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The Roebling Index · Miami
Published by The Roebling Team at Compass · Licensed Real Estate Broker
Miami·Key Biscayne·Condominium

Galen Drive Apartments

240 Galen Drive, Key Biscayne, FL 33149

Folio 2452050260001

At a glance
Year built
1967
Residences
42
Building area
36,668 sq ft
Median residence
725 sq ft
FEMA flood zone
Zone AE · BFE 9 ft
Latest arms-length sale
$680,000 · Dec 2025
Median sale (10 yr)
$435,000
Recorded transfers
249

Galen Drive Apartments is a 42-residence condominium building at 240 Galen Drive, on Key Biscayne, completed in 1967. It has a median residence of 725 square feet.

The recorded market runs to 162 arms-length sales since 1976, an annual turnover rate of 5 percent of the building over the past decade, and a median of $138 per square foot. Across 121 same-unit resales, 91 percent sold above their prior recorded price, with a median gain of 44 percent over a median hold of 6 years. The 6 sales since 2023 carry a median of $619 per square foot, against a record that opens in 1976 and spans several market cycles.

Recorded sales history

Recorded transfers for this building in Miami-Dade County public records, back to Feb 1976. 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
Dec 20253081,100 sf$680,000✓
Jun 20251081,100 sf$675,000✓
Jul 2024201725 sf$450,000✓
Jul 2024216725 sf$430,000✓
Mar 2024112725 sf$480,000✓
Mar 2024104725 sf$487,500✓
Nov 2022314725 sf$465,000✓
Jul 2022203725 sf$380,000✓
Jun 2022201725 sf$440,000✓
Mar 20221061,100 sf$395,000
Mar 2022104725 sf$390,000✓
Jul 2021314725 sf$340,000✓
Jul 20211091,100 sf$540,000✓
Jun 20213051,100 sf$485,000✓
May 2021112725 sf$275,000✓
Mar 2021315725 sf$290,000✓
Oct 2020316725 sf$252,000
Jul 20193081,100 sf$440,000✓
Feb 20193081,100 sf$310,000✓
Sep 2018314725 sf$335,000✓
Jul 20183051,100 sf$392,900✓
Jul 20171101,100 sf$450,000✓
Mar 20173051,100 sf$385,000✓
Dec 20163051,100 sf$181,900
Mar 2016303725 sf$295,000✓
Mar 2016114725 sf$222,000
Dec 20151051,100 sf$439,000✓
Nov 2015315725 sf$295,000✓
Sep 2015103725 sf$270,000✓
Aug 2015104725 sf$268,200✓
May 20153051,100 sf$162,500
Nov 20141061,100 sf$350,000✓
Oct 2014104725 sf$200,100
Sep 2014302725 sf$265,000✓
Sep 20143101,100 sf$350,000✓
Jun 20141101,100 sf$354,000✓
May 20143081,100 sf$250,000
Apr 20143051,100 sf$100,000
Feb 20142091,100 sf$292,000✓
Feb 20143051,100 sf$100,000
Nov 2013201725 sf$250,000✓
Nov 2013101725 sf$275,000✓
Aug 20131091,100 sf$345,000✓
Apr 20132091,100 sf$196,700
May 20122071,100 sf$250,000✓
Apr 20121091,100 sf$195,000✓
Mar 2012302725 sf$140,000✓
Jan 2012304725 sf$150,000✓
Nov 20112081,100 sf$195,000
Jul 2011203725 sf$116,000✓
Jul 20111061,100 sf$190,000✓
Jun 20112081,100 sf$80,700
May 20112061,100 sf$149,000
Apr 20112061,100 sf$149,000
Jan 20113051,100 sf$155,000✓
Sep 2010301725 sf$142,000
Oct 20091101,100 sf$173,250
Apr 2007314725 sf$280,000✓
Apr 2007314725 sf$320,000✓
May 2006202725 sf$315,000✓
Dec 2005301725 sf$325,000✓
May 20052091,100 sf$275,000✓
Oct 2004104725 sf$225,000✓
Sep 20041051,100 sf$320,000✓
Jul 20042081,100 sf$286,000✓
Jun 20042061,100 sf$290,000✓
Jun 20041091,100 sf$270,000✓
Mar 2004203725 sf$192,000✓
Oct 2003303725 sf$181,000✓
Aug 20032061,100 sf$260,000✓
Aug 20031051,100 sf$267,000✓
Jul 20033091,100 sf$263,500✓
May 20032101,100 sf$250,000✓
