NOT LISTED FOR SALE

Royal Atlantic Condo 465 Ocean Dr Unit 403 Miami Beach, FL 33139

South Pointe Neighborhood

Estimated Value: $440,239 - $492,000

1 Bed
1 Bath
665 Sq Ft
$615/mo HOA Fee

Last Sold September 07, 2023

Last sale price $440,000 $662 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,804/month

178 Days on Market

About This Home

As of September 2023

Beautifully and tastefully renovated 1 bed / 1 bath at the Royal Atlantic. Excellent floor plan with gres porcellanato floor throughout. Extended balcony with entertaining views of ocean drive.
The Royal Atlantic is perfectly situated, on Ocean Drive in the best area of south beach right South of Fifth. The building sits on the beach and is steps away from the best restaurant, shopping and entertainments. Private access to the beach with complimentary beach service, heated pool and gym.
A true jewel !

Last Agent to Sell the Property

Corrado Colini

Douglas Elliman License #0655557 Listed on: 02/16/2023

Douglas Elliman

Last Buyer's Agent

Luz Abreu

EXP Realty LLC License #3316750

EXP Realty LLC

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,848

Year Built

1969

Lot Details

0

HOA Fees

$615 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1969
  • Property Sub Type: Condominium
  • Entry Level: 4
  • Garage Yn: No
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: ROYAL ATLANTIC CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Ice Maker, Microwave, Electric Range
  • Interior Amenities: Built-in Features
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 665
  • Possible Use: Unknown/Withheld
  • Stories: 11
  • Bedroom Features: Other

Exterior Features

  • View: Other View
  • Exterior Features: East Of Us1, Other
  • Construction Type: CBS Construction
  • Pool Private: No
  • Property Condition: Updated/Remodeled
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Royal Atlantic
  • Parking Features: Other

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Complex Fenced, Card Entry, TV Camera

Condo/Co-op/Association

  • Association Fee: 615
  • Amenities: Bike Storage, Community Room, Exercise Room, Heated Pool, Pool, Sauna, Vehicle Wash Area
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-42-03-097-0420
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4883

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2023
Closed on
Sep 7, 2023
Sold by
Walsh Terrence
Bought by
Durante Elisabeth and Durante Sam
Seller's Agent
Corrado Colini
Douglas Elliman
Buyer's Agent
Luz Abreu
EXP Realty LLC
List Price
$499,000
Sold Price
$440,000
Premium/Discount to List
-$59,000
-11.82%
Views
246
Current Estimated Value
$474,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,060
Avg. Annual Appreciation
7.08%

Purchase Details

Listed on
Dec 10, 2015
Closed on
Apr 20, 2016
Sold by
Cognata Dominick
Bought by
Walsh Terrence
Seller's Agent
Corrado Colini
Douglas Elliman
Buyer's Agent
Kathy Diamond
Universal Realty Services, Inc
List Price
$320,000
Sold Price
$279,000
Premium/Discount to List
-$41,000
-12.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.39%
Original Mortgage
$209,250
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2006
Sold by
Varano Anthony J and Varano Gloria M
Bought by
Cognata Dominick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
7.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 1994
Sold by
Fox Mitchel and Edelman Sandra
Bought by
Varano Anthony J and Varano Gloria M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
7.2%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Durante Elisabeth $440,000 None Listed On Document
Walsh Terrence $279,000 Nu World Title
Cognata Dominick $330,000 Treasure Cove Title Svcs Inc
Varano Anthony J $108,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Walsh Terrence $52,862
Previous Owner Walsh Terrence $209,250
Previous Owner Cognata Dominick $256,200
Previous Owner Cognata Dominick $284,000
Previous Owner Cognata Dominick $264,000
Previous Owner Varano Anthony J $86,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2023 09/07/23 Sold $440,000 -2.0% $662 / Sq Ft
08/14/2023 08/14/23 Pending -- -- --
05/23/2023 05/23/23 Price Changed $449,000 -10.0% $675 / Sq Ft
02/16/2023 02/16/23 For Sale $499,000 +78.9% $750 / Sq Ft
05/03/2016 05/03/16 Sold $279,000 -3.8% $420 / Sq Ft
03/24/2016 03/24/16 Pending -- -- --
02/26/2016 02/26/16 Price Changed $290,000 -3.3% $436 / Sq Ft
01/06/2016 01/06/16 Price Changed $299,999 -3.2% $451 / Sq Ft
01/05/2016 01/05/16 Price Changed $310,000 -3.1% $466 / Sq Ft
12/10/2015 12/10/15 For Sale $320,000 -- $481 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,848 $309,748 -- --
2024 $5,083 $364,409 -- --
2023 $5,083 $310,122 $0 $0
2022 $4,883 $301,090 $0 $0
2021 $5,012 $259,560 $0 $0
2020 $5,583 $288,400 $0 $0
2019 $5,220 $280,000 $0 $0
2018 $4,703 $269,650 $0 $0
2017 $4,141 $217,460 $0 $0
2016 $4,474 $226,650 $0 $0
2015 $4,313 $206,046 $0 $0
2014 $4,107 $187,315 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Corrado Colini

    Seller's Agent in 2023

    Corrado Colini

    Douglas Elliman

    (305) 725-5768

    21 in this area

    55 Total Sales

    Section Image
  • Luz Abreu

    Buyer's Agent in 2023

    Luz Abreu

    EXP Realty LLC

    (754) 229-7400

    1 in this area

    74 Total Sales

    Section Image
  • Kathy Diamond

    Buyer's Agent in 2016

    Kathy Diamond

    Universal Realty Services, Inc

    (305) 858-6892

    34 Total Sales

    Section Image
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About Royal Atlantic Condo

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11343494

MIAMI REALTORS® MLS

APN: 02-4203-097-0420

Florida Miami/Dade County Miami Beach 33139 South Pointe

465 Ocean Dr Unit 403, Miami Beach, FL

This home is located at 465 Ocean Dr Unit 403, Miami Beach, FL 33139 since 16 February 2023 and is currently estimated at $474,060, approximately $712 per square foot. This property was built in 1969. 465 Ocean Dr Unit 403 is a home located in Miami-Dade County with nearby schools including South Pointe Elementary School, Nautilus Middle School, and Miami Beach Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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