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For Sale
Tavernier
Pearl City
88835/88845 Old Hwy

88835/88845 Old Hwy

Pearl City, Tavernier, FL 33070

$40,000,000

8 Bedrooms
8 Bathrooms / 3 Half
9,704 Sqft

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88835/88845 Old Hwy
Pearl City, Tavernier, FL 33070

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98 Florida Keys / Tavernier / FL

Single Family HIGHLIGHTS

Property Type

Single Family
Style

ContemporaryModern, Detached, TwoStory
Year Built

2025
Cooling

Yes - Central Air
Heating

Yes - Central
Stories

2
Views

Yes - Ocean
RE Tax

$81,311

Listing courtesy of Angel Nicolas of Serhant.

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.

88835/88845 Old Hwy

Facts & Features

Acres

7.16 Acres
Area

98 Florida Keys, Other Geographic Area (Out Of Area Only)
Bathrooms (Full)

8
Bathrooms (Half)

3
Bedrooms Total

8
Living Area

9,704 Sqft
Lot Size

311,889 Sqft
MLS #

A12015811

Neighborhood

Other Geographic Area (Out Of Area Only)
Pool Features

Infinity
Property Type

Single Family
Spa

Yes
Spa Features

Heated
Subdivision

Pearl City
Year Built

2025

Waterfront Features

Ocean Access, Ocean Front
Waterfront Listing

Yes

Architectural Style

ContemporaryModern, Detached, TwoStory
Building Area Total

18115
Construction Materials

Brick, Block
Levels

Two

Stories

2
Total Stories

2
Year Built

2025

Community Features

Other
Pets Allowed

Yes
Subdivision

PEARL CITY
Zoning Description

SS

Attached Garage

Yes
Covered Spaces

3
Faces Direction

West
Garage

Yes
Garage Spaces

3
Lot Features

Waterfront

Other Structures

Guest House
Parking Features

Attached, Circular Driveway, Covered, Driveway, Garage, Other, Paver Block
Patio and Porch Features

Patio, Porch
Roof

Metal, Other
View

Yes - Ocean

Annual Taxes

$81,311

Accessibility Features

Accessible Entrance, Accessible Elevator Installed
Appliances

Dryer, Dishwasher, Electric Range, Disposal, Microwave, Other, Washer
Cooling

Yes - Central Air

Flooring

Hardwood, Other, Wood
Heating

Yes - Central
Interior Features

Built-in Features, Entrance Foyer, Walk-In Closet(s), Elevator, Master Downstairs

Sewer

Public Sewer
Utilities

Cable Available
Water Source

Public

Home Price

in US Dollars

Down Payment

Interest Rate

Mortgage Term

Total/Month

Principal & Interest
Property Taxes (monthly) $6,776

*The values provided are approximate. For more precise information, please contact a BHS agent who can offer further assistance.

88835/88845 Old Hwy

Location

Nearby Points of Interest

Marlin Food Stores
Car Fueling Stations, Independent
Forest Tek Lumber True Value
Common Needs, Independent
Island Home Garden Center LLC
Home Improvement, Independent
City Hall Cafe
Restaurants, American
Dixie Alum True Value
Common Needs, Independent

Data courtesy of LocalLogic.co

Neighborhood

Florida Keys

The Florida Keys, a string of islands stretching from Key Largo to Key West, are known for their unique coastal environment and relaxed lifestyle. Connected by the scenic Overseas Highway, the Keys offer easy access to beaches, marinas,...

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88835/88845 Old Hwy

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Information deemed reliable but not guaranteed. Information is provided, in part, by Greater
Miami MLS. This information being provided is for consumer's personal, non-commercial use and may
not be used for any other purpose other than to identify prospective properties consumers may be
interested in purchasing.

This information being provided is for consumer's personal, non-commercial use and may not be
used for any other purpose other than to identify prospective properties consumers may be interested
in purchasing.