465 Ocean Drive, Unit 507

Miami Beach, FL 33139

$498,000
Price
1
Beds
1
Bath
654 Sq. Ft.
$761 / Sq. Ft.
654
Sq. Ft.
$761
per Sq. Ft.

Description

1/1 unit located in an oceanfront building in the best area of South Beach, right South of Fifth, on the corner with Lummus Park. Impact windows, largest balcony with a beautiful partial ocean view. Very well maintained and with low monthly fees, maintenance includes wi-fi, cable and complementary daily service of beach chairs and umbrella. Heated pool with huge pool deck, secured elevators, laundry facility, social lounge, saunas, direct beach/ocean access and a new gym with ocean view. The Royal...1/1 unit located in an oceanfront building in the best area of South Beach, right South of Fifth, on the corner with Lummus Park. Impact windows, largest balcony with a beautiful partial ocean view. Very well maintained and with low monthly fees, maintenance includes wi-fi, cable and complementary daily service of beach chairs and umbrella. Heated pool with huge pool deck, secured elevators, laundry facility, social lounge, saunas, direct beach/ocean access and a new gym with ocean view. The Royal Atlantic is a popular chic oceanfront building in the highly desirable South of Fifth neighborhood, walking distance to restaurants, shops & entertainment. No special assessments in place or foreseen. it had completed 40years certification. Make this your perfect beach getaway. 1 covered parking.
  1. Listed by Clarissa Valdivia • Elite International Realty Inc

Property Details for 465 Ocean Drive, Unit 507

Subdivision
ROYAL ATLANTIC CONDO
Complex Name
ROYAL ATLANTIC CONDO
Style
Condo 5+ Stories
Waterfront
Yes
Waterfront Description
Ocean Access, Ocean Front
View
Ocean View, Other View
Unit View
Ocean View, Other View
Furnished
Furniture For Sale

Location

Listing Courtesy of Elite International Realty Inc
Add your commute
LISTING UPDATED: 04/12/2024 03:26 PM

Property Details for 465 Ocean Drive, Unit 507

StatusActive
MLS #A11516107
Days on Market102
Taxes$6,159 / year
HOA Fees$615 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeCondo/Co-Op/Villa/Townhouse / Condo
Year Built1969
CountyMiami-Dade County

Building

ROYAL ATLANTIC

11 StoriesBuilt in 1969

Location

Listing Courtesy of Elite International Realty Inc
Add your commute

Building Information for 465 Ocean Drive, Unit 507

Building/ComplexROYAL ATLANTICFloor5Stories11Residences-Pet Policy-Year Built1969

Payment Calculator

$3,846 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,718

Property Taxes

$513

HOA Dues

$615

The Payment Calculator is for illustrative purposes only.

Property Information for 465 Ocean Drive, Unit 507

Location Information
Location Information
  • Parcel Number Free Text: 02-42-03-097-0710
  • Parcel Number MLX: 0710
  • MLS Area: 42
  • Municipal Code: 2
  • Township Range: 42
  • Section: 3
  • Subdivision Number: 97
  • Subdivision Complex Bldg: ROYAL ATLANTIC CONDO
  • Unit Floor Location: 5
  • Total Floors In Building: 11
  • Development Name: ROYAL ATLANTIC CONDO
General Information
Parking
  • Num Garage Spaces: 1
  • Garage Description: Attached
  • Parking Description: 1 Space, Assigned Parking, Covered Parking
  • Parking Restrictions: No Rv/Boats, No Trucks/Trailers
General Information
  • Housing Older Persons Act: Unverified
  • Property Detached: No
  • Minimum Num of Days for Lease: 365
  • Num Times Leased Year: 1
  • Type of Governing Bodies: Condominium
  • Unit Design: East Of Us1
  • Water Access: Deeded Beach Access, Other, Unrestricted Salt Water Access
  • Construction: CBS Construction
  • Construction Type: CBS Construction
  • Flooring: Tile Floors
  • Floor Description: Tile Floors
  • Security Information: Complex Fenced, Card Entry, Garage Secured
Room Information
Room Information
  • Bedroom Description: Entry Level
  • Master Bathroom Description: Shower Only
  • Master Bath Features: Shower Only
  • Dining Description: Dining/Living Room
Additional Property Information
Utilities
  • Heating Description: Central Heat
  • Cooling Description: Central Cooling
  • Cable Available: Yes
Additional Property Information
  • Pets Allowed: No
  • Pets Allowed: No
  • Guest Accommodations: No
  • Num Ceiling Fans: 1
  • Room Count: 0
  • Furnished: Furniture For Sale
  • Interior Features: Other Interior Features
  • Equipment Appliances: Electric Water Heater, Fire Alarm, Microwave, Other Equipment/Appliances, Electric Range, Refrigerator, Smoke Detector
  • Windows Treatment: High Impact Windows
  • Exterior Features: High Impact Doors, Open Balcony
  • Maintenance Includes: All Amenities, Building Exterior, Cable Tv, Common Area, Elevator, Insurance, Laundry Facilities, Other Maintenance Includes, Recreation Facilities, Reserve Fund, Sewer, Trash Removal, Water
  • Amenities: Common Laundry, Community Room, Elevator, Exercise Room, Heated Pool, Library, Pool, Sauna
  • Storm Protection: Complete Impact Glass
Financial Information
Financial Information
  • Type of Association: Condo
  • Assoc Fee Paid Per: Monthly
  • Flood Zone: AE
  • Tax Year: 2023
  • Tax Information: Tax Reflects No Exemptions
  • Special Information: As Is
Rental Information
Rent Information
  • Approval Information: 1-2 Weeks Approval, Application Fee Required, Association Approval Required
Rent Status
  • Other Fees: $150

Property History for 465 Ocean Drive, Unit 507

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 465 Ocean Drive, Unit 507

Taxable ValueLand-Additions-Total-
Tax Record2023$6,416 ($535 / month)
Home Facts
Beds1Total Finished SqFt654 SqFtAbove Grade Finished SqFt654 SqFtStyleCondominiumYear Built1969Zoning4900:MULTI-FACountyMIAMI-DADEAPN02-4203-097-0710

Schools near 465 Ocean Drive, Unit 507

This home is within Miami-Dade.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
South Pointe Elementary School
PublicPK to 5

Nautilus Middle School
Public6 to 8

Robert Morgan Voc-Tech Institute
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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465 Ocean Drive, Unit 507 is a condo for sale in Miami Beach, FL 33139. This property was listed for sale on January 17, 2024 by Elite International Realty Inc, it's currently listed at $498,000. It has been on the market for a total of 102 days and was last sold on August 21, 2019. This listing's school district is Miami-Dade. Nearby schools include South Pointe Elementary School, Air Base K-8 Center for International Education and Nautilus Middle School. 465 Ocean Drive, Unit 507 is a 1-bed, 1-bath, 654 sqft condo built in 1969.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Elite International Realty Inc

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.