$18,500,000

520 S Mashta Dr, Key Biscayne FL 33149

80 days on marketPrice reduced $1,400,000 on Oct 23, 2026

Bedrooms
5
Bathrooms
4
Living area
3,085 sqft
Price per sqft
$5,997
Type
Single Family Residence
Year built
1961
Taxes
$201,741/yr
Waterfront
Yes
MLS #
A12071221

About this home

Seize a rare opportunity to create a landmark waterfront estate on one of the largest residential lots in Key Biscayne’s exclusive Mashta Island enclave. Spanning an extraordinary 22,140 square feet, this exceptional property offers 138 feet of pristine water frontage and sweeping open water views, providing an unparalleled setting for a world class residence. Plans by renowned architect, Pablo Corazzini of Vitalini Corazzini Architects, are available to the buyer, offering a thoughtfully conceived vision that takes full advantage of the property’s remarkable scale, premier waterfront setting, and spectacular sunsets. The proposed design creates an extraordinary canvas for sophisticated indoor-outdoor living and entertaining, should the buyer choose to pursue the concept. With its exceptional lot size, expansive water frontage, and coveted Mashta Island address, this is a truly irreplaceable opportunity to create a legacy estate in one of South Florida’s most prestigious waterfront communities.

Estimated subtotal

$16,812/mo

Principal and interestThe current market rate is not available right now. Enter the rate your lender quoted.
Not included
Property taxMLS 2026 annual tax, shown monthly
$16,812
HOANot in the MLS record
Not included

The current market rate is not available right now. Enter the rate your lender quoted.

Estimate. Jumbo and investor loans are often priced differently; verify with your lender. Property tax is the seller's current bill and may be reassessed after purchase. Items marked Not included are not in this total.

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The neighborhood

Key Biscayne, 33149

Listing courtesy of Coldwell Banker Realty

Listing data provided by the Miami Association of Realtors MLS, deemed reliable but not guaranteed.

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