NOT LISTED FOR SALE

Galen Breakers 550 Ocean Dr Unit 2C Floor 2 Key Biscayne, FL 33149

Estimated Value: $739,000 - $949,000

2 Beds
2 Baths
1,325 Sq Ft
1969 Built

Highlights

  • In Ground Pool
  • No HOA
  • Tile Flooring
  • Key Biscayne K-8 Center Rated A-
  • Views
  • Intercom Access

About This Home

As of June 2013

Beautiful 2/2 spacious unit located just steps from the beach. Walk to shopping and restaurants. On site management.

Last Agent to Rent the Property

Angelica Lopez

MMLS Assoc.-Inactive Member License #0305136 Listed on: 02/26/2013

Last Renter's Agent

Andres Blanco

Compass Florida, LLC License #3245908

Compass Florida, LLC

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1969

Parking

  • 1 Car Garage
  • Assigned Parking

Home Design

  • Entry on the 2nd floor
  • Concrete Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,325 Sq Ft Home
  • Sliding Windows
  • Combination Dining and Living Room
  • Tile Flooring
  • Intercom Access
  • Property Views

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Accessible Elevator Installed
  • In Ground Pool
  • East Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Property Available on 4/1/13
  • 1 Year With Renewal Option,More Than 1 Year Lease Term
  • Assessor Parcel Number 24-52-05-031-0030

Community Details

Overview

  • No Home Owners Association
  • Galen Breakers Condo
  • Galen Breakers Condo Subdivision

Amenities

  • Laundry Facilities
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Year Built

Built in 1969

Lot Details

0

Parking

1

Rental Info

  • Pets Allowed: No
  • Available Date: 2013-04-01
  • Lease Term: 1 Year With Renewal Option,More Than 1 Year

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1969
  • Property Sub Type: Condominium
  • Architectural Style: First Floor Entry
  • Directions: CRANDON BLVD TO GALEN DR TO OCEAN DR
  • Entry Level: 2
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • Lease Assignable: No
  • Unit Levels: 0
  • New Construction: No
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: GALEN BREAKERS CONDO
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: No
  • LastStatus: Pending
  • CurrentPrice: 2500
  • InternetRemarks: Beautiful 2/2 spacious unit located just steps from the beach. Walk to shopping and restaurants. On site management.
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry, Elevator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1325
  • Other Equipment: Elevator, Intercom
  • Window Features: Sliding
  • Dining Room Features: Dining/Living Room

Exterior Features

  • Roof: Concrete
  • View: Other
  • Exterior Features: Other
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Park Building Name: GALEN BREAKERS CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Covered, Assigned

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Community Pool, Elevator(s), Laundry Facility
  • Association: No

Lot Info

  • Parcel Number: 24-52-05-031-0030
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Zoning: 49/MULTI

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 2021
Sold by
Lopez Enrique J and Lopez Monica Padilla
Bought by
Waicman Barbara M and Waicman Mariano
Current Estimated Value
$810,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,500
Outstanding Balance
$332,725
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$477,382

Purchase Details

Closed on
Dec 12, 2005
Sold by
Odonnell Francis J and Odonnell Florence
Bought by
Lopez Enrique J and Lopez Monica Padilla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$499,223
Interest Rate
6.23%
Mortgage Type
Unknown
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Waicman Barbara M $490,000 North American Title Company
Lopez Enrique J $620,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Waicman Barbara M $367,500
Previous Owner Lopez Enrique J $499,223
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2013 06/20/13 Rented $2,500 -7.4% --
05/21/2013 05/21/13 Under Contract -- -- --
02/26/2013 02/26/13 For Rent $2,700 -- --
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

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 $6,703 $475,004 -- --
2024 $6,595 $461,618 -- --
2023 $6,595 $448,173 $0 $0
2022 $6,488 $435,120 $0 $0
2021 $6,952 $407,000 $0 $0
2020 $6,109 $370,000 $0 $0
2019 $6,240 $377,000 $0 $0
2018 $0 $444,085 $0 $0
2017 $7,174 $444,085 $0 $0
2016 $7,226 $431,390 $0 $0
2015 $5,383 $392,173 $0 $0
2014 $5,383 $356,521 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1754095

MIAMI REALTORS® MLS

APN: 24-5205-031-0030