For sale

Price cut: $30K (7/2)

$720,000

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

3beds

--sqft

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Condominium

Built in 1969

-- sqft lot

$704,700 Zestimate^®

$--/sqft

$1,413/mo HOA

What's special

Enclosed balconyHeated poolWell-sized secondary bedroomBbq areaImpact windows in bedrooms

Bright and spacious 2-bedroom + den / 2-bath residence with an enclosed balcony and floor-to-ceiling windows that flood the unit with natural light. The den offers true flexibility as a third bedroom, office, or additional living space. Oversized primary suite with walk-in closet and well-sized secondary bedroom. Impact windows in bedrooms. Galen Breakers is a well-maintained boutique building with heated pool, BBQ area, and party room. Prime Key Biscayne location within walking distance to the beach, dining, and shops. Includes 1 parking space.

87 days

1,147

39

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Heating

Central

Cooling

Central Air

Appliances

Included: Dishwasher, Microwave, Electric Range, Refrigerator

Features

Flooring: Wood

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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: 2452050310160

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

Tax assessed value: $575,514
Annual tax amount: $9,046
Date on market: 4/9/2026
Listing terms: All Cash,Conventional,FHA,VA Loan

Estimated market value

$704,700

$669,000 - $740,000

$5,556/mo

Price history

Date	Event	Price
7/2/2026	Price change	$720,000-4%
Source: MIAMI #A11998371 Report a problem
5/26/2026	Price change	$750,000-5.7%
Source: MIAMI #A11998371 Report a problem
5/17/2026	Price change	$795,000-1.9%
Source: MIAMI #A11998371 Report a problem
5/11/2026	Price change	$810,000-3.6%
Source: MIAMI #A11998371 Report a problem
4/9/2026	Listed for sale	$840,000+68%
Source: MIAMI #A11998371 Report a problem
4/4/2023	Listing removed	--
Source: MIAMI #A11338696 Report a problem
3/20/2023	Price change	$5,500-6.8%
Source: MIAMI #A11338696 Report a problem
2/28/2023	Price change	$5,900-7.8%
Source: MIAMI #A11338696 Report a problem
2/6/2023	Listed for rent	$6,400
Source: MIAMI #A11338696 Report a problem
7/10/2019	Sold	$500,000+19.3%
Source: Public Record Report a problem
6/6/2012	Listing removed	$419,000
Source: Coldwell Banker Residential - FL - Coral Gables #M1345213 Report a problem
6/3/2012	Listed for sale	$419,000
Source: Coldwell Banker Residential - FL - Coral Gables #M1345213 Report a problem
11/17/2011	Listing removed	$419,000
Source: Coldwell Banker Residential - FL - Coral Gables San Remo #M1345213 Report a problem
10/29/2010	Listed for sale	$419,000+21.4%
Source: Coldwell Banker Residential - FL - Coral Gables San Remo #M1345213 Report a problem
7/27/2010	Sold	$345,000-13.5%
Source: Public Record Report a problem
4/3/2010	Price change	$399,000-4.8%
Source: NRT Florida #M1345213 Report a problem
10/10/2009	Price change	$419,000-7.9%
Source: Coldwell Banker Residential - FL - Coral Gables San Remo #M1345213 Report a problem
3/23/2009	Listed for sale	$454,900-22.2%
Source: Coldwell Banker Residential - FL - Coral Gables San Remo #M1345213 Report a problem
7/26/2008	Listing removed	$585,000
Source: NRT Florida #M1215108 Report a problem
6/20/2008	Listed for sale	$585,000+70.2%
Source: NRT Florida #M1215108 Report a problem
2/3/2005	Sold	$343,800+80.9%
Source: Public Record Report a problem
3/28/2000	Sold	$190,000
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$9,045 +6.3%	$575,514 +7%
2024	$8,511 +31%	$537,864 +21.7%
2023	$6,497 +1.6%	$441,970 +3%
2022	$6,392 -0.3%	$429,098 +3%
2021	$6,411 +4.4%	$416,600 +12%
2020	$6,142 -2.6%	$372,000 -2.4%
2019	$6,306 -12.2%	$381,000 -15%
2018	$7,182	$448,416
2017	$7,182 -0.9%	$448,416 +2.9%
2016	$7,244 +5.9%	$435,576 +10%
2015	$6,838 +6.5%	$395,979 +10%
2014	$6,420 +18.1%	$359,981 +10%
2013	$5,435	$327,256 +10%
2012	$5,435 +15.2%	$297,506 +10%
2011	$4,718 -12.3%	$270,460 -17%
2010	$5,382 -0.9%	$325,860 -5%
2009	$5,433 -15.2%	$343,010 -6.4%
2007	$6,408 +22.7%	$366,632
2006	$5,221	--
2005	$5,221 +74.2%	--
2004	$2,997 +4.2%	--
2003	$2,876 +14.8%	--
2002	$2,506	--
2001	$2,506	--

Find assessor info on the county website

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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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