NOT LISTED FOR SALE

601 S Mashta Dr Key Biscayne, FL 33149

Village of Key Biscayne Neighborhood

Estimated Value: $4,533,531 - $5,335,000

5 Beds
5.5 Baths
3,868 Sq Ft
$1,287/Sq Ft Est. Value

Last Sold December 01, 2022

Last sale price $4,225,000 $1,092 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $31,258/month

Highlights

  • In Ground Pool
  • Marble Flooring
  • No HOA
  • Key Biscayne K-8 Center Rated A-
  • Garden View
  • Recreation Facilities

About This Home

As of January 2023

Unique style residence located in the desirable Mashta Island in Key Biscayne. This 5 Bedrooms 5.5 bathrooms (all en-suite) offers marble throughout, high ceilings, spacious formal living, separate dining and a family room overlooking the terrace and pool. The kitchen is a Chef's dream come true with ultra high-end Italian wood cabinets, European hood and a custom gourmet "La Cornue" gas range. The master bedroom has very generous areas, it includes a den, a stunning terrace and a superb bathroom with and oversized glass shower and a free standing tub. The outdoor patio is perfect for those who love to entertain since includes a covered terrace, pristine pool and a top of the line Summer kitchen with professional grade BBQ. Owner is ideally looking to rent for 6 to 9 months.

Last Agent to Rent the Property

Brigitte Nachtigall

One Sotheby's International Realty License #0542022 Listed on: 12/02/2022

One Sotheby's International Realty

Co-Listed By

Jorge Boj

One Sotheby's International Realty License #3016066

Last Renter's Agent

Dolores Urdapilleta

Urdapilleta Real Estate, LLC License #3245467

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $58,466

Year Built

  • 1968

Lot Details

  • 10,000 Sq Ft Lot
  • South Facing Home
  • Property is zoned 2001

Home Design

  • Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,868 Sq Ft Home
  • Property has 2 Levels
  • Elevator
  • Built-In Features
  • Blinds
  • Sliding Windows
  • Family Room
  • Formal Dining Room
  • Den
  • Marble Flooring
  • Garden Views

Kitchen

  • Built-In Oven
  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Bathtub
  • Shower Only

Laundry

  • Dryer
  • Washer

Parking

  • Circular Driveway
  • Open Parking

Pool

  • In Ground Pool
  • Outdoor Pool

Outdoor Features

  • Patio
  • Outdoor Grill
  • Porch

Schools

  • Keybiscayne Elementary School

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Property Available on 12/7/22
  • 12 Months Lease Term
  • Assessor Parcel Number 24-52-05-009-0380

Community Details

Overview

  • No Home Owners Association
  • Mashta Island A Replat Of Subdivision

Recreation

  • Recreation Facilities
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$58,466

Year Built

1968

Lot Details

0

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions
  • Available Date: 2022-12-07
  • Lease Term: 12 Months

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Architectural Style: First Floor Entry
  • Co List Office Mls Id: GRTP01
  • Co List Office Phone: 305-365-0711
  • Garage Yn: No
  • Horses: No
  • Lease Assignable: No
  • Unit Levels: 2
  • New Construction: No
  • Structure Type: Single Family-Annual, House
  • Subdivision Name: MASHTA ISLAND A REPLAT OF
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Year Built: 1968

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Disposal, Dryer, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Walk-In Closet(s), Den/Library/Office, Family Room
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 3868
  • Other Equipment: Elevator
  • Window Features: Hurricane Shutters, Blinds, Sliding
  • Bedroom Features: Primary Bath Shower, Primary Bath Tub, Primary Bedroom Upstairs
  • Dining Room Features: Formal Dining
  • Living Room Features: Den/Library/Office, Family Room

Exterior Features

  • Roof: Curved/S-Tile Roof
  • View: Garden
  • Exterior Features: Barbeque, Built-In Grill
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Patio And Porch Features: Porch/Balcony, Open Porch, Patio
  • Pool Features: In Ground, Private
  • Pool Private: Yes
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: MASHTA ISLAND A REPLAT OF
  • Open Parking: Yes
  • Parking Features: Circular Driveway

