691 Ridgewood Rd, Key Biscayne, FL 33149 — MLS photo

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691 Ridgewood Rd, Key Biscayne, FL 33149

Active · SingleFamilyResidence

$3,800,000

691 Ridgewood Rd, Key Biscayne, FL 33149

Beds
4
Baths
4
Living area
3,403 sq ft
$ / sq ft
$1,117/sq ft
Year built
1951
Lot size
8,367 sq ft
HOA fee
—
Annual tax
—

About this property

Don’t miss this unique opportunity to own a stunning oversized corner lot spanning 8,367SF! This beautifully remodeled home boasts a brand-new roof and appliances, ensuring modern comfort and peace of mind. Step inside to soaring high ceilings and a spacious open floor plan, highlighted by elegant wood floors throughout. The gourmet open kitchen is a true showstopper, perfect for cooking and entertaining in style. Designed for those who love the island lifestyle, this home offers expansive living spaces, a gorgeous pool area, and inviting outdoor areas perfect for entertaining or simply unwinding in paradise.

Property location

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691 Ridgewood Rd, Key Biscayne, FL 33149

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Facts & features

Interior

Bedrooms
4
Bathrooms
4
Living area
3,403 sq ft

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1951
Lot size
8,367 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Miami-Dade
MLS listing ID
A11856342
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$11,330

Cap rate
2.1%
Net yield
2.1%
Cash-on-cash return
-12.8%
Gross yield
5.2%
Mortgage payment
$18,014/mo
Down payment
$950,000
Loan amount
$2,850,000
Annual NOI
$80,210

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.