Manhattan condos $1,629/sf 2%Manhattan co-ops $283K/room 5%Central Park perimeterPark Ave $478K/room 19%CPW $350K/room 5%Fifth Ave $501K/room 19%Billionaires' Row $4,272/sf 24%Tribeca $1,941/sf 2%
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The Roebling Index · Miami
Published by The Roebling Team at Compass · Licensed Real Estate Broker
Miami·Key Biscayne·Condominium

Galen Breakers

550 Ocean Drive, Key Biscayne, FL 33149

Folio 2452050310001

At a glance
Year built
1969
Residences
64
Building area
84,800 sq ft
Median residence
1,325 sq ft
FEMA flood zone
Zone AE · BFE 9 ft
Latest arms-length sale
$775,000 · Feb 2026
Median sale (10 yr)
$563,000
Recorded transfers
306

Galen Breakers is a 64-residence condominium building at 550 Ocean Drive, on Key Biscayne, completed in 1969. It has a median residence of 1,325 square feet.

The recorded market runs to 196 arms-length sales since 1972, an annual turnover rate of 4.1 percent of the building over the past decade, and a median of $129 per square foot. Across 132 same-unit resales, 94 percent sold above their prior recorded price, with a median gain of 44 percent over a median hold of 8.8 years. The 6 sales since 2023 carry a median of $557 per square foot, against a record that opens in 1972 and spans several market cycles.

Recorded sales history

Recorded transfers for this building in Miami-Dade County public records, back to May 1972. Prices reflect the recorded consideration; transfers the Property Appraiser does not qualify as arms-length are shown unmarked. Nominal-consideration paper transfers (deeds into trusts and LLCs, estate and family transfers, corrective deeds) are part of the record but not sales, and are omitted from this table. Recording lags closing, so the newest sales can take several weeks to appear.

