NOT LISTED FOR SALE

725 N Mashta Dr Key Biscayne, FL 33149

Estimated Value: $6,155,000 - $10,299,112

5 Beds
3.5 Baths
3,174 Sq Ft
$2,648/Sq Ft Est. Value

Last Sold November 29, 2021

Last sale price $8,500,000 $2,678 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $53,359/month

Highlights

  • Property Fronts a Bay or Harbor
  • In Ground Pool
  • Furnished
  • Key Biscayne K-8 Center Rated A-
  • Deck
  • No HOA

About This Home

As of March 2022

Available now for up to 6 month rent, furnished or unfurnished. Cozy home with 5 Bedrooms and 4 full bathrooms & garage for 2 cars. With 100’ of water frontage to accommodate comfortably a large boat. Oversized swimming pool with covered barbecue area to enjoy the best bay views and outdoor living. Boat Slip can also be rented separately for a longer term.
Call listing agent for further details

Last Agent to Rent the Property

Elena Chacon

BHHS EWM Realty License #3268706 Listed on: 12/29/2021

BHHS EWM Realty

Last Renter's Agent

Elena Chacon

BHHS EWM Realty License #3268706 Listed on: 12/29/2021

BHHS EWM Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1964

Lot Details

  • 0.34 Acre Lot
  • Property Fronts a Bay or Harbor
  • Fenced
  • Property is zoned 2001

Parking

  • 2 Car Garage
  • 4 Carport Spaces

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,174 Sq Ft Home
  • Furnished
  • French Doors
  • Ceramic Tile Flooring
  • Bay Views
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Cooking Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Deck
  • Exterior Lighting
  • Outdoor Grill
  • Porch

Schools

  • Keybiscayne Elementary School
  • Ponce De Leon Middle School
  • Coral Gables High School

Community Details

  • No Home Owners Association
  • Mashta Island Subdivision

Listing and Financial Details

  • Property Available on 12/29/21
  • Short Term Lease Lease Term
  • Assessor Parcel Number 24-52-05-008-0020

Home Details

Home Type

Single Family

Year Built

Built in 1964

Lot Details

0

Parking

2

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions
  • Available Date: 2021-12-29
  • Lease Term: Short Term Lease

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1964
  • Property Sub Type: Single Family Residence
  • Architectural Style: Second Floor Entry
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • Lease Assignable: No
  • New Construction: No
  • Structure Type: Single Family-Seasonal, House
  • Subdivision Name: MASHTA ISLAND
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Microwave, Refrigerator, Washer
  • Interior Amenities: Second Floor Entry, Closet Cabinetry, Cooking Island, French Doors, Walk-In Closet(s)
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Flooring: Ceramic Floor
  • Furnished: Furnished
  • Living Area: 3174
  • Window Features: Hurricane Shutters

Exterior Features

  • View: Bay
  • Exterior Features: Barbeque, Fruit Trees, Lighting
  • Construction Type: CBS Construction
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Deck, Open Porch
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: MASHTA ISLAND
  • Carport Spaces: 4
  • Covered Parking Spaces: 6
  • Garage Spaces: 2

Utilities

  • Security: Smoke Detector

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Keybiscayne
  • High School: Coral Gables
  • Middle Or Junior School: Ponce De Leon

Lot Info

  • Parcel Number: 24-52-05-008-0020
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 15000
  • Zoning: 2001
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2022
Closed on
Nov 29, 2021
Sold by
Miren Aboitiz Achaval Trust
Bought by
725 Kb Holdings Llc
Seller's Agent
Comp Sale
Comp Only Sales
Buyer's Agent
Elena Chacon
BHHS EWM Realty
List Price
$8,500,000
Sold Price
$8,500,000
Current Estimated Value
$8,406,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$93,963
Avg. Annual Appreciation
-0.27%

Purchase Details

Closed on
Mar 2, 2018
Sold by
Achaval Miren A De
Bought by
Achaval Jon Mikel and Achaval Mikel Gotzon
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
725 Kb Holdings Llc $8,500,000 Title Answers
Achaval Jon Mikel -- Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/01/2022 03/01/22 Rented $17,500 -99.8% --
02/08/2022 02/08/22 Under Contract -- -- --
01/13/2022 01/13/22 For Sale $8,500,000 0.0% $2,678 / Sq Ft
12/29/2021 12/29/21 For Rent $17,500 0.0% --
11/29/2021 11/29/21 Sold $8,500,000 -- $2,678 / Sq Ft View Prior Sale
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 $112,853 $7,831,513 -- --
2024 $106,021 $7,119,558 $6,225,000 $894,558
2023 $106,021 $6,575,894 $5,670,000 $905,894
2022 $102,731 $6,392,232 $5,475,000 $917,232
2021 $74,782 $4,477,534 $4,125,000 $352,534
2020 $74,012 $4,480,241 $4,125,000 $355,241
2019 $74,241 $4,482,947 $4,125,000 $357,947
2018 $25,988 $1,661,588 $0 $0
2017 $25,668 $1,627,413 $0 $0
2016 $25,753 $1,593,941 $0 $0
2015 $26,125 $1,582,861 $0 $0
2014 $26,527 $1,570,299 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11140775

MIAMI REALTORS® MLS

APN: 24-5205-008-0020