$40,000,000
8 bd · 11 ba · 9,704 sq ft · Single Family Residence
88835/88845 Old Hwy, Tavernier FL 33070
For Sale · Active listing
Est. payment $219,818/mo · Mortgage calculator
Listed by Serhant / Angel Nicolas
Contact: 305-409-9093 (listing contact).
Shown through Slice Realty. Requests from this page reach Slice Realty / Propiedad Futura, not the listing agent.
About this home
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.
Facts
- MLS #
- A12015811
- Subdivision
- PEARL CITY
- Property type
- Residential
- Property subtype
- Single Family Residence
- Sq. ft.
- 9,704
- Price per sq. ft.
- $4,122 / sq ft
- Year built
- 2025 (New Construction)
- Days on market
- 29
- County
- Monroe County
- Date listed
- May 8, 2026
- Last updated
- May 15, 2026
Financial considerations
- Taxes
- $81,311 (2025)
Exterior features
- Waterfront
- Yes
- View
- Ocean, Direct Ocean
- Construction
- Concrete Block Construction, Concrete Block With Brick
- Roof
- Metal Roof, Other
- Additional features
- Built-In Grill, Open Balcony
Interior features
- Heating
- Central
- Cooling
- Central Air
- Appliances
- Dishwasher, Disposal, Dryer, Microwave, Other Equipment/Appliances, Electric Range, Washer
- Window features
- Clear Impact Glass, Complete Impact Glass, High Impact Windows, Impact Glass
- Additional features
- First Floor Entry, Second Floor Entry, Built-in Features, Closet Cabinetry, Elevator, Entrance Foyer, Other, Walk-In Closet(s), Family Room, Florida Room, Workshop
Additional features
- Pets allowed
- Dogs OK
- Community
- Other Subdivision - See Remarks
Mortgage calculator
Includes principal and interest, taxes and insurance.
Rate: Freddie Mac 30-year average (2026-10-22). Estimate only.
Local context (our analysis)
Area stats are available for our covered neighborhoods. See neighborhoods.
Source: Southeast Florida MLS (SEFMLS). Last updated May 15, 2026, 4:20 PM ET
Listing data is deemed reliable but is not guaranteed accurate by the MLS. Information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.