550 Ocean Drive 3H, Key Biscayne, FL 33149

$720,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A11998371

Property Type: Residential Bedrooms: 3 Baths: 2 Status: Active

Current Price: $720,000 List Date: 4/09/2026 Last Modified: 7/02/2026

Overview

Description

Bright and spacious 2-bedroom + den / 2-bath residence with an enclosed balcony and floor-to-ceiling windows that flood the unit with natural light. The den offers true flexibility as a third bedroom, office, or additional living space. Oversized primary suite with walk-in closet and well-sized secondary bedroom. Impact windows in bedrooms. Galen Breakers is a well-maintained boutique building with heated pool, BBQ area, and party room. Prime Key Biscayne location within walking distance to the beach, dining, and shops. Includes 1 parking space.

Listing Details MLS# A11998371

General Property Information

Unit Floor #: 3
Property Sub Type: Condominium
Bedrooms Total: 3
Bathrooms Total: 2
Bathrooms Full: 2
Year Built: 1969
Garage YN: Yes
Garage Spaces: Yes
Covered Spaces: Yes
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Stories Total: 9

Property Features

Application Information: 1-2 Weeks Approval Association Fee Includes: Common Areas; Insurance; Water Exterior Features: Other Flooring: Wood Leasing Permitted Details: Okay To Lease Appliances: Dishwasher; Electric Range; Microwave; Refrigerator Construction Materials: CBS Cooling: Central Air Association Type: Condominium Heating: Central Listing Terms: Cash; Conventional; FHA; VA Loan Pets Allowed YN: Yes Pets Allowed: Pet Restrictions Possible Possession: Close Of Escrow; Negotiable Security Features: Security System Special Information: Sold As-Is Unit Description: Garden Apartment; High Rise View: Garden Showing Requirements: Call Listing Agent Outdoor Living Spaces: Patio

Contract Information

Comp Sale YN: No
Original List Price: 840000
Occupant Type: Tenant

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 550
Street Name: Ocean
Street Suffix: Drive
Unit Number: 3H
City Name: Key Biscayne
Municipal Code: 24
State Or Province: FL
Postal Code: 33149
Postal Zip: 33149
Subdivision Name: GALEN BREAKERS CONDO
Area: 2520
Elementary School: Key Biscayne K-8
Middle Or Junior School: Ponce De Leon
High School: Coral Gables
Special Assessment YN: No
Parcel Number: 2452050310160
Subdivision Number: 31

Financial Information

Association YN: Yes
Association Fee: 1413
Association Fee Frequency: Monthly
Application Required YN: Yes
Estimated Monthly Assoc Recurring Fee: 1413
Membership Fee Required YN: No
Tax Annual Amount: 9046
Tax Year: 2025
Tax Legal Description: GALEN BREAKERS CONDOMINIUM UNIT 3-H THIRD FLOOR UNDIV 1.36550% INT IN COMMON ELEMENTS CLERKS FILE 69R-28066 73R-152137 OR 19044-1168 0300 1

Status Change Information

Major Change Timestamp: 2026-07-02T19:39:32Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-07-02T19:39:32Z
Status Change Date: 2026-04-09

More Information

Application Fee Details

Application Fee Required: Yes
Application Fee: 150

Entry Information

Entry Level: Yes

Leasing Permitted Details

Leasing Permitted YN: Yes
Okay To Lease: Yes

Leasing Restrictions

Leasing - Max Times Per Year: Yes
Leasing - Minimum Number of Days: 365

Section Details

Parcel Number MLX: 0160

Originating Details

Originating System Key: 452360145
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Application Information

1-2 Weeks Approval: Yes

Amenities

Clubhouse: Yes
Pool: Yes

Association Fee Includes

Common Areas: Yes
Insurance: Yes
Water: Yes

Exterior Features

Other: Yes

Flooring

Wood: Yes

Possession

Close Of Escrow: Yes
Negotiable: Yes

Special Information

Sold As-Is: Yes

View

Garden: Yes

Heating

Central: Yes

Unit Description

Garden Apartment: Yes
High Rise: Yes

Appliances

Dishwasher: Yes
Electric Range: Yes
Microwave: Yes
Refrigerator: Yes

Construction Materials

CBS: Yes

Listing Terms

Cash: Yes
Conventional: Yes
FHA: Yes
VA Loan: Yes

Security Features

Security System: Yes

Cooling

Central Air: Yes

Association Type

Condominium: Yes

Showing Requirements

Call Listing Agent: Yes

Master Bedroom/Bath

Other: Yes

Pets Allowed YN

Yes: Yes

Pets Allowed

Pet Restrictions Possible: Yes

Outdoor Living Spaces

Patio: Yes

Listing Office: South Florida Brokers & Assoc

Last Updated: July - 02 - 2026

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550 Ocean Drive 3H, Key Biscayne, FL 33149 (MLS# A11998371)