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
Days on Market
81
MLS#
A12015811
Bedrooms
8
Full Bathrooms
8
Half Bathrooms
3
Sq. Ft
9,704
Subtype
Single Family Residence
County
Monroe
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

Garage Spaces
3
Pets Allowed
Dogs OK, Yes
Construction
Block
Cooling
Central Air
Equipment
Other
Flooring
Other, Wood
Heating
Central
Restrict
SeeRemarks
Roof
Metal, Other
Taxes
$81,311
Utilities
Cable Available
View
Ocean
Private Pool
Yes
Amenities
Other
Waterfront
Ocean Access, Ocean Front, Other
Stories
2
Acres
7.16
Price Per Sqft
$4,122
Elementary School
Plantation Key
Middle School
Plantation Key
High School
Coral Shores

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All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.


Agent: Angel Oscar Nicolas | Email: angel@thenicolasgroup.com