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465 Ocean Dr # 718, Miami Beach FL 33139

Condo/Co-op For Sale
$495,000

BTC: 5.84968093

ETH: 186.79245283

New
Waterfront
1 ba
418 sqft

Overview

Experience majestic views of the ocean, Ocean Drive, and Lummus Park the moment you enter this sun-drenched, TOTALLY RENOVATED studio. Featuring a special private terrace and an included ASSIGNED PARKING SPACE, this unit is perfectly located at The Royal Atlantic. Enjoy the vibrant energy of South Beach with direct beach access, private beach service, a stunning pool, gym, and sauna, all complemented by low maintenance fees.

Location

Details

Type:
Residential
Parking:
1 Space / Assigned
Year Built:
1969
Lot:
No Data
Heating:
Central
Price/sqft:
$1,184
Cooling:
Central Air
HOA:
$702

Valuation

Our model vs. what's actually selling nearby.
Estimate
$257,500
$170K – $420K
Confidence Low
List vs. estimate
$237K above estimate
List $495,000 · +92.2%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,184
+96.2% vs. city median $603
Based on
172 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $451K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$5,656
2025
HOA
$702/mo
View
Ocean View
Waterfront
Ocean Front
Garage
1 car garage
Pets
Not allowed
All facts and features
  • Flooring

    • Marble

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Microwave

    • Refrigerator

    Other interior features

    • Other

    Bedrooms and bathrooms

    • Full bathrooms: 1

  • Parking

    • 1 Space

    • Assigned

    Property

    • Exterior Features: East Of Us1 / Other

    Other Property Information

    • Parcel Number: 02-42-03-097-1310

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $702

    • HOA Frequency: Monthly

    • Annual tax amount: $5,656

  • Source details

    • MLS ID: A12100463

    Other facts

    • Construction Materials: CBS Construction

    • Waterfront: Yes

    • Garage Spaces: 1

    • Garage: Yes

    • Living Area: 418

    • Subdivision Name: ROYAL ATLANTIC CONDO

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

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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: Douglas Elliman