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Anchor Line Realty

Anchor Line Realty specializes in buyer brokerage, real estate sales listings, and long term property management in Key West & the Florida Keys.

Call: (305) 766-6835

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$24,995,000
87895 Old Highway
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
Current Price: $24,995,000
Listing Date: 2025-12-15
Listing Board: Marathon/Lower Keys
Monthly Rent: $24,995,000
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No
Species List: No
Location, Tax & Legal
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
Style: Single Family
Waterfront: Yes
Control Depth: 4
Pool: Yes
Year Built: 2025
Lot SqFt: 89315
Lot Sqft Source: Tax Records
Acres: 0.16
Living Apx SqFt: 9011
SqFt Source: Property Data Card
Total Bedrooms: 5
Full Baths: 5
Half Baths: 3
Total Baths: 8
Rentals Allowed: With Restrictions
Min Rental Days: 7
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Dockage
Dock Length: 80
Dock: Wood
Seawall: Concrete
Specialty Rooms
Guest/Servant Qtrs: Legal
Building Style
Above Flood: Yes
Stilt Column Height: Tall - 10Ft & Over
# Stories: 3 Stories
Vehicle Storage
Car(s): 4+
Pool Info
Heated: Yes
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: August - 21 - 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.


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David Austin, Owner/Broker
Anchor Line Realty, LLC
820 Ashe Street
Key West, FL 33040
www.anchorlinerealty.com
[email protected]
305.766.6835
Member, National Association of Realtors (NAR)
Member, Florida Association of Realtors (FAR)
Member, Key West Association of Realtors (KWAR)