$4,225,000
SOLD DEC 1, 2022
5 Beds
5.5 Baths
3,868 Sq Ft
10,000 Sq Ft Lot

Recently Sold

$1,092 Per Sq Ft

6% Below List Price

63 Days on Market

Highlights

  • Newly Remodeled
  • Solar Heated In Ground Pool
  • Sitting Area In Primary Bedroom
  • Key Biscayne K-8 Center Rated A-
  • Sauna
  • Marble Flooring

About This Home

As of December 2022

Live in Key Biscayne’s most prestigious Mashta Island. This Spanish style 5 Bed/ 5 ½ Bath residence features formal Living and Dining rooms creating the perfect atmosphere for all of your gatherings. The gourmet Kitchen includes a “La Cornue” dual gas range with Custom French Countryside Hood and detailed trims. Enjoy the Andalusian tiled courtyard dressed with a fountain that opens to the solar-heated pool and the fully equipped Summer Kitchen. The first floor includes three large bedrooms with ensuite bathrooms and a wellness and fitness suite for sauna lovers. A sculptural wooden staircase leads to the Master Suite with a master bath boasting 24k gold wall tiles and free-standing bathtub with a 400 Sq Foot Terrace with Ocean views. Oh yes and there is a private elevator to the Master.

Last Agent to Sell the Property

John Verea

FI Real Estate Brokerage LLC License #3255545 Listed on: 09/02/2022

Co-Listed By

Natalia Purisaca

FI Real Estate Brokerage LLC License #3293766

Last Buyer's Agent

Brigitte Nachtigall

One Sotheby's International Realty License #0542022

One Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,392

Year Built

  • Built in 1968 | Newly Remodeled

Lot Details

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

Home Design

  • Tile Roof

Interior Spaces

  • 3,868 Sq Ft Home
  • 2-Story Property
  • Furniture for Sale
  • Electric Shutters
  • Sun or Florida Room
  • Sauna
  • Property Views

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom Upstairs
  • Dual Sinks
  • Bathtub
  • Shower Only in Primary Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Open Parking

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Solar Heated In Ground Pool
  • Balcony
  • Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

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

Listing and Financial Details

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,392

Year Built

Built in 1968 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1968
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Two Story
  • Co List Office Mls Id: FIEB01
  • Co List Office Phone: 305-677-0125
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: MASHTA ISLAND A REPLAT OF
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Gas Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Florida Room, Other, Sauna
  • Accessibility Features: Accessible Elevator Installed
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Ceramic Floor, Marble, Wood
  • Furnished: Furniture For Sale
  • Living Area: 3868
  • Other Equipment: Elevator
  • Possible Use: Primary
  • Window Features: Electric Shutters
  • Bedroom Features: Sitting Area - Master Bedroom, Master Bedroom Upstairs, Master Bath Shower, Master Bath Tub
  • Living Room Features: Florida Room, Other, Sauna
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • Roof: Curved/S-Tile Roof
  • View: Other
  • Exterior Features: Barbeque, Built-In Grill, Open Balcony
  • Direction Faces: Southwest
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Open Balcony, Patio
  • Pool Features: In Ground, Solar Heat
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Community Features: Additional Amenities

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

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

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 33392

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
$5,555,748

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,542,248
Avg. Annual Appreciation
9.73%

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
12.41%

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

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Range of Values:

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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
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

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11266468

MIAMI REALTORS® MLS

APN: 24-5205-009-0380