Own Key Biscayne

Galen Drive Condominium

240 Galen Dr · Built 1967 · 3 floors · 42 residences

4 for sale
For sale
4
0 pending · 48.0 mo supply
Median asking
$538K
from $475K
Median $/sqft
$664/sqft
$618/sqft sold, 12 mo
Days on market
90
176 to sell · 1 in 12 mo
Galen Drive Condominium
Listing photo · courtesy of One Sotheby's International Realty · MLS #A12087564

Located in the heart of Key Biscayne, the Galen Drive Condominium offers a coastal lifestyle with proximity to the beach, local shops, and dining. The building is situated near Crandon Park and provides easy access to local amenities and nearby marinas.

The property is characterized by its proximity to the ocean and its location within a tranquil island setting. Residents have access to a private beach and a clubhouse within walking distance.

Part of the Galen Drive Condominium complex

Sister towers that share the same development, address and often amenities — compare availability across the complex.

Live near more of Miami

What surrounds Galen Drive Condominium: seasonal events, annual programs and lifestyle indexes, measured from the building.

Distances are straight-line, not walking or driving.

Getting around

Key Biscayne is a walkable urban neighborhood. Transit, parks, dining and landmarks within reach:

Crandon ParkBill Baggs Cape Florida State ParkRickenbacker CausewayCrandon Park MarinaKey Biscayne Village GreenMiami Seaquarium
51
/ 100
B−
own.miami Score

A data-grounded score for Galen Drive Condominium from live market data — value, momentum, liquidity, building health, waterfront and age. Computed, not opinion.

Value52
$664/sqft — vs. Miami condos
Momentum50
Recent price trend
Liquidity21
48.0 months of supply · 90 days on market
Health94
No verified records yet — listing signals only
Waterfront55
Not waterfront
Age0
Built 1967
own.miami Condo Index
94100 = the median Miami condo, by price and liquidity.
Rank
#327 of 597 tracked Miami condos
Top 55% by price & liquidity
#31 of 36 in Key Biscayne
Momentum
→ Steady
$664/sqft median ask
Liquidity
Slow
See the full Condo Index →
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Inventory

Sold $/sqft trend

3-month rolling median of closed sales in Galen Drive Condominium; bars are closings per month.

$573$633$692Mar 2024Mar 2025Jun 2025Feb 2026

Location

Nearby buildings within half a mile.

Building facts

Address
240 Galen Dr
Year built
1967
Floors
3
Residences
42
Waterfront
No

Amenities

  • · Beach Access
  • · Clubhouse

Building rules

Parking
The building offers assigned parking spaces, with some units including one assigned space.

Special assessments & recertification outlook

Elevated
  • Listings note no special assessment currently
  • Built 1967 — past its first structural milestone; next inspection around 2032

Estimated from Galen Drive Condominium’s age and signals in active listings — not an official inspection or reserve report. Always verify the building’s milestone-inspection status and reserves with the association before buying.

Frequently asked

How much do condos at Galen Drive Condominium cost?+

There are 4 condos for sale at Galen Drive Condominium, from $475,000, with a median asking price of $537,500 ($664/sqft).

Is Galen Drive Condominium a good time to buy?+

Galen Drive Condominium currently has about 48.0 months of supply — a buyer-friendly pace with more negotiating room.

How much are the HOA fees at Galen Drive Condominium?+

HOA / maintenance fees at Galen Drive Condominium run around $761 per month among units currently for sale; the exact fee varies by unit size and line, so confirm the current amount with the listing or the condo association.

Is Galen Drive Condominium a waterfront building?+

Galen Drive Condominium is not directly on the water.

When was Galen Drive Condominium built?+

Galen Drive Condominium was built in 1967, 3 stories, 42 residences.

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