New on the market! Oversized unit with enclosed wraparound balcony offering 1,505 sqft of living space. Galen Breakers is located just steps away from private beach access adjacent to the Ritz-Carlton. Renovated bathrooms and updated open kitchen with granite countertops. Walk-in closets in primary suite. Charming boutique building with remodeled lobby, social room, pool and bbq area. Walking distance to parks, community center, cafes, restaurants and shops.
Sold for $830,000
$830,000
550 Ocean Dr APT 4E, Key Biscayne, FL 33149
2beds
1,505sqft
Condo
Built in 1969
-- sqft lot
$834,300 Zestimate®
$551/sqft
$6,480 Estimated rent
Home value
$834,300
$793,000 - $884,000
$6,480/mo
Zestimate® history
Owner options
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$7,360/mo
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List your homeWhat's special
Private beach accessRenovated bathroomsPool and bbq areaSocial roomRemodeled lobbyEnclosed wraparound balconyOversized unit
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Other, Electric
Cooling
- Central
Appliances
- Included: Range / Oven, Refrigerator
Features
- Flooring: Tile
- Basement: None
- Has fireplace: No
Interior area
- Total interior livable area: 1,505 sqft
Property
Parking
- Total spaces: 1
- Parking features: On-street
Features
- Exterior features: Cement / Concrete
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
Details
- Parcel number: 2452050310210
Construction
Type & style
- Home type: Condo
Condition
- Year built: 1969
Community & HOA
HOA
- Has HOA: Yes
- HOA fee: $1,413 monthly
Location
- Region: Key Biscayne
Financial & listing details
- Price per square foot: $551/sqft
- Tax assessed value: $578,692
- Annual tax amount: $8,965
Price history
| Date | Event | Price |
|---|---|---|
| 7/27/2026 | Sold | $830,000-1.2%$551/sqft |
Source: Public Record Report a problem | ||
| 6/11/2026 | Pending sale | $840,000$558/sqft |
Source: Owner Report a problem | ||
| 5/14/2026 | Listed for sale | $840,000+57.9%$558/sqft |
Source: | ||
| 10/10/2017 | Sold | $532,000-3.1%$353/sqft |
Source: Public Record Report a problem | ||
| 5/17/2017 | Price change | $549,000-6.2%$365/sqft |
Source: Coldwell Banker Residential Real Estate - Brickell -Key Biscayne #A10264311 Report a problem | ||
| 5/2/2017 | Price change | $585,000+6.6%$389/sqft |
Source: Coldwell Banker Residential Real Estate #A10264311 Report a problem | ||
| 2/10/2017 | Price change | $549,000-2%$365/sqft |
Source: Owner Report a problem | ||
| 1/5/2017 | Price change | $560,000-6.7%$372/sqft |
Source: Owner Report a problem | ||
| 9/8/2016 | Price change | $599,999-1.6%$399/sqft |
Source: Owner Report a problem | ||
| 8/17/2016 | Price change | $610,000-2.4%$405/sqft |
Source: Owner Report a problem | ||
| 7/21/2016 | Listed for sale | $625,000$415/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,965 +8% | $564,144 +10% |
| 2024 | $8,305 +10.6% | $512,859 +10% |
| 2023 | $7,508 +4.4% | $466,236 +6% |
| 2022 | $7,192 +2.4% | $439,845 +6.9% |
| 2021 | $7,025 +13.8% | $411,400 +10% |
| 2020 | $6,175 -6.7% | $374,000 -6.5% |
| 2019 | $6,621 -12.1% | $400,000 -15% |
| 2018 | $7,534 | $470,437 +50.5% |
| 2017 | $7,534 +70.5% | $312,659 +2.1% |
| 2016 | $4,418 -1.5% | $306,229 +0.7% |
| 2015 | $4,485 -1.5% | $304,101 +0.8% |
| 2014 | $4,552 +3.5% | $301,688 +1.5% |
| 2013 | $4,397 | $297,230 +1.7% |
| 2012 | $4,397 +2.8% | $292,262 +3% |
| 2011 | $4,278 -15.6% | $283,750 -8.2% |
| 2010 | $5,067 +8.2% | $309,030 +2.7% |
| 2009 | $4,681 +0.4% | $300,906 +12.8% |
| 2007 | $4,664 -6.4% | $266,851 |
| 2006 | $4,982 | -- |
| 2005 | $4,982 +73.6% | -- |
| 2004 | $2,870 +4.2% | -- |
| 2003 | $2,753 +3.7% | -- |
| 2002 | $2,654 -25.4% | -- |
| 2001 | $3,557 | -- |
Find assessor info on the county website
Neighborhood: 33149
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Nearby schools
GreatSchools rating
- 8/10Key Biscayne K-8 CenterGrades: PK-8Distance: 0.5 mi
- 5/10Coral Gables Senior High SchoolGrades: PK,9-12Distance: 7.1 mi
- 6/10Ponce De Leon Middle SchoolGrades: 6-8Distance: 7.2 mi
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Estimated market value
$834,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$834,300
- Florida
- Miami-Dade County
- Key Biscayne
- 33149
- 550 Ocean Dr Apartment 4E