$826,400
- 2 Beds
- 2 Baths
- 1,325 sqft
550 Ocean Dr #8B, Key Biscayne, FL 33149
Est. Refi. Payment $5,736/mo*
Refinance Your HomeCurrently Off Market - Sold Apr 30, 2026 for $825,000 (3% below list price)
Home Value
Trulia Estimate
$826KSince last month
Increased$7K (+0.8%)Since last year
Increased$111K (+15.5%)Since last sale
Increased$1K (+0.2%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +42% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $826K |
| August 2026 | $820K |
| July 2026 | $819K |
| June 2026 | $821K |
| May 2026 | $822K |
| April 2026 | $816K |
| March 2026 | $820K |
| February 2026 | $824K |
| January 2026 | $722K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.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 | |
0.22 | Condo | $1,195,000 | 12/30/25 | 2 | 2 | 1,310 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.06 | $698,600 | Studio | 1 | 376 | Off Market | |
0.06 | $638,300 | Studio | 1 | 354 | Off Market | |
0.06 | $712,700 | Studio | 1 | 532 | Off Market | |
0.06 | $1,075,000 | Studio | 1 | 532 | Recently Sold | |
0.06 | $1,605,000 | 1 | 1 | 791 | Recently Sold | |
0.06 | $950,000 | Studio | 1 | 378 | Recently Sold | |
0.06 | $675,400 | Studio | 1 | 376 | Off Market | |
0.06 | $663,600 | Studio | 1 | 354 | Off Market | |
0.06 | $641,300 | Studio | 1 | 354 | Off Market | |
0.06 | $828,100 | Studio | 1 | 448 | Off Market | |
0.06 | $1,836,500 | 1 | 1 | 849 | Off Market | |
0.06 | $757,700 | Studio | 1 | 378 | Off Market |
Local Information
-- mins to
Home Highlights
Condo
Built in 1969
1,325 sqft
$623/sqft
Garage
HOA $1,413/mo
About this House
What's unique:Fully furnishedSocial roomKitchen fully equippedCharming boutique buildingRemodeled lobby
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. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $826,400, with a rent estimate of $5,160/month.
Last check for updates: about 15 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

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 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
May 1, 2026 Source: MIAMI #A11959959 | ListingRemoved | $6,500 |
Apr 30, 2026 Source: MIAMI #A11959898 | Sold | $825,000 |
Mar 10, 2026 Source: MIAMI #A11959898 | Pending | $850,000 |
Feb 5, 2026 Source: MIAMI #A11959898 | Listed For Sale | $850,000 |
Jan 30, 2025 Source: Zillow Rentals | ListingRemoved | $6,500 |
Dec 19, 2024 Source: Zillow Rentals | Listed For Rent | $6,500 |
Dec 14, 2024 Source: MIAMI #A11708650 | ListingRemoved | $6,500 |
Dec 12, 2024 Source: MIAMI #A11708650 | Listed For Rent | $6,500 |
Dec 11, 2024 Source: MIAMI #A11502384 | ListingRemoved | $6,500 |
Dec 18, 2023 Source: MIAMI #A11502384 | Listed For Rent | $6,500 |
Jul 18, 1997 Source: N/A | Sold | $200,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $9,285 | $590,987 |
Home facts updated by county records
Market trends in Key Biscayne
Last updated August 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
142
2MoM
Around this home
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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

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.
Frequently asked questions about 550 Ocean Dr #8B
- What is 550 Ocean Dr #8B estimated to be worth?Trulia's estimated value for 550 Ocean Dr #8B in Key Biscayne, FL is $826,400.
- What is the price history for 550 Ocean Dr #8B?550 Ocean Dr #8B in Key Biscayne, FL last sold for $825,000 in April 2026.
- Is Key Biscayne a buyer's or seller's market?Key Biscayne is currently a buyer's market, based on recent for-sale activity.
- What do residents say about Key Biscayne?Residents describe Key Biscayne, FL as walkable to grocery stores, dog-friendly, and walkable to restaurants. See recently sold homes in Key Biscayne, FL.
- Does 550 Ocean Dr #8B have air conditioning?Yes, 550 Ocean Dr #8B in Key Biscayne, FL has air conditioning.
- Does 550 Ocean Dr #8B have a pool?Yes, 550 Ocean Dr #8B in Key Biscayne, FL has a pool.

