550 Ocean Dr #8B, Key Biscayne, FL 33149
Property image
Property image
SOLD
APR 30, 2026

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

  • Map ViewExplore the area around 550 Ocean Dr #8B.
  • Schools2 Preschool Schools1 Elementary School2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

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

Interior Features

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

Exterior Features

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

Property Information

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

Price & Status

Price
List Price: $850,000Price Per Sqft: $623/sqft
Status Change & Dates
Off Market Date: Mon Mar 09 2026Possession Timing: Other

Active Status

MLS Status: Closed

Location

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

Community

Units in Building: 64

HOA

Association for this Listing: A-Miami Association of REALTORSHas an HOAHOA Fee: $1,413/Monthly

Offer

Contingencies: Pending InspectionsListing Terms: All Cash, Conventional

Rental Terms, Policies & Fees

Rent Includes: All Amenities, Cable Tv, Common Area Maintenance, Elevator, Hot Water, Insurance, Landscaping/Lawn Maintenance, Laundry Facilities, Legal/Accounting, Manager

Miscellaneous

Mls Number: A11959898

Additional Information

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

DatePriceEventSource
05/01/2026$6,500ListingRemovedMIAMI #A11959959
04/30/2026$825,000Sold
MIAMI #A11959898
03/10/2026$850,000PendingMIAMI #A11959898
02/05/2026$850,000Listed For SaleMIAMI #A11959898
01/30/2025$6,500ListingRemovedZillow Rentals
12/19/2024$6,500Listed For RentZillow Rentals
12/14/2024$6,500ListingRemovedMIAMI #A11708650
12/12/2024$6,500Listed For RentMIAMI #A11708650
12/11/2024$6,500ListingRemovedMIAMI #A11502384
12/18/2023$6,500Listed For RentMIAMI #A11502384
07/18/1997$200,000Sold
N/A

Market trends in Key Biscayne

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$1.58M
$113K
MoM
Sale-to-List Price
—
Price per sq ft
$945
$37
MoM
Available listings
159
9
MoM
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Property Tax and Assessment

Year2025
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

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Assigned Schools

These are the assigned schools for 550 Ocean Dr #8B.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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.
  • Othoniel Marlieri
    "Key Biscayne os a perfect place to leave, but need more attention about basic things like a Super Market and safe environment. "
  • Mariafedc
    "There are lots of places that are dog friendly. There’s a dog park. Many dog owners live in the area. "
  • Lladom
    "Very safe and friendly community. Excellent for growing up kids. Traffic is the downside. Best town in South Florida by large."
  • Ericazc
    "Christmas, 4th of July, and many other beautiful family events happens in the island. Great place for the kids. "
  • Deborah B.
    "Have been spending winters here for 53 years. Love the family focus, beautiful beaches and public amenities. Thoughtful services like free Freebee pick ups and transportation to shopping make the Key accessible for teens to seniors. "
  • Mati P.
    "Its beautiful, peaceful and safe. I feel great living here. It’s lush, people are friendly, and respectful. It’s a great place to raise a family. The community is very pretty, Gardenia are manicured. There’s beautiful beaches and gorgeous homes. The school is pretty good as well. "
  • Ayishamartins
    "Some places do not allow dogs but there is a dog park weather like a bunch of dogs and mostly it’s pretty nice"
  • Mati P.
    "This is a safe neighborhood, kids walk by themselves all the time. It makes me feel safe to life here. "
  • Luis D.
    "Halloween’s decoration and fully of events in that day. Many sports in Village green. The community center has many events for all the family "
  • Adrian.grottola
    "Very friendly for pets (dogs) with great special spaces for them and many dog walkers in the island."
  • Mathew P.
    "The unity and the sense of community. The safety and sense of family oriented households that attribute to a beautiful place to live. "
  • Ivan M.
    "Save and quite perfect place for a family. There are as a public transportation electric’s cars around the island. "
  • Mayra
    "Great neighborhood! They celebrate Halloween, Christmas, Easter and much more! A lot of activities and sports for kids"
  • Efrao
    "Great place to live and I don’t commute everything is close by and i walk to work. Public transportation is great "
  • Kikisammataro
    "Halloween is a big event. Saturday has a farmers market. Kids are safe. Many schools and parks. Including dog park. "
  • Mayra
    "This is a very safe family neighborhood. Kids run freely and there’s a lot of activities for them. The school is great but the classrooms have more students than it should."
  • Ljsklein
    "My building is dog friendly. It seems like most of the people have dogs and love to walk them. We all clean up after our dogs. There’s poop bags in containers around the building with a place to dispose of them. There is also a dog park on the Key. "
  • Maria
    "I don’t have dogs. There’s a very nice dog park right next to the green field. Dogs are not allowed in the field, that is why they have their dog park, but the many owners don’t follow the rules which is very annoying. Most of all when you get the smell when exercising...."
  • Fabio
    "Great Place to leave. Good people, privacy, no crime. Walkable area, beach access, wide kind of services. Thanks "
  • Dani.montenegro
    "I can’t give my opinion because I don’t have dogs, cat or any other pet. And there are many dog owners in KB but most of them are not very respectful with people who don’t. "
  • Dcas
    "Great area for kids and young families. Very safe neighborhood and extremely easy to walk or ride a bike anywhere "
  • Kiragrossman
    "They would absolutely love the dog park. There are two sides for bigger dogs and smaller dogs. Everyone is very friendly "
  • Kiragrossman
    "This is a Great place to live. The neighborhoods are safe and it’s a great location. Great for children. Good restaurants shops"
  • Sandra S.
    "I love this neighborhood, I have everything I need is quiet and safe, walk to most places and has two state parks"
  • Kimbokak
    "Friendly, kind neighbors, close to everything, and safe. You can do pretty much everything on the island, but it is more expensive."
  • Garandrew
    "I am visiting for vacations and love this place. Nice neighborhood and friendly people. Very likely I will recommend it to my friends and family. "
  • Thengea
    "If you don't have to commute out of the island it's wonderful. Otherwise, every event causes so much traffic. Living on an island is a blessing but the peoole really don't say hello or even make eye contact at the stores or parks :/"

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Homes for sale near 550 Ocean Dr #8B

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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.