3 months on rocket

465 Ocean Dr Unit 507, Miami Beach, FL, 33139

$498,000

Home List Price

$5,914*

Closing Credit

1 Bedroom
1 Full Bath
654 SqFt
$761/SqFt
Condo
Schools Nearby

Location

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465 Ocean Dr Unit 507, Miami Beach$498,000

Buyer Closing Credits

$5,914*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Attached, Covered, Garage, One Space
Attached Garage1 space
Year Built1969
HeatingCentral
CoolingCentral Air
WaterfrontOcean Access, Ocean Front
ViewOcean, Other
MLS #A11516107
StatusActive

About 465 Ocean Dr Unit 507

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.

Property Details

Property Features

Property Information:

  • Year Built: 1969
  • Living Area: 654 SqFt

Listing Office:

  • Office Name: Elite International Realty Inc
  • Office Phone: (305) 940-6611
  • Listing Agent: Clarissa Valdivia

Interior Features

Interior Information:

  • Appliances: Electric Range, Electric Water Heater, Microwave, Other, Refrigerator
  • Flooring Type: Tile
  • Interior: Bedroom on Main Level, Living/Dining Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Waterfront: Ocean Access, Ocean Front
  • View: Ocean, Other
  • Exterior: Balcony, Security/High Impact Doors

Parking Information:

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

Virtual/3D Tour

  • Virtual Tour: 465 Ocean Dr Unit 507

Virtual Tour

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Miami Beach Senior High School, Public District Grades 9-12
  • Nautilus Middle School, Public District Grades 6-8
  • South Pointe Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $498,000
  • Price Per SqFt: $761/SqFt

HOA Fees:

  • Amount: $615
  • Frequency: Monthly
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Housing Market Comparison

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

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Miami Beach, FL

City

Med. Sold Price

$590.2K

Med. Price/SqFt

$580

Avg. Days On Market

89

# of Sold Homes

163

465 Ocean Dr Unit 507 vs Miami Beach

105 DAYS ON ROCKET

+16 Days

$498,000

-$92.2K Less

$761/SqFt

+$180 More

KEY TAKEAWAY

This property is $92.2K less than the Median Sold Price and $180/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: #A11516107

Listing Office:

  • Office Name: Elite International Realty Inc
  • Office Phone: (305) 940-6611
  • Listing Agent: Clarissa Valdivia

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: 5/2/2024, 11:25:18 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

$3,168

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,560

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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.

Elementary School

school-card-donut-4705517
6
/10

  • South Pointe Elementary School

  • 1050 4th St

  • 0.50 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4705518
5
/10

  • Nautilus Middle School

  • 4301 N Michigan Ave

  • 2.87 miles

  • Public District Grades 6-8

High School

school-card-donut-4705519
5
/10

  • Miami Beach Senior High School

  • 2231 Prairie Ave

  • 1.71 miles

  • Public District Grades 9-12

All data from GreatSchools

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. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 465 Ocean Dr Unit 507

What is the listing price of this property?

The listing price of 465 Ocean Dr Unit 507 property is $498,000.

What type of property is this?

The property 465 Ocean Dr Unit 507 is a condo located in Miami Beach, Florida, 33139.

Is this property for sale now?

Active Listing: 465 Ocean Dr Unit 507 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 465 Ocean Dr Unit 507 are:
South Pointe Elementary School: GreatSchools Rating 6/10
Nautilus Middle School: GreatSchools Rating 5/10
Miami Beach Senior High School: GreatSchools Rating 5/10

How many bedrooms and bathrooms does this property have?

The property at 465 Ocean Dr Unit 507 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 465 Ocean Dr Unit 507 is 654 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 465 Ocean Dr Unit 507 is 1969.

Rocket Homes›Florida›Miami-Dade County›Miami Beach›33139›465 Ocean Dr Unit 507

This home is located at 465 Ocean Dr Unit 507 in Miami Beach, FL and zip code 33139 in the South Point neighborhood. This 654 square foot home was built in 1969. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since January 17, 2024 and is currently priced at $498,000.

Over 8 listings were sold over their listed price in April 2024 in Miami Beach, FL. In the same period over 140 listings were sold below the listed price and 15 listings were sold for the listed price. The number of homes for sale in Miami Beach, FL increased by 5.8% between March 2024 and April 2024. In April 2024 median list price was $590,290 and the average listing age was 89 days.

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

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