521 S MASHTA DR, Key Biscayne, FL 33149

Parcel: 2452050090320 · Residential - Single Family · 1 Unit · Zoning: 2001

Assessed Value (2025)
$3,618,420

Property Details

Beds
6
Baths
5.5
Living Sqft
5,845
Year Built
2012
Lot Sqft
10,000
Stories
2
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$267,000
1984-09-01
2
N/Anon-market transfer
2001-06-01
3
$1,275,000
2004-07-01

Tax Assessment History

$3,618,420
Assessed (2025)
$4,944,161
Market Value
$3,567,698
Taxable Value
$72,635
Annual Tax
2024
$3,516,444
$4,715,116
2025
$3,618,420
$4,944,161
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $3,618,420 $4,944,161 $3,567,698 $72,635
2024 $3,516,444 $4,715,116 $3,466,444 $70,574

About 521 S MASHTA DR, Key Biscayne, FL 33149

521 S MASHTA DR, Key Biscayne, FL 33149 is a 6-bedroom, 5.5-bathroom residential - single family : 1 unit built in 2012 with 5,845 square feet of living space on a 10,000 square foot lot. The property is currently owned by MAURICE R FERRE &W MARIA D FERRE, 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 2004-07-01 for $1,275,000. There are 3 recorded sales for this property. The 2025 assessed value is $3,618,420 with a market value of $4,944,161.

This breaks down to $3,100,000 for the land and $1,844,161 for the building. The assessed value increased 3% from $3,516,444 in 2024. The property has the following tax exemptions: homestead.

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. 521 S 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 2004, with 3 recorded transactions in the public record. The current assessed value represents 284% of the most recent sale price. This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal.

Based on the most recent sale, this property traded at $218 per square foot — a key metric for comparing value across Key Biscayne's real estate market..

Current Owner

MAURICE R FERRE &W MARIA D FERRE
521 S MASHTA DR, KEY BISCAYNE, FL, 33149-1732
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$22,110 — $36,984
Flood $400 — $800
Property/Wind $21,710 — $36,184

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 →
Zoom in to see property sales