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For sale
  • Price cut: $496K (7/21)
    $6,999,000

    1101 Mastic St, Islamorada, FL 33036

    8beds
    3,649sqft
    : 
    $42,769/mo
    Get pre-qualified
    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
    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.
    110 days
    |
    1,232
    |
    29
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Tracey E. Petrusha 305-896-1080,

    Venture Realty Group,

    Michael Petrusha 954-608-4901,

    Venture Realty Group

    Source: FLKMLS,MLS#: 619673MLS Logo

      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

        $7,805/mo

        Price history

        DateEventPrice
        7/21/2026Price change$6,999,000-6.6%$1,918/sqft
        Source: FLKMLS #619673 Report a problem
        6/13/2026Price change$7,495,000-11.7%$2,054/sqft
        Source: Key West AOR #619673 Report a problem
        4/28/2026Listed for sale$8,490,000$2,327/sqft
        Source: MIAMI #A12009440 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 33036

        Getting around

        51 / 100
        Somewhat Walkable
        71 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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