Home > Florida > Tavernier > PEARL CITY > 88835/88845 Old Hwy, Tavernier FL 33070

Single Family Residence for sale in PEARL CITY

88835/88845 Old Hwy, Tavernier FL 33070
List Price:$40,000,000
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Details

8
11
18115 Sq Ft
2025
  • List Price: $40,000,000
  • Description: Single Family Residence
  • City: Tavernier
  • Subdivision: PEARL CITY
  • Annual Tax: $81,311
  • County: Monroe County

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.

Features

Property Features

  • Cooling: Central Air
  • Heating: Central
  • Flooring: Other,Wood
  • Appliances: Dishwasher,Disposal,Dryer,Microwave,Other Equipment/Appliances,Electric Range,Washer
  • Architectural Style: Detached,Two Story,Modern/Contemporary
  • Roof: Metal Roof,Other
  • Livingroom Features: Family Room,Florida Room,Guest House,Other,Workshop
  • Exterior Features: Open Balcony,Open Porch,Patio

Additional Features

  • Accessibility Features: Accessible Elevator Installed,Other Bath Modificat
  • Exterior Features: Built-In Grill,Open Balcony
  • View: Ocean,Direct Ocean
  • Parking: Circular Driveway,Covered,Driveway,Other,Paver Block
  • Pets: Dogs OK
  • Lot: 5 To Less Than 10 Acre Lot
  • 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

Fees, Maintenance & Taxes

  • Tax Annual Amount: $0

School Information

  • County: Monroe County

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