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Sold for $2,650,000
    • $2,650,000

    280 Fernwood Rd, Key Biscayne, FL 33149

    2beds
    1,619sqft
    Single Family Residence
    Built in 1953
    7,694 Square Feet Lot
    $2,984,300 Zestimate®
    $1,637/sqft
    $5,595 Estimated rent

    Home value

    $2,984,300

    $2.66M - $3.37M

    $5,595/mo

    Zestimate® history
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    What's special

    Spacious lotMulti-family dwellingsCozy interior
    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:

    Listing updated:

    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 Square Feet
    • 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 & HOA

    Community
    • Features: Sidewalks, Street Lights
    • Subdivision: Tropical Isle Homes Sub 4,Tropical Isle Homes
    HOA
    • Has HOA: No
    Location
    • Region: Key Biscayne

    Financial & listing details

    • Price per square foot: $1,637/sqft
    • Tax assessed value: $2,109,049
    • Annual tax amount: $6,454
    • Date on market: 3/7/2024
    • 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 Report a problem
    6/4/2024Pending sale$2,895,000$1,788/sqft
    Source: MIAMI #A11546339 Report a problem
    3/7/2024Listed for sale$2,895,000$1,788/sqft
    Source: MIAMI #A11546339 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$33,992 +419.9%$2,109,049 +457.1%
    2024$6,539 +1.3%$378,589 +3%
    2023$6,454 +4.6%$367,563 +3%
    2022$6,171 +0.6%$356,858 +3%
    2021$6,133 +22.3%$346,465 +1.4%
    2020$5,014 +2.3%$341,682 +2.3%
    2019$4,900 +5.7%$334,000 +1.9%
    2018$4,637 $327,773 +2.1%
    2017$4,637 +1.5%$321,032 +2.1%
    2016$4,569 -1.1%$314,429 +0.7%
    2015$4,622 -1.5%$312,244 +0.8%
    2014$4,692 +3.5%$309,766 +1.5%
    2013$4,532 $305,189 +1.7%
    2012$4,532 +2.8%$300,088 +3%
    2011$4,411 +2.6%$291,348 +4.2%
    2009$4,298 -6.4%$279,497
    2006$4,592 --
    2005$4,592 +1.5%--
    2004$4,526 +3.9%--
    2003$4,355 +3.4%--
    2002$4,211 --
    Find assessor info on the county website

    Neighborhood: 33149

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    Estimated market value
    $2,984,300
    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
    $2,984,300

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