88835/88845 Old Hwy, Tavernier, FL 33070

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

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List Price
$40,000,000
MLS#
A12015811
Bedrooms
8
Bathrooms
11
Sq. Ft
9,704
Lot Size
311,889
Subtype
Single Family Residence
County
Monroe
Community
Pearl City
Subdivision
Pearl City
Year Built
2025

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

Front Exposure
West
Pets Allowed
Yes
Status Label
ACTIVE
Boat Service
Boatlift, Dock Available, Other, Private Dock, Dock Available, Lift, Other Water Access, Private Dock
Construction
Concrete Block Construction, Concrete Block With Brick
Cooling
Central Air
Equipment
Dishwasher, Disposal, Dryer, Microwave, Other Equipment/Appliances, Electric Range, Washer
Flooring
Other, Wood
Heating
Central
Lot Description
5 To Less Than 10 Acre Lot
Parking
Circular Driveway, Covered, Driveway, Other, Paver Block
Roof
Metal Roof, Other
Bedroom Description
At Least 1 Bedroom Ground Level, Entry Level, Primary Bedroom Ground Level, Primary Bedroom Upstairs
Special Information
New Construction
Taxes
$81,311
View
Ocean, Direct Ocean
Waterfront
Yes
Roofing
Metal Roof, Other
Price Per Sqft
$4,122
Boat Services
Boatlift, Dock Available, Other, Private Dock, Dock Available, Lift, Other Water Access, Private Dock

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