Prime development opportunity in the heart of Key Biscayne! This 7,588 SF lot offers endless potential for developers—build a luxury single-family home, duplex, or a set of modern townhomes. Located steps from the island’s top dining and just a short stroll to Village Green Park, it blends lifestyle and location in one of Miami’s most desirable zip codes. Key Biscayne remains a top destination for developers seeking strong demand, walkability, and high resale value in a tight-knit, upscale community. Don’t miss this rare chance to build in paradise!
For sale
$2,990,000
250 Fernwood Rd, Key Biscayne, FL 33149
3beds
1,391sqft
Est.:
Single Family Residence
Built in 1953
8,088 Square Feet Lot
$2,833,200 Zestimate®
$2,150/sqft
$-- HOA
What's special
- 90 days
- on Zillow |
- 356 |
- 6 |
Zillow last checked: 7 hours ago
Listing updated: May 20, 2025 at 08:01am
Listed by:
Enrique Montoya 305-753-9826,
Engel & Völkers Miami
Source: MIAMI,MLS#: A11805879
Originating MLS: A-Miami Association of REALTORS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Family Room, Florida Room
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Electric Range, Refrigerator, Washer
Features
- Flooring: Tile
Interior area
- Total structure area: 1,694
- Total interior livable area: 1,391 sqft
Video & virtual tour
Property
Parking
- Parking features: Driveway, Rv/Boat Parking
- Has uncovered spaces: Yes
Features
- Stories: 1
- Entry location: First Floor Entry
- Patio & porch: Open Porch
- Exterior features: Lighting
- Pool features: R30-No Pool/No Water
- Fencing: Fenced
- Has view: Yes
- View description: None
Lot
- Size: 8,088 Square Feet
- Features: Less Than 1/4 Acre Lot
Details
- Parcel number: 2442320060820
- Zoning: 5700
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- CBS Construction
- Roof: Barrel Roof
Condition
- Year built: 1953
Utilities & green energy
- Sewer: Public Sewer
- Water: Municipal Water
Community & HOA
Community
- Features: None, No Subdiv/Park Info
- Subdivision: Tropical Isle Homes Sub 4
HOA
- Has HOA: No
Location
- Region: Key Biscayne
Financial & listing details
- Price per square foot: $2,150/sqft
- Tax assessed value: $2,221,746
- Annual tax amount: $36,200
- Date on market: 5/19/2025
- Listing terms: All Cash,Conventional
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