Great 2/2 condo across from Beach in a quiet boutique building. Spacious and luminous with hurricane-proof windows and a large enclosed balcony, for additional SF from Tax Roll. Tenant occupied till April 1st. Unit has many upgrades in the kitchen. Seller has paid special assessments in full getting ready for 50-year re-certification. Easy to show!
Sold for $644,000 on 04/17/23
$644,000
550 Ocean Dr APT 5C, Key Biscayne, FL 33149
2beds
1,325sqft
Condominium
Built in 1969
-- sqft lot
$739,400 Zestimate®
$486/sqft
$4,935 Estimated rent
Home value
$739,400
$680,000 - $806,000
$4,935/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: April 19, 2023 at 11:31am
Listed by:
Corinne Dodd 305-283-2105,
Cervera Real Estate Inc.
Bought with:
Brad Senatore, 3564493
The Keyes Company
Source: MIAMI,MLS#: A11356200
Originating MLS: A-Miami Association of REALTORS
Originating MLS: A-Miami Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Microwave, Electric Range
Features
- Lobby, Other
- Flooring: Ceramic Tile
- Windows: Impact Glass
Interior area
- Total structure area: 1,325
- Total interior livable area: 1,325 sqft
Property
Parking
- Total spaces: 1
- Parking features: Assigned, Covered, Guest
- Garage spaces: 1
Features
- Entry location: First Floor Entry
- Exterior features: Balcony
- Pool features: Association
- Has view: Yes
- View description: Garden, Other
Details
- Parcel number: 2452050310270
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Concrete Block Construction
Condition
- Year built: 1969
Community & neighborhood
Security
- Security features: Intercom In Lobby, Lobby Secured
Location
- Region: Key Biscayne
- Subdivision: Galen Breakers Condo
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $945 monthly
- Amenities included: Laundry, Community Room, Elevator(s), Storage, Pool
Other fees
- Application fee: $75
Other
Other facts
- Listing terms: All Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 4/17/2023 | Sold | $644,000+1.1%$486/sqft |
Source:  MIAMI #A11356200 | ||
| 3/25/2023 | Contingent | $637,000$481/sqft |
Source: MIAMI #A11356200 | ||
| 3/13/2023 | Listed for sale | $637,000+27.7%$481/sqft |
Source: MIAMI #A11356200 | ||
| 11/20/2020 | Listing removed | $499,000$377/sqft |
Source: BHHS EWM Realty #A10862608 | ||
| 6/11/2020 | Price change | $499,000-6.6%$377/sqft |
Source: BHHS EWM Realty #A10862608 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $8,601 +14% | $543,673 +16% |
| 2023 | $7,547 +4.4% | $468,684 +6% |
| 2022 | $7,229 +1.4% | $442,155 +5% |
Find assessor info on the county website
Neighborhood: 33149
Nearby schools
GreatSchools rating
- 7/10Key Biscayne K-8 CenterGrades: PK-8Distance: 0.5 mi
- 5/10Coral Gables Senior High SchoolGrades: 9-12Distance: 7.1 mi
- 6/10Ponce De Leon Middle SchoolGrades: 6-8Distance: 7.2 mi
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Estimated market value
$739,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$739,400