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
International Inn at 2301 Normandy Isle, Miami Beach (Google Maps)

Miami Beach approves 8-story addition for International Inn

Miami Beach approves 8-story addition for International Inn
Jorge Perez and Jon Paul Perez with Terminal Island (Getty, iStock)

Related gets height increase needed for Terminal Island office project in Miami Beach

Related gets height increase needed for Terminal Island office project in Miami Beach
(Google Maps)

Miami-Dade condo sales and closed dollar volume take a dive at start of year

Miami-Dade condo sales and closed dollar volume take a dive at start of year
535 North County Road (Palm Beach Property Appraiser)

Oceanfront Palm Beach spec mansion hits the market, asking record $140M

Oceanfront Palm Beach spec mansion hits the market, asking record $140M
An exterior of 1835 West 27th Street, Miami Beach (Douglas Elliman)

Venezuelan oil tycoon sells Sunset Islands waterfront mansion for $17M

Venezuelan oil tycoon sells Sunset Islands waterfront mansion for $17M
 Jeff Blau and One Ocean (Getty)

Related Cos. CEO Jeff Blau sells Miami Beach condo

Related Cos. CEO Jeff Blau sells Miami Beach condo
Roger and Sloan Barnett and Palazzo Della Luna (Getty)

Nutrition guru couple pays $17M for Fisher Island condo

Nutrition guru couple pays $17M for Fisher Island condo
Silvia Coltrane and 7300 Collins Avenue (Corcoran, Google Maps, Manolos)

Silvia Coltrane sells Manolo building near Ocean Terrace project in North Beach

Silvia Coltrane sells Manolo building near Ocean Terrace project in North Beach
arrow_forward_ios

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

Loading...