305-609-4190
1101 Mastic Street, Islamorada FL 33036
Active Single Family Residence Waterfront

1101 Mastic Street, Islamorada FL 33036

Islamorada, FL, 33036

$6,999,000

Est. $35,391/mo (20% down)

8
Beds
6
Baths
3,649
Sq Ft
1984
Year Built
—
Lot Sq Ft
—
Garage

Photo Gallery (100 photos)

About This Property

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.

Property Details

MLS #

A12009440

Status

Active

Property Type

Residential

Sub Type

Single Family Residence

Year Built

1984

Days on Market

170

Pool

No

Waterfront

Yes

Price / Sq Ft

$1,918

HOA Fee

None

Est. Insurance

$2,333/mo

Tax Year

2025

Tax Amount

$16,657

Garage

—

Lot Size

—

MLS Area

Strattons Subdivision Pb2-

Subdivision

Strattons Subdivision Pb2-

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Flood Zone & Insurance

Flood zone data not available for this listing. Check FEMA directly

Investment Analysis

$48,993
Est. Monthly Rent
1.5%
Cap Rate
7.3%
Cash-on-Cash
$101,917
Net Operating Income

ROI Projections (4% Annual Appreciation)

145%
5-Year ROI
Value: $8,515,354
313%
10-Year ROI
Value: $10,360,230
510%
15-Year ROI
Value: $12,604,804

Estimates based on area averages. Actual returns may vary. Consult a financial advisor.

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