NOT LISTED FOR SALE

701 S Mashta Dr Key Biscayne, FL 33149

Estimated Value: $4,097,000 - $6,225,000

4 Beds
4 Baths
2,939 Sq Ft
$1,652/Sq Ft Est. Value

Last Sold October 30, 2015

Last sale price $3,000,000 $1,021 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $28,468/month

31 Days on Market

Highlights

  • In Ground Pool
  • Maid or Guest Quarters
  • Marble Flooring
  • Key Biscayne K-8 Center Rated A-
  • 2-Story Property
  • Garden View

About This Home

As of October 2015

Charming and bright two-story house located in prestigious Mashta Island. Oversized lot offers more backyard space next to lovely pool area. Large country kitchen with direct access to pool. Living and formal dining rooms with beautiful light colored woo d floors. One large bedroom en suite on first floor. Separate 1/1 maid's quarter downstairs.

Last Agent to Sell the Property

Brigitte De Langeron

DLS International Realty License #0545936 Listed on: 09/01/2015

Co-Listed By

Luis Henao

Miller Eaton LLC License #3253100

Last Buyer's Agent

Claudio Nieto

Gimeza A Real Estate Corp. License #3277559

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,639

Year Built

  • Built in 1965

Lot Details

  • 10,000 Sq Ft Lot
  • South Facing Home
  • Fenced
  • Property is zoned 20/ESTAT

Parking

  • 1 Car Attached Garage
  • Driveway
  • Open Parking

Home Design

  • 2-Story Property
  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,939 Sq Ft Home
  • Built-In Features
  • Family Room
  • Formal Dining Room
  • Garden Views

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Cooking Island
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs
  • Closet Cabinetry
  • Walk-In Closet
  • Maid or Guest Quarters
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Patio
  • Exterior Lighting
  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 5 6 55 42 Mashta Island Subdivision

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-008-0190

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,639

Year Built

Built in 1965

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1965
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story, Ranch
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: 5-6 55 42 MASHTA ISLAND
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Built-in Features, Closet Cabinetry, Cooking Island, Walk-In Closet(s), Family Room, Maid/In-Law Quarters
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 2939
  • Possible Use: Unknown/Withheld
  • Window Features: Hurricane Shutters
  • Bedroom Features: Primary Bedroom Upstairs
  • Dining Room Features: Eat-In Kitchen, Formal Dining
  • Living Room Features: Family Room, Maid/In-Law Quarters

Exterior Features

  • Roof: Barrel Roof
  • View: Garden
  • Exterior Features: Lighting
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Open Porch, Patio
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: 5-6 55 42 MASHTA ISLAND
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • 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: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 24-52-05-008-0190
  • Lot Size Sq Ft: 10000
  • Zoning: 20/ESTAT
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 25639

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2015
Closed on
Oct 22, 2015
Sold by
Dela Cruz Alina and El Solh Karim
Bought by
Argerich Fernando Gallo and Blumetti Maria Agustina
Seller's Agent
Brigitte De Langeron
DLS International Realty
Buyer's Agent
Claudio Nieto
Gimeza A Real Estate Corp.
List Price
$3,195,000
Sold Price
$3,000,000
Premium/Discount to List
-$195,000
-6.1%
Current Estimated Value
$4,855,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,855,492
Avg. Annual Appreciation
4.89%
Original Mortgage
$1,500,000
Outstanding Balance
$1,138,188
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,717,304

Purchase Details

Closed on
Aug 18, 2006
Sold by
Dela Roche Hernando and De La Roche Pilar S
Bought by
Dela Cruz Alina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
6.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 2, 1998
Sold by
Ana Angel Tr
Bought by
Delarocho Hernando and Delarocho Pilar S
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
Argerich Fernando Gallo $3,000,000 Attorney
Dela Cruz Alina $2,180,000 Attorney
Delarocho Hernando $710,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Argerich Fernando Gallo $1,500,000
Previous Owner Dela Cruz Alina $1,500,000
Previous Owner Delarocho Hernando $549,000
Previous Owner Delarocho Hernando $451,945
Previous Owner Delarocho Hernando $100,000
Previous Owner Delarocho Hernando $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2015 10/30/15 Sold $3,000,000 -6.1% $1,021 / Sq Ft
10/03/2015 10/03/15 Pending -- -- --
09/01/2015 09/01/15 For Sale $3,195,000 0.0% $1,087 / Sq Ft
06/19/2012 06/19/12 Rented $9,750 -18.8% --
05/20/2012 05/20/12 Under Contract -- -- --
01/04/2012 01/04/12 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 $36,031 $2,315,607 -- --
2024 $35,558 $2,250,347 -- --
2023 $35,558 $2,184,803 $0 $0
2022 $34,229 $2,121,168 $0 $0
2021 $34,342 $2,059,387 $1,650,000 $409,387
2020 $33,479 $2,064,441 $1,650,000 $414,441
2019 $33,646 $2,069,494 $1,650,000 $419,494
2018 $34,523 $2,194,548 $1,770,000 $424,548
2017 $35,786 $2,253,758 $0 $0
2016 $37,382 $2,258,313 $0 $0
2015 $25,252 $1,531,164 $0 $0
2014 $25,640 $1,519,012 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brigitte De Langeron

    Seller's Agent in 2015

    Brigitte De Langeron

    DLS International Realty

    (305) 459-3875

    32 in this area

    40 Total Sales

    Brigitte De Langeron
    Section Image

  • L

    Seller Co-Listing Agent in 2015

    Luis Henao

    Miller Eaton LLC

    (305) 416-0144

    2 in this area

    2 Total Sales

    Luis Henao
    Section Image
  • Claudio Nieto

    Buyer's Agent in 2015

    Claudio Nieto

    Gimeza A Real Estate Corp.

    (305) 898-7109

    27 Total Sales

    Claudio Nieto
    Section Image

  • B

    Seller's Agent in 2012

    Beatriz Reguera

    Cervera Real Estate Inc.

    (786) 356-9652

    1 Total Sale

    Beatriz Reguera
    Section Image

  • C

    Buyer's Agent in 2012

    Cristina Murciano

    One Sotheby's International Realty

    (305) 365-2811

    1 in this area

    2 Total Sales

    Cristina Murciano
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A2168430

MIAMI REALTORS® MLS

APN: 24-5205-008-0190

Florida Miami/Dade County Key Biscayne 33149

701 S Mashta Dr, Key Biscayne, FL

Not Listed for Sale

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