88835/88845 Old Hwy

Single Family Home

88835/88845 Old Hwy

$40,000,000

88835/88845 Old Hwy, Tavernier, FL, 33070

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LIST PRICE$40,000,000
BEDROOMS8
BATHROOMS9.5
HOUSE sq ft9,704
LOT sq ft311,889

Take a closer look

HOA: request current costs · Last reported tax: $81,311/yr

Estimate monthly payment, including HOA and taxes

Monthly Payment

$239,458/mo

Principal & interest$212,682
Property taxfrom listing$6,776
Homeowners insuranceestimate$20,000

$8,000,000 down

Principal & interest is exact for these inputs. Tax and HOA come from the listing; rate, insurance are editable estimates. Not a loan offer.

Overview

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.

Property Details

$40,000,000
Property Type
Residential
Subtype
Single Family Residence
Year Built
2025
Status
Active
MLS #
A12015811
Living Area
9,704 sq ft
$/Sq Ft (Living)
$4,122
Lot Size
311,889 sq ft
$/Sq Ft (Lot)
$128
Annual Taxes
$81,311
Days on Market
29

Notable Features

WaterfrontScenic ViewsLarge LotNew Construction

Location Scores

Location

88835/88845 Old Hwy, Tavernier, FL, 33070