NOT LISTED FOR SALE

Royal Atlantic Condo 465 Ocean Dr Unit 925 Miami Beach, FL 33139

South Pointe Neighborhood

Estimated Value: $451,497 - $541,000

-- Bed
1 Bath
570 Sq Ft
$330/mo HOA Fee

Last Sold June 22, 2018

Last sale price $310,000 $544 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $3,556/month

202 Days on Market

Highlights

  • Direct Ocean View
  • Fitness Center
  • Wood Flooring
  • South Pointe Elementary School Rated A-
  • Clubhouse
  • 5-minute walk to Marjory Stoneman Douglas Park

About This Home

As of June 2018

Spectacular direct ocean view apartment in the most desired address in the world! Ocean Drive and 5th. This is your perfect getaway apartment! Easy Beach access, walking distance to all the restaurants, shopping, and the glamorous South Beach night life. Large nicely decorated and remodeled studio. Can easily be converted into a 1 bedroom. Wood floors, updated kitchen and bath. Low maintenance fees, newly renovated building, lobby, gym and pool all with spectacular ocean views. Building allows rentals after 1 year.

Last Agent to Sell the Property

Clara Fortuno

MMLS Assoc.-Inactive Member License #3367964 Listed on: 12/01/2017

Last Buyer's Agent

Gregory Marie

Grand Realty of America, Corp. License #3244427

Grand Realty of America, Corp.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,791

Year Built

  • Built in 1969 | Remodeled

HOA Fees

  • $330 Monthly HOA Fees

Home Design

  • Entry on the 9th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 570 Sq Ft Home
  • Built-In Features
  • Wood Flooring

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Closet Cabinetry
  • 1 Full Bathroom
  • Shower Only

Additional Features

  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-097-1880

Community Details

Overview

  • Mid-Rise Condominium
  • Royal Atlantic Condos
  • Royal Atlantic Condo Subdivision
  • 11-Story Property

Amenities

  • Clubhouse
  • Community Center
  • Party Room
  • Laundry Facilities

Recreation

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Phone Entry
  • Secure Elevator
  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,791

Year Built

Built in 1969 | Remodeled

Lot Details

0

HOA Fees

$330 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1969
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 9
  • 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, Disposal, Microwave, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Built-in Features, Closet Cabinetry
  • Full Bathrooms: 1
  • Flooring: Wood
  • Furnished: Unfurnished
  • Living Area: 570
  • Possible Use: Unknown/Withheld
  • Stories: 11
  • Bedroom Features: Entry Level
  • Master Bathroom Features: Shower Only

Exterior Features

  • View: Ocean View, Direct Ocean
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: Updated/Remodeled
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: ROYAL ATLANTIC
  • Parking Features: None

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Complex Fenced, Elevator Secure, Phone Entry

Condo/Co-op/Association

  • Association Fee: 330
  • Amenities: Clubhouse-Clubroom, Laundry, Community Room, Elevator(s), Exercise Room, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-42-03-097-1880
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No, Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 330

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 4791

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2024
Sold by
Arce Carmen and Arce Salvador E
Bought by
Carmen Arce Family Trust and Salvador Arce Family Trust
Current Estimated Value
$487,374

Purchase Details

Listed on
Dec 1, 2017
Closed on
Jun 20, 2018
Sold by
Houston Lynda E
Bought by
Arce Carmen and Arce Salvador E
Seller's Agent
Clara Fortuno
MMLS Assoc.-Inactive Member
Buyer's Agent
Gregory Marie
Grand Realty of America, Corp.
List Price
$340,000
Sold Price
$310,000
Premium/Discount to List
-$30,000
-8.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.96%

Purchase Details

Closed on
Apr 2, 2010
Sold by
Houston Lynda E
Bought by
Houston Lynda E

Purchase Details

Closed on
Jun 25, 2002
Sold by
Mark O Shawley I
Bought by
Houston Lynda E

Purchase Details

Closed on
Jun 22, 2001
Sold by
Hunworth Inc C
Bought by
Shawley Mark O and Krainess Jeffrey P

Purchase Details

Closed on
Dec 4, 1997
Sold by
Hollum Sandra
Bought by
Hunworth Inc

Purchase Details

Closed on
Mar 20, 1996
Sold by
Brownstein Bernard
Bought by
Hollum Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,000
Interest Rate
6.97%
Source: Public Records

Range of Values:

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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
Carmen Arce Family Trust -- None Listed On Document
Arce Carmen $310,000 Attorney
Houston Lynda E -- None Available
Houston Lynda E $185,000 --
Shawley Mark O $175,000 --
Hunworth Inc $85,000 --
Hollum Sandra $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Houston Lynda E $165,900
Previous Owner Hollum Sandra $21,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2018 06/22/18 Sold $310,000 -5.5% $544 / Sq Ft
05/22/2018 05/22/18 Pending -- -- --
02/20/2018 02/20/18 Price Changed $328,000 -3.5% $575 / Sq Ft
11/01/2017 11/01/17 For Sale $340,000 -- $596 / 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 $7,091 $400,646 -- --
2024 $6,484 $364,224 -- --
2023 $6,484 $331,113 $0 $0
2022 $5,764 $301,012 $0 $0
2021 $5,284 $273,648 $0 $0
2020 $4,816 $248,771 $0 $0
2019 $4,944 $255,150 $0 $0
2018 $4,793 $266,160 $0 $0
2017 $4,791 $225,970 $0 $0
2016 $4,947 $205,428 $0 $0
2015 $4,837 $186,753 $0 $0
2014 $4,010 $169,776 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2018

    Clara Fortuno

    MMLS Assoc.-Inactive Member

  • Gregory Marie

    Buyer's Agent in 2018

    Gregory Marie

    Grand Realty of America, Corp.

    (786) 454-5124

    1 in this area

    12 Total Sales

    Gregory Marie
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About Royal Atlantic Condo

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10381118

MIAMI REALTORS® MLS

APN: 02-4203-097-1880

Florida Miami/Dade County Miami Beach 33139 South Pointe

465 Ocean Dr Unit 925, Miami Beach, FL

This home is located at 465 Ocean Dr Unit 925, Miami Beach, FL 33139 since 01 December 2017 and is currently estimated at $487,374, approximately $855 per square foot. This property was built in 1969. 465 Ocean Dr Unit 925 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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