NOT LISTED FOR SALE

481 S Mashta Dr Key Biscayne, FL 33149

Estimated Value: $6,181,000 - $14,454,859

6 Beds
6.5 Baths
7,048 Sq Ft
$1,384/Sq Ft Est. Value

Sale Details

Date Sold: April 20, 2015

Last sale price $7,633,000 $1,083 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $54,253 / mo

280 Days on Market

Highlights

  • Property has ocean access
  • Deeded Boat Dock
  • 17,012 Sq Ft lot
  • Key Biscayne K-8 Center Rated A-
  • In Ground Pool
  • Home fronts a canal

About This Home

As of April 2015

This magnificent home is absolutely unique,elegant and yet cozy.Enjoy 3 incredible levels of glamour and sophistication with very defined spaces.Master Bedroom suite+ 3 additional bedrooms on the 3rd level;living,formal dining, kitchen/family room,Office /library and guest room are in the 2nd/level and recreation area,storage+staff quarters are in the 1st/level with an amazing pool&Jacuzzi overlooking the harbor.With over 17,000 SqFt. of land,garage,generator+dock.Perfect for family living& boaters dream!

Last Agent to Sell the Property

Brigitte Nachtigall

One Sotheby's International Realty License #0542022 Listed on: 07/08/2014

One Sotheby's International Realty

Co-Listed By

Brigitte De Langeron

DLS International Realty License #0545936

Last Buyer's Agent

Gustavo Lumer

Lumer Real Estate License #3046797

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $52,056

Year Built

  • Built in 1989

Lot Details

  • 17,012 Sq Ft Lot
  • Home fronts a canal
  • South Facing Home
  • Property is zoned 20/ESTAT

Parking

  • 2 Car Attached Garage
  • Driveway
  • Paver Block
  • Guest Parking
  • Open Parking

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 7,048 Sq Ft Home
  • Built-In Features
  • Vaulted Ceiling
  • Drapes & Rods
  • Blinds
  • Formal Dining Room
  • Marble Flooring
  • Canal Views
  • Fire and Smoke Detector

Kitchen

  • Built-In Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Cooking Island
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Maid or Guest Quarters
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Pool Equipment Stays

Outdoor Features

  • Property has ocean access
  • Deeded Boat Dock
  • Patio
  • Exterior Lighting
  • Porch

Schools

  • Keybiscayne Elementary School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-017-0110

Community Details

Overview

  • No Home Owners Association
  • 5 55 42 Smugglers Cove Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$52,056

Year Built

Built in 1989

Lot Details

0.39 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1989
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Three Or More Stories
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: 5 55 42 SMUGGLERS COVE
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
  • Interior Amenities: Second Floor Entry, Built-in Features, Cooking Island, Volume Ceilings, Walk-In Closet(s), Maid/In-Law Quarters
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 7048
  • Possible Use: Primary
  • Window Features: Blinds, Drapes
  • Bedroom Features: Primary Bedroom Upstairs
  • Dining Room Features: Formal Dining
  • Living Room Features: Maid/In-Law Quarters
  • Master Bathroom Features: Separate Tub & Shower, Dual Sinks

Exterior Features

  • Roof: Other
  • View: Canal
  • Exterior Features: Lighting
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Open Porch, Patio
  • Pool Features: In Ground, Equipment Stays
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Canal Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: 5 55 42 SMUGGLERS COVE
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway, Paver Block, Guest

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Electric
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, Fuse Box
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Smoke Detector

Condo/Co-op/Association

  • Association: No
  • Community Features: Pool, Public Road, Street Lights

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Keybiscayne

Lot Info

  • Parcel Number: 24-52-05-017-0110
  • Lot Size Sq Ft: 17012
  • Zoning: 20/ESTAT
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 52056

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2024
Sold by
Cohen Martin Fernando and Cohen Carol
Bought by
Paloma F Trust and Cohen
Current Estimated Value
$9,757,620

Purchase Details

Closed on
Jan 1, 2024
Sold by
Cohen Martin F and Cohen Cecilia Santos
Bought by
Cohen Martin F

Purchase Details

Closed on
Dec 11, 2015
Sold by
Island 481 Llc
Bought by
Cohen Martin F and Cohen Cecilia Santos Vaz

Purchase Details

Listed on
Jul 8, 2014
Closed on
Apr 10, 2015
Sold by
Rothfeldt Marc and Rothfeldt Magdalena S
Bought by
Island 481 Llc
Seller's Agent
Brigitte Nachtigall
One Sotheby's International Realty
Buyer's Agent
Gustavo Lumer
Lumer Real Estate
List Price
$9,500,000
Sold Price
$7,633,000
Premium/Discount to List
-$1,867,000
-19.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.24%
Original Mortgage
$5,000,000
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2000
Sold by
Procida Corp
Bought by
Rothfeldt Marc and Rothfeldt Magdlena S

Purchase Details

Closed on
Aug 28, 1998
Sold by
Atrio Justo A and Atrio Martha S
Bought by
Procida Corp
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Paloma F Trust -- None Listed On Document
Cohen Martin F -- None Listed On Document
Cohen Martin F $29,700 Attorney
Island 481 Llc $7,633,000 None Available
Rothfeldt Marc $2,700,000 --
Procida Corp $2,150,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner Island 481 Llc $5,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2015 04/20/15 Sold $7,633,000 -14.2% $1,083 / Sq Ft
04/15/2015 04/15/15 Pending -- -- --
11/07/2014 11/07/14 Price Changed $8,900,000 -6.3% $1,263 / Sq Ft
07/08/2014 07/08/14 For Sale $9,500,000 -- $1,348 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $26,574 $8,641,454 -- --
2024 $84,924 $5,433,777 -- --
2023 $84,924 $5,275,512 $0 $0
2022 $81,871 $5,121,857 $0 $0
2021 $82,240 $4,972,677 $4,167,940 $804,737
2020 $81,618 $4,982,692 $4,167,940 $814,752
2019 $81,987 $4,992,702 $4,167,940 $824,762
2018 $83,847 $5,274,903 $4,440,132 $834,771
2017 $84,120 $5,246,483 $0 $0
2016 $95,013 $5,784,876 $0 $0
2015 $52,279 $3,132,156 $0 $0
2014 -- $3,107,298 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1974133

MIAMI REALTORS® MLS

APN: 24-5205-017-0110

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