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Condominium at 465 Ocean Dr # 419, Miami Beach FL 33139Active
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Waterfront · Condominium
$595,000$910 / sqft

465 Ocean Dr # 419, Miami Beach FL 33139

1
Bedrooms
1
Bathrooms
654 sqft
Interior
1969
Year built
$702 / mo
HOA
Condominium
Type

About this home

Renovated 1-bedroom, with shower plus separate jacuzzi. Residence showcases classic Art Deco style. The bright Royal Atlantic building tastefully features adjacent Lumas Park’s palm treed northern exposure, with stunning views of ocean, and iconic Ocean Drive. The elevated bedroom design allows from your pillow to see/hear crashing ocean waves, creating a truly rare living experience. Under the elevated bed are 800 cu. ft of storage space. Included is one covered-parking space. This Prime South Beach building with pool, huge deck, and recreation center is located only a few feet from the sand beach. Royal Atlantic at 5th Street and Ocean Dr. is the Art Deco center for dining and entertainment.

Features

  • Other
  • East Of Us1
  • Ocean View

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$3,711

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$3,009
HOA
$702 / mo

Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
Douglas Elliman

Run the numbers

We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.

Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management

Cap rate
Cash-on-cash
Monthly cash flow
Net operating income

Enter rent, property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.

Illustration only — not a loan offer, quote, or investment advice. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.

Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.