Home » Key Biscayne » Galen Breakers at 550 Ocean Dr Key Biscayne » 550 Ocean Dr 2D, Key Biscayne, FL 33149 | A11652065

550 Ocean Dr 2D, Key Biscayne, FL 33149 | For Sale

$825,000

Property Highlights

Listing ID A11652065 Status of this Listing: Active For Sale 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. Year Built 1969 Lease Term Minimum Duration: 360 What it means?Refers to a regulation set by the property association, stipulating that each rental agreement for the property must be for a duration of at least 360 days. This rule ensures that every time the property is rented out, the lease term cannot be shorter than the specified minimum period. Time of this property on Rebonus 17 Day(s)
32 Photos of this Property

550 Ocean Dr 2D, Key Biscayne, FL 33149

Property Description: This elegantly remodeled 2 beds, 2 baths unit exudes tasteful sophistication. Both the master & second bedrooms are spacious & offer ample closet space. The unit comes with a storage unit under AC. Located in the impeccably run Galen Breakers building, which has been recently remodeled to exude modernism and chic luxury, this property offers an unbeatable location across from beach access, The Ritz Carlton & The Beach Club. Wrap around balcony.

Useful Info

Original List Price:$825,000

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Entry Level (floor):2
Entry Level Location:2
Construction Materials:
  • Block
Flooring:
  • Ceramic Tile
Number of stories:8

Property Features

Waterfront:No
Security:
  • Key Card Entry
Appliances:
  • Disposal
Interior Features:
  • Second Floor Entry
Exterior Features:
  • Barbecue
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central

Taxes and Expenses

Tax Annual Amount:$6,803

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:2023
Association Fee:$1,011
Association Fee Frequency:
  • Monthly
Property Tax Status:Tax Reflects City & County Tax

Terms

Disclosures:
  • Owner Is Listing Agent
Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Call Agent
Buyer Possession:
  • Closing & Funding
Lease Considered:Yes

Community

Amenities Provided by the Homeowner's Association (HOA):
  • Pool
  • Bike Storage
  • Barbecue
  • Elevator(s)
  • Picnic Area
Subdivision Name:GALEN BREAKERS CONDOMINIU
Complex Name:GALEN BREAKERS CONDOMINIU
Senior Community:No

Parking

Garage:Yes
Garage Spaces:1
Covered Spaces:1
Parking Features:
  • One Space

More Details

Other Information:
Unit View: None
Housing Older Persons Act: No HOPA
Unit Design: Corner Unit
Type of Association: Condo
Minimum Number of Days for Lease: 360
Type of Governing Bodies: Condominium
Tax Information: Tax Reflects City & County Tax
Number of times allowed to lease per year: 1
Flood Zone : AE
Homeowner's Association Application Fee: 150
Style: Condo 5+ Stories
FEMA Flood Zone Designations: AE
Municipal Code: 24
Subdivision Number: 31

Zoning and Legal

Tax Legal Description:GALEN BREAKERS CONDOMINIUM UNIT 2-D SECOND FLOOR UNDIV 1.41101% INT IN COMMON ELEMENTS CLERKS FILE 69R-28066 OR 18261-2695 0898 1
Real Estate Folio Number (Parcel Number):24-52-05-031-0040
Public Survey Township:24
Public Survey Range:52
Public Survey Section:12

Listing History

Update/EventDate/Days
Published Date:September 3, 2024 9:57 am
On Market Date:September 3, 2024
Price Change Date Time:September 3, 2024 9:57 am
Last Important Update Description:New Listing
Date and Time of Last Important Update:September 3, 2024 9:57 am
Status Last Changed:September 3, 2024 9:57 am
Photos Last Modified:September 3, 2024 2:26 pm
Last Modified:September 3, 2024 7:01 pm
Days on the Market Reference Date:September 3, 2024
Days on the Market (updated on Last Modified*):0
Cumulative Days on the Market (updated on Last Modified**):0

Additional Information

Unit Location:Corner Unit
Number of Photos Count:32
Area:52
Ref ID:1082242896
Automated Valuation Display:Yes
Courtesy of:Oneness Real Estate, LLC
Universal Property Id:US-12025-N-2452050310040-R-N

Location

Show Property Address:Yes
Street Name:Ocean Dr
Street Number:550
Street Address:550 Ocean Dr 2D
Unit Number:2D
City : Key Biscayne
State : Florida
Zip Code : 33149
County : Miami-Dade County
Full Address:550 Ocean Dr 2D, Key Biscayne, FL 33149
Latitude:N25° 41' 26.7''
Longitude:W81° 50' 26.2''

Neighborhood

Postal City:Key Biscayne

Property Map

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