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465 Ocean Dr # 512, Miami Beach FL 33139

Condo/Co-op For Sale
$499,900

BTC: 5.90758686

ETH: 188.64150943

-$30K (2026/09/28)
47 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,second home, vacation home, or Miami Beach retreat in one of the area’s most sought-after.

Location

Florida • Miami Beach • 33139 • Condo/Co-op • For Sale • Waterfront

Details

Type:
Residential
Parking:
1 Space / No Rv/Boats / No Trucks/Trailers
Year Built:
1969
Lot:
No Data
Heating:
Central
Price/sqft:
$764
Cooling:
Central Air
HOA:
$702

Valuation

Our model vs. what's actually selling nearby.
Estimate
$310,000
$205K – $495K
Confidence Low
List vs. estimate
$189K above estimate
List $499,900 · +61.3%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$764
+26.6% vs. city median $603
Based on
857 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
$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.
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

Live counts in the same area.
View all
This zip
33139
1,034
median $550K
Active
Same city
Miami Beach
2,485
median $648K
Active
Same type
Condo/Co-op
1,836
median $515K
Active
Similar price
$349K – $649K
610
median $479K
Active

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