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

Get More Info About This Property

255 Ridgewood Rd, Key Biscayne, FL 33149

Active · SingleFamilyResidence

$3,550,000

255 Ridgewood Rd, Key Biscayne, FL 33149

Beds
4
Baths
3
Living area
2,177 sq ft
$ / sq ft
$1,631/sq ft
Year built
1953
Lot size
7,778 sq ft
HOA fee
—
Annual tax
$37,495

About this property

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.

Property location

Get Directions

255 Ridgewood Rd, Key Biscayne, FL 33149

Loading property location…

Facts & features

Interior

Bedrooms
4
Bathrooms
3
Living area
2,177 sq ft
Flooring
Ceramic Tile
Appliances
Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
Cooling
Central Air
Heating
Electric
Interior features
Breakfast Bar, Bedroom On Main Level, Dining Area, Separate Formal Dining Room, First Floor Entry, Sitting Area In Primary

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1953
Lot size
7,778 sq ft
Architectural style
Detached, One Story
Roof
Aluminum
Construction
CBSConcrete Block Structure, Block
Exterior features
Security High Impact Doors, Patio
Pool
In Ground, Pool
View
Pool

Parking

Garage spaces
0
Covered spaces
0
Parking features
Driveway, Paver Block

HOA, Community & Financials

Pets allowed
Dogs Ok, Yes
Annual tax
$37,495
Subdivision
TROPICAL ISLE HOMES SUB 4
County
Miami-Dade
Days on market
158
MLS listing ID
A12002746
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

-$9,711

Cap rate
2.4%
Net yield
2.4%
Cash-on-cash return
-11.7%
Gross yield
4.6%
Mortgage payment
$16,829/mo
Down payment
$887,500
Loan amount
$2,662,500
Annual NOI
$85,410

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