NOT LISTED FOR SALE

775 S Mashta Dr Key Biscayne, FL 33149

Village of Key Biscayne Neighborhood

Estimated Value: $5,499,000

6 Beds
8 Baths
11,588 Sq Ft
$475/Sq Ft Est. Value

Last Sold December 23, 2015

Last sale price $47,000,000 $4,056 Per Sq Ft

Current estimated payment $35,404/month

353 Days on Market

Highlights

  • Ocean Front
  • Private Dock
  • 71,198 Sq Ft lot
  • Key Biscayne K-8 Center Rated A-
  • Outdoor Pool
  • Marble Flooring

About This Home

As of December 2015

Greatest property in South Florida - EVER. Captivating waterfront 2 acre gated grand estate on a private penninsula overlooking Biscayne Bay w/the Miami skyline as a backdrop. 2000 ft water frontage. 5 story 12000 sqft 6 bedrooms 8 full baths w/stunning 360 degree water & city views. Fabulous pool & gazebo area. Private deep water yacht harbor. Property was the playground of America's elite at the turn of the century. (Vanderbilt's, Carnegie's & the likes partied here).

Last Agent to Sell the Property

Jorge Uribe

One Sotheby's International Realty License #3080567 Listed on: 09/08/2014

One Sotheby's International Realty

Co-Listed By

Tata Botero

Great Properties International LLC License #3092697

Last Buyer's Agent

Jorge Uribe

One Sotheby's International Realty License #3080567 Listed on: 09/08/2014

One Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $128,153

Year Built

  • Built in 1991

Lot Details

  • 1.63 Acre Lot
  • 2,000 Ft Wide Lot
  • Ocean Front
  • Property Fronts a Bay or Harbor
  • Southwest Facing Home
  • Property is zoned 20/ESTAT

Parking

  • 4 Car Attached Garage

Property Views

  • Ocean
  • Bay

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 11,588 Sq Ft Home
  • Elevator
  • Marble Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 8 Full Bathrooms

Outdoor Features

  • Outdoor Pool
  • Property has ocean access
  • Private Dock

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Mashta Point Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 24-52-06-003-0060

Home Details

Home Type

Single Family

Est. Annual Taxes

$128,153

Year Built

Built in 1991

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Year Built: 1991
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Other
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Dock Available,Private Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: MASHTA POINT SUB
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Other
  • Spa Yn: Yes
  • Full Bathrooms: 8
  • Total Bedrooms: 6
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 11588
  • Other Equipment: Elevator
  • Possible Use: Unknown/Withheld
  • Window Features: Other Windows
  • Bedroom Features: Other
  • Dining Room Features: Eat-In Kitchen
  • Living Room Features: Other

Exterior Features

  • Roof: Other
  • View: Bay, Ocean
  • Exterior Features: Other
  • Construction Type: CBS Construction
  • Direction Faces: Southwest
  • Lot Features: 1 To Less Than 2 Acre Lot
  • Pool Features: Other
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: MASHTA POINT SUB
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Parking Features: Covered

Utilities

  • Sewer: Other
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 24-52-06-003-0060
  • Lot Size Sq Ft: 71198
  • Zoning: 20/ESTAT
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 128153

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2014
Closed on
Dec 23, 2015
Sold by
Mashta Point Inc
Bought by
Boca Breeze Llc
Seller's Agent
Jorge Uribe
One Sotheby's International Realty
Buyer's Agent
Jorge Uribe
One Sotheby's International Realty
List Price
$60,000,000
Sold Price
$47,000,000
Premium/Discount to List
-$13,000,000
-21.67%
Current Estimated Value
$5,499,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$41,501,000
Avg. Annual Appreciation
-19.84%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Boca Breeze Llc -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boca Breeze Llc $20,000,000
Previous Owner Pitu Inc $1,115,000
Previous Owner Pitu Inc $3,300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2015 12/23/15 Sold $47,000,000 -14.5% $4,056 / Sq Ft
05/05/2015 05/05/15 Price Changed $55,000,000 0.0% $4,746 / Sq Ft
12/01/2014 12/01/14 Rented $35,000 -99.9% --
11/01/2014 11/01/14 Under Contract -- -- --
09/08/2014 09/08/14 For Sale $60,000,000 0.0% $5,178 / Sq Ft
07/25/2014 07/25/14 For Rent $50,000 -- --
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 $218,392 $13,533,773 -- --
2024 $201,588 $12,303,430 -- --
2023 $201,588 $11,184,937 $0 $0
2022 $185,322 $10,285,000 $0 $0
2021 $185,860 $10,899,900 $0 $0
2020 $194,523 $11,781,000 $11,781,000 $0
2019 $196,658 $11,880,736 $11,781,000 $99,736
2018 $238,965 $14,920,711 $11,781,000 $3,139,711
2017 $262,756 $16,265,234 $0 $0
2016 $269,557 $16,300,757 $0 $0
2015 $152,979 $9,003,811 $0 $0
2014 $148,602 $8,185,283 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jorge Uribe

    Seller's Agent in 2015

    Jorge Uribe

    One Sotheby's International Realty

    (786) 371-8777

    5 in this area

    60 Total Sales

    Jorge Uribe
    Section Image
  • Tata Botero

    Seller Co-Listing Agent in 2015

    Tata Botero

    Great Properties International LLC

    (305) 365-0711

    5 in this area

    7 Total Sales

    Tata Botero
    Section Image

  • M

    Buyer's Agent in 2014

    MAR NON-MEMBER

    NO MLS PARTICIPATION (MAR)

    7 in this area

    596 Total Sales

    MAR NON-MEMBER
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A2001951

MIAMI REALTORS® MLS

APN: 24-5206-003-0060

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

775 S Mashta Dr, Key Biscayne, FL

This home is located at 775 S Mashta Dr, Key Biscayne, FL 33149 since 08 September 2014 and is currently estimated at $5,499,000, approximately $474 per square foot. This property was built in 1991. 775 S 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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