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Waterfront · Townhouse
$2,795,000$1,694 / sqft
596 Fernwood Rd # B, Key Biscayne FL 33149
Listed
3
Bedrooms
4
Bathrooms
1,650 sqft
Interior
1981
Year built
None
HOA
Townhouse
Type
About this home
This spacious 3-bedroom, 3.5-bath residence offers 2,200 square feet of comfort and style. The contemporary kitchen, outfitted with high-end appliances, opens effortlessly to the expansive living and dining areas—perfect for hosting or simply relaxing at home. Unwind on your private patio, ideal for alfresco dinners, morning coffee, or enjoying the Florida sunshine in peace. And here’s a true rarity in Key Biscayne—parking space for up to 6 cars right in front of the home. Whether you’re welcoming guests or need room for your own vehicles, convenience is never an issue.Located just minutes from beaches, parks, shops, and dining, this home brings you close to everything the island has to offer—plus extra storage space for all your essentials.
Features
- Second Floor Entry
- Closet Cabinetry
- Garage Converted
- Recreation Room
- Workshop
- Garden View
Leasing
- Minimum lease
- 30 days
- Leases permitted per year
- 12
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
Location
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 3-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,500–$3,450.That is what landlords ask, not what units let for — edit it if you know better.
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 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. We are not a lender and neither offer nor arrange financing. 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.