# Galen Breakers

As of 2026-10-09, Galen Breakers in Key Biscayne has 0 units for sale at a median asking price of — (—); 1 units sold in the last 12 months.

Galen Breakers is a well-maintained boutique condominium building located on Key Biscayne.

## Key facts

| | |
|---|---|
| Address | 550 Ocean Dr |
| Neighborhood | Key Biscayne |
| Year built | 1969 |
| Floors | 9 |
| Units | 64 |
| Waterfront | no |
| For sale | 0 |
| Pending | 1 |
| Sold, last 12 months | 1 |
| Median sold $/sqft, 12 months | $623/sqft |
| Months of inventory | 0.0 |
| Parking | The building includes covered parking spaces located in front of the building. |

## Own Miami measures

- **own.miami Building Score: 72 (A−)**
  - Value: 71 — $623/sqft — vs. Key Biscayne condos, then all of Miami
  - Momentum: 50 — Recent price trend
  - Liquidity: 94 — 0.0 months of supply
  - Health: 100 — Verified records on file — nothing adverse
  - Waterfront: 55 — Not waterfront
  - Age: 9 — Built 1969 — vs. Key Biscayne buildings
- **Own Miami Condo Index: 124** (above_market; 100 = the market-median building, 200 = twice its $/sqft; rank 231 of 698 tracked Miami condos)
- **Financeability Index: 68** (good; 12-month window, 3 recorded mortgages, 50% of sales bank-financed, lowest down payment 20%, as of 2026-10-31)
- Special-assessment outlook: elevated (next structural milestone inspection due 2034)

## Building health (verified public records)

- Public records checked 2026-10-28: no liens, lawsuits or regulatory complaints found
- positive: Bank financing — Regulated lenders recorded 3 purchase or refinance loans on this building in the last 12 months, financing 50% of its recorded sales, and accepted a down payment as low as 20%. A bank writing a condominium loan has just checked the building's reserves, insurance, litigation and owner-occupancy against its own standards — verified due diligence, read from the public record. Financeability Index 68/100. (2026-10-31)
- Legal & regulatory: 0 material cases active, 0 disputes active, 0 DBPR complaints (36 months)

## Frequently asked questions

**When was Galen Breakers built?**

Galen Breakers was built in 1969, 9 stories, 64 residences.

## Related pages

- [Key Biscayne — neighborhood guide](https://own.miami/key-biscayne)
- [All units for sale at Galen Breakers](https://own.miami/buildings/galen-breakers/for-sale)
- [Commodore Club South](https://own.miami/buildings/commodore-club-south)
- [Casa Del Mar](https://own.miami/buildings/casa-del-mar)
- [Commodore Club West](https://own.miami/buildings/commodore-club-west)
- [Tidemark at Key Colony](https://own.miami/buildings/tidemark-at-key-colony)

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Source: Own.Miami — https://own.miami · data as of 2026-10-09
Canonical page: https://own.miami/buildings/galen-breakers
License: CC BY 4.0 — https://creativecommons.org/licenses/by/4.0/
Methodology: https://own.miami/methodology · For AI assistants: https://own.miami/for-ai