Galen Drive Apartments
240 Galen Drive, Key Biscayne, FL 33149
Folio 2452050260001
- 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
- 250
Galen Drive Apartments is a 42-residence condominium building at 240 Galen Drive, on Key Biscayne. County records list 1967 as the year built. 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.
Own a residence at Galen Drive Apartments? See what it would sell for.
Choose what fits: a property-specific pricing review informed by local transaction records and market research, a conversation about buying in this market, or help planning a move between markets. Local representation is coordinated where appropriate.
646.939.7375 · c.cohen@compass.com
At a glance
Common name: Galen Drive Apartments. The condominium is named Galen Drive Condominium Apartments.
Building type: Low-rise condominium
Floors: Three
Unit sizes: About 725 to 1,236 square feet, in one- and two-bedroom layouts
Amenities: Pool, clubhouse, elevators, barbecue and picnic area, hobby room, laundry
Source: The Roebling Research Desk.
Why Galen Drive Apartments matters
Galen Drive Apartments is a three-story building of 42 units, built in 1967, in the central residential area of Key Biscayne.
Florida's milestone inspection and structural integrity reserve study rules apply to condominium buildings of three or more stories; ask for the inspection report, the reserve study and any assessment history.
Key Biscayne and the Galen Drive location
Key Biscayne is a barrier island village of about one and a half square miles, connected to the mainland by the Rickenbacker Causeway. It has its own municipal government, a village center on Crandon Boulevard, a public beach on the Atlantic side and Bill Baggs Cape Florida State Park and Crandon Park at its southern and northern ends. Crandon Boulevard is the island's main road.
Galen Drive is in the central residential area of the island. The Rickenbacker Causeway connects to Brickell and Downtown Miami, which sets the commute for anyone working on the mainland.
Architecture and unit composition
The building is three stories with elevators.
Unit mix. Residences are one and two bedrooms of about 725 to 1,236 square feet. The most common layouts are one-bedroom units at the smaller end and two-bedroom, two-bath units near 1,100 square feet. Renovation varies by unit.
Common areas. The pool, clubhouse, barbecue and picnic area, hobby room and laundry are shared. Ask what the monthly assessment covers, including water, sewer, trash, insurance, grounds and building maintenance.
Building operations
The building has elevators, laundry on site and a clubhouse. Ask about staffing and management arrangements.
For any Florida condominium purchase, ask for the current budget, recent financial statements and reserve funding. Florida's milestone inspection and structural integrity reserve study rules apply to condominium buildings of three or more stories; ask for the inspection report, the reserve study and any assessment history. This building has three. Compare the monthly assessment with the reserve funding level. The parcel is in FEMA flood zone AE, so get flood insurance quotes and the association's master policy terms before offering.
Policy framework
Pet, rental and minimum-lease rules are set by the association; confirm at offer stage.
Sales context
One recorded sale, December 2025, at $680,000. It is one sale, not a building price. Unit size and renovation drive value.
Unit-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.
What to know if you're buying at Galen Drive Apartments
Compare the assessment to the reserves. Ask whether the reserve study funds the roof, elevators and structure.
Inspect the unit's systems. Ask about plumbing risers, windows and electrical service, and whether any are original.
Price by size and condition. The unit range is wide. Use same-size comparable sales.
What to know if you're selling at Galen Drive Apartments
Show the renovation. Document the kitchen, bathroom, window and flooring work, with dates and scope.
Have the documents ready. Budget, financials, reserve study, inspection report and flood insurance information shorten diligence.
Comparable buildings
- Galen 250 — a 1973 five-story condominium at 250 Galen Drive.
- Galen Drive West — a 1969 three-story condominium at 200 Galen Drive.
- Galen Breakers — a 1969 nine-story condominium at 550 Ocean Drive.
The neighborhood
For the full neighborhood — its buildings and recorded pricing — read The Roebling Index guide to Key Biscayne.
