631 N MASHTA DR, Key Biscayne, FL 33149

Parcel: 2452050080070 · Residential - Single Family · 1 Unit · Zoning: 2001

Assessed Value (2025)
$6,855,108

Property Details

Beds
4
Baths
3
Living Sqft
2,255
Year Built
1958
Lot Sqft
15,000
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$100non-market transfer
2017-11-10
BETTY BURCH SPANJER TRSBETTY J BURCH SPANJER
2
$8,500,000
2022-02-28
BETTY J BURCH SPANJERFOR FUN LLC
3
$8,500,000
2022-03-09

Tax Assessment History

$6,855,108
Assessed (2025)
$7,506,916
Market Value
$6,855,108
Taxable Value
$139,565
Annual Tax
2024
$6,231,917
2025
$6,855,108
$7,506,916
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $6,855,108 $7,506,916 $6,855,108 $139,565
2024 $6,231,917 $6,231,917 $6,231,917 $126,877

About 631 N MASHTA DR, Key Biscayne, FL 33149

631 N MASHTA DR, Key Biscayne, FL 33149 is a 4-bedroom, 3-bathroom residential - single family : 1 unit built in 1958 with 2,255 square feet of living space on a 15,000 square foot lot. The property is currently owned by FOR FUN LLC, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2022-03-09 for $8,500,000. There are 3 recorded sales for this property. The 2025 assessed value is $6,855,108 with a market value of $7,506,916.

This breaks down to $7,500,000 for the land and $6,916 for the building. The assessed value increased 10% from $6,231,917 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.

There are active mortgage liens totaling $4,784,275 recorded against this property. 631 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 2017 to 2022, with 3 recorded transactions in the public record. The current assessed value represents 81% of the most recent sale price. Based on the most recent sale, this property traded at $3769 per square foot — a key metric for comparing value across Key Biscayne's real estate market..

Current Owner

FOR FUN LLC
509 NW 72 ST, MIAMI, FL, 33150
Since: 2026-03-29
View owner profile →

People Behind This Entity

Registered Agent: CORPAG REGISTERED AGENTS (USA), INC.
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Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$82,661 — $151,612
Flood $400 — $800
Property/Wind $82,261 — $150,812

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 5% rate
$5,100,000
~$4,784,275 bal.
PROFESSIONAL BANK · 2022-07-26
Est. Total Balance $4,784,275
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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