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MLS #A12015811 image #0
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.
Current real estate data for Single Family in Tavernier as of Nov 08, 2026
21
Single Family Listed
126
Avg DOM
1,945
Avg $ / SqFt
$5,971,705
Avg List Price
Listing Provided Courtesy of Serhant at 646-480-7665

Property Details

Price:
$40,000,000
MLS #:
A12015811
Status:
Active
Beds:
8
Baths:
9.5
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
PEARL CITY
Neighborhood:
5940otherfloridacounty
Listed Date:
May 8, 2026
Finished Sq Ft:
9,704
Total Sq Ft:
18,115
Lot Size:
13,585,884,840 sqft / 7.16 acres (approx)
Year Built:
2025
ContemporaryWaterfrontOceanviewPoolNewconstruction5940 – Other Florida County5940otherfloridacountyPearl CityPlantation KeyPlantation KeyCoral ShoresOceanPets Allowed

Schools

Elementary School:
Plantation Key
Middle School:
Plantation Key
High School:
Coral Shores

Interior

Appliances
Dishwasher, Disposal, Dryer, Electric Range, Microwave, Washer, Other
Bathrooms
8 Full Bathrooms, 3 Half Bathrooms
Cooling
Central Air
Flooring
Wood, Other
Heating
Central
Interior Features
Built-in Features, Closet Cabinetry, Elevator, Entrance Foyer, Walk-In Closet(s), Other
Levels
Two

Exterior

Accessibility Features
Accessible Elevator Installed, Accessible Full Bath
Architectural Style
Contemporary
Association Amenities
Other
Attached Garage YN
1
Construction Materials
Block, Concrete Block – No Stucco
Covered Spaces
3
Direction Faces
West
Exterior Features
Balcony, Built-in Barbecue
Garage Spaces
3
New Construction YN
1
Parking Features
Attached, Attached Garage, Circular Driveway, Covered, Driveway, Garage, Paver Block
Patio And Porch Features
Porch – Open, Porch, Patio
Roof
Metal, Other
Spa Features
Heated
View
Ocean, Direct Ocean
Waterfront Features
Other, Ocean Access, Ocean

Financial

Tax Year
2025
Taxes
$81,311

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Community

Property Summary

    Located in the PEARL CITY subdivision, 88835/88845 Old Highway Tavernier FL is a Single Family for sale in Tavernier, FL, 33070. It is listed for $40,000,000 and features 8 beds, 10 baths, and has approximately 9,704 square feet of living space, and was originally constructed in 2025. The current price per square foot is $4,122. The average price per square foot for Single Family listings in Tavernier is $1,945. The average listing price for Single Family in Tavernier is $5,971,705. To schedule a showing of MLS#a12015811 at 88835/88845 Old Highway in Tavernier, FL, contact your Trust House Realty agent at 9543362003.

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88835/88845 Old Highway
Tavernier, FL
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