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Community Features: Recreation Facilities

Schools

  • Elementary School: Keybiscayne

Lot Info

  • Parcel Number: 24-52-05-009-0380
  • Land Lease: No
  • Land Lease Amount Frequency: Annually
  • Lot Size Sq Ft: 10000
  • Zoning: 2001
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2022
Closed on
Dec 1, 2022
Sold by
Beriwal Madhu
Bought by
Mcg Investment Group Corp
Seller's Agent
Brigitte Nachtigall
One Sotheby's International Realty
Buyer's Agent
Dolores Urdapilleta
Urdapilleta Real Estate, LLC
Sold Price
$13,500
Views
4
Current Estimated Value
$4,976,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,963,383
Avg. Annual Appreciation
5.96%

Purchase Details

Listed on
Oct 27, 2021
Closed on
Mar 15, 2022
Sold by
Leon John W
Bought by
Beriwal Madhu
Seller's Agent
Miltiadis Kastanis
Compass Florida, LLC
Buyer's Agent
John Verea
FI Real Estate Brokerage LLC
List Price
$4,100,000
Sold Price
$4,030,000
Premium/Discount to List
-$70,000
-1.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.78%

Purchase Details

Listed on
Feb 5, 2019
Closed on
Jan 6, 2020
Sold by
Glaverkey Llc
Bought by
Leon John W
Seller's Agent
Carmen Tonarely
BHHS EWM Realty
Buyer's Agent
Eric Morales
Ocean & Associates Real Estate Group
List Price
$2,350,000
Sold Price
$2,340,000
Premium/Discount to List
-$10,000
-0.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.61%
Original Mortgage
$1,755,000
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 23, 2019
Sold by
Iliev Maxim
Bought by
Glaverkey Llc

Purchase Details

Listed on
Apr 20, 2018
Closed on
Apr 10, 2018
Sold by
Garcia Julio M and Garcia Mercedes C
Bought by
Iliev Maxim
Seller's Agent
Carmen Tonarely
BHHS EWM Realty
Buyer's Agent
Goran Tevdovski
MMLS Assoc.-Inactive Member
Sold Price
$9,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.89%

Purchase Details

Closed on
Feb 22, 1995
Sold by
Fernandez Cecile
Bought by
Garcia Julio M and Garcia Mercedes C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Interest Rate
9.18%
Source: Public Records

Range of Values:

