$2,265,000
●
House -
Off Market
265 W Heather Drive
Key Biscayne, FL 33149
6 Beds
5 Baths,
1
Half Bath
3,426 Ft²
$4,499,525
RealtyHop Estimate
76.45%
Since Jun 1, 2019
FL-Miami
Primary Model
About This Property
Welcome home to one of the most desired communities in America. The
island of Key Biscayne welcomes you home from the hustle of
downtown Miami, to the tranquility of island life. Recreational
parks, culture, art, restaurants, unparalleled family environment,
make Key Biscayne stand out from other communities in Dade County.
Our home is tastefully renovated and offers a floor plan ideal for
entertaining and privacy. The home consists of 6 bedrooms and 5.5
baths between 3 levels of living space. Build quality is superior
with fantastic cosmetic design and materials used through out the
home. A backyard ideal for enjoying your own tropical oasis and
room to have guests over for holidays/events. Well look forward to
hosting you for your private home tour.
Unit Size
3,426 Ft²
Days on Market
197 days
Land Size
0.17 acres
Price per sqft
$744
Property Type
House
Property Taxes
$2,928
HOA Dues
-
Year Built
2004
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 6 months ago (Beaches MLS #F10149832)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 18, 2019 | Sold | ||
| Sold | |||
| Apr 14, 2019 | No longer available | - | |
| No longer available | |||
| Mar 16, 2019 | Price Decreased |
$2,550,000
↓ $100K
(3.8%) | |
| Price Decreased | |||
| Dec 12, 2018 | Listed by Compass Florida, LLC | $2,650,000 | |
| Listed by Compass Florida, LLC | |||
| | |||
|
Welcome home to one of the most desired communities in America. The island of Key Biscayne welcomes you home from the hustle of downtown Miami, to the tranquility of island life. Recreational parks, culture, art, restaurants, unparalleled family environment, make Key Biscayne stand out from other communities in Dade County. Our home is tastefully renovated and offers a floor plan ideal for entertaining and privacy. The home consists of 6 bedrooms and 5.5 baths between 3 levels of living space. Build quality is superior with fantastic cosmetic design and materials used through out the home. A backyard ideal for enjoying your own tropical oasis and room to have guests over for holidays/events. Well look forward to hosting you for your private home tour. The manager has listed the unit size as 3426 square feet.
| |||
| Nov 12, 2018 | Listed by Compass Florida, LLC | $2,550,000 | |
| Listed by Compass Florida, LLC | |||
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Property Highlights
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
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Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Key Biscayne
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Listed by: Adam J Gurewicz
Compass Florida, LLC
Last Updated: 6 months ago
Data Source: Beaches MLS, MLS# F10149832
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
Compass Florida, LLC
Last Updated: 6 months ago
Data Source: Beaches MLS, MLS# F10149832
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017