$820,000

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

Village of Key Biscayne Neighborhood

Estimated payment $6,321/month

Total Views 57
2 Beds
2 Baths
1,325 Sq Ft
$619 Price per Sq Ft

Highlights

  • Hot Property
  • End Unit
  • Bike Room
  • Key Biscayne K-8 Center Rated A-
  • Community Center
  • Views

About This Home

Beautifully renovated! Large 2 beds 2 baths. Steps from the beach. Corner Unit. L shape balcony. Building has, pool, barbecue, storage space and bike room. Currently rented month to month at 4,500 tenant willing to stay if buyer is investor.

Listing Agent

Kelly Pacheco

Oneness Real Estate, LLC License #3275869 Listed on: 10/20/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,913

Year Built

  • Built in 1969

HOA Fees

  • $1,410 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • 1,325 Sq Ft Home
  • Entry on the 2nd floor
  • Concrete Block And Stucco Construction

Kitchen

  • Electric Range
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • Keybiscayne Elementary School
  • Ponce De Leon Middle School
  • Coral Gables High School

Additional Features

  • End Unit
  • Central Heating and Cooling System
  • Property Views

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-031-0040

Community Details

Overview

  • Mid-Rise Condominium
  • Galen Breakers Condominiu Condos
  • Galen Breakers Condominiu Subdivision
  • 8-Story Property

Amenities

  • Community Center
  • Party Room
  • Laundry Facilities
  • Bike Room

Pet Policy

  • No Pets Allowed

Security

  • Secure Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,913

Year Built

Built in 1969

Lot Details

0

HOA Fees

$1,410 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1969
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Entry Level: 2
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: GALEN BREAKERS CONDOMINIU
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Disposal, Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1325
  • Stories: 8
  • Bedroom Features: None

Exterior Features

  • View: Other View
  • Exterior Features: None
  • Construction Type: CBS Construction
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: GALEN BREAKERS CONDOMINIU
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Elevator Secure

Condo/Co-op/Association

  • Association Fee: 1410
  • Amenities: Bike Storage, Laundry, Community Room, Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Keybiscayne
  • High School: Coral Gables
  • Middle Or Junior School: Ponce De Leon

Lot Info

  • Parcel Number: 24-52-05-031-0040

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6913

Map

About Galen Breakers

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $6,913 $488,839 -- --
2024 $6,803 $475,063 -- --
2023 $6,803 $461,227 $0 $0
2022 $7,117 $435,120 $0 $0
2021 $7,022 $414,400 $0 $0
2020 $3,319 $240,724 $0 $0
2019 $3,238 $235,312 $0 $0
2018 $3,058 $230,925 $0 $0
2017 $2,595 $226,176 $0 $0
2016 $2,593 $221,524 $0 $0
2015 $2,635 $219,985 $0 $0
2014 $2,680 $218,240 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/20/2025 10/20/25 For Sale $820,000 +41.4% $619 / Sq Ft
08/19/2021 08/19/21 Sold $580,000 -1.5% $438 / Sq Ft View Prior Sale
07/18/2021 07/18/21 Pending -- -- --
06/24/2021 06/24/21 For Sale $589,000 -- $445 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $580,000 Attorney
Warranty Deed $185,000 --
Warranty Deed $160,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $400,000 Stand Alone First
Previous Owner $100,000 No Value Available
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11899725

MIAMI REALTORS® MLS

APN: 24-5205-031-0040

Florida Miami/Dade County Key Biscayne 33149 Village of Key Biscayne

550 Ocean Dr Unit 2D, Key Biscayne, FL

This home is located at 550 Ocean Dr Unit 2D, Key Biscayne, FL 33149 and is currently priced at $820,000, approximately $618 per square foot. This property was built in 1969. 550 Ocean Dr Unit 2D is a home located in Miami-Dade County with nearby schools including Key Biscayne K-8 Center, Ponce de Leon Middle School, and Coral Gables Senior High School.

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.

MIAMI REALTORS® MLS 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.

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Listing Agent
Kelly Pacheco
Section Image
Oneness Real Estate, LLC
(786) 839-3457