465 Ocean Dr · Miami Beach, FL 33139 · South Beach

Royal Atlantic

11-story mid-rise, completed 1969, 235 residences in South Beach. 7 for sale and 1 for rent on Nov 2, 2026.

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At a glance Royal Atlantic (465 Ocean Dr, South Beach) is an 11-story, 235-unit building completed in 1969. As of Nov 2, 2026, 7 units are for sale and 1 is for rent; the median closed price was $904 per square foot over 6 sales in the last 12 months. FEMA flood zone AE. Source: Miami Assoc. of REALTORS® MLS via Bridge IDX, Miami-Dade Property Appraiser records and the FEMA flood map.

For sale
7
For rent
1
Median $/SF
$9046 sales · 12 mo
Sold
6last 12 months
Built
1969
Floors
11
Residences
235county
Flood zone
AEFEMA
Owner-occupied
37%
Avg. unit
657sq ft

MLS via Bridge IDX · as of Nov 2, 2026 · How these numbers are made

Royal Atlantic, floor by floor.

Every unit the MLS has recorded here, placed by its unit number: floors up, lines across, each column as wide as the units in it. Amber is for sale today (a unit listed both for sale and for rent is amber). Hover or tap a unit to read its record.

50 units seen · MLS via Bridge IDX · as of Nov 2, 2026
  • For sale 6
  • For rent 1
  • Sold or leased, last 12 months 7
  • Seen in the MLS before that 36
  • No MLS record seen 120
0102030405070810111215161819202224112105010203050811151619221125Floor 1: no unit seen in the MLSFloor 1: no unit seen in the MLS

Tap a unit to read its record here. Amber and white units open their listing page.

Units seen50of 235 residences on record
Floors with units10floors 2 to 11
Lines17stacks of units, by number

Closed $/SF by height sales in the 24 months to Nov 2, 2026

Upper floorsfloors 10 to 11$932/SF · 3 sales
Middle floorsfloors 6 to 9$815/SF · 4 sales
Lower floorsfloors 2 to 5$861/SF · 4 sales

Closed $/SF figures use the 11 recorded sales of these units in the 24 months to Nov 2, 2026; a median needs three. Floor, line and size are the record's. Views and orientation are not in it and are not shown.

The largest typical unit is line 02, a median 665 sf over 4 units seen, recorded with 1 bedrooms.

The lines what the MLS record holds for each stack of units
LineUnits seenTypical sizeBedsOn the marketClosed $/SF · 24 mo
Line 012665 sf1–1 sale, too few
Line 024665 sf1–1 sale, too few
Line 032665 sf11–
Line 043656 sf11–
Line 053665 sf1––
Line 072654 sf1––
Line 083645 sf1–2 sales, too few
Line 102654 sf1––
Line 112645 sf1––
Line 122654 sf11–
Line 152776 sf1–1 sale, too few
Line 162645 sf1–1 sale, too few
Line 184418 sfStudio11 sale, too few
Line 195654 sf121 sale, too few
Line 204645 sf11–
Line 224654 sf1–1 sale, too few
Line 244654 sf1–2 sales, too few

8 units in the record sit outside this grid (315/316, 317, 416-17, 614, 623, 706, 1009, 1119/1120): penthouse, townhouse or ground-level numbers, or lines seen only once or twice.

How this is drawn: a unit's floor and line come from its MLS unit number alone (5614 is floor 56, line 14). A cell exists only where the MLS has recorded a listing, a closing or a lease; a blank means no record was seen, not that no unit exists. Column widths follow each line's median recorded living area. Pre-construction towers and buildings with a thin record have no drawing.

Floor and line from the MLS unit number; a blank cell means no record was seen. How these numbers are made

The read on Royal Atlantic.

Activity as of Nov 2, 2026
  • Resale +32%. The median closed price moved from $674/SF in 2020 (6 sales) to $891/SF in 2026 (5 sales), the first and last years with three or more recorded sales.
  • Asks run -8% against closings. Sellers ask a median $833/SF (7 listings) against $904/SF closed (6 sales, 12 months). Asks are priced close to what actually closes here.
  • Sells in a median 112 days. Days on market across the 6 sales closed in the last 12 months.
  • An owners' building. Sales outnumbered leases 6 to 1 over the last 12 months (6 sales, 1 leases).
Read the full record 4 paragraphs and 10 facts, every figure from the MLS and county record

Built in 1969, Royal Atlantic is a 11-story mid-rise at 465 Ocean Dr in South Beach. The Miami-Dade Property Appraiser lists 235 residential units, averaging 657 SF of living area.

On November 2, 2026, seven units were listed for sale, asking $480K to $595K (median ask $833/SF across 7 listings). Six sales closed between November 2, 2025 and November 2, 2026, from $460K to $790K, a median $904/SF, after a median 112 days on the market. In the 12 months before that, seven sales closed at a median $917/SF, so the median fell 1%. The MLS holds 55 closed sales here going back to 2019; among years with three or more sales, 2025 set the high at a median $968/SF. That 12-month median ranks 26th of the 83 South Beach buildings with at least three sales in the same window. One-bedrooms made up 11 of the 13 sales in the last 24 months, at a median $575,000.

One unit was offered for rent at $3,650 a month. One lease was signed over the same 12 months, at $3,500 a month. Sales outnumbered leases 6 to 1 over that year.

About 37% of the residences are owner-occupied according to county records.