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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
Mcg Investment Group Corp $4,225,000 --
Beriwal Madhu $4,030,000 New Title Company Name
Leon John W $2,340,000 Attorney
Glaverkey Llc -- Attorney
Iliev Maxim $2,300,000 Attorney
Garcia Julio M $515,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Leon John W $1,755,000
Previous Owner Garcia Julio M $412,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/28/2023 01/28/23 Rented $13,500 -3.6% --
12/09/2022 12/09/22 Under Contract -- -- --
12/02/2022 12/02/22 For Rent $14,000 0.0% --
12/01/2022 12/01/22 Sold $4,225,000 -8.6% $1,092 / Sq Ft View Prior Sale
11/04/2022 11/04/22 Pending -- -- --
10/01/2022 10/01/22 Price Changed $4,625,000 +3.4% $1,196 / Sq Ft
09/02/2022 09/02/22 For Sale $4,475,000 +11.0% $1,157 / Sq Ft
03/15/2022 03/15/22 Sold $4,030,000 -1.7% $1,042 / Sq Ft View Prior Sale
03/15/2022 03/15/22 Pending -- -- --
10/27/2021 10/27/21 For Sale $4,100,000 +75.2% $1,060 / Sq Ft
12/23/2019 12/23/19 Sold $2,340,000 -0.4% $605 / Sq Ft View Prior Sale
11/26/2019 11/26/19 For Sale $2,350,000 +0.4% $608 / Sq Ft
11/08/2019 11/08/19 Off Market $2,340,000 -- --
10/14/2019 10/14/19 Price Changed $2,350,000 -5.8% $608 / Sq Ft
02/01/2019 02/01/19 For Sale $2,495,000 0.0% $645 / Sq Ft
06/08/2018 06/08/18 Rented $9,000 -5.3% --
05/01/2018 05/01/18 Under Contract -- -- --
04/17/2018 04/17/18 For Rent $9,500 0.0% --
04/11/2018 04/11/18 Sold $2,300,000 -11.5% $542 / Sq Ft View Prior Sale
02/16/2018 02/16/18 Price Changed $2,599,999 0.0% $612 / Sq Ft
02/15/2018 02/15/18 Price Changed $2,599,000 -7.2% $612 / Sq Ft
02/15/2018 02/15/18 For Sale $2,800,000 +21.7% $660 / Sq Ft
11/07/2017 11/07/17 Off Market $2,300,000 -- --
10/31/2017 10/31/17 Price Changed $2,800,000 -6.4% $660 / Sq Ft
06/03/2017 06/03/17 For Sale $2,990,000 -- $704 / 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 $58,466 $3,102,044 $3,100,000 $2,044
2024 $59,526 $3,632,178 $2,850,000 $782,178
2023 $59,526 $3,640,785 $2,850,000 $790,785
2022 $43,550 $2,158,510 $0 $0
2021 $33,392 $1,962,282 $1,650,000 $312,282
2020 $31,462 $1,903,065 $1,650,000 $253,065
2019 $31,580 $1,905,453 $1,650,000 $255,453
2018 $35,330 $2,205,392 $1,770,000 $435,392
2017 $28,179 $1,782,853 $0 $0
2016 $28,270 $1,746,184 $0 $0
2015 $28,680 $1,734,046 $0 $0
2014 $29,121 $1,720,284 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brigitte Nachtigall

    Landlord's Agent in 2023

    Brigitte Nachtigall

    One Sotheby's International Realty

    (305) 710-9664

    65 in this area

    80 Total Sales

    Brigitte Nachtigall
    Section Image
  • Jorge Boj

    Landlord's Co-Listing Agent in 2023

    Jorge Boj

    One Sotheby's International Realty

    (305) 803-6956

    40 in this area

    50 Total Sales

    Jorge Boj
    Section Image
  • Dolores Urdapilleta

    Tenant's Agent in 2023

    Dolores Urdapilleta

    Urdapilleta Real Estate, LLC

    (305) 790-9946

    62 in this area

    108 Total Sales

    Dolores Urdapilleta
    Section Image
  • John Verea

    Seller's Agent in 2022

    John Verea

    FI Real Estate Brokerage LLC

    (310) 733-8183

    2 in this area

    24 Total Sales

    John Verea
    Section Image
  • Miltiadis Kastanis

    Seller's Agent in 2022

    Miltiadis Kastanis

    Compass Florida, LLC

    (305) 677-5000

    1 in this area

    80 Total Sales

    Miltiadis Kastanis
    Section Image
  • Natalia Purisaca

    Seller Co-Listing Agent in 2022

    Natalia Purisaca

    FI Real Estate Brokerage LLC

    (614) 327-5189

    2 in this area

    49 Total Sales

    Natalia Purisaca
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11308249

MIAMI REALTORS® MLS

APN: 24-5205-009-0380

Florida Miami/Dade County Key Biscayne 33149 Village of Key Biscayne

601 S Mashta Dr, Key Biscayne, FL

This home is located at 601 S Mashta Dr, Key Biscayne, FL 33149 since 02 December 2022 and is currently priced at $4,976,883. This property was built in 1968. 601 S Mashta Dr is a home located in Miami-Dade County with nearby schools including Key Biscayne K-8 Center, Ponce de Leon Middle School, and Coral Gables Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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