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Sold for $2,650,000 on 07/02/24
  • $2,650,000

    280 Fernwood Rd, Key Biscayne, FL 33149

    2beds
    1,619sqft
    Single Family Residence
    Built in 1953
    7,694 Square Feet Lot
    $2,576,200 Zestimate®
    $1,637/sqft
    $5,847 Estimated rent

    Home value

    $2,576,200

    $2.24M - $2.96M

    $5,847/mo

    Zestimate® history
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    $18,456/mo

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    What's special

    Nestled on a serene street. This house presents a unique opportunity for investors and homeowners alike. Beyond its charming facade and cozy interior lies a rare gem - zoning that allows for the possibility of townhouse development. With 2 bedrooms + 2 bathrooms and a DEN . A cozy atmosphere, the existing house serves as a comfortable starting point for those looking to capitalize on this exceptional opportunity. However, the true allure lies in property's potential for expansion and transformation. Imagine the prospect of building two townhouses on this spacious lot, catering to the growing demand for modern, multi-family dwellings. ATTACHED RENDERINGS OF BUILDING POSSIBILITIES. NO ARCHICTETURAL PLANS INCLUDED.

    Zillow last checked: 8 hours ago

    Listing updated: July 02, 2024 at 09:17am

    Listed by:

    Cristian Black 305-775-3426,

    BHHS EWM Realty

    Bought with:

    Alan Garcia, 3427067

    Florida Realty of Miami Corp

    Source: MIAMI,MLS#: A11546339MLS LogoOriginating MLS: A-Miami Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Central, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
    Features
    • Walk-In Closet(s), Other
    • Flooring: Tile
    Interior area
    • Total structure area: 1,659
    • Total interior livable area: 1,619 sqft

    Property

    Parking
    • Parking features: Driveway
    • Has uncovered spaces: Yes
    Features
    • Stories: 1
    • Patio & porch: Open Porch, Patio
    • Exterior features: Lighting, Other
    • Pool features: R30-No Pool/No Water
    • Fencing: Fenced
    • Has view: Yes
    • View description: Garden
    Lot
    • Size: 7,694 sqft
    • Features: 1/4 To Less Than 1/2 Acre Lot
    Details
    • Additional structures: Extra Building/Shed
    • Parcel number: 2442320060850
    • Zoning: 5700

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Concrete Block Construction
    • Roof: Shingle
    Condition
    • Year built: 1953

    Utilities & green energy

    • Electric: Fuses
    • Sewer: Public Sewer
    • Water: Municipal Water

    Community & neighborhood

    Community
    • Community features: Sidewalks, Street Lights
    Location
    • Region: Key Biscayne
    • Subdivision: Tropical Isle Homes Sub 4,Tropical Isle Homes

    Other

    Other facts
    • Listing terms: All Cash,Conventional
    • Road surface type: Paved Road

    Price history

    DateEventPrice
    7/2/2024Sold$2,650,000-8.5%$1,637/sqft
    Source: MIAMI #A11546339
    6/4/2024Pending sale$2,895,000$1,788/sqft
    Source: MIAMI #A11546339
    3/7/2024Listed for sale$2,895,000$1,788/sqft
    Source: MIAMI #A11546339

    Public tax history

    YearProperty taxesTax assessment
    2024$6,539 +1.3%$378,589 +3%
    2023$6,454 +4.6%$367,563 +3%
    2022$6,171 +0.6%$356,858 +3%

    Find assessor info on the county website

    Neighborhood: 33149

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $2,576,200

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $2,576,200