250 Fernwood Rd Key Biscayne, FL 33149
Village of Key Biscayne NeighborhoodEstimated payment $19,183/month
Total Views
4,755
3
Beds
2
Baths
1,391
Sq Ft
$2,150
Price per Sq Ft
Highlights
- RV or Boat Parking
- Sun or Florida Room
- Porch
- Key Biscayne K-8 Center Rated A-
- No HOA
- Tile Flooring
About This Home
Prime development opportunity in the heart of Key Biscayne! This 7,588 SF lot offers endless potential fordevelopers—build a luxury single-family home, duplex, or a set of modern townhomes. Located steps from theisland’s top dining and just a short stroll to Village Green Park, it blends lifestyle and location in one of Miami’smost 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 inparadise!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $36,200
Year Built
- Built in 1953
Lot Details
- 8,088 Sq Ft Lot
- East Facing Home
- Fenced
- Property is zoned 5700
Home Design
- Barrel Roof Shape
- Concrete Block And Stucco Construction
Interior Spaces
- 1,391 Sq Ft Home
- 1-Story Property
- Family Room
- Sun or Florida Room
- Tile Flooring
Kitchen
- Electric Range
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
- Shower Only
Laundry
- Dryer
- Washer
Parking
- Driveway
- Open Parking
- RV or Boat Parking
Outdoor Features
- Exterior Lighting
- Porch
Utilities
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- Tropical Isle Homes Sub 4 Subdivision
Listing and Financial Details
- Assessor Parcel Number 24-42-32-006-0820
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $33,576 | $2,235,012 | $2,038,176 | $196,836 |
| 2024 | $36,785 | $2,053,810 | $1,870,240 | $183,570 |
| 2023 | $36,785 | $2,223,241 | $2,038,176 | $185,065 |
| 2022 | $5,833 | $363,002 | $0 | $0 |
| 2021 | $5,790 | $352,430 | $0 | $0 |
| 2020 | $4,672 | $347,565 | $0 | $0 |
| 2019 | $4,555 | $339,751 | $0 | $0 |
| 2018 | $4,294 | $333,417 | $0 | $0 |
| 2017 | $4,233 | $326,560 | $0 | $0 |
| 2016 | $4,219 | $319,844 | $0 | $0 |
| 2015 | $4,285 | $317,621 | $0 | $0 |
| 2014 | $4,355 | $315,101 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/19/2025 05/19/25 | For Sale | $2,990,000 | 0.0% | $2,150 / Sq Ft |
| 03/04/2025 03/04/25 | For Rent | $7,500 | 0.0% | -- |
| 12/05/2024 12/05/24 | Off Market | $7,500 | -- | -- |
| 10/10/2024 10/10/24 | For Rent | $7,500 | +127.3% | -- |
| 11/24/2020 11/24/20 | Rented | $3,300 | -5.7% | -- |
| 11/01/2020 11/01/20 | For Rent | $3,500 | -- | -- |
Source: MIAMI REALTORS® MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | $100 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $300,000 | New Conventional |
Source: Public Records
Similar Homes in Key Biscayne, FL
Source: MIAMI REALTORS® MLS
MLS Number: A11805879
APN: 24-4232-006-0820
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