470 W PALMWOOD LN, Key Biscayne, FL 33149

470 W PALMWOOD LN, Key Biscayne, FL 33149 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 1952 with 2,999 square feet of living space on a 9,260 square foot lot. The property is currently owned by JUAN FERNANDO FONSECA JULIANA POSADA, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2013-11-25 for $2,200,000, when WILLIAM C ARNHOLS &W LINDA L sold to JUAN FERNANDO FONSECA. The property has appreciated $1,050,000 (91%) since the prior sale of $1,150,000 on 2002-09-01. There are 3 recorded sales for this property.

The 2025 assessed value is $1,718,153 with a market value of $2,935,045. This breaks down to $2,407,600 for the land and $527,445 for the building. The assessed value increased 3% from $1,669,731 in 2024.

The property has the following tax exemptions: homestead. This property is located in FEMA Flood Zone AE, a Special Flood Hazard Area with a 1% annual chance of flooding (100-year floodplain). Flood insurance is typically required by lenders for properties in this zone.

The median household income in this area is $250,001, and the median home value is $2,000,001. The population density is 3,407 people per square mile. 470 W PALMWOOD LN, Key Biscayne, FL 33149 is located in Key Biscayne, Florida.

Property records, tax assessments, sales history, and ownership information for this Key Biscayne property are sourced from miami_dade County public records. The complete ownership history of this property spans from 2000 to 2013, with 3 recorded transactions in the public record. The current assessed value represents 78% of the most recent sale price.

Based on the most recent sale, this property traded at $734 per square foot — a key metric for comparing value across Key Biscayne's real estate market..