RENTED JUL 28, 2025

640 Fernwood Rd Unit 1 Key Biscayne, FL 33149

Estimated Value: $4,796,173

4 Beds
3 Baths
-- Sq Ft
7,500 Sq Ft Lot

Highlights

  • In Ground Pool
  • Garden View
  • High Impact Windows
  • Key Biscayne K-8 Center Rated A-
  • No HOA
  • 4-minute walk to Paradise Park

About This Home

As of July 2025

Nestled on the idyllic Island of Key Biscayne, this exquisite townhouse offers a harmonious blend of elegance and comfort. Boasting three spacious bedrooms and two luxurious baths on the upper floor, alongside an additional bedroom and bath on the mezzanine level, this residence is designed for both relaxation and style. The second floor unveils a sophisticated social area, perfect for entertaining or unwinding in serene surroundings. Revel in the balmy island breeze on your private pool, or expansive terrace, while enjoying the convenience of covered parking and the peace of mind provided by impact-resistant windows. A true gem, this home captures the essence of an island living with a cross breeze that whispers tranquility throughout.

Last Agent to Rent the Property

Patricia Peraita

Coldwell Banker Realty License #3255555 Listed on: 06/12/2024

Coldwell Banker Realty

Co-Listed By

Patricia Romano

Coldwell Banker Realty License #3255554

Last Renter's Agent

Elias Palacios

Compass Florida, LLC License #3232308

Compass Florida, LLC

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2021

Lot Details

  • 7,500 Sq Ft Lot
  • East Facing Home

Parking

  • Covered Parking

Home Design

  • Concrete Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Garden Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Schools

  • Keybiscayne Elementary School
  • Coral Gables High School

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Property Available on 9/16/24
  • 1 Year With Renewal Option Lease Term
  • Assessor Parcel Number 24-52-05-001-0170

Community Details

Overview

  • No Home Owners Association
  • Biscayne Key Estates Condos
  • Biscayne Key Estates Subdivision

Pet Policy

  • No Pets Allowed

Security

  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Year Built

Built in 2021

Lot Details

0

Rental Info

  • Pets Allowed: No
  • Available Date: 2024-09-16
  • Lease Term: 1 Year With Renewal Option

Listing Details

  • Property Type: Residential Lease
  • Year Built: 2021
  • Property Sub Type: Townhouse
  • Architectural Style: First Floor Entry
  • Co List Office Mls Id: CBRE07
  • Co List Office Phone: 305-361-5722
  • Garage Yn: No
  • Horses: No
  • Lease Assignable: No
  • New Construction: No
  • Structure Type: Townhouse/Villa-Annual, Townhouse
  • Subdivision Name: BISCAYNE KEY ESTATES
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Walk-In Closet(s)
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: High Impact Doors
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Window Features: High Impact Windows
  • Dining Room Features: Dining/Living Room

Exterior Features

  • Roof: Concrete
  • View: Garden
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: BISCAYNE KEY ESTATES
  • Parking Features: Covered

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Smoke Detector

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Keybiscayne
  • High School: Coral Gables

Lot Info

  • Parcel Number: 24-52-05-001-0170
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 7500
  • Zoning: 5700

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2010
Sold by
Mendez Victoria
Bought by
Mora Anna Cecilia
Current Estimated Value
$4,796,173

Purchase Details

Closed on
Jan 5, 2009
Sold by
Deruiz Josefa Mendez
Bought by
Deruiz Josefa Mendez and Mendez Victoria

Purchase Details

Closed on
Oct 10, 2008
Sold by
Deruiz Josefa Mendez and De Ruiz Josefina Mendez
Bought by
Deruiz Josefa Mendez
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Mora Anna Cecilia $885,000 Attorney
Deruiz Josefa Mendez -- Attorney
Deruiz Josefa Mendez -- Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2025 07/28/25 Rented $14,000 -2.9% --
07/11/2025 07/11/25 Under Contract -- -- --
06/18/2025 06/18/25 Price Changed $14,425 -2.9% --
06/12/2024 06/12/24 For Rent $14,850 +76.8% --
02/15/2021 02/15/21 Rented $8,400 -1.2% --
12/15/2020 12/15/20 For Rent $8,500 0.0% --
12/01/2020 12/01/20 Under Contract -- -- --
11/30/2020 11/30/20 Off Market $8,500 -- --
11/03/2020 11/03/20 For Rent $8,400 -- --
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

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 $50,726 $3,201,211 $1,890,000 $1,311,211
2024 $47,418 $3,001,153 -- --
2023 $47,418 $2,728,321 $0 $0
2022 $39,984 $2,480,292 $0 $0
2021 $17,106 $1,026,000 $1,026,000 $0
2020 $16,959 $1,026,000 $1,026,000 $0
2019 $19,838 $1,197,396 $1,026,000 $171,396
2018 $19,213 $1,198,449 $1,026,000 $172,449
2017 $21,064 $1,185,864 $0 $0
2016 $20,639 $1,078,059 $0 $0
2015 $18,948 $980,054 $0 $0
2014 $17,520 $890,959 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Patricia Peraita

    Landlord's Agent in 2025

    Patricia Peraita

    Coldwell Banker Realty

    (305) 496-3459

    12 in this area

    19 Total Sales

    Patricia Peraita
    Section Image
  • Patricia Romano

    Landlord's Co-Listing Agent in 2025

    Patricia Romano

    Coldwell Banker Realty

    (305) 496-3456

    13 in this area

    18 Total Sales

    Patricia Romano
    Section Image
  • Elias Palacios

    Tenant's Agent in 2025

    Elias Palacios

    Compass Florida, LLC

    (954) 242-7381

    27 Total Sales

    Elias Palacios
    Section Image
  • Paula Sanchez

    Buyer's Agent in 2021

    Paula Sanchez

    Unique International Properties

    (786) 452-2950

    14 in this area

    28 Total Sales

    Paula Sanchez
    Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11605298

MIAMI REALTORS® MLS

APN: 24-5205-001-0170

Florida Miami/Dade County Key Biscayne 33149

640 Fernwood Rd Unit 1, Key Biscayne, FL

Not Listed for Sale

Townhouses

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes