240 GALEN DR 315, Key Biscayne, FL 33149

Parcel: 2452050260410 · Residential · Condominium - Residential · Zoning: 4900

Assessed Value (2025)
$352,715

Property Details

Beds
1
Baths
1
Living Sqft
725
Year Built
1967
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$121,000
2000-09-01
2
$295,000+144%
2015-11-18
MARIELLA POLUZZI MELISSA P LANZA
3
$290,000-2%
2021-03-23
MELISSA P LANZASTEPHAN LUTZ

Tax Assessment History

$352,715
Assessed (2025)
$361,725
Market Value
$352,715
Taxable Value
$7,181
Annual Tax
2024
$320,650
$344,500
2025
$352,715
$361,725
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $352,715 $361,725 $352,715 $7,181
2024 $320,650 $344,500 $320,650 $6,528

About 240 GALEN DR 315, Key Biscayne, FL 33149

240 GALEN DR 315, Key Biscayne, FL 33149 is a 1-bedroom, 1-bathroom residential - total value : condominium - residential built in 1967 with 725 square feet of living space. The property is currently owned by STEPHAN LUTZ HEIDY M FRANK, 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 2021-03-23 for $290,000, when MELISSA P LANZA sold to STEPHAN LUTZ. The property sold for $5,000 less than the prior sale of $295,000 on 2015-11-18. There are 3 recorded sales for this property.

The 2025 assessed value is $352,715 with a market value of $361,725. The assessed value increased 10% from $320,650 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. 240 GALEN DR 315, 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 2000 to 2021, with 3 recorded transactions in the public record. The current assessed value represents 122% 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 $400 per square foot — a key metric for comparing value across Key Biscayne's real estate market..

Current Owner

STEPHAN LUTZ HEIDY M FRANK
240 GALEN DR #315, KEY BISCAYNE, FL, 33149
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$4,632 — $8,559
Flood $400 — $800
Property/Wind $4,232 — $7,759

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 →
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