House for Sale
$14,490,000
4 bd · 6 ba · 6,661 sqft
161 Cape Florida Drive, Key Biscayne, FL 33149
CAPE FLORIDA SUB SEC 3
Key Biscayne, FL 33149 · MLS# A12071221 · Active · MASHTA ISLAND A REPLAT OF
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.
School assignments are provided by the listing and should be independently verified.
Estimate only — actual rates, taxes and insurance vary. Not a loan offer or financial advice. Financing through Matthew Gromadzki, NMLS #2560919 · Innovative Mortgage Services, Inc., NMLS #250769.
520 S Mashta Dr, Key Biscayne, FL 33149 · See all Key Biscayne homes for sale
House for Sale
$14,490,000
4 bd · 6 ba · 6,661 sqft
CAPE FLORIDA SUB SEC 3
House for Sale
$18,500,000
4 bd · 4.5 ba · 2,255 sqft
House for Sale
$16,800,000
4 bd · 4 ba · 3,620 sqft
MASHTA ISLAND
House for Sale
$16,500,000
6 bd · 7 ba · 7,103 sqft
CAPE FLORIDA SUB SEC 3
House for Sale
$25,900,000
4 bd · 4 ba · 2,566 sqft
TROPICAL ISLE HOMES SUB 4
House for Sale
$19,950,000
6 bd · 7 ba · 6,208 sqft
CAPE FLA SUB SEC 2
House for Sale
$19,800,000
4 bd · 9 ba · 8,240 sqft
CAPE FLORIDA SUB SEC 3
520 S Mashta Dr is a single family home for sale in Key Biscayne, FL 33149. This property was listed for sale on August 12, 2026 by Coldwell Banker Realty, it's currently listed at $19,900,000. This listing's school district is Miami-Dade County Public Schools. Nearby schools include Keybiscayne, Ponce De Leon and Coral Gables. 520 S Mashta Dr is a 5-bed, 4-bath, 3,085 sqft single family home built in 1961.