# Royal Atlantic

As of 2026-10-27, Royal Atlantic in South Beach has 7 units for sale at a median asking price of $525K ($833/sqft); 6 units sold in the last 12 months.

Royal Atlantic is a 25-floor waterfront condominium at 465 Ocean Dr in South Beach's South of Fifth district, built in 1969 with 235 residences.

## Key facts

| | |
|---|---|
| Address | 465 Ocean Dr |
| Neighborhood | South of Fifth, South Beach |
| Year built | 1969 |
| Floors | 25 |
| Units | 235 |
| Waterfront | yes |
| For sale | 7 |
| Pending | 0 |
| Median asking price | $525,000 |
| Median asking $/sqft | $833/sqft |
| Sold, last 12 months | 6 |
| Median sold $/sqft, 12 months | $904/sqft |
| Months of inventory | 14.0 |
| Median HOA | $702/mo |
| Parking | The building offers assigned and covered parking spaces. |

## Own Miami measures

- **own.miami Building Score: 61 (B)**
  - Value: 42 — $833/sqft — vs. South Beach condos, then all of Miami
  - Momentum: 63 — +4.5% $/sqft over 6 months
  - Liquidity: 44 — 14.0 months of supply · 69 days on market
  - Health: 93 — Verified records on file — nothing adverse
  - Waterfront: 90 — Waterfront building
  - Age: 17 — Built 1969 — vs. South Beach buildings
- **Own Miami Condo Index: 123** (above_market; 100 = the market-median building, 200 = twice its $/sqft; rank 233 of 698 tracked Miami condos)
- **Financeability Index: 52** (good; 12-month window, 2 recorded mortgages, 25% of sales bank-financed, lowest down payment 20%, as of 2026-10-31)
- Special-assessment outlook: elevated (next structural milestone inspection due 2034)

## Building health (verified public records)

- Public records checked 2026-10-31
- positive: Bank financing — 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. (2026-10-31)
- info: Special assessment reported as paid — noted on 1 listings (2026-10-16)
- Legal & regulatory: 0 material cases active, 0 disputes active, 2 DBPR complaints (36 months) (2026-09-22)

## Frequently asked questions

**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.

## Related pages

- [South Beach — neighborhood guide](https://own.miami/south-beach)
- [All units for sale at Royal Atlantic](https://own.miami/buildings/royal-atlantic/for-sale)
- [The Decoplage](https://own.miami/buildings/the-decoplage)
- [The Presidential](https://own.miami/buildings/the-presidential)
- [The Strand on Ocean Drive](https://own.miami/buildings/the-strand-on-ocean-drive)
- [Ocean Point](https://own.miami/buildings/ocean-point)

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Source: Own.Miami — https://own.miami · data as of 2026-10-27
Canonical page: https://own.miami/buildings/royal-atlantic
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Methodology: https://own.miami/methodology · For AI assistants: https://own.miami/for-ai