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For sale
  • $2,950,000

    548 Fernwood Rd #548, Key Biscayne, FL 33149

    4beds
    2,448sqft
    : 
    Townhouse
    Built in 2012
    -- sqft lot
    $2,824,800 Zestimate®
    $1,205/sqft
    $-- HOA

    What's special

    Outside lights
    This stunning property is ready to move in; fully furnished & beautifully designed for a renter's/owner's paradise! SmartHome (the pool, outside lights, music & A/C can be controlled with the phone). Located centrally near the beaches and local shops in the Key. Sale includes fully furnished home. Property is tenant-occupied with a lease in place through June 2026.
    360 days
    |
    739
    |
    23
    |

    Zillow last checked: 8 hours ago

    Listing updated: August 21, 2025 at 01:24pm

    Listed by:

    Alejandra Gil 786-348-4985,

    Florida Realty of Miami Corp

    Source: MIAMI,MLS#: A11756342MLS LogoOriginating MLS: A-Miami Association of REALTORS

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Electric
    Cooling
    • Central Air
    Appliances
    • Included: Trash Compactor, Dishwasher, Microwave, Other
    • Laundry: Washer/Dryer Hook-Up
    Features
    • Built-in Features, Closet Cabinetry, Elevator, Entrance Foyer
    • Flooring: Marble
    • Doors: High Impact Doors
    • Common walls with other units/homes: Corner Unit
    Interior area
    • Total structure area: 2,448
    • Total interior livable area: 2,448 sqft
    Video & virtual tour

    Property

    Parking
    • Total spaces: 2
    • Parking features: 2 Or More Spaces
    • Garage spaces: 2
    Features
    • Entry location: First Floor Entry,Foyer
    • Exterior features: Balcony
    • Has private pool: Yes
    • Pool features: Private Pool
    • Fencing: Fenced
    • Has view: Yes
    • View description: Garden, Pool
    Details
    • Parcel number: 2452050780020
    • Other equipment: Other

    Construction

    Type & style
    • Home type: Townhouse
    • Property subtype: Townhouse
    • Attached to another structure: Yes
    Materials
    • CBS Construction
    Condition
    • Year built: 2012

    Community & HOA

    Community
    • Security: Fire Sprinkler System, Fire Alarm
    • Subdivision: 544-548 Fernwood Condo
    HOA
    • Has HOA: Yes
    • Amenities included: Elevator(s)
    • Application fee: $0
    Location
    • Region: Key Biscayne

    Financial & listing details

    • Price per square foot: $1,205/sqft
    • Tax assessed value: $2,018,720
    • Annual tax amount: $20,503
    • Date on market: 3/1/2025
    • Listing terms: All Cash,Conventional
    • Ownership: Self Proprietor/Individual
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    Estimated market value

    $2,824,800

    $2.68M - $2.97M

    $7,895/mo

    Price history

    Price history
    DateEventPrice
    6/12/2025Listing removed$15,500$6/sqft
    Source: MIAMI #A11756329 Report a problem
    5/12/2025Price change$2,950,000+9.3%$1,205/sqft
    Source: MIAMI #A11756342 Report a problem
    3/27/2025Price change$15,500-8.8%$6/sqft
    Source: MIAMI #A11756329 Report a problem
    3/4/2025Listed for rent$17,000$7/sqft
    Source: MIAMI #A11756329 Report a problem
    12/17/2024Listing removed$17,000$7/sqft
    Source: MIAMI #A11698544 Report a problem
    11/22/2024Listed for rent$17,000-5.6%$7/sqft
    Source: MIAMI #A11698544 Report a problem
    6/16/2023Listing removed--
    Source: MIAMI #A11399972 Report a problem
    6/7/2023Listed for sale$2,700,000+63.6%$1,103/sqft
    Source: MIAMI #A11399972 Report a problem
    5/19/2023Listed for rent$18,000$7/sqft
    Source: MIAMI #A11390680 Report a problem
    3/9/2021Sold$1,650,000-2.9%$674/sqft
    Source: MIAMI #A10954871 Report a problem
    6/1/2019Listing removed$1,699,000$694/sqft
    Source: Realty In Miami, Inc. #A10482024 Report a problem
    2/19/2019Price change$1,699,000-2.9%$694/sqft
    Source: Realty In Miami, Inc. #A10482024 Report a problem
    1/3/2019Price change$1,750,000-5.4%$715/sqft
    Source: Realty In Miami, Inc. #A10482024 Report a problem
    11/13/2018Price change$1,849,900-2.4%$756/sqft
    Source: Realty In Miami, Inc. #A10482024 Report a problem
    10/9/2018Listed for sale$1,895,000-0.3%$774/sqft
    Source: Realty In Miami, Inc. #A10482024 Report a problem
    12/18/2015Sold$1,900,000+8.6%$776/sqft
    Source: Public Record Report a problem
    4/9/2015Sold$1,750,000$715/sqft
    Source: Public Record Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024$32,754 +48%$2,018,720 +48.7%
    2023$22,135 +3.6%$1,357,313 +3%
    2022$21,358 -0.2%$1,317,780 +6.3%
    2021$21,402 +8.5%$1,240,000 +4%
    2020$19,724 -7.2%$1,192,260 -7%
    2019$21,258 -12.1%$1,282,000 -15%
    2018$24,194 $1,508,220
    2017$24,194 -0.8%$1,508,220
    2016$24,388 +3.2%$1,508,220 +8%
    2015$23,627 +2.6%$1,396,500 +5%
    2014$23,030 $1,330,000
    2013-- $1,330,000

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $19,029/mo
    Principal & interest
    $14506
    Property taxes
    $4523

      Climate risks

      Neighborhood: 33149

      Getting around

      70 / 100
      Very Walkable
      65 / 100
      Bikeable

      Nearby schools

      GreatSchools rating

      Local experts in 33149

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