SOLD JUL 4, 2024
RENTED APR 1, 2025
1
Bed
1.5
Baths
725
Sq Ft
$541/mo
HOA Fee
Highlights
- Garden View
- Sauna
- Balcony
- Key Biscayne K-8 Center Rated A-
- Community Pool
- Central Heating and Cooling System
About This Home
As of July 2024Great condo with beach access! 1 Bedroom 1.5 bath corner 2nd floor garden apartment with 725 sqft and includes a spacious balcony, 1 parking space, and impact windows and doors. All assessments paid. Located at 240 Galen Drive Condo, this private corner unit boasts an abundance of natural light streaming through its numerous windows, offering a tranquil oasis just steps from the sun-kissed beach.
Original interior details provide a canvas for personalization and customization.
Escape to your own slice of paradise with leisurely strolls to the nearby beach, this property presents a lucrative option, promising both rental income potential and a coveted beach lifestyle.
Last Agent to Sell the Property
E Realty International, Inc. License #0519934 Listed on: 02/29/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,109
Year Built
- Built in 1967
HOA Fees
- $541 Monthly HOA Fees
Parking
- 1 Car Parking Space
Home Design
- Garden Apartment
Interior Spaces
- 725 Sq Ft Home
- 3-Story Property
- Combination Dining and Living Room
- Carpet
- Garden Views
- Electric Range
Bedrooms and Bathrooms
- 1 Bedroom
- Shower Only
Outdoor Features
- Unrestricted saltwater access
- Balcony
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 24-52-05-026-0280
Community Details
Overview
- Low-Rise Condominium
- Galen Drive Condo
- Galen Drive Condo Apts Subdivision
Amenities
Recreation
Pet Policy
- No Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 29, 2024
Closed on
Jul 2, 2024
Sold by
Cornacchia Maria A and Cornacchia Family Revocable Living Trust
Bought by
Garzon Hammeris Viviana
Seller's Agent
James Salas
E Realty International, Inc.
Buyer's Agent
James Salas
E Realty International, Inc.
List Price
$495,000
Sold Price
$430,000
Premium/Discount to List
-$65,000
-13.13%
Views
67
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,023
Avg. Annual Appreciation
4.06%
Original Mortgage
$150,000
Outstanding Balance
$148,485
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$300,402
Purchase Details
Closed on
Nov 13, 2018
Sold by
Cornacchia Margaret F and Cornacchia Maria A
Bought by
Cornacchia Margaret F and Cornacchia Maria A
Purchase Details
Closed on
Nov 30, 2010
Sold by
Cornacchia Margaret E
Bought by
Cornacchia Margaret E
Similar Homes in Key Biscayne, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $430,000 | Florida Title | |
| Interfamily Deed Transfer | -- | Attorney | |
| Interfamily Deed Transfer | -- | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $150,000 | New Conventional | |
| Previous Owner | $1 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/01/2025 04/01/25 | Rented | $2,950 | -4.8% | -- |
| 03/11/2025 03/11/25 | Under Contract | -- | -- | -- |
| 02/28/2025 02/28/25 | For Rent | $3,100 | 0.0% | -- |
| 07/04/2024 07/04/24 | Sold | $430,000 | -4.4% | $593 / Sq Ft |
| 04/11/2024 04/11/24 | Price Changed | $450,000 | -9.1% | $621 / Sq Ft |
| 02/29/2024 02/29/24 | For Sale | $495,000 | -- | $683 / Sq Ft |
Source: MIAMI REALTORS® MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,293 | $361,725 | -- | -- |
| 2024 | $5,109 | $320,650 | -- | -- |
| 2023 | $5,109 | $291,500 | $0 | $0 |
| 2022 | $4,414 | $265,000 | $0 | $0 |
| 2021 | $4,387 | $246,316 | $0 | $0 |
| 2020 | $3,990 | $265,000 | $0 | $0 |
| 2019 | $3,758 | $258,000 | $0 | $0 |
| 2018 | $3,298 | $234,659 | $0 | $0 |
| 2017 | $3,182 | $168,239 | $0 | $0 |
| 2016 | $3,061 | $152,945 | $0 | $0 |
| 2015 | $2,927 | $139,041 | $0 | $0 |
| 2014 | $2,736 | $126,401 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Vivianna Franchy
BHHS EWM Realty
(305) 798-6010
16 in this area
29 Total Sales
-
Buyer's Agent in 2025
Eva Veiga Liste
BHHS EWM Realty
(305) 332-5688
5 in this area
14 Total Sales
-
Seller's Agent in 2024
James Salas
E Realty International, Inc.
(305) 300-6764
11 in this area
14 Total Sales
About This Building
Map
Source: MIAMI REALTORS® MLS
MLS Number: A11541323
APN: 24-5205-026-0280
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Nearby Homes
- 240 Galen Dr Unit 109
- 240 Galen Dr Unit 308
- 251 Galen Dr Unit 112E
- 251 Galen Dr Unit 204E
- 255 Sunrise Dr Unit 107
- 200 Galen Dr Unit 308
- 201 Galen Dr Unit 201
- 260 Sunrise Dr Unit E
- 200 Sunrise Dr Unit 200C
- 200 Sunrise Dr Unit 200A
- 200 Sunrise Dr Unit 200D
- 202 Sunrise Dr Unit 202A
- 290 Sunrise Dr Unit 3K
- 150 Sunrise Dr Unit 4B
- 575 Crandon Blvd Unit 706
- 575 Crandon Blvd Unit 808
- 575 Crandon Blvd Unit 707
- 575 Crandon Blvd Unit 306
- 575 Crandon Blvd Unit 508
- 555 Crandon Blvd Unit 32