Apr 2003202725 sf$180,000✓
Feb 20033101,100 sf$230,000✓
Feb 2003101725 sf$190,000✓
Jan 2003201725 sf$198,000✓
Oct 20023091,100 sf$245,000✓
Sep 2002301725 sf$193,000✓
Sep 20021101,100 sf$222,500✓
Jul 2002215725 sf$162,500✓
Jul 2002104725 sf$166,500✓
Jun 2002312725 sf$168,000✓
Feb 2002201725 sf$175,000✓
Dec 2001103725 sf$152,500✓
May 2001102725 sf$125,000✓
Apr 20013101,100 sf$175,000✓
Apr 20011101,100 sf$155,000✓
Feb 2001201725 sf$150,000✓
Dec 20001051,100 sf$143,700✓
Oct 20002101,100 sf$175,000✓
Sep 2000315725 sf$121,000✓
May 2000312725 sf$112,500✓
Feb 20003101,100 sf$135,000✓
Aug 1999101725 sf$105,000✓
Jun 19991091,100 sf$131,000
Oct 1998201725 sf$108,000✓
Jul 1998301725 sf$125,000✓
Jun 1998204725 sf$125,000✓
Oct 1997202725 sf$98,000✓
Apr 1997302725 sf$123,000✓
Dec 19961061,100 sf$135,000✓
Dec 19952061,100 sf$127,000✓
Jul 19953091,100 sf$130,000✓
Jul 1995301725 sf$94,500✓
Mar 19953051,100 sf$130,000✓
Jan 19953061,100 sf$115,000✓
Dec 1994316725 sf$89,000✓
Nov 1994302725 sf$90,000✓
May 1994201725 sf$95,000✓
Jan 19941091,100 sf$115,000✓
Nov 1993303725 sf$88,000✓
Oct 1993202725 sf$86,000✓
Feb 1993301725 sf$90,000✓
Nov 19922071,100 sf$110,000✓
Jul 19922051,100 sf$111,000✓
Apr 1992101725 sf$95,000✓
Mar 19923051,100 sf$100,000✓
Aug 19912081,100 sf$110,000✓
Jun 1991302725 sf$75,000✓
Jun 1990212725 sf$94,000✓
May 1990101725 sf$79,000✓
Apr 1990104725 sf$75,000✓
Nov 1989314725 sf$85,000✓
Jan 1989112725 sf$67,000✓
Oct 19883081,100 sf$86,000✓
Sep 1988303725 sf$73,500✓
Jun 19882101,100 sf$92,000✓
Dec 1987315725 sf$72,000✓
Oct 1987302725 sf$75,000✓
Sep 19871081,100 sf$94,000✓
Jul 1987212725 sf$72,100✓
Apr 19872091,100 sf$95,000✓
Dec 1986303725 sf$64,000✓
Nov 1986312725 sf$62,500✓
Oct 19863101,100 sf$77,000✓
Oct 1986214725 sf$55,000✓
Feb 1985302725 sf$60,000✓
Dec 19842091,100 sf$79,000✓
Sep 19843081,100 sf$99,600✓
Aug 1984202725 sf$60,000
Aug 1984201725 sf$65,000✓
Aug 19841061,100 sf$80,000✓
Jun 1984216725 sf$62,500✓
Dec 1983303725 sf$67,500✓
Sep 1983115725 sf$55,000✓
Sep 1983114725 sf$60,000✓
May 1983201725 sf$65,000✓
Nov 1982301725 sf$75,000✓
Oct 1981116725 sf$72,000✓
May 19812051,100 sf$95,000✓
Dec 1980212725 sf$79,000✓
Dec 19802071,100 sf$83,300✓
Oct 19803101,100 sf$105,000✓
Oct 19801051,100 sf$100,000✓
Jul 1980303725 sf$67,000✓
Jan 1980114725 sf$69,500✓
Nov 1979101725 sf$65,500✓
Jul 1979201725 sf$65,000✓
Jan 1979315725 sf$44,000✓
Dec 19781051,100 sf$65,000✓
Aug 19783081,100 sf$52,000✓
Jun 19781081,100 sf$55,000✓
May 1978102725 sf$42,000✓
Apr 1978316725 sf$42,500✓
Feb 19781061,100 sf$47,500✓
Dec 19772051,100 sf$49,000✓
Nov 19772081,100 sf$46,000✓
Nov 1977114725 sf$36,000✓
Nov 19771081,100 sf$43,400✓
Nov 19771051,100 sf$43,000✓
Oct 1977212725 sf$37,000✓
Aug 1977302725 sf$40,000✓
Jul 19771101,100 sf$47,000✓
Mar 19772091,100 sf$44,000✓
Feb 1977203725 sf$35,000✓
Dec 1976212725 sf$34,000✓
Aug 19762061,100 sf$45,000✓
Feb 1976316725 sf$35,000✓
Feb 19761061,100 sf$40,000✓

✓ = qualified arms-length per the Miami-Dade Property Appraiser. 69 nominal-consideration paper transfers omitted.

Considering a move at Galen Drive Apartments?

Request a private building brief with the relevant recorded sales, current and off-market availability, and an apartment-specific view of value.

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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.