Interior
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,446 sq ft
Active · Condominium
$2,299,000
448 Ocean Dr 302, Miami Beach, FL 33139
- Beds
- 2
- Baths
- 2
- Living area
- 1,446 sq ft
- $ / sq ft
- $1,590/sq ft
- Year built
- 2006
- Lot size
- —
- HOA fee
- $2,200
- Annual tax
- —
About this property
Located in the prestigious South of Fifth neighborhood of South Beach and walking-distance to the beach, this 2-BR/2-BA condo features panoramic views from rotunda with glass walls overlooking the Ocean, Art Deco District, Lummus Park. The only unit in the boutique building with 3 private terraces, boasting an oval shaped expansive sun-drenched living area, split floor plan, spacious balconies with wrap-around ocean views, and stainless-steel appliances with open gourmet kitchen/dining room, granite countertops. Luxury amenities including rooftop pool, fitness center, 24-hr valet, concierge, and more. Enjoy top South of Fifth restaurants, shops, galleries, and other glamorous attractions. Must see! Building allows daily rentals without restrictions. Great for investors.
Property location
Get Directions448 Ocean Dr 302, Miami Beach, FL 33139
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 2006
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $2,200
- County
- Miami-Dade
- MLS listing ID
- A11987728
- Listing status
- Active
Investment intelligence
Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
-$10,047
- Cap rate
- 0.4%
- Net yield
- 0.4%
- Cash-on-cash return
- -18.7%
- Gross yield
- 4.7%
- Mortgage payment
- $10,898/mo
- Down payment
- $574,750
- Loan amount
- $1,724,250
- Annual NOI
- $10,216
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.