Single Family Residence For Sale

88835/88845 Old Highway, Tavernier, FL 33070

$40,000,000
8 Bedrooms
11 Bathrooms
9,704
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.

Basic Details
Listing Type : For Sale
Price : $40,000,000
Bedrooms : 8
Bathrooms : 11
Half Bathrooms : 3
View : Ocean
Square Footage : 9,704
Full Bathrooms : 8
New Construction Yn : 1
Property Sub Type : Single Family Residence
Field 3132 : Other
Features
: Central Air
: Balcony, Patio, Porch, Open
: Attached, Driveway, Covered, Garage, Circular Driveway, Paver Block
Contemporary
Public Sewer
Central
Other, Wood
Metal, Other
Location
US
FL
Monroe
Tavernier
33070
5940 - Other Florida County
88835/88845 Old Highway, Tavernier, Florida 33070
Extended Details
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)
Built-in Barbecue, Balcony, Barbecue, Outdoor Living Area
Virtual Tour URL
PEARL CITY
05.08.2026
Plantation Key
Plantation Key
Coral Shores
Block
Yes
Cable Available
5-10 Acres
Dryer, Dishwasher, Electric Range, Disposal, Microwave, Washer
Other
3
West
SS
$0
Serhant
Angel Oscar Nicolas
Accessibility Features, Accessible Full Bath, Accessible Elevator Installed
1
18115
Two
Active
2026-05-08
Listed As-Is
2026-05-08T00:00:00Z
2
2
81311
Public
Beaches
Property TypeSingle Family Residence
StatusActive
Listing IDA12015811
Year Built2025
Lot Area311,889
Mortgage Calculator
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Realtyna

Nadereh (Nana) Rezaie, P.A.  Broker Associate, Certified Luxury Home Marketing Specialist™ GUILD™

Nana Rezaie 561-660-1948

Office: 561-660-1948 1400 Corporate Center Way, Second Floor, Wellington, FL 33414 Each office independently owned and operated 561-472-1236 .

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