550 Ocean Dr · Key Biscayne, FL 33149

Galen Breakers

9-story mid-rise, completed 1969, 64 residences in Key Biscayne. 1 for rent on Nov 2, 2026.

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At a glance Galen Breakers (550 Ocean Dr, Key Biscayne) is a 9-story, 64-unit building completed in 1969. As of Nov 2, 2026, no unit is for sale and 1 is for rent; the median closed price was $568 per square foot over 3 sales in the last 24 months. FEMA flood zone AE. Source: Miami Assoc. of REALTORS® MLS via Bridge IDX, Miami-Dade Property Appraiser records and the FEMA flood map.

Photo · MLS listing in this building

For sale: 0
For rent: 1
Median $/SF: $5683 sales · 24 mo
Sold: 1last 12 months
Built: 1969
Floors: 9
Residences: 64county
Flood zone: AEFEMA
Owner-occupied: 53%
Avg. unit: 1,325sq ft

MLS via Bridge IDX · as of Nov 2, 2026 · How these numbers are made

On the market at Galen Breakers.

The weekly MLS snapshot, newest asks first. Each unit opens its full listing: photos, taxes, history. Or check the live feed for today's inventory.

Snapshot as of Nov 2, 2026.

For rent 1 listing · Nov 2, 2026

Unit 7H$5,500/mo$3.79/SF2 bd · 2 ba · 1,450 sflisted today · listed by E Realty International, Inc.Full listing →

Under contract 1

Unit 3H$720,000 · 3 bd

Listings matched to this building's recorded addresses. I don't have to be the listing agent to show you any unit or to negotiate for you. Search condos in 33149

Galen Breakers, floor by floor.

Every unit the MLS has recorded here, placed by its unit number: floors up, lines across, each column as wide as the units in it. Amber is for sale today (a unit listed both for sale and for rent is amber). Hover or tap a unit to read its record.

17 units seen · MLS via Bridge IDX · as of Nov 2, 2026

Under contract 1
For rent 1
Sold or leased, last 12 months 2
Seen in the MLS before that 13
No MLS record seen 23

Tap a unit to read its record here. Amber and white units open their listing page.

Units seen17of 64 residences on record

Floors with units7floors 2 to 9

Lines5stacks of units, by number

Closed $/SF figures use the 2 recorded sales of these units in the 24 months to Nov 2, 2026; a median needs three. Floor, line and size are the record's. Views and orientation are not in it and are not shown.

The largest typical unit is line C, a median 1,325 sf over 3 units seen, recorded with 2 bedrooms.

The lines what the MLS record holds for each stack of units

Line	Units seen	Typical size	Beds	On the market	Closed $/SF · 24 mo
Line B	2	1,325 sf	2	–	1 sale, too few
Line C	3	1,325 sf	2	–	1 sale, too few
Line F	4	1,325 sf	2	–	–
Line G	5	1,325 sf	2	–	–
Line H	3	1,325 sf	2	2	–

2 units in the record sit outside this grid (2D, 3E): penthouse, townhouse or ground-level numbers, or lines seen only once or twice.

How this is drawn: a unit's floor and line come from its MLS unit number alone (5614 is floor 56, line 14). A cell exists only where the MLS has recorded a listing, a closing or a lease; a blank means no record was seen, not that no unit exists. Column widths follow each line's median recorded living area. Pre-construction towers and buildings with a thin record have no drawing.

Floor and line from the MLS unit number; a blank cell means no record was seen. How these numbers are made

The read on Galen Breakers.

Activity as of Nov 2, 2026

A quiet record. The most recent sale on record closed Apr 30, 2026; 14 sales are on record since 2020.

Read the full record 4 paragraphs and 10 facts, every figure from the MLS and county record

Built in 1969, Galen Breakers is a 9-story mid-rise at 550 Ocean Dr in Key Biscayne. The Miami-Dade Property Appraiser lists 64 residential units, averaging 1,325 SF of living area.

Nothing was listed for sale on November 2, 2026, though one unit was under contract. One sale closed between November 2, 2025 and November 2, 2026 at $825K, $623/SF. The year before saw two closed sales.

One unit was offered for rent at $5,500 a month. One lease was signed over the same 12 months, at $3,950 a month.

About 53% of the residences are owner-occupied according to county records.

