NOT LISTED FOR SALE

Galen Breakers 550 Ocean Dr Unit 3E Floor 3 Key Biscayne, FL 33149

Estimated Value: $741,000 - $825,000

2 Beds
2 Baths
1,325 Sq Ft
1969 Built

Sale Details

Date Sold: May 2, 2025

Last sale price $750,000 $566 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,867 / mo

84 Days on Market

Highlights

  • Garden View
  • Community Pool
  • Bike Room
  • Key Biscayne K-8 Center Rated A-
  • Community Center
  • Complete Panel Shutters or Awnings

About This Home

As of May 2025

Make this spacious and updated two bedroom and two bathroom apartment at Galen Breakers yours! The oversized dining and living area spill over to an enclosed private balcony. Being a corner unit gives the apartment an additional wall of floor to ceiling windows; bringing in tons of natural light. Large master bedroom with en suite bathroom and large walk-in closet. Galen Breakers is a well-run, boutique building located in a great location, right across the street from the beach. Schools, shopping, dining and The Village Green are all just a short walk away. The building has a heated pool, BBQ area, party room and bike storage.

Last Agent to Sell the Property

Victor Coto

One Sotheby's International Realty License #3268414 Listed on: 12/30/2024

One Sotheby's International Realty

Last Buyer's Agent

Adriana Gomez Fontanals

EXP Realty LLC License #3411757

EXP Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,742

Year Built

  • Built in 1969

Parking

  • 1 Car Attached Garage

Property Views

  • Garden
  • Pool

Home Design

  • Cluster Home
  • Entry on the 3rd floor

Interior Spaces

  • 1,325 Sq Ft Home
  • Ceramic Tile Flooring

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • 2 Full Bathrooms

Home Security

Utilities

  • Central Air
  • Heating Available

Additional Features

  • Outdoor Grill
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-031-0130

Community Details

Overview

  • Property has a Home Owners Association
  • Mid-Rise Community
  • Galen Breakers Condominiu Condos
  • Galen Breakers Condominiu Subdivision
  • 9-Story Property

Amenities

  • Community Barbecue Grill
  • Community Center
  • Party Room
  • Bike Room

Recreation

  • Community Pool

Pet Policy

  • Breed Restrictions

Building Details

  • Maintenance Expense $1,413

Security

  • Phone Entry
  • Complete Panel Shutters or Awnings

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,742

Year Built

Built in 1969

Lot Details

0 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1969
  • Property Sub Type: Condominium
  • Architectural Style: Patio/Cluster
  • Directions: Crandon Blvd south to Galen Drive. Go east on Galen Drive. Building is the last building on the right.
  • Entry Level: 3
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: GALEN BREAKERS CONDOMINIU
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Interior Amenities: Closet Cabinetry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 1325
  • Possible Use: Unknown/Withheld
  • Stories: 9
  • Window Features: Complete Panel Shutters/Awnings
  • Bedroom Features: Entry Level

Exterior Features

  • View: Garden View, Pool Area View
  • Exterior Features: East Of Us1, Barbeque
  • Construction Type: Concrete Block Construction
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • 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: Other
  • Heating Yn: Yes
  • Security: Phone Entry

Condo/Co-op/Association

  • Amenities: Barbecue, Bike Storage, Community Room, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 24-52-05-031-0130

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6742

Multi Family

  • Maintenance Expense: 1413

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2024
Closed on
May 2, 2025
Sold by
Bought by
Seller's Agent
Victor Coto
One Sotheby's International Realty
Buyer's Agent
Adriana Gomez Fontanals
EXP Realty LLC
List Price
$825,000
Sold Price
$750,000
Premium/Discount to List
-$75,000
-9.09%
Views
66
Current Estimated Value
$794,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,375
Avg. Annual Appreciation
5.17%
Original Mortgage
$600,000
Outstanding Balance
$593,482
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$200,893

Purchase Details

Listed on
Dec 8, 2020
Closed on
May 10, 2021
Sold by
Bought by
Seller's Agent
Virginia Lattanzi
Luft Realty
Buyer's Agent
Adam Levy
Compass Florida, LLC
List Price
$500,000
Sold Price
$460,000
Premium/Discount to List
-$40,000
-8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.07%
Original Mortgage
$68,954
Interest Rate
2.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 2003
Sold by
Bought by

Purchase Details

Closed on
Sep 12, 2001
Sold by
Bought by

Purchase Details

Closed on
Jun 27, 2000
Sold by
Bought by

Purchase Details

Closed on
Feb 17, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
6.79%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$750,000 None Listed On Document
$750,000 None Listed On Document
$460,000 Real Property Title Group
-- --
$245,000 --
$178,000 --
$100 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $600,000
Closed $600,000
Previous Owner $68,954
Previous Owner $345,000
Previous Owner $155,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/02/2025 05/02/25 Sold $750,000 -3.2% $566 / Sq Ft
03/24/2025 03/24/25 Pending -- -- --
02/06/2025 02/06/25 Price Changed $775,000 -6.1% $585 / Sq Ft
12/30/2024 12/30/24 For Sale $825,000 +79.3% $623 / Sq Ft
05/10/2021 05/10/21 Sold $460,000 -7.6% $347 / Sq Ft View Prior Sale
04/23/2021 04/23/21 Pending -- -- --
01/20/2021 01/20/21 Price Changed $498,000 -0.4% $376 / Sq Ft
12/07/2020 12/07/20 For Sale $500,000 0.0% $377 / Sq Ft
04/01/2019 04/01/19 Rented $2,800 -1.8% --
03/19/2019 03/19/19 Under Contract -- -- --
02/21/2019 02/21/19 For Rent $2,850 +14.0% --
09/03/2013 09/03/13 Rented $2,500 -3.8% --
09/03/2013 09/03/13 For Rent $2,600 -- --
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,909 $477,525 -- --
2024 $6,633 $464,068 -- --
2023 $6,633 $450,552 $0 $0
2022 $6,524 $437,430 $0 $0
2021 $6,988 $409,200 $0 $0
2020 $6,142 $372,000 $0 $0
2019 $6,571 $397,000 $0 $0
2018 $7,475 $466,711 $0 $0
2017 $7,539 $466,711 $0 $0
2016 $7,717 $466,711 $0 $0
2015 $7,303 $432,140 $0 $0
2014 $6,920 $400,130 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Victor Coto

    Seller's Agent in 2025

    Victor Coto

    One Sotheby's International Realty

    (305) 942-4452

    17 Total Sales

    Victor Coto
    Section Image

  • V

    Seller's Agent in 2021

    Virginia Lattanzi

    Luft Realty

    (786) 301-1767

    12 Total Sales

    Virginia Lattanzi
    Section Image
  • Adam Levy

    Buyer's Agent in 2021

    Adam Levy

    Compass Florida, LLC

    (305) 971-7880

    165 Total Sales

    Adam Levy
    Section Image

  • N

    Buyer's Agent in 2019

    NON-MLS MEMBER

    MAR NON MLS MEMBER

  • M

    Buyer's Agent in 2013

    Maria Quintero

    Compass Florida, LLC

    (786) 268-9772

    6 Total Sales

    Maria Quintero
    Section Image
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About Galen Breakers

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11715551

MIAMI REALTORS® MLS

APN: 24-5205-031-0130

Florida Miami/Dade County Key Biscayne 33149

550 Ocean Dr Unit 3E, Key Biscayne, FL

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.

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