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  3. Key Biscayne, FL
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  5. 550 Ocean Dr
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550 Ocean Dr

550 Ocean Dr, Key Biscayne, FL, 33149

YEAR BUILT

1969

# STORIES

9

# TOTAL UNITS

45

UNIT SIZE RANGE

1,275-1,375 sqft

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.

Building ImageMLS ID #A11715551
Building ImageMLS ID #A11715551
Building Image
Building ImageView Listing

550 Ocean Dr

550 Ocean Dr, Key Biscayne, FL, 33149

YEAR BUILT

1969

# STORIES

9

# TOTAL UNITS

45

UNIT SIZE RANGE

1,275-1,375 sqft

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.

Next

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 Market Stats Last 12 months

Avg. Listed Price$784,334($593/Sqft.)

Avg. Sale Price$751,000($568/Sqft.)
Year over year list priceUp Arrow1.20%

Year over year sale priceUp Arrow 3.59%
Total Listings3 Listed

Total sold2 Sold
Average Days on Market104 days

Average HOA fees per sqft$1 /monthly
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Market Stats

Year over year list priceUp Arrow1.20%

Year over year sale priceUp Arrow3.59%
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.

For Sale 0 For Sale

550 Ocean Dr Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 3C3C132522842025-06-20
MLS#: A11772639
Closed$752,000
Unit 3E3E1325221232025-05-02
MLS#: A11715551
Closed$750,000
Unit 3F3F132522832024-08-29
MLS#: A11603073
Closed$725,000
Unit 3C
3C

2 Beds

2 Baths

1325 sqft


DateStatusPrice
2025-06-20Closed$752,000
MLS#: A11772639
Days On Market84
Unit 3E
3E

2 Beds

2 Baths

1325 sqft


DateStatusPrice
2025-05-02Closed$750,000
MLS#: A11715551
Days On Market123
Unit 3F
3F

2 Beds

2 Baths

1325 sqft


DateStatusPrice
2024-08-29Closed$725,000
MLS#: A11603073
Days On Market83
View Complete Unit Listing HistorySource By: MIAMI REALTORS

Amenities

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!

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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
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Check Icon
Central AC
Central AC
Pool
Pool
Check Icon
Fitness Center
Fitness Center
-
Visitors Parking
Visitors Parking
Next

Amenities

Elevator(s)

Elevator(s)

Barbeque

Barbeque

Barbecue

Barbecue

Hobby Room

Hobby Room

Bike Storage

Bike Storage

Pool

Pool

Community Room

Community Room

Private Pool

Private Pool

Fire Alarm

Fire Alarm

TV Camera

TV Camera

Laundry

Laundry

Storage

Storage

Balcony

Balcony

Smoke Detector(s)

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.

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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
Pet Allowed
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental 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 NameAvg price per square footAVG 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

Discover top-rated schools located close to 550 Ocean Dr.

Key Biscayne K-8 Center

A
Public|Grades PK–5
150 W McIntyre St|0.52 miles away

St Agnes Academy

--
Private|Grades PK–8
122 Harbor Dr|0.81 miles away

Key Biscayne Presbyterian School

--
Private|Grades PK–1
160 Harbor Dr|0.88 miles away
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Schools

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

Experience convenience and connectivity with premium transit options just moments away.

CRANDON BD & GALEN DR

0.29 miles away|6 min walk

CRANDON BD & MCINTYRE ST

0.31 miles away|6 min walk

CRANDON BD & E ENID DR

0.31 miles away|6 min walk

CRANDON BD & HEATHER DR

0.32 miles away|7 min walk

CRANDON BD & E WOOD DR

0.36 miles away|7 min walk

CRANDON BD & W WOOD DR

0.37 miles away|8 min walk
Next

Transit

CRANDON BD & GALEN DR

0.29 miles away|6 min walk

CRANDON BD & MCINTYRE ST

0.31 miles away|6 min walk

CRANDON BD & E ENID DR

0.31 miles away|6 min walk

CRANDON BD & HEATHER DR

0.32 miles away|7 min walk

CRANDON BD & E WOOD DR

0.36 miles away|7 min walk

CRANDON BD & W WOOD DR

0.37 miles away|8 min walk

CRANDON BD & SEAVIEW DR

0.4 miles away|8 min walk

CRANDON BD & W MASHTA DR

0.42 miles away|8 min walk

CRANDON BD & # 951 US.POST OFFICE

0.43 miles away|9 min walk

CRANDON BD @ SONESTA DR

0.44 miles away|9 min walk

CRANDON BD & SONESTA DR

0.45 miles away|9 min walk

CRANDON BLVD & ARTHUR LAMB JR RD

0.54 miles away|11 min walk

CRANDON BD & #235 (KEY COLONY)

0.56 miles away|11 min walk

CRANDON BD & HARBOR DR

0.65 miles away|13 min walk

CRANDON BD @ HARBOR DR

0.65 miles away|13 min walk

CRANDON BD & OCEAN LA DR

0.72 miles away|14 min walk

CRANDON BD & INTL TENNIS CENTER

1.36 miles away|27 min walk

CRANDON BD & OP INTERNATIONAL TEN

1.41 miles away|28 min walk

CRANDON BD & CRANDON GOLF COURSE

1.8 miles away|35 min walk

CRANDON BD & OP LINKS AT KEY BISC

1.89 miles away|37 min walk

The Neighbourhood: 550 Ocean Dr

Key Biscayne, located in Miami-Dade County, FL, is a tropical paradise renowned for its stunning beaches and tranquil lifestyle. The island boasts lush parks like Crandon Park and Bill Baggs Cape Florida State Park, perfect for outdoor enthusiasts. Residents and visitors enjoy a variety of upscale dining and shopping options nestled amid the scenic surroundings. Families are drawn to the area's esteemed schools and family-friendly environment. With convenient access to Downtown Miami via the Rickenbacker Causeway, it offers both serenity and connectivity, making it an ideal retreat with urban accessibility.

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Neighbourhood Description

Key Biscayne, located in Miami-Dade County, FL, is a tropical paradise renowned for its stunning beaches and tranquil lifestyle. The island boasts lush parks like Crandon Park and Bill Baggs Cape Florida State Park, perfect for outdoor enthusiasts. Residents and visitors enjoy a variety of upscale dining and shopping options nestled amid the scenic surroundings. Families are drawn to the area's esteemed schools and family-friendly environment. With convenient access to Downtown Miami via the Rickenbacker Causeway, it offers both serenity and connectivity, making it an ideal retreat with urban accessibility.

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550 Ocean Dr Demographics

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%
Next

Education

Diploma4.86%
Post Graduate35.3%
Others13.75%
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    550 Ocean Dr
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