Mathieu Massa’s Record-Breaking Sunset Island Waterfront Estate Sale
Real estate and hospitality visionary Mathieu Massa, founder and CEO of Massa Investment Group and Mr. Hospitality Miami, which owns Queen Miami Beach, has once again redefined luxury real estate in South Florida. He recently made headlines with the successful sale of a prime waterfront property located at 1826 W 23 ST in Miami Beach’s prestigious Sunset Island neighborhood. The sale set a historic record, fetching an impressive $5,218 per square foot.
Fast and Smooth Transaction
The 6,132-square-foot residential property was listed by Dina Goldentayer and Julian Cohen from Douglas Elliman at $36,000,000.00 and sold on November 17th, 2023, for $32,000,000.00. Remarkably, the property sold just six weeks after the listing agreement was signed, representing an 11.11% discount on the asking price. The undisclosed buyer closed cash within ten business days after getting under contract. Marko Gojanovic and Reid Heidenry from One Sotheby’s International Realty represented the buyer in this transaction.
Unparalleled Luxury in Sunset Islands
1826 W 23 St is a prime example of picturesque luxury in Miami Beach. Nestled within the sought-after Sunset Islands neighborhood—a haven for Miami’s elite real estate connoisseurs—the residence radiates magnificence at every turn.
In April 2014, Mathieu Massa, through 1826 W 23 ST LLC, an entity he controlled, acquired the land for $5,750,000.00 and embarked on an ambitious project. With the help of acclaimed architect Cesar Molina of CMA Design Studio and interior designers Dunagan & Diverio Design Group, Massa developed one of the first contemporary Indonesian-style residential properties in the city. The residence features unparalleled opulence and class, showcasing Massa’s versatile talents and expertise in European elegance and sophistication.
Exceptional Features and Amenities
The single-family dwelling stands atop natural honed limestone and oak flooring, surrounded by rich millwork embracing the fireplace room, an elegant dining area with a wine cellar, and an office overlooking a tranquil koi pond amidst floating gardens. The modern masterpiece boasts seven suites, including a guest pavilion, and offers stunning water vistas and a backdrop of the Southwest Downtown skyline.
Additional amenities include an expansive kitchen with luxurious leathered marble and a private prep area, outdoor entertaining spaces such as a covered TV lounge, a sleek knife-edged pool, an inviting bar, a summer kitchen, and 75 feet of waterfront access leading to the ocean. The residence also features an elevator, a privacy gate, and a sophisticated smart Savant system, defining luxury and sophistication in today’s real estate landscape.
Commitment to Excellence
The recently sold property exemplifies Massa Investment Group’s commitment to excellence, representing a seamless fusion of refinement, innovation, and superior craftsmanship. Last month, Massa and interior designer Carlos Rodriguez of Escala Forma, who recently refurbished 1826 W 23 ST before it was listed, won the 2023 prestigious award of Best Restaurant & Bar Design award in the world for Queen Miami Beach, a Japanese Steak House located at the Historic Paris Theater on 550 Washington Avenue in Miami Beach.
In conclusion, the record-breaking sale of 1826 W 23 ST in Miami Beach further establishes Mathieu Massa as an industry leader and demonstrates the continued growth and demand for luxury real estate in South Florida.