Condo in 550 Ocean Drive 8B, Key Biscayne, FL 33149 with MLS# A11959898

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.

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Days on the market

550 Ocean Drive 8B, Key Biscayne, FL 33149

Price
Price:
$850,000.00
Original List Price:
$850,000.00
Close Price:
$825,000.00
Transaction closed on:
April 30, 2026
More Listings Same Building:
Galen Breakers in 550 Ocean Dr Key Biscayne
Property Status and Type
Listing Type:
Sold
Status:
Closed
Listing Category:
Residential
Property Type:
Condominium
Description of Last Important Update:
Status Change
Last Major Update on:
April 30, 2026 4:00 am
Other Special Conditions:
Sold As-is
Rooms Distribution
Bedrooms:
2
Bathrooms Total:
2
Full Bath:
2
Room Type:
Den, Game Room, Convertible Bedroom
Master Bedroom Bath:
Master Bdrm - Sitting, Bedroom On Entry Level
Dining Area:
Dining/Living Room
Measures
Living Area:
1,325 Sqft
Property Features
View from the Property:
Other
Waterfront:
Yes
Waterfront Features:
Bayfront
Security:
Smoke Detector(s), Fire Sprinkler System, Other, Entry - Phone/intercom, Elevator Secure
Furnished:
Furnished
Appliances:
Dishwasher, Disposal, Microwave, Refrigerator, Other, Electric Range, Oven
Interior:
Other, Storage
Exterior:
Balcony
Air Conditioning
Air Conditioning System:
Central Air, Electric
Heating
Heating System:
Central, Electric
Property Entrance Faces:
Northeast
Other Equipment:
Intercom, Other
Balcony Details:
Balcony - Open
Storm Protection Impact Glass:
Complete
Construction
Year Built:
1969
Levels:
Two
Construction Materials:
CBS
Flooring:
Other
Number of stories:
9
Number of Units in the Community or Building:
64
Road Frontage Type:
East of US-1
Flood Zone Code:
yes
Property Condition:
Resale, Updated/remodeled
Taxes and Expenses
Tax Annual Amount:
$9,285.00
Tax Year:
2025
Association Fee:
$1,413.00
Association Fee Frequency:
Monthly
Property Tax Details:
City/County
Parking
Garage
Garage Spaces:
1
Covered Spaces:
1
Parking Features:
Garage, Assigned, Guest, Detached, Detached Garage
Utilities
Utilities Available:
Cable Available
Community
Association
Special Assessment
Application Required
Application Fee:
$150.00
Application Information:
3-4 Weeks Approval
Association Type:
Homeowner Association
Pets Allowed?:
Yes, Pet Restrictions Possible
Lease Number Times per Year Allowed:
1
Amenities Provided by the Homeowner's Association (HOA):
Pool, Kitchen Facilities, Community Room, Trash Chute, Clubhouse, Laundry, Management, Maintenance, Storage, Elevator(s), Picnic Area, Jogging Path, Lobby
Subdivision Name:
GALEN BREAKERS CONDOMINIU
Association Fee Includes:
Maintenance Grounds, Cable Tv, Common Areas, Insurance, Hot Water, Legal/accounting, Elevator
Senior Community:
No
Development Name:
GALEN BREAKERS CONDO
Restrictions:
Other Restrictions
Minimum Days per Lease:
90
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Other
Zoning and Legal
Tax Legal Description:
GALEN BREAKERS CONDOMINIUM UNIT 8-B EIGHTH FLOOR UNDIV 1.70687% INT IN COMMON ELEMENTS CLERKS FILE 69R-28066 OR 17718-4789 0697 1
Real Estate Folio Number (Parcel Number):
2452050310500
Public Schools Assigned
Elementary School:
Campbell Drive K-8
High School:
Coral Gables
Middle Or Junior School:
Ponce De Leon
Listing History
Active on the market since:
February 5, 2026
Listing Agreement executed on:
February 5, 2026
Purchase Contract Date:
March 9, 2026
Listing Status Last Changed On:
April 30, 2026 4:00 am
Photos updated on:
May 1, 2026 2:33 pm
Last Modified:
May 1, 2026 2:33 pm
Additional Information
Courtesy of:
Fortune International Realty
Attribution:
Not provided
Location
Floor Number:
8
Street Name:
Ocean
Street Number:
550
Unit Number:
8B
City:
Key Biscayne
State:
Florida
Zip Code:
33149
County:
Miami-Dade
Latitude:
N25° 41' 26.7''
Longitude:
W81° 50' 26.2''
Street Suffix:
Drive
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $171,982
Median Home Value $1,231,500
Median Rent $3,501/mo
Median Age 43
Population 14,628

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 48 Good
☀️ O3 30 Good
🫁 PM2.5 48 Good
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Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available. Properties may be listed or sold by various participants in the MLS.