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290 Fernwood Road

290 Fernwood Road, Key Biscayne, FL 33149
Multifamily in Tropical Isle Homes
290 Fernwood Road has been categorized by the local assessors in Key Biscayne, FL as a residential type of property. The building on the property was first built in 2008 and is 16 years old. The home has a total of 6 bedrooms. Residents will have access to 4 full bathrooms. There are 5 partial bathrooms in the home. The building has a total of 2 stories. In addition, 290 Fernwood Road has 4,094 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,000 ft and across the front of the lot is 760 ft. The area measurement of the land has been determined as 7,694 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying a patio. Love to swim? You'll be excited to find out that there is a pool on the property. The building has a gable or hip style roof made of concrete. The exterior walls of the building are made of concrete block. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. The property was last sold in Aug 13, 2021 for $1,700,000. That's $357.44 per sqft. Prior to that sales transaction, the property was also sold in Jul 16, 2021 for $1,650,000. 290 Fernwood Road was last assessed in 2021. The total value of the property was assessed at $1,986,911. Specifically, the land the property is located on was valued at $1,052,539. While improvements on the property were assessed at a total of $934,372. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $33,674. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Parking

Open Parking
Carport

Exterior

Block Exterior
This property description is generated based on publicly available data.

3 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220613 Unit 1
06/13/2022
1
3 Bed
3 Bath
1868 ft²
$2,890,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
1868 ft²
-
-
-
Giulietta Ulloa
BHHS EWM Realty
20210203
02/03/2021
Studio
-
4756 ft²
$2,800,000
bedrooms
Studio
bathrooms
-
square feet
4756 ft²
$1,700,000 -39.29%
08/23/2021
Vicky Rua
BHHS EWM Realty
20190918
09/18/2019
6 Bed
6 Bath
4094 ft²
$3,300,000
bedrooms
6 Bed
bathrooms
6 Bath
square feet
4094 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Building Count: 1
  • Bedroom Count: 6
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Style: Duplex
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Concrete
  • Floor Count: 2
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0
  • Patio Type: Patio
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 7,694
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 760
  • Total Building Area: 4,756
  • Gross Building Area: 4,756
  • Building Area: 4,094
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,094
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TROPICAL ISLE HOMES SUB
  • Land Acres: 0.177
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: 32 54 42 PB 53-39 TROPICAL ISLE HOMES SUB 4TH ADDN LOT 6 BLK 21 LOT SIZE 76.940 X 100 OR 19135-0490 05 2000 1 COC 24396-4603 03 2006 1

Ownership

  • Current Owner : YAZICI VOLKAN OKAY
  • Current Owner 2: YAZICI NATASHA ALICIA
  • Previous Owner : COASTAL HOMEBUILDERS AT KEY BISCAYNE LLC
  • Owner Before Previous Owner: COASTAL HOMEBUILDERS AT KEY BISCAYNE LLC
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: KEY BISCAYNE
  • Census Tract: 004602

Zoning

  • Zoning: 5700

Geography

  • District: 24
  • Parcel: 24-4232-006-0860
  • Block: 21
  • Lot: 6
  • Meridian: SEC 32 TWN 54S RNG 42E
  • Municipality: KEY BISCAYNE
  • Latitude: 25.6959
  • Longitude: -80.1647

    Address

  • Full Address: 290 Fernwood Rd
  • Address - House Number: 290
  • Address - Street Name: Fernwood
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Key Biscayne
  • Carrier Code: C075
  • 4-Digit Zip Code: 1308
  • Zip Code: 33149

Valuation

    Tax

  • Total Area: 3,983
  • Tax Year: 2021
  • Tax Amount: $33,674
  • Tax Rate Code Area: 2400

    Appraisal Valuation

  • Standard Deviation: 0.0972
  • Valuation Date: Nov 09, 2022
  • Confidence Score: 91
  • Final Value: 2,657,296
  • High Value: 2,915,797
  • Low Value: 2,398,796

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,296,000
  • First Open Lien Mortgage Lender: BUENA VISTA LENDING GROUP LLC
  • First Open Lien Mortgage Recording Date: Aug 23, 2021
  • First Open Lien Mortgage Loan Amount: $1,296,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2051

    Market Valuation

  • Market Total Value: $1,986,911
  • Market Land Value: $1,052,539
  • Market Improvement Value: $934,372

    Assessments Valuation

  • Assessed Year: 2021
  • Assessed Total Value: $1,986,911
  • Assessed Land Value: $1,052,539
  • Assessed Improvements Value: $934,372

    Sales

  • Current Sale Contract Date: Aug 13, 2021
  • Current Sale Recording Date: Aug 23, 2021
  • Current Sale Transaction ID: 11854613356
  • Current Sale Price: $1,700,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2021R0617612
  • Previous Sale Recording Date: Aug 04, 2021
  • Previous Sale Contract Date: Jul 16, 2021
  • Previous Sale Amount: $1,650,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BUENA VISTA LENDING GROUP LLC
  • First Mortgage Transaction Date: Aug 23, 2021
  • First Mortgage Loan Amount: $1,296,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: CENTENNIAL BANK
  • Previous Mortgage Transaction Date: Aug 04, 2021
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $950,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2051

About Key Biscayne



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Frequently Asked Questions

What neighborhood is 290 Fernwood Road located in?
The 290 Fernwood Road is a multifamily located in the neighborhood of Tropical Isle Homes in Key Biscayne, Key Biscayne.
What is the average sales price for listings in 290 Fernwood Road?
The average sales price for units in 290 Fernwood Road is $3,300,000 , or $694/sqft. currently.

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