Home in 88835/88845 Old Highway, Tavernier, FL 33070 for sale with MLS# A12015811
A rare dual-parcel offering on prestigious Millionaire's Row in Tavernier, 88835 and 88845 Old Highway present an extraordinary opportunity to own one of the Upper Keys' most expansive and versatile oceanfront compounds. Spanning multiple acres with 480 feet of waterfrontage, the property combines exceptional privacy, premier boating access, and remarkable future development potential. At 88845 Old Highway, a newly constructed 8,200 SF modern estate showcases 5 bedrooms, 6 full baths, 2 half baths, designer finishes, smart-home technology, a resort-style 120-foot pool, and a protected basin with dockage, boat lift, and deep-water access. Complementing the main estate, the adjacent parcel at 88835 Old Highway encompasses over 3 additional acres and introduces a rare layer of flexibility and long-term value. The property includes a renovated 3-bedroom residence completed in 2022, a transferable TDR allowing for the future construction of a substantially larger primary residence, an additional buildable lot, and a lush natural hammock buffer that enhances privacy and exclusivity. Together, this exceptional compound delivers an unmatched blend of luxury living, investment potential, and future flexibility in one of the Florida Keys' most coveted waterfront settings.
88835/88845 Old Highway, Tavernier, FL 33070
- Price:
- $40,000,000.00
- Original List Price:
- $40,000,000.00
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Residential
- Property Type:
- Single Family House
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- May 8, 2026 4:00 am
- Other Special Conditions:
- Sold As-is
- Bedrooms:
- 8
- Bathrooms Total:
- 11
- Full Bath:
- 8
- Half Bath:
- 3
- Room Type:
- Florida Room, Other, Family Room, Workshop
- Rooms Total:
- 4
- Master Bedroom Bath:
- Master Bdrm - Upstairs, Master Bdrm - Ground, Bedroom On Entry Level
- Dining Area:
- Formal Dining, Dining/Living Room, Breakfast Area
- Living Area:
- 9,704 Sqft
- Built-Up Area:
- 18,115 Sqft
- Lot Size Acres:
- 7.16
- View from the Property:
- Ocean, Direct Ocean
- Waterfront:
- Yes
- Waterfront Features:
- Ocean Access, Ocean Front, Other
- Frontage Length:
- 480
- Private Pool
- Spa
- Spa Features:
- Heated
- Accessibility:
- Accessible Elevator Installed, Accessible Full Bath
- Appliances:
- Dryer, Dishwasher, Disposal, Microwave, Washer, Other, Electric Range
- Interior:
- Walk-In Closet(s), Closet Cabinetry, Entrance Foyer, Built-in Features, Other, Elevator
- Exterior:
- Balcony, Built-in Barbecue
- Patio and Porch:
- Patio, Porch, Porch - Open
- Air Conditioning
- Air Conditioning System:
- Central Air
- Heating
- Heating System:
- Central
- Boat and Dock Features:
- Private Dock, Lift
- Property Entrance Faces:
- West
- Other Equipment:
- Other
- Balcony Details:
- Balcony - Open
- Storm Protection Impact Glass:
- Complete
- Year Built:
- 2025
- Roof:
- Other, Metal
- Architectural Style:
- Contemporary
- Levels:
- Two
- Construction Materials:
- Block, Concrete Block - No Stucco
- Flooring:
- Wood, Other
- Number of stories:
- 2
- Flood Zone Code:
- AE,VE,X
- Property Condition:
- New Construction
- Tax Annual Amount:
- $81,311.00
- Tax Year:
- 2025
- Property Tax Details:
- Tax Reflects No Exemptions
- Garage
- Garage Spaces:
- 3
- Covered Spaces:
- 3
- Parking Features:
- Driveway, Garage, Attached, Covered, Circular Driveway, Paver Block, Attached Garage
- Sewer:
- Public Sewer
- Utilities Available:
- Cable Available
- Water Source:
- Public
- Pets Allowed?:
- Yes, Dogs Ok
- Amenities Provided by the Homeowner's Association (HOA):
- Other
- Subdivision Name:
- PEARL CITY
- Senior Community:
- No
- Restrictions:
- See Remarks
- Community Dock
- Listing Terms Considered by Seller:
- Cash, Conventional
- Buyer Possession:
- Negotiable
- Tax Legal Description:
- LT 2 PEARL CITY PLANTATION KEY PB2-134 G43-412 G75-103 OR455-470 OR710-894 OR762-729 OR793-1145 OR831-2031 OR921-314 OR978-346 OR1038-451 OR
- Real Estate Folio Number (Parcel Number):
- 00415240000000
- Zoning:
- SS
- Elementary School:
- Lewis Anna Woodbury Elementary
- High School:
- Coral Shores
- Middle Or Junior School:
- Plantation Key
- Active on the market since:
- May 8, 2026
- Listing Agreement executed on:
- May 8, 2026
- Listing Status Last Changed On:
- May 8, 2026 4:00 am
- Photos updated on:
- May 15, 2026 8:21 pm
- Last Modified:
- May 31, 2026 9:07 pm
- Courtesy of:
- Serhant
- Attribution:
- Not provided
- Street Name:
- Old
- Street Number:
- 88835/88845
- City:
- Tavernier
- State:
- Florida
- Zip Code:
- 33070
- County:
- Monroe
- Latitude:
- N24° 58' 27.6''
- Longitude:
- W81° 26' 55''
- Street Suffix:
- Highway
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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
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