$24,995,000
Plantation Key, FL 33036
MLS# 617705
5 beds | 8 baths | 9011 sqft

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Property Description
Newly completed private oceanfront estate on 2+ acres in Plantation Key, offering an extraordinary combination of scale, privacy, dockage, and resort-style living in the heart of the Florida Keys. Designed for luxury coastal living, entertaining, and extended stays, this exceptional estate features over 9,000 sq. ft. of interior living space and more than 15,000 sq. ft. under roof. Set behind a gated entry, the residence offers 5 ensuite bedrooms, 5 full baths, 3 half baths, multiple flex spaces, an elevator, expansive covered porches, and seamless indoor-outdoor living. Additional luxury spaces include an in-home theater, private gym, and a massive office overlooking the ocean, all of which could easily serve as additional bedrooms, creating the potential for an 8-bedroom layout. The outdoor spaces are designed to showcase the Atlantic Ocean setting, with a resort-style pool, jacuzzi, generous lounging areas, and sweeping oceanfront views. Boaters will appreciate the 80-ft dock, 20,000 lb boat lift, and 160-ft jetty, creating outstanding access for enjoying the Keys lifestyle. With vacation rental zoning, the property also offers investment flexibility for those seeking personal use, income potential, or a legacy estate. Private oceanfront acreage of this scale is increasingly rare in the Upper Keys, making 87895 Old Hwy a standout opportunity for the buyer seeking a newly completed Florida Keys estate with privacy, presence, flexible living space, and exceptional waterfront amenities.
Details
Maps
Contract Information
Listing Board: Marathon/Lower Keys
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No
Species List: No
Current Price: $24,995,000
Listing Date: 2025-12-15
List Price: $24,995,000
Location, Tax & Legal
City: ISLAMORADA
Off Shore Island: No
Mile Marker: 85
Marathon Neighborhood: N/A
Side: Ocean
Flood Zone: VE-14
Alternate Key #: 1510491
Parcel #: 00415060-000000
Zoning: R1 - Residential Single Family
Deed Restrictions: Unknown
Legal: SWLY 100 FT & LONG ISLAND BAY BTM OF TR G PLANTATION BEACH PB2-76 PLANTATION KEY
Taxes: 46665.15
Tax Year: 2024
Pub Sewer HkUp: Yes
Street #: 87895
Street Name: Old
Street Suffix: Highway
Key/Island: Plantation Key
State/Province: FL
Zip Code: 33036
County: Monroe
Subdivision: Misc Plantation Key (85.0)
Area: 25 - Plantation Key
General Property Description
Realtor.COM Type: Residential - Single Family
Waterfront: Yes
Control Depth: 4
Lot SqFt: 89315
Pool: Yes
Lot Sqft Source: Tax Records
Acres: 0.16
SqFt Source: Property Data Card
Rentals Allowed: With Restrictions
Min Rental Days: 7
Style: Single Family
Year Built: 2025
Living Apx SqFt: 9011
Total Bedrooms: 5
Full Baths: 5
Half Baths: 3
Total Baths: 8
Remarks & Misc
Remarks – Consumer: Newly completed private oceanfront estate on 2+ acres in Plantation Key, offering an extraordinary combination of scale, privacy, dockage, and resort-style living in the heart of the Florida Keys. Designed for luxury coastal living, entertaining, and extended stays, this exceptional estate features over 9,000 sq. ft. of interior living space and more than 15,000 sq. ft. under roof. Set behind a gated entry, the residence offers 5 ensuite bedrooms, 5 full baths, 3 half baths, multiple flex spaces, an elevator, expansive covered porches, and seamless indoor-outdoor living. Additional luxury spaces include an in-home theater, private gym, and a massive office overlooking the ocean, all of which could easily serve as additional bedrooms, creating the potential for an 8-bedroom layout. The outdoor spaces are designed to showcase the Atlantic Ocean setting, with a resort-style pool, jacuzzi, generous lounging areas, and sweeping oceanfront views. Boaters will appreciate the 80-ft dock, 20,000 lb boat lift, and 160-ft jetty, creating outstanding access for enjoying the Keys lifestyle. With vacation rental zoning, the property also offers investment flexibility for those seeking personal use, income potential, or a legacy estate. Private oceanfront acreage of this scale is increasingly rare in the Upper Keys, making 87895 Old Hwy a standout opportunity for the buyer seeking a newly completed Florida Keys estate with privacy, presence, flexible living space, and exceptional waterfront amenities.
