4 months on rocket

465 Ocean Dr Unit 516, Miami Beach, FL, 33139

$1,000,000

Home List Price

$10,000*

Closing Credit

1 Bedroom
1 Full Bath
645 SqFt
$1,550/SqFt
Condo

Location

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465 Ocean Dr Unit 516, Miami Beach$1,000,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Covered, One Space
Garage1 space
Year Built1969
HeatingCentral
CoolingCentral Air
WaterfrontOcean Front
ViewOcean
MLS #A11626588
StatusActive

About 465 Ocean Dr Unit 516

This is it ! Spectacular 1 bed/1 bath at the Royal Atlantic. Completely gutted and totally renovated DIRECT OCEAN VIEW apartment in the best area of South Beach SOFI. Prestigious Italian Gres porcellanato floors, Italian custom made kitchen cabinets, Fulgor Milano appliances, Tay Mahal quartzite countertop, Insinkerator instant hot water dispenser for tea or coffe, motorized dual shades, glazed blue porcelain mosaic tile walls in the bathroom with Italian marble arabescato floor...and many other details to mention. Amazing wide views of the beach and ocean. The Royal Atlantic is perfectly located in the sofi area with all the best restaurants walking distance and sits right on the sand with its own private and complimentary beach service, gym and pool area overlooking the Atlantic Ocean.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1969
  • Living Area: 645 SqFt

Listing Office:

  • Office Name: Douglas Elliman
  • Office Phone: (305) 677-5000
  • Listing Agent: Corrado Colini

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Interior: Built-in Features, Custom Mirrors, Other, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Waterfront: Ocean Front
  • View: Ocean
  • Exterior: Other

Parking Information:

  • Garage Space: 1 space
  • Parking: Assigned, Covered, One Space

Virtual/3D Tour

  • Virtual Tour: 465 Ocean Dr Unit 516
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Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,000,000
  • Price Per SqFt: $1,550/SqFt

HOA Fees:

  • Amount: $631
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Miami Beach, FL.

Med. Sold Price

$604.5K

Med. Price/SqFt

$600

Avg. Days On Market

101

# of Sold Homes

92

465 Ocean Dr Unit 516 vs Miami Beach

126 DAYS ON ROCKET

+25 Days

$1,000,000

+$395.4K More

$1,550/SqFt

+$949 More

KEY TAKEAWAY

This property is $395.4K more than the Median Sold Price and $949/SqFt more than other homes in Miami Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11626588

Listing Office:

  • Office Name: Douglas Elliman
  • Office Phone: (305) 677-5000
  • Listing Agent: Corrado Colini

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 2:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$5,689

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,065

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-785423
6
/10
  • South Pointe Elementary School

  • 1050 4th St

  • 0.49 miles

  • Public District Grades PK-5

school-card-donut-785424
5
/10
  • Fienberg/Fisher K-8 Center

  • 1420 Washington Ave

  • 0.80 miles

  • Public District Grades PK-5

school-card-donut-785425
8
/10
  • North Beach Elementary School

  • 4100 Prairie Ave

  • 2.75 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,888. The majority of Miami Beach, FL residents have income less than $35k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 465 Ocean Dr Unit 516

What is the listing price of this property?

The listing price of 465 Ocean Dr Unit 516 property is $1,000,000.

What type of property is this?

The property 465 Ocean Dr Unit 516 is a condo located in Miami Beach, Florida, 33139.

Is this property for sale now?

Active Listing: 465 Ocean Dr Unit 516 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 465 Ocean Dr Unit 516 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 465 Ocean Dr Unit 516 is 645 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 465 Ocean Dr Unit 516 is 1969.

Rocket HomesFloridaMiami-Dade CountyMiami Beach33139465 Ocean Dr Unit 516

This home is located at 465 Ocean Dr Unit 516 in Miami Beach, FL and zip code 33139 in the South Point neighborhood. This 645 square foot home was built in 1969. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since July 20, 2024 and is currently priced at $1,000,000.

In October 2024, from all listings sold in Miami Beach, FL there were more than 6 sold above asking price, over 77 sold below and more than 9 were sold right at the asked price. Between September 2024 and October 2024, Miami Beach, FL real estate market has seen increase in the number of listings by 15.1%. While the average time on the market in October 2024 was 101 days, the median list price was $604,583.

From Rocket Homes Real Estate and based on county public records data.

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