$720,000
550 Ocean Drive 3H
Key Biscayne, FL 33149
GALEN BREAKERS CONDO
Explore the area: Key Biscayne homes for sale · Miami Dade County real estate
Price Check
How this price compares
- Asking price
- $720,000
- Price per sq ft
- N/A
- Original price
- $840,000
- Days on market
- 183
This 3-bedroom condo in ZIP 33149 went under contract with an asking price of $720,000. The asking price has come down 14.3% from its original $840,000. It spent 183 days on the market before going under contract.
Estimated monthly payment
$3,784 /mo
Principal and interest only, based on $144,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $1,413/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $720,000
- Days on Site
- 183 Days
- Bedrooms
- 3
- Total Baths
- 2
- Full Baths
- 2
- Year Built
- 1969
- Property Type
- Condo
- MLS #
- A11998371
- Property Tax
- $9,046 (2025)
- HOA Fees
- $1,413 / Monthly
- Subdivision
- GALEN BREAKERS CONDO
- County
- Miami Dade
- Status
- Under Contract
- Special Conditions
- Listed As Is
About This Property
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.
MLS media linkGeneral Features
- Property Type
- Condo
- Status
- Under Contract
- Year Built
- 1969
- Number of Stories
- 9
- Garage Spaces
- 1
Interior Features
- Appliances
- Dishwasher / Electric Range / Microwave / Refrigerator
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Wood
- Interior Features
- Other
Exterior Features
- Construction
- CBS Concrete Block Structure / Block
- Exterior Features
- Outdoor Living Area / Other
- Pool Features
- Association
- Patio & Porch
- Patio
- View
- Garden
Community & HOA
- HOA Fee
- $1,413 / Monthly
- HOA Includes
- Common Areas / Insurance / Water
- Association Amenities
- Clubhouse / Pool
- Security
- Security System
- Pets Allowed
- Pet Restrictions / Yes
- Financing Terms
- Cash / Conventional / FHA / Va Loan
- Restrictions
- Ok To Lease
- MLS Area
- 2520
Schools
- Elementary School
- Key Biscayne K-8
- Middle School
- Ponce De Leon
- High School
- Coral Gables
About the Area
Browse Key Biscayne homes for sale across every neighborhood and price point in Miami-Dade. Available homes span single-family, townhome, and condo segments throughout the city. Key Biscayne includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Miami-Dade, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Miami-Dade market data, see Florida Realtors' monthly statistics. Browse the latest Key Biscayne listings below. Then connect with a Pure Equity agent to schedule a private showing.
- Homes for Sale
- 141
- Under Contract
- 28
- Median List Price
- $2,650,000
- Median Sale Price (September)
- $1,630,000
- Median $/Sq Ft
- $1,161
- Avg Days on Market
- 130
Frequently Asked Questions
- How do I schedule a tour of 550 Ocean Drive 3H, Key Biscayne, FL 33149?
- Use the Tour button on this listing to request a showing of 550 Ocean Drive 3H, Key Biscayne, FL 33149. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 550 Ocean Drive 3H, Key Biscayne, FL 33149 still available?
- 550 Ocean Drive 3H, Key Biscayne, FL 33149 is currently listed as Under Contract, and has been on the market 183 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 550 Ocean Drive 3H, Key Biscayne, FL 33149?
- With 20% down ($144,000) on the $720,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 550 Ocean Drive 3H, Key Biscayne, FL 33149 is about $3,784/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 550 Ocean Drive 3H, Key Biscayne, FL 33149?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 550 Ocean Drive 3H, Key Biscayne, FL 33149. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 550 Ocean Drive 3H, Key Biscayne, FL 33149 have an HOA fee?
- Yes: 550 Ocean Drive 3H, Key Biscayne, FL 33149 carries an HOA fee of about $1,413 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- What schools serve 550 Ocean Drive 3H, Key Biscayne, FL 33149?
- 550 Ocean Drive 3H, Key Biscayne, FL 33149 is zoned for Key Biscayne K-8 (elementary), Ponce De Leon (middle), Coral Gables (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 550 Ocean Drive 3H, Key Biscayne, FL 33149?
- Often, yes. The right offer on 550 Ocean Drive 3H, Key Biscayne, FL 33149 depends on how it's priced against comparable condo sales in Key Biscayne, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of South Florida Brokers & Assoc
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$720,000
Interested in This Property?
Contact us to schedule a showing or ask a question.
Own a home near this one? See what it would sell for today
Listed by Carlos Pizarro, South Florida Brokers & Assoc
Map & Location
Featured Communities
Cities in Miami-Dade County
Zip Codes in Miami-Dade County
Property Types
Recent Sales
Recently sold homes in ZIP 33149
These are the last 6 recorded closings in ZIP 33149, with the price each home actually sold for rather than what it was listed at. They closed at a median of $1,880 per square foot. The most recent closed on October 5, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$7,767,500
Sold · October 5, 2026
165 Hampton Lane
6 bed · 8.5 bath · 3,842 sqft · $2,022/sqft
$482,500 under the asking price
Sold$1,000,000
Sold · October 1, 2026
455 Grand Bay Drive 717
0 bed · 1 bath · 532 sqft · $1,880/sqft
$88,000 under the asking price
Sold$1,660,000
Sold · September 30, 2026
613 Ocean Drive 5D
2 bed · 2 bath · 1,496 sqft · $1,110/sqft
$110,000 under the asking price
Sold$2,800,000
Sold · September 28, 2026
738 Fernwood Road
3 bed · 2 bath · 1,312 sqft · $2,134/sqft
$75,000 under the asking price
Sold$3,400,000
Sold · September 28, 2026
791 Crandon Boulevard 603
2 bed · 2.5 bath · 2,605 sqft · $1,305/sqft
$195,000 under the asking price
Sold$1,115,000
Sold · September 25, 2026
181 Crandon Boulevard 308
3 bed · 2 bath · 1,720 sqft · $648/sqft
$35,000 under the asking price
See every recorded sale in ZIP 33149 or find out what your ZIP 33149 home is worth.
