# Ocean Five

As of 2026-10-16, Ocean Five in South Beach has 1 units for sale at a median asking price of $2.3M ($1,590/sqft); 0 units sold in the last 12 months.

Ocean Five is a 4-story, 13-residence waterfront condominium at 448 Ocean Dr in South Beach's South of Fifth district, built in 2006.

## Key facts

| | |
|---|---|
| Address | 448 Ocean Dr |
| Neighborhood | South of Fifth, South Beach |
| Year built | 2006 |
| Floors | 4 |
| Units | 13 |
| Waterfront | yes |
| Developer | Sayeh Corp |
| For sale | 1 |
| Pending | 0 |
| Median asking price | $2,299,000 |
| Median asking $/sqft | $1,590/sqft |
| Sold, last 12 months | 0 |
| Median HOA | $2,200/mo |

## Own Miami measures

- Special-assessment outlook: watch (next structural milestone inspection due 2031)

## Building health (verified public records)

- Public records checked 2026-10-30: no liens, lawsuits or regulatory complaints found
- Legal & regulatory: 0 material cases active, 0 disputes active, 0 DBPR complaints (36 months) (2026-10-30)

## Frequently asked questions

**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.

## Related pages

- [South Beach — neighborhood guide](https://own.miami/south-beach)
- [All units for sale at Ocean Five](https://own.miami/buildings/ocean-five/for-sale)
- [Portofino Tower](https://own.miami/buildings/portofino-tower)
- [Murano Grande](https://own.miami/buildings/murano-grande)
- [1500 Ocean Drive](https://own.miami/buildings/1500-ocean-drive)
- [Capri South Beach](https://own.miami/buildings/capri-south-beach)

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Source: Own.Miami — https://own.miami · data as of 2026-10-16
Canonical page: https://own.miami/buildings/ocean-five
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