Interior
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 654 sq ft
- Flooring
- Ceramic Tile
- Appliances
- Other
- Cooling
- Central Air
- Heating
- Central
- Interior features
- Other
Active · Condominium
$595,000
465 Ocean Dr 419, Miami Beach, FL 33139
- Beds
- 1
- Baths
- 1
- Living area
- 654 sq ft
- $ / sq ft
- $910/sq ft
- Year built
- 1969
- Lot size
- —
- HOA fee
- $702 Monthly
- Annual tax
- $9,134
About this property
Renovated 1-bedroom, with shower plus separate jacuzzi. Residence showcases classic Art Deco style. The bright Royal Atlantic building tastefully features adjacent Lumas Park’s palm treed northern exposure, with stunning views of ocean, and iconic Ocean Drive. The elevated bedroom design allows from your pillow to see/hear crashing ocean waves, creating a truly rare living experience. Under the elevated bed are 800 cu. ft of storage space. Included is one covered-parking space. This Prime South Beach building with pool, huge deck, and recreation center is located only a few feet from the sand beach. Royal Atlantic at 5th Street and Ocean Dr. is the Art Deco center for dining and entertainment.
Property location
Get Directions465 Ocean Dr 419, Miami Beach, FL 33139
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1969
- Stories
- 11
- Construction
- Block
- Exterior features
- Other
- Pool
- Association
- Waterfront
- Ocean Front
- View
- Ocean
Parking
- Garage spaces
- 1
- Covered spaces
- 1
- Parking features
- Assigned, One Space
HOA, Community & Financials
- Association fee
- $702 Monthly
- Fee inclusions
- Association Management, Amenities, Common Areas, Cable Tv, Insurance, Internet, Legal Accounting, Maintenance Grounds, Parking, Pest Control, Sewer, Water
- Amenities
- Bike Storage, Clubhouse, Fitness Center, Laundry, Pool, Sauna, Vehicle Wash Area
- Security
- Closed Circuit Cameras, Complex Fenced, Key Card Entry
- Pets allowed
- No
- Annual tax
- $9,134
- Subdivision
- ROYAL ATLANTIC CONDO
- County
- Miami-Dade
- Days on market
- 129
- MLS listing ID
- A11952605
- Listing status
- Active
Virtual tour
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Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
-$2,099
- Cap rate
- 1.5%
- Net yield
- 1.5%
- Cash-on-cash return
- -15.1%
- Gross yield
- 5.7%
- Mortgage payment
- $2,821/mo
- Down payment
- $148,750
- Loan amount
- $446,250
- Annual NOI
- $8,657
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.