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.
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 Birds 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. Seller will consider all reasonable offers.
For sale
Price cut: $496K (7/21)
$6,999,000
1101 Mastic St, Islamorada, FL 33036
8beds
3,649sqft
Single Family Residence
Built in 1984
0.55 Acres Lot
$-- Zestimate®
$1,918/sqft
$-- HOA
What's special
Gorgeous heated bayfront poolFour boat liftsTranquil surroundingsBreathtaking sunset viewsWhole house generatorPanoramic viewsGated bayfront estate
- 156 days
- 826
- 33
Zillow last checked:
Listing updated:
Listed by:
Tracey E. Petrusha 305-896-1080,
LoKation Real Estate,
Michael Petrusha 954-608-4901,
LoKation Real Estate
Source: FLKMLS,MLS#: 619673
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Has Heating (Unspecified Type)
Cooling
- Central Air, Wall/Window Unit(s), Ceiling Fans(s), Ductless
Appliances
- Included: More Appliances, Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave, Disposal, Freezer, Gas Appliances, Wine Cooler
- Laundry: Laundry Room
Features
- Built-in Features, Elevator, Storage, Walk-in Closet(s), Gym, Loft
- Flooring: Tile
Interior area
- Total structure area: 3,649
- Total interior livable area: 3,649 sqft
Video & virtual tour
Property
Parking
- Parking features: Open, RV Access/Parking, Storage
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Other See Remarks
Features
- Patio & porch: Open Porch/Balcony
- Exterior features: Lighting, Storage
- Has private pool: Yes
- Pool features: In Ground, Concrete
- Fencing: Fenced
- On waterfront: Yes
Lot
- Size: 0.55 Acres
Details
- Additional structures: Shed(s)
- Parcel number: 00399130000000
- Zoning: SC - Sub Urban Commercial District
- Other equipment: Generator, Irrigation Equipment
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- CBS, Concrete
Condition
- Year built: 1984
Utilities & green energy
- Utilities for property: Cable Available
Community & HOA
Community
- Features: Community Boat Ramp, Other
- Security: Security Gate, Other
- Subdivision: Strattons (82.5)
HOA
- Has HOA: No
- Services included: None
Location
- Region: Islamorada
Financial & listing details
- Price per square foot: $1,918/sqft
- Annual tax amount: $16,657
- Date on market: 4/28/2026
- Listing terms: Seller Finance Psble,Cash,Conventional,FHA
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/21/2026 | Price change | $6,999,000-6.6%$1,918/sqft |
Source: | ||
| 6/13/2026 | Price change | $7,495,000-11.7%$2,054/sqft |
Source: | ||
| 4/28/2026 | Listed for sale | $8,490,000$2,327/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment




