640 S Mashta Dr, Key Biscayne, FL 33149 — MLS photo

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640 S Mashta Dr, Key Biscayne, FL 33149

Active · SingleFamilyResidence

$16,800,000

640 S Mashta Dr, Key Biscayne, FL 33149

Beds
4
Baths
4
Living area
3,620 sq ft
$ / sq ft
$4,641/sq ft
Year built
1968
Lot size
15,000 sq ft
HOA fee
—
Annual tax
$155,651

About this property

Welcome to your own slice of paradise! Enjoy breathtaking sunsets from your private dock on this waterfront property boasting 100 feet of direct Biscayne Bay frontage. Ideally located on Mashta Island. Set on a 15,000 SF lot, the home features 5 beds, 5 baths, including 2 bayfront primary suites with stunning views, impact windows and doors throughout. The open-concept layout flows seamlessly from the living and dining areas to the modern kitchen and out to the pool and entertainment patio, with floor-to-ceiling glass doors that open to blend indoor and outdoor living. Tranquil guest suite upstairs offering privacy and views. It also features an oversized 2-car garage, covered parking, and a spacious driveway for guests. Perfect to move in, renovate, or build your dream waterfront estate

Property location

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640 S Mashta Dr, Key Biscayne, FL 33149

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Facts & features

Interior

Bedrooms
4
Bathrooms
4
Living area
3,620 sq ft
Flooring
Other
Appliances
Dishwasher
Cooling
Central Air
Heating
Other
Interior features
Bedroom On Main Level, Breakfast Area, Bathtub, Dining Area, Dual Sinks, Entrance Foyer, First Floor Entry, Living Dining Room, Pantry, Split Bedrooms, Vaulted Ceilings, Walk In Closets

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1968
Lot size
15,000 sq ft
Architectural style
Other
Roof
Barrel
Construction
Block
Exterior features
Other
Pool
In Ground, Pool
Waterfront
Ocean Front
View
Bay, Garden

Parking

Garage spaces
2
Covered spaces
2
Parking features
Attached, Driveway, Garage, Guest, Garage Door Opener

HOA, Community & Financials

Pets allowed
Dogs Ok, Yes
Annual tax
$155,651
Subdivision
MASHTA ISLAND
County
Miami-Dade
Days on market
170
MLS listing ID
A11990382
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$54,967

Cap rate
1.8%
Net yield
1.8%
Cash-on-cash return
-14.0%
Gross yield
3.8%
Mortgage payment
$79,641/mo
Down payment
$4,200,000
Loan amount
$12,600,000
Annual NOI
$296,082

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.