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465 Ocean Dr # 512, Miami Beach FL 33139

Condo/Co-op For Sale
$529,500

BTC: 6.73235855

ETH: 209.24718435

24 days
Waterfront
1 bds
1 ba
654 sqft

Overview

Experience oceanfront living in the highly desirable South of Fifth neighborhood! This spacious 1-bedroom, 1-bath residence offers 654 square feet at Royal Atlantic Condo, ideally situated directly on Ocean Drive. Residents enjoy direct beach access, an oceanfront pool and sundeck, a fitness center, sauna, community room, bike storage, and more. Just moments from South Pointe Park, the marina, renowned restaurants, shopping, and everything South Beach has to offer. This is an excellent opportunity to own a primary residence, vacation home, or Miami Beach retreat in one of the area’s most sought-after locations.

Location

Details

Type:
Residential
Parking:
1 Space / No Rv/Boats / No Trucks/Trailers
Year Built:
1969
Lot:
No Data
Heating:
Central
Price/sqft:
$810
Cooling:
Central Air
HOA:
$702

Valuation

Our model vs. what's actually selling nearby.
Estimate
$314,000
$208K – $499K
Confidence Low
List vs. estimate
$215K above estimate
List $529,500 · +68.6%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$809
+32.9% vs. city median $609
Based on
833 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $393K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$7,030
2025
HOA
$702/mo
View
Ocean View, Water View
Waterfront
Ocean Access, Ocean Front
Garage
1 car garage
Pets
Not allowed
All facts and features
  • Flooring

    • Ceramic Floor

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Electric Range

    • Refrigerator

    Other interior features

    • Elevator

    Bedrooms and bathrooms

    • Bedrooms: 1

    • Full bathrooms: 1

  • Parking

    • 1 Space

    • No Rv/Boats

    • No Trucks/Trailers

    Property

    • Exterior Features: Other / West Of Us1 / Open Balcony

    Other Property Information

    • Parcel Number: 02-42-03-097-0760

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $702

    • HOA Frequency: Monthly

    • Annual tax amount: $7,030

  • Source details

    • MLS ID: A12074288

    Other facts

    • Construction Materials: CBS Construction

    • Patio And Porch Features: Open Balcony

    • Waterfront: Yes

    • Garage Spaces: 1

    • Garage: Yes

    • Living Area: 654

    • Subdivision Name: ROYAL ATLANTIC CONDO

Private inquiry
Talk to the advisor on this listing.
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Market around this address

Live counts in the same area.
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Miami New Realty