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Own South Beach · South of Fifth
Royal Atlantic
465 Ocean Dr · Built 1969 · 25 floors · 235 residences
For sale
7
0 pending · 14.0 mo supply
Median asking
$525K
from $480K
Median $/sqft
$833/sqft
$904/sqft sold, 12 mo
Days on market
69
112 to sell · 6 in 12 mo
Royal Atlantic stands on the water at 465 Ocean Dr in the South of Fifth district of South Beach. The 1969 tower has 25 floors and 235 condominium units. The building is in FEMA flood zone AE, part of the Special Flood Hazard Area, where FEMA maps a 1% yearly chance of flooding and lenders require flood insurance on federally backed or federally regulated mortgages. The lowest street next to the building is 5.9 ft above the highest tide predicted for 2026 at Virginia Key, and the building sits in Miami-Dade hurricane evacuation zone B.
Regulated lenders have financed purchases here in the last two years, and the financeability index is 51 of 100, in the good tier. The Miami-Dade Clerk recorded 7 resale deeds in the 12 months to October 21, 2026. On the 2025 tax roll, 20% of units carry a homestead exemption and 14% are owned by a company or trust.
The nearest Publix is 890 m (about 0.6 miles) away in a straight line.
Live near more of Miami
What surrounds Royal Atlantic: seasonal events, annual programs and lifestyle indexes, measured from the building.
Publix IndexLive now
58 / 100
Nearest Publix: Publix at Fifth & Alton, 0.6 mi
#88 in South Beach · #312 in Miami
Close enough for a weeknight run, far enough to feel virtuous.
1 Publix stores nearby
Distances are straight-line, not walking or driving.
Getting around
South Beach is a walkable urban neighborhood. Transit, parks, dining and landmarks within reach:
Ocean DriveLincoln RoadSouth Pointe ParkMiami Beach BoardwalkEspañola Way
61
/ 100
B
own.miami Score
A data-grounded score for Royal Atlantic from live market data — value, momentum, liquidity, building health, waterfront and age. Computed, not opinion.
Value42
$833/sqft — vs. South Beach condos, then all of Miami
Momentum63
+4.5% $/sqft over 6 months
Liquidity44
14.0 months of supply · 69 days on market
Health93
Verified records on file — nothing adverse
Waterfront90
Waterfront building
Age17
Built 1969 — vs. South Beach buildings
own.miami Condo Index
123Above market100 = the median Miami condo building's price per sq ft; 200 = twice it.
Rank
#233 of 698 tracked Miami condos
Top 33% by price per sq ft
#44 of 121 in South Beach
Momentum
↑ Rising
$833/sqft median ask
Liquidity
Balanced
The stacks
4 lines · modeled from 28 salesCondos repeat vertically — each “line” is a stack of near-identical units up the tower. We reconstruct Royal Atlantic’s lines from its sale history: the floorplan, the view, and how $/sqft climbs with the floor. The best value is the -20 line.
| Line | Layout | Size | View | $/sqft | Per floor | Low→high floor | Sales |
|---|---|---|---|---|---|---|---|
| -18 | Studio · 1 ba | 418 sqft | Ocean ViewWaterfront | $1,077/sqft | — | — | 2 |
| -19 | 1 bd · 1 ba | 654 sqft | Ocean ViewWaterfront | $916/sqft | — | — | 2 |
| -20Best value | 1 bd · 1 ba | 645 sqft | Ocean ViewWaterfront | $845/sqft | +$91 | $616/sqft → $1,348/sqft | 4 |
| -24 | 1 bd · 1 ba | 654 sqft | Ocean ViewWaterfront | $917/sqft | — | — | 3 |
Modeled from Royal Atlantic’s past listings and sales — a guide to the building’s layouts and floor premiums, not an official floor plan. “Per floor” is the average $/sqft change per floor up the stack.
What’s a unit here worth?
Pick a line and a floor — we estimate the value from Royal Atlantic’s own sales history.
Estimated value
$1,046,000
$945,000–$1,147,000 · $1,622/sqft
Moderate confidence · 4 sales
Estimate only — not an appraisal. It reflects the line and floor, not a specific unit’s condition, renovations or view obstructions.
Want the inside track on Royal Atlantic?
Get new listings here before the portals, and a straight answer from someone who knows the building.
Inventory
$495,000$1,184/sqft
0 bd · 1 ba · 418 sqft
465 Ocean Dr #718
Listing courtesy of Douglas Elliman, Corrado Colini (Lic. #0655557) · MLS #A12100463
$479,900$734/sqft
1 bd · 1 ba · 654 sqft
465 Ocean Dr #512
Listing courtesy of Miami New Realty, Carlos E Salinas (Lic. #3211282) · MLS #A12074288
$525,000$800/sqft
1 bd · 1 ba · 656 sqft
465 Ocean Dr #604
Listing courtesy of BHHS EWM Realty, Maria Vina Rodriguez (Lic. #3246188) · MLS #A12063033
$545,000$845/sqft
1 bd · 1 ba · 645 sqft
465 OCEAN Drive #320
Listing courtesy of Savvy Avenue, LLC, Moe Mossa (Lic. #3432985) · MLS #B26058199
$485,000$729/sqft
1 bd · 1 ba · 665 sqft
465 Ocean Dr #303
Listing courtesy of Douglas Elliman, Corrado Colini (Lic. #0655557) · MLS #A12060022
$545,000$833/sqft
1 bd · 1 ba · 654 sqft
465 Ocean Dr #1009
Listing courtesy of Douglas Elliman, Corrado Colini (Lic. #0655557) · MLS #A12040022
$595,000$910/sqft
1 bd · 1 ba · 654 sqft
465 Ocean Dr #419
Listing courtesy of Douglas Elliman, Corrado Colini (Lic. #0655557) · MLS #A11952605
Sold $/sqft trend
3-month rolling median of closed sales in Royal Atlantic; bars are closings per month.
