240 Galen Dr # 314, Key Biscayne FL 33149 | Miami-Dade County | A11980507

The list price for 240 Galen Dr # 314 is $495,000. Built-in appliances and fixtures generally convey with the home, while on-site community amenities are shared and not owned by the individual buyer.

The record does not state if the unit is furnished, so you must confirm which specific items convey. Contact Christopher Lazaro, Key Biscayne Real Estate Advisor, to verify these details.

This property is located at 240 Galen Dr # 314, Key Biscayne FL 33149, situated within a coastal corridor. The unit is listed at $495,000 and features one bedroom and one bathroom across approximately 725 sqft.

Contact Christopher Lazaro, Key Biscayne Real Estate Advisor, to verify these location details.

The monthly HOA fee is $761 and covers Other Maintenance Includes. An active special assessment is on record; verify the specific balance and terms during due diligence.

The community is subject to city ordinances found at https://library.municode.com/fl/key_biscayne/codes/code_of_ordinances . Contact Christopher Lazaro, Key Biscayne Real Estate Advisor, for verification.

The tax of record is $5,509 (2024). As an ESTIMATE ONLY, Florida reassesses at sale; at this price and a Miami-Dade rate near 2.0%, the annual cost is about $9,900/yr (≈ $825/mo) without homestead, or about $8,900/yr (≈ $742/mo) with the homestead exemption on a primary residence. Florida's homestead exemption lowers taxable value only for a primary residence.

Confirm with the Miami-Dade Property Appraiser and a tax professional, as these are estimates, not quotes. Contact Christopher Lazaro, Key Biscayne Real Estate Advisor, to verify.

Flood zones identify areas at risk of flooding, and lenders often require flood insurance for properties in high-risk zones. You can review FEMA definitions and View the FEMA flood map for this address for specific data on 240 Galen Dr # 314.

Contact Christopher Lazaro, Key Biscayne Real Estate Advisor, to verify these details.

Records indicate pets are not allowed or are heavily restricted at 240 Galen Dr # 314. Service animals are protected under the ADA and Fair Housing Act and generally cannot be categorically banned; they function as accessibility tools, similar to a wheelchair, rather than pets. Emotional Support Animals (ESAs) are protected under the FHA as reasonable accommodations with proper documentation, subject to association review and evolving 2026 HUD guidance.

Review this guide and this article for more detail, and consult a Florida real-estate attorney for legal advice. Contact Christopher Lazaro, Key Biscayne Real Estate Advisor, to verify current rules.

The list price of $495,000 reflects current local trends. Miami-Dade condos have recently been closing at 94% of list, about 64 days on market (MIAMI REALTORS®, May 2026). This specific valuation comes from a CMA.

I provide a Key Biscayne-specific CMA to ensure your offer is grounded in actual data. Contact Christopher Lazaro, Key Biscayne Real Estate Advisor, to verify these figures.

Secure a pre-approval before touring 240 Galen Dr # 314 to confirm your budget for this $495,000 property. You should connect with a Florida-licensed mortgage originator to establish your buying power.

Contact Christopher Lazaro, Key Biscayne Real Estate Advisor, to verify these details.