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550 Ocean Dr, Apt 8B, Key Biscayne, FL 33149 Property Records

Miami-Dade County property record for 550 Ocean Dr, Apt 8B, Key Biscayne, FL 33149

Property Summary

Property TypeCondominium
Details2 bd · 2 ba · 1,325 sqft · built 1969
OwnerIndividual Name on Record
Last Sale$825,000 (May 2026)
Tax Bill$9,285 (2025)
Deeds & MortgagesMay 2026 Sale & Mortgage
May 2026 Transfer
+ 1 more
Flood ZoneZone AE (high risk)
APN24-5205-031-0500

Property Details

APN / Parcel Number

Primary APN24-5205-031-0500

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, 8B
CityKEY BISCAYNE
StateFL
Zip33149-2302
Property CategoryResidential
Property TypeResidential > Condominium / Townhouse > Condominium
Local Zoning Code4900
Legal DescriptionGALEN BREAKERS CONDOMINIUM UNIT 8-B EIGHTH FLOOR UNDIV 1.70687% INT IN COMMON ELEMENTS CLERKS FILE 69R-28066 OR 17718-4789 0697 1
Legal Range42E
Legal Township55S
Legal Section05
Legal SubdivisionGALEN BREAKERS CONDOMINIUM
Legal Block1
Legal Lot Number8
JurisdictionDADE FL
Township / Civil DivisionKEY BISCAYNE
Census Block Group1
Census Block1000
Census Tract4608

Owner

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

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

Owner of RecordIndividual Name on Record
Mailing Address550 OCEAN DR, 8B, KEY BISCAYNE, FL 33149-2302
OccupancyOwner Occupied
Owner TypeIndividual
VestingHusband and Wife

Deeds, Mortgages & Sale History

DateDocument
May 28, 2026Warranty Deed, Transfer · Conventional Mortgage
SOUTH FLORIDA TITLE
May 28, 2026Correction Deed
NONE LISTED ON DOCUMENT
Jan 19, 2024Intrafamily Transfer, Transfer
ATTORNEY ONLY, ATTORNEY

Assessor's Deed Record

Deed NamesName on Deed
Last SaleMay 28, 2026 · Amount on Record
Deed SaleMay 28, 2026 · Amount on Record
Prior SaleJul 18, 1997 · Amount on Record
Deed Document Number2026363866
Deed Book / Page35323 / 2660
Prior Transfer DateNov 21, 2023
Prior Transfer Doc0000050152
Record UpdatedOct 29, 2026

May 2026: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionDADE FL
Recording DateMay 28, 2026
Property Address550 OCEAN DR, 8B, KEY BISCAYNE, FL 33149-2302
Document Number0000363866
Book / Page35323 / 2660
Instrument DateApr 28, 2026
Instrument2026363866
Transaction TypeTransfer
Record UpdatedJun 17, 2026
Title CompanySOUTH FLORIDA TITLE

Transaction

AmountAmount Recorded
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$499,950.00
Amount AccuracyFull Amount Stated
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address550 OCEAN DR, 8B, KEY BISCAYNE, FL 33149-2302
InvestorPossibly a Property Investor

Mortgage

Document Number0000363867,
DateMay 28, 2026
Book Page35323/2662
Instrument2026363867
Lender
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term360 Months
DueMay 1, 2056
Interest
Rate TypeFixed Rate
Rate6.3%
Initial TypeFixed Rate
Max Rate-1%

May 2026: Correction Deed

Document TypeCorrection Deed
JurisdictionDADE FL
Recording DateMay 28, 2026
Property Address550 OCEAN DR, 8B, KEY BISCAYNE, FL 33149-2302
Document Number0000363861
Book / Page35323 / 2651
Instrument DateMar 7, 2026
Instrument2026363861
Record UpdatedAug 29, 2026
Title CompanyNONE LISTED ON DOCUMENT

Transaction

Tax$0.00
Amount AccuracyFull Amount Stated

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address121 CRANDON BLVD, 155, KEY BISCAYNE, FL 33149-1546

January 2024: Intrafamily Transfer, Transfer

Document TypeIntrafamily Transfer
JurisdictionDADE FL
Recording DateJan 19, 2024
Property Address550 OCEAN DR APT 8B, 8B, KEY BISCAYNE, FL 33149-2302
Document Number0000050152
Book / Page34058 / 4010
Map ReferenceMB 6283 PG 204
Instrument DateNov 21, 2023
Instrument2024R0050152
Transaction TypeTransfer
Record UpdatedFeb 5, 2024
Title CompanyATTORNEY ONLY, ATTORNEY

Transaction

Tax$0.00
Amount AccuracyNo Consideration Stated
Additional
  • Intrafamily Transfer

Transferred From (Grantor/Seller)

NameVerified Name
Address220 TERMINAL RD, CLARKSVILLE, TN 37040-8426

Transferred To (Grantee/Buyer)

NameVerified Name
Address121 CRANDON BLVD, KEY BISCAYNE, FL 33149-1570

Tax Assessment & Valuation

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$9,285.00 (+6.28%)$590,987 (+141.95%)$590,987 (+24.12%)
2024$8,736.00 (+160.15%)
2023$3,358.00 (+0.51%) Homeowner's exemption$244,257 (+3%)$476,141 (+6%)
2022$3,341.00 Homeowner's exemption$237,143$449,190

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

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.

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