NOT LISTED FOR SALE

740 N Mashta Dr Key Biscayne, FL 33149

Village of Key Biscayne Neighborhood

Estimated Value: $7,473,000 - $10,424,736

6 Beds
8 Baths
5,179 Sq Ft
$1,677/Sq Ft Est. Value

Last Sold October 13, 2022

Last sale price $6,632,500 $1,281 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $53,823/month

163 Days on Market

Highlights

  • Newly Remodeled
  • In Ground Pool
  • Sitting Area In Primary Bedroom
  • Key Biscayne K-8 Center Rated A-
  • Bay View
  • Vaulted Ceiling

About This Home

As of October 2022

NEWLY PRICED Spectacular 6 beds, 5 baths, 3 half baths Mediterranean residence in corner lot on Key Biscayne's most desirable location, Mashta Island. Per owner 5,179 under A/C, Total Sq. Ft. 6,547. Highest quality finishes & appointments throughout, including vaulted & soaring wood ceilings, built-in mahogany bar, antique terracotta & wood floors, hand-painted wall tiles, rooftop family entertainment room with wrap-around terrace overlooking Miami's skyline & magnificent sunsets. Wrought iron gates, spacious covered courtyard adjoining pool area, lush landscaping with timed lighting, hurricane impact windows throughout, lawn sprinkler system and retaining wall built on pilings. An entertainers dream meticulously designed to accommodate and provide space and privacy for the whole family.

Last Agent to Sell the Property

Sylvia Iriondo

BHHS EWM Realty License #0225381 Listed on: 04/11/2022

BHHS EWM Realty

Last Buyer's Agent

Caio Novaes Stinchi

Elite International Realty Inc License #3472938

Elite International Realty Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,340

Year Built

  • Built in 2001 | Newly Remodeled

Lot Details

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

Parking

  • 2 Car Attached Garage
  • 2 Detached Carport Spaces
  • Automatic Garage Door Opener
  • Guest Parking
  • Golf Cart Parking

Property Views

  • Bay
  • Garden

Home Design

  • Mediterranean Architecture
  • Elevated Home
  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 5,179 Sq Ft Home
  • Bar
  • Vaulted Ceiling
  • Entrance Foyer
  • Family Room
  • Sun or Florida Room

Kitchen

  • Dome Kitchens
  • Gas Range
  • Microwave
  • Free-Standing Freezer
  • Ice Maker
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Clay
  • Marble
  • Slate Flooring

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Sitting Area In Primary Bedroom
  • In-Law or Guest Suite

Laundry

  • Dryer
  • Washer

Home Security

  • High Impact Door
  • Fire and Smoke Detector

Outdoor Features

  • In Ground Pool
  • Balcony
  • Patio
  • Exterior Lighting
  • Outdoor Grill
  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Mashta Island Subdivision

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-008-0080

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,340

Year Built

Built in 2001 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2001
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Three Or More Stories, Mediterranean
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: MASHTA ISLAND
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Trash Compactor, Dishwasher, Disposal, Dryer, Electric Water Heater, Free-Standing Freezer, Ice Maker, Microwave, Gas Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Second Floor Entry, Bar, Dome Kitchen, Entrance Foyer, Vaulted Ceiling(s), Volume Ceilings, Family Room, Florida Room, Separate Guest/In-Law Quarters
  • Full Bathrooms: 5
  • Half Bathrooms: 3
  • Total Bedrooms: 6
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Flooring: Clay, Marble, Slate, Wood
  • Furnished: Unfurnished
  • Living Area: 5179
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Unknown/Withheld
  • Bedroom Features: Entry Level, Sitting Area - Master Bedroom
  • Living Room Features: Family Room, Florida Room, Separate Guest/In-Law Quarters

Exterior Features

  • Roof: Barrel Roof
  • View: Bay, Garden
  • Exterior Features: Barbeque, Lighting, Open Balcony
  • Construction Type: CBS Construction, Elevated Construction
  • Direction Faces: East
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Open Balcony, Open Porch, Patio
  • Pool Features: In Ground
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: MASHTA ISLAND
  • Carport Spaces: 2
  • Covered Parking Spaces: 4
  • Garage Spaces: 2
  • Parking Features: Detached Carport, Covered, Golf Cart Parking, Guest

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Smoke Detector

Condo/Co-op/Association

  • Association: No
  • Community Features: Paved Road, Public Road, Street Lights

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 24-52-05-008-0080
  • Lot Size Sq Ft: 10000
  • Zoning: 2001
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 39340

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2022
Closed on
Oct 7, 2022
Sold by
Norona Jose M and Norona Maria T
Bought by
Ar Irrevocable Trust
Seller's Agent
Sylvia Iriondo
BHHS EWM Realty
Buyer's Agent
Caio Novaes Stinchi
Elite International Realty Inc
List Price
$7,500,000
Sold Price
$6,632,500
Premium/Discount to List
-$867,500
-11.57%
Current Estimated Value
$8,686,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,054,184
Avg. Annual Appreciation
9.38%

Purchase Details

Closed on
Jul 30, 1996
Sold by
Iriondo Andres J and Iriondo Sylvia G
Bought by
Norona Jose M and Norona Maria T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
8.36%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Ar Irrevocable Trust $6,632,500 --
Ar Irrevocable Trust $6,632,500 None Listed On Document
Norona Jose M $565,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Norona Jose M $300,000
Previous Owner Norona Jose M $895,000
Previous Owner Norona Jose M $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2022 10/13/22 Sold $6,632,500 -4.6% $1,281 / Sq Ft
09/22/2022 09/22/22 Pending -- -- --
06/27/2022 06/27/22 Price Changed $6,950,000 -7.3% $1,342 / Sq Ft
04/11/2022 04/11/22 For Sale $7,500,000 -- $1,448 / 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 $93,218 $6,084,012 $3,100,000 $2,984,012
2024 $95,250 $5,868,348 $2,850,000 $3,018,348
2023 $95,250 $5,902,684 $2,850,000 $3,052,684
2022 $39,200 $2,433,159 $0 $0
2021 $39,340 $2,362,291 $0 $0
2020 $37,872 $2,329,676 $0 $0
2019 $37,099 $2,277,299 $0 $0
2018 $35,172 $2,234,838 $0 $0
2017 $34,742 $2,188,872 $0 $0
2016 $34,858 $2,143,852 $0 $0
2015 $35,364 $2,128,950 $0 $0
2014 $35,907 $2,112,054 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sylvia Iriondo

    Seller's Agent in 2022

    Sylvia Iriondo

    BHHS EWM Realty

    (305) 934-7302

    8 in this area

    13 Total Sales

    Sylvia Iriondo
    Section Image
  • Caio Novaes Stinchi

    Buyer's Agent in 2022

    Caio Novaes Stinchi

    Elite International Realty Inc

    (305) 588-8308

    2 in this area

    9 Total Sales

    Caio Novaes Stinchi
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11187700

MIAMI REALTORS® MLS

APN: 24-5205-008-0080

Florida Miami/Dade County Key Biscayne 33149 Village of Key Biscayne

740 N Mashta Dr, Key Biscayne, FL

This home is located at 740 N Mashta Dr, Key Biscayne, FL 33149 since 11 April 2022 and is currently estimated at $8,686,684, approximately $1,677 per square foot. This property was built in 2001. 740 N Mashta Dr is a home located in Miami-Dade County with nearby schools including Key Biscayne K-8 Center, Ponce de Leon Middle School, and Coral Gables Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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