Mashta Island, 520 S Mashta Dr Key Biscayne, FL 33149

20,000,000(-5.5% )
$18,900,000Price
5Beds
4Baths
3,085SqFt

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Details

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Status:
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Parking: 2
Size: 3,085 ft2 / 287 m2
Price: $6,126 ft2 / $65,945 m2
Built: 1961
MLS Number: A11684094
View: Bay,Ocean
On Site: 156 Days
Updated: 50 Days ago
Page Views: 0
Seize the rare chance to create your dream estate on one of the largest lots in key biscayne's prestigious mashta island community. This 22,140-square-foot property features 138 feet of pristine water frontage, offering breathtaking open-water views—an ideal backdrop for a grand residence. Collaborate with the renowned corazzini & associates, known for their award-winning designs that merge elegance with functionality. Enjoy spectacular sunsets visible throughout your home, perfect for relaxation and entertaining. Included are fully approved plans and permits for a stunning 8-bedroom, 8.5-bath, 10,000-square-foot estate, ensuring a seamless start to your vision. Don’t miss this once-in-a-lifetime opportunity to establish a legacy in one of south florida's most prestigious enclaves.

Features

Bedrooms
Bedrooms: 5
Bathrooms
Bathrooms: 4
Half Bathrooms: No info
Exterior and Lot Features
Exterior Features: SecurityHighImpactDoors
View: Bay,Ocean

Price History

01/06/2025

Date

Price Reduced

Event

$18.9M

Price

-5.5%

Change Rate

$6,126 ft2 / $65,945 m2

Price Per

10/28/2024

Date

Listed

Event

$20M

Price

$6,483 ft2 / $69,783 m2

Price Per

Price per square foot and days on website are not provided values and are calculated by Subdivisions.

Listed by Jonathan MatosDouglas Elliman • Buyer Agency Compensation .

Instant Comparative Market Analysis

$1,600/ft²
$3,100/ft²
$4,700/ft²
$6,300/ft²

Unit 520 S Mashta Dr – Asking

$6,126/ft²

(+15%) from Closed Avg. $/ft²

Closed Avg. $/ft²

$5,348/ft²
Community $/Price Range (Closed) $1759/ft² – $3419/ft²
UnitBed/BathSize SqFt$/SqFtExposureViewSoldClosed Date
# mashta island a replat of trs a4/33,085$5,348WestBay, Water$16,500,0002/23/2024
Bed/Bath: 4/3Size SqFt: 3,085$/SqFt: $5,348Exposure: WestView: Bay, WaterSold: $16,500,000Closed Date: 2/23/2024
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