DateResidenceSizePriceArms-length
Feb 20268D1,325 sf$775,000
Jun 20253C1,325 sf$752,000
May 20253E1,325 sf$750,000
Aug 20243F1,325 sf$725,000
Aug 20237G1,325 sf$670,000
Apr 20235C1,325 sf$644,000
Jun 20225G1,325 sf$565,000
Jan 20225D1,325 sf$550,000
Oct 20219G1,325 sf$600,000
Aug 20212D1,325 sf$580,000
Jul 20212C1,325 sf$490,000
Jun 20218H1,325 sf$625,000
May 20213E1,325 sf$460,000
Apr 20212G1,325 sf$460,000
Apr 20218C1,325 sf$530,000
Sep 20207H1,325 sf$199,400
Jun 20205F1,325 sf$540,000
Jan 20203B1,325 sf$475,000
Nov 20192F1,325 sf$455,000
Jul 20193H1,325 sf$500,000
Dec 20189B1,325 sf$485,000
Aug 20188G1,325 sf$530,000
Jun 20182B1,325 sf$15,000
Jun 20186D1,325 sf$300,000
Sep 20174E1,325 sf$532,000
Jul 20177H1,325 sf$563,000
Jan 20174D1,325 sf$580,000
Nov 20166H1,325 sf$530,000
Sep 20165F1,325 sf$570,000
Mar 20168D1,325 sf$670,000
Jul 20157D1,325 sf$600,000
Aug 20147G1,325 sf$510,000
Jul 20146C1,325 sf$550,000
Jun 20144D1,325 sf$517,000
Jan 20143F1,325 sf$490,000
Nov 20136E1,325 sf$545,000
Apr 20138H1,325 sf$448,200
Apr 20133D1,325 sf$450,000
Dec 20128F1,325 sf$450,000
May 20127A1,325 sf$54,000
Jan 20128E1,325 sf$450,000
Dec 20114H1,325 sf$141,300
Nov 20118F1,325 sf$136,980
Sep 20102F1,325 sf$318,000
Jun 20103H1,325 sf$345,000
Jul 20095C1,325 sf$410,000
May 20094D1,325 sf$17,700
Sep 20083F1,325 sf$445,000
Nov 20078C1,325 sf$450,000
Dec 20052C1,325 sf$620,000
Oct 20057E1,325 sf$585,000
Aug 20053B1,325 sf$525,000
May 20054D1,325 sf$370,000
Jan 20053H1,325 sf$343,750
Aug 20048H1,325 sf$250,000
Sep 20039E1,325 sf$370,000
Jun 20033D1,325 sf$327,500
May 20033G1,325 sf$340,000
Apr 20038F1,325 sf$307,000
May 20028F1,325 sf$255,000
Apr 20029A1,325 sf$234,000
Apr 20029A1,325 sf$310,000
Mar 20024C1,325 sf$230,000
Nov 20015F1,325 sf$278,000
Nov 20014C1,325 sf$165,000
Nov 20013G1,325 sf$226,000
Aug 20013E1,325 sf$245,000
May 20014A1,325 sf$228,500
Apr 20017E1,325 sf$250,000
Mar 20017H1,325 sf$225,000
Dec 20009F1,325 sf$205,000
Sep 20005A1,325 sf$223,000
May 20006C1,325 sf$204,000
May 20002G1,325 sf$185,000
Mar 20006F1,325 sf$195,000
Mar 20003H1,325 sf$190,000
Sep 19997B1,325 sf$203,500
Aug 19997A1,325 sf$224,000
Jul 19996D1,325 sf$200,000
Jul 19993B1,325 sf$177,000
May 19999D1,325 sf$220,000
Apr 19995F1,325 sf$190,000
Mar 19994H1,325 sf$192,000
Dec 19987E1,325 sf$201,000
Aug 19982D1,325 sf$185,000
Jun 19984A1,325 sf$210,000
Jun 19983C1,325 sf$200,000
May 19986B1,325 sf$190,500
Mar 19985A1,325 sf$210,000
Nov 19975D1,325 sf$181,000
Nov 19974H1,325 sf$180,000
Jul 19976H1,325 sf$160,000
Jun 19978B1,325 sf$200,000
May 19976B1,325 sf$170,000
Apr 19976F1,325 sf$179,000
Mar 19979G1,325 sf$190,000
Mar 19975G1,325 sf$160,000
Jan 19976G1,325 sf$173,000
Dec 19965F1,325 sf$172,500
Jul 19965H1,325 sf$170,000
May 19968D1,325 sf$185,000
Apr 19967D1,325 sf$180,000
Apr 19962G1,325 sf$175,000
Jul 19947H1,325 sf$178,000
Jun 19944A1,325 sf$172,000
May 19942B1,325 sf$165,000
Jan 19945A1,325 sf$189,000
Dec 19938H1,325 sf$180,000
Dec 19932D1,325 sf$160,000
Oct 19934H1,325 sf$165,000
Oct 19932E1,325 sf$169,000
Jul 19933D1,325 sf$167,000
Jun 19937B1,325 sf$164,500
Mar 19934G1,325 sf$160,000
