Waterfront - New Construction
Address
88835 & 88845 Old Highway, Plantation Key, FL
Price
$ 40,000,000
Property Attributes
  • MLS#619826
  • TypeSingle Family
  • Listing Status Active
  • CountyMONROE
  • CityPlantation Key
  • AreaPlantation Key
  • NeighborhoodPearl City
  • Zip33070
  • StyleSingle Family
  • Year Built2022
  • Taxes$ 28698
  • Price$ 40,000,000
  • Bedrooms8
  • Full Bathrooms8
  • Half Bathrooms3
  • Sqr Footage9704
  • Lot Size2.05 Acres
Data Source:
Florida Keys MLS (FLKMLS)
Property Description

A rare dual-offering on coveted Millionaire's Row in Tavernier, this extraordinary oceanfront compound spans over multiple acres across two parcels-delivering an unmatched combination of scale, privacy, and future development flexibility in the Florida Keys. At 88845, a newly constructed 8,200SF estate sets a new standard for modern coastal luxury. Thoughtfully designed for both grand entertaining and private retreat, the residence offers 5 bedrooms, 6 full baths & 2 half baths, complemented by a dedicated office, control room, mudroom, and expansive 3-car garage with climate-controlled workshop. Interior finishes are curated at the highest level, including white diamond marble, teak wood flooring, custom millwork & a vapor fireplace, while a full-home sound system, elevator & advanced mechanical infrastructure provide seamless functionality. The chef's kitchen is equipped with top-tier Wolf, SubZero, & Cove appliances, dual dishwashers, farmhouse sinks, refrigerated drawers, wine storage & custom mahogany countertops-designed to accommodate both everyday living and large-scale entertaining. Outdoor living is equally impressive, anchored by a 120-foot resort-style pool with integrated spa, heating & chilling systems, & full smart control. A fully equipped summer kitchen, cabana bath, & multiple covered terraces create a true waterfront lifestyle experience. With 480 feet of water frontage, the protected basin offers exceptional boating capabilities, including 90 feet of dockage & room to expand, a 20,000lb lift, boat ramp & deep-water access. The adjacent parcel at 88835 provides over 3 acres of additional opportunity featuring a renovated 3-bedroom residence completed in 2022, with a transferable TDR allowing for the development of a substantially larger primary home. The property also includes a buildable lot & natural hammock buffer for added privacy. Together, these two properties present a generational opportunity to own a one of a kind waterfront compound.

Price History
5/8/2026 Listed $40,000,000

General Features

Living Area 9704.00
Construction CBS,Concrete
Utilities FKAA,Cable Available,Buyer to Verify
Roof Metal Roof
Appliances More Appliances,Stainless Steel Appliance(s),Wine Cooler,Freezer,Disposal,Microwave,Oven,Range,Refrigerator,Dishwasher,Dryer,Washer
Flood Zone AE,AE,VE,VE,AE,0.2 P
Zoning RE - Residential Estate
HOA Fee 0.00
Pets Allowed Y/N Pets Allowed
Status Active
Full Baths 8
Half Baths 3
Year Built 2022
Subdivision Pearl City (89.0)
Style Single Family
View Ocean View,Open Water View
Property Type A
Fee Includes None
Acres 2.05
Lot Sqft 183017.00
Rental Allowed Yes
Building Style: Above Flood Unknown
Control Depth 8
Dockage Boat Lift,Basin,Boat Slip,Boat Ramp
Dockage: Dock Length 90
Min Rental Days 7.00

Interior Features

Interior Amenities Entrance Foyer,Built-in Cabinets,Walk-in Closet(s),Storage,Security System,Elevator
Total Units 0.00
Furnished Y/N Negotiable
Flooring Tile,Marble,Wood
Specialty Rooms Laundry Room,Workshop,Utility Room
Pre-Wired Cable,Surround Sound

Exterior Features

Exterior Amenities Built-in Grill,Storage,Sandy Beach,Outdoor Kitchen,Lighting,Hot Tub
Pool Yes
Waterfront Oceanfront,Open Water
Lot Size X
Land Size 5 Less Than 10 Acres
Pool Info Concrete
Porch/Balcony Open Porch/Balcony
Public Sewer Hookup Yes
Side Ocean
Vehicle Storage Garage,Trailer Storage,Covered Parking,Off Street Parking,Open Parking,Auto Door Opener,Carport
Windows/Doors Sliding Glass Doors,Impact Rstnce Window,Impact Rstnce Doors

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 33070

Price
AVG $5.16M
$40M
Taxes
AVG $20,146
$28,698
Year Built
AVG 1989
2022
Visits
AVG 17
152
Data Provided by Inside Real Estate®

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