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$825,000

Beds
2
Baths
2.0
sq ft
1,325

550 Ocean Dr Unit 3E, Key Biscayne, FL 33149

550 Ocean Dr Unit 3E

Key Biscayne, FL 33149

  • 3 days on market
Make this spacious and updated two bedroom and two bathroom apartment at Galen Breakers yours! The oversized dining and living area spill over to an enclosed private balcony. Being a corner unit gives the apartment an additional wall of floor to ceiling windows; bringing in tons of natural light. Large master bedroom with en suite bathroom and large walk-in closet. Galen Breakers is a well-run, boutique building located in a great location, right across the street from the beach. Schools, shopping, dining and The Village Green are all just a short walk away. The building has a heated pool, BBQ area, party room and bike storage.

Details

Property type

Condominium

Est. home value

$698,558

Lot size

Unknown

Price per sq ft

$623

Year built

1969

Annual property taxes

$6,742

HOA

Yes

Price History

12/30/2024
SEF

SEF #A11715551

Listed
$825,000
+79.35%
05/10/2021
SEF

SEF #A10967987

Sold
$460,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Intercontinental Capital Group Inc

Loan start date

April 2022

Original loan amount

$425,000

Est. remaining balance

$403,842

Interest rate

3.85%

Loan type

New Conventional, 30 year

Seller

Alexander Montero and Ana Maria Montero

Lender

Intercontinental Capital Group Inc

Loan start date

April 2022

Original loan amount

$425,000

Est. remaining balance

$403,842

Interest rate

3.85%

Loan type

New Conventional, 30 year

Seller

Alexander Montero and Ana Maria Montero

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 01/03/2025 at 1:10 AM

Listing updated: 01/02/2025 at 5:00 PM

Listed by: Victor Coto, One Sotheby's International Realty Phone #: (305) 365-2811

MLS: SEF #A11715551

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