A non-waterfront home on Key Biscayne’s exclusive Mashta Island has sold for $7.3 million, setting an all-time record price-per-square-foot of $1,728 PSF as well as a land value record. Located at 730 N Mashta Drive, the recently listed home was sold in just 4 months by agent Joan Bruggink with ONE Sotheby’s International Realty.
Read MoreGENCOM RETAKES MAJORITY OWNERSHIP IN RITZ-CARLTON KEY BISCAYNE RESORT IN MIAMI
Affiliates of Gencom, an international owner, developer and manager of hospitality and residential properties, has retaken majority ownership in the 291-key Ritz-Carlton Key Biscayne. The transaction was financed by Citigroup and affiliates of KSL Capital Partners, LLC for an undisclosed amount.
Read MoreALTARA Properties Oversees Leasing Of Key Biscayne’s “Miami Vice” Estate On Mashta Island For $100,000 Per Month
ALTARA Properties has successfully overseen the leasing of 400 S Mashta Drive on Key Biscayne which was featured in “Miami Vice” for $100,000 per month. The transaction was brokered by Scott Lawrence Porter of ALTARA Properties and Nile Lundgren of SERHANT who represented the tenant and by Brigitte De Langeron of Fortune International Realty Key Biscayne Inc. who represented the landlord.
Read MoreMaster Brokers Forum Listing: Check Out An Ultra-Luxe Oceanfront Condo At Oceana Key Biscayne Asking $11 Million
Master Brokers Forum: Master Brokers Forum board member Joelle Oiknine presents this ultra-luxe oceanfront condo in Oceana Key Biscayne. The residence features direct ocean and bay views from this oversized southeast corner residence with 3,791 SF of interior space and 2,070 SF of wraparound terrace.
Read MoreStep Inside An Exquisite Mansion In The Sky Penthouse Which Just Hit The Market In Key Biscayne's Grand Bay
This mega-condo, essentially a waterfront mansion in the sky at the luxurious Grand Bay community of Key Biscayne. The meticulously finished residence offers 5 bedrooms and 4 bathrooms with 1 powder room, all spread over 5,634 SF; along with a 245 SF studio located downstairs included in the package.
Read MoreEWM's Riley Smith and Maria Loughlin Close Record Sale At Oceana Key Biscayne
Last week EWM Realty International’s Riley Smith and Maria Loughlin of The Riley Smith Group announced the record breaking sale of Oceana Key Biscayne NO. 1101S for $7,350,000, the most expensive condo residence sold on Key Biscayne since 2015 (November 17, 2017). The unit spans 4,080 SF spread over 4 bedrooms, 7 full bathrooms and 1 half-bath.
Read MoreFeatured Listing: Check-Out the Oceanfront Condo In Oceana Key Biscayne That Will Accept Bitcoin
An oceanfront residence at Oceana Key Biscayne is making waves after hitting the market for $5.95 million after the list agent announced that the seller is willing to accept Bitcoin. The list price equates out to roughly 934 bitcoins. Unit 702S is a 4 bedroom, 5.5 bathroom unit spread over 3,603 SF.
Read MoreFeatured Listing: Video Tour of Buena Vista Estate in Key Biscayne Listed for $33 Million
960 Harbor Drive in Key Biscayne, also known as Buena Vista, has dropped their asking price from $36 million to $33 million. The 1.4 acre estate features a 14,739 SF main house with over 720 feet of water front. It also features a 16-seat movie theater, tennis court, basketball court, saltwater pool and spa, private beach and multiple docks. The home is currently listed for $33 million with The Nash Group and The Keyes Company. Enjoy the video tour below.
Tour the Luxurious, New, Updated The Ritz-Carlton on Key Biscayne
There is nothing on Key Biscayne like the new, redesigned Ritz-Carlton Key Biscayne. The recently updated beachfront hotel has seen changes to the lobby, amenities, restaurants and all 450 guest rooms. The renovation took place over multiple phases. For amenities, a new signature restaurant by Executive Chef Raul A. Del Pozo known has Lightkeepers will offer guests modern-coastal fare with local flavors and craft cocktails. Guest rooms will get updates from Wimberly Interiors and the hotel will even roll-out The Ritz-Carlton Suite, 2-bedroom suite style layouts with stunning ocean views. The Ritz-Carlton Key Biscayne also features 2 swimming pools, secluded white sand beach, luxurious spa, tennis center and complimentary yoga and cycling classes.
“We are thrilled to unveil the re-imagination of our beloved island oasis. We are excited to usher in this new chapter for the resort by inspiring our guests to rest, relax, and refresh,” said Mark Ferland, General Manager of The Ritz-Carlton Key Biscayne.
Featured Listing: Key Biscayne Harbor Point Mansion Listed for $21 Million
7 Harbor Point is a stunning, Modern Island Fusion style estate on the exclusive Harbor Point street of Key Biscayne. The mansion is 10,776 SF of living area spread over 7 bedrooms with 9 full-bathrooms and 1 half-bath. The home also features a modern, open layout complete with a bar, double height atrium, and an outdoor entertainment area complete with a two-story cabana, infinity pool deck and a private dock. The home was originally listed for $25 million in 2014, but the price has now been dropped to $21 million, which rings in around $1,949 SF. Listing and photos by Jonathan Matos of Douglas Elliman Real Estate.