NOT LISTED FOR SALE

Estimated Value: $6,701,000 - $18,171,261

7 Beds
6.5 Baths
6,490 Sq Ft
$1,766/Sq Ft Est. Value

Last Sold August 13, 2021

Last sale price $14,600,000 $2,250 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $78,121/month

Highlights

  • Property has ocean access
  • Private Dock
  • Property Fronts a Bay or Harbor
  • Key Biscayne K-8 Center Rated A-
  • Boat Lift
  • Home Theater

About This Home

As of August 2021

Unique opportunity in the market, newly remodeled house in 2019. Move in just with your toothbrush!!! Exclusive elegant waterfront house with spectacular daily sunset views and exquisite decoration. This beautiful house emulates a French Riviera property with all the modern features: formal dinning, living room, kitchen, office and bedrooms with direct view to the bay, wine cellar, Gaggenau appliances (fridge, steam oven, oven, gas stove), fully equipped gym, Lutron smart technology controls lighting and audio that creates spectacular interior and outdoor settings, elevator, heated swimming pool, generator and impressive private deck with boatlift.

Last Agent to Sell the Property

Maria Escolar

MMLS Assoc.-Inactive Member License #3201481 Listed on: 06/11/2021

MMLS Assoc.-Inactive Member

Last Buyer's Agent

Giulietta Ulloa

BHHS EWM Realty License #0658811

BHHS EWM Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $123,176

Year Built

  • Built in 1969

Lot Details

  • 0.34 Acre Lot
  • 100 Ft Wide Lot
  • Property Fronts a Bay or Harbor
  • Southwest Facing Home
  • Fenced
  • Property is zoned 2001

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener
  • Guest Parking

Home Design

  • Concrete Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 6,490 Sq Ft Home
  • 2-Story Property
  • Custom Mirrors
  • Fireplace
  • Solar Tinted Windows
  • Blinds
  • Entrance Foyer
  • Family Room
  • Home Theater
  • Den
  • Ceramic Tile Flooring
  • Bay Views

Kitchen

  • Built-In Oven
  • Gas Range
  • Microwave
  • Free-Standing Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Maid or Guest Quarters
  • Bidet
  • Dual Sinks
  • Shower Only

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

  • Intercom Access
  • Clear Impact Glass
  • High Impact Door
  • Fire and Smoke Detector
  • Fire Sprinkler System

Accessible Home Design

  • Accessible Elevator Installed

Pool

  • Heated Pool
  • Outdoor Pool
  • Pool Equipment Stays

Outdoor Features

  • Property has ocean access
  • Boat Lift
  • Private Dock
  • Balcony
  • Patio
  • Exterior Lighting
  • Porch

Utilities

  • Cooling Available
  • Heating System Uses Gas
  • Whole House Permanent Generator
  • Gas Water Heater

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-009-0130

Home Details

Home Type

Single Family

Est. Annual Taxes

$123,176

Year Built

Built in 1969

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1969
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Two Story
  • Directions: Once you enter the Village of Key Biscayne , turn right onto Harbor drive after 1.6 miles turn right onto W. Mashta Drive after 0.3 miles 610, South Mashta Drive will be ahead of you.
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Boatlift,Private Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: MASHTA ISLAND A REPLAT OF,MASHTA ISLAND
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Free-Standing Freezer, Gas Water Heater, Microwave, Gas Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Custom Mirrors, Elevator, Fire Sprinklers, Entrance Foyer, Walk-In Closet(s), Den/Library/Office, Family Room, Maid/In-Law Quarters, Media Room, Utility Room/Laundry
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 6490
  • Other Equipment: Whole House Permanent Generator, Automatic Garage Door Opener, Elevator, Intercom
  • Possible Use: Unknown/Withheld
  • Window Features: Clear Impact Glass, Blinds, Impact Glass, Solar Film/Tinted
  • Bedroom Features: Master Bedroom Upstairs
  • Living Room Features: Den/Library/Office, Family Room, Maid/In-Law Quarters, Media Room, Utility Room/Laundry
  • Master Bathroom Features: Bidet, Dual Sinks, Shower Only

Exterior Features

  • Roof: Concrete
  • View: Bay
  • Exterior Features: Lighting, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: Southwest
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Open Balcony, Open Porch, Patio
  • Pool Features: Equipment Stays, Heated
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: MASHTA ISLAND A REPLAT OF
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Covered, Guest

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Gas
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry, Washer/Dryer Hook-Up
  • Security: Fire Sprinklers, Fire Alarm

Condo/Co-op/Association

  • Association: No
  • Community Features: Other

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 24-52-05-009-0130
  • Lot Size Sq Ft: 15000
  • Zoning: 2001
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 123176

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2021
Closed on
Aug 10, 2021
Sold by
Hickman Fernando Perez and Delescolar Maria Del
Bought by
Dec 102 Limited Llc
Seller's Agent
Maria Escolar
MMLS Assoc.-Inactive Member
Buyer's Agent
Giulietta Ulloa
BHHS EWM Realty
List Price
$14,850,000
Sold Price
$14,600,000
Premium/Discount to List
-$250,000
-1.68%
Total Days on Market
0
Current Estimated Value
$11,463,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,136,580
Avg. Annual Appreciation
-6.12%

Purchase Details

Closed on
Jul 30, 2020
Sold by
Perez Hickman Fernando and Feathers Capital Group Llc
Bought by
Perez Hickman Fernando and Delescolar Maria Del

Purchase Details

Closed on
Oct 4, 2016
Sold by
Victoria Benkovitch
Bought by
Feathers Capital Group Llc

Purchase Details

Closed on
Mar 17, 2005
Sold by
Sbarro Joseph
Bought by
Kachkar Jack and Benkovitch Victoria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,250,000
Interest Rate
2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 1995
Sold by
Key Tr Co Fl
Bought by
Sbarro Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,375,000
Interest Rate
7.43%
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 Buyer Sale Price Title Company
Dec 102 Limited Llc $14,600,000 Attorney
Perez Hickman Fernando -- None Available
Feathers Capital Group Llc $7,132,100 --
Kachkar Jack $6,500,000 --
Sbarro Joseph $2,750,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kachkar Jack $5,763,186
Previous Owner Kachkar Jack $960,531
Previous Owner Kachkar Jack $5,000,000
Previous Owner Kachkar Jack $3,250,000
Previous Owner Sbarro Joseph $1,000,000
Previous Owner Sbarro Joseph $1,275,000
Previous Owner Sbarro Joseph $1,375,000
Closed Kachkar Jack $1,170,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2021 08/13/21 Sold $14,600,000 -1.7% $2,250 / Sq Ft
06/11/2021 06/11/21 For Sale $14,850,000 -- $2,288 / 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 $168,202 $11,224,632 $8,550,000 $2,674,632
2023 $168,202 $10,475,100 $7,770,000 $2,705,100
2022 $157,846 $9,860,567 $7,125,000 $2,735,567
2021 $118,303 $7,161,644 $0 $0
2020 $123,095 $7,453,125 $6,000,000 $1,453,125
2019 $109,461 $6,610,834 $6,000,000 $610,834
2018 $107,387 $6,704,657 $6,000,000 $704,657
2017 $125,629 $7,776,171 $0 $0
2016 $121,098 $6,953,447 $0 $0
2015 $107,132 $6,321,316 $0 $0
2014 $104,164 $5,746,651 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11055730

MIAMI REALTORS® MLS

APN: 24-5205-009-0130