Directions: US1 south turn oceanside onto Plantation Blvd by Lyndhold Roofing. First right onto Old Highway, Property is 2nd driveway on your left after that. Large sign with rendering in front of secured gate
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Association Fee $: 0
Fee Includes
None: 1
Dockage
Dock Length: 80
Dock: Wood
Seawall: Concrete
Tax Exemptions
None: 1
Appliances
Dishwasher: 1
Dryer: 1
Ice Machine: 1
Microwave: 1
Oven: 1
Range: 1
Refrigerator: 1
Washer: 1
Pets
Pets Allowed: 1
Cooling
Ceiling Fans(s): 1
Central Air: 1
Waterfront
Oceanfront: 1
Waterview
Ocean View: 1
Open Water View: 1
Floor
Tile: 1
Neighborhood Feature
Airstrip: 1
Bike Paths: 1
Interior Features
Elevator: 1
Storage: 1
Walk-in Closet(s): 1
Property Condition
New Construction: 1
Specialty Rooms
Guest/Servant Qtrs: Legal
Gym: 1
Laundry Room: 1
Theater Room: 1
Building Style
Above Flood: Yes
Stilt Column Height: Tall - 10Ft & Over
Stories: 3 Stories
Windows/Doors
Impact Rstnce Doors: 1
Impact Rstnce Window: 1
Vehicle Storage
Car(s): 4+
Carport: 1
Covered Parking: 1
Guest Parking: 1
Open Parking: 1
RV Parking Open: 1
Attached: 1
Off Street Parking: 1
Trailer Storage: 1
Security
Electric Gate: 1
Construction
CBS: 1
Concrete: 1
Land Size
2 Less Than 5 Acres: 1
Furnished
Partially: 1
Utilities
Elect Separate Meter: 1
FKAA: 1
Municipal Sewer: 1
Propane: 1
Water Separate Meter: 1
Porch/Balcony
Open Porch/Balcony: 1
Patio: 1
Pool Info
In Ground: 1
Heated: Yes
Concrete: 1
Roof
Concrete Roof: 1
Financial Status
Auction: No
Bank Owned: No
Potential Short Sale: No
Standard Sale: Yes
Status Change Info
Status: Active
Property Features
Fee Includes: None
Tax Exemptions: None
Waterfront: Oceanfront
Waterview: Ocean View; Open Water View
Property Condition: New Construction
Vehicle Storage: Carport; Attached; Covered Parking; Guest Parking; Off Street Parking; Open Parking; RV Parking Open; Trailer Storage
Furnished: Partially
Cooling: Ceiling Fans(s); Central Air
Utilities: Elect Separate Meter; FKAA; Municipal Sewer; Propane; Water Separate Meter
Interior Features: Elevator; Storage; Walk-in Closet(s)
Specialty Rooms: Gym; Laundry Room; Theater Room
Appliances: Dishwasher; Dryer; Ice Machine; Microwave; Oven; Range; Refrigerator; Washer
Pool Info: In Ground; Concrete
Construction: CBS; Concrete
Floor: Tile
Roof: Concrete Roof
Pets: Pets Allowed
Neighborhood Feature: Airstrip; Bike Paths
Security: Electric Gate
Land Size: 2 Less Than 5 Acres
Listing Office: Coldwell Banker Schmitt Real Estate Co.
Last Updated: June - 12 - 2026
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.