$9,100,000
SOLD MAR 4, 2015
7 Beds
5.5 Baths
6,011 Sq Ft
0.26 Acres

Recently Sold

$1,514 Per Sq Ft

24% Below List Price

431 Days on Market

Highlights

  • Direct Ocean View
  • Property has ocean access
  • Property Fronts a Bay or Harbor
  • Key Biscayne K-8 Center Rated A-
  • Private Dock
  • Home Theater

About This Home

As of December 2021

One of a kind, contemporary bayfront residence offering unparalleled private water views. Uncompromising craftsmanship & a stunning Mashta Island location combine to make this property one of the most remarkable bayfront homes on the market today. Renovat ed & completed in 2014, this elevated cutting edge style home was built to designer's specifications. 20 foot dock. A truly unique and exclusive Key Biscayne home! ***FOR MORE INFORMATION, PLEASE SEE ATTACHMENT***

Last Agent to Sell the Property

Maureen Jauregui

Coldwell Banker Realty License #0549977 Listed on: 09/26/2013

Coldwell Banker Realty

Co-Listed By

Emma Jauregui

Coldwell Banker Realty License #3257300

Last Buyer's Agent

Maria De Armas

Compass Florida, LLC License #3156259

Compass Florida, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $62,766

Year Built

  • Built in 1994

Lot Details

  • 0.26 Acre Lot
  • Property Fronts a Bay or Harbor
  • Southwest Facing Home
  • Property is zoned 20/ESTAT

Parking

  • 2 Car Attached Garage
  • Circular Driveway
  • Paver Block
  • Open Parking

Home Design

  • Substantially Remodeled
  • Aluminum Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 6,011 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Skylights
  • Casement Windows
  • Entrance Foyer
  • Formal Dining Room
  • Home Theater
  • Den
  • Storage Room
  • Wood Flooring
  • Direct Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Bidet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Outdoor Features

  • Heated In Ground Pool
  • Property has ocean access
  • Private Dock
  • Balcony

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 Point Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 24-52-06-003-0010

Home Details

Home Type

Single Family

Est. Annual Taxes

$62,766

Year Built

Built in 1994

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1994
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Private Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: MASHTA POINT SUB
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Entrance Foyer, Laundry Tub, Skylight, Vaulted Ceiling(s), Walk-In Closet(s), Den/Library/Office, Media Room, Storage
  • Spa Yn: No
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Entry Location: Foyer
  • Flooring: Wood
  • Furnished: Unfurnished
  • Living Area: 6011
  • Possible Use: Unknown/Withheld
  • Window Features: Skylight, Casement
  • Bedroom Features: Primary Bedroom Ground Level
  • Dining Room Features: Dining/Living Room, Formal Dining
  • Living Room Features: Den/Library/Office, Media Room, Storage Room
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower

Exterior Features

  • Roof: Aluminum
  • View: Ocean, Direct Ocean
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: Southwest
  • Lot Features: East Of US 1
  • Patio And Porch Features: Open Balcony
  • Pool Features: In Ground, Heated
  • Pool Private: No
  • Property Condition: Substantially Remodeled
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: MASHTA POINT SUB
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Paver Block

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Laundry Tub
  • Security: Fire Alarm

Condo/Co-op/Association

  • Association: No
  • Community Features: Paved Road

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Keybiscayne
  • High School: Coral Gables

Lot Info

  • Parcel Number: 24-52-06-003-0010
  • Lot Size Sq Ft: 11280
  • Zoning: 20/ESTAT
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 62766

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2021
Closed on
Jan 14, 2022
Sold by
Le Glyvec Llc
Bought by
Sullivan Amanda
Seller's Agent
Monica Defortuna
Fortune Christie's Intl R.E.
Buyer's Agent
Monica Defortuna
Fortune Christie's Intl R.E.
List Price
$11,000,000
Sold Price
$10,900,000
Premium/Discount to List
-$100,000
-0.91%
Total Days on Market
431
Current Estimated Value
$9,833,099

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,066,901
Avg. Annual Appreciation
-2.94%
Original Mortgage
$5,900,000
Outstanding Balance
$5,452,744
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$4,380,355

