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465 Ocean Dr # 524, Miami Beach FL 33139

Condo/Co-op For Sale
$540,000

BTC: 6.64287125

ETH: 220.49816252

-$10K (2026/08/01)
215 days
Waterfront
1 bds
1 ba
654 sqft

Overview

Reduced!!!! Parking spot included. Right in the heart of South Beach with the best unobstructed Ocean and Ocean Drive view, next to Lummus Park. Make this unit your paradise. Walk to restaurants and the trendy neighborhood. The building offers Beach Service, Cable, Wifi, and Internet. Close to Brickell, Miami Downtown, Miami Airport, Mall, and Miami Cruise Port. Assessment is paid. Parking spot assigned. Easy to show. See attachment for financial and reserve information. For financing, look at Imput Broker Remarks

Location

Details

Type:
Residential
Parking:
1 Space / No Motorcycle / No Rv/Boats
Year Built:
1969
Lot:
No Data
Heating:
Central
Price/sqft:
$826
Cooling:
Central Air
HOA:
$702

Valuation

Our model vs. what's actually selling nearby.
Estimate
$314,500
$208K – $499K
Confidence Low
List vs. estimate
$225K above estimate
List $540,000 · +71.7%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$825
+36.8% vs. city median $603
Based on
832 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $314K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$9,130
2025
HOA
$702/mo
View
Ocean 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

    • Electric Range

    • Electric Water Heater

    • Refrigerator

    Other interior features

    • Elevator

    Bedrooms and bathrooms

    • Bedrooms: 1

    • Full bathrooms: 1

  • Parking

    • 1 Space

    • No Motorcycle

    • No Rv/Boats

    Property

    • Exterior Features: East Of Us1 / Open Balcony

    Other Property Information

    • Parcel Number: 02-42-03-097-0870

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $702

    • HOA Frequency: Monthly

    • Annual tax amount: $9,130

  • Source details

    • MLS ID: A11952080

    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

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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 Rent-Sell Property Mngmt