TROPICAL ISLE HOMES SUB 3,TROPICAL ISLE HOMES

355 Redwood Ln, Key Biscayne FL 33149

3 beds · 2 baths · 1,403 ft²

Closed

$2,975,000

Est. Payment $15,834/mo

MLS Sheet Video

3

Bedrooms

2

Bathrooms

1,403

Sq. Ft.

1955

Year Built

1

Garage

321

Days on Market

Description

Situated on one of Key Biscayne’s most coveted streets, this 7,500 sq ft lot offers the ideal opportunity to build your dream home in a prime island location. The existing 3BR/3BA residence features a bright, open living and dining area with a fireplace, impact windows, wood floors, plantation shutters, and stainless steel appliances. The fenced backyard includes a shed and plenty of space for a pool. Property also includes a one-car garage. A chance to live in one of the island’s most sought-after neighborhoods

Facts

MLS#
A11849162
Subdivision
TROPICAL ISLE HOMES SUB 3,TROPICAL ISLE HOMES
Property Type
Residential
Property Sub Type
Single Family Residence
Year Built
1955
Lot Size
7,500 ft²
Sq. Ft.
1,403 ft²
Sq. Mt.
130 m²
Price per sq. ft.
$2,120/ft²
Price per sq. mt.
$22,885/m²
Stories
—
Garage
1 spaces
Pool
—
Days on Market
321 days
Listed
Jul 29, 2025
Last Updated
Jul 2, 2026
Price/Lot Sq.Ft.
$397/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Key Biscayne

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

Sellers market

October 2026

100/100
Buyers marketSellers market

59

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).

7/2/2026Sold$2,975,000
7/29/2025Listed for sale$2,975,000

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

Location

355 Redwood Ln, Key Biscayne FL 33149Directions

Estimated Monthly Payment

$18,463/mo

Principal & Interest

$15,834

Property Tax

$2,479

Insurance

$150

HOA

$0

20% ($595,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.

Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.

Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.

Updated within 24 hours

Similar listings nearby

More homes in Key Biscayne around $2,975,000.

Call NowWhatsApp