Atlantic Luxury Advisors
465 Ocean Dr #512 photo 1465 Ocean Dr #512 photo 2465 Ocean Dr #512 photo 3465 Ocean Dr #512 photo 4465 Ocean Dr #512 photo 5

52 photos

465 Ocean Dr #512

Miami Beach, FL 33139

$515,000
1
1
654 sq ft
1969
1 car
Condominium
$702/mo
Yes
29
Active

Listing courtesy of Miami New Realty (Carlos E Salinas). Contact: [email protected].

About this home

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

What it costs to own
Estimated monthly payment
$4,361/mo
Principal and interest
$2,604
Property tax
$730
Homeowners insurance
$325
HOA
$702

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$8,763/yr

Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

HOA
$702/mo (from the listing)
FEMA flood zone
Zone AE, special flood hazard area

Inside the 1% annual chance floodplain. Lenders require flood insurance on a financed home; ask for the elevation certificate.

Hurricane evacuation zone
Zone B: ordered to evacuate for Category 1 hurricanes and stronger.

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Location

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.