Ocean Five Miami Beach

448 Ocean Dr, Miami Beach, FL 33139
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3 listings for sale
Unit Price MLS# Beds/Baths Sq.Ft. $/Foot Change Listed Details
3 Bedrooms
201 $1,850,000 A11339169 3 3/0 1,507 $1,228 Feb 7, 2023
2 Bedrooms
302 $2,198,000 A11353304 2 2/0 1,446 $1,520 5.67% Mar 8, 2023
301 $1,800,000 A11339165 2 2/0 1,118 $1,610 Feb 7, 2023
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0 listings for rent
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0 listings pending
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8 listings sold
Unit List Price Sold Price MLS# Beds/Baths Sq.Ft. $/Foot Date Sold Days Active Details
501 $1,095,000 $1,095,000 A11104365 2 2/0 1,118 $979 Nov 17, 2021 49 View
304 $725,000 $651,000 A10980075 1 1/0 830 $784 Jun 7, 2021 150 View
303 $799,000 $710,000 A10134287 1 1/ 830 $855 Dec 28, 2016 131 View
501 $949,000 $900,000 A1928782 2 2/0 1,118 $805 Jul 1, 2014 91 View
501 $798,000 $790,000 A1781534 2 2/0 1,118 $707 Oct 4, 2013 155 View
304 $545,000 $539,000 A1667462 1 1/0 883 $610 Jul 8, 2013 352 View
Undisclosed $820,000 $910,000 A1746185 2 2/0 1,446 $629 Apr 10, 2013 60 View
204 $230,000 $240,000 A1663832 0 1/0 500 $480 Oct 12, 2012 91 View

Current Sale and Rent

Number of Units Sold

Average Sold Prices

Average Asking Price vs Average Sold Price

Sold Price per Sq Ft

General Information
Total residences in the building 16
Number of Stories 5
Year Built 2006
Average Maintenance Cost $1.02 Per Square Foot
Pets Allowed YES
Valet Service NO
Oceanview From The Building YES
Currently Available For Sale and Rent
Total residences for sale 3
Total residences for rent 0
Average price per square foot 1453
Maximum price per square foot 1610
Minimum price per square foot 1228
Sold Units Statistics
Average price per square foot 731
Maximum price per square foot 979
Minimum price per square foot 480
Number Of Units Sold
Number of Units sold in 2012 1
Number of Units sold in 2013 3
Number of Units sold in 2014 1
Number of Units sold in 2016 1
Number of Units sold in 2021 2
Average price per square foot paid
Average price per square foot paid in 2012 480
Average price per square foot paid in 2013 649
Average price per square foot paid in 2014 805
Average price per square foot paid in 2016 855
Average price per square foot paid in 2021 882


Ocean Five Hotel is an endlessly charming boutique hotel in internationally famous South Beach. Perfectly situated on widely famous Ocean Drive, Ocean Five is within a walking distance from all the action and entertainment South Beach has to offer. Ocean Five is just steps away from South Beach's best shopping, gourmet dining, nightlife, along with miles of golden Atlantic sand beaches. On the other hand, Ocean Five is located in a tranquil area of South of Fifth - a famous neighborhood of South Beach representing the height of luxury living. The area's streets are clean, there's no noise and no vagrants. Art Deco historical buildings the city fought to preserve have been beautifully upgraded. There are more than a dozen restaurants in the area, including several considered the most exclusive in Miami Beach.

Life in South Beach is all about the options. Take a dive into the Atlantic Ocean, explore the endless beauty of the shimmering waters of the Biscayne Bay with a kayak trip, go boating or fishing, sunbathe at beautiful Lummus Beach, take a walk in South Pointe Park, the picturesque end of South Beach. For the art lovers, the nearby Adrienne Arsht Center for the performing arts has a dynamic program of plays, concerts and ballet performances. Visit the Bass Museum of Art and the Museum of Contemporary Art. South Beach is a home for the World Erotic Art Museum located in the heart of the famous Art Deco District. It's a museum, library and education think tank that uses its collection to illustrate the history of erotic art with the artwork from such renowned artists like Rembrandt, Picasso, Salvador Dalí and many more. If you want some entertainment, there's a stunning variety of trendy boutique shops, unique stores, lounge bars, night clubs, fine restaurants that offer deliciously prepared dishes. There's no way to feel bored here. South Beach is in constant motion. Furthermore, Ocean Five is conveniently located just 20 minutes from Miami International Airport and 15 minutes from the Port of Miami.

Ocean Five South Beach offers spacious units, contemporary design, first-class services and ultramodern amenities that will make the most discerning guests endlessly pleased. The hotel features a beautiful lobby that will greet you every single day with a gentle Mediterranean ambiance. The Ocean Five Hotel offers 57 well-appointed rooms and suites with elegant Italian travertine marble floors and handcrafted furniture in each guest room and suite. Guestroom amenities include 1 King, 1 Queen, or 2 Queen beds, elegant Italian travertine marble floors, full bathroom with amenities (shower only), individually controlled room air-conditioning, iHome iPod docking station clock radio, satellite TV with premium stations, in-room safe, telephone with voice mail, free wireless Internet throughout the hotel, daily housekeeping services. Parking is available on site for $25 per day. The Ocean Five Studio rooms with kitchens are located in an annex 3-story building to Ocean Five Hotel featuring 24 studio rooms with kitchens, bathroom with showers, wooden like floors, modern interior design, one or two beds, full kitchen (refrigerator, microwave, two stove burners). All the units are pre-wired for high-speed Internet access and feature plasma television. Concierge services are also available at Ocean Five Hotel Reception. Adjacent to the Ocean Five Hotel is the new Ocean Five Condominium Hotel with one-bedroom/one-bath units, with their 156-square-foot balcony, totaling 980 square feet. Interested? No doubt, you'll be happy with your choice!


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker