How do I schedule a tour of 550 Ocean Drive 8B, Key Biscayne, FL 33149?

Use the Tour button on this listing to request a showing of 550 Ocean Drive 8B, 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 8B, Key Biscayne, FL 33149 still available?

550 Ocean Drive 8B, Key Biscayne, FL 33149 is currently listed as Sold, and has been on the market 32 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 8B, Key Biscayne, FL 33149?

With 20% down ($170,000) on the $850,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 550 Ocean Drive 8B, Key Biscayne, FL 33149 is about $4,467/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 8B, 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 8B, 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 8B, Key Biscayne, FL 33149 have an HOA fee?

Yes: 550 Ocean Drive 8B, 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 8B, Key Biscayne, FL 33149?

550 Ocean Drive 8B, 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 8B, Key Biscayne, FL 33149?

Often, yes. The right offer on 550 Ocean Drive 8B, 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.

Sold

32 Days on Market

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$825,000

Sold · April 30, 2026

550 Ocean Drive 8B

Key Biscayne, FL 33149

GALEN BREAKERS CONDOMINIU

Explore the area: Key Biscayne homes for sale · Miami Dade County real estate

Sale Summary

What this home sold for

Sold price: $825,000
Vs. list price: 2.9% under
Days on market: 32
Price per sq ft: $623

This 2-bedroom condo in ZIP 33149 sold for $825,000 on April 30, 2026. That was 2.9% below its final list price of $850,000. It spent 32 days on the market. At $623 per square foot, it closed 48.4% below the $1,208 median of the 4 other condo sales in the recent closings shown below.

Bedrooms

Bathrooms

1,325

Living Sq Ft

1969

Year Built

Listing Snapshot

Sold Price: $825,000
Sold On: April 30, 2026
Days on Site: 32 Days
Bedrooms: 2
Total Baths: 2
Full Baths: 2
Partial Baths: 0
Living Area: 1,325 sqft
Year Built: 1969
Property Type: Condo
MLS #: A11959898
Property Tax: $9,285 (2025)
HOA Fees: $1,413 / Monthly
Subdivision: GALEN BREAKERS CONDOMINIU
Development: GALEN BREAKERS CONDO
County: Miami Dade
Status: Sold
Special Conditions: Listed As Is

About This Property

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.

MLS media link

General Features

Property Type: Condo
Status: Sold
Year Built: 1969
Property Condition: Resale / Updated Remodeled
Number of Stories: 9
Garage Spaces: 1
Parking: Assigned / Detached / Garage / Guest
Direction Faces: Northeast
Living Sq Ft: 1,325

Interior Features

Appliances: Dishwasher / Electric Range / Disposal / Microwave / Oven / Refrigerator
Cooling: Central Air / Electric
Heating: Central / Electric
Flooring: Other
Interior Features: Bedroom On Main Level / Living Dining Room / Other / Sitting Area In Primary / Storage
Total Rooms: 3
Furnished: Furnished

Exterior Features

Construction: Block
Exterior Features: Balcony / Outdoor Living Area
Pool Features: Association
Patio & Porch: Open / Balcony
Waterfront: Yes
Waterfront Features: Bayfront
View: Other

Community & HOA

HOA Fee: $1,413 / Monthly
HOA Includes: Common Areas / Cable Tv / Hot Water / Insurance / Legal Accounting / Maintenance Grounds
Association Amenities: Clubhouse / Community Kitchen / Maintenance Grounds / Laundry / Management / Picnic Area / Pool / Storage / Trails / Trash / Elevators
Community Features: Home Owners Association
Security: Elevator Secured / Fire Sprinkler System / Other / Phone Entry / Smoke Detectors
Utilities: Cable Available
Pets Allowed: Pet Restrictions / Yes
Financing Terms: Cash / Conventional
Restrictions: Other Restrictions
MLS Area: 2520

Schools

Elementary School: Key Biscayne K-8
Middle School: Ponce De Leon
High School: Coral Gables

About the Area

Key Biscayne

View Key Biscayne Real Estate →

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

View all 141 homes for sale in Key Biscayne →

Frequently Asked Questions

How do I schedule a tour of 550 Ocean Drive 8B, Key Biscayne, FL 33149?: Use the Tour button on this listing to request a showing of 550 Ocean Drive 8B, 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 8B, Key Biscayne, FL 33149 still available?: 550 Ocean Drive 8B, Key Biscayne, FL 33149 is currently listed as Sold, and has been on the market 32 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 8B, Key Biscayne, FL 33149?: With 20% down ($170,000) on the $850,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 550 Ocean Drive 8B, Key Biscayne, FL 33149 is about $4,467/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 8B, 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 8B, 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 8B, Key Biscayne, FL 33149 have an HOA fee?: Yes: 550 Ocean Drive 8B, 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 8B, Key Biscayne, FL 33149?: 550 Ocean Drive 8B, 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 8B, Key Biscayne, FL 33149?: Often, yes. The right offer on 550 Ocean Drive 8B, 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 Fortune International Realty

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 August 30, 2026.

$825,000

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Listed by Sofia M Espinosa, Fortune International Realty

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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.