Run the numbers
- Miami buyer closing cost calculator — documentary stamps on the mortgage, intangible tax, title insurance and the condo estoppel.
- Miami seller closing cost calculator — the deed documentary stamp tax, title, closing and association transfer fees.
Related guides
- Post-Surfside Miami condo diligence — milestone inspections, structural integrity reserve studies and special assessments.
- Florida Save Our Homes, explained — the assessment cap, the homestead exemption and portability.
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.
| Date | Residence | Size | Price | Arms-length |
|---|---|---|---|---|
| Dec 2025 | 308 | 1,100 sf | $680,000 | ✓ |
| Jun 2025 | 108 | 1,100 sf | $675,000 | ✓ |
| Jul 2024 | 201 | 725 sf | $450,000 | ✓ |
| Jul 2024 | 216 | 725 sf | $430,000 | ✓ |
| Mar 2024 | 112 | 725 sf | $480,000 | ✓ |
| Mar 2024 | 104 | 725 sf | $487,500 | ✓ |
| Nov 2022 | 314 | 725 sf | $465,000 | ✓ |
| Jul 2022 | 203 | 725 sf | $380,000 | ✓ |
| Jun 2022 | 201 | 725 sf | $440,000 | ✓ |
| Mar 2022 | 106 | 1,100 sf | $395,000 | |
| Mar 2022 | 104 | 725 sf | $390,000 | ✓ |
| Jul 2021 | 314 | 725 sf | $340,000 | ✓ |
| Jul 2021 | 109 | 1,100 sf | $540,000 | ✓ |
| Jun 2021 | 305 | 1,100 sf | $485,000 | ✓ |
| May 2021 | 112 | 725 sf | $275,000 | ✓ |
| Mar 2021 | 315 | 725 sf | $290,000 | ✓ |
| Oct 2020 | 316 | 725 sf | $252,000 | |
| Jul 2019 | 308 | 1,100 sf | $440,000 | ✓ |
| Feb 2019 | 308 | 1,100 sf | $310,000 | ✓ |
| Sep 2018 | 314 | 725 sf | $335,000 | ✓ |
| Jul 2018 | 305 | 1,100 sf | $392,900 | ✓ |
| Jul 2017 | 110 | 1,100 sf | $450,000 | ✓ |
| Mar 2017 | 305 | 1,100 sf | $385,000 | ✓ |
| Dec 2016 | 305 | 1,100 sf | $181,900 | |
| Mar 2016 | 303 | 725 sf | $295,000 | ✓ |
| Mar 2016 | 114 | 725 sf | $222,000 | |
| Dec 2015 | 105 | 1,100 sf | $439,000 | ✓ |
| Nov 2015 | 315 | 725 sf | $295,000 | ✓ |
| Sep 2015 | 103 | 725 sf | $270,000 | ✓ |
| Aug 2015 | 104 | 725 sf | $268,200 | ✓ |
| May 2015 | 305 | 1,100 sf | $162,500 | |
| Nov 2014 | 106 | 1,100 sf | $350,000 | ✓ |
| Oct 2014 | 104 | 725 sf | $200,100 | |
| Sep 2014 | 302 | 725 sf | $265,000 | ✓ |
| Sep 2014 | 310 | 1,100 sf | $350,000 | ✓ |
| Jun 2014 | 110 | 1,100 sf | $354,000 | ✓ |
| May 2014 | 308 | 1,100 sf | $250,000 | |
| Apr 2014 | 305 | 1,100 sf | $100,000 | |
| Feb 2014 | 209 | 1,100 sf | $292,000 | ✓ |
| Feb 2014 | 305 | 1,100 sf | $100,000 | |
| Nov 2013 | 201 | 725 sf | $250,000 | ✓ |
