$50K PRICE DROP
RENTED JUN 12, 2025
548 Fernwood Rd Unit 548 Key Biscayne, FL 33149
Village of Key Biscayne NeighborhoodEstimated payment $17,752/month
Total Views
4,142
4
Beds
3
Baths
2,448
Sq Ft
$1,205
Price per Sq Ft
Highlights
- Marble Flooring
- Main Floor Bedroom
- Community Pool
- Key Biscayne K-8 Center Rated A-
- Garden View
- 2-minute walk to Paradise Park
About This Home
This stunning property is ready to move in; fully furnished & beautifully designed for a renter's/owner's paradise! SmartHome (the pool, outside lights, music & A/C can be controlled with the phone). Located centrally near the beaches and local shops in the Key. Sale includes fully furnished home. Property is tenant-occupied with a lease in place through June 2026.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $20,503
Year Built
- Built in 2012
Parking
- 2 Car Garage
Property Views
- Garden
- Pool
Home Design
- Concrete Block And Stucco Construction
Interior Spaces
- 2,448 Sq Ft Home
- 2-Story Property
- Built-In Features
- Entrance Foyer
- Open Floorplan
- Marble Flooring
- Washer and Dryer Hookup
Kitchen
- Microwave
- Dishwasher
- Snack Bar or Counter
- Trash Compactor
Bedrooms and Bathrooms
- 4 Bedrooms
- Main Floor Bedroom
- Primary Bedroom Upstairs
- Closet Cabinetry
- 3 Full Bathrooms
Home Security
Utilities
- Central Air
- Heating Available
Additional Features
- Accessible Elevator Installed
- Balcony
- Fenced
Listing and Financial Details
- Assessor Parcel Number 24-52-05-078-0020
Community Details
Overview
- Property has a Home Owners Association
- 544 548 Fernwood Condo Subdivision
Recreation
- Community Pool
Pet Policy
- Pets Allowed
Security
- High Impact Door
- Fire and Smoke Detector
- Fire Sprinkler System
Amenities
- Elevator
Map
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Home Values in the Area
Average Home Value in this Area
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 | $32,754 | $2,119,656 | -- | -- |
| 2024 | $22,135 | $2,018,720 | -- | -- |
| 2023 | $22,135 | $1,357,313 | $0 | $0 |
| 2022 | $21,358 | $1,364,000 | $0 | $0 |
| 2021 | $21,402 | $1,240,000 | $0 | $0 |
| 2020 | $19,724 | $1,192,260 | $0 | $0 |
| 2019 | $21,258 | $1,282,000 | $0 | $0 |
| 2018 | $24,194 | $1,508,220 | $0 | $0 |
| 2017 | $24,388 | $1,508,220 | $0 | $0 |
| 2016 | $24,971 | $1,508,220 | $0 | $0 |
| 2015 | $23,627 | $1,396,500 | $0 | $0 |
| 2014 | $23,030 | $1,330,000 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/12/2025 06/12/25 | Under Contract | -- | -- | -- |
| 06/11/2025 06/11/25 | Rented | $15,500 | 0.0% | -- |
| 05/12/2025 05/12/25 | Price Changed | $2,950,000 | 0.0% | $1,205 / Sq Ft |
| 03/27/2025 03/27/25 | Price Changed | $15,500 | -8.8% | $6 / Sq Ft |
| 03/04/2025 03/04/25 | For Rent | $17,000 | 0.0% | -- |
| 03/01/2025 03/01/25 | For Sale | $3,000,000 | 0.0% | $1,225 / Sq Ft |
| 07/14/2023 07/14/23 | Rented | $16,666 | -7.4% | -- |
| 06/16/2023 06/16/23 | Under Contract | -- | -- | -- |
| 05/19/2023 05/19/23 | For Rent | $18,000 | 0.0% | -- |
| 03/09/2021 03/09/21 | Sold | $1,650,000 | 0.0% | $674 / Sq Ft |
| 01/27/2021 01/27/21 | Pending | -- | -- | -- |
| 11/12/2020 11/12/20 | Price Changed | $1,650,000 | -10.8% | $674 / Sq Ft |
| 11/09/2020 11/09/20 | For Sale | $1,850,000 | -- | $756 / Sq Ft |
Source: MIAMI REALTORS® MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,650,000 | Attorney | |
| Warranty Deed | $1,900,000 | Peninsula Title Corp | |
| Warranty Deed | $1,750,000 | None Available | |
| Deed | $1,650,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $193,000 | Credit Line Revolving | |
| Open | $1,320,000 | New Conventional | |
| Previous Owner | $1,300,000 | Commercial |
Source: Public Records
Similar Home in Key Biscayne, FL
Source: MIAMI REALTORS® MLS
MLS Number: A11756342
APN: 24-5205-078-0020
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