NOT LISTED FOR SALE

425 W Mashta Dr Key Biscayne, FL 33149

Estimated Value: $6,433,000 - $10,835,503

6 Beds
6.5 Baths
3,636 Sq Ft
$2,375/Sq Ft Est. Value

Last Sold June 16, 2021

Last sale price $7,500,000 $2,063 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $50,889/month

109 Days on Market

Highlights

  • Property has ocean access
  • Dock Available
  • Fitness Center
  • Key Biscayne K-8 Center Rated A-
  • Boat Lift
  • In Ground Pool

About This Home

As of June 2021

A true boater’s paradise with 165 feet on the water on gorgeous Hurricane Harbor. A Florida waterfront home with fantastic and gorgeous open views, stunning sunsets and southern exposure which makes this residence very bright and light. Charming, remodeled and updated, perfect for a family to enjoy offering 6 bedrooms, 6.5 baths, spacious living-dining room area, great kitchen, a splendid pool and patio area, wonderful terraces throughout and plenty of parking area. Enjoy island living at its best …in this private and gated hideaway.

Last Agent to Sell the Property

Brigitte Nachtigall

One Sotheby's International Realty License #0542022 Listed on: 12/26/2020

One Sotheby's International Realty

Co-Listed By

Jorge Boj

One Sotheby's International Realty License #3016066

Last Buyer's Agent

Jennifer Molina

One Sotheby's International Realty License #3235157

One Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $58,304

Year Built

  • Built in 1964

Lot Details

  • 0.39 Acre Lot
  • 165 Ft Wide Lot
  • Waterfront
  • East Facing Home
  • Property is zoned 2000

Home Design

  • Split Level Home
  • Bahama Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,636 Sq Ft Home
  • Blinds
  • Formal Dining Room
  • Den
  • Bay Views

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 2 Attached Carport Spaces
  • Circular Driveway
  • Open Parking

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • Seawall
  • Boat Lift
  • Dock Available
  • Balcony

Schools

  • Keybiscayne Elementary School

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-001-3430

Community Details

Overview

  • No Home Owners Association
  • Biscayne Key Estates Subdivision

Recreation

  • Fitness Center
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$58,304

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1964
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Split Level
  • Carport Y N: Yes
  • Co List Office Mls Id: GRTP01
  • Co List Office Phone: 305-365-0711
  • Garage Yn: No
  • Horses: No
  • Inclusions: Boatlift,Dock Available, Dock Available
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: BISCAYNE KEY ESTATES
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Electric Range, Refrigerator, Washer
  • Interior Amenities: Second Floor Entry, Walk-In Closet(s), Den/Library/Office
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 3636
  • Possible Use: Primary
  • Window Features: Blinds
  • Bedroom Features: At Least 1 Bedroom Ground Level, Master Bedroom Upstairs
  • Dining Room Features: Formal Dining
  • Living Room Features: Den/Library/Office
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • Roof: Bahama
  • View: Bay, Water
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Open Balcony
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Seawall
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: BISCAYNE KEY ESTATES
  • Carport Spaces: 2
  • Covered Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Attached Carport, Circular Driveway, Covered, Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Pool, Exercise Room

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Keybiscayne

Lot Info

  • Parcel Number: 24-52-05-001-3430
  • Lot Size Sq Ft: 17112
  • Zoning: 2000
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 58304

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 19, 2025
Sold by
Molina Nicolas
Bought by
Nicolas Molina Revocable Trust and Molina
Current Estimated Value
$8,634,252

Purchase Details

Listed on
Dec 26, 2020
Closed on
Jun 10, 2021
Sold by
Cinquegrana Ridgely and Oconnell Elizabeth
Bought by
Molina Nicolas
Seller's Agent
Brigitte Nachtigall
One Sotheby's International Realty
Buyer's Agent
Jennifer Molina
One Sotheby's International Realty
List Price
$7,850,000
Sold Price
$7,500,000
Premium/Discount to List
-$350,000
-4.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.12%
Original Mortgage
$4,000,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2004
Sold by
Noseda Emilio R
Bought by
Cinquegrana Ridgely and Oconnell Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
5.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 25, 1996
Sold by
Noseda Ana Lia
Bought by
Noseda Emilio R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Nicolas Molina Revocable Trust -- None Listed On Document
Nicolas Molina Revocable Trust -- None Listed On Document
Molina Nicolas $7,500,000 South Florida Ttl Group Inc
Cinquegrana Ridgely $3,995,000 --
Noseda Emilio R $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Molina Nicolas $4,000,000
Previous Owner Cinquegrana Ridgely $2,000,000
Closed Cinquegrana Ridgely $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2021 06/16/21 Sold $7,500,000 -4.5% $2,063 / Sq Ft
04/14/2021 04/14/21 Pending -- -- --
12/26/2020 12/26/20 For Sale $7,850,000 0.0% $2,159 / Sq Ft
12/01/2020 12/01/20 Rented $35,000 +25.0% --
09/14/2020 09/14/20 Under Contract -- -- --
07/20/2020 07/20/20 For Rent $28,000 +12.0% --
05/18/2020 05/18/20 Rented $25,000 +8.7% --
12/17/2019 12/17/19 Price Changed $23,000 +9.5% $6 / Sq Ft
05/09/2019 05/09/19 Price Changed $21,000 -14.3% $6 / Sq Ft
02/08/2018 02/08/18 Price Changed $24,500 +6.5% $7 / Sq Ft
02/02/2018 02/02/18 For Rent $23,000 -- --
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $68,876 $4,450,519 -- --
2024 $89,020 $4,325,092 -- --
2023 $89,020 $5,525,315 $0 $0
2022 $85,795 $5,364,384 $0 $0
2021 $59,989 $3,616,269 $0 $0
2020 $58,304 $3,566,341 $0 $0
2019 $57,122 $3,486,160 $0 $0
2018 $54,229 $3,421,158 $0 $0
2017 $53,552 $3,350,792 $0 $0
2016 $53,749 $3,281,873 $0 $0
2015 $54,528 $3,259,060 $0 $0
2014 $55,373 $3,233,195 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10974802

MIAMI REALTORS® MLS

APN: 24-5205-001-3430