$2,340,000
SOLD DEC 23, 2019
5 Beds
5.5 Baths
3,868 Sq Ft
10,000 Sq Ft Lot

Recently Sold

$605 Per Sq Ft

298 Days on Market

Highlights

  • Solar Heated In Ground Pool
  • Sitting Area In Primary Bedroom
  • Marble Flooring
  • Key Biscayne K-8 Center Rated A-
  • Two Primary Bathrooms
  • Old Spanish Architecture

About This Home

As of December 2022

Andalusian style gem in exclusive, secure Mashta Island, to enjoy as is or transform to your taste! Plenty of space (over 4,000 sq ft as per appraisal) to raise a large family while remaining cozy enough for a small one. Solidly built, and never been flooded. The large solar heated pool can be used year round. There's parking enough for 4 cars + a golf cart in the electric-gated driveway. Large private master bedroom & sitting room and terrace upstairs (with an elevator) and another master plus 3 other ensuite bedrooms downstairs. Priced to sell, don't miss this opportunity!

Last Agent to Sell the Property

Carmen Tonarely

BHHS EWM Realty License #0515657 Listed on: 02/05/2019

BHHS EWM Realty

Last Buyer's Agent

Eric Morales

Ocean & Associates Real Estate Group License #3335643

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,330

Year Built

  • Built in 1968

Lot Details

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

Property Views

  • Garden
  • Pool

Home Design

  • Old Spanish Architecture
  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,868 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Decorative Fireplace
  • Electric Shutters
  • French Doors
  • Family Room
  • Formal Dining Room
  • Den

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Two Primary Bathrooms
  • Bidet
  • Dual Sinks

Laundry

  • Laundry in Utility Room
  • Dryer

Parking

  • 4 Carport Spaces
  • Automatic Garage Door Opener
  • Circular Driveway
  • Open Parking
  • Golf Cart Parking

Pool

  • Solar Heated In Ground Pool
  • Fence Around Pool
  • Pool Equipment Stays

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Solar Heating System
  • Shed
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-009-0380

Community Details

Overview

  • Property has a Home Owners Association
  • Voluntary home owners association
  • Mashta Island A Replat Of Subdivision

Recreation

  • Beach Club Membership Available

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,330

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1968
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story, Old Spanish
  • Directions: Take Crandon Blvd heading south, and turn right on West Mashta Dr. At Harbor Drive traffic circle go around to turn into Mashta Island (cross small bridge), continue to S Mashta Dr, make a right & look for # 601.
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: MASHTA ISLAND A REPLAT OF
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry, Elevator, French Doors, Skylight, Walk-In Closet(s), Den/Library/Office, Family Room, Utility Room/Laundry
  • Accessibility Features: Accessible Elevator Installed
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Fireplace Features: Decorative
  • Fireplace: Yes
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 3868
  • Other Equipment: Automatic Garage Door Opener, Elevator
  • Possible Use: Unknown/Withheld
  • Window Features: Electric Shutters, Skylight
  • Bedroom Features: At Least 1 Bedroom Ground Level, Sitting Area - Master Bedroom, Master Bedroom Upstairs
  • Dining Room Features: Formal Dining
  • Living Room Features: Den/Library/Office, Family Room, Utility Room/Laundry
  • Master Bathroom Features: 2 Master Bathrooms, Bidet, Dual Sinks

Exterior Features

  • Roof: Barrel Roof
  • View: Garden, Pool
  • Construction Type: CBS Construction
  • Direction Faces: Southwest
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot, East Of US 1
  • Other Structures: Extra Building/Shed
  • Pool Features: In Ground, Fenced, Equipment Stays, Heated, Solar Heat
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: MASHTA ISLAND A REPLAT OF
  • Carport Spaces: 4
  • Covered Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Golf Cart Parking

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Heat Pump/Reverse Cycle, Solar
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Beach Club Member Available, Security Patrol, Voluntary Hoa

Association/Amenities

  • MIAMIRE_TypeofAssociation: Voluntary

Lot Info

  • Parcel Number: 24-52-05-009-0380
  • Lot Size Sq Ft: 10000
  • Zoning: 2001
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 35330

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
Total Days on Market
298
Views
4
Current Estimated Value
$5,413,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,400,263
Avg. Annual Appreciation
10.30%

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
12.68%

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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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 Type Sale Price Title Company
Warranty Deed $4,225,000 --
Warranty Deed $4,030,000 New Title Company Name
Warranty Deed $2,340,000 Attorney
Warranty Deed -- Attorney
Warranty Deed $2,300,000 Attorney
Warranty Deed $515,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,755,000 New Conventional
Previous Owner $500,000 Credit Line Revolving
Previous Owner $100,000 Credit Line Revolving
Previous Owner $412,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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
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
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
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
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

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10611984

MIAMI REALTORS® MLS

APN: 24-5205-009-0380