NOT LISTED FOR SALE

650 S Mashta Dr Key Biscayne, FL 33149

Estimated Value: $5,681,000 - $16,672,082

5 Beds
5.5 Baths
6,875 Sq Ft
$1,626/Sq Ft Est. Value

Last Sold December 17, 2012

Last sale price $11,500,000 $1,673 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $73,972/month

243 Days on Market

Highlights

  • Property has ocean access
  • Private Dock
  • Media Room
  • Key Biscayne K-8 Center Rated A-
  • Property Fronts a Bay or Harbor
  • Heated In Ground Pool

About This Home

As of December 2012

Magnificent bayfront residence offering unparalleled private water views. Meticulous detailing and world-class craftsmanship are some of the hallmarks found in this spectacular residence reminiscent of a European estate. Spacious covered pavilion and cust om designed outdoor loggia equipped with gas grill & table seating.Perfect for dining al fresco! Elect. boat lift. Interior appointments incl. arched collonades,marble & wood floors,volume coffered ceilings & impact resistant French doors & windows.

Last Agent to Sell the Property

Maureen Jauregui

Coldwell Banker Realty License #0549977 Listed on: 03/11/2012

Coldwell Banker Realty

Co-Listed By

Emma Jauregui

Coldwell Banker Realty License #3257300

Last Buyer's Agent

Roman Sinyavsky

Miami VIP Properties License #0627872

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $88,088

Year Built

  • Built in 2001

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100x150
  • Property Fronts a Bay or Harbor
  • Southwest Facing Home
  • Oversized Lot
  • Property is zoned 21/EST 1

Parking

  • 2 Car Attached Garage
  • Driveway
  • Open Parking

Home Design

  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 6,875 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Built-In Features
  • Vaulted Ceiling
  • Drapes & Rods
  • Arched Windows
  • Casement Windows
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Media Room
  • Den
  • Bay Views

Kitchen

  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Cooking Island

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Maid or Guest Quarters
  • Dual Sinks
  • Roman Tub

Laundry

  • Dryer
  • Washer

Home Security

  • Intercom Access
  • Fire and Smoke Detector

Outdoor Features

  • Heated In Ground Pool
  • Property has ocean access
  • Private Dock
  • Balcony
  • Deck
  • Patio
  • Exterior Lighting
  • Outdoor Grill

Schools

  • Keybiscayne Elementary School
  • Coral Gables High School

Additional Features

  • East of U.S. Route 1
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Mashta Island Subdivision

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-008-0310

Home Details

Home Type

Single Family

Est. Annual Taxes

$88,088

Year Built

Built in 2001

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2001
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Directions: CONTEMPORARY CHEF'S KITCHEN WITH STATE OF THE ART APPLIANCES,CUSTOM WOOD CABINETRY & GENEROUS MARBLE COUNTERTOPS.EXPANSIVE BREAKFAST/SITTING AREAS OVERLOOKING THE BAY. WOOD PANELED STUDY/LIBRARY FEATURES VAULTED CEILING & ARCHED WINDOWS W/BAY VIEWS.
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Private Dock
  • Lot Size: 100x150
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: MASHTA ISLAND
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • LastStatus: Pending
  • CurrentPrice: 11500000
  • InternetRemarks: Magnificent bayfront residence offering unparalleled private water views.
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Built-in Features, Cooking Island, Entrance Foyer, Roman Tub, Split Bedroom, Volume Ceilings, Walk-In Closet(s), Den/Library/Office, Family Room, Maid/In-Law Quarters, Media Room
  • Spa Yn: No
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Entry Location: Foyer
  • Flooring: Marble, Wood
  • Furnished: Furnished, Unfurnished
  • Living Area: 6875
  • Other Equipment: Intercom
  • Possible Use: Unknown/Withheld
  • Window Features: Arched Windows, Casement, Drapes
  • Bedroom Features: Other
  • Dining Room Features: Formal Dining
  • Living Room Features: Den/Library/Office, Family Room, Maid/In-Law Quarters, Media Room
  • Master Bathroom Features: Dual Sinks

Exterior Features

  • Roof: Barrel Roof
  • View: Bay, Water
  • Exterior Features: Barbeque, Lighting, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: Southwest
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot, East Of US 1, Oversized Lot
  • Patio And Porch Features: Deck, Open Balcony, Patio
  • Pool Features: In Ground, Heated
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: MASHTA ISLAND
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • 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
  • Security: Fire Alarm, Smoke Detector

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Keybiscayne
  • High School: Coral Gables

Lot Info

  • Parcel Number: 24-52-05-008-0310
  • Lot Size Sq Ft: 15000
  • Zoning: 21/EST 1

Rental Info

  • Pets Allowed: More Than 20 Lbs

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 88088

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2012
Closed on
Dec 15, 2012
Sold by
Arrowhead Florida Group Inc
Bought by
Manchel Investments Ltd
Seller's Agent
Maureen Jauregui
Coldwell Banker Realty
Buyer's Agent
Roman Sinyavsky
Miami VIP Properties
List Price
$12,900,000
Sold Price
$11,500,000
Premium/Discount to List
-$1,400,000
-10.85%
Current Estimated Value
$11,176,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$323,459
Avg. Annual Appreciation
-0.22%

Purchase Details

Closed on
Jan 1, 2009
Sold by
650 Mashta Llc
Bought by
Arrowhead Florida Group Inc

Purchase Details

Closed on
Feb 15, 2008
Sold by
Estrella Evelio
Bought by
650 Mashta Llc

Purchase Details

Closed on
Jul 23, 2007
Sold by
Estrella Evelio A and Estrella Adriana
Bought by
Estrella Evelio A

Purchase Details

Closed on
Mar 9, 1999
Sold by
Huber John W and Huber Betty L
Bought by
Estrella Evelio A and Estrella Adriana
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Manchel Investments Ltd $11,500,000 Attorney
Arrowhead Florida Group Inc -- None Available
650 Mashta Llc $11,250,000 Attorney
Estrella Evelio A $728,600 Attorney
Estrella Evelio A $1,463,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Estrella Evelio A $1,500,000
Previous Owner Estrella Evelio A $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2012 12/17/12 Sold $11,500,000 -10.9% $1,673 / Sq Ft
11/11/2012 11/11/12 Pending -- -- --
03/12/2012 03/12/12 For Sale $12,900,000 -- $1,876 / 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 $184,271 $12,374,755 $9,300,000 $3,074,755
2024 $175,459 $11,664,678 $8,550,000 $3,114,678
2023 $175,459 $10,924,601 $7,770,000 $3,154,601
2022 $165,140 $10,319,524 $7,125,000 $3,194,524
2021 $156,762 $9,459,447 $6,225,000 $3,234,447
2020 $153,165 $9,274,370 $6,000,000 $3,274,370
2019 $152,189 $9,192,408 $6,000,000 $3,192,408
2018 $147,845 $9,230,862 $6,000,000 $3,230,862
2017 $166,712 $10,319,316 $0 $0
2016 $166,704 $9,857,703 $0 $0
2015 $151,480 $8,961,549 $0 $0
2014 $152,924 $8,704,558 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1615920

MIAMI REALTORS® MLS

APN: 24-5205-008-0310