550 Ocean Dr is located in Key Biscayne, across from the beach. It stands at the intersection of Collins Avenue and 71st Street. The building has a strong presence with its 9 stories showcasing beautiful views of the ocean, skyline, and garden. The nearest significant water body is the Atlantic Ocean, enhancing the coastal charm of the area.
The building consists of 45 condominium units, each offering between 1,275 and 1,375 square feet of living space. These units typically have 2 bedrooms. Construction was completed in 1969, giving the building a classic feel while maintaining modern features. Recent unit prices range from $750,000 to $752,000, with an average price per square foot around $568.
Many amenities enrich life at 550 Ocean Dr. There is a heated pool for relaxing days under the sun. The clubhouse and community room provide spaces for social gatherings, while the barbecue area and private beach pavilion encourage outdoor enjoyment. Families appreciate the child play area and hobby room, keeping everyone entertained.
Unit layouts often include floor-to-ceiling windows that open up the views. Most condos have enclosed balconies, enhancing living space. Some corner units provide even better sightlines. The building also features hurricane impact windows for added safety and comfort.
Local points of interest include the Brand Institute for education and nearby restaurants like El Gran Inka and Archie's Pizza. The building's location also offers great accessibility to nearby attractions, including The Ritz Carlton and The Beach Club. Average days on the market for the building are around 104, reflecting its appeal in the Key Biscayne market.
550 Ocean Dr is located in Key Biscayne, across from the beach. It stands at the intersection of Collins Avenue and 71st Street. The building has a strong presence with its 9 stories showcasing beautiful views of the ocean, skyline, and garden. The nearest significant water body is the Atlantic Ocean, enhancing the coastal charm of the area.
The building consists of 45 condominium units, each offering between 1,275 and 1,375 square feet of living space. These units typically have 2 bedrooms. Construction was completed in 1969, giving the building a classic feel while maintaining modern features. Recent unit prices range from $750,000 to $752,000, with an average price per square foot around $568.
Many amenities enrich life at 550 Ocean Dr. There is a heated pool for relaxing days under the sun. The clubhouse and community room provide spaces for social gatherings, while the barbecue area and private beach pavilion encourage outdoor enjoyment. Families appreciate the child play area and hobby room, keeping everyone entertained.
Unit layouts often include floor-to-ceiling windows that open up the views. Most condos have enclosed balconies, enhancing living space. Some corner units provide even better sightlines. The building also features hurricane impact windows for added safety and comfort.
Local points of interest include the Brand Institute for education and nearby restaurants like El Gran Inka and Archie's Pizza. The building's location also offers great accessibility to nearby attractions, including The Ritz Carlton and The Beach Club. Average days on the market for the building are around 104, reflecting its appeal in the Key Biscayne market.
Description
550 Ocean Dr is located in Key Biscayne, across from the beach. It stands at the intersection of Collins Avenue and 71st Street. The building has a strong presence with its 9 stories showcasing beautiful views of the ocean, skyline, and garden. The nearest significant water body is the Atlantic Ocean, enhancing the coastal charm of the area.
The building consists of 45 condominium units, each offering between 1,275 and 1,375 square feet of living space. These units typically have 2 bedrooms. Construction was completed in 1969, giving the building a classic feel while maintaining modern features. Recent unit prices range from $750,000 to $752,000, with an average price per square foot around $568.
Many amenities enrich life at 550 Ocean Dr. There is a heated pool for relaxing days under the sun. The clubhouse and community room provide spaces for social gatherings, while the barbecue area and private beach pavilion encourage outdoor enjoyment. Families appreciate the child play area and hobby room, keeping everyone entertained.
Unit layouts often include floor-to-ceiling windows that open up the views. Most condos have enclosed balconies, enhancing living space. Some corner units provide even better sightlines. The building also features hurricane impact windows for added safety and comfort.
Local points of interest include the Brand Institute for education and nearby restaurants like El Gran Inka and Archie's Pizza. The building's location also offers great accessibility to nearby attractions, including The Ritz Carlton and The Beach Club. Average days on the market for the building are around 104, reflecting its appeal in the Key Biscayne market.
550 Ocean Dr Key Stats Last 12 months
Avg. Listed Price$784,334($593/Sqft.)
Avg. Sale Price$751,000($568/Sqft.)
Year over year list price1.20%
Year over year sale price3.59%
Total Listings3 Listed
Total sold2 Sold
Average Days on Market104 days
Average HOA fees per sqft$1 /monthly
Key Stats
Year over year list price1.20%
Year over year sale price3.59%
Total Listings3 Listed
Total sold2 Sold
Average Days on Market104 days
Average HOA fees per sqft$1 /monthly
Glen Gardens Estate Availability & Demand
Unit Availability
-
High availability buildings list units frequently.
Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.
