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Single Family Residence
$3,550,000$1,631 / sqft

255 Ridgewood Rd, Key Biscayne FL 33149

4
Bedrooms
3
Bathrooms
2,177 sqft
Interior
1953
Year built
None
HOA
Single Family Residence
Type

About this home

A beautifully remodeled residence offering a refined blend of style, comfort, and seamless indoor-outdoor living. Recently upgraded with impact windows and doors installed in February with warranty, the light-filled interiors showcase travertine flooring, fresh paint, and updated lighting throughout. The renovated kitchen features stainless steel appliances, a wine cooler, and flows effortlessly into expansive living spaces, including a formal living room and a spacious dining and family area overlooking the pool and garden. A thoughtful split floor plan enhances privacy, highlighted by a generous primary suite with a custom walk-in closet and direct pool access, along with a secondary bedroom featuring its own bath and pool entry. Additional improvements include updated bathrooms, new AC ductwork with linear vents, an upgraded electrical panel, and a tankless water heater. Outdoors, a palm-lined yard surrounds the pool within fully fenced grounds with dual aluminum gates. A new aluminum roof installed in September 2024, two AC systems, sprinkler system, and ample parking complete this well-appointed home.

Features

  • First Floor Entry
  • Laundry Tub
  • Other
  • Utility Room/Laundry
  • Pool

Estimated loan & HOA

$17,951

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$17,951
HOA
None

Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
Compass Florida, LLC.

Run the numbers

We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.

Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management

Cap rate
Cash-on-cash
Monthly cash flow
Net operating income

Enter rent, property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.

Illustration only — not a loan offer, quote, or investment advice. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.

Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.