NOT LISTED FOR SALE

641 S Mashta Dr Key Biscayne, FL 33149

Estimated Value: $7,001,000 - $9,614,151

6 Beds
7 Baths
5,109 Sq Ft
$1,682/Sq Ft Est. Value

Last Sold June 18, 2021

Last sale price $6,480,000 $1,268 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $52,448/month

62 Days on Market

Highlights

  • Ocean View
  • Heated In Ground Pool
  • Cooking Island
  • Key Biscayne K-8 Center Rated A-
  • No HOA
  • High Impact Windows

About This Home

As of June 2021

ONE-OF-A-KIND, smart luxury home offering breathtaking OCEAN AND SUNSET VIEWS from the 3rd floor living areas and 4th level rooftop. Enjoy abundance of private amenities at this modern, 4-levels tropical retreat on exclusive Mashta Island, with 5,100-SF of immaculate interiors, 2,200-SF rooftop with summer kitchen, and secluded backyard with cabana, pool, spa, and full bath! Keyless entry takes you inside a formal lobby with 40-foot atrium, floating staircase with water-fountain, and elevator. Beautiful finishes, Italian closets, 11-ft ceilings, Crestron system. 5 beds plus family room on the 2nd floor, open living/dining/kitchen enclosed with a wrap-around terrace on the 3rd floor, plus a 6th bedroom/office. Corner 10,000-SF lot, manicured grounds, large driveway, 3-car carport!

Last Agent to Sell the Property

Julijana Rose

BHHS EWM Realty License #3282775 Listed on: 03/01/2021

BHHS EWM Realty

Co-Listed By

Nelson Gonzalez

BHHS EWM Realty License #0449460

Last Buyer's Agent

Natalia Soria

Fortune Christie's International Real Estate License #3148290

Fortune Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,736

Year Built

  • Built in 2020

Lot Details

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

Property Views

  • Ocean
  • Intracoastal

Home Design

  • Substantially Remodeled
  • Double-layered roof that provides insulation
  • Flat Roof with Façade front
  • Concrete Block And Stucco Construction

Interior Spaces

  • 5,109 Sq Ft Home
  • Furniture for Sale
  • Built-In Features
  • Blinds
  • Family Room
  • Combination Dining and Living Room
  • High Impact Windows
  • Dryer

Kitchen

  • Free-Standing Freezer
  • Dishwasher
  • Cooking Island

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • 7 Full Bathrooms
  • Separate Shower in Primary Bathroom

Parking

  • 2 Attached Carport Spaces
  • Driveway
  • Open Parking

Pool

  • Heated In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Patio
  • Exterior Lighting
  • Outdoor Grill

Additional Features

  • Accessible Elevator Installed
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Mashta Island Subdivision

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-008-0160

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,736

Year Built

Built in 2020

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2020
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Three Or More Stories
  • Carport Y N: Yes
  • Co List Office Mls Id: EWM 04
  • Co List Office Phone: 305-674-4000
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: MASHTA ISLAND
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Free-Standing Freezer
  • Interior Amenities: First Floor Entry, Built-in Features, Cooking Island, Elevator, Walk-In Closet(s), Family Room
  • Spa Yn: Yes
  • Accessibility Features: Accessible Elevator Installed
  • Full Bathrooms: 7
  • Total Bedrooms: 6
  • Flooring: Other
  • Furnished: Furniture For Sale
  • Living Area: 5109
  • Other Equipment: Elevator
  • Possible Use: Unknown/Withheld
  • Window Features: Complete Impact Glass, Blinds, High Impact Windows
  • Bedroom Features: Master Bedroom Upstairs
  • Dining Room Features: Dining/Living Room
  • Living Room Features: Family Room
  • Master Bathroom Features: Separate Tub & Shower

Exterior Features

  • Roof: Flat Roof With Facade Front, Roof Over
  • View: Intracoastal View, Ocean, Water
  • Exterior Features: Built-In Grill, Lighting, Other, Outdoor Shower
  • Construction Type: CBS Construction
  • Direction Faces: Southwest
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Patio, Wrap Around
  • Pool Features: In Ground, Heated
  • Pool Private: No
  • Property Condition: Substantially Remodeled
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: MASHTA ISLAND
  • Carport Spaces: 2
  • Covered Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Attached Carport, 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: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 24-52-05-008-0160
  • Lot Size Sq Ft: 10000
  • Zoning: 2001
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 28736

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2021
Closed on
Jun 18, 2021
Sold by
Hernandez Anselmo V
Bought by
Armando Edgardo Daniel and Cahiza Laura Liliana
Seller's Agent
Julijana Rose
BHHS EWM Realty
Buyer's Agent
Natalia Soria
Fortune Christie's International Real Estate
List Price
$7,500,000
Sold Price
$6,480,000
Premium/Discount to List
-$1,020,000
-13.6%
Current Estimated Value
$8,595,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,115,717
Avg. Annual Appreciation
6.32%
Original Mortgage
$5,184,000
Outstanding Balance
$4,693,466
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$3,902,251

Purchase Details

Closed on
Feb 19, 2021
Sold by
All Fairway Llc
Bought by
Hernandez Anselmo V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,450,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 30, 2015
Closed on
Feb 12, 2016
Sold by
Golden Anthony T and Edward London I
Bought by
Ah Fairway Llc
Seller's Agent
Claire Amerena
Compass Florida, LLC
Buyer's Agent
Claire Amerena
Compass Florida, LLC
List Price
$3,990,000
Sold Price
$3,400,000
Premium/Discount to List
-$590,000
-14.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.80%
Original Mortgage
$2,275,000
Interest Rate
3.97%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 22, 2005
Sold by
London I Edward
Bought by
London Victoria T

Purchase Details

Closed on
Dec 24, 2002
Sold by
London I Edward
Bought by
London I Edward and London Victoria T
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

Date Buyer Sale Price Title Company
Armando Edgardo Daniel $6,480,000 Attorney
Hernandez Anselmo V -- Attorney
Ah Fairway Llc $3,400,000 Attorney
London Victoria T -- --
London I Edward -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Armando Edgardo Daniel $5,184,000
Previous Owner Hernandez Anselmo V $3,450,000
Previous Owner Ah Fairway Llc $2,275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/18/2021 06/18/21 Sold $6,480,000 -13.6% $1,268 / Sq Ft
04/29/2021 04/29/21 Pending -- -- --
02/26/2021 02/26/21 For Sale $7,500,000 +120.6% $1,468 / Sq Ft
02/26/2016 02/26/16 Sold $3,400,000 -14.8% $839 / Sq Ft View Prior Sale
10/27/2015 10/27/15 Pending -- -- --
04/30/2015 04/30/15 For Sale $3,990,000 -- $984 / 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 $93,203 $5,950,954 -- --
2024 $89,972 $5,783,241 -- --
2023 $89,972 $5,614,798 $0 $0
2022 $87,161 $5,451,261 $2,050,000 $3,401,261
2021 $39,735 $2,346,962 $1,650,000 $696,962
2020 $28,736 $1,737,155 $1,650,000 $87,155
2019 $28,746 $1,733,414 $1,650,000 $83,414
2018 $34,866 $2,176,245 $1,770,000 $406,245
2017 $36,835 $2,279,252 $0 $0
2016 $37,791 $2,282,258 $0 $0
2015 $35,658 $2,107,620 $0 $0
2014 $14,527 $875,737 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11005370

MIAMI REALTORS® MLS

APN: 24-5205-008-0160