NOT LISTED FOR SALE

642 Fernwood Rd Key Biscayne, FL 33149

Estimated Value: $4,796,173

4 Beds
3 Baths
2,030 Sq Ft
$2,363/Sq Ft Est. Value

Highlights

  • In Ground Pool
  • Garden View
  • 6 Car Attached Garage
  • Key Biscayne K-8 Center Rated A-
  • No HOA
  • 4-minute walk to Paradise Park

About This Home

As of March 2024

Exceptional 3 level townhouse, magnificent layout with high-end finishes. 4 Bedrooms, 3 bathrooms, a convenient small office, functional laundry area. Open concept social area, high ceilings, pleasant natural light. Very nice pool and terrace. Close to the community center, shopping plazas, beaches and much more. DON'T MISS THIS MAGIC PLACE.

Last Agent to Rent the Property

Maria Irazabal

LMFC Realty, LLC License #3291376 Listed on: 12/01/2023

Last Renter's Agent

Silvia Bermudez

BHHS EWM Realty License #3165810

BHHS EWM Realty

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2021

Lot Details

  • 7,500 Sq Ft Lot
  • East Facing Home

Parking

  • 6 Car Attached Garage

Home Design

  • Concrete Roof

Interior Spaces

  • 2,030 Sq Ft Home
  • Combination Dining and Living Room
  • Garden Views

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Pool

  • In Ground Pool

Listing and Financial Details

  • Property Available on 12/4/23
  • 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

Townhouse Details

Home Type

Townhome

Year Built

Built in 2021

Lot Details

0

Parking

6

Rental Info

  • Pets Allowed: No
  • Available Date: 2023-12-04

Listing Details

  • Property Type: Residential Lease
  • Year Built: 2021
  • Property Sub Type: Townhouse
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Townhouse/Villa-Annual, Townhouse
  • Subdivision Name: BISCAYNE KEY ESTATES
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: No
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Furnished: Unfurnished
  • Living Area: 2030
  • Window Features: High Impact Windows
  • Dining Room Features: Dining/Living Room

Exterior Features

  • Roof: Concrete
  • View: Garden
  • Direction Faces: East
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: BISCAYNE KEY ESTATES
  • Covered Parking Spaces: 6
  • Garage Spaces: 6
  • Parking Features: Covered

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 24-52-05-001-0170
  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 7500
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

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
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Average Value
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List Price
Sold Price
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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
03/20/2024 03/20/24 Rented $14,000 -9.7% --
03/08/2024 03/08/24 Under Contract -- -- --
12/01/2023 12/01/23 For Rent $15,500 -- --
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

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11494648

MIAMI REALTORS® MLS

APN: 24-5205-001-0170