Closed

Tropical Isle Homes, 280 Fernwood Rd Key Biscayne, FL 33149

2,895,000(-8.46% )
$2,650,000Price
2Beds
2Baths
1,619SqFt

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Details

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Status:
Sold
Parking: No info
Size: 1,619 ft2 / 150 m2
Price: $1,637 ft2 / $17,619 m2
Type: Single Family Home
Built: 1953
MLS Number: A11546339
View: Garden
On Site: 432 Days
Updated: 315 Days ago
Page Views: 0
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.

Features

Bedrooms
Bedrooms: 2
Bathrooms
Bathrooms: 2
Half Bathrooms: No info
Exterior and Lot Features
Exterior Features: Fence, Lighting, Other, Porch, Patio, Shed
View: Garden

Price History

07/02/2024

Date

Sold

Event

$2.7M

Price

-8.46%

Change Rate

$1,637 ft2 / $17,619 m2

Price Per

03/07/2024

Date

Listed

Event

$2.9M

Price

$1,788 ft2 / $19,248 m2

Price Per

Price per square foot and days on website are not provided values and are calculated by Subdivisions.

Listed by Cristian BlackBHHS EWM Realty • Buyer Agency Compensation .

Instant Comparative Market Analysis

$700/ft²
$3,000/ft²
$5,400/ft²
$7,700/ft²

Unit 280 Fernwood Rd – Asking

$1,637/ft²

(+34%) from Closed Medium $/ft²

Closed Medium $/ft²

$1,218/ft²
Community $/Price Range (Closed) $859/ft² – $7599/ft²
No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.
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