Sources: Miami Assoc. of REALTORS® MLS via Bridge IDX (activity as of November 2, 2026), Miami-Dade Property Appraiser records. Blanks mean the record doesn't state it; nothing here is estimated.

The record

Address
465 Ocean Dr, Miami Beach 33139
Neighborhood
South Beach
Year built
1969
Floors
11
Residences (county-verified)
235
Owner-occupied
37% of residences
Avg. unit size
657 sq ft
Total living area
154,402 sq ft
County condo folios
235
Recorded MLS listings
65

The numbers at Royal Atlantic.

Every sale and lease the MLS has recorded at this address, sales first.

MLS via Bridge IDX · as of Nov 2, 2026

Median $/SF by year closed

Every recorded sale at this address, 2019 to 2026. Count in the tooltip.

$484$968$7572019$6742020$7872021$7642022$8222023$8122024$9682025$8912026$484$968$757'19'20$787'21'22$822'23'24$968'25'26

Pale bars: fewer than three sales that year, so the bar is the sale itself or the average of two, too few for a median.

Year by year, every recorded closing
YearSalesMedian $/SFLeasesMedian rent
2026 (to date)5$8911$3,500/mo*
20258$968––
20245$8121$3,200/mo*
20235$8221$2,900/mo*
202214$764––
202110$7872$2,125/mo*
20206$6741$2,000/mo*
20192$757*––

* Fewer than three closings that year: the figure is the closing itself or the average of two, too few for a median.

Own here? See how the building moved since you bought.

Median closed $/SF in 2020: $674 (6 sales). In the last 12 months: $904 (6 sales). Change: +34%.

This is the building's movement, not your unit's value. Floor, view, line and condition move a unit's price more than the building does. Only years with three or more recorded sales are listed.

Get your unit's value →
Show all closings 55 sales · 6 leases on record since 2019

Closed sales Nov 2, 2024 to Nov 2, 2026 · 13

UnitBDBASFAskedClosed$/SFClose dateDOM
52411654$540,000$460,000$703Oct 16, 2026230
110211665$695,000$620,000$932Jul 31, 2026105
82411654$649,000$600,000$917May 12, 202696
100811645$595,000$575,000$891May 12, 2026118
70811645$495,000$460,000$713Feb 18, 20269
31511776$825,000$790,000$1,018Dec 18, 2025181
61911654$649,000$600,000$917Oct 9, 2025341
1119/1120221,299$1,950,000$1,600,000$1,232Sep 4, 2025445
70111665$425,000$410,000$617Jul 25, 2025126
70611700$550,000$476,000$680Jun 16, 2025165
51611645$989,000$840,000$1,302May 23, 2025277
101801418$475,000$450,000$1,077Apr 14, 2025102
32211654$469,000$450,000$688Feb 12, 2025113

Leases signed Nov 2, 2025 to Nov 2, 2026 · 1

UnitBDBASFAsked/moLeased/mo$/SF/moLease dateDOM
102411654$3,500/mo$3,500/mo$5.35Mar 1, 202638

Data: Miami Assoc. of REALTORS® MLS via Bridge IDX, as of Nov 2, 2026. Listings matched to this building's recorded addresses; pending includes under-contract. Closed listings shown as records only, no photos. Blanks mean the record doesn't state it. How these numbers are made

The file on Royal Atlantic.

The rules on record, the documents in my files, the two Florida checks every buyer should run, and the buildings around it. Each card opens.

FEMA flood zone

AE

Inside FEMA's Special Flood Hazard Area. A federally backed mortgage requires flood insurance here.

What the zone means
  • The 1% annual chance ("100-year") flood area, with a base flood elevation set.
  • Base flood elevation 8 ft (NGVD29).
  • The zone is a map line, not a premium. Ask the association for its master flood policy, and get a flood quote for the specific unit before you commit.

FEMA National Flood Hazard Layer, checked at the building's mapped location on Oct 12, 2026. Open the official map ↗

Milestone structural inspection

Turned 30 in 1999

The statute's first deadline for a building this age was December 31, 2024, then every 10 years.

What the deadline means
  • Based on year built 1969 (county record). The statute counts from the certificate of occupancy date, which can differ.
  • The association must give every owner the inspector's summary. Ask for it, and for the structural integrity reserve study, before you commit.

Fla. Stat. § 553.899(3) ↗ and Miami-Dade recertification ↗, read Oct 9, 2026. What the deadline means for buyers

Nearby

Around Royal Atlantic

5 more nearby

Compare with the two nearest →Every South Beach building →Distances are straight-line. Building data from Miami Assoc. of REALTORS® MLS records via Bridge IDX.

Own here, or looking here

Owners: tell me your unit and I'll prepare its value myself. Buyers and renters: I'll tell you when a unit here lists or sells. Either way it starts a conversation with me, not a mailing list.

Own here?

Get your unit's value

Tell me your unit and I'll prepare its value myself, from Royal Atlantic's closed sales and what is listed now. Then we talk it through.

Phone or email. One is enough.

Thinking about

Goes to Enrique only. No mailing list.

Looking here?

Get alerts when a unit lists or sells

When a unit at Royal Atlantic lists or sells, I'll let you know. I send these myself, not a robot.

Phone or email. One is enough.

Alerts for

Goes to Enrique only. No mailing list.

Enrique Ponte Ojeda on a balcony overlooking the water in Miami
I read the building before you buy or sell a unit in it.Closed history, the association's rules, what is really for sale and what it should trade at. Then we talk.
Enrique Ponte Ojeda
Licensed Florida Real Estate Agent · Carmona Realty Group