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Single Family Residence
$3,800,000$1,117 / sqft
691 Ridgewood Rd, Key Biscayne FL 33149
Listed
4
Bedrooms
4
Bathrooms
3,403 sqft
Interior
1951
Year built
None
HOA
Single Family Residence
Type
About this home
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.
Features
- Cooking Island
- Pantry
- Other
- Barbeque
- Lighting
- Open Balcony
Leasing
- Minimum lease
- Not stated
- Ok To Lease
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 4-bed rentals in Key Biscayne, from 7 active listings; the middle half ask $12,900–$18,900.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.