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465 Ocean Drive 507, Miami Beach, FL 33139
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0 Days on Market
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How this price compares

List price
$450,000
Price per sq ft
$688
Original price
Unchanged
Days on market
N/A

This 1-bedroom condo in Royal Atlantic Condo is listed at $450,000, or $688 per square foot.

1
Bedrooms
1
Bathrooms
654
Living Sq Ft
1969
Year Built

Estimated monthly payment

$2,365 /mo

Principal and interest only, based on $90,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $702/mo HOA are not included.

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Listing Snapshot

Price
$450,000
Days on Site
0 Days
Bedrooms
1
Total Baths
1
Full Baths
1
Partial Baths
0
Living Area
654 sqft
Total Sq Ft
654 sqft
Year Built
1969
Property Type
Condo
MLS #
A12121211
Property Tax
$7,236 (2025)
HOA Fees
$702 / Monthly
Subdivision
ROYAL ATLANTIC CONDO
County
Miami Dade
Status
Active

About This Property

Renovated 1/1 apartment with partial ocean views. The Southern exposure offers plenty of sunlight all day making this spacious apartment very bright. Oversized balcony, neutral tiles throughout, white modern kitchen and a flawless floor plan make this apartment a real jewel. Assigned parking space. HOA includes a heated pool, oceanfront gym, large east-facing sundeck, saunas and direct access to the beach where lounge chairs and umbrella are complimentary. The Royal Atlantic is perfectly located in the prestigious South of Fifth area in the middle of all the attractions of South Beach all within walking distance.

MLS media link

General Features

Property Type
Condo
Status
Active
Year Built
1969
Property Condition
Resale
Number of Stories
11
Garage Spaces
0
Living Sq Ft
654
Total Sq Ft
654

Interior Features

Cooling
Central Air
Heating
Central
Flooring
Tile
Interior Features
Other

Exterior Features

Construction
Block
Exterior Features
Other
Pool Features
Association / Heated
Waterfront
Yes
Waterfront Features
Ocean Front / Other
View
Ocean

Community & HOA

HOA Fee
$702 / Monthly
HOA Includes
Common Areas / Cable Tv / Insurance / Internet / Sewer / Security / Water
Association Amenities
Bike Storage / Clubhouse / Fitness Center / Maintenance Grounds / Laundry / Management / Pool / Sauna / Elevators
Security
Closed Circuit Cameras / Key Card Entry / Security Fence
Pets Allowed
No
55+ Community
Yes
Financing Terms
Cash / Conventional
Restrictions
See Remarks
MLS Area
2420

Schools

Elementary School
Miami Beach South Pointe
Middle School
Miami Beach Nautilus
High School
Miami Beach

Royal Atlantic Condo is a waterfront community in Miami Beach, Miami-Dade County, Florida. Active listings are priced from $470,000 to $715,000. Homes were built starting 1969. Pure Equity lists homes in Royal Atlantic and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Homes for Sale
7
Median List Price
$525,000
Median $/Sq Ft
$833
Avg Days on Market
57
View all 7 homes for sale in Royal Atlantic →
How do I schedule a tour of 465 Ocean Drive 507, Miami Beach, FL 33139?
Use the Tour button on this listing to request a showing of 465 Ocean Drive 507, Miami Beach, FL 33139. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 465 Ocean Drive 507, Miami Beach, FL 33139 still available?
465 Ocean Drive 507, Miami Beach, FL 33139 is currently listed as Active. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 465 Ocean Drive 507, Miami Beach, FL 33139?
With 20% down ($90,000) on the $450,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 465 Ocean Drive 507, Miami Beach, FL 33139 is about $2,365/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 465 Ocean Drive 507, Miami Beach, FL 33139?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 465 Ocean Drive 507, Miami Beach, FL 33139. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Does 465 Ocean Drive 507, Miami Beach, FL 33139 have an HOA fee?
Yes: 465 Ocean Drive 507, Miami Beach, FL 33139 carries an HOA fee of about $702 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
What schools serve 465 Ocean Drive 507, Miami Beach, FL 33139?
465 Ocean Drive 507, Miami Beach, FL 33139 is zoned for Miami Beach South Pointe (elementary), Miami Beach Nautilus (middle), Miami Beach (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 465 Ocean Drive 507, Miami Beach, FL 33139?
Often, yes. The right offer on 465 Ocean Drive 507, Miami Beach, FL 33139 depends on how it's priced against comparable condo sales in Miami Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Douglas Elliman

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated November 14, 2026.

$450,000

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Listed by Corrado Colini, Douglas Elliman

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