240 GALEN DR 309, Key Biscayne, FL 33149

Parcel: 2452050260370 · Residential · Condominium - Residential · Zoning: 4900

Assessed Value (2025)
$418,750

Property Details

Beds
2
Baths
1
Living Sqft
1,100
Year Built
1967
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
N/Anon-market transfer
1995-11-01
2
$245,000
2002-10-01
3
$263,500+8%
2003-07-01

Tax Assessment History

$418,750
Assessed (2025)
$418,750
Market Value
$418,750
Taxable Value
$8,525
Annual Tax
2024
$203,252
$418,750
2025
$418,750
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $418,750 $418,750 $418,750 $8,525
2024 $203,252 $418,750 $153,252 $3,120

About 240 GALEN DR 309, Key Biscayne, FL 33149

240 GALEN DR 309, Key Biscayne, FL 33149 is a 2-bedroom, 1-bathroom residential - total value : condominium - residential built in 1967 with 1,100 square feet of living space. The property is currently owned by JON L GROSSMAN KIRA L GROSSMAN, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2003-07-01 for $263,500. The property has appreciated $18,500 (8%) since the prior sale of $245,000 on 2002-10-01. There are 3 recorded sales for this property.

The 2025 assessed value is $418,750 with a market value of $418,750. The assessed value increased 106% from $203,252 in 2024. The median household income in this area is $99,000, and the median home value is $944,400.

The population density is 23,370 people per square mile. There are active mortgage liens totaling $295,107 recorded against this property. 240 GALEN DR 309, Key Biscayne, FL 33149 is located in Key Biscayne, Florida.

Property records, tax assessments, sales history, and ownership information for this Key Biscayne property are sourced from miami_dade County public records. The complete ownership history of this property spans from 1995 to 2003, with 3 recorded transactions in the public record. The current assessed value represents 159% of the most recent sale price.

This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal. Based on the most recent sale, this property traded at $240 per square foot — a key metric for comparing value across Key Biscayne's real estate market..

Current Owner

JON L GROSSMAN KIRA L GROSSMAN
240 GALEN DR 309, KEY BISCAYNE, FL, 33149-1952
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$5,425 — $10,012
Flood $400 — $800
Property/Wind $5,025 — $9,212

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood

Median Income$99,000
Median Home Value$944,400
Pop. Density23,370/sq mi

Neighborhood 33149

34.2%
Owner-Occ
65.8%
Investor
119
Flips (4yr)
3,025
New Biz (3yr)
Distress Risk
MODERATE
36
View full risk analysis →

Mortgages

ACTIVE
$311,500
~$295,107 bal.
OCEAN BANK · 2021-11-17
Est. Total Balance $295,107
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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