188 W MASHTA DR, Key Biscayne, FL 33149

Parcel: 2452050013130 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$1,377,081

Property Details

Beds
4
Baths
2.5
Living Sqft
1,895
Year Built
1951
Lot Sqft
7,500
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$136,000
1984-12-01
2
$1,380,000+915%
2012-12-06
ROBERTO DE CESPEDES &W TERESASUNSET 26 INVESTMENT LLC
3
$2,130,000+54%
2015-11-23
SUNSET 26 INVESTMENT LLCJOSE BENITO BESADA

Tax Assessment History

$1,377,081
Assessed (2025)
$2,321,985
Market Value
$1,326,359
Taxable Value
$27,004
Annual Tax
2024
$1,338,272
$2,099,715
2025
$1,377,081
$2,321,985
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $1,377,081 $2,321,985 $1,326,359 $27,004
2024 $1,338,272 $2,099,715 $1,288,272 $26,228

About 188 W MASHTA DR, Key Biscayne, FL 33149

188 W MASHTA DR, Key Biscayne, FL 33149 is a 4-bedroom, 2.5-bathroom residential - single family : 1 unit built in 1951 with 1,895 square feet of living space on a 7,500 square foot lot. The property is currently owned by JOSE BENITO BESADA MARIA INES SEGOVIA, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2015-11-23 for $2,130,000, when SUNSET 26 INVESTMENT LLC sold to JOSE BENITO BESADA . The property has appreciated $750,000 (54%) since the prior sale of $1,380,000 on 2012-12-06. There are 3 recorded sales for this property.

The 2025 assessed value is $1,377,081 with a market value of $2,321,985. This breaks down to $1,950,000 for the land and $371,985 for the building. The assessed value increased 3% from $1,338,272 in 2024.

The property has the following tax exemptions: homestead. The median household income in this area is $250,001, and the median home value is $2,000,001. The population density is 3,407 people per square mile.

There are active mortgage liens totaling $845,741 recorded against this property. 188 W MASHTA DR, Key Biscayne, FL 33149 is located in Key Biscayne, Florida. Property records, tax assessments, sales history, and ownership information for this Key Biscayne property are sourced from miami_dade County public records.

The complete ownership history of this property spans from 1984 to 2015, with 3 recorded transactions in the public record. The current assessed value represents 65% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase.

Based on the most recent sale, this property traded at $1124 per square foot — a key metric for comparing value across Key Biscayne's real estate market..

Current Owner

JOSE BENITO BESADA MARIA INES SEGOVIA
188 W MASHTA DR, KEY BISCAYNE, FL, 33149
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$16,924 — $31,095
Flood $400 — $800
Property/Wind $16,524 — $30,295

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood

Median Income$250,001
Median Home Value$2,000,001
Pop. Density3,407/sq mi

Neighborhood 33149

34.2%
Owner-Occ
65.8%
Investor
119
Flips (4yr)
3,025
New Biz (3yr)
Distress Risk
MODERATE
36
View full risk analysis →

Mortgages

ACTIVE
$910,000
~$845,741 bal.
FOUNDATION MORTGAGE CORP · 2020-09-02
Est. Total Balance $845,741
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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