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

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

Property Summary

Property TypeCondominium
Details2 bd · 2 ba · 1,325 sqft · built 1969
Owner2 Individual Names on File
Last Sale$625,000 (Jun 2021)
Tax Bill$6,970 (2025)
Deeds & MortgagesJun 2021 Sale & Mortgage
Dec 2020 Mortgage
Flood ZoneZone AE (high risk)
APN24-5205-031-0560

Property Details

APN / Parcel Number

Primary APN24-5205-031-0560

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, 8H
CityKEY BISCAYNE
StateFL
Zip33149-2302
Property CategoryResidential
Property TypeResidential > Condominium / Townhouse > Condominium
Local Zoning Code4900
Legal DescriptionGALEN BREAKERS CONDO UNIT 8-H EIGHTH FLOOR UNDIV 1.70687% INT IN COMMON ELEMENTS CLERKS FILE 69R-28066 COC 22661-0167 08 2004 1
Legal Range42E
Legal Township55S
Legal Section05
Legal SubdivisionGALEN BREAKERS CONDO
Legal Block1
Legal Lot Number8
JurisdictionDADE FL
Township / Civil DivisionKEY BISCAYNE
Census Block Group1
Census Block1000
Census Tract4608

Owner

550 Ocean Dr, Apt 8H is owned and occupied by two individuals who bought it in June 2021.

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

Owner of Record2 Individual Names on File
Mailing Address550 OCEAN DR, 8H, KEY BISCAYNE, FL 33149-2302
OccupancyOwner Occupied
Owner TypeIndividual

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

DateDocument
Jun 25, 2021Warranty Deed, Transfer · Conventional Mortgage
TRUIST BANK
Dec 22, 2020Deed of Trust, Mortgage · Conventional Mortgage
SPACE COAST CU

Assessor's Deed Record

Deed Names2 Names on Deed
Last SaleJun 25, 2021 · Amount on File
Deed SaleJun 25, 2021 · Amount on File
Prior SaleMay 9, 2013 · Amount on File
Deed Document Number2021450726
Deed Book / Page32582 / 1137
Prior Transfer DateAug 19, 2004
Prior Transfer Doc0000812798
Record UpdatedOct 29, 2026

June 2021: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionDADE FL
Recording DateJun 25, 2021
Property Address550 OCEAN DR APT 8H, 8H, KEY BISCAYNE, FL 33149-2302
Document Number0000450726
Book / Page32582 / 1137
Map ReferenceMB 6283 PG 204
Instrument DateJun 10, 2021
Instrument2021R0450726
Transaction TypeTransfer
Record UpdatedJul 20, 2021
Title CompanyATTORNEY ONLY, ATTORNEY

Transaction

AmountAmount on Record
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$3,750.00
Amount AccuracyRounded by County
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name
Address5910 MAGGIORE ST, 5910, CORAL GABLES, FL 33146-2832

Transferred To (Grantee/Buyer)

NameVerified Name
Address550 OCEAN DR APT 8H, 8H, KEY BISCAYNE, FL 33149-2302

Mortgage

Document Number0000001140
DateJun 25, 2021
Instrument32582/1140
Lender
NameTRUIST BANK
TypeBank
Agreement
TypeConventional Mortgage
AmountAmount on Record
Term241 Months
DueJul 1, 2041

December 2020: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionDADE FL
Property Address550 OCEAN DR APT 8H, 8H, KEY BISCAYNE, FL 33149-2302
Transaction TypeMortgage
Record UpdatedFeb 5, 2021

Transferred To (Grantee/Buyer)

NameVerified Name
Address5910 MAGGIORE ST, CORAL GABLES, FL 33146-2832

Mortgage

Document Number0000738301
DateDec 22, 2020
Book Page32251/4542
Instrument2020R0738301
Lender
NameSPACE COAST CU
TypeCredit Union
AddressMELBOURNE, FL 32940
Agreement
TypeConventional Mortgage
AmountAmount on Record
Term361 Months
DueJan 1, 2051

Tax Assessment & Valuation

The 2025 property tax bill for 550 Ocean Dr, Apt 8H was $6,970 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$6,970.00 Homeowner's exemption$481,493$590,987
2023$6,692.00 (+1.69%) Homeowner's exemption$454,296 (+3%)$476,141 (+6%)
2022$6,581.00 Homeowner's exemption$441,065$449,190

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 8H 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 8H 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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