Price reducedMLS® A12074288

$499,900

↓ Price reduced $15,100 on Sep 28, 2026

465 Ocean Drive 512, Miami Beach, FL 33139

Beds: 1
Baths: 1
Sqft: 654

Est. payment$4,132/mo

Home type: Condominium
Year built: 1969
Lot size: —
Price / sqft: $764
HOA: $702/mo
Community: ROYAL ATLANTIC CONDO

Property description

Experience oceanfront living in the highly desirable South of Fifthneighborhood! This spacious 1-bedroom, 1-bath residence offers 654square feet at Royal Atlantic Condo, ideally situated directly onOcean Drive. Residents enjoy direct beach access, an oceanfront pooland sundeck, a fitness center, sauna, community room, bike storage,and more. Just moments from South Pointe Park, the marina, renownedrestaurants, shopping, and everything South Beach has to offer. Thisis 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.

Listing activity

Days on market: 40
Listed: Aug 19, 2026
MLS listing updated: Sep 28, 2026
Feed last checked: 6 minutes ago

Listed by Carlos E Salinas · Miami New Realty

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 1
Bathrooms (decimal): 1
Full bathrooms: 1
Half bathrooms: 0

Rooms & features

Rooms: 0
Interior features: Elevator
Flooring: Ceramic Tile, Laminate
Appliances: Dishwasher, Electric Range, Refrigerator

Heating & cooling

Heating: Central
Cooling: Central Air

Property

Parking

Garage spaces: 1
Garage: Yes
Covered spaces: 1

Exterior

Stories: 11
Building area: 654 sqft
Exterior features: Balcony
View: Ocean, Water
Waterfront: Other, Ocean Access, Ocean
Waterfront property: Yes

Lot

Road frontage: West of US-1

Construction

Type & style

Home type: Condominium
Architectural style: Other
Year built: 1969

Materials

Construction: CBS

Utilities & green energy

Not reported by the listing source.

Community & HOA

Community

Subdivision: ROYAL ATLANTIC CONDO
MLS area: 2420
Security: Elevator Secure
Pets allowed: No
55+ community: No

Association

Has association: Yes
Association fee: $702 monthly
Estimated monthly dues: $702
Amenities: Pool, Fitness Center, Laundry
Services included: Cable TV, Common Areas, Elevator

Lease details

Not reported by the listing source.

Location

Area details

City: Miami Beach
County: Miami-Dade
ZIP code: 33139

Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number: A12074288
Possession: Close Of Escrow
Original list price: $529,500
Parcel number: 0242030970760
Annual property tax: $7,030
Tax year: 2025
Tax legal description: ROYAL ATLANTIC CONDO UNIT 512 FIFTH FLOOR UNDIV .004241% INT IN COMMON ELEMENTS CLERKS FILE 69R-162432 OR 13460-891 1087 1

Additional MLS details

Reported by the listing source

Association Amenities: Pool, Fitness Center, Laundry
Association Fee Frequency: Monthly
Association Fee Includes: Cable TV, Common Areas, Elevator
Association: Yes
Bathrooms Total Decimal: 1
Bathrooms Total Integer: 1
Building Area Total: 654
Construction Materials: CBS
County Or Parish: Miami-Dade
Days On Market: 40
Elementary School: Miami Beach South Pointe
High School: Miami Beach
List Price: 499900
Listing Contract Date: 2026-08-19
Living Area: 654
MLSArea Major: 2420
Middle Or Junior School: Miami Beach Nautilus
Mls Status: Active
On Market Date: 2026-08-19
Photos Count: 52
Postal Code: 33139
Price Change Timestamp: 2026-09-28T18:04:58Z
Property Sub Type: Condominium
Property Type: Residential
Road Frontage Type: West of US-1
Rooms Total: 0
Security Features: Elevator Secure
Senior Community: No
Standard Status: Active
State Or Province: FL
Status Change Timestamp: 2026-08-19T04:00:00Z
Stories Total: 11
Subdivision Name: ROYAL ATLANTIC CONDO
Waterfront Features: Other, Ocean Access, Ocean
Tax Annual Amount: 7030
Bathrooms Full: 1
Bedrooms Total: 1
Bathrooms Half: 0
Financial Information: Estimated Monthly Assoc Recurring Fee: 702

Market value

Automated estimate—No licensed valuation source connected

Estimated sales range—Ask Karim for a local market analysis

Estimated rent—No licensed rental valuation source connected

Price history

Date	Event	Price
Aug 19, 2026	ListedMIAMI REALTORS® MLS	$529,500$810/sqft
Sep 28, 2026	Price reducedMIAMI REALTORS® MLS	$499,900$764/sqft

Public tax history

Year	Property taxes	Assessment
2025	$7,030	—

Payment calculator

Estimated monthly payment$4,132/moIllustrative estimate, not a loan offer.

Loan typeDown payment (%)Interest rate assumption (%)Loan termInsurance / month

Principal & interest: $2,594
Property taxes: $586
Insurance: $250
Association dues: $702

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

ROYAL ATLANTIC CONDO

Miami Beach · Miami-Dade County · 33139

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Miami Beach South PointeElementary

—

Miami Beach NautilusMiddle

—

Miami BeachHigh

—

School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

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