| Nov 2013 | 101 | 725 sf | $275,000 | ✓ |
| Aug 2013 | 109 | 1,100 sf | $345,000 | ✓ |
| Apr 2013 | 209 | 1,100 sf | $196,700 | |
| May 2012 | 207 | 1,100 sf | $250,000 | ✓ |
| Apr 2012 | 109 | 1,100 sf | $195,000 | ✓ |
| Mar 2012 | 302 | 725 sf | $140,000 | ✓ |
| Jan 2012 | 304 | 725 sf | $150,000 | ✓ |
| Nov 2011 | 208 | 1,100 sf | $195,000 | |
| Jul 2011 | 203 | 725 sf | $116,000 | ✓ |
| Jul 2011 | 106 | 1,100 sf | $190,000 | ✓ |
| Jun 2011 | 208 | 1,100 sf | $80,700 | |
| May 2011 | 206 | 1,100 sf | $149,000 | |
| Apr 2011 | 206 | 1,100 sf | $149,000 | |
| Jan 2011 | 305 | 1,100 sf | $155,000 | ✓ |
| Sep 2010 | 301 | 725 sf | $142,000 | |
| Oct 2009 | 110 | 1,100 sf | $173,250 | |
| Apr 2007 | 314 | 725 sf | $280,000 | ✓ |
| Apr 2007 | 314 | 725 sf | $320,000 | ✓ |
| May 2006 | 202 | 725 sf | $315,000 | ✓ |
| Dec 2005 | 301 | 725 sf | $325,000 | ✓ |
| May 2005 | 209 | 1,100 sf | $275,000 | ✓ |
| Oct 2004 | 104 | 725 sf | $225,000 | ✓ |
| Sep 2004 | 105 | 1,100 sf | $320,000 | ✓ |
| Jul 2004 | 208 | 1,100 sf | $286,000 | ✓ |
| Jun 2004 | 206 | 1,100 sf | $290,000 | ✓ |
| Jun 2004 | 109 | 1,100 sf | $270,000 | ✓ |
| Mar 2004 | 203 | 725 sf | $192,000 | ✓ |
| Oct 2003 | 303 | 725 sf | $181,000 | ✓ |
| Aug 2003 | 206 | 1,100 sf | $260,000 | ✓ |
| Aug 2003 | 105 | 1,100 sf | $267,000 | ✓ |
| Jul 2003 | 309 | 1,100 sf | $263,500 | ✓ |
| May 2003 | 210 | 1,100 sf | $250,000 | ✓ |
| Apr 2003 | 202 | 725 sf | $180,000 | ✓ |
| Feb 2003 | 310 | 1,100 sf | $230,000 | ✓ |
| Feb 2003 | 101 | 725 sf | $190,000 | ✓ |
| Jan 2003 | 201 | 725 sf | $198,000 | ✓ |
| Oct 2002 | 309 | 1,100 sf | $245,000 | ✓ |
| Sep 2002 | 301 | 725 sf | $193,000 | ✓ |
| Sep 2002 | 110 | 1,100 sf | $222,500 | ✓ |
| Jul 2002 | 215 | 725 sf | $162,500 | ✓ |
| Jul 2002 | 104 | 725 sf | $166,500 | ✓ |
| Jun 2002 | 312 | 725 sf | $168,000 | ✓ |
| Feb 2002 | 201 | 725 sf | $175,000 | ✓ |
| Dec 2001 | 103 | 725 sf | $152,500 | ✓ |
| May 2001 | 102 | 725 sf | $125,000 | ✓ |
| Apr 2001 | 310 | 1,100 sf | $175,000 | ✓ |
| Apr 2001 | 110 | 1,100 sf | $155,000 | ✓ |
| Feb 2001 | 201 | 725 sf | $150,000 | ✓ |
| Dec 2000 | 105 | 1,100 sf | $143,700 | ✓ |
| Oct 2000 | 210 | 1,100 sf | $175,000 | ✓ |
| Sep 2000 | 315 | 725 sf | $121,000 | ✓ |
| May 2000 | 312 | 725 sf | $112,500 | ✓ |
| Feb 2000 | 310 | 1,100 sf | $135,000 | ✓ |
| Aug 1999 | 101 | 725 sf | $105,000 | ✓ |
| Jun 1999 | 109 | 1,100 sf | $131,000 | |
