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Sold for $16,500,000
  • $16,500,000

    520 S Mashta Dr, Key Biscayne, FL 33149

    4beds
    3,085sqft
    Single Family Residence
    Built in 1961
    0.51 Acres Lot
    $18,748,500 Zestimate®
    $5,348/sqft
    $90,478 Estimated rent

    Home value

    $18,748,500

    $16.50M - $21.56M

    $90,478/mo

    Zestimate® history
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    $112,917/mo

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    $112,917/mo

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    What's special

    CROWN JEWEL OF KEY BISCAYNE! Captivating wide open Bay vistas on rare sought after S. Mashta Drive. Situated among luxurious multi-million dollar mansions, it offers unparalleled privacy and security. Highlight of this property is its expansive 22,140 sq.ft. WF lot providing breathtaking views of the Bay, from private yachts passing by to mesmerizing sunsets. Enjoy 3,085 sq.ft. recently renovated “Hamptons like” villa as you imagine your dream home. Home can also be easily leased to generate income. Excellent school system, Int'l boutiques, and restaurants. Nestled between two exquisite parks boasting pristine white sandy beaches, golf & tennis centers. Twenty minutes from vibrant areas of Brickell Ave & Coconut Grove. 25 minutes from heart of S. Beach and Miami Int’l. airport.

    Zillow last checked:

    Listing updated:

    Listed by:

    Pamela Ibarguen-Mann 305-761-4343,

    Fortune Christie's Intl R.E.,

    Nelson Duque 305-332-3343,

    Fortune Christie's Intl R.E.

    Bought with:

    Jonathan Matos, 3299627

    Douglas Elliman

    Source: MIAMI,MLS#: A11502495MLS LogoOriginating MLS: A-Miami Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator
    • Laundry: Laundry Room
    Features
    • Kitchen Island, Pantry, Split Bedroom, Walk-In Closet(s)
    • Flooring: Ceramic Tile
    • Doors: High Impact Doors
    • Windows: Sliding
    Interior area
    • Total interior livable area: 3,085 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Covered, Guest, Garage Door Opener
    • Garage spaces: 2
    Features
    • Stories: 1
    • Entry location: First Floor Entry
    • Patio & porch: Patio
    • Exterior features: Lighting
    • Has private pool: Yes
    • Pool features: In Ground
    • Has view: Yes
    • View description: Bay, Water
    • Has water view: Yes
    • Water view: Bay,Water
    • Waterfront features: Ocean Access, No Fixed Bridges, Seawall, WF/Pool/Ocean Access, Bay
    • Frontage type: Bay/Harbor
    • Frontage length: 135
    Lot
    • Size: 0.51 Acres
    • Features: 1/2 To Less Than 3/4 Acre Lot
    Details
    • Parcel number: 2452050090170
    • Zoning: 20/ESTAT

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Concrete Block Construction
    • Roof: Barrel Roof
    Condition
    • Year built: 1961

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Municipal Water

    Community & neighborhood

    Community
    • Community features: Other, Other Subdiv/Park Info
    Location
    • Region: Key Biscayne
    • Subdivision: Mashta Island

    Other

    Other facts
    • Listing terms: All Cash,Conventional

    Price history

    DateEventPrice
    1/6/2025Price change$18,900,000-5.5%$6,126/sqft
    Source: MIAMI #A11684094 Report a problem
    10/29/2024Listed for sale$20,000,000+21.2%$6,483/sqft
    Source: MIAMI #A11684094 Report a problem
    2/26/2024Sold$16,500,000-4.1%$5,348/sqft
    Source: MIAMI #A11502495 Report a problem
    1/15/2024Pending sale$17,200,000$5,575/sqft
    Source: MIAMI #A11502495 Report a problem
    1/11/2024Listing removed--
    Source: MIAMI #A11326642 Report a problem
    12/20/2023Listed for sale$17,200,000+97.7%$5,575/sqft
    Source: MIAMI #A11502495 Report a problem
    7/17/2023Price change$29,000-23.7%$9/sqft
    Source: MIAMI #A11326642 Report a problem
    1/17/2023Listed for rent$38,000+38.2%$12/sqft
    Source: MIAMI #A11326642 Report a problem
    6/13/2018Listing removed$27,500$9/sqft
    Source: Fortune International Realty #A10420432 Report a problem
    2/16/2018Listed for rent$27,500+77.4%$9/sqft
    Source: Fortune International Realty #A10420432 Report a problem
    7/28/2015Listing removed$15,500$5/sqft
    Source: Fortune International Realty #A2025703 Report a problem
    7/22/2015Listed for rent$15,500-22.5%$5/sqft
    Source: Fortune International Realty #A2025703 Report a problem
    6/6/2015Listing removed$20,000$6/sqft
    Source: Miami Association of Realtors #A2025703 Report a problem
    4/29/2015Listed for rent$20,000$6/sqft
    Source: Diamond Centurion Real Estate Report a problem
    3/5/2015Listing removed$20,000$6/sqft
    Source: Fortune International Realty #A2025703 Report a problem
    10/30/2014Listed for rent$20,000$6/sqft
    Source: Fortune International Realty #A2025703 Report a problem
    4/23/2014Sold$8,700,000-3.3%$2,820/sqft
    Source: Public Record Report a problem
    2/22/2014Listed for sale$9,000,000$2,917/sqft
    Source: Fortune International Realty #A1910236 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$218,766 +12.7%$12,870,000 +7.7%
    2024$194,171 +8.1%$11,953,597 +10%
    2023$179,582 +9.9%$10,866,907 +10%
    2022$163,377 +5.8%$9,879,007 +6.1%
    2021$154,367 +4.1%$9,313,016 +3.7%
    2020$148,349 -0.3%$8,981,814 0%
    2019$148,733 +3.4%$8,982,712 0%
    2018$143,889 $8,983,609 -11.9%
    2017$143,889 -13.9%$10,194,286 +10%
    2016$167,074 +17.3%$9,267,533 +10%
    2015$142,423 +1.3%$8,425,030 +9.6%
    2014$140,649 +25.1%$7,688,036 +10%
    2013$112,421 +0%$6,989,124 +7.7%
    2012$112,421 +8.6%$6,487,338 +9.5%
    2011$103,500 +2.4%$5,923,694 +10%
    2010$101,093 -19.9%$5,385,177 -23.8%
    2009$126,186 -5.3%$7,063,362 -7.3%
    2007$133,259 +53.5%$7,621,865
    2006$86,829 --
    2005$86,829 +40.9%--
    2004$61,617 +24.5%--
    2003$49,480 +29%--
    2002$38,352 --
    2001$38,352 --

    Find assessor info on the county website

    Neighborhood: 33149

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $18,748,500
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $18,748,500