NOT LISTED FOR SALE

471 N Mashta Dr Key Biscayne, FL 33149

Estimated Value: $6,378,000 - $19,312,949

7 Beds
7.5 Baths
7,109 Sq Ft
$1,545/Sq Ft Est. Value

Last Sold August 27, 2020

Last sale price $7,600,000 $1,069 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $68,405/month

565 Days on Market

Highlights

  • Property has ocean access
  • In Ground Pool
  • Lagoon View
  • Key Biscayne K-8 Center Rated A-
  • Sitting Area In Primary Bedroom
  • 16,800 Sq Ft lot

About This Home

As of August 2020

Stunning Bay, Harbor and Miami Skyline Views from this Addison Mizner-inspired waterfront estate. Villa
Bellavista, built in 2002 and meticulously maintained, located in a quiet cul-de-sac on Key Biscayne’s
coveted Mashta Island. Residence boasts 5 suites upstairs, 2 suites down for office/library/service/guest
quarters, 7.5 baths, huge Master Suite with sitting area, Formal Living Room with fireplace,
Family/Entertainment Room, Formal Dining, Modern Kitchen, Breakfast Area, all leading to broad open
terraces with spectacular water views. Amenities include dual entrances, privacy wall, electrical
gates for bothl driveways, 3-car garage, courtyards, pool, spa, new sea wall, 120ft of waterfront
and dock for large yacht with immediate access to Smugglers Cove and Biscayne Bay.

Last Agent to Sell the Property

Brigitte De Langeron

DLS International Realty License #0545936 Listed on: 01/23/2019

Last Buyer's Agent

Maria Cecilia Sanchez

Great Properties International LLC License #3265314

Great Properties International LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $65,467

Year Built

  • Built in 2002

Lot Details

  • 0.39 Acre Lot
  • 120 Ft Wide Lot
  • Home fronts a canal
  • West Facing Home
  • Property is zoned 2001

Parking

  • 3 Car Attached Garage
  • Attached Carport
  • Automatic Garage Door Opener
  • Driveway
  • Paver Block
  • Guest Parking
  • Open Parking

Property Views

  • Lagoon
  • Canal

Home Design

  • Mediterranean Architecture
  • Bahama Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 7,109 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Fireplace
  • Entrance Foyer
  • Great Room
  • Family Room
  • Formal Dining Room
  • Den

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Electric Range
  • Dishwasher
  • Cooking Island

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Sitting Area In Primary Bedroom
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Closet Cabinetry
  • Maid or Guest Quarters
  • Dual Sinks

Laundry

  • Dryer
  • Washer

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • No Fixed Bridges
  • Seawall
  • Balcony
  • Deck
  • Exterior Lighting

Schools

  • Keybiscayne Elementary School
  • Mast Academy High School

Utilities

  • Cooling Available
  • Central Heating

Community Details

  • Property has a Home Owners Association
  • Smugglers Cove Subdivision
  • The community has rules related to no trucks or trailers

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-017-0020

Home Details

Home Type

Single Family

Est. Annual Taxes

$65,467

Year Built

Built in 2002

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 2002
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Two Story, Mediterranean
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Unrestricted Salt Water Access
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: SMUGGLERS COVE
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Closet Cabinetry, Cooking Island, Fire Sprinklers, Entrance Foyer, Den/Library/Office, Family Room, Great Room, Maid/In-Law Quarters
  • Spa Yn: No
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Entry Location: Foyer
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Carpet, Marble, Other
  • Furnished: Unfurnished
  • Living Area: 7109
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Primary
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level, Sitting Area - Master Bedroom, Master Bedroom Upstairs
  • Dining Room Features: Breakfast Area, Eat-In Kitchen, Formal Dining
  • Living Room Features: Den/Library/Office, Family Room, Great Room, Maid/In-Law Quarters
  • Master Bathroom Features: Dual Sinks

Exterior Features

  • Roof: Bahama
  • View: Canal, Lagoon
  • Exterior Features: Lighting, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Deck, Open Balcony
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Canal Front, No Fixed Bridges, Seawall
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: SMUGGLERS COVE
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Open Parking: Yes
  • Parking Features: Attached Carport, Driveway, Guest, Paver Block, No Trucks/Trailers

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Smoke Detector

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Paved Road, Street Lights

Association/Amenities

  • MIAMIRE_TypeofAssociation: Voluntary

Schools

  • Elementary School: Keybiscayne
  • High School: Mast Academy

Lot Info

  • Parcel Number: 24-52-05-017-0020
  • Lot Size Sq Ft: 16800
  • Zoning: 2001
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 65467

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2019
Closed on
Aug 27, 2020
Sold by
Formoso Murias Hector and Formoso Marika Gulyas
Bought by
Global Cap Real Estate Llc
Seller's Agent
Brigitte De Langeron
DLS International Realty
Buyer's Agent
Maria Cecilia Sanchez
Great Properties International LLC
List Price
$8,695,000
Sold Price
$7,600,000
Premium/Discount to List
-$1,095,000
-12.59%
Current Estimated Value
$10,982,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,382,983
Avg. Annual Appreciation
7.21%

Purchase Details

Closed on
Apr 11, 2003
Sold by
Habitat Creators Ii Inc
Bought by
Formoso Murias Hector and Formoso Marika Gulyas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,197,300
Interest Rate
5.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 27, 2000
Sold by
Cardenal Mercedes
Bought by
Habitat Creators Ii Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Global Cap Real Estate Llc $7,600,000 Attorney
Formoso Murias Hector $31,390 --
Habitat Creators Ii Inc $1,350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Formoso Murias Hector $2,197,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2020 08/27/20 Sold $7,600,000 -3.2% $1,069 / Sq Ft
07/09/2020 07/09/20 Pending -- -- --
10/01/2019 10/01/19 Price Changed $7,850,000 -9.7% $1,104 / Sq Ft
12/22/2018 12/22/18 For Sale $8,695,000 -- $1,223 / Sq Ft
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 $129,642 $8,645,780 -- --
2024 $119,491 $7,859,800 -- --
2023 $119,491 $7,145,273 $0 $0
2022 $109,154 $6,495,703 $0 $0
2021 $98,233 $5,905,185 $4,116,000 $1,789,185
2020 $70,387 $4,302,413 $0 $0
2019 $68,961 $4,205,683 $0 $0
2018 $65,467 $4,127,265 $0 $0
2017 $64,668 $4,042,376 $0 $0
2016 $64,825 $3,959,233 $0 $0
2015 $65,791 $3,931,712 $0 $0
2014 $66,788 $3,900,508 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brigitte De Langeron

    Seller's Agent in 2020

    Brigitte De Langeron

    DLS International Realty

    (305) 459-3875

    32 in this area

    40 Total Sales

    Brigitte De Langeron
    Section Image
  • Maria Cecilia Sanchez

    Buyer's Agent in 2020

    Maria Cecilia Sanchez

    Great Properties International LLC

    (305) 283-7265

    5 Total Sales

    Maria Cecilia Sanchez
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10604394

MIAMI REALTORS® MLS

APN: 24-5205-017-0020

Florida Miami/Dade County Key Biscayne 33149

471 N Mashta Dr, Key Biscayne, FL

Not Listed for Sale

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