Unit Demand
-
Units in high-demand buildings sell quicker.
Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.
Imagine taking advantage of resort-style living every day! Galen Breakers boasts a variety of wonderful amenities that can elevate your lifestyle. You can chill out by the heated pool or take the little ones to the child play area after dining at the barbecue facilities. A private beach pavilion beckons you for sun-soaked days, while the hobby room and community room provide spaces for creativity and connections with neighbors. The convenience of laundry services and elevators only adds to the allure—everything you need is right at your fingertips!
Amenities Description
Imagine taking advantage of resort-style living every day! Galen Breakers boasts a variety of wonderful amenities that can elevate your lifestyle. You can chill out by the heated pool or take the little ones to the child play area after dining at the barbecue facilities. A private beach pavilion beckons you for sun-soaked days, while the hobby room and community room provide spaces for creativity and connections with neighbors. The convenience of laundry services and elevators only adds to the allure—everything you need is right at your fingertips!
Parking
Locker
Concierge
Elevator(s)
Central AC
Pool
Fitness Center
-
Visitors Parking
Amenities
Elevator(s)
Barbeque
Barbecue
Hobby Room
Bike Storage
Pool
Community Room
Private Pool
Fire Alarm
TV Camera
Laundry
Storage
Balcony
Smoke Detector(s)
Policies
Living at Galen Breakers comes with a few simple building policies to maintain a comfortable environment for all residents. For those of you with furry friends in mind, you’ll be happy to know that cats are welcomed while other types of pets are not part of the community. It's essential to be mindful of these rules so that living here feels like a true sanctuary for everyone.
Amenities Description
Living at Galen Breakers comes with a few simple building policies to maintain a comfortable environment for all residents. For those of you with furry friends in mind, you’ll be happy to know that cats are welcomed while other types of pets are not part of the community. It's essential to be mindful of these rules so that living here feels like a true sanctuary for everyone.
Pet Allowed
BBQ Permitted
Sublet Allowed
Short-term Rental Allowed
Compare with Buildings in the Neighbourhood (Last 12 Months)
Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby
Building Name
Avg price per square foot
AVG HOA FEE per square foot (Monthly)
550 Ocean Dr
$568/sqft.
$1 /sqft.
590 Ocean Dr
$590/sqft.
$1 /sqft.
301 North Sunrise Condo
$698/sqft.
$2 /sqft.
301 Sunrise Dr
$698/sqft.
$2 /sqft.
300 Galen Dr
$533/sqft.
$2 /sqft.
455 Grand Bay Dr
$1,542/sqft.
$1 /sqft.
Nearby Schools
In Key Biscayne, 550 Ocean Dr benefits from nearby schools within easy reach. Educational institutions within 2 miles reduce travel time for families. This convenient access supports balanced daily routines. The location promotes comfortable urban living.
Key Biscayne K-8 Center
A
Public|Grades PK–5
150 W McIntyre St|0.47 miles away
St Agnes Academy
--
Private|Grades PK–8
122 Harbor Dr|0.73 miles away
Key Biscayne Presbyterian School
--
Private|Grades PK–1
160 Harbor Dr|0.79 miles away
Schools
What to know about schools
Description
In Key Biscayne, 550 Ocean Dr benefits from nearby schools within easy reach. Educational institutions within 2 miles reduce travel time for families. This convenient access supports balanced daily routines. The location promotes comfortable urban living.
Key Biscayne K-8 Center
A
Public|Grades PK–5
150 W McIntyre St|Less than 1 Mile Away
St Agnes Academy
--
Private|Grades PK–8
122 Harbor Dr|Less than 1 Mile Away
Key Biscayne Presbyterian School
--
Private|Grades PK–1
160 Harbor Dr|Less than 1 Mile Away
Transit
550 Ocean Dr is located in a well-connected part of Key Biscayne, Key Biscayne, supported by nearby public transportation. Transit options within a 2-mile radius improve accessibility for daily commuting. Residents enjoy convenient travel across surrounding neighborhoods and downtown areas. This connectivity enhances overall quality of urban living.
CRANDON BD & #235 (KEY COLONY)
0.51 miles away|10 min walk
CRANDON BD & # 951 US.POST OFFICE
0.38 miles away|8 min walk
CRANDON BD & CRANDON GOLF COURSE
1.61 miles away|31 min walk
CRANDON BD & E ENID DR
0.28 miles away|6 min walk
CRANDON BD & E WOOD DR
0.33 miles away|7 min walk
CRANDON BD & GALEN DR
0.26 miles away|5 min walk
Transit
What to know about transit
Description
550 Ocean Dr is located in a well-connected part of Key Biscayne, Key Biscayne, supported by nearby public transportation. Transit options within a 2-mile radius improve accessibility for daily commuting. Residents enjoy convenient travel across surrounding neighborhoods and downtown areas. This connectivity enhances overall quality of urban living.
