PENDING
$395K PRICE DROP
725 Fernwood Rd Key Biscayne, FL 33149
Village of Key Biscayne NeighborhoodEstimated payment $15,367/month
Total Views
10,766
3
Beds
2
Baths
2,159
Sq Ft
$1,112
Price per Sq Ft
Highlights
- Above Ground Pool
- Garden View
- Oversized Lot
- Key Biscayne K-8 Center Rated A-
- No HOA
- 4-minute walk to Lake Park
About This Home
Lot Value, Oversize Lot. NO TOWNHOUSES CAN BE BUILT ON THE 700 BLOCK OF FERNWOOD. Build your new home, buy a lot, build your dream home, and own a little of Island Paradise.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $28,687
Year Built
- Built in 1952
Lot Details
- 7,967 Sq Ft Lot
- West Facing Home
- Oversized Lot
- Property is zoned 5700
Home Design
- Flat Tile Roof
- Concrete Block And Stucco Construction
Interior Spaces
- 2,159 Sq Ft Home
- 1-Story Property
- Garden Views
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Above Ground Pool
- Exterior Lighting
Schools
- Keybiscayne Elementary School
- Coral Gables High School
Utilities
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- Bisc Key Estates Subdivision
Listing and Financial Details
- Assessor Parcel Number 24-52-05-003-0020
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 | $28,687 | $1,912,801 | -- | -- |
| 2024 | $26,243 | $1,738,910 | $1,465,928 | $272,982 |
| 2023 | $26,243 | $1,422,812 | $0 | $0 |
| 2022 | $22,338 | $1,293,466 | $0 | $0 |
| 2021 | $20,429 | $1,175,879 | $968,787 | $207,092 |
| 2020 | $19,462 | $1,177,596 | $968,787 | $208,809 |
| 2019 | $19,539 | $1,179,314 | $968,787 | $210,527 |
| 2018 | $18,934 | $1,181,032 | $968,787 | $212,245 |
| 2017 | $20,904 | $1,192,303 | $0 | $0 |
| 2016 | $20,469 | $1,083,912 | $0 | $0 |
| 2015 | $18,794 | $985,375 | $0 | $0 |
| 2014 | $17,416 | $895,796 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/05/2025 09/05/25 | Pending | -- | -- | -- |
| 05/12/2025 05/12/25 | Price Changed | $2,400,000 | -14.1% | $1,112 / Sq Ft |
| 02/12/2025 02/12/25 | For Sale | $2,795,000 | -- | $1,295 / Sq Ft |
Source: MIAMI REALTORS® MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- |
Source: Public Records
Similar Homes in Key Biscayne, FL
Source: MIAMI REALTORS® MLS
MLS Number: A11744094
APN: 24-5205-003-0020
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