Stay informed on Miami condo trends
What we cover
465 OCEAN DR, Miami Beach 33139
1969
Year Built
236
Units
CI Score
Moderate
6
For Sale
$545K
Avg Price
$1,018
Sale $/SF
—
For Rent
—
Avg Rent
$3.74
Rent $/SF
+8.9%
YoY
For Sale
6
For Rent
0
Investor-Owned
80%
Avg HOA
$702/mo
Royal Atlantic is a 236-unit premium residential building located on Ocean Drive in South Beach, Miami Beach, offering direct oceanfront access in one of Miami's most iconic neighborhoods. Built in 1969, the building features a range of unit sizes from studios to 2-bedroom residences, catering to both owner-occupants and investors. With an average price point of $1,018/SF and rental rates averaging $2,457/month, Royal Atlantic represents the established luxury market on Miami Beach's most famous thoroughfare.
Address
465 OCEAN DR, Miami Beach, 33139
Neighborhood
South Beach
Year Built
1969
Total Units
236
Avg Unit Sqft
657 SF
Tier
Luxury
Avg $/SF
$1,018.04
Rent $/SF
$3.74/SF
HOA Range
$702 – $702
Neighborhood Rank
Top 4%
Avg Unit Value
$485K
Total Sales (All-Time)
825
Amenities
Sale Price Trend ($/SF)
$1,018
Rental Price Trend ($/SF)
$0.00
Building Activity
Days on Market
181
days
Sitting longer
Months of Inventory
28.0
months
Buyer's market
Sale-to-List Ratio
95.8%
Fair negotiation
Price Reductions
100%
of listings
Many price cuts
Closed Sales (120d)
1
transactions
Low volume
Active Listings
For Sale (6)
$450K
Unit 804
$470K
$499K
$545K
Unit 524
$595K
$695K
Unit 1102Recent Sales
| Date | Price | $/SF | Bed/Bath | SF |
|---|---|---|---|---|
| Dec 18, 2025 | $790K | $1,018.04 | 1/1 | 776 |
| Oct 9, 2025 | $600K | $917.43 | 1/1 | 654 |
| Oct 1, 2025 | $600K | $917.43 | 1/1 | 654 |
| Sep 4, 2025 | $320K | $489.3 | 1/1 | 654 |
| Sep 4, 2025 | $800K |
Total Units
236
Avg Sqft
657 SF
Avg Assessed
$418K
Owner-Occupied
20%
Tax & Ownership
Investor-Owned
80%
Owner-Occupied
20%
Avg Assessed Value
$418K
Avg Taxable Value
$405K
Effective Year Built
1969
Zoning
4900
Unit Mix
Avg 481 SF
Avg 665 SF
Avg 1,279 SF
Unit Directory
Showing 10 of 236 units| Unit | Beds | Baths | SF | Assessed | Owner | Last Sale | $/SF | Sale Date |
|---|---|---|---|---|---|---|---|---|
| — | — | — | — | — | — | — | — | — |
| 207 | 1 | 1 | 654 | $395K | — | $320K | $489 | Sep 2025 |
| 208 | 1 | 1 | 645 | $462K | — | $550K | $853 | Jun 2022 |
| 209 | 1 | 1 | 654 | $469K | — | $205K | $313 | Jul 2008 |
| 210 | 1 | 1 | 654 | $469K | — | $357K | $546 | Dec 2022 |
| 211 | 1 | 1 | 645 | $462K | — | $221K | $343 | Dec 2011 |
| 212 | 1 | 1 | 654 | $353K | — | $83K | $126 | Jun 1993 |
| 214 | 1 | 1 | 654 | $465K | — | $372K | $569 | Feb 2015 |
| 218 | 0 | 1 | 418 | $174K | ✓ | $170K | $407 | Nov 2007 |
| 219 | 1 | 1 | 654 | $411K | ✓ | $346K | $529 | Jan 2021 |
Be the first to know when a unit in ROYAL ATLANTIC hits the market — for sale or rent.
Neighborhood
South Beach →
View all buildings in this area
Building Snapshot
| $1,240.31 |
| 1/1 |
| 645 |
| Sep 4, 2025 | $1.6M | $1,231.72 | 2/2 | 1,299 |
| Sep 3, 2025 | $800K | $1,223.24 | 1/1 | 654 |
| Jul 25, 2025 | $410K | $616.54 | 1/1 | 665 |
| Jun 16, 2025 | $476K | $680 | 1/1 | 700 |
| Jun 6, 2025 | $476K | $680 | 1/1 | 700 |