BISCAYNE KEY ESTATES

640 Fernwood Rd # 1, Key Biscayne FL 33149

4 beds · 3 baths

Closed

$14,425

2.86%

Est. Payment $77/mo

MLS Sheet Video

Bedrooms

Bathrooms

2021

Year Built

394

Days on Market

Description

Nestled on the idyllic Island of Key Biscayne, this exquisite townhouse offers a harmonious blend of elegance and comfort. Boasting three spacious bedrooms and two luxurious baths on the upper floor, alongside an additional bedroom and bath on the mezzanine level, this residence is designed for both relaxation and style. The second floor unveils a sophisticated social area, perfect for entertaining or unwinding in serene surroundings. Revel in the balmy island breeze on your private pool, or expansive terrace, while enjoying the convenience of covered parking and the peace of mind provided by impact-resistant windows. A true gem, this home captures the essence of an island living with a cross breeze that whispers tranquility throughout.

Facts

MLS#: A11605298
Subdivision: BISCAYNE KEY ESTATES
Property Type: Residential Lease
Property Sub Type: Townhouse
Year Built: 2021
Lot Size: 7,500 ft²
Sq. Ft.: —
Sq. Mt.: —
Price per sq. ft.: —
Price per sq. mt.: —
Stories: —
Garage: —
Pool: —
Days on Market: 394 days
Listed: Jun 12, 2024
Last Updated: Aug 8, 2025
Price/Lot Sq.Ft.: $2/ft²

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Market insights for Key Biscayne

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

May 2026

100/100

Buyers marketSellers market

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

8/8/2025	Sold	$14,425
6/18/2025	Price change	$14,425-2.9%
6/12/2024	Listed for sale	$14,850

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

640 Fernwood Rd # 1, Key Biscayne FL 33149Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

Bee Creative Academy
KG · private · 0.4 mi
Coral Springs Elementary School
PK,KG,1,2,3,4,5 · public · 0.6 mi
Sawgrass Springs Middle School
6,7,8 · public · 1.0 mi
Coral Springs Middle School
6,7,8 · public · 1.2 mi
Zimmerman School House
UG · private · 1.2 mi
Coral Springs Montessori
PK,TK,KG · private · 1.2 mi
Parkside Elementary School
PK,KG,1,2,3,4,5 · public · 1.2 mi
Excelsior Artz Preparatory School
PK,KG,1,2,3,4,5,6,8,UG · private · 1.3 mi
Westchester Elementary School
PK,KG,1,2,3,4,5 · public · 1.3 mi
Coral Glades High School
9,10,11,12 · public · 1.3 mi

Affordability

What you'd typically need to qualify for this rental under the standard 30% rule.

$48,083

gross income / month to qualify

Monthly rent$14,425

Required annual income$577,000

Security deposit (est.)$14,425

Move-in cost (1st + last + security)$43,275

Based on the 30% rule (rent ≤ 30% of gross monthly income). Move-in estimate assumes first month + last month + one month security; landlord requirements vary.

Rangely Adames

Sales Associate | Sunland Group

(954) 833-0020 info@rangelyadames.com

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