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$21,900,000
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481 S Mashta Dr
Key Biscayne, FL 33149
5 bed 7 bath 5,940 SqFt ($3686/SqFt)
0.39 acre lot. Built 1989
Listed 2024-03-04, Taxes $81,871
Ⓧ USDA Ineligible
due to price & location

near Key Biscayne

Latest Value Estimates: $8,734,000 from Collateral Analytics on 2024-04-17. $12,170,820 from Quantarium on 2024-04-24. Forecast Estimate Value:$8,869,563 in 2025-02-01 by Collateral Analytics. $12,029,219 in 2025-04-01 by Quantarium.

Located on exclusive Mashta Island

This magnificent waterfront dream residence has been completely remodeled to offer the most luxurious and contemporary living experience. With attention to detail evident in every corner and top of the line finishes throughout, residents can enjoy the breathtaking views of smugglers cove and Biscayne bay.

Sitting on 17, 012 Sq Ft of land, this 3-level home offers defined s paces that ensure glamour and sophistication all around with an open floor plan and tons of natural light ncluding 5 bedrooms, 6.5 baths, office, elevator, enclosed garage, extra parking space, walk-in closets, fabulous pool, summer kitchen, dock and the most impressive and gorgeous covered area on the 1st level for those that like to entertain and enjoy serenity at its finest.


Presented by BRIGITTE NACHTIGALL, Agent at
Great Properties International Llc.
Listing Agent Photo

Property MLS #A11516945 from MiamiMLS

Bedrooms: 5

Total Bathrooms: 7
Full Bathrooms: 6
1/2 Bathrooms: 1

Bidet
BuiltinFeatures
ClosetCabinetry
DiningArea
SeparateFormalDiningRoom
DualSinks
EntranceFoyer
FirstFloorEntry
Pantry
SittingAreainPrimary
SeparateShower
UpperLevelPrimary
WalkInClosets
Elevator
Flooring: CeramicTile, Wood
Window Features: Blinds

BuiltInOven
Dryer
Dishwasher
ElectricRange
ElectricWaterHeater
Disposal
IceMaker
Microwave
Refrigerator
Washer
Laundry Features: InGarage

Den/Library/Office, Family Room, Utility/Laundry In Garage

Cooling Features: Electric
Heating Features: Electric
Heating: Yes

Balcony
OutdoorGrill
Porch
Patio
Patio And Porch Features: Balcony, Open, Patio, Porch
Road Frontage Type: CityStreet

Pool Features: InGround, Pool
Pool Private: Yes

CanalAccess
CanalFront
OceanAccess

Attached Garage: Yes
Covered Spaces: 2
Garage Spaces: 2
Parking Features: Attached, Covered, Driveway, Garage, PaverBlock, GarageDoorOpener

Lot Description: Item14to12AcreLot, SprinklersAutomatic
Lot Size Acres: 0.3905418
Lot Size Square Feet: 17012

View: Canal, Water

Association: No
Calculated Total Monthly Association Fees: 0
Pets Allowed: NoPetRestrictions, Yes

Elementary School: Keybiscayne
High School: Mast Academy

Key Biscayne K-8 Center is a public elementary and middle school located approximately 0.6 miles away.
directions icon Map directions

Coral Gables Senior High School is a public high school located approximately 6.7 miles away.
directions icon Map directions

Key Biscayne Presbyterian School is a private elementary school located approximately 1.2 miles away.
directions icon Map directions

Lease Considered: Yes

Community Features: HomeOwnersAssociation

Annual Tax Amount: 84924
Source Listing Status: Active
County: Miami-Dade County
Tax Year: 2023
Source Property Type: Residential
Source Neighborhood: SMUGGLERS COVE
Parcel Number: 24-52-05-017-0110
Postal City: Key Biscayne
Postal Code Plus 4: 1731
Subdivision: SMUGGLERS COVE
Zoning Description: 2001
Property Subtype: SingleFamilyResidence
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$5,121,857
$81,871
2021$804,737 + $4,167,940
$4,972,677
$82,240
2020$814,752 + $4,167,940
$4,982,692
$81,618
2019$824,762 + $4,167,940
$4,992,702
$81,987
2018$834,771 + $4,440,132
$5,274,903
$83,847
2017$806,351 + $4,440,132
$5,246,483
$84,119
2016$817,372 + $4,967,504
$5,784,876
$95,012
2015$unknown + $unknown
$3,132,156
$52,278
2014$unknown + $unknown
$3,107,298
$53,071
2013$unknown + $unknown
$3,061,378
$52,056
2012$unknown + $unknown
$4,688,235
$51,477
2011$unknown + $unknown
$2,922,530
$50,312
2010$unknown + $unknown
$2,879,340
$53,295
2009$unknown + $unknown
$2,803,642
$49,376
2008$unknown + $unknown
$2,800,842
$48,559
2007$unknown + $unknown
$2,719,265
$47,089

Price Changed for rent 2024-03-30
$79,500
MiamiMLS
Listed 2024-03-04
$21,900,000
MiamiMLS
Listed for rent 2024-02-12
$95,000
MiamiMLS
Listing removed 2022-01-14
$37,000
MiamiMLS
Listing removed 2021-09-23
$12,700,000
MiamiMLS
Price Changed 2021-04-29
$12,700,000
MiamiMLS
Listed 2020-05-13
$11,500,000
MiamiMLS
Sold 2015-04-20
$7,633,000
MiamiMLS
Price Changed 2014-11-07
$8,900,000
MiamiMLS
Listed 2014-07-08
$9,500,000
MiamiMLS
Sold 2000-12-28
$2,700,000
Public Record
Sold 1998-08-28
$2,150,000
Public Record

Total Square Feet Living: 5940
Year Built: 1989
Building Area Total: 8544
Construction Materials: Block
Direction Faces: South
Levels: ThreeOrMore
Property Age: 35
Roof: Barrel
House Style: WF/Pool/Ocean Access
Year Built Details: Resale

Sewer: PublicSewer
CableAvailable
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.