Sources: Miami Assoc. of REALTORS® MLS via Bridge IDX (activity as of November 2, 2026), Miami-Dade Property Appraiser records. Blanks mean the record doesn't state it; nothing here is estimated.

The record

Address: 550 Ocean Dr, Key Biscayne 33149
Neighborhood: Key Biscayne
Year built: 1969
Floors: 9
Residences (county-verified): 64
Owner-occupied: 53% of residences
Avg. unit size: 1,325 sq ft
Total living area: 84,800 sq ft
County condo folios: 64
Recorded MLS listings: 25

The numbers at Galen Breakers.

Every sale and lease the MLS has recorded at this address, sales first.

MLS via Bridge IDX · as of Nov 2, 2026

Median $/SF by year closed

Every recorded sale at this address, 2020 to 2026. Count in the tooltip.

Pale bars: fewer than three sales that year, so the bar is the sale itself or the average of two, too few for a median.

Year by year, every recorded closing

Year	Sales	Median $/SF	Leases	Median rent
2026 (to date)	1	$623*	–	–
2025	2	$567*	3	$4,500/mo
2024	1	$547*	1	$4,000/mo*
2023	2	$496*	1	$4,500/mo*
2022	–	–	2	$5,050/mo*
2021	6	$400	1	$3,500/mo*
2020	2	$383*	1	$2,660/mo*
2019	–	–	1	$2,650/mo*

* Fewer than three closings that year: the figure is the closing itself or the average of two, too few for a median.

Show all closings 14 sales · 10 leases on record since 2020

Closed sales Nov 2, 2024 to Nov 2, 2026 · 3

Unit	BD	BA	SF	Asked	Closed	$/SF	Close date	DOM
8B	2	2	1,325	$850,000	$825,000	$623	Apr 30, 2026	32
3C	2	2	1,325	$779,000	$752,000	$568	Jun 20, 2025	28
3E	2	2	1,325	$775,000	$750,000	$566	May 2, 2025	72

Leases signed Nov 2, 2025 to Nov 2, 2026 · 1

Unit	BD	BA	SF	Asked/mo	Leased/mo	$/SF/mo	Lease date	DOM
6F	2	2	1,325	$4,200/mo	$3,950/mo	$2.98	Dec 1, 2025	32

Data: Miami Assoc. of REALTORS® MLS via Bridge IDX, as of Nov 2, 2026. Listings matched to this building's recorded addresses; pending includes under-contract. Closed listings shown as records only, no photos. Blanks mean the record doesn't state it. How these numbers are made

The file on Galen Breakers.

The rules on record, the documents in my files, the two Florida checks every buyer should run, and the buildings around it. Each card opens.

FEMA flood zone

AE

Inside FEMA's Special Flood Hazard Area. A federally backed mortgage requires flood insurance here.

What the zone means

The 1% annual chance ("100-year") flood area, with a base flood elevation set.
Base flood elevation 9 ft (NGVD29).
The zone is a map line, not a premium. Ask the association for its master flood policy, and get a flood quote for the specific unit before you commit.

FEMA National Flood Hazard Layer, checked at the building's mapped location on Oct 12, 2026. Open the official map ↗

Milestone structural inspection

Turned 30 in 1999

The statute's first deadline for a building this age was December 31, 2024, then every 10 years.

What the deadline means

Based on year built 1969 (county record). The statute counts from the certificate of occupancy date, which can differ.
The association must give every owner the inspector's summary. Ask for it, and for the structural integrity reserve study, before you commit.

Fla. Stat. § 553.899(3) ↗ and Miami-Dade recertification ↗, read Oct 9, 2026. What the deadline means for buyers

Nearby

Around Galen Breakers

5 more nearby

Compare with the two nearest →Every Key Biscayne building →Distances are straight-line. Building data from Miami Assoc. of REALTORS® MLS records via Bridge IDX.

Own here, or looking here

Your next move at Galen Breakers starts here.

Owners: tell me your unit and I'll prepare its value myself. Buyers and renters: I'll tell you when a unit here lists or sells. Either way it starts a conversation with me, not a mailing list.

Enrique Ponte Ojeda on a balcony overlooking the water in Miami — **Enrique Ponte Ojeda**
Licensed Florida Real Estate Agent · Carmona Realty Group

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