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.
Overview
Property Type
Residential
Location
88835/88845 Old Hwy, Tavernier, FL 33070
Zoning
SS
MLS ID
A12015811
Listing Last Updated
Property Features & Amenities
Interior
Total Bedrooms
8
Full Bathrooms
8
Half Bathrooms
3
Flooring
Other, Wood
Appliances
Dishwasher, Disposal, Dryer, Microwave, Other Equipment/Appliances, Electric Range, Washer
Other Interior 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
Exterior
Garage Spaces
3.0
Water Source
Municipal Water
Roof
Metal Roof, Other
Lot Features
5 To Less Than 10 Acre Lot
Parking
Circular Driveway, Covered, Driveway, Other, Paver Block
Heat Type
Central
Air Conditioning
Central Air
Sewer
Public Sewer
Disability Features
Accessible Elevator Installed, Other Bath Modificat
Other Exterior Features
Built-In Grill, Open Balcony
Details
Total Area
18,115 Sq.Ft.
Architecture Styles
Detached, Two Story, Modern/Contemporary
Water Frontage
Ocean Access, Ocean Front
View Description
Ocean, Direct Ocean
Financial
Price
$40,000,000
Real Estate Tax
$81,311/yr
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