Prime development opportunity in the heart of Key Biscayne! This 7,588 SF lot offers endless potential for
developers—build a luxury single-family home, duplex, or a set of modern townhomes. Located steps from the
island’s top dining and just a short stroll to Village Green Park, it blends lifestyle and location in one of Miami’s
most desirable zip codes. Key Biscayne remains a top destination for developers seeking strong demand,
walkability, and high resale value in a tight-knit, upscale community. Don’t miss this rare chance to build in
paradise!
Engel & Völkers Miami
Features & Details
Learn about the features and details of 250 Fernwood Rd
Property Details
Property Type
SingleFamilyResidence
Living Area
1,391 sqft
Year Built
1953
Lot Size
8,088 sqft
Stories
-
Annual Tax
$36,200.00
List Date
5/19/2025
Updated
8/22/2025
Last Checked
Recent
MLS Number
#A11805879
Brokerage
Engel & Völkers Miami
Postal Code
33149
Area
Miami-Dade
City
-
Additional Property Features
Occupancy
Tenant
List Price
$2,990,000.00
Unit Number
-
Construction
Block
Heating
Central
Fireplaces
-
Garage
-
Parking Type
No
Pets Allowed
No
Air Conditioning
Central Air
Elevator
No
Locker
No
Swimming Pool
None
Patio
Open,Porch
Basement
No
Den
No
Central Vacuum
No
Garage Type
No
Additional Listing Information
Walk Score
–
Property Manager
-
Utilities Included
None
Furnished
No
Assessment Year
2024
Assignment
No
Extras Included
Dryer, Dishwasher, Electric range, Refrigerator, Washer
Inside
Bedrooms & Baths
3 Bed, 2 Bath
Bedrooms
3
Full Bathrooms
2
Ensuite
Yes
Bathrooms
2
Flooring
Mixed
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Price history
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Real estate trends
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Mortgage Calculator
Estimate monthly payments for 250 Fernwood Rd
$0
20.0%
$2,990,000
1%
5.25%
10%
25 Years
Monthly
Estimated Monthly Payment
$14,334
Show More Details
Cash Flow Analysis
Mortgage Payment:
$14,334.01
Monthly Payment:
$17,350.67
Break Even Down Payment:
100%
Cash Flow
$0
Disclaimer: This calculator provides estimates for informational purposes only. Consult a financial advisor for personalized advice.
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Discover this exceptional singlefamilyresidence in the heart of . This well-appointed property offers 3 bedrooms, 2 bathrooms, 1,391 square feet of living space situated on a 8,088 square foot lot. Originally built in 1953. Offered at $2,990,000.00 The property comes with Dryer, Dishwasher, Electric range, Refrigerator, Washer. Don't miss this opportunity to own in one of the area's most desirable locations.
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Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information.