88835/88845 Old Highway, Tavernier, FL 33070

$40,000,000
8
BD
11
BA
9,704
SqFt

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List Price
$40,000,000
Status
ACTIVE
MLS#
A12015811
New Construction
Yes
Year Built
2025
Levels
Two
Style
Contemporary
Bedrooms
8
Bathrooms
11
Acres
7.16
Living Area
9,704
Subdivision
Pearl City

Property Description

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.

Additional Information

Days on Market
134
Taxes
$81,311
Pets
Yes
Waterfront Desc
Ocean Access, Ocean Front, Other
Interior Features
Built-in Features, Bedroom on Main Level, Breakfast Area, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Elevator, Living/Dining Room, Main Level Primary, Other, Upper Level Primary, Walk-In Closet(s)
Flooring
Other, Wood
Heating
Central
Cooling System Type
Central Air
Sewer
Public Sewer
Water Source
Public
Appliances
Dryer, Dishwasher, Electric Range, Disposal, Microwave, Washer
Exterior Features
Built-in Barbecue, Balcony, Barbecue, Outdoor Living Area
Garage Spaces
3
Elementary School
Plantation Key
Middle School
Plantation Key
High School
Coral Shores

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Listing courtesy of Serhant. Contact: