$540,000
465 Ocean Drive 524
Miami Beach, FL 33139
Explore the area: Miami Beach homes for sale · Miami Dade County real estate
Price Check
How this price compares
- Asking price
- $540,000
- Price per sq ft
- $826
- Original price
- $550,000
- Days on market
- 230
This 1-bedroom condo in Royal Atlantic Condo went under contract with an asking price of $540,000, or $826 per square foot. The asking price has come down 1.8% from its original $550,000. It spent 230 days on the market before going under contract.
Estimated monthly payment
$2,838 /mo
Principal and interest only, based on $108,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $702/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $540,000
- Days on Site
- 230 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 #
- A11952080
- Property Tax
- $9,130 (2025)
- HOA Fees
- $702 / Monthly
- Subdivision
- ROYAL ATLANTIC CONDO
- County
- Miami Dade
- Status
- Under Contract
- Special Conditions
- Listed As Is
About This Property
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
Virtual TourGeneral Features
- Property Type
- Condo
- Status
- Under Contract
- Year Built
- 1969
- Property Condition
- Resale
- Number of Stories
- 11
- Garage Spaces
- 1
- Parking
- Detached / Garage
- Living Sq Ft
- 654
- Total Sq Ft
- 654
Interior Features
- Appliances
- Electric Range / Electric Water Heater / Refrigerator
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Ceramic Tile
- Interior Features
- Bedroom On Main Level / Elevator / Family Dining Room
Exterior Features
- Construction
- CBS Concrete Block Structure / Block
- Exterior Features
- Balcony / Outdoor Living Area
- Patio & Porch
- Open / Balcony
- Waterfront
- Yes
- Waterfront Features
- Ocean Access / Ocean Front / Other
- View
- Beach / Ocean
Community & HOA
- HOA Fee
- $702 / Monthly
- HOA Includes
- Common Areas
- Association Amenities
- Beach Rights / Beach Access / Laundry / Elevators
- Security
- Elevator Secured
- Utilities
- Cable Available
- Pets Allowed
- No
- Financing Terms
- Cash / Conventional
- Restrictions
- No Motorcycles / Other Restrictions
- MLS Area
- 2420
This home's HOA fee works out to $702 a month, in line with the $702 median across 7 homes for sale in Royal Atlantic Condo. See Royal Atlantic Condo HOA fees
Schools
- Elementary School
- Miami Beach South Pointe
- Middle School
- Miami Beach Nautilus
- High School
- Miami Beach
About the Community
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
- 56
Frequently Asked Questions
- How do I schedule a tour of 465 Ocean Drive 524, Miami Beach, FL 33139?
- Use the Tour button on this listing to request a showing of 465 Ocean Drive 524, 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 524, Miami Beach, FL 33139 still available?
- 465 Ocean Drive 524, Miami Beach, FL 33139 is currently listed as Under Contract, and has been on the market 230 days. 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 524, Miami Beach, FL 33139?
- With 20% down ($108,000) on the $540,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 465 Ocean Drive 524, Miami Beach, FL 33139 is about $2,838/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 524, 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 524, 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 524, Miami Beach, FL 33139 have an HOA fee?
- Yes: 465 Ocean Drive 524, 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 524, Miami Beach, FL 33139?
- 465 Ocean Drive 524, 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 524, Miami Beach, FL 33139?
- Often, yes. The right offer on 465 Ocean Drive 524, 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 Miami Rent-Sell Property Mngmt
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 June 23, 2026.
$540,000
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Listed by Andres E Fernandez, Miami Rent-Sell Property Mngmt
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Recent Sales
Recently sold homes in Royal Atlantic Condo
These are the last 6 recorded closings in Royal Atlantic Condo, with the price each home actually sold for rather than what it was listed at. They closed at a median of $917 per square foot. The most recent closed on July 31, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$620,000
Sold · July 31, 2026
465 Ocean Drive 1102
1 bed · 1 bath · 665 sqft · $932/sqft
$75,000 under the asking price
Sold$575,000
Sold · May 12, 2026
465 Ocean Drive 1008
1 bed · 1 bath · 645 sqft · $891/sqft
$20,000 under the asking price
Sold$600,000
Sold · May 12, 2026
465 Ocean Drive 824
1 bed · 1 bath · 654 sqft · $917/sqft
$49,000 under the asking price
Sold$460,000
Sold · February 18, 2026
465 Ocean Drive 708
1 bed · 1 bath · 645 sqft · $713/sqft
$35,000 under the asking price
Sold$790,000
Sold · December 18, 2025
465 Ocean Drive 315
1 bed · 1 bath · 776 sqft · $1,018/sqft
$35,000 under the asking price
Sold$600,000
Sold · October 9, 2025
465 Ocean Drive 619
1 bed · 1 bath · 654 sqft · $917/sqft
$49,000 under the asking price
See every recorded sale in Royal Atlantic Condo or find out what your Royal Atlantic Condo home is worth.
