Home » Miami Beach » Royal Atlantic at 465 Ocean Dr Miami Beach » 465 NE Ocean Dr 524, Miami Beach, FL 33139 | A11610654

465 NE Ocean Dr 524, Miami Beach, FL 33139 | For Sale

$550,000
Price has decreased by $20,000

Property Highlights

Listing ID A11610654 Status of this Listing: Active For Sale Property Type Residential Condominium 1 Bedrooms 1 Bathrooms Total 1 Full Bath Living Space 654 Sqft/60.76 m2 approx. Building Area 654 Sqft/60.76 m2 approx. POOL Year Built 1969 Waterfront Lease Term Minimum Duration: 365 What it means?Refers to a regulation set by the property association, stipulating that each rental agreement for the property must be for a duration of at least 365 days. This rule ensures that every time the property is rented out, the lease term cannot be shorter than the specified minimum period. Time of this property on Rebonus 92 Day(s)
34 Photos of this Property

465 NE Ocean Dr 524, Miami Beach, FL 33139

Property Description: Just REDUCED!! Beautiful view of the ocean, Lumus Park, and the bustling streets of South Beach. Conveniently located with easy access to Expressway, enjoy breathtaking sunrises and nightlife, with restaurants within walking distance. Cable and wifi included. Saunas and direct access to the beach where lounge chairs and umbrella are complimentary. Ocean view Gym. Close to Miami Cruise terminal. Lease allowed after the first year of ownership and once in a lifetime. The building is in the process of the 40 years recertification. Paid by Seller. The seller is offering to contribute 1% towards discount points for the buyer 's loan. Don 't miss out on this opportunity to live in one of the most sought-after locations in South Beach. Contact us today to schedule a viewing.

Useful Info

Previous Asking Price:$570,000
Original List Price:$570,000
If Bank REO, Short Sale, As Is, etc.:
  • Listed As-is
More Listings Same Building:Royal Atlantic at 465 Ocean Dr Miami Beach

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Architectural Style:
  • High Rise
Entry Level (floor):5
Entry Level Location:5
Construction Materials:
  • Block
Flooring:
  • Ceramic Tile
Number of stories:16

Property Features

Has View:Yes
View from the Property:
  • Water
Waterfront:Yes
Waterfront Features:
  • Ocean Access
  • Ocean Front
Swimming Pool Features:
  • Heated
Security:
  • Key Card Entry
  • Elevator Secured
  • Complex Fenced
Accessibility Features:
  • Accessible Elevator Installed
Appliances:
  • Dishwasher
  • Refrigerator
  • Electric Range
Interior Features:
  • Living/dining Room
  • First Floor Entry
  • Bedroom On Main Level
Exterior Features:
  • Fence
Laundry Features:
  • Common Area
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central
Building Features:
  • Exterior Lighting
Property Entrance Faces:
  • Northeast

Taxes and Expenses

Tax Annual Amount:$7,480

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2023
Association Fee:$626
Association Fee Frequency:
  • Monthly
Property Tax Status:Tax Reflects No Exemptions

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Vacant
Buyer Possession:
  • Closing & Funding
  • Close Of Escrow
Lease Considered:No

Community

Pets Allowed?:
  • Size Limit (There are size restrictions on allowed pets)
  • Yes
Amenities Provided by the Homeowner's Association (HOA):
  • Hobby Room
  • Pool
  • Clubhouse
  • Laundry
  • Elevator(s)
  • Fitness Center
Subdivision Name:ROYAL ATLANTIC CONDO
Association Fee Includes:
  • Sewer
  • Water
  • Trash
  • Pool(s)
  • Security
  • Maintenance Structure
  • Common Areas
  • Parking
  • Reserve Fund
  • Recreation Facilities
  • Amenities
  • Laundry
Complex Name:Royal Atlantic Condo
Senior Community:No
Development Name:Royal Atlantic Condo
Restrictions: Exterior Alterations, No Recreational Vehicles RV, No Truck, Okay to Lease within 1st Year of Ownership, See Remarks

Parking

Garage:Yes
Garage Spaces:1
Covered Spaces:1
Attached Garage:Yes
Parking Features:
  • One Space
  • Garage
  • Attached
  • On Street

Utilities

Utilities Available:
  • Cable Available

More Details

Other Information:
Unit View: Water View
Housing Older Persons Act: No HOPA
Unit Design: East Of Us1,High Rise
Type of Association: Condo
Minimum Number of Days for Lease: 365
Type of Governing Bodies: Condominium
Pet Fee: 0
Tax Information: Tax Reflects No Exemptions
Number of times allowed to lease per year: 1
Flood Zone : AE
Homeowner's Association Application Fee: 150
Style: Condo 5+ Stories
FEMA Flood Zone Designations: AE
Municipal Code: 2
Subdivision Number: 97
Water Access Description:Deeded Beach Access

Zoning and Legal

Tax Legal Description:ROYAL ATLANTIC CONDO UNIT 524 FIFTH FLOOR UNDIV .004019% INT IN COMMON ELEMENTS CLERKS FILE 69R-162432 OR 18645-4027 0699 1 COC 22962-1942 1
Real Estate Folio Number (Parcel Number):02-42-03-097-0870
Public Survey Township:2
Public Survey Range:42
Public Survey Section:3

Listing History

Update/EventDate/Days
Published Date:June 20, 2024 6:59 pm
On Market Date:June 20, 2024
Price Change Date Time:July 26, 2024 8:12 pm
Last Important Update Description:Price Change
Date and Time of Last Important Update:July 26, 2024 8:12 pm
Status Last Changed:June 20, 2024 6:59 pm
Photos Last Modified:August 13, 2024 2:31 pm
Last Modified:August 13, 2024 2:25 pm
Days on the Market Reference Date:August 13, 2024
Days on the Market (updated on Last Modified*):54
Cumulative Days on the Market (updated on Last Modified**):368

Additional Information

Unit Location:East Of Us1,High Rise
Number of Photos Count:34
Area:42
Ref ID:1076675255
Courtesy of:Miami Rent-Sell Property Mngmt
Universal Property Id:US-12025-N-0242030970870-R-N

Location

Show Property Address:Yes
Street Name:Ocean Dr
Street Number:465
Street Direction Prefix:NE
Street Address:465 NE Ocean Dr 524
Unit Number:524
City : Miami Beach
State : Florida
Zip Code : 33139
County : Miami-Dade County
Full Address:465 NE Ocean Dr 524, Miami Beach, FL 33139
Latitude:N25° 46' 27.9''
Longitude:W81° 52' 7''

Neighborhood

Postal City:Miami Beach

Property Map

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