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$20,900,000

  • For Sale
  • Active
  • Single Family
  • 5 Beds
  • 6 Full Baths
  • 1 Partial Bath
  • 5,940 Sq. Ft.
  • Updated 14 hours ago
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Discover perfection on coveted Mashta Island...this fully remodeled waterfront estate offers seamless, direct ocean access and mesmerizing views of Smugglers Cove and Biscayne Bay. Designed for ultimate indoor-outdoor living, this 3-level modern and elegant masterpiece features 8,544 SF total of actual area which includes garage and terraces and sits on a 17,012 SF lot with sun-filled contemporary spaces, top finishes, natural light throughout and exceptional craftsmanship. Featuring 5 bedrooms + office which can easily be converted to a 6th bedroom, 6.5 baths, elevator, garage, gym + extra parking, private dock ideal for boaters, summer kitchen, resort-style pool, and a spectacular covered entertainment level... this home is your own private waterfront resort in paradise.

Full Property Details for 481 S Mashta Dr

General

  • Price: $20,900,000
  • Taxes: $84,924 (2024)
  • Status: Active
  • Type: Single Family
  • Source: Greater_Miami
  • MLS ID: A11779615
  • Updated: 1/15/2026
  • Added to Site: 283 day(s) ago

Interior

  • Interior Features: First Floor Entry, Built-in Features, Closet Cabinetry, Elevator, Entrance Foyer, Other, Pantry, Walk-In Closet(s), Den/Library/Office, Family Room, Utility/Laundry In Garage
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Furnishings: Unfurnished
  • Flooring: Ceramic Floor, Wood

Rooms

Bathrooms

  • Total Bathrooms: 7
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Primary Bathroom: Bidet, Dual Sinks, Separate Tub & Shower

Bedrooms

  • Total Bedrooms: 5
  • Bedroom Features: Primary Bedroom Upstairs, Sitting Area - Primary Bedroom

Other Rooms

  • Living Room: Den/Library/Office, Family Sq. Ft.
  • Dining Room: Breakfast Area, Formal Dining
  • Laundry: In Garage

Additional Information

  • Pool: Yes
  • Pool Description: In Ground
  • Equipment: Automatic Garage Door Opener, Elevator

Exterior

  • Exterior Features: Built-In Grill, Open Balcony
  • Deck/Patio: Open Balcony, Open Porch, Patio

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Covered Spaces: 2
  • Parking Features: Covered, Driveway, Paver Block

Location

  • Area: Smugglers Cove
  • County: Miami-Dade County
  • Subdivision: SMUGGLERS COVE
  • Building Name: SMUGGLERS COVE
  • Direction Faces: South

School Information

  • Elementary School: Keybiscayne
  • High School: Mast Academy

Community

  • Community Name: Smugglers Cove
  • Association: Yes
  • Pets Allowed: Yes

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Electric
  • Heating Type: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Municipal Water

Structural Information

  • Architectural Style: Attached, Three Or More Stories
  • Structure Type: House
  • Detached/Attached: Detached
  • Construction: CBS Construction
  • Roof: Barrel Roof
  • Windows: Blinds
  • Entry Location: Foyer
  • Building Size: 8544
  • Square Feet: 5,940
  • Living Area: 5,940 Sq. Ft.
  • Year Built: 2017

Lot Features

  • Property View: Canal, Water
  • Lot Size (Sq. Ft.): 17,012
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Zoning: 2001

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Desc.: Ocean Access, Canal Front, Canal Width 1-80 Feet

Financial Considerations

  • Price Per Sq. Ft.: $3,518.52
  • Tax Amount: $84,924
  • Tax Year: 2024
  • Terms: All Cash, Conventional

Disclosures and Reports

  • Legal Description: 5 55 42 SMUGGLERS COVE PB 78-83 LOT 11 LOT SIZE 17012 SQ FT OR 19428-0237 12/2000 1
  • Restrictions: Ok To Lease
  • Inclusions: Dock Available, Private Dock, Unrestricted Salt Water Access, Private Dock
  • Property ID: 24-52-05-017-0110

Listed by One Sotheby's International Realty

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Listing agents

— 481 S Mashta Dr —

  • One Sotheby's International Realty

  • One Sotheby's International Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 481 S Mashta Dr

School District:Dade County School District
NameGradesDistance
Key Biscayne K-8 Center
150 West McIntyre Street, Key Biscayne, FL 33149
PK-50.6 mi
Ponce De Leon Middle School
5801 Augusto Street, Coral Gables, FL 33146
6-86.6 mi
Coral Gables Senior High School
450 Bird Road, Coral Gables, FL 33146
9-126.7 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 481 S Mashta Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/05/2026
Price Reduced
$20,900,000
-4.04%
MLS
12/03/2025
Price Reduced
$21,780,000
-3.07%
MLS
11/03/2025
Price Reduced
$22,470,000
-5.98%
MLS
9/09/2025
Price Increased
$23,900,000
4.37%
MLS
4/08/2025
Listed
$22,900,000
77004.38%
MLS
12/11/2015
Sold
$29,700
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 481 S Mashta Dr

Year
Property Taxes
Change
Tax Assessment
Change
2024
$86,086
1%
$5,433,777
3%
2023
$84,924
3%
$5,275,512
6%
2021
$82,240
—
$4,972,677
-3%
2022
$81,871
—
$5,121,857
3%
2021
$82,240
—
$4,982,692
—
2019
$81,987
-2%
$4,992,702
-5%
2018
$83,847
—
$5,274,903
1%
2017
$84,120
-11%
$5,246,483
-9%
2016
$95,013
82%
$5,784,876
85%
2015
$52,279
-1%
$3,132,156
1%
2014
$53,071
2%
$3,107,298
1%
2013
$52,057
—
$3,061,378
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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481 S Mashta Drive, Key Biscayne, FL 33149 (MLS# A11779615) is a Single Family property with 5 bedrooms, 6 full bathrooms and 1 partial bathroom. 481 S Mashta Drive is currently listed for $20,900,000 and was received on April 08, 2025. Want to learn more about 481 S Mashta Drive? Do you have questions about finding other Single Family real estate for sale in Key Biscayne? You can browse all Key Biscayne real estate or contact a Coldwell Banker agent to request more information.

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