251 GALEN DR 203E, Key Biscayne, FL 33149

Parcel: 2452050380170 · Residential · Condominium - Residential · Zoning: 5000

Assessed Value (2025)
$289,598

Property Details

Beds
1
Baths
2
Living Sqft
854
Year Built
1968
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$36,500
1978-12-01
2
$165,000+352%
2002-07-01
3
$200,000+21%
2012-12-18
CESAR GOMEZELIZABETH PALACIO

Tax Assessment History

$289,598
Assessed (2025)
$353,815
Market Value
$289,598
Taxable Value
$5,896
Annual Tax
2024
$263,271
$333,788
2025
$289,598
$353,815
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $289,598 $353,815 $289,598 $5,896
2024 $263,271 $333,788 $263,271 $5,360

About 251 GALEN DR 203E, Key Biscayne, FL 33149

251 GALEN DR 203E, Key Biscayne, FL 33149 is a 1-bedroom, 2-bathroom residential - total value : condominium - residential built in 1968 with 854 square feet of living space. The property is currently owned by ELIZABETH PALACIO, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2012-12-18 for $200,000, when CESAR GOMEZ sold to ELIZABETH PALACIO. The property has appreciated $35,000 (21%) since the prior sale of $165,000 on 2002-07-01. There are 3 recorded sales for this property.

The 2025 assessed value is $289,598 with a market value of $353,815. The assessed value increased 10% from $263,271 in 2024. The median household income in this area is $170,682, and the median home value is $1,539,500.

The population density is 16,591 people per square mile. 251 GALEN DR 203E, 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 1978 to 2012, with 3 recorded transactions in the public record. The current assessed value represents 145% 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 $234 per square foot — a key metric for comparing value across Key Biscayne's real estate market..

Current Owner

ELIZABETH PALACIO
251 GALEN DRIVE #203E, KEY BISCAYNE, FL, 33149
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$3,875 — $7,171
Flood $400 — $800
Property/Wind $3,475 — $6,371

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$170,682
Median Home Value$1,539,500
Pop. Density16,591/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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