88835/88845 Old Hwy Tavernier, FL $ 40,000,000
88835/88845 Old Hwy
$ 40,000,000
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88835/88845 Old Hwy

Tavernier, FL, 33070
$ 40,000,000
Bedrooms8 Baths8.3 Sq 9,704

Monthly Estimate*

$ 246,287

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Single Family Home for sale in Tavernier, FL

for $40,000,000 with 8 bedrooms and 8 full baths, 3 half baths. This 9,704 square foot home was built in 2025.

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.

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Single Family Active

Price

$ 40,000,000

Bedrooms

8

Full Bath

8

Half Bath

3

Property Type

Single Family

Taxes

$ 81,311

Style

Year Built

2025

Town/City

Tavernier

County/Region

Monroe

MLS | Web ID

A12015811

Features
General
Sewer PublicSewer
Heating Central
Cooling CentralAir
Utilities CableAvailable
Possession ClosingAndFunding
Roof Metal Other
Appliances Dryer Dishwasher ElectricRange Disposal Microwave Other Washer
Garage Spaces 3
Patio/Porch Features Balcony Open Patio Porch
Architectural Style ContemporaryModern Detached TwoStory
Pool Features Infinity Pool
Restrictions SeeRemarks
Construction Materials Brick Block
Pets Allowed DogsOk Yes
Year Built 2025
View Ocean
Stories Count 2
Levels Two
Property Subtype SingleFamilyResidence
Tax Year 2025
Waterfront Features OceanAccess OceanFront
Community Features Other SeeRemarks
Accessibility AccessibleElevatorInstalled Other
County Monroe
Property Type Residential
Attached Garage true
Subdivision Name PEARL CITY
Facing Direction West
Garage Y/N true
Other Structures GuestHouse
Total Rooms 0
Full Baths 8
Special Listing Conditions ListedAsIs
Status Active
City Tavernier
Senior Community Y/N false
Zoning Description SS
MLS Area 98 Florida Keys
Lot Size Units SquareFeet
Lot Size Square Feet 311889
Listing Terms Cash Conventional
Spa Features Heated
Year Built Details New Construction
Tax Annual Amount 81311
MLS Area Minor Other Geographic Area (Out Of Area Only)
Lease Considered Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12015811
Standard Status Active
Occupancy Type CallAgent
Property Sub Type Additional SingleFamilyResidence
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
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Interior
Interior Amenities BuiltInFeatures BedroomOnMainLevel BreakfastArea ClosetCabinetry DiningArea SeparateFormalDiningRoom SecondFloorEntry EntranceFoyer FirstFloorEntry LivingDiningRoom MainLevelPrimary UpperLevelPrimary WalkInClosets Elevator Workshop
Flooring Hardwood Other Wood
Air Conditioning Y/N true
Heating Y/N true
Window Features ImpactGlass
Half Baths 3
Total Bedrooms 8
Total Baths 11
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Exterior
Exterior Amenities Balcony OutdoorGrill Porch Patio SecurityHighImpactDoors
Parking Features Attached CircularDriveway Covered Driveway Garage Other PaverBlock
Lot Features FiveToTenAcres
Water Source Public
Lot Size Area 311889
Spa true
Building Area Total 18115
Frontage Length 480
Waterfront Y/N true
Covered Spaces 3
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* Excluded Features
List By
Serhant

Broker

angel@thenicolasgroup.com

Email

Affordability Calculator

$253,063
Per Month
97%
3%
0%
Monthly Principal & Interest
$246,287
Monthly Property Taxes
$6,776
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/8/2026$40,000,000 Listed Price

Map


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88835/88845 Old Hwy, Tavernier, FL, 33070 is a Single Family Home for sale at $40,000,000 with 9,704 sqft. 88835/88845 Old Hwy has 8 bedrooms, 8.3 baths, and was built in 2025. The property's zip code is 33070 which is in Tavernier, FL