| Oct 1998 | 201 | 725 sf | $108,000 | ✓ |
| Jul 1998 | 301 | 725 sf | $125,000 | ✓ |
| Jun 1998 | 204 | 725 sf | $125,000 | ✓ |
| Oct 1997 | 202 | 725 sf | $98,000 | ✓ |
| Apr 1997 | 302 | 725 sf | $123,000 | ✓ |
| Dec 1996 | 106 | 1,100 sf | $135,000 | ✓ |
| Dec 1995 | 206 | 1,100 sf | $127,000 | ✓ |
| Jul 1995 | 309 | 1,100 sf | $130,000 | ✓ |
| Jul 1995 | 301 | 725 sf | $94,500 | ✓ |
| Mar 1995 | 305 | 1,100 sf | $130,000 | ✓ |
| Jan 1995 | 306 | 1,100 sf | $115,000 | ✓ |
| Dec 1994 | 316 | 725 sf | $89,000 | ✓ |
| Nov 1994 | 302 | 725 sf | $90,000 | ✓ |
| May 1994 | 201 | 725 sf | $95,000 | ✓ |
| Jan 1994 | 109 | 1,100 sf | $115,000 | ✓ |
| Nov 1993 | 303 | 725 sf | $88,000 | ✓ |
| Oct 1993 | 202 | 725 sf | $86,000 | ✓ |
| Feb 1993 | 301 | 725 sf | $90,000 | ✓ |
| Nov 1992 | 207 | 1,100 sf | $110,000 | ✓ |
| Jul 1992 | 205 | 1,100 sf | $111,000 | ✓ |
| Apr 1992 | 101 | 725 sf | $95,000 | ✓ |
| Mar 1992 | 305 | 1,100 sf | $100,000 | ✓ |
| Aug 1991 | 208 | 1,100 sf | $110,000 | ✓ |
| Jun 1991 | 302 | 725 sf | $75,000 | ✓ |
| Jun 1990 | 212 | 725 sf | $94,000 | ✓ |
| May 1990 | 101 | 725 sf | $79,000 | ✓ |
| Apr 1990 | 104 | 725 sf | $75,000 | ✓ |
| Nov 1989 | 314 | 725 sf | $85,000 | ✓ |
| Jan 1989 | 112 | 725 sf | $67,000 | ✓ |
| Oct 1988 | 308 | 1,100 sf | $86,000 | ✓ |
| Sep 1988 | 303 | 725 sf | $73,500 | ✓ |
| Jun 1988 | 210 | 1,100 sf | $92,000 | ✓ |
| Dec 1987 | 315 | 725 sf | $72,000 | ✓ |
| Oct 1987 | 302 | 725 sf | $75,000 | ✓ |
| Sep 1987 | 108 | 1,100 sf | $94,000 | ✓ |
| Jul 1987 | 212 | 725 sf | $72,100 | ✓ |
| Apr 1987 | 209 | 1,100 sf | $95,000 | ✓ |
| Dec 1986 | 303 | 725 sf | $64,000 | ✓ |
| Nov 1986 | 312 | 725 sf | $62,500 | ✓ |
| Oct 1986 | 310 | 1,100 sf | $77,000 | ✓ |
| Oct 1986 | 214 | 725 sf | $55,000 | ✓ |
| Feb 1985 | 302 | 725 sf | $60,000 | ✓ |
| Dec 1984 | 209 | 1,100 sf | $79,000 | ✓ |
| Sep 1984 | 308 | 1,100 sf | $99,600 | ✓ |
| Aug 1984 | 202 | 725 sf | $60,000 | |
| Aug 1984 | 201 | 725 sf | $65,000 | ✓ |
| Aug 1984 | 106 | 1,100 sf | $80,000 | ✓ |
| Jun 1984 | 216 | 725 sf | $62,500 | ✓ |
| Dec 1983 | 303 | 725 sf | $67,500 | ✓ |
| Sep 1983 | 115 | 725 sf | $55,000 | ✓ |
| Sep 1983 | 114 | 725 sf | $60,000 | ✓ |
| May 1983 | 201 | 725 sf | $65,000 | ✓ |
| Nov 1982 | 301 | 725 sf | $75,000 | ✓ |
| Oct 1981 | 116 | 725 sf | $72,000 | ✓ |
| May 1981 | 205 | 1,100 sf | $95,000 | ✓ |
| Dec 1980 | 212 | 725 sf | $79,000 | ✓ |
