
MIAMI REALTORS® MLS1101 Mastic Street, Islamorada, FL 33036
- Beds
- 8
- Baths
- 6
- Sqft
- 3,649
- Home type
- Single Family Residence
- Year built
- 1984
- Lot size
- —
- Price / sqft
- $1,918
- HOA
- $0/mo
- Community
- Strattons Subdivision Pb2-
Property description
Spectacular Bayfront Estate with Guesthouse in the Heart of Islamorada. & 7 Day Rental Potential, Seller Financing Available.Experience luxury coastal living at its finest in this exceptional Gated bayfront estate, ideally situated in the heart of Islamorada. Set on a rare peninsula with over 225 feet of prime waterfront, this property offers unmatched privacy, panoramic views, and direct access to both the Florida Bay and Atlantic Ocean. Seller will consider all reasonable offers.The main residence features 7 spacious bedrooms and 5 beautifully appointed bathrooms designed with both elegance and comfort in mind--perfect for entertaining or hosting large gatherings. A dramatic third-floor Bird's Nest Sky Lounge features 360-degree glass walls and a walkout rooftop deck, capturing breathtaking vistas in every direction. Expansive living areas and thoughtfully designed spaces capture stunning water views from every angle. A whole House Generator for peace of mind.A private 1-bedroom, 1-bathroom guesthouse provides the ideal retreat for visitors, accommodating extended family, or potential rental income or creating a secluded retreat. For boating enthusiasts, the estate includes an impressive 85+ foot deep-water yacht slip and four boat lifts, offering seamless access to both the Bay and Ocean--an unparalleled fishing advantage in the Florida Keys. Step outside to your own waterfront oasis, where a gorgeous heated bayfront pool invites relaxation while you take in breathtaking sunset views and the tranquil surroundings.Blending luxury, comfort, and premier waterfront access, this remarkable estate presents a rare mixed-use opportunity in one of Islamorada's most coveted locations.
Listing activity
- Days on market
- 147
- Listed
- Apr 28, 2026
- MLS listing updated
- Sep 22, 2026
- Feed last checked
- 5 minutes ago
Listed by Tracey E Petrusha · LoKation
Map
Map location is based on MLS-supplied coordinates. Verify the location before relying on it.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms
- 8
- Bathrooms
- 6
- Bathrooms (decimal)
- 6
- Full bathrooms
- 6
Rooms & features
- Rooms
- 4
- Interior features
- Built-in Features, Elevator, Kitchen Island, Pantry, Storage, Walk-In Closet(s)
- Flooring
- Tile
- Appliances
- Gas Water Heater, Dishwasher, Disposal, Dryer, Free-Standing Freezer, Gas Range, Microwave, Refrigerator, Washer
- Fireplace
- Yes
- Fireplace features
- Decorative
Heating & cooling
- Heating
- Central
- Cooling
- Ceiling Fan(s), Central Air, Wall/Window Unit(s), Zoned
Property
Parking
- Garage spaces
- 0
- Carport spaces
- 2
- Carport
- Yes
- Covered spaces
- 2
- Parking features
- Boat Access/Parking, Circular Driveway, Covered, Driveway, Golf Cart Garage, Guest, Paver Block, RV Access/Parking
- Attached garage
- No
Exterior
- Stories
- 2
- Building area
- 24,004 sqft
- Entry level
- 1
- Patio & porch
- Porch - Open, Porch, Patio
- Exterior features
- Lighting
- Fencing
- Fenced
- Other structures
- Outbuilding, Shed(s)
- Pool
- Yes
- Pool features
- In Ground
- View
- Bay, Water
- Waterfront
- Ocean Access, Bay, Rip Rap, Other
- Waterfront property
- Yes
- Spa features
- Heated, In Ground
Lot
- Zoning
- SC Sub Urban Commer
Construction
Type & style
- Home type
- Single Family Residence
- Year built
- 1984
- New construction
- No
Materials
- Construction
- CBS
- Roof
- Concrete
- Property condition
- Resale
- Levels
- Two
- Faces
- Southeast
Utilities & green energy
Utilities
- Sewer
- Public Sewer
- Water
- Public
Community & HOA
Community
- Subdivision
- Strattons Subdivision Pb2-
- MLS area
- 5940 - Other Florida County
- MLS subarea
- Other
- Security
- Smoke Detector(s)
- 55+ community
- Yes
Association
- Has association
- No
- Estimated monthly dues
- $0
- Amenities
- None
Lease details
Not reported by the listing source.
Location
Area details
- City
- Islamorada
- County
- Monroe
- ZIP code
- 33036
Manufactured home details
Not reported by the listing source.
Financial & listing details
Listing
- MLS number
- A12009440
- Possession
- Close Of Escrow, Negotiable
- Original list price
- $8,490,000
- Parcel number
- 00399130000000
- Annual property tax
- $16,657
- Tax year
- 2025
- Tax legal description
- Strattons Subdivision Pb2-38 Ne 10 Ft Lot 10 & All Lot 11 Bk 1 G24-94 G49-592 Or366-6/7 Or397-476Qc Or411-520/23 Or455-6
Additional MLS details
Reported by the listing source
- Association Amenities
- None
- Association
- No
- Bathrooms Total Decimal
- 6
- Bathrooms Total Integer
- 6
- Building Area Total
- 24004
- Construction Materials
- CBS
- County Or Parish
- Monroe
- Days On Market
- 147
- Direction Faces
- Southeast
- Elementary School
- Plantation Key
- High School
- Coral Shores
- List Price
- 6999000
- Listing Contract Date
- 2026-04-28
- Living Area
- 3649
- MLSArea Major
- 5940 - Other Florida County
- MLSArea Minor
- Other
- Mls Status
- Active
- On Market Date
- 2026-04-28
- Patio And Porch Features
- Porch - Open, Porch, Patio
- Photos Count
- 100
- Postal Code
- 33036
- Price Change Timestamp
- 2026-07-21T22:32:36Z
- Property Sub Type
- Single Family Residence
- Property Type
- Residential
- Rooms Total
- 4
- Security Features
- Smoke Detector(s)
- Senior Community
- Yes
- Standard Status
- Active
- State Or Province
- FL
- Status Change Timestamp
- 2026-04-28T04:00:00Z
- Stories Total
- 2
- Subdivision Name
- Strattons Subdivision Pb2-
- Water Source
- Public
- Waterfront Features
- Ocean Access, Bay, Rip Rap, Other
- Tax Annual Amount
- 16657
- Bathrooms Full
- 6
- Pool Private
- Yes
- Bedrooms Total
- 8
- General Property Information: Senior Community
- Yes
Market value
Price history
| Date | Event | Price |
|---|---|---|
| Apr 28, 2026 | ListedMIAMI REALTORS® MLS | $8,490,000$2,327/sqft |
| Jul 21, 2026 | Price reducedMIAMI REALTORS® MLS | $6,999,000$1,918/sqft |
Public tax history
| Year | Property taxes | Assessment |
|---|---|---|
| 2025 | $16,657 | — |
Payment calculator
- Principal & interest
- $36,316
- Property taxes
- $1,388
- Insurance
- $3,500
- Association dues
- $0
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Neighborhood
Area
Strattons Subdivision Pb2-Islamorada · Monroe County · 33036
Climate risk
—No licensed climate-risk source is connected.
Nearby schools
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