550 Ocean Dr #8B
Key Biscayne, FL 33149
- 2 Beds
- 2 Baths
- 1,325 sqft
$825,000
Last Sold: Apr 30, 2026
3% below list $850K
$623/sqft
Est. Refi. Payment $5,551/mo*
$825,000
Last Sold: Apr 30, 2026
3% below list $850K
$623/sqft
Est. Refi. Payment $5,551/mo*
2 Beds
2 Baths
1,325 sqft
Local Information
-- mins to
Home Highlights
Property Type
Condo
Year Built
1969
Living Area
1,325 sqft
Price/Sqft
$623/sqft
Parking
Garage
HOA
$1,413/Monthly
About this House
Amazing luxurious condo on 8th floor offering panoramic island, city, bay & ocean views. Immaculate 2/2 convertible, fully furnished. Situated across the street with private access to white sandy beaches adjacent to the Ritz-Carlton where Galen Breaker residents may enjoy an elevated tropical lifestyle. Completely renovated with marble flooring throughout the unit. Kitchen fully equipped. Porcelain countertops in kitchen and bathroom vanities. Walk-in closets in master suite. Charming boutique building with remodeled lobby, social room, pool & barbeque areas on the ground level. Walking distance to parks, community center, cafes, restaurants, and island shops. Unit is move-in ready.
550 Ocean Dr #8B, Key Biscayne, FL 33149 is a 2 bedroom, 2 bathroom, 1,325 sqft condo built in 1969. It last sold for $825,000 on Apr 30, 2026 (3% below the $850,000 asking price). More recently, it was listed as a rental in December 2024 with an asking price of $6,500 per month. That rental listing was removed on May 1, 2026. It is currently off market. The Trulia Estimate is $820,200, with a rent estimate of $5,323/month.
Home Details for 550 Ocean Dr #8B
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Beds & Baths Number of Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 2 |
Dimensions and Layout Living Area: 1325 Square Feet |
Appliances & Utilities Appliances: Dishwasher, Disposal, Microwave, Other, Electric Range, Refrigerator, OvenDishwasherDisposalLaundry: Common AreaMicrowaveRefrigerator |
Heating & Cooling Heating: Central,ElectricHas CoolingAir Conditioning: Central Air,ElectricHas HeatingHeating Fuel: Central |
Windows, Doors, Floors & Walls Window: Clear Impact Glass, Complete Impact Glass, High Impact Windows, Impact GlassDoor: High Impact DoorsFlooring: Other |
Levels, Entrance, & Accessibility Number of Stories: 9Floors: Other |
View Has a ViewView: Other |
Security Security: Fire Sprinkler System, Smoke Detector, Elevator Secure, Intercom In Lobby, Other |
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Exterior Home Features Exterior: BalconyNo Private Pool |
Parking & Garage Number of Garage Spaces: 1Number of Covered Spaces: 1Has a GarageNo Attached GarageParking Spaces: 1Parking: 1 Space,Assigned,Guest |
Pool Pool: Association |
Frontage WaterfrontWaterfront: BayFrontage Type: Bay/HarborOn Waterfront |
Farm & Range Not Allowed to Raise Horses |
Surface & Elevation Elevation Units: Feet |
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Year Built Year Built: 1969 |
Property Type / Style Property Type: ResidentialProperty Subtype: CondominiumStructure Type: Condo 5+ Stories, CondoArchitecture: Condo 5+ Stories,Condo |
Building Building Name: Galen Breakers CondominiuConstruction Materials: CBS ConstructionAttached To Another Structure |
Property Information Condition: Updated/RemodeledUsage of Home: Unknown/WithheldParcel Number: 2452050310500 |
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Price List Price: $850,000Price Per Sqft: $623/sqft |
Status Change & Dates Off Market Date: Mon Mar 09 2026Possession Timing: Other |
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MLS Status: Closed |
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Direction & Address City: Key BiscayneCommunity: Galen Breakers Condominiu, Galen Breakers Condo |
School Information Elementary School: KeybiscayneJr High / Middle School: Ponce De LeonHigh School: Coral Gables |
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Units in Building: 64 |
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Association for this Listing: A-Miami Association of REALTORSHas an HOAHOA Fee: $1,413/Monthly |
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Contingencies: Pending InspectionsListing Terms: All Cash, Conventional |
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Rent Includes: All Amenities, Cable Tv, Common Area Maintenance, Elevator, Hot Water, Insurance, Landscaping/Lawn Maintenance, Laundry Facilities, Legal/Accounting, Manager |
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Mls Number: A11959898 |
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HOA Amenities: Barbecue,Bike/Jog Path,Clubhouse-Clubroom,Laundry,Community Room,Elevator(s),Storage,Kitchen Facilities,Pool,TrashSource Internet Entire Listing Display |
Last check for updates: about 10 hours ago
Listed by Sofia Espinosa, (305) 409-2895
Fortune International Realty
Bought with: Claudia Meade, (954) 294-3449, United Realty Group Inc.
