520 South Mashta Drive

Key Biscayne, FL 33149

$20,000,000
Price
5
Beds
4
Baths
3,085 Sq. Ft.
$6,483 / Sq. Ft.
3,085
Sq. Ft.
$6,483
per Sq. Ft.

Description

Seize the rare chance to create your dream estate on one of the largest lots in Key Biscayne's prestigious Mashta Island community. This 23,263-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...Seize the rare chance to create your dream estate on one of the largest lots in Key Biscayne's prestigious Mashta Island community. This 23,263-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.
  1. Listed by Jonathan Matos • Douglas Elliman
  2. Listed by Maureen Jauregui • Coldwell Banker Realty

Property Details for 520 South Mashta Drive

Subdivision
MASHTA ISLAND A REPLAT OF
Style
WF/Pool/Ocean Access
Waterfront
Yes
Waterfront Description
Bay Front, Seawall
View
Bay, Direct Ocean
Area
52
Auction
No
Sq Ft Total
4177
LISTING UPDATED: 10/30/2024 11:05 AM

Property Details for 520 South Mashta Drive

StatusActive
MLS #A11684094
Days on Market63
Taxes$179,582 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeSingle Family / Single
Year Built1961
Lot Size0.51 AC / 22,140 SF
CountyMiami-Dade County

Building Information for 520 South Mashta Drive

Stories1Year Built1961Building Size-Lot Size0.51 AC / 22,140 SF

Property Information for 520 South Mashta Drive

Location Information
Location Information
  • Parcel Number Free Text: 24-52-05-009-0170
  • Parcel Number MLX: 0170
  • MLS Area: 52
  • Municipal Code: 24
  • Township Range: 52
  • Section: 5
  • Subdivision Number: 9
  • Subdivision Complex Bldg: MASHTA ISLAND A REPLAT OF
  • Zoning Information: 2001
General Information
Parking
  • Num Garage Spaces: 2
  • Parking Description: Driveway
General Information
  • Front Exposure: East
  • Housing Older Persons Act: No HOPA
  • Property Sq Ft: 22140
  • Lot Description: 1/2 To Less Than 3/4 Acre Lot
  • Waterfront Frontage: 138
  • Water Access: Other
  • Pool: Yes
  • Pool Description: Below Ground Pool
  • Pool Dimensions: -
  • Design: Attached
  • Design Description: One Story
  • Construction: Concrete Block Construction
  • Construction Type: Concrete Block Construction
  • Roof Description: Barrel Roof, Curved/S-Tile Roof
  • Flooring: Tile Floors
  • Floor Description: Tile Floors
Room Information
Room Information
  • Rooms Description: Family Room
  • Bedroom Description: At Least 1 Bedroom Ground Level
Additional Property Information
Utilities
  • Heating Description: Central Heat
  • Cooling Description: Central Cooling
  • Water Description: Municipal Water
  • Sewer Description: Municipal Sewer
Additional Property Information
  • Pets Allowed: Yes
  • Pets Allowed: Yes
  • Pet Restrictions: None
  • Guest Accommodations: No
  • Room Count: 0
  • Interior Features: First Floor Entry, Split Bedroom
  • Equipment Appliances: Other Equipment/Appliances
  • Exterior Features: High Impact Doors
  • Subdivision Information: Other Subdivision - See Remarks
Financial Information
Financial Information
  • Type of Association: None
  • Flood Zone: AE
  • Tax Year: 2023
  • Tax Information: Tax Reflects City & County Tax, Tax Reflects No Exemptions

Property History for 520 South Mashta Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 520 South Mashta Drive

Taxable ValueLand$11,468,520Additions$155,081Total$11,623,601
Tax Record2023$179,582 ($14,965 / month)
Home Facts
Beds3Total Finished SqFt3,085 SqFtAbove Grade Finished SqFt3,085 SqFtStories1Lot Size22,140 SqFtStyleSingle Family ResidenceYear Built1961Year Renovated1971Zoning2001CountyMIAMI-DADEAPN24-5205-009-0170

Schools near 520 South Mashta Drive

This home is within Miami-Dade County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Key Biscayne K-8 Center
PublicPK to 8

Ponce De Leon Middle School
Public6 to 8

Robert Morgan Voc-Tech Institute
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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520 South Mashta Drive is a single family home for sale in Key Biscayne, FL 33149. This property was listed for sale on October 29, 2024 by Douglas Elliman, it's currently listed at $20,000,000. It has been on the market for a total of 63 days and was last sold on February 26, 2024. This listing's school district is Miami-Dade County Public Schools. Nearby schools include Air Base K-8 Center for International Education, Key Biscayne K-8 Center and Ponce De Leon Middle School. 520 South Mashta Drive is a 5-bed, 4-bath, 3,085 sqft single family home built in 1961.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Douglas Elliman; Coldwell Banker Realty

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.