Closed

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

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

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Details

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Status:
Sold - Jul 02, 2024
Parking: No info
Size: 1,619 SqFt (150 m2)
Price: $1,637/SqFt ($17,619/m2)
Type: Single Family Home
Built: 1953
MLS Number: A11546339
View: Garden
On Site: 519 Days
Updated: 402 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
Interior, Heating and Cooling
  • Interior Features: BedroomonMainLevel, FamilyDiningRoom, WalkInClosets
  • Equipment / Appliances: Dryer, Dishwasher, ElectricRange, Microwave, Refrigerator, Washer
  • Heating Description: Central,Electric
  • Cooling Description: CentralAir,Electric
Building and Construction
  • Floor Description: Tile
  • Year Built: 1953
  • Year Built Description: Resale
  • Style: OneStory
Waterfront and Water Access
  • Waterfront Frontage: No info
School Information
    Other Property Info
    • Garage: No info
    • Listing Date: 2024-03-07T12:47:04.000-00:00
    • Directions: East
    • Pets Allowed: Conditional,Yes
    Taxes, Fees & More
    • Taxes: 6454
    • Parking Description: Driveway

    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 Comps

    $500/ft²
    $1,800/ft²
    $3,200/ft²
    $4,600/ft²

    Unit 280 Fernwood Rd – Asking

    $1,637/ft²

    (+9%) from Closed Medium $/ft²

    Closed Medium $/ft²

    $1,507/ft²
    Community $/Price Range (Closed) $690/ft² – $4423/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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