550 Ocean Drive 3H, Key Biscayne, FL 33149

$720,000 · Active

  • 3 beds
  • 2 baths
  • Condominium
  • Built 1969
  • HOA $1,413/mo
  • MLS# A11998371
  • Galen Breakers Condo
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About this home

Bright and spacious 2-bedroom + den / 2-bath residence with an enclosed balcony and floor-to-ceiling windows that flood the unit with natural light. The den offers true flexibility as a third bedroom, office, or additional living space. Oversized primary suite with walk-in closet and well-sized secondary bedroom. Impact windows in bedrooms. Galen Breakers is a well-maintained boutique building with heated pool, BBQ area, and party room. Prime Key Biscayne location within walking distance to the beach, dining, and shops. Includes 1 parking space.

Features

Schools

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

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

South Florida Brokers & Assoc · Listing agent: Carlos Pizarro

Schedule a showing

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 550 Ocean Drive 3H.

Questions About 550 Ocean Drive 3H

How much is 550 Ocean Drive 3H?
550 Ocean Drive 3H is listed at $720,000. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.
What are the association fees at 550 Ocean Drive 3H?
The listing reports an association fee of $1,413 per month. Confirm what the fee covers, the reserve funding and any pending special assessments before you make an offer; for a condo, ask for the milestone inspection report as well.
What are the property taxes on 550 Ocean Drive 3H?
The listing reports annual property taxes of $9,046 for 2025. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.
When was 550 Ocean Drive 3H built?
550 Ocean Drive 3H was built in 1969 and the listing describes its condition as . Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long has 550 Ocean Drive 3H been on the market?
550 Ocean Drive 3H has been listed for 167 days, and the asking price has been reduced from $840,000. Days on market and price changes are the first signals of how much room there is to negotiate.
Which schools serve 550 Ocean Drive 3H?
The MLS lists Key Biscayne K-8 (elementary), Ponce De Leon (middle), Coral Gables (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.
How do I see 550 Ocean Drive 3H?
Request a showing from this page or call BreakThru Realty and a licensed agent will arrange a private tour, in person or by video, and answer anything the listing leaves out.

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The 3 bedroom condo at 240 Galen Drive 109, Key Biscayne, FL 33149 is comparable and listed for sale at $740,000. Another comparable condo, 151 Crandon Boulevard 127, Key Biscayne, FL 33149, sold for $780,000 in July 2026. Key Biscayne neighborhoods include Biscayne Key Estates and Tropical Isle Homes. Nearby ZIP codes include 33131 and 33129. This property also neighbors Brickell, Miami, and Coconut Grove. Compare it with the Key Biscayne housing market report.