Sold for $752,000

$752,000

550 Ocean Dr APT 3C, Key Biscayne, FL 33149

2beds

1,325sqft

Condominium

Built in 1969

-- sqft lot

$731,700 Zestimate^®

$568/sqft

$5,093 Estimated rent

Home value

$731,700

$637,000 - $841,000

$5,093/mo

Zestimate^® history

Owner options

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$5,093/mo

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$5,093/mo

Rent Zestimate^®

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$6,667/mo

Est. payment

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$6,667/mo

Est. payment

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What's special

Heated poolBbq areaLots of lightImpact windowsLarge walk-in closetOversized primary bedroom

Bright & airy this spacious, 2bed/2bath unit has an enclosed balcony with floor to ceiling windows and lots of light overlooking balmy palms. Oversized primary bedroom comes with a large walk-in closet. Both bedrooms have impact windows. Galen Breakers is a well managed, boutique building with an excellent location. Amenities include party room, heated pool, & BBQ area. Short walk to the beach. Close to schools, dining and shopping. Unit comes with 1 covered parking space in front of building.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Heating

Central

Cooling

Central Air

Appliances

Included: Dishwasher, Electric Range, Refrigerator

Features

Flooring: Other

Interior area

Total structure area: 1,325
Total interior livable area: 1,325 sqft

Property

Parking

Total spaces: 1
Parking features: Additional Spaces Available
Garage spaces: 1

Features

Entry location: First Floor Entry
Patio & porch: Patio
Exterior features: Other
Pool features: Association
Has view: Yes
View description: Garden

Details

Parcel number: 2452050310110

Construction

Type & style

Home type: Condo
Property subtype: Condominium
Attached to another structure: Yes

Materials

CBS Construction

Condition

Year built: 1969

Community & HOA

Community

Security: Lobby Secured
Application fee: $150
Pet fee: $0
Subdivision: Galen Breakers Condo

HOA

Has HOA: Yes
Amenities included: Clubhouse-Clubroom, Pool
HOA fee: $1,413 monthly

Location

Region: Key Biscayne

Financial & listing details

Price per square foot: $568/sqft
Tax assessed value: $575,514
Annual tax amount: $3,602
Date on market: 3/28/2025
Listing terms: All Cash,Conventional

Price history

Date	Event	Price
6/20/2025	Sold	$752,000-3.5%$568/sqft
Source: MIAMI #A11772639 Report a problem
4/25/2025	Pending sale	$779,000$588/sqft
Source: MIAMI #A11772639 Report a problem
3/28/2025	Listed for sale	$779,000+289.5%$588/sqft
Source: MIAMI #A11772639 Report a problem
7/1/1998	Sold	$200,000$151/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,702 +2.8%	$270,751 +2.9%
2024	$3,602 +1.9%	$263,121 +3%
2023	$3,536 +0.6%	$255,458 +3%
2022	$3,514 -0.1%	$248,018 +3%
2021	$3,518 +7.5%	$240,795 +1.4%
2020	$3,273 +2.5%	$237,471 +2.3%
2019	$3,193 +5.9%	$232,132 +1.9%
2018	$3,016	$227,804 +2.1%
2017	$3,016 +1.5%	$223,119 +2.1%
2016	$2,971 -1.4%	$218,530 +0.7%
2015	$3,013 -1.5%	$217,011 +0.8%
2014	$3,058 +3.8%	$215,289 +1.5%
2013	$2,947	$212,108 +1.7%
2012	$2,947 +3%	$208,563 +3%
2011	$2,860 -5%	$202,489 +1.5%
2010	$3,011 +8.5%	$199,497 +2.7%
2009	$2,776 -2.8%	$194,253 +18.9%
2007	$2,856 -6.1%	$163,407
2006	$3,041	--
2005	$3,041 +1.6%	--
2004	$2,992 +4.2%	--
2003	$2,871 +0.1%	--
2002	$2,868	--
2001	$2,868	--