$2,950,000
$50K PRICE DROP

548 Fernwood Rd Unit 548 Key Biscayne, FL 33149

Estimated payment $17,227/month

Total Views 5,161
4 Beds
3 Baths
2,448 Sq Ft
$1,205 Price per Sq Ft

Highlights

  • Marble Flooring
  • Main Floor Bedroom
  • End Unit
  • Key Biscayne K-8 Center Rated A-
  • Garden View
  • 2-minute walk to Paradise Park

About This Home

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.

Listing Agent

Alejandra Paredes

Florida Realty of Miami Corp License #3420824 Listed on: 03/01/2025

Florida Realty of Miami Corp

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $20,503

Year Built

  • Built in 2012

Lot Details

  • End Unit
  • Fenced

Parking

  • 2 Car Garage

Property Views

  • Garden
  • Pool

Home Design

  • Entry on the 1st floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,448 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Entrance Foyer
  • Open Floorplan
  • Marble Flooring
  • Washer and Dryer Hookup

Kitchen

  • Microwave
  • Dishwasher
  • Snack Bar or Counter
  • Trash Compactor

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Closet Cabinetry
  • 3 Full Bathrooms

Home Security

Utilities

  • Central Air
  • Heating Available

Additional Features

  • Accessible Elevator Installed
  • Balcony

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-078-0020

Community Details

Overview

  • Property has a Home Owners Association
  • 544 548 Fernwood Condo Subdivision

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • High Impact Door
  • Fire and Smoke Detector
  • Fire Sprinkler System

Amenities

  • Elevator

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$20,503

Year Built

Built in 2012

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2012
  • Ownership: Self Proprietor/Individual
  • Property Sub Type: Townhouse
  • Architectural Style: Corner Unit
  • Entry Level: 1
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Townhouse
  • Subdivision Name: 544-548 FERNWOOD CONDO
  • Year Built Details: Effective Year Built
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Trash Compactor, Dishwasher, Microwave, Other Equipment/Appliances
  • Interior Amenities: First Floor Entry, Built-in Features, Closet Cabinetry, Elevator, Fire Sprinklers, Entrance Foyer
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Flooring: Marble
  • Living Area: 2448
  • Stories: 2
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Upstairs
  • Dining Room Features: Dining/Living Room, Kitchen Dining, Snack Bar/Counter

Exterior Features

  • View: Garden View, Pool Area View
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Fencing: Fenced
  • Patio And Porch Features: Open Balcony
  • Pool Private: Yes
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: N/A
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up
  • Security: Fire Sprinklers, Fire Alarm

Condo/Co-op/Association

  • Amenities: Elevator(s), Private Pool
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Other

Lot Info

  • Parcel Number: 24-52-05-078-0020

Rental Info

  • Pets Allowed: No, Yes

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 20503

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $32,754 $2,119,656 -- --
2024 $22,135 $2,018,720 -- --
2023 $22,135 $1,357,313 $0 $0
2022 $21,358 $1,364,000 $0 $0
2021 $21,402 $1,240,000 $0 $0
2020 $19,724 $1,192,260 $0 $0
2019 $21,258 $1,282,000 $0 $0
2018 $24,194 $1,508,220 $0 $0
2017 $24,388 $1,508,220 $0 $0
2016 $24,971 $1,508,220 $0 $0
2015 $23,627 $1,396,500 $0 $0
2014 $23,030 $1,330,000 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/12/2025 06/12/25 Under Contract -- -- --
06/11/2025 06/11/25 Rented $15,500 0.0% --
05/12/2025 05/12/25 Price Changed $2,950,000 0.0% $1,205 / Sq Ft
03/27/2025 03/27/25 Price Changed $15,500 -8.8% $6 / Sq Ft
03/04/2025 03/04/25 For Rent $17,000 0.0% --
03/01/2025 03/01/25 For Sale $3,000,000 0.0% $1,225 / Sq Ft
07/14/2023 07/14/23 Rented $16,666 -7.4% --
06/16/2023 06/16/23 Under Contract -- -- --
05/19/2023 05/19/23 For Rent $18,000 0.0% --
03/09/2021 03/09/21 Sold $1,650,000 0.0% $674 / Sq Ft View Prior Sale
01/27/2021 01/27/21 Pending -- -- --
11/12/2020 11/12/20 Price Changed $1,650,000 -10.8% $674 / Sq Ft
11/09/2020 11/09/20 For Sale $1,850,000 -- $756 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,650,000 Martinez-Cid Ricardo
Warranty Deed $1,650,000 Martinez-Cid Ricardo
Warranty Deed $1,900,000 Peninsula Title Corp
Warranty Deed $1,750,000 None Available
Deed $1,650,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,320,000 New Conventional
Closed $1,320,000 New Conventional
Previous Owner $1,300,000 Commercial
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11756342

MIAMI REALTORS® MLS

APN: 24-5205-078-0020