NOT LISTED FOR SALE

Galen Breakers 550 Ocean Dr Unit 8D Key Biscayne, FL 33149

Estimated Value: $799,000 - $979,000

2 Beds
2 Baths
1,325 Sq Ft
1969 Built

Sale Details

Date Sold: March 28, 2016

Last sale price $670,000 $506 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $5,941 / mo

358 Days on Market

Highlights

  • Ocean View
  • Wood Flooring
  • Heated Community Pool
  • Key Biscayne K-8 Center Rated A-
  • End Unit
  • Bike Room

About This Home

As of March 2016

PRICE IS FIRM Fantastic opportunity in desirable building in Key Biscayne. Just steps from the beach! This one of a kind corner unit features 2 spacious bedrooms, enclosed balcony allowing to maximize the use of space and floor-to-ceiling windows provid e beautiful views.The Open kitchen with granite counter , Oversized master bedroom with dressing area and 2 walk-in closets, wood floors, hurricane shutters , 2 assigned parking space ,large heated pool , barbeque area , a club house

Last Agent to Sell the Property

valentin tudose

Beachfront Realty Inc License #3087367 Listed on: 01/23/2015

Beachfront Realty Inc

Last Buyer's Agent

Maria Cecilia Sanchez

Great Properties International LLC License #3265314

Great Properties International LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,904

Year Built

  • Built in 1969

Lot Details

  • End Unit
  • North Facing Home

HOA Fees

  • $614 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Guest Parking

Property Views

  • Ocean

Home Design

  • Entry on the 8th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,325 Sq Ft Home
  • Custom Mirrors
  • Wood Flooring
  • Intercom Access

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Courtyard
  • Outdoor Grill

Additional Features

  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-031-0520

Community Details

Overview

  • Club Membership Available
  • Other Membership Included
  • Mid-Rise Community
  • Galen Breakers Condominiu Condos
  • 9-Story Property

Amenities

  • Community Barbecue Grill
  • Laundry Facilities
  • Interior Hall
  • Bike Room
  • Community Storage Space

Recreation

  • Heated Community Pool

Pet Policy

  • Cats Allowed

Building Details

Security

  • Card or Code Access
  • Secure Elevator
  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,904

Year Built

Built in 1969

Lot Details

0 Sq Ft Lot

HOA Fees

$614 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1969
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Directions: DRIVING ACROSS THE CAUSEWAY FROM MIAMI TO KEY BISCAYNE, YOU'LL ENTER CRANDON BLVD. CONTINUE SOUTH, PAST SONESTA DR, AND PAST THE RITZ CARLTON. AT THE NEXT INTERSECTION(GALEN DR.)TURN LEFT, DRIVE EAST TO THE END OF THE STREET. BUILDING IS LAST ONE ON RIGHT
  • Entry Level: 8
  • Garage Yn: Yes
  • Horses: No
  • Unit Levels: 0
  • 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, Microwave, Electric Range, Refrigerator
  • Interior Amenities: Interior Hall, Closet Cabinetry, Custom Mirrors, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Wood
  • Furnished: Unfurnished
  • Living Area: 1325
  • Other Equipment: Intercom
  • Possible Use: Secondary
  • Stories: 9
  • Bedroom Features: Other

Exterior Features

  • View: Skyline, Ocean View, Water View
  • Exterior Features: East Of Us1, Barbeque, Courtyard
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: GALEN BREAKERS CONDOMINIU
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Guest

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Complex Fenced, Elevator Secure, Card Entry

Condo/Co-op/Association

  • Association Fee: 614
  • Amenities: Bike Storage, Barbecue, Laundry, Elevator(s), Storage, Heated Pool, Other Membership Available, Other Membership Included, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 24-52-05-031-0520
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Cats OK

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 2904

Multi Family

  • Maintenance Expense: 614

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

Closed on
Feb 18, 2026
Sold by
Bought by
Current Estimated Value
$855,468

Purchase Details

Listed on
Jan 23, 2015
Closed on
Mar 28, 2016
Sold by
Bought by
Seller's Agent
valentin tudose
Beachfront Realty Inc
Buyer's Agent
Maria Cecilia Sanchez
Great Properties International LLC
List Price
$699,900
Sold Price
$670,000
Premium/Discount to List
-$29,900
-4.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.42%
Original Mortgage
$422,500
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 20, 1996
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
$138,000
Interest Rate
7.74%
Mortgage Type
New Conventional
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

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
$775,000 None Listed On Document
$670,000 Attorney
$185,000 --
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
Previous Owner $422,500
Previous Owner $138,000
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
03/28/2016 03/28/16 Sold $670,000 -4.3% $506 / Sq Ft
01/17/2016 01/17/16 Pending -- -- --
01/23/2015 01/23/15 For Sale $699,900 -- $528 / Sq Ft
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 $8,479 $576,130 -- --
2024 $7,666 $523,755 -- --
2023 $7,666 $476,141 $0 $0
2022 $7,341 $449,190 $0 $0
2021 $7,243 $427,800 $0 $0
2020 $6,472 $392,000 $0 $0
2019 $6,687 $404,000 $0 $0
2018 $7,621 $475,880 $0 $0
2017 $7,687 $475,880 $0 $0
2016 $2,884 $213,349 $0 $0
2015 $2,926 $211,866 $0 $0
2014 $2,970 $210,185 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • valentin tudose

    Seller's Agent in 2016

    valentin tudose

    Beachfront Realty Inc

    (305) 926-0050

    10 Total Sales

    valentin tudose
    Section Image
  • Maria Cecilia Sanchez

    Buyer's Agent in 2016

    Maria Cecilia Sanchez

    Great Properties International LLC

    (305) 283-7265

    5 Total Sales

    Maria Cecilia Sanchez
    Section Image
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About Galen Breakers

Map

Source: MIAMI REALTORS® MLS

MLS Number: A2062019

MIAMI REALTORS® MLS

APN: 24-5205-031-0520

Florida Miami/Dade County Key Biscayne 33149

550 Ocean Dr Unit 8D, 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.

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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