$706,964*
●
Condo -
Off Market
251 Galen Dr #311E
Key Biscayne, FL 33149
2 Beds
2 Baths
1,200 Ft²
$410,000 - $500,000
Reference Base Price*
55.38%
Since Feb 1, 2021
FL-Miami
Primary Model
About This Property
FABULOUS INVESTMENT PROPERTY PLUS A GREAT OPPORTUNITY TO LIVE IN
PARADISE FOR THIS PRICE. REMODELED 2 BEDROOMS 2 BATHS PLUS DEN.
SUNNY SOUTH SIDE EXPOSURE. LARGE LIVING DINING AREA WITH A GARDEN
VIEW. OPEN KITCHEN. LOTS OF CLOSET SPACE. WALK TO BEACH AND STORES.
BEAUTIFUL STREET WITH PALM TREES. PRIVATE BEACH ACCESS. POOL AND
BARBECUE AREA.
The manager has listed the unit size as 1200 square feet.
The manager has listed the unit size as 1200 square feet.
Unit Size
1,200 Ft²
Days on Market
-
Land Size
-
Price per sqft
$379
Property Type
Condo
Property Taxes
$403
HOA Dues
-
Year Built
-
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Cap Rate Calculator
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Monthly Rental Income
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Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 25, 2021 | Sold | ||
| Sold | |||
| Jan 17, 2021 | No longer available | - | |
| No longer available | |||
| Jan 6, 2021 | Price Increased |
$455,000
↑ $45K
(11%) | |
| Price Increased | |||
| Nov 5, 2020 | Relisted | $410,000 | |
| Relisted | |||
| Oct 19, 2020 | No longer available | - | |
| No longer available | |||
Show More
Property Highlights
Air Conditioning
Parking Available
Garage
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/17/2025
|
1 Bed
|
1 Bath
|
946 ft²
|
$465,000
1 Bed
1 Bath
946 ft²
|
$440,000
-5.38%
12/10/2025
|
Brie Segota
Coffee Cake And Real Estate
| |
|
10/06/2022
|
2 Bed
|
2 Bath
|
1187 ft²
|
$618,000
2 Bed
2 Bath
1187 ft²
|
$555,000
-10.19%
07/31/2023
|
Jeannette Behrens
Berkshire Hathaway HomeServices Florida Realty
| |
|
06/09/2022
|
1 Bed
|
2 Bath
|
854 ft²
|
$399,000
1 Bed
2 Bath
854 ft²
|
-
-
|
Steven Minor
Steven A Minor PA
| |
|
04/08/2022
|
2 Bed
|
2 Bath
|
1109 ft²
|
$480,000
2 Bed
2 Bath
1109 ft²
|
-
-
|
Frederique Leforestier
One Sotheby's International Realty
| |
|
12/13/2021
|
2 Bed
|
2 Bath
|
1109 ft²
|
$465,000
2 Bed
2 Bath
1109 ft²
|
-
-
|
Steven Minor
Steven A Minor PA
| |
|
11/02/2021
|
2 Bed
|
2 Bath
|
946 ft²
|
$470,000
2 Bed
2 Bath
946 ft²
|
$455,900
-3.00%
02/02/2022
|
Arturo Pino
Grand Lion Real Estate Group LLC
| |
|
06/11/2021
|
3 Bed
|
2 Bath
|
1236 ft²
|
$559,000
3 Bed
2 Bath
1236 ft²
|
-
-
|
Silvia Caicedo
BHHS EWM Realty
| |
|
06/07/2021
|
1 Bed
|
2 Bath
|
854 ft²
|
$365,000
1 Bed
2 Bath
854 ft²
|
-
-
|
Vanessa Mazzeo
BHHS EWM Realty
| |
|
02/08/2021
|
2 Bed
|
2 Bath
|
1187 ft²
|
$419,000
2 Bed
2 Bath
1187 ft²
|
$395,000
-5.73%
08/03/2021
|
Cristian Black
Fortune International Realty Key Biscayne Inc
| |
|
01/27/2021
|
1 Bed
|
2 Bath
|
946 ft²
|
$324,900
1 Bed
2 Bath
946 ft²
|
-
-
|
Matthew Murray
LoKation
| |
|
05/31/2020
|
2 Bed
|
2 Bath
|
1200 ft²
|
$410,000
2 Bed
2 Bath
1200 ft²
|
$370,000
-9.76%
01/25/2021
|
Ines Abascal
Fortune International Realty Key Biscayne Inc
| |
|
05/18/2020
|
1 Bed
|
2 Bath
|
854 ft²
|
$285,000
1 Bed
2 Bath
854 ft²
|
$245,000
-14.04%
11/30/2020
|
Andrey Jimenez-Trushina
One Sotheby's International Realty
| |
|
11/25/2019
|
2 Bed
|
2 Bath
|
1187 ft²
|
$435,000
2 Bed
2 Bath
1187 ft²
|
-
-
|
Cristian Black
Fortune International Realty Key Biscayne Inc
| |
|
09/07/2018
|
2 Bed
|
2 Bath
|
1187 ft²
|
-
2 Bed
2 Bath
1187 ft²
|
-
-
|
Cristian Black
Fortune International Realty Key Biscayne Inc
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017