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Galen Drive Condo Apts

240 Galen Dr, Key Biscayne, FL, 33149
$485K – $740K+
VALUE RANGE
2
FOR SALE

Galen Drive Condo Apts is a low-rise condominium at 240 Galen Drive in the heart of Key Biscayne, built in 1967. The three-story building comprises 42 residences arranged 14 to a floor, offering one-, two-, and three-bedroom layouts. Building amenities include a swimming pool, a barbecue area, a common recreation room, an elevator, and both assigned and guest parking, along with a bike room and on-site laundry facilities. The association permits leasing, making the building popular with both owner-occupants and investors. Set just a block from the beach, it is within easy walking distance of Key Biscayne's shops, restaurants, and parks.

Available Residences at Galen Drive Condo Apts

3 Bedroom Condos · 1 unit

UnitAsking PriceBed(s)/Bath(s)Living SizePrice/Sq.Ft.Days on Market
109$740,0003 / 21,100$673120

1 Bedroom Condos · 2 units

UnitAsking PriceBed(s)/Bath(s)Living SizePrice/Sq.Ft.Days on Market
314$495,0001 / 1725$683100
214$485,0001 / 2 / 1725$66929
Neighborhood
Key Biscayne

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ANALYTICS

All analytics are based on closed sales from the last 36 months.

CURRENT INVENTORY

2
Active Listings
▲ 0% vs last month
Avg List Price
$613K
Avg Days on Market
75

INVENTORY BY BEDROOM

  • 1 Bed (1) 50%
  • 3 Bed (1) 50%
Building vs. Market
43% discount to Key Biscayne
Trades at a 43% discount to the Key Biscayne average ($624 vs $1,086/sqft) — potential relative value for buyers.

INVENTORY TREND (ALL UNITS)

210Sep '25Jan '26May '26
1
New Listings
last 3 months
$624
Avg Sale $/SqFt
last 36 months
24
Months of Supply
1
Sold
last 12 months

Market & Community Report

As of August 12, 2026, Galen Drive Condo Apts carries 2 active listings at an average asking price of $613K, with an average time on market of 75 days. Closed sales over the preceding 36 months averaged $624 per sq ft, and 1 transaction closed in the past 12 months — implying 24 months of supply against the current pace of absorption.

Zip code 33149 (Key Biscayne) is home to 14,628 residents with a median age of 43.2. Per-capita income stands at $106,219; 77.1% hold a bachelor's degree or higher. 69.4% of units are owner-occupied; 34.6% of residents work from home.

Data current as of August 12, 2026. Market metrics derived from MLS closed sales; community data from U.S. Census ACS.

Frequently Asked Questions — Galen Drive Condo Apts

How many condos are for sale at Galen Drive Condo Apts?

As of August 12, 2026, 2 residences are actively listed for sale at Galen Drive Condo Apts. Current asking prices range from $485K to $740K. Inventory updates daily from the MLS.

How much do condos at Galen Drive Condo Apts cost?

Condos at Galen Drive Condo Apts are currently asking from $485K to $740K. Over the past 36 months, closed sales have averaged $624 per square foot. Final pricing varies by floor, line, square footage, finishes, and view.

What is the average price per square foot at Galen Drive Condo Apts?

Based on MLS closed sales over the preceding 36 months, the average sale price at Galen Drive Condo Apts is $624 per square foot. Use this as a benchmark when comparing active listings in the building.

Where is Galen Drive Condo Apts located?

Galen Drive Condo Apts is located at 240 Galen Dr, Key Biscayne, FL, 33149, in the Key Biscayne area.

What neighborhood is Galen Drive Condo Apts in?

Galen Drive Condo Apts is in Key Biscayne, Key Biscayne. You can compare every condo building, home inventory, and price trend across Key Biscayne on its neighborhood guide.

What amenities does Galen Drive Condo Apts offer?

Galen Drive Condo Apts amenities include Swimming pool, Barbecue area, Common media/recreation room, Elevator, Assigned parking, Guest parking, Garage, Bike room.

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