Miami Condo Market and Lifestyle Updates
Historic Exotic Harbor Home on the Market for a Record $60 Million

Historic Exotic Harbor Home on the Market for a Record $60 Million

by Sep Niakan | September 25, 2014

A Key Biscayne home has been put on the market for a whopping $60 million. If sellers are successful, the price will set the record for most expensive residential property in the county.

The 12,000 square-foot home was built in the early 1990’s on the old site of the Mashta House. The home is placed on a two-acre property that extends into Biscayne Bay. The home also has its own private harbor, not to mention it looks really cool.

The Mashta House was built by W.J. Matheson in 1917 as an exotic party palace, but was abandoned in the 1930’s after hurricanes damaged the house beyond repair.

Matheson originally purchased around 1,700 acres of property in Key Biscayne, planting mostly fruit and coconut plantations, which quickly became the largest coconut plantation in the world.

After a few years, Matheson built the Mashta House, inspired by the Nile and an Egyptian theme.No one ever lived in the house, but many visited it before its ultimate destruction many years later.



Photo credit: Home  exmiami.orgView

Recent posts

Real Estate News

Monthly Pre-Construction Update - December 2017

by Sep Niakan | January 17, 2018

Taking a cue from the New Year and new beginnings, we saw the condo pre-construction market make three ground breakings this December. After months of silence, there was finally some hustle from developers at Resorts World Miami. Ritz-Carlton...


Cheers to a New Year and New Beginnings…

by Sep Niakan | January 05, 2018

Welcome to the other side of the New Year! The side that’s made up of fresh energy, brand new ideas and a whole 365 days of infinite possibilities.   A lot of people consider January to be the month when the festive season and all its...


Events for a Joyful January in Miami

by Sep Niakan | December 31, 2017

The Holiday season may be over, but the festivities don’t have to stop if you’re in Miami. Take a pick of your favorite music, art, fitness or film festival below and let the merriment continue into January 2018.   Miami Cruise...

Real Estate News

Luxury Miami Condo Report : Nov 2017

by Sep Niakan | December 24, 2017

City and Neighborhood Luxury Condo Reports             Miami Beach Luxury Condo Report                          South Beach Luxury Condo...