Mashta Island, 520 S Mashta Dr

$20M5.5%
$18,900,000
3
Beds
4
Baths
3,085
SqFt
Status
OFF MARKETExpired
Parking
2
Size
3,085 SqFt (287 m2)
Price
$6,126/SqFt ($65,945/m2)
Type
House
Built
1961
MLS Number
A11684094
View
Bay,Ocean
On Site
686 Days
Updated
476 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: 3
Bathrooms
  • Bathrooms: 4
  • Half Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: SecurityHighImpactDoors
  • View: Bay,Ocean
Interior, Heating and Cooling
  • Interior Features: BedroomOnMainLevel, FirstFloorEntry, SplitBedrooms
  • Equipment / Appliances: Other
  • Heating Description: Central
  • Cooling Description: CentralAir
Building and Construction
  • Floor Description: Tile
  • Year Built: 1961
  • Year Built Description: Resale
  • Style: OneStory
Waterfront and Water Access
  • Waterfront Frontage: Yes
School Information
    Other Property Info
    • Garage: 2
    • Listing Date: 2024-10-29T10:15:11.000-00:00
    • Directions: East
    • Pets Allowed: NoPetRestrictions, Yes
    Taxes, Fees & More
    • Taxes: 179582
    • Parking Description: Driveway

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    Price History

    Current
    $18.9M
    High
    $20M
    Low
    $18.9M
    Total Change
    -5.5%
    $20.1M$19.5M$18.8MOct 24Jan 25
    Date
    Event
    Price
    Change
    Price Per
    01/06/2025
    Price Reduced
    $18.9M
    -5.5%
    $6,126 ft2
    $65,945 m2
    10/28/2024
    Listed
    $20M
     
    $6,483 ft2
    $69,783 m2
    01/06/2025
    $18.9M
    Event
    Price Reduced
    Change
    -5.5%
    Price Per
    $6,126 ft2
    $65,945 m2
    10/28/2024
    $20M
    Event
    Listed
    Price Per
    $6,483 ft2
    $69,783 m2
    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 .

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    Scores

    Walk Score®
    Car-Dependent. Almost all errands require a car
    8

    100
    Bike Score®
    Somewhat Bikeable. Minimal bike infrastructure
    36

    100
    Sound Score®
    Bearable noise
    80

    100
    Airport Score
    Close to airports. Noticeable airport activity
    0

    100
    Traffic Score
    Congested area. Frequent traffic delays
    24

    100
    Local Score
    Limited local amenities nearby
    0

    100
    Community Snapshot
    4 – 5 BR
    Bedrooms
    $6.4M – $19.9M
    Price Tier
    2,255 - 10,820
    SqFt Range
    1972
    Year Build
    1
    Total Floors
    71
    Total Units

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