Home » Key Biscayne » Galen Breakers at 550 Ocean Dr Key Biscayne » 550 Ocean Dr 5C, Key Biscayne, Florida 33149 | A11356200

Sold 550 Ocean Dr 5C, Key Biscayne, Florida 33149

$637,000
closed for a price of $644,000

Property Highlights

Listing ID A11356200 Status of this Listing: Closed Sold Property Type Residential Condominium 2 Bedrooms 2 Bathrooms Total 2 Full Bath Living Space 1,325 Sqft/123.10 m2 approx. Building Area 1,325 Sqft/123.10 m2 approx. COMMUNITY POOL Year Built 1969 Time of this property from published date until Closing Date 35 Days

550 Ocean Dr 5C, Key Biscayne, Florida 33149

Property Description: Great 2/2 condo across from Beach in a quiet boutique building. Spacious and luminous with hurricane-proof windows and a large enclosed balcony, for additional SF from Tax Roll. Tenant occupied till April 1st. Unit has many upgrades in the kitchen. Seller has paid special assessments in full getting ready for 50-year re-certification. Easy to show!

Useful Info

Contingency:No Contingencies
Original List Price:$637,000
Close Price:$644,000
If Bank REO, Short Sale, As Is, etc.:
  • Listed As-is

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Architectural
Style:
  • High Rise
Entry Level (floor):5
Entry Level Location:5
Construction Materials:
  • Block
Flooring:
  • Ceramic Tile
Number of stories:9

Property Features

View from the Property:
  • Garden
  • Other
Waterfront:No
Swimming Pool Features:
  • Association
Furnished:
  • Unfurnished
Appliances:
  • Dishwasher
  • Microwave
  • Electric Range
Interior Features:
  • First Floor Entry
  • Bedroom On Main Level
Exterior Features:
  • Balcony
Patio and Porch Features:
  • Balcony
  • Open
Window Features:
  • Impact Glass
Laundry Features:
  • Common Area
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central
Property Entrance Faces:
  • Northeast

Taxes and Expenses

Tax Annual Amount:$7,229

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2022
Association Fee:$945
Association Fee Frequency:
  • Monthly

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Tenant
Buyer Possession:
  • Closing & Funding
Buyer Financing:
  • Cash
Lease Considered:No

Community

Pets Allowed?:
  • Yes
  • Conditional
Amenities Provided by the Homeowner's Association (HOA):
  • Pool
  • Clubhouse
  • Laundry
  • Storage
  • Elevator(s)
Subdivision Name:GALEN BREAKERS CONDO
Association Fee Includes:
  • Water
  • Other
  • Insurance
Complex Name:GALEN BREAKERS CONDO
Senior Community:No
Restrictions: OK To Lease

Parking

Garage:Yes
Garage Spaces:1
Covered Spaces:1
Parking Features:
  • Covered
  • Assigned
  • Guest

Utilities

Utilities Available:
  • Cable Available

More Details

Other Information:
Unit ViewGarden View,Other View
Housing Older Persons ActNo HOPA
Buy StateFlorida
Unit DesignHigh Rise,Lobby
Type of AssociationCondo
Type of Governing BodiesCondominium
Tax InformationTax Reflects City & County Tax
Buyer Country of ResidenceUSA
Flood ZoneAE
Homeowner's Association Application Fee75
Style Condo 5+ Stories
FEMA Flood Zone DesignationsAE
Municipal Code24
Subdivision Number31

Zoning and Legal

Tax Legal Description:GALEN BREAKERS CONDOMINIUM UNIT 5-C FIFTH FLOOR UNDIV 1.43377% INT IN COMMON ELEMENTS CLERKS FILE 69R-28066 OR 17922-4256 1297 5
Real Estate Folio Number (Parcel Number):24-52-05-031-0270
Public Survey Township:24
Public Survey Range:52
Public Survey Section:5

Listing History

Update/EventDate/Days
Published Date:March 13, 2023 12:00 am
On Market Date:March 13, 2023
Close Date:April 17, 2023
Price Change Date Time:March 13, 2023 3:47 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:April 19, 2023 2:27 pm
Status Last Changed:April 19, 2023 2:27 pm
Photos Last Modified:March 17, 2023 7:05 pm
Last Modified:April 19, 2023 6:28 pm
Days on the Market (updated on Last Modified*):11
Cumulative Days on the Market (updated on Last Modified**):11

Additional Information

Unit Location:High Rise,Lobby
Number of Photos:28
Location:,,
Included:,,
Area:52
Courtesy of:Cervera Real Estate Inc.
Universal Property Id:US-12025-N-2452050310270-R-N

Location

Show Property Address:Yes
Street Name:Ocean Dr
Street Number:550
Street Address:550 Ocean Dr 5C
Unit Number:5C
City : Key Biscayne
State : Florida
Zip Code : 33149
County : Miami-Dade County
Full Address:550 Ocean Dr 5C, Key Biscayne, Florida 33149
Latitude:N25° 41' 26.4''
Longitude:W81° 50' 26.2''

Neighborhood

Postal City:Key Biscayne

Property Map

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