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88835/88845 Old Hwy
Tavernier FL 33070 US

$40,000,000

Active Listing ID A12015811
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8 bed
bath icon
11.00 Bath (8 Full , 3 Half)
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Single Family Residence

$40,000,000

Active Listing ID A12015811
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88835/88845 Old Hwy 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.

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Property Features

  • Facts
  • Property Type: Residential
  • Property Sub-type: Single Family Residence
  • Features
  • Full Bathrooms: 8
  • 1/2 Bathrooms: 3
  • Cooling System: Central Air
  • Exterior Finish: Balcony, Outdoor Grill, Porch, Patio, Security/High Impact Doors
  • Floor Covering: Hardwood, Other, Wood
  • Roof Type: Metal, Other
  • Heating Fuels: Central
  • Additional Features
  • Patio
  • Waterfront

Property

  • propertytype: Residential
  • propertysubtype: Single Family Residence
  • listprice: 40000000
  • unparsedaddress: 88835/88845 Old Hwy
  • postalcity: Tavernier
  • stateorprovince: FL
  • country: US
  • postalcode: 33070
  • bathroomsfull: 8
  • bathroomshalf: 3
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 9704
  • livingareaunits: Square Feet
  • listagentfullname: Angel Nicolas
  • listagentemail: angel@thenicolasgroup.com
  • listagentkey: 3yd-MAORFL-3371634
  • listagentmlsid: 3371634
  • listagentpreferredphone: 3054099093
  • listagentofficephone: 3054099093
  • listofficekey: 3yd-MAORFL-SHTF01
  • listagentstatelicense: 3371634
  • listofficemlsid: SHTF01
  • disclaimer: Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MAORFL
  • yearbuilt: 2025
  • listagenturl: https://serhant.com/
  • countyorparish: Monroe
  • parcelnumber: 00415240-000123
  • appliances: Dishwasher, Dryer, Garbage Disposer, Microwave, Other, Range, Washer
  • cooling: Central Air
  • constructionmaterials: Block, Brick
  • flooring: Hardwood, Other, Wood
  • heating: Central
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Covered, Driveway, Garage, Other
  • roof: Metal, Other
  • view: Ocean
  • waterfrontyn: True
  • interiorfeatures: Built-in Features, Bedroom On Main Level, Breakfast Area, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Second Floor Entry, Entrance Foyer, First Floor Entry, Living/Dining Room, Main Level Primary, Upper Level Primary, Walk-in Closet(s), Elevator, Workshop
  • exteriorfeatures: Balcony, Outdoor Grill, Porch, Patio, Security/High Impact Doors
  • waterfrontfeatures: Ocean Access, Ocean Front, Waterfront
  • architecturalstyle: Contemporary
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • patioandporchfeatures: Patio, Porch
  • accessibilityfeatures: Accessible Elevator Installed
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Serhant Florida LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"angel@thenicolasgroup.com", "ListBrokerageCity":"New York", "ListBrokerageCountry":"US", "ListBrokerageEmail":"hello@serhant.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Serhant Florida LLC", "ListBrokeragePhone":"(646) 480-7665", "ListBrokeragePostalCode":"10012", "ListBrokerageStateOrProvince":"NY", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"372 W Broadway", "ListBrokerageWebsiteUrl":"https://serhant.com/", "ListOfficeAddress1":"3390 Mary Street, Suite 116", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"3531009", "ListOfficeCity":"Coconut Grove", "ListOfficeCountry":"US", "ListOfficeEmail":"helloflorida@serhant.com", "ListOfficePostalCode":"33133", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"Single Family Residence - Contemporary/Modern, Detached, Two Story", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/88835-88845-Old-Hwy_Tavernier_FL_33070_M96946-37660?f=listhub&s=MAORFL&m=A12015811&c=rexren", "MLSModificationTimestamp":"2026-05-08T22:00:41Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Single Family Residence", "RawPropertyType":"Residential", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":81311, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 5/9/2026 4:11:33 AM GMT
Source Updated Date: 5/10/2026 12:36:50 PM GMT

Courtesy of: Angel Nicolas, Serhant, angel@thenicolasgroup.com

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.