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Listings courtesy of Serhant.

Active - House for sale

88835/88845 Old Hwy, Tavernier FL 33070

8 bds|8 bth|9,704 sqft

Facts & features

House Property type
117 days on Beycome
2025 Year built
$4,122 Price/Sqft.
3 car garage Parking

Why you’ll love it

  • Waterfront
  • Renovated
  • Pool

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.

Translating description...

Listed by: Angel Nicolas • 305-409-9093 • Serhant

Co-listed by: Serhant

Source: Miami MLS, MLS#: A12015811 Miami MLS logo

Based on information as of Sep 02, 2026 at 06:39am EDT.

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Affordability

$26,000,000$54,000,000
1%20%
0%90%
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Estimated monthly payment

$209,038/mo

  • Mortgage$202,262
  • Property tax$6,776
  • HOA fee
  • Homeowners insurance
Due at closing$31,800,000
Down payment held in escrow$8,000,000
Closing costs$600,000
beycome credit Est.$800,000

Beycome estimates only. Actual amounts and terms vary by lender and location.

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About Pearl City

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Flood & climate risk

FEMA Flood Zone AE

In a FEMA Special Flood Hazard Area — flood insurance is typically required with a federally-backed mortgage.

More details

Base flood elevation: 9 ft. Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Copyright ©2026. Based on information as of Sep 02, 2026 at 06:39am EDT.

$40,000,000 Listed price

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