Purchase Details

Listed on
Nov 8, 2021
Closed on
Dec 21, 2021
Sold by
Maryvadimar Llc
Bought by
Guardalavaca Llc
Seller's Agent
Monica Defortuna
Fortune Christie's Intl R.E.
Buyer's Agent
Monica Defortuna
Fortune Christie's Intl R.E.
List Price
$11,000,000
Sold Price
$10,900,000
Premium/Discount to List
-$100,000
-0.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,900,000
Outstanding Balance
$5,452,744
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$4,380,355

Purchase Details

Listed on
Sep 17, 2019
Closed on
Apr 29, 2020
Sold by
Caraballo Jorge and Perez Glenda
Bought by
Maryvadimar Llc
Seller's Agent
Monica Defortuna
Fortune Christie's Intl R.E.
Buyer's Agent
Jose Armesto
Semsch Realty
List Price
$7,995,000
Sold Price
$6,600,000
Premium/Discount to List
-$1,395,000
-17.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.53%
Original Mortgage
$3,960,000
Interest Rate
3.3%
Mortgage Type
Construction

Purchase Details

Listed on
Sep 26, 2013
Closed on
Feb 18, 2015
Sold by
Olive Developments Llc
Bought by
Caraballo Jorge and Perez Glenda
Seller's Agent
Maureen Jauregui
Coldwell Banker Realty
Buyer's Agent
Maria De Armas
Compass Florida, LLC
List Price
$11,900,000
Sold Price
$9,100,000
Premium/Discount to List
-$2,800,000
-23.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.04%
Original Mortgage
$4,000,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 14, 2012
Sold by
Olive Developments Llc
Bought by
Olive Developments Llc

Purchase Details

Closed on
Nov 3, 2010
Sold by
Lee Andrew R
Bought by
745 South Mashta Drive Llc

Purchase Details

Closed on
Feb 2, 2004
Sold by
Borkowski Ricardo Dunin and Borkowski Claudia Dunin
Bought by
Lampert Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,950,000
Interest Rate
3.5%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $390,000 Garcia & Xiques Pa
Warranty Deed $10,900,000 Garcia & Xiques Pa
Warranty Deed $66,000 South Coast Title Co
Warranty Deed $9,100,000 Attorney
Quit Claim Deed -- Attorney
Deed $6,000,000 Key International Title & Es
Warranty Deed $3,900,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $5,900,000 New Conventional
Previous Owner $3,960,000 Construction
Previous Owner $600,000 Stand Alone Second
Previous Owner $4,000,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,950,000 Unknown
Previous Owner $1,493,000 New Conventional
Previous Owner $1,500,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2021 12/23/21 Sold $10,900,000 -0.9% $1,827 / Sq Ft
11/08/2021 11/08/21 For Sale $11,000,000 +66.7% $1,843 / Sq Ft
04/30/2020 04/30/20 Sold $6,600,000 -11.9% $1,106 / Sq Ft
02/20/2020 02/20/20 Price Changed $7,495,000 -6.3% $1,256 / Sq Ft
09/16/2019 09/16/19 For Sale $7,995,000 -12.1% $1,340 / Sq Ft
03/04/2015 03/04/15 Sold $9,100,000 -8.5% $1,514 / Sq Ft
12/02/2014 12/02/14 Pending -- -- --
11/04/2014 11/04/14 Price Changed $9,950,000 -8.7% $1,655 / Sq Ft
06/17/2014 06/17/14 Price Changed $10,900,000 -8.4% $1,813 / Sq Ft
09/26/2013 09/26/13 For Sale $11,900,000 -- $1,980 / 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
2024 $150,384 $9,916,197 $6,429,600 $3,486,597
2023 $150,384 $9,368,805 $5,843,040 $3,525,765
2022 $142,909 $8,922,931 $5,358,000 $3,564,931
2021 $91,136 $5,473,639 $4,681,200 $792,439
2020 $111,775 $6,808,949 $4,512,000 $2,296,949
2019 $113,110 $6,833,614 $4,512,000 $2,321,614
2018 $109,839 $6,858,277 $4,512,000 $2,346,277
2017 $119,365 $7,389,048 $0 $0
2016 $122,560 $7,411,594 $0 $0
2015 $95,735 $5,664,587 $0 $0
2014 $95,082 $5,339,890 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1848162

MIAMI REALTORS® MLS

APN: 24-5206-003-0010