550 Ocean Dr, Apt 7E, Key Biscayne, FL 33149 Property Records

Miami-Dade County property record for 550 Ocean Dr, Apt 7E, Key Biscayne, FL 33149

Property Summary

Property TypeCondominium
Details2 bd · 2 ba · 1,325 sqft · built 1969
Owner2 Individual Names on Record
Last Sale$585,000 (Oct 2005)
Tax Bill$9,106 (2025)
Flood ZoneZone AE (high risk)
APN24-5205-031-0450

Property Details

APN / Parcel Number

Primary APN24-5205-031-0450

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, 7E
CityKEY BISCAYNE
StateFL
Zip33149-2301
Property CategoryResidential
Property TypeResidential > Condominium / Townhouse > Condominium
Local Zoning Code4900
Legal DescriptionGALEN BREAKERS CONDOMINIUM UNIT 7-E SEVENTH FLOOR UNDIV 1.79791% INT IN COMMON ELEMENTS CLERKS FILE 69R-28066 OR 19654-0234 0401 1 COC 23897-4978 10 2005 1
Legal Range42E
Legal Township55S
Legal Section05
Legal SubdivisionGALEN BREAKERS CONDOMINIUM
Legal Block1
Legal Lot Number7E
JurisdictionDADE FL
Township / Civil DivisionKEY BISCAYNE
Census Block Group1
Census Block1000
Census Tract4608

Owner

Source: Miami-Dade County records, as of August 12, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record2 Individual Names on Record
Mailing Address7411 SW 88TH PL, MIAMI, FL 33173-3559
Owner TypeIndividual

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names2 Names on Deed
Last SaleOct 20, 2005 · Amount on Record
Deed SaleOct 20, 2005 · Amount on Record
Prior SaleDec 23, 1998 · Amount on Record
Deed Document Number20051110146
Deed Book / Page23897 / 4978
Record UpdatedSep 20, 2026

Tax Assessment & Valuation

Source: Miami-Dade County assessment roll, as of July 21, 2025

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$9,106.00 (+19.41%)$573,168 (+21%)$587,948 (+24.12%)
2023$7,626.00 (+4.41%)$473,693 (+6%)$473,693 (+6%)
2022$7,304.00$446,880$446,880

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

Flood

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 Record
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

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.

Nearby Properties on Ocean Dr

Nearby Streets

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