# Galen Drive Condominium

As of 2026-10-23, Galen Drive Condominium in Key Biscayne has 2 units for sale at a median asking price of $470K ($648/sqft); 1 units sold in the last 12 months.

Galen Drive Condominium is a 3-story, 42-unit building from 1967 at 240 Galen Dr on Key Biscayne, in FEMA flood zone AE and Miami-Dade evacuation zone A.

## Key facts

| | |
|---|---|
| Address | 240 Galen Dr |
| Neighborhood | Key Biscayne |
| Year built | 1967 |
| Floors | 3 |
| Units | 42 |
| Waterfront | no |
| For sale | 2 |
| Pending | 1 |
| Median asking price | $470,000 |
| Median asking $/sqft | $648/sqft |
| Sold, last 12 months | 1 |
| Median sold $/sqft, 12 months | $618/sqft |
| Months of inventory | 24.0 |
| Median HOA | $752/mo |
| Parking | The building offers assigned parking spaces, with some units including one assigned space. |

## Own Miami measures

- **own.miami Building Score: 55 (B)**
  - Value: 60 — $648/sqft — vs. Key Biscayne condos, then all of Miami
  - Momentum: 50 — Recent price trend
  - Liquidity: 22 — 24.0 months of supply · 106 days on market
  - Health: 100 — Public records checked — no liens, lawsuits or complaints on file
  - Waterfront: 55 — Not waterfront
  - Age: 6 — Built 1967 — vs. Key Biscayne buildings
- **Own Miami Condo Index: 112** (market; 100 = the market-median building, 200 = twice its $/sqft; rank 278 of 698 tracked Miami condos)
- **Financeability Index: 29** (cash; 12-month window, 1 recorded mortgages, — of sales bank-financed, lowest down payment —, as of 2026-10-31)
- Special-assessment outlook: elevated (next structural milestone inspection due 2032)

## Building health (verified public records)

- Public records checked 2026-10-29: no liens, lawsuits or regulatory complaints found
- Legal & regulatory: 0 material cases active, 0 disputes active, 0 DBPR complaints (36 months)

## Frequently asked questions

**How much do condos at Galen Drive Condominium cost?**

There are 2 condos for sale at Galen Drive Condominium, from $445,000, with a median asking price of $470,000 ($648/sqft).

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

HOA / maintenance fees at Galen Drive Condominium run around $752 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.

**When was Galen Drive Condominium built?**

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

## Related pages

- [Key Biscayne — neighborhood guide](https://own.miami/key-biscayne)
- [All units for sale at Galen Drive Condominium](https://own.miami/buildings/galen-drive-condominium/for-sale)
- [Cape Florida Club II](https://own.miami/buildings/cape-florida-club-ii)
- [Cay Polynesia](https://own.miami/buildings/cay-polynesia)
- [Indies](https://own.miami/buildings/indies)
- [Island Breakers](https://own.miami/buildings/island-breakers)

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Source: Own.Miami — https://own.miami · data as of 2026-10-23
Canonical page: https://own.miami/buildings/galen-drive-condominium
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