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Condominium at 465 Ocean Dr # 604, Miami Beach FL 33139Active
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Waterfront · Condominium
$525,000$800 / sqft

465 Ocean Dr # 604, Miami Beach FL 33139

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

About this home

Dreaming of an oceanfront property? Wake up to this lovely 1-bed 1-bath apartment on the famous Ocean Drive. Steps from the sand with direct beach access and adjacent to renowned Lummus Park. This unit features an open kitchen-and-living-room floor plan that opens to an oversized balcony with captivating views of Ocean Drive. Amenities include a pool, a fully equipped fitness center overlooking the Atlantic Ocean, a sauna, a party room, and secure direct access to the beach. Enjoy walking to renowned restaurants, cafés, shopping, nightlife, all from one of the most sought-after locations in South Florida. Whether you're searching for a full-time residence, a vacation retreat, or an investment in one of Miami Beach's most iconic locations, this residence offers the ultimate blend of location convenience and coastal lifestyle. Unit #604 does not have a parking space in the building.

Features

  • Closet Cabinetry
  • Family Room
  • Other View
  • Skyline

Location

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

Estimated loan & HOA

$3,357

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

Principal & interest
$2,655
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
BHHS EWM Realty

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.