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88835 & 88845 Old Highway

Plantation Key, FL 33070
  • $40,000,000
  • STATUS: Active
  • ON SITE: 36 Days
  • MLS #: 619826
UPDATED: 37 min ago
$40,000,000
  • 8
    BEDS
  • 2.05
    ACRES
  • 8
    BATHS
  • 3
    1/2 BATHS
  • 9,704
    SQFT
  • $4,122
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
2022
County:

School Ratings & Info

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.

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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Jamie Engel & The Florida Keys Home Team | Coldwell Banker Schmitt Real Estate Co are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.buyinthekeys.com/homes/176262644
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88835 & 88845 Old Highway Plantation Key, FL 33070

  • Price: $40,000,000
  • Status: Active
  • On Site: 36 Days
  • Updated: 37 min ago
  • MLS #: 619826
8
Beds
8
Baths
3
½ Baths
2.05
Acres
9,704
SQFT
$4,122
$/SQFT
2022
Built
Neighborhood:
Pearl City (89.0)
County:
Monroe
Area:
25 - Plantation Key
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.
Exterior Features

Architectural Style [] Attached Garage YN No Construction Materials CBSConcrete Dock Length 90 Dockage Boat LiftBoat RampBoat SlipBasin Exterior Features Built-in GrillHot TubLightingOutdoor KitchenSandy BeachStorage Garage YN Yes Parking Features Garage Door OpenerOpenStorage Patio And Porch Features Open Porch/Balcony Pool Features Concrete Pool Private YN Yes Roof Metal Roof Vehicle Storage GarageCarportAuto Door OpenerOpen ParkingOff Street ParkingTrailer StorageCovered Parking View [] Waterview Ocean ViewOpen Water View Window Features [] Windows Doors Sliding Glass DoorsImpact Rstnce WindowImpact Rstnce Doors

Interior Features

Accessibility Features [] Appliances More AppliancesWasherDryerDishwasherRefrigeratorRangeOvenMicrowaveDisposalFreezerWine CoolerStainless Steel Appliance(s) Cooling Central AirCeiling Fans(s) Cooling YN Yes Flooring TileWoodMarble Furnished Unfurnished Interior Entrance FoyerBuilt-in CabinetsElevatorSecurity SystemStorageWalk-in Closet(s) Interior Features Built-in CabinetsElevatorSecurity SystemStorageWalk-in Closet(s)Wired for Sound Laundry Features Laundry Room Levels [] Rooms Total 0 Specialty Rooms Laundry RoomUtility RoomWorkshop

Property Features

Above Flood Unknown Association Fee 0 Association Fee Includes None Association YN No Association1st Right Of Refusal No Building Features [] Community Features [] Control Depth 8 Deed Restricts Unknown Electric [] Flood Zone AEAEVEVEAE0.2 P Frontage Type [] Green Energy Generation [] Green Water Conservation [] Land Size 5 Less Than 10 Acres Listing Terms [] Marathon Nbhd N/A Mile Marker 89 Min Rental Days 7 New Construction YN Yes Other Equipment [] Other Structures [] Pets Allowed Yes Pre Wired CableSurround Sound Property Condition New Construction Property Sub Type Single Family Residence Public Sewer Hookup Yes Rental Allowed Yes Security Features [] Special Licenses [] Tax Annual Amount 28698 Tax Legal Description LT 2 PEARL CITY PLANTATION KEY PB2-134 G43-412 G75-103 OR455-470 OR710-894 OR762-729 OR793-1145 OR831-2031 OR921-314 OR9 Tax Year 2025 Title Title Ins - Buyer Utilities Cable Available Utilities Info FKAABuyer to VerifyCable Available Water Source [] Waterfrnt Yes Waterfront OceanfrontOpen Water Waterfront Features [] Waterfront YN Yes Zoning RE - Residential Estate

Listing courtesy of Courtney Conley of Serhant Florida LLC - Coconut Grove: 646-480-7665.


The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Jamie Engel & The Florida Keys Home Team | Coldwell Banker Schmitt Real Estate Co are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
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Jamie Engel & The Florida Keys Home Team | Coldwell Banker Schmitt Real Estate Co
85996 Overseas Highway
Islamorada FL, 33036