Miami Art Week 2026Upcoming
6 exhibitions within 1 mile
Art Week Score 62 · #66 in South Beach
#66 in South Beach · #83 in Miami
Nearest: Joseph's Machines brunch at the Jewish Museum of Florida, 0.2 mi away
For sale
1
0 pending
Median asking
$2.3M
from $2.3M
Median $/sqft
$1,590/sqft
Days on market
207
0 sold in 12 months
Ocean Five is a small waterfront condominium in the South of Fifth district of South Beach, with 13 residences across 4 floors. It was completed in 2006. The Property Appraiser records it as OCEAN FIVE CONDO.
The building sits in FEMA flood zone AE, part of the Special Flood Hazard Area, where FEMA maps a 1% yearly chance of flooding and lenders require flood insurance for federally backed or federally regulated mortgages. It is also in Miami-Dade hurricane evacuation zone B. The lowest street next to the building is 3.8 ft above the highest tide predicted for 2026 at Virginia Key.
Daily errands lean on a car: the Car-Free Index is 1, and the nearest Publix is 800 m (about 0.5 miles) away in a straight line.
A public records check last run on October 23, 2026, covering Miami-Dade Clerk of Courts records and Florida DBPR condominium complaints, found no liens, lawsuits or regulatory complaints at watch level or higher.
Live near more of Miami
What surrounds Ocean Five: seasonal events, annual programs and lifestyle indexes, measured from the building.
Publix IndexLive now
60 / 100
Nearest Publix: Publix at Fifth & Alton, 0.5 mi
#69 in South Beach · #266 in Miami
Walk over, walk back, one bag per hand.
1 Publix stores nearby
Distances are straight-line, not walking or driving.
Getting around
South Beach is a walkable urban neighborhood. Transit, parks, dining and landmarks within reach:
Ocean DriveLincoln RoadSouth Pointe ParkMiami Beach BoardwalkEspañola Way
Want the inside track on Ocean Five?
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Inventory
Sold $/sqft trend
3-month rolling median of closed sales in Ocean Five; bars are closings per month.
Not enough closed sales yet for a trend.
Location
Nearby buildings within half a mile.
Building facts
- Address
- 448 Ocean Dr
- Year built
- 2006
- Floors
- 4
- Residences
- 13
- Developer
- Sayeh Corp
- Waterfront
- Yes
Amenities
Amenity list coming soon.
Building rules
Pet, leasing and parking rules are being verified with the association.
Special assessments & recertification outlook
WatchPublic records checked Oct 30, 2026: no liens, lawsuits or regulatory complaints found for the association.
- Built 2006 — its first 25-year structural milestone inspection is due around 2031
Estimated from Ocean Five’s age and signals in active listings — not an official inspection or reserve report. Always verify the building’s milestone-inspection status and reserves with the association before buying.
Financeability
What the banks say about Ocean Five: recorded purchase mortgages, the down payments they accepted, and the programmes in use.
No bank mortgages recorded here in the last two years. That is not a verdict on the building — many condos trade for cash — only the absence of a signal.
Source: Miami-Dade County official records and the FHA/VA approval lists. Aggregates only; individual instruments are never shown. Compare with South Beach
Flooding and storm surge
Public flood data at this building’s location, read Oct 22, 2026.
- FEMA flood zone
- Zone AE: high-risk area. FEMA maps a 1% yearly chance of flooding here.
- Base flood elevation on the map: 8.0 ft (NGVD29).
- Hurricane evacuation zone
- Zone B
- Miami-Dade storm surge planning zones run from A (called first) to E. The county decides which zones evacuate in a storm.
- Ground at the building
- 6.9 ft
- Lowest nearby street
- 4.8 ft
- Highest predicted tide, 2026
- 1.0 ft
Elevations in feet above the NAVD88 datum.
The lowest street next to this building sits 3.8 ft above this year’s highest predicted tide (Oct 27, 2026).
Estimated from public data, not a flood determination. Check the FEMA flood map and an elevation certificate for this building.
Legal & Regulatory
No material litigation foundCivil court cases involving the condominium association, classified by what they are about. Routine collections against individual owners are counted separately and do not affect the building’s standing.
- Active material lawsuits
- 0
- Owner / association disputes
- 0
- Routine collection cases
- 0
- DBPR complaints
- 0
- Open DBPR complaints
- 0
No civil cases involving the association were found on the Miami-Dade docket in the last five years.
DBPR registration PR69933 · Approved,Recorded. Public complaints on record with the Florida Division of Condominiums; investigations are confidential and not counted.
Court records are matched to the association by name and summarized by us; a case is a claim, not a finding. Ask the association for its litigation disclosure before buying.
Frequently asked
How much do condos at Ocean Five cost?+
There are 1 condos for sale at Ocean Five, from $2,299,000, with a median asking price of $2,299,000 ($1,590/sqft).
How much are the HOA fees at Ocean Five?+
HOA / maintenance fees at Ocean Five run around $2,200 per month among units currently for sale; the exact fee varies by unit size and line, so confirm the current amount with the listing or the condo association.
Is Ocean Five a waterfront building?+
Yes — Ocean Five is a waterfront building (South Beach).
When was Ocean Five built?+
Ocean Five was built in 2006, 4 stories, 13 residences.
Who developed Ocean Five?+
Ocean Five was developed by Sayeh Corp.
Stay ahead
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If you like Ocean Five, compare
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