Mar 19934C1,325 sf$166,500
Jul 19928B1,325 sf$181,000
Jul 19926A1,325 sf$190,000
Apr 19927A1,325 sf$176,500
Nov 19912A1,325 sf$165,000
Sep 19919D1,325 sf$185,000
Aug 19914E1,325 sf$170,000
Mar 19915A1,325 sf$167,500
May 19909A1,325 sf$199,000
Mar 19907F1,325 sf$150,000
Mar 19906F1,325 sf$159,400
Feb 19907C1,325 sf$179,000
Nov 19893H1,325 sf$145,000
Jun 19896B1,325 sf$170,000
May 19899C1,325 sf$150,000
Apr 19898E1,325 sf$169,000
Nov 19889A1,325 sf$172,000
Nov 19885B1,325 sf$144,000
Aug 19888B1,325 sf$143,000
Aug 19884B1,325 sf$139,500
Jun 19885D1,325 sf$123,500
Sep 19876C1,325 sf$132,000
Sep 19873C1,325 sf$115,000
Aug 19879H1,325 sf$122,500
Aug 19874F1,325 sf$115,000
Apr 19875F1,325 sf$122,000
Apr 19874E1,325 sf$122,500
Oct 19862F1,325 sf$90,000
May 19853B1,325 sf$122,500
Feb 19858E1,325 sf$147,000
Jul 19849H1,325 sf$140,000
May 19848A1,325 sf$129,000
Dec 19838A1,325 sf$140,000
Nov 19838B1,325 sf$125,000
Oct 19839B1,325 sf$130,000
Jul 19837F1,325 sf$90,500
Jul 19829C1,325 sf$160,000
Oct 19819C1,325 sf$150,000
Apr 19812D1,325 sf$135,000
Nov 19806E1,325 sf$140,000
Nov 19805G1,325 sf$125,000
Oct 19806C1,325 sf$129,000
Oct 19806B1,325 sf$130,000
May 19804G1,325 sf$110,000
Apr 19805F1,325 sf$120,000
Mar 19805D1,325 sf$130,000
Nov 19795H1,325 sf$112,000
Oct 19793G1,325 sf$105,000
Sep 19793E1,325 sf$110,000
Sep 19792H1,325 sf$99,900
Jun 19794H1,325 sf$102,500
Jun 19794F1,325 sf$89,500
Mar 19799B1,325 sf$112,500
Dec 19782G1,325 sf$81,000
Nov 19784H1,325 sf$77,500
Nov 19782E1,325 sf$78,500
Nov 19782B1,325 sf$78,000
May 19783H1,325 sf$72,000
Mar 19787C1,325 sf$69,500
Dec 19772G1,325 sf$61,000
Nov 19774A1,325 sf$22,500
Nov 19772F1,325 sf$63,500
Oct 19774H1,325 sf$63,800
Sep 19779F1,325 sf$47,000
Sep 19776E1,325 sf$15,000
Jun 19773F1,325 sf$63,000
Apr 19775E1,325 sf$72,500
Mar 19778G1,325 sf$61,500
Dec 19763G1,325 sf$54,500
Dec 19762H1,325 sf$58,000
Sep 19765B1,325 sf$60,500
Aug 19768C1,325 sf$60,000
Jul 19764D1,325 sf$55,000
May 19769G1,325 sf$81,000
Apr 19766E1,325 sf$53,000
Apr 19763F1,325 sf$54,000
Feb 19767G1,325 sf$55,000
Nov 19757C1,325 sf$63,000
Oct 19756H1,325 sf$55,500
Jul 19756C1,325 sf$59,500
Jun 19758H1,325 sf$55,000
May 19757D1,325 sf$61,500
Feb 19753H1,325 sf$50,000
Dec 19748H1,325 sf$51,500
Nov 19743G1,325 sf$49,000
Aug 19748E1,325 sf$70,000
Jan 19749G1,325 sf$64,500
Jan 19749E1,325 sf$73,000
Dec 19738A1,325 sf$72,500
Oct 19735D1,325 sf$63,500
Jul 19733H1,325 sf$43,500
Jun 19736D1,325 sf$59,500
Jun 19734B1,325 sf$55,000
Mar 19738B1,325 sf$56,000
Feb 19736C1,325 sf$57,500
Jan 19738G1,325 sf$51,000
May 19727F1,325 sf$44,300

✓ = qualified arms-length per the Miami-Dade Property Appraiser. 95 nominal-consideration paper transfers omitted.

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Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com

Building facts and sales records are compiled from Miami-Dade County public records (Property Appraiser) and reviewed against recognized architectural references. Figures are reported as recorded and may be updated as the county updates its records. This page is informational and is not an offer, solicitation, or valuation.