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550 Ocean Dr, Apt 5H, Key Biscayne, FL 33149 Property Records

Miami-Dade County property record for 550 Ocean Dr, Apt 5H, Key Biscayne, FL 33149

Property Summary

Property TypeCondominium
Details2 bd · 2 ba · 1,325 sqft · built 1969
Owner2 Trust Names on File
Last Sale$170,000 (Jul 1996)
Tax Bill$3,428 (2025)
Deeds & MortgagesDec 2022 Transfer
Flood ZoneZone AE (high risk)
APN24-5205-031-0320

Property Details

APN / Parcel Number

Primary APN24-5205-031-0320

Interior

Bedrooms2 Beds
Full Baths2 Baths
Units130 Units
Building Area1,325 sqft Living Area

Exterior

Year BuiltBuilt 1969
Effective Year BuiltEffective 1969
Architectural StyleCondo/Apartment

Location & Zoning

Street Address550 OCEAN DR, 5H
CityKEY BISCAYNE
StateFL
Zip33149-2301
Property CategoryResidential
Property TypeResidential > Condominium / Townhouse > Condominium
Local Zoning Code4900
Legal DescriptionGALEN BREAKERS CONDOMINIUM UNIT 5-H 5TH FL UNDIV 1.45653% INT IN COMMON ELEMENTS CLERKS FILE 69R-28066 OR 17296-3176 0796 1
Legal Range42E
Legal Township55S
Legal Section05
Legal SubdivisionGALEN BREAKERS CONDOMINIUM
Legal Block1
Legal Lot Number5H
JurisdictionDADE FL
Township / Civil DivisionKEY BISCAYNE
Census Block Group1
Census Block1000
Census Tract4608

Owner

550 Ocean Dr, Apt 5H is owner-occupied and held in a trust since December 2022.

Source: Miami-Dade County records, as of October 21, 2026

Owner of Record2 Trust Names on File
Mailing Address550 OCEAN DR, 5H, KEY BISCAYNE, FL 33149-2301
OccupancyOwner Occupied
Owner TypeCompany
VestingTrust

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names2 Names on Deed
Last SaleJul 31, 1996 · Amount on File
Deed SaleJul 31, 1996 · Amount on File
Deed Book / Page17296 / 3176
Last Transfer DateDec 22, 2022
Transfer Doc0000969054
Record UpdatedOct 29, 2026

December 2022: Intrafamily Transfer, Transfer

Document TypeIntrafamily Transfer
JurisdictionDADE FL
Recording DateDec 30, 2022
Property Address550 OCEAN DR APT 5H, 5H, KEY BISCAYNE, FL 33149-2301
Document Number0000969054
Book / Page33525 / 2811
Map ReferenceMB 6283 PG 204
Instrument DateDec 6, 2022
Instrument2022R0969054
Transaction TypeTransfer
Record UpdatedJun 7, 2023
Title CompanyATTORNEY

Transaction

Tax$0.00
Amount AccuracyNo Consideration Stated
Additional
  • Intrafamily Transfer

Transferred From (Grantor/Seller)

NameVerified Name
Address550 OCEAN DR # DR5H, DR5H, KEY BISCAYNE, FL 33149-2300

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipLiving Trust
Address550 OCEAN DR APT 5H, 5H, KEY BISCAYNE, FL 33149-2301

Tax Assessment & Valuation

The 2025 property tax bill for 550 Ocean Dr, Apt 5H was $3,428 with a homeowner's exemption.

Source: Miami-Dade County assessment roll, as of October 21, 2026

Property Jurisdictions

TypeName
StateFlorida
CountyMiami-Dade County
MunicipalityKey Biscayne Village
Unified School DistrictDade County School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$3,428.00 Homeowner's exemption$253,130$581,730
2023$3,272.00 (+0.46%) Homeowner's exemption$238,833 (+3%)$468,684 (+6%)
2022$3,257.00 Homeowner's exemption$231,877$442,155

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 550 Ocean Dr, Apt 5H in Zone AE, a high-risk flood area; flood insurance is required for federally backed loans.

Source: FEMA National Flood Hazard Layer, effective January 25, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone AE
high risk
100-Year FloodplainYes
1% annual chance
FloodwayNo
Base Flood Elevation9.0 ft
Flood Insurance RequirementRequired
federally backed loans
Flood Insurance CostPremium on File
median of 71 individual policies
Community Rating SystemClass 8 (10% premium discount)
Nearby Flood Policies840 units insured
incl. 769 condo units
Nearby Flood Claims80 (1984–2022)
Most Recent ClaimJun 2022 · rainfall accumulation
Claims by Event
  • Hurricane Irma, Sep 2017 · 3 claims
  • Hurricane Katrina, Aug 2005 · 9 claims
  • Hurricane Andrew, Aug 1992 · 56 claims

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

The area around 550 Ocean Dr, Apt 5H has no burnable land within ember reach, so its wildfire risk is not rated.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskNot rated
no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemMDWASA - MAIN SYSTEM
serves 2,377,460 people · EPA ID FL4130871
Water SourceGroundwater
Last State InspectionDec 2023
Lead3 ppb (2023)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting6
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 143 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Xfinity
Cable · Fiber in parts of the area		2,000 / 250
Starlink
Satellite		280 / 30
T-Mobile
Fixed Wireless		100 / 20
AT&T
Fixed Wireless · Fiber, DSL in parts of the area		100 / 20

May also be available: Hotwire Communications, Verizon.

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