715 N MASHTA DR, Key Biscayne, FL 33149

Parcel: 2452050080030 · Residential - Single Family · 1 Unit · Zoning: 2001

Assessed Value (2025)
$8,940,250

Property Details

Beds
5
Baths
5
Living Sqft
6,839
Year Built
2005
Lot Sqft
15,000
Stories
2
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$625,000
1985-03-01
2
$1,650,000+164%
1998-11-01
3
$10,000,000+506%
2014-03-19
LUIS LAMELA &W CLARAKEYLAGO LLC

Tax Assessment History

$8,940,250
Assessed (2025)
$9,077,206
Market Value
$8,940,250
Taxable Value
$182,016
Annual Tax
2024
$8,127,500
2025
$8,940,250
$9,077,206
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $8,940,250 $9,077,206 $8,940,250 $182,016
2024 $8,127,500 $8,127,500 $8,127,500 $165,469

About 715 N MASHTA DR, Key Biscayne, FL 33149

715 N MASHTA DR, Key Biscayne, FL 33149 is a 5-bedroom, 5-bathroom residential - single family : 1 unit built in 2005 with 6,839 square feet of living space on a 15,000 square foot lot. The property is currently owned by KEYLAGO LLC, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2014-03-19 for $10,000,000, when LUIS LAMELA &W CLARA sold to KEYLAGO LLC. The property has appreciated $8,350,000 (506%) since the prior sale of $1,650,000 on 1998-11-01. There are 3 recorded sales for this property.

The 2025 assessed value is $8,940,250 with a market value of $9,077,206. This breaks down to $6,750,000 for the land and $2,327,206 for the building. The assessed value increased 10% from $8,127,500 in 2024.

This property is located in FEMA Flood Zone AE, a Special Flood Hazard Area with a 1% annual chance of flooding (100-year floodplain). Flood insurance is typically required by lenders for properties in this zone. 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. 715 N 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 1985 to 2014, with 3 recorded transactions in the public record. The current assessed value represents 89% of the most recent sale price. Based on the most recent sale, this property traded at $1462 per square foot — a key metric for comparing value across Key Biscayne's real estate market..

Current Owner

KEYLAGO LLC
715 N MASHTA DR, KEY BISCAYNE, FL, 33149
Since: 2026-03-29
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$54,041 — $90,202
Flood $400 — $800
Property/Wind $53,641 — $89,402

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 →
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