1 month on rocket

280 Fernwood Rd, Key Biscayne, FL, 33149

$2,895,000

2 Bedrooms
2 Full Baths
1,619 SqFt
$1,788/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1953
HeatingCentral, Electric
CoolingCentral Air, Electric
ViewGarden
MLS #A11546339
StatusActive

About 280 Fernwood Rd

Nestled on a serene street. This house presents a unique opportunity for investors and homeowners alike. Beyond its charming facade and cozy interior lies a rare gem - zoning that allows for the possibility of townhouse development. With 2 bedrooms + 2 bathrooms and a DEN . A cozy atmosphere, the existing house serves as a comfortable starting point for those looking to capitalize on this exceptional opportunity. However, the true allure lies in property's potential for expansion and transformation. Imagine the prospect of building two townhouses on this spacious lot, catering to the growing demand for modern, multi-family dwellings. ATTACHED RENDERINGS OF BUILDING POSSIBILITIES. NO ARCHICTETURAL PLANS INCLUDED.

Property Details

Property Features

Property Information:

  • Architectural Style: One Story
  • Year Built: 1953
  • Stories: 1
  • Living Area: 1,619 SqFt

Listing Office:

  • Office Name: BHHS EWM Realty
  • Office Phone: (305) 361-5600
  • Listing Agent: Cristian Black

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
  • Flooring Type: Tile
  • Interior: Bedroom on Main Level, Family/Dining Room, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: Garden
  • Exterior: Fence, Lighting, Other, Porch, Patio, Shed

Parking Information:

  • Parking: Driveway

Virtual/3D Tour

  • Virtual Tour: 280 Fernwood Rd

Virtual Tour

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

School Info

Assigned Schools Information:

  • Coral Gables Senior High School, Public Magnet Grades 9-12
  • Ponce De Leon Middle School, Public Magnet Grades 6-8
  • Key Biscayne K-8 Center, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,895,000
  • Price Per SqFt: $1,788/SqFt

Tax Information:

  • Annual Amount: $5,014
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Key Biscayne, FL.

Med. Sold Price

$1.5M

Med. Price/SqFt

$890

Avg. Days On Market

111

# of Sold Homes

20

280 Fernwood Rd vs Key Biscayne

51 DAYS ON ROCKET

-60 Days

$2,895,000

+$1.3M More

$1,788/SqFt

+$897 More

KEY TAKEAWAY

This property is $1.3M more than the Median Sold Price and $897/SqFt more than other homes in Key Biscayne, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11546339

Listing Office:

  • Office Name: BHHS EWM Realty
  • Office Phone: (305) 361-5600
  • Listing Agent: Cristian Black

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 9:25:14 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$5,014$341,682
2018$4,637$327,773
2017$4,569$321,032

History based on county public records data.

Payment Calculator

$14.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$8,746

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1641641
9
/10
  • Key Biscayne K-8 Center

  • 150 W Mcintyre St

  • 0.39 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1641642
5
/10
  • Ponce De Leon Middle School

  • 5801 Augusto St

  • 6.84 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-1641643
5
/10
  • Coral Gables Senior High School

  • 450 Bird Rd

  • 6.66 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $147,727. Residents of Key Biscayne, FL typically earn between $100k-200k each year. The majority of families are married, with kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 280 Fernwood Rd

What is the listing price of this property?

The listing price of 280 Fernwood Rd property is $2,895,000.

What type of property is this?

The property 280 Fernwood Rd is a house located in Key Biscayne, Florida, 33149.

Is this property for sale now?

Active Listing: 280 Fernwood Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 280 Fernwood Rd are:
Key Biscayne K-8 Center: GreatSchools Rating 9/10
Ponce De Leon Middle School: GreatSchools Rating 5/10
Coral Gables Senior High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $5,014 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 280 Fernwood Rd has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 280 Fernwood Rd is 1,619 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 280 Fernwood Rd is 1953.
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Rocket HomesFloridaMiami-Dade CountyKey Biscayne33149280 Fernwood Rd

This home is located at 280 Fernwood Rd in Key Biscayne, FL and zip code 33149. This 1,619 square foot home was built in 1953. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 07, 2024 and is currently priced at $2,895,000.

In March 2024 more than 0 listings in Key Biscayne, FL were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 20 were sold below. In March 2024 in Key Biscayne, FL there were 8.7% more homes for sale than in February 2024. While the average time on the market in March 2024 was 111 days, the median list price was $1,550,000.

From Rocket Homes Real Estate and based on county public records data.

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