Listing Board: Florida Keys

As is Rght to Inspct: Yes

Current Price: $40,000,000

Listing Date: 2026-05-08

List Price: $40,000,000

City: Tavernier

Mile Marker: 89

Marathon Neighborhood: N/A

Side: Ocean

Flood Zone: AE,AE,VE,VE,AE,0.2 P

Alternate Key #: 1511498

Parcel #: 00415240-000000

Zoning: RE - Residential Estate

Deed Restrictions: Unknown

Legal: 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

Taxes: 28698

Tax Year: 2025

Pub Sewer HkUp: Yes

Street #: 88835

Street Name: & 88845 Old

Street Suffix: Highway

Key/Island: Plantation Key

State/Province: FL

Zip Code: 33070

County: Monroe

Subdivision: Pearl City (89.0)

Area: 25 - Plantation Key

Realtor.COM Type: Residential - Single Family

Waterfront: Yes

Control Depth: 8

Lot Size: X

Lot SqFt: 183017

Pool: Yes

Lot Sqft Source: Property Data Card

Total Units: 0

Acres: 2.05

SqFt Source: Seller

Rentals Allowed: Yes

Min Rental Days: 7

Style: Single Family

Year Built: 2022

Living Apx SqFt: 9704

Total Bedrooms: 8

Full Baths: 8

Half Baths: 3

Total Baths: 11

Remarks – Consumer: 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.

Mandatory Home Owners Asc: No

1st Right of Refusal: No

Association Fee $: 0

None: 1

Dock Length: 90

Basin: 1

Boat Lift: 1

Boat Ramp: 1

Boat Slip: 1

None: 1

Dishwasher: 1

Disposal: 1

Dryer: 1

Freezer: 1

Microwave: 1

More Appliances: 1

Oven: 1

Range: 1

Refrigerator: 1

Stainless Steel Appliance(s): 1

Washer: 1

Wine Cooler: 1

Pets Allowed: 1

Ceiling Fans(s): 1

Central Air: 1

Oceanfront: 1

Open Water: 1

Ocean View: 1

Open Water View: 1

Marble: 1

Tile: 1

Wood: 1

Built-in Cabinets: 1

Elevator: 1

Entrance Foyer: 1

Security System: 1

Storage: 1

Walk-in Closet(s): 1

New Construction: 1

Laundry Room: 1

Utility Room: 1

Workshop: 1

Above Flood: Unknown

Impact Rstnce Doors: 1

Impact Rstnce Window: 1

Sliding Glass Doors: 1

Carport: 1

Covered Parking: 1

Garage: 1

Open Parking: 1

Auto Door Opener: 1

Off Street Parking: 1

Trailer Storage: 1

CBS: 1

Concrete: 1

5 Less Than 10 Acres: 1

Negotiable: 1

Buyer to Verify: 1

Cable Available: 1

FKAA: 1

Open Porch/Balcony: 1

Title Ins - Buyer: 1

Built-in Grill: 1

Hot Tub: 1

Lighting: 1

Outdoor Kitchen: 1

Sandy Beach: 1

Storage: 1

Concrete: 1

Cable: 1

Surround Sound: 1

Metal Roof: 1

Status: Active