| Dec 1980 | 207 | 1,100 sf | $83,300 | ✓ |
| Oct 1980 | 310 | 1,100 sf | $105,000 | ✓ |
| Oct 1980 | 105 | 1,100 sf | $100,000 | ✓ |
| Jul 1980 | 303 | 725 sf | $67,000 | ✓ |
| Jan 1980 | 114 | 725 sf | $69,500 | ✓ |
| Nov 1979 | 101 | 725 sf | $65,500 | ✓ |
| Jul 1979 | 201 | 725 sf | $65,000 | ✓ |
| Jan 1979 | 315 | 725 sf | $44,000 | ✓ |
| Dec 1978 | 105 | 1,100 sf | $65,000 | ✓ |
| Aug 1978 | 308 | 1,100 sf | $52,000 | ✓ |
| Jun 1978 | 108 | 1,100 sf | $55,000 | ✓ |
| May 1978 | 102 | 725 sf | $42,000 | ✓ |
| Apr 1978 | 316 | 725 sf | $42,500 | ✓ |
| Feb 1978 | 106 | 1,100 sf | $47,500 | ✓ |
| Dec 1977 | 205 | 1,100 sf | $49,000 | ✓ |
| Nov 1977 | 208 | 1,100 sf | $46,000 | ✓ |
| Nov 1977 | 114 | 725 sf | $36,000 | ✓ |
| Nov 1977 | 108 | 1,100 sf | $43,400 | ✓ |
| Nov 1977 | 105 | 1,100 sf | $43,000 | ✓ |
| Oct 1977 | 212 | 725 sf | $37,000 | ✓ |
| Aug 1977 | 302 | 725 sf | $40,000 | ✓ |
| Jul 1977 | 110 | 1,100 sf | $47,000 | ✓ |
| Mar 1977 | 209 | 1,100 sf | $44,000 | ✓ |
| Feb 1977 | 203 | 725 sf | $35,000 | ✓ |
| Dec 1976 | 212 | 725 sf | $34,000 | ✓ |
| Aug 1976 | 206 | 1,100 sf | $45,000 | ✓ |
| Feb 1976 | 316 | 725 sf | $35,000 | ✓ |
| Feb 1976 | 106 | 1,100 sf | $40,000 | ✓ |
✓ = qualified arms-length per the Miami-Dade Property Appraiser. 70 nominal-consideration paper transfers omitted.
This page reflects publicly available information compiled by The Roebling Research Desk. Specific building details should be confirmed with the association during due diligence; the recorded Declaration of Condominium, the current building budget, the current tax bill, the structural integrity reserve study and milestone-inspection status should be reviewed for any specific transaction. © 2026 The Roebling Team at Compass.
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.
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 or solicitation. Apartment estimates are automated, from public records, and are not appraisals.
The Roebling Team at Compass is led by Corey Cohen, a New York licensed associate real estate broker. For a purchase or sale in Miami, we introduce you to a licensed Compass agent there by referral and handle the New York side of your move ourselves. This page and its calculators are research, not an offer of representation.
To plan a move between Manhattan and Miami, schedule a consultation; where appropriate we’ll introduce you to a vetted Compass agent in the local market.