Spec home builder Mathieu Massa sells Miami Beach home

Massa paid $3M for the property in 2014 and later built two houses

Miami /
Jul.July 19, 2019 03:00 PM
4510 Prairie Avenue, Julian Johnston and Mathieu Massa

4510 Prairie Avenue, Julian Johnston and Mathieu Massa

Spec home builder and French restaurateur Mathieu Massa sold a waterfront home in Miami Beach’s Nautilus neighborhood for $7 million.

Massa’s 4528 Prairie LLC sold the six-bedroom, 6,291-square-foot house at 4510 Prairie Avenue, according to a press release. Massa Construction Group built the house, which was designed by Choeff Levy Fischman.

It hit the market in 2017 for nearly $8 million. Julian Johnston of Calibre International Realty represented Massa.

The two-story home features interiors by Dunagan Diverio Design Group; European oak and stone floors; designer lighting and a Lutron control system; an outdoor kitchen and dining area; lounge space and a pool.

The $7 million sale marks a record for waterfront homes on the Biscayne Waterway in Mid-Beach, according to Johnston. He declined to comment on the buyer.

Property records show Massa paid $3 million for the two lots at 4510 and 4528 Prairie Avenue in 2014. He built a spec home on the second lot in 2018, which is on the market for $7.75 million.

He also developed the spec home at 1826 West 23rd Street, which hit the market in 2017 for nearly $18 million.

Massa also owns Mr. Hospitality, which runs Baoli Miami, Marion in Brickell and El Tucan. He’s an heir to a family that founded a large tire company in Europe which eventually sold to Continental Tire of Germany in 2011, according to Massa Investment’s website.


Related Articles

arrow_forward_ios
Craig Robins and Jackie Soffer with 2511 Lake Avenue
Jackie Soffer and Craig Robins ask $45M for waterfront Miami Beach mansion
Jackie Soffer and Craig Robins ask $45M for waterfront Miami Beach mansion
From left: Rockstar Energy's Russell Weiner, Richard Meruelo, and Maria Meruelo along with 5101 Pine Tree Drive in Miami Beach (Getty, Google Maps, Coldwell Banker)
Divorce, foreclosure and an $18M offer: Inside the saga on Pine Tree Drive
Divorce, foreclosure and an $18M offer: Inside the saga on Pine Tree Drive
Treo Construction's Ricardo Halfen and 422 Golden Beach Drive
Homebuilder sells waterfront Golden Beach spec house for $15M
Homebuilder sells waterfront Golden Beach spec house for $15M
Arte Surfside at 8955 Collins Avenue
Arte Surfside closing tops Miami-Dade weekly condo sales
Arte Surfside closing tops Miami-Dade weekly condo sales
Alex Sapir and Yanina Sapir
How real estate’s rich live: Alex Sapir’s wife seeks $175K/month in divorce
How real estate’s rich live: Alex Sapir’s wife seeks $175K/month in divorce
Z Capital’s James Zenni Jr. with Carillon Miami Wellness Resort at 6801 Collins Avenue
Carillon Miami Beach condo owners win suit over Z Capital’s “dictatorship”
Carillon Miami Beach condo owners win suit over Z Capital’s “dictatorship”
Alex and Yanina Sapir, the Venetian Islands and the motion
Alex Sapir secretly attempted to sell Miami Beach home amid divorce, wife alleges
Alex Sapir secretly attempted to sell Miami Beach home amid divorce, wife alleges
Palazzo Della Luna at 6800 Fisher Island Drive in Miami Beach
Palazzo Della Luna closing tops Miami-Dade weekly condo sales
Palazzo Della Luna closing tops Miami-Dade weekly condo sales
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...