NOT LISTED FOR SALE

Royal Atlantic Condo 465 Ocean Dr Unit 516 Miami Beach, FL 33139

South Pointe Neighborhood

Estimated Value: $579,000 - $785,000

1 Bed
1 Bath
645 Sq Ft
1969 Built

Sale Details

Date Sold: May 23, 2025

Last sale price $840,000 $1,302 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $5,105 / mo

300 Days on Market

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 2025

This 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

Corrado Colini

Douglas Elliman License #0655557 Listed on: 07/19/2024

Douglas Elliman

Last Buyer's Agent

Corrado Colini

Douglas Elliman License #0655557 Listed on: 07/19/2024

Douglas Elliman

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 Community
  • 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

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,396

Year Built

Built in 1969

Lot Details

0 Sq Ft Lot

HOA Fees

$631 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1969
  • Property Sub Type: Condominium
  • Entry Level: 5
  • Garage Yn: Yes
  • 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
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Built-in Features, Custom Mirrors, Other, Walk-In Closet(s)
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Furnished: Unfurnished
  • Living Area: 645
  • Possible Use: Unknown/Withheld
  • Stories: 11
  • Bedroom Features: Other

Exterior Features

  • View: Ocean View, Direct Ocean
  • Exterior Features: East Of Us1, Other
  • Construction Type: CBS Construction
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Royal Atlantic
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, Covered

Utilities

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

Condo/Co-op/Association

  • Association Fee: 631
  • Amenities: Bike Storage, Laundry, Community Room, Elevator(s), Exercise Room, Heated Pool, Pool, Sauna
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-42-03-097-0790

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 8396

Multi Family

  • Maintenance Expense: 631

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2024
Closed on
May 21, 2025
Sold by
Bought by
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
$691,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$148,480
Avg. Annual Appreciation
-15.44%

Purchase Details

Closed on
Jun 6, 2022
Sold by
Bought by

Purchase Details

Closed on
Jun 5, 2022
Sold by
Bought by

Purchase Details

Closed on
Dec 13, 2019
Sold by
Bought by

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
0.036%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 2010
Sold by
Bought by

Purchase Details

Closed on
Jun 15, 2005
Sold by
Bought by

Purchase Details

Closed on
Sep 16, 2003
Sold by
Bought by

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
0.0628%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$840,000 None Listed On Document
$299,500 Rapid Title
$299,500 Rapid Title
-- Amrock
-- Amrock
-- Attorney
-- --
$285,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $234,000
Previous Owner $147,000
Previous Owner $185,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

    Seller's Agent in 2025

    Corrado Colini

    Douglas Elliman

    (305) 725-5768

    23 in this area

    57 Total Sales

    Corrado Colini
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About Royal Atlantic Condo

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11626588

MIAMI REALTORS® MLS

APN: 02-4203-097-0790

Florida Miami/Dade County Miami Beach 33139 South Pointe

465 Ocean Dr Unit 516, Miami Beach, FL

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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