NOT LISTED FOR SALE

Galen Breakers 550 Ocean Dr Unit 4D Key Biscayne, FL 33149

Village of Key Biscayne Neighborhood

Estimated Value: $762,000 - $1,098,000

2 Beds
2 Baths
1,325 Sq Ft
$614/mo HOA Fee

Last Sold January 19, 2017

Last sale price $580,000 $438 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $5,838/month

13 Days on Market

Highlights

  • Property has ocean access
  • Sitting Area In Primary Bedroom
  • Clubhouse
  • Key Biscayne K-8 Center Rated A-
  • Waterfront
  • Recreation Room

About This Home

As of January 2017

Best boutique beach building on the island. Private gated beach access, this corner unit offers gorgeous tree top views, large wrap around balcony with ocean breezes and wonderful light. Spacious bedrooms, walk in closets, master dressing area, open kitchen, storage and two deeded parking spaces next to entrance are hallmarks of this residence. Wonderful kitchen and party room for entertaining , gated heated pool and bbq area and steps to the beach make this a great investment. Ample parking for guests.

Last Agent to Sell the Property

Barbara Lamar

One Sotheby's International Realty License #0498249 Listed on: 11/22/2016

One Sotheby's International Realty

Last Buyer's Agent

Marina Deganis

Exclusive Living R.E. LLC License #3133114

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,562

Year Built

  • Built in 1969

Lot Details

  • Waterfront
  • End Unit

HOA Fees

  • $614 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Entry on the 4th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,325 Sq Ft Home
  • Blinds
  • Entrance Foyer
  • Great Room
  • Recreation Room
  • Storage Room
  • Ceramic Tile Flooring
  • Garden Views

Kitchen

  • Self-Cleaning Oven
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Sitting Area In Primary Bedroom
  • 2 Full Bathrooms
  • Shower Only

Home Security

  • Intercom Access
  • Video Cameras

Outdoor Features

  • Property has ocean access
  • Outdoor Grill

Additional Features

  • Accessible Elevator Installed
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-031-0200

Community Details

Overview

  • Mid-Rise Condominium
  • Galen Breakers Condos
  • Car Wash Area
  • 9-Story Property

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Community Kitchen
  • Laundry Facilities
  • Lobby
  • Secure Lobby
  • Bike Room
  • Community Storage Space
  • Elevator

Recreation

  • Community Playground
  • Heated Community Pool

Pet Policy

  • Cats Allowed

Building Details

Security

  • Phone Entry
  • Walled
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,562

Year Built

Built in 1969

Lot Details

0

HOA Fees

$614 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1969
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Directions: Crandon Blvd to Galen Drive - turn left and last building on the right
  • Entry Level: 4
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Lobby, Elevator, Entrance Foyer, Pantry, Great Room, Recreation Room, Storage
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Foyer
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 1325
  • Other Equipment: Intercom
  • Possible Use: Unknown/Withheld
  • Stories: 9
  • Window Features: Hurricane Shutters, Blinds
  • Bedroom Features: Sitting Area - Primary Bedroom
  • Living Room Features: Great Room, Recreation Room, Storage Room
  • Master Bathroom Features: Shower Only

Exterior Features

  • View: Garden View
  • Exterior Features: Barbeque, Screened Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Wrap Around
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Galen Breakers
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Fire Alarm, Phone Entry, Lobby Secured, TV Camera, Walled

Condo/Co-op/Association

  • Association Fee: 614
  • Amenities: Bike Storage, Barbecue, Clubhouse-Clubroom, Laundry, Elevator(s), Storage, Heated Pool, Kitchen Facilities, Child Play Area, Pool, Vehicle Wash Area
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 24-52-05-031-0200
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Cats OK

Multi Family

  • Maintenance Expense: 614

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 6562

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2016
Closed on
Jan 19, 2017
Sold by
Hardin Tanner L and Blanco Gabriela E
Bought by
Alonso Natacha
Seller's Agent
Barbara Lamar
One Sotheby's International Realty
Buyer's Agent
Marina Deganis
Exclusive Living R.E. LLC
List Price
$630,000
Sold Price
$580,000
Premium/Discount to List
-$50,000
-7.94%
Current Estimated Value
$854,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$274,884
Avg. Annual Appreciation
4.53%
Original Mortgage
$406,000
Outstanding Balance
$334,676
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$520,208

Purchase Details

Listed on
Feb 18, 2014
Closed on
Jun 14, 2014
Sold by
Clark Juan Mario and Clark Anita
Bought by
Hardin Tanner L and Blanco Gabriela E
Seller's Agent
Ileana Puig
MMLS Assoc.-Inactive Member
Buyer's Agent
Barbara Lamar
One Sotheby's International Realty
List Price
$550,000
Sold Price
$517,000
Premium/Discount to List
-$33,000
-6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.54%
Original Mortgage
$387,750
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2009
Sold by
Clark Juan Mario and Clark Anita
Bought by
Clark Juan Mario and Clark Anita

Purchase Details

Closed on
May 31, 2005
Sold by
Benham Thomas B
Bought by
Clark Juan Mario and Clark Lucas
Source: Public Records

Range of Values:

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Average Value
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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

Date Buyer Sale Price Title Company
Alonso Natacha $580,000 Attorney
Hardin Tanner L $517,000 Attorney
Clark Juan Mario $17,700 Attorney
Clark Juan Mario $370,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alonso Natacha $406,000
Previous Owner Hardin Tanner L $387,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/19/2017 01/19/17 Sold $580,000 -7.9% $438 / Sq Ft
11/22/2016 11/22/16 For Sale $630,000 +21.9% $475 / Sq Ft
06/18/2014 06/18/14 Sold $517,000 -6.0% $390 / Sq Ft View Prior Sale
05/21/2014 05/21/14 Pending -- -- --
04/02/2014 04/02/14 For Sale $550,000 0.0% $415 / Sq Ft
03/25/2014 03/25/14 Pending -- -- --
02/18/2014 02/18/14 For Sale $550,000 -- $415 / Sq Ft
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 $8,305 $564,144 -- --
2024 $7,508 $512,859 -- --
2023 $7,508 $466,236 $0 $0
2022 $7,192 $439,845 $0 $0
2021 $7,025 $411,400 $0 $0
2020 $6,175 $374,000 $0 $0
2019 $6,488 $392,000 $0 $0
2018 $7,386 $461,203 $0 $0
2017 $7,450 $461,203 $0 $0
2016 $6,467 $430,029 $0 $0
2015 $6,562 $427,040 $0 $0
2014 $4,441 $295,777 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Barbara Lamar

    Seller's Agent in 2017

    Barbara Lamar

    One Sotheby's International Realty

    (305) 365-2811

    8 in this area

    12 Total Sales

    Barbara Lamar
    Section Image

  • M

    Buyer's Agent in 2017

    Marina Deganis

    Exclusive Living R.E. LLC

    (954) 348-3657

    11 Total Sales

    Marina Deganis
    Section Image

  • I

    Seller's Agent in 2014

    Ileana Puig

    MMLS Assoc.-Inactive Member

See All Agents

About Galen Breakers

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10183148

MIAMI REALTORS® MLS

APN: 24-5205-031-0200

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

550 Ocean Dr Unit 4D, Key Biscayne, FL

This home is located at 550 Ocean Dr Unit 4D, Key Biscayne, FL 33149 since 22 November 2016 and is currently estimated at $854,884, approximately $645 per square foot. This property was built in 1969. 550 Ocean Dr Unit 4D 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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