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
82
MLS#
A12015811
New Construction
Yes
Year Built
2025
Bedrooms
8
Bathrooms
11
Baths Half
3
Living Area
9,704
Acres
7.16
MLS Area Major
5940 - Other Florida County

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

Taxes
$81,311
Property Description
Contemporary
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)
Appliances
Dryer, Dishwasher, Electric Range, Disposal, Microwave, Washer
Utilities
Cable Available
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Block
Roof
Metal, Other
Garage Spaces
3
Elementary School
Plantation Key
Middle School
Plantation Key
High School
Coral Shores

Listing courtesy of Serhant. Contact:

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