NOT LISTED FOR SALE

651 S Mashta Dr Key Biscayne, FL 33149

Estimated Value: $4,076,000 - $6,140,000

4 Beds
4 Baths
2,624 Sq Ft
$1,895/Sq Ft Est. Value

Last Sold December 11, 2015

Last sale price $2,500,000 $953 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $29,890/month

Highlights

  • Above Ground Pool
  • Maid or Guest Quarters
  • Marble Flooring
  • Key Biscayne K-8 Center Rated A-
  • Deck
  • No HOA

About This Home

As of August 2019

GREAT FAMILY HOME ON ONE OF THE BEST STREETS IN KEY BISCAYNE. LARGE DECK AROUND POOL FOR FAMILY FUN AND ENTERTAINING. LIVING AREA IS OPEN AND FULL OF LIGHT. COMFORTABLE KITCHEN WITH BREAKFAST ROOM THAT OPENS TO THE POOL. DOWNSTAIRS HAS A BEDROOM WITH FRONT VIEW, A COMPLETE BATHROOM, A BEDROOM WITH POOL VIEW AND EN SUITE BATH, A DEN/MEDIA ROOM/ADDITIONAL BEDROOM AND MAID'S QUARTERS. MASTER SUITE IS ON SECOND FLOOR. TWO CAR GARAGE WITH WASHER AND DRYER.

Last Agent to Rent the Property

Alexandra Diez

La Rosa Realty Kendall, LLC. License #3245231 Listed on: 06/08/2019

Last Renter's Agent

Rudy Siblesz

Power One Real Estate Services, Inc. License #0616478

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $45,683

Year Built

  • Built in 1972

Lot Details

  • 10,000 Sq Ft Lot
  • East Facing Home
  • Property is zoned IR

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Interior Spaces

  • 2,624 Sq Ft Home
  • Property has 2 Levels
  • Blinds
  • Combination Dining and Living Room
  • Marble Flooring
  • Dryer

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Maid or Guest Quarters
  • 4 Full Bathrooms

Outdoor Features

  • Above Ground Pool
  • Deck

Schools

  • Keybiscayne Elementary School

Utilities

  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Mashta Island Subdivision
  • Maintained Community

Listing and Financial Details

  • Property Available on 6/10/19
  • 1 Year With Renewal Option Lease Term
  • Assessor Parcel Number 24-52-05-008-0170

Home Details

Home Type

Single Family

Est. Annual Taxes

$45,683

Year Built

Built in 1972

Lot Details

0

Parking

2

Rental Info

  • Pets Allowed: No, Restrictions Or Possible Restrictions
  • Available Date: 2019-06-10
  • Lease Term: 1 Year With Renewal Option

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1972
  • Property Sub Type: Single Family Residence
  • Architectural Style: First Floor Entry
  • Garage Yn: Yes
  • Horses: No
  • Lease Assignable: No
  • Unit Levels: 2
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Single Family-Annual, House
  • Subdivision Name: Mashta Island
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: No
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater, Trash Compactor, Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry, Maid'S Quarters
  • Spa Yn: No
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Flooring: Marble, Other
  • Furnished: Unfurnished
  • Living Area: 2624
  • Other Equipment: Automatic Garage Door Opener
  • Stories: 2
  • Window Features: Blinds
  • Dining Room Features: Breakfast Area, Dining/Living Room, Eat-In Kitchen
  • Living Room Features: Maid'S Quarters

Exterior Features

  • Roof: Other
  • Direction Faces: East
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Deck
  • Pool Features: Above Ground
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Mashta Island
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Spaces

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water

Condo/Co-op/Association

  • Association: No
  • Community Features: Lawn/Pool Maintenance

Schools

  • Elementary School: Keybiscayne

Lot Info

  • Parcel Number: 24-52-05-008-0170
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 10000
  • Zoning: IR
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2015
Closed on
Dec 1, 2015
Sold by
Arriaga Carlos A
Bought by
Nea Investments Inc
Seller's Agent
Carlos Arriaga
MMLS Assoc.-Inactive Member
Buyer's Agent
Alexandra Diez
La Rosa Realty Kendall, LLC.
List Price
$2,749,000
Sold Price
$2,500,000
Premium/Discount to List
-$249,000
-9.06%
Current Estimated Value
$4,973,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,473,218
Avg. Annual Appreciation
7.14%

Purchase Details

Closed on
Jun 15, 2006
Sold by
Primeviews Properties Llc
Bought by
Arriaga Carlos A

Purchase Details

Closed on
Jul 30, 2004
Sold by
Ruttimann Marco F and Ruttimann Cecilia
Bought by
Primeviews Properties Llc

Purchase Details

Closed on
Aug 28, 2000
Sold by
Rocha Jorge G and Rocha Priscilla
Bought by
Ruttimann Marco F and Ruttimann Cecilia

Purchase Details

Closed on
Jan 3, 1994
Sold by
Heath Geoffrey D and Heath Sonja S
Bought by
Rocha Jorge Gouveia and Rocha Priscilla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
9.26%
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
Nea Investments Inc $2,500,000 Attorney
Arriaga Carlos A $2,220,000 Attorney
Primeviews Properties Llc $1,425,000 --
Ruttimann Marco F $945,000 --
Rocha Jorge Gouveia $610,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rocha Jorge Gouveia $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/16/2019 08/16/19 Rented $8,150 -5.2% --
08/03/2019 08/03/19 Under Contract -- -- --
07/19/2019 07/19/19 Price Changed $8,600 -4.4% $3 / Sq Ft
07/01/2019 07/01/19 For Rent $9,000 0.0% --
06/16/2019 06/16/19 Off Market $9,000 -- --
06/08/2019 06/08/19 For Rent $9,000 0.0% --
04/01/2016 04/01/16 Under Contract -- -- --
03/15/2016 03/15/16 Rented $9,000 0.0% --
12/11/2015 12/11/15 Sold $2,500,000 -9.1% $908 / Sq Ft View Prior Sale
10/19/2015 10/19/15 For Sale $2,749,000 0.0% $998 / Sq Ft
05/01/2013 05/01/13 Rented $8,000 -33.3% --
04/01/2013 04/01/13 Under Contract -- -- --
06/27/2012 06/27/12 For Rent $12,000 -- --
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 $45,683 $2,808,063 -- --
2024 $44,288 $2,552,785 -- --
2023 $44,288 $2,320,714 $0 $0
2022 $36,662 $2,109,740 $0 $0
2021 $32,662 $1,917,946 $1,650,000 $267,946
2020 $31,741 $1,919,984 $1,650,000 $269,984
2019 $31,854 $1,922,034 $1,650,000 $272,034
2018 $32,746 $2,044,084 $1,770,000 $274,084
2017 $34,680 $2,146,134 $0 $0
2016 $35,561 $2,148,185 $0 $0
2015 $32,709 $1,901,991 $0 $0
2014 $30,264 $1,729,083 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10687707

MIAMI REALTORS® MLS

APN: 24-5205-008-0170