Location
Nearby buildings within half a mile.
Building facts
- Address
- 465 Ocean Dr
- Year built
- 1969
- Floors
- 25
- Residences
- 235
- Waterfront
- Yes
Amenities
- · Pool
- · Fitness center
- · Sauna
- · Party/social room
- · Beach access
- · Beach service
- · Sundeck
- · Bike storage
Building rules
- Parking
- The building offers assigned and covered parking spaces.
Special assessments & recertification outlook
ElevatedPublic records checked Oct 31, 2026 (Miami-Dade Clerk, civil docket, Florida DBPR).
Verified records
- PositiveBank financingOct 31, 2026
Regulated lenders recorded 2 purchase or refinance loans on this building in the last 12 months, financing 25% of its recorded sales, and accepted a down payment as low as 20%. A bank writing a condominium loan has just checked the building's reserves, insurance, litigation and owner-occupancy against its own standards — verified due diligence, read from the public record. Financeability Index 52/100.
Source: Miami-Dade Clerk official records
- InfoSpecial assessment reported as paid — noted on 1 listingsOct 16, 2026
Source: MLS listing remarks
- Built 1969 — past its first structural milestone; next inspection around 2034
Estimated from Royal Atlantic’s age and signals in active listings — not an official inspection or reserve report. Always verify the building’s milestone-inspection status and reserves with the association before buying.
Financeability
What the banks say about Royal Atlantic: recorded purchase mortgages, the down payments they accepted, and the programmes in use.
Regulated lenders are writing purchase loans here at ordinary down payments — their due diligence on reserves, insurance and litigation, verified by the public record.
- Mortgages recorded, 12 months
- 2
- 2 from banks and credit unions · purchases and refinances
- Sales bank-financed
- 25%
- 8 recorded sales, 12 months · Resales only
- Average down payment
- 27.2%
- Lowest down payment accepted
- 20%
Loan programmes, 24 months:Conventional 2
High confidence · As of 2026-10-31
Source: Miami-Dade County official records and the FHA/VA approval lists. Aggregates only; individual instruments are never shown. Compare with South Beach
Flooding and storm surge
Public flood data at this building’s location, read Oct 22, 2026.
- FEMA flood zone
- Zone AE: high-risk area. FEMA maps a 1% yearly chance of flooding here.
- Base flood elevation on the map: 8.0 ft (NGVD29).
- Hurricane evacuation zone
- Zone B
- Miami-Dade storm surge planning zones run from A (called first) to E. The county decides which zones evacuate in a storm.
- Ground at the building
- 7.3 ft
- Lowest nearby street
- 6.9 ft
- Highest predicted tide, 2026
- 1.0 ft
Elevations in feet above the NAVD88 datum.
The lowest street next to this building sits 5.9 ft above this year’s highest predicted tide (Oct 27, 2026).
Estimated from public data, not a flood determination. Check the FEMA flood map and an elevation certificate for this building.
Legal & Regulatory
No material litigation foundCivil court cases involving the condominium association, classified by what they are about. Routine collections against individual owners are counted separately and do not affect the building’s standing.
- Active material lawsuits
- 0
- Owner / association disputes
- 0
- Routine collection cases
- 0
- DBPR complaints
- 2
- Open DBPR complaints
- 0
- Contractor / vendor disputeClosedassociation as defendant · Filed Mar 2024
A mechanical services company filed a contract and indebtedness claim against the association. The case was subsequently dismissed following a settlement agreement. 04/2024
Source: Miami-Dade Clerk civil docket, summarized by own.miami
No civil cases involving the association were found on the Miami-Dade docket in the last five years.
DBPR registration PR1S016875 · Approved,Recorded. Public complaints on record with the Florida Division of Condominiums; investigations are confidential and not counted.
Court records are matched to the association by name and summarized by us; a case is a claim, not a finding. Ask the association for its litigation disclosure before buying.
Frequently asked
How much do condos at Royal Atlantic cost?+
There are 7 condos for sale at Royal Atlantic, from $479,900, with a median asking price of $525,000 ($833/sqft).
How much are the HOA fees at Royal Atlantic?+
HOA / maintenance fees at Royal Atlantic run around $702 per month among units currently for sale; the exact fee varies by unit size and line, so confirm the current amount with the listing or the condo association.
Is Royal Atlantic a waterfront building?+
Yes — Royal Atlantic is a waterfront building (South Beach).
When was Royal Atlantic built?+
Royal Atlantic was built in 1969, 25 stories, 235 residences.
Stay ahead
Interested in Royal Atlantic?
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If you like Royal Atlantic, compare
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The Strand on Ocean Drive
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9 for salefrom $250K$747/sqft
Ocean Point
345 Ocean Dr · 1970 · 17 floors
7 for salefrom $395K$726/sqft
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