Seller's Agent in 2025
Corrado Colini
Douglas Elliman
(305) 725-5768
23 in this area
61 Total Sales
Royal Atlantic Condo 465 Ocean Dr Unit 516 Miami Beach, FL 33139
South Pointe Neighborhood
1
Bed
1
Bath
645
Sq Ft
$631/ mo
HOA Fee
Highlights
- Ocean Front
- Fitness Center
- Heated Community Pool
- South Pointe Elementary School Rated 9+
- Sauna
- 5-minute walk to Marjory Stoneman Douglas Park
About This Home
As of May 2025This is it! Spectacular 1 bed/1 bath at the Royal Atlantic. Completely gutted & 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/coffee, motorized dual shades, glazed blue porcelain mosaic tile walls in the bathroom with Italian marble arabescato floor, washer/dryer & 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 & sits right on the sand with its own private and complimentary beach service, gym & pool area overlooking the Atlantic Ocean.
Last Agent to Sell the Property
Douglas Elliman License #0655557 Listed on: 07/19/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $8,396
Year Built
- Built in 1969
HOA Fees
- $631 Monthly HOA Fees
Parking
- 1 Car Garage
- Assigned Parking
Home Design
- Entry on the 5th floor
- Concrete Block And Stucco Construction
Interior Spaces
- 645 Sq Ft Home
- Custom Mirrors
- Built-In Features
- Video Cameras
Kitchen
- Electric Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 1 Bedroom
- Walk-In Closet
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Additional Features
- Ocean Front
- East of U.S. Route 1
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 02-42-03-097-0790
Community Details
Overview
- Mid-Rise Condominium
- Royal Atlantic Condos
- Royal Atlantic Condo Subdivision
- 11-Story Property
Amenities
- Sauna
- Community Center
- Party Room
- Laundry Facilities
- Elevator
- Bike Room
Recreation
Pet Policy
- No Pets Allowed
Building Details
Security
- Card or Code Access
- Complex Is Fenced
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 19, 2024
Closed on
May 21, 2025
Sold by
Walpole John Peter and Mangosing Jonathan Aranas
Bought by
Vanessa M Metti Revocable Trust and Lloyd H Wipperman Revocable Trust
Seller's Agent
Corrado Colini
Douglas Elliman
Buyer's Agent
Corrado Colini
Douglas Elliman
List Price
$1,000,000
Sold Price
$840,000
Premium/Discount to List
-$160,000
-16%
Views
76
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$43,401
Avg. Annual Appreciation
-6.05%
Purchase Details
Closed on
Jun 6, 2022
Sold by
Ann Thomas Living Trust and Unrecorded Trust
Bought by
John Peter Walpole and John Jonathan Aranas
Purchase Details
Closed on
Jun 5, 2022
Sold by
Charles Cava Robert and Charles Daniella S
Bought by
Walpole John Peter and Walpole Jonathan T
Purchase Details
Closed on
Dec 13, 2019
Sold by
Thomas Ann
Bought by
Thomas Ann
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 4, 2010
Sold by
Thomas Ann
Bought by
Thomas Ann
Purchase Details
Closed on
Jun 15, 2005
Sold by
Schandler Brad and Thomas Ann
Bought by
Thomas Ann and Cava Robert Charles
Purchase Details
Closed on
Sep 16, 2003
Sold by
Ballien Gloria M
Bought by
Thomas Ann and Cava Robert Charles
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
6.28%
Mortgage Type
Unknown
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $840,000 | None Listed On Document | |
| Warranty Deed | $840,000 | None Listed On Document | |
| Warranty Deed | $299,500 | Rapid Title | |
| Warranty Deed | $299,500 | Rapid Title | |
| Warranty Deed | $299,500 | Rapid Title | |
| Interfamily Deed Transfer | -- | Amrock | |
| Interfamily Deed Transfer | -- | Amrock | |
| Interfamily Deed Transfer | -- | Attorney | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | $285,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $234,000 | New Conventional | |
| Previous Owner | $185,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/23/2025 05/23/25 | Sold | $840,000 | -15.1% | $1,302 / Sq Ft |
| 05/16/2025 05/16/25 | Pending | -- | -- | -- |
| 03/14/2025 03/14/25 | Price Changed | $989,000 | -1.1% | $1,533 / Sq Ft |
| 07/19/2024 07/19/24 | For Sale | $1,000,000 | -- | $1,550 / Sq Ft |
Source: MIAMI REALTORS® MLS
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 | $8,600 | $503,417 | -- | -- |
| 2024 | $8,396 | $457,652 | -- | -- |
| 2023 | $8,396 | $444,322 | $0 | $0 |
| 2022 | $3,419 | $223,678 | $0 | $0 |
| 2021 | $3,393 | $217,164 | $0 | $0 |
| 2020 | $3,347 | $214,166 | $0 | $0 |
| 2019 | $3,257 | $209,351 | $0 | $0 |
| 2018 | $3,082 | $205,448 | $0 | $0 |
| 2017 | $3,045 | $201,223 | $0 | $0 |
| 2016 | $3,030 | $197,085 | $0 | $0 |
| 2015 | $3,067 | $195,715 | $0 | $0 |
| 2014 | $3,118 | $194,162 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Corrado Colini
About Royal Atlantic Condo
Map
Source: MIAMI REALTORS® MLS
MLS Number: A11626588
APN: 02-4203-097-0790
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