34
  • Type
  • Single Family Residence
  • 5
  • Bedrooms
  • 5
  • Bathrooms
  • 0
  • Garage
  • 3595 Sq Ft
  • Area Size
164 W Mashta Dr, Key Biscayne FL 33149 | Miami-Dade County | A11953262
  • $5,200,000

Description

An exceptional opportunity to own a renovated residence on iconic Mashta Drive, offering refined island living in one of Key Biscayne’s most prestigious neighborhoods. This elegant home features a custom Yamini kitchen with high-end appliances, 5 bedrooms plus den, and 5 luxurious baths designed for comfort and entertaining. A desirable sun orientation fills the interiors with natural light. Outdoors, enjoy a private tropical oasis with a beautiful pool, colonial red brick pool deck and back patio, and an elevated balcony ideal for outdoor living. Lush landscaping enhances the front of the property, creating striking curb appeal. Built with impact windows and doors and offering a generous parking area. Ideally located minutes from beaches, marinas, dining, parks, and top-rated schools.

Property Overview

This is a 5-bedroom, 5-bath home of about 3595 square feet at 164 W Mashta Dr, Key Biscayne FL 33149 (Key Biscayne 33149), listed at $5,200,000.

Monthly Costs, Stated Plainly

This home has no mandatory HOA (single-family / no association on record).

The tax of record is $41,594 (2025). As an ESTIMATE ONLY — Florida reassesses at sale — at this price and a Miami-Dade rate near 2.0%: without homestead, about $104,000/yr (≈ $8,667/mo); with the homestead exemption on a primary residence, about $103,000/yr (≈ $8,583/mo). Confirm with the Miami-Dade Property Appraiser and a tax professional — these are estimates, not quotes.

Frequently Asked Questions

What is the list price, and what typically conveys with a home like this?

The list price is $5,200,000. The furnishings are not stated on the MLS record and must be confirmed; fixtures and built-in appliances generally convey. The property includes a private, heated in-ground pool with equipment and a spa combination.

Community amenities are subject to HOA terms. For precise verification of what is included, please contact Christopher Lazaro, Key Biscayne Real Estate Agent.

Where exactly is it, and what should I know about the location?

The property at 164 W Mashta Dr is located in the coastal corridor of Key Biscayne, Florida 33149. The island offers a distinct environment separate from Miami, with direct access to beachfront parks and the Cape Florida Lighthouse.

For a precise evaluation of the local market dynamics and specific area amenities, you should contact Christopher Lazaro, Key Biscayne Real Estate Agent, to verify current conditions.

What are the HOA / association fees, and what do they cover?

This property at 164 W Mashta Dr has no mandatory homeowners association, which is a notable feature for Key Biscayne. As a single-family home with no association on record, the owner is responsible for all utilities, landscaping, and exterior upkeep.

The home remains subject to all local city ordinances. For specific verification of any deed restrictions or municipal rules, you should consult directly with Christopher Lazaro, Key Biscayne Real Estate Agent.

What are the property taxes and homestead implications?

The tax of record is $41,594 for 2025. As an estimate only—Florida reassesses upon sale—at the list price of $5,200,000 and a Miami-Dade rate near 2.0%, annual property tax could be approximately $104,000 without a homestead exemption, or about $103,000 with one, which lowers the taxable value for a primary residence.

These are estimates, not quotes; confirm final figures with the Miami-Dade Property Appraiser and a tax professional. To verify all implications for this property, contact Christopher Lazaro, Key Biscayne Real Estate Agent.

Is the home in a flood zone, and what does that mean?

Yes, the property is in a high-risk flood zone, designated as an AE zone by FEMA. This classification means there is at least a 1% annual chance of flooding, and lenders will require a separate flood insurance policy. You can review the FEMA definitions for flood zones and view the FEMA flood map for this address.

For a precise assessment of insurance implications and property-specific risk factors, you should contact Christopher Lazaro, Key Biscayne Real Estate Agent, to verify the details.

Are pets allowed?

This is a single-family home. There is no condo or HOA board setting a pet policy, so pet approval is at the owner's discretion, subject to local ordinances and any active lease terms. Documented service animals and emotional support animals are protected under separate federal housing laws.

To confirm the current owner's position on pets for 164 W Mashta Dr, contact Christopher Lazaro, Key Biscayne Real Estate Agent, directly.

How is the price set and is there room to negotiate?

The listed price of $5,200,000 originates from a detailed comparative market analysis of Key Biscayne. Current market context shows Miami-Dade single-family homes have recently been closing at 95% of original list, around 41 days to contract (MIAMI REALTORS®, May 2026). This establishes a general negotiation baseline.

For precise guidance on this specific property, I recommend a current Key Biscayne CMA before you formulate an offer. To verify the analysis and discuss strategy, reach out to Christopher Lazaro, Key Biscayne Real Estate Agent.

What financing step do you recommend before touring?

Before touring, I recommend getting a mortgage pre-approval. This requires connecting with a Florida-licensed mortgage originator, which you can do at Get-PreApproved.com. Once you have that letter, contact Christopher Lazaro, Key Biscayne Real Estate Agent, to verify your readiness to proceed with a property listed at $5,200,000.

Monthly Fees & Carrying Costs

  • Membership Required: No

Have a question about this Key Biscayne listing?

Talk directly with Christopher Lazaro, your Key Biscayne real estate advisor. No pressure — real answers.

  • Address: Mashta Dr
  • City: Key Biscayne
  • State/county: Miami-Dade County
  • Zip/Postal Code: 33149
  • Area: BISCAYNE KEY ESTATES

Details

Updated on August 9, 2026 at 4:42 am
  • Property ID A11953262
  • Price $5,200,000
  • Property Size 3595 Sq Ft
  • Bedrooms 5
  • Room 0
  • Bathrooms 5
  • Garage 0
  • Year Built 2000
  • Type Single Family Residence
  • Property Status Active, Residential

Additional details

  • Flooring Marble, Other
  • Bedroom Features At Least 1 Bedroom Ground Level, Entry Level
  • Cooling Ceiling Fan(s), Electric
  • Association Type None
  • Building BISCAYNE KEY ESTATES
  • Area Biscayne Key Estates
  • Annual Tax 41594
  • Association No
  • Elementary School Keybiscayne
  • Private Pool No
  • Listing Terms All Cash, Conventional
  • Waterfront No
  • Full Bathrooms 5
  • Subdivision BISCAYNE KEY ESTATES
  • Restrictions No Restrictions, Ok To Lease
  • Maintenance Includes Maintenance Incl Trash
  • Parking Attached Carport, Additional Spaces Available, Driveway, Guest
  • Heating Electric
  • Structure Type Pool Only, House
  • Tax Year 2025
  • Construction CBS Construction, Elevated Construction, Stucco
  • Building Area 3801
  • Covered Spaces 2
  • Middle School Ponce De Leon
  • View Garden, Pool
  • Year Built Details Resale
  • High School Coral Gables
  • Pets Allowed Yes
  • Half Bathrooms 0
  • Flood Zone AE
  • Patio / Porch Open Porch, Patio
  • New Construction No
  • Garage Spaces 0
  • Style Pool Only
  • Lot Size (Sq Ft) 7500
  • Membership Purchase Required No

Mortgage Calculator

Schedule a Tour

Tour Type

Contact Information

View Listings
Christopher Lazaro

Enquire About This Property

0 Review

Sort by:
Leave a Review

Leave a Review

Compare listings

Compare