Originating MLS: A-Miami Association of REALTORS
Source: MIAMI, MLS#A11959898

Price History for 550 Ocean Dr #8B
| Date | Price | Event | Source |
|---|---|---|---|
| 05/01/2026 | $6,500 | ListingRemoved | MIAMI #A11959959 |
| 04/30/2026 | $825,000 | Sold | MIAMI #A11959898 |
| 03/10/2026 | $850,000 | Pending | MIAMI #A11959898 |
| 02/05/2026 | $850,000 | Listed For Sale | MIAMI #A11959898 |
| 01/30/2025 | $6,500 | ListingRemoved | Zillow Rentals |
| 12/19/2024 | $6,500 | Listed For Rent | Zillow Rentals |
| 12/14/2024 | $6,500 | ListingRemoved | MIAMI #A11708650 |
| 12/12/2024 | $6,500 | Listed For Rent | MIAMI #A11708650 |
| 12/11/2024 | $6,500 | ListingRemoved | MIAMI #A11502384 |
| 12/18/2023 | $6,500 | Listed For Rent | MIAMI #A11502384 |
| 07/18/1997 | $200,000 | Sold | N/A |
Market trends in Key Biscayne
Last updated June 2026
Avg. sale price
$1.58M
$113KMoM
Sale-to-List Price
—
Price per sq ft
$945
$37MoM
Available listings
159
9MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $9,285 |
| Assessment | $590,987 |
Home facts updated by county records
Comparable Sales for 550 Ocean Dr #8B
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.09 | Condo | $720,000 | 04/22/26 | 2 | 2 | 1,036 | |
0.23 | Condo | $789,000 | 07/13/26 | 2 | 2 | 1,311 | |
0.23 | Condo | $720,000 | 03/31/26 | 2 | 2 | 1,311 | |
0.09 | Condo | $995,000 | 12/29/25 | 3 | 2 | 1,518 | |
0.20 | Condo | $1,062,750 | 09/02/25 | 2 | 2 | 1,139 | |
0.22 | Condo | $1,195,000 | 12/30/25 | 2 | 2 | 1,310 | |
0.14 | Condo | $520,000 | 03/30/26 | 2 | 2 | 1,109 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 550 Ocean Dr #8B.
What Locals Say about Key Biscayne
At least 116 Trulia users voted on each feature.
94 % Say it's walkable to grocery stores
94 % Say kids play outside
90 % Say it's dog friendly
90 % Say it's walkable to restaurants
86 % Say people would walk alone at night
86 % Say there are sidewalks
79 % Say it's quiet
79 % Say there's holiday spirit
76 % Say they plan to stay for at least 5 years
68 % Say parking is easy
67 % Say streets are well-lit
60 % Say there are community events
58 % Say neighbors are friendly
54 % Say yards are well-kept
52 % Say there's wildlife
50 % Say car is needed
Sourced by Trulia users. Learn more about our methodology.
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