Key Biscayne sits on a small island near Miami and draws visitors for beaches and parks. Crandon Park offers long sandy beaches, a golf course, and picnic spaces. Bill Baggs Cape Florida State Park protects coastal dunes and hosts the Cape Florida Lighthouse. Cape Florida Lighthouse stands as a local landmark and attracts people who enjoy views. Miami Seaquarium presents marine shows and animal exhibits on nearby Virginia Key. Jungle Island offers animal encounters and shows near Watson Island. Rusty Pelican serves popular seafood and waterfront views along the shoreline. Boater's Grill provides casual meals and drinks close to the state park. Bars like Monty's Raw Bar host social events and small gatherings. The area supports small shops, cafes, and local services for residents and visitors. Miami-Dade Transit buses connect the island to mainland transit hubs. Metrorail and bus lines link riders to downtown Miami and to regional rail. Bicycles and walking paths attract people who move around the island daily. The most common age group is 10 to 14 years old, and the most common household type has 2 people.
Neighbourhood Description
Key Biscayne sits on a small island near Miami and draws visitors for beaches and parks. Crandon Park offers long sandy beaches, a golf course, and picnic spaces. Bill Baggs Cape Florida State Park protects coastal dunes and hosts the Cape Florida Lighthouse. Cape Florida Lighthouse stands as a local landmark and attracts people who enjoy views. Miami Seaquarium presents marine shows and animal exhibits on nearby Virginia Key. Jungle Island offers animal encounters and shows near Watson Island. Rusty Pelican serves popular seafood and waterfront views along the shoreline. Boater's Grill provides casual meals and drinks close to the state park. Bars like Monty's Raw Bar host social events and small gatherings. The area supports small shops, cafes, and local services for residents and visitors. Miami-Dade Transit buses connect the island to mainland transit hubs. Metrorail and bus lines link riders to downtown Miami and to regional rail. Bicycles and walking paths attract people who move around the island daily. The most common age group is 10 to 14 years old, and the most common household type has 2 people.
This neighborhood indicates a good mix of people which makes it a good place for families. About 25.92% are children aged 0–14, 14.83% are young adults between 15–29, 14.91% are adults aged 30–44, 25.53% are in the 45–59 range and 18.82% are seniors aged 60 and above.
Commuting options are also varying where 68.65% of residents relying on driving, while others prefer public transit around 2.18%, walking around 3.62%, biking around 0.79%, allowing residents to choose travel modes that best fit their daily routines.
Most homes in the area are with 66.82% of units owner occupied and 33.18% are rented.
The neighborhood offers different household types. About 38.83% are single family homes and 15.68% are multi family units. Around 21.51% are single-person households, while 78.49% are multi person households. This mix works well for families, roommates, and individuals.
Education levels in the neighborhood vary widely where 39.58% of residents have bachelor’s degrees. Around 6.51% have high school or college education. Another 4.86% hold diplomas while 35.3% have completed postgraduate studies. The remaining are 13.75% with other types of qualifications.
Demographics Description
This neighborhood indicates a good mix of people which makes it a good place for families. About 25.92% are children aged 0–14, 14.83% are young adults between 15–29, 14.91% are adults aged 30–44, 25.53% are in the 45–59 range and 18.82% are seniors aged 60 and above.
Commuting options are also varying where 68.65% of residents relying on driving, while others prefer public transit around 2.18%, walking around 3.62%, biking around 0.79%, allowing residents to choose travel modes that best fit their daily routines.
Most homes in the area are with 66.82% of units owner occupied and 33.18% are rented.
The neighborhood offers different household types. About 38.83% are single family homes and 15.68% are multi family units. Around 21.51% are single-person households, while 78.49% are multi person households. This mix works well for families, roommates, and individuals.
Education levels in the neighborhood vary widely where 39.58% of residents have bachelor’s degrees. Around 6.51% have high school or college education. Another 4.86% hold diplomas while 35.3% have completed postgraduate studies. The remaining are 13.75% with other types of qualifications.
Age Demographics
0–14 Years
25.92%
15–29 Years
14.83%
30–44 Years
14.91%
45–59 Years
25.53%
60+ Years
18.82%
Commute
2.18%
Transit
3.62%
Walk
68.65%
Drive
0.79%
Bike
Housing Ownership
66.82%
Owner Occupied
33.18%
Rental Units
Household Types
Single Family
38.83%
Multi Family
15.68%
Single Person
21.51%
Multi Person
78.49%
Average Income
Household:$17,426,319.98 /yr
Individual:$7,659,558 /yr
Education
Bachelors Degree39.58%
High School College6.51%
Diploma4.86%
Post Graduate35.3%
Others13.75%
Education
Diploma4.86%
Post Graduate35.3%
Others13.75%
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