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88835/88845 Old Hwy, Tavernier, FL 33070

$40,000,000
  • 88835/88845 Old Hwy, Tavernier, FL 33070 Main Photo

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Active
BEDS8 BATHS8 full 3 partial SQUARE FEET9,704 MLS#A12015811
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONPEARL CITY

Property Description

A rare dual-parcel offering on prestigious Millionaires 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 Hwy | MLS# A12015811

This single family home located at 88835/88845 Old Hwy, Tavernier, FL 33070 is currently listed for sale with an asking price of $40,000,000. This property was built in 2025 and has 8 bedrooms and 8 full and 3 partial baths with 9704 sq. ft. 88835/88845 Old Hwy is located in the PEARL CITY subdivision. Search PEARL CITY real estate on www.realty100.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Central Air
Garage: 3 car attached
Heating: Central
Home Style: Detached, Two Story, Modern/Contemporary
Lot Size: 7.16 Acres
Roof Type: Metal Roof, Other
Taxes: $81,311
Year Built: 2025

Amenities

First Floor Entry
Second Floor Entry
Built-in Features
Closet Cabinetry
Elevator
Entrance Foyer
Other
Walk-In Closet(s)
Family Room
Florida Room
Workshop
Built-In Grill
Open Balcony

Feature Descriptions

Accessibility: Accessible Elevator Installed, Other Bath Modificat
Appliances: Dishwasher, Disposal, Dryer, Microwave, Other Equipment/Appliances, Electric Range, Washer
Community Features: Other Subdivision - See Remarks
Crops Included Y/N: No
Days on Site: 7
Exterior: Concrete Block Construction, Concrete Block With Br
Flooring: Other, Wood
Home Warranty Y/N: No
Lease Considered Y/N: No
Listing Terms: All Cash, Conventional
Lot: 5 To Less Than 10 Acre Lot
Other Equipment: Elevator
Parcel#: 00415240-000000
Parking: Circular Driveway, Covered, Driveway, Other, Paver Block
Parking Notes: Circular Driveway, Covered, Driveway, Other, Paver Blo
Patio/Porch: Open Balcony, Open Porch, Patio
Pets Allowed: Dogs OK
Property Attached Y/N: No
Property Sub-Type: Single Family Residence
Sewer: Public Sewer
Spa: Yes
Special View Info: Ocean, Direct Ocean
Water: Municipal Water
Water Features: Ocean Access, Ocean Front
Window: Clear Impact Glass, Complete Impact Glass, High Impact Windows, Impact Glass

Listed By / Shown By

Listed By

Agency Name: Serhant
Agency Phone: 3054099093

Shown By

Agency Title: Realty 100
Agency Phone: 954-859-2100

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Estimated Payment

$ 107,465.24 per month $89,022.66 Principal & Interest $6,775.92 Property Tax $11,666.67 Homeowner's Insurance

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