TROPICAL ISLE HOMES SUB 4
250 Fernwood Rd, Key Biscayne FL 33149
3 beds · 2 baths · 1,391 ft²
$2,999,000
Est. Payment $15,962/mo
3
Bedrooms
2
Bathrooms
1,391
Sq. Ft.
1953
Year Built
69
Days on Market
Description
Oversized lot at 8,088sqft with duplex zoning. Live as-is in classic mackle home with light remodeling, renovate or build your dream home in island paradise. Fernwood location offers pefect, central location close to all Key Biscayne has to offer. Seller financing available. 24hrs notice.
Facts
- MLS#
- A11959405
- Subdivision
- TROPICAL ISLE HOMES SUB 4
- Property Type
- Residential
- Property Sub Type
- Single Family Residence
- Year Built
- 1953
- Lot Size
- 8,088 ft²
- Sq. Ft.
- 1,391 ft²
- Sq. Mt.
- 129 m²
- Price per sq. ft.
- $2,156/ft²
- Price per sq. mt.
- $23,248/m²
- Stories
- —
- Garage
- —
- Pool
- —
- Days on Market
- 69 days
- Listed
- Feb 4, 2026
- Last Updated
- Jun 2, 2026
- Price/Lot Sq.Ft.
- $371/ft²
Comparable homes
Same ZIP, similar price + bedrooms.
SOLD$3,000,000
3 bd · 2 ba · 1,333 sqft
301 Redwood Ln, Key Biscayne FL 33149
SOLD$2,975,000
3 bd · 2 ba · 1,403 sqft
355 Redwood Ln, Key Biscayne FL 33149

$2,950,000
3 bd · 2 ba · 1,782 sqft
1111 Crandon Blvd # A501, Key Biscayne FL 33149
SOLD$2,950,000
3 bd · 2 ba · 2,388 sqft
760 Allendale Road, Key Biscayne FL 33149

$2,850,000
3 bd · 2 ba · 1,889 sqft
600 Grapetree Dr, Key Biscayne FL 33149
SOLD$2,850,000
3 bd · 3 ba · 1,930 sqft
177 Ocean Lane Dr # 1101, Key Biscayne FL 33149

$2,990,000
3 bd · 3 ba · 1,930 sqft
199 Ocean Lane Drive # 801, Key Biscayne FL 33149
SOLD$3,165,000
3 bd · 2 ba · 2,113 sqft
204 Westwood Dr, Key Biscayne FL 33149
Market insights for Key Biscayne
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
August 2026
49
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).
| 6/2/2026 | Sold | $2,999,000 |
| 2/4/2026 | Listed for sale | $2,999,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
Estimated Monthly Payment
$18,611/mo
Principal & Interest
$15,962
Property Tax
$2,499
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
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
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