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Property Description
Set along prestigious Millionaire's Row in Tavernier, 88835 Old Highway presents a rare waterfront offering spanning over 3 oceanfront acres, plus an additional acre with a protected private boat basin. Blending privacy, expansive land, and future potential, this exceptional property embodies refined coastal living in the Upper Keys. Completed in 2022, the residence features 3 bedrooms, 2 bathrooms, and approximately 1,500 square feet of thoughtfully designed interiors with impact windows and doors, rich hardwood flooring, a steel metal roof, and a designer kitchen outfitted with premium Viking appliances. Outdoor spaces are designed for effortless luxury, featuring shell stone porch flooring, covered parking, lush tropical landscaping, and low-maintenance turf. The estate consists of three separate parcels, including a buildable lot (Lot 1A), the current homesite (Lot 2A), and a natural hammock parcel (Lot 3A) that serves as a permanent privacy buffer, enhancing the property's exclusivity and tranquility. With direct access to a private boat basin and the rare opportunity to create a custom waterfront compound, 88835 Old Highway offers an unmatched combination of immediate enjoyment, development flexibility, and long-term value in one of the Florida Keys' most coveted waterfront enclaves.
Full Property Details
Full Property Details for 88835 Old Hwy
General
- Price: $15,000,000
- Taxes: $51,710 (2025)
- Status: Active
- Type: Single Family
- Source: Greater_Miami
- MLS ID: A12014942
- Updated: Today (5/8/2026)
- Added to Site: Today
Interior
- Interior Features: Built-in Features, Closet Cabinetry, Other
- Appliances: Dishwasher
- Furnishings: Furniture Negotiable
- Flooring: Wood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
- Primary Bathroom: Dual Sinks, Shower Only
Bedrooms
- Total Bedrooms: 3
- Bedroom Features: Entry Level, Other
Other Rooms
- Living Room: Other Sq. Ft.
- Eat-in kitchen: Yes
- Dining Room: Eat-In Kitchen, Family/Dining Combination, Other
Exterior
- Exterior Features: Lighting, Other
- Deck/Patio: Open Porch
Parking
- Carports: Yes
- Carport Spaces: 2
- Covered Spaces: 2
- Parking Features: Attached Carport, Covered, Driveway
Location
- Area: Pearl City
- County: Monroe County
- Subdivision: PEARL CITY
- Building Name: PEARL CITY
- Direction Faces: West
Community
- Community Name: Pearl City
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Municipal Water
Structural Information
- Architectural Style: Attached, One Story
- Structure Type: House
- Detached/Attached: Detached
- Construction: Concrete Block Construction, CBS Construction
- Roof: Metal Roof
- Windows: Clear Impact Glass, Complete Impact Glass
- Building Size: 2115
- Square Feet: 1,504
- Living Area: 1,504 Sq. Ft.
- Year Built: 2022
Lot Features
- Property View: Ocean, Direct Ocean, Other
- Lot Size (Sq. Ft.): 89,298
- Frontage Feet: 240
- Lot Features: 2 To Less Than 3 Acre Lot
- Zoning: SS
Water Features
- Water Front: Yes
- Water Front Desc.: WF/Ocean Access, Ocean Access, Ocean Front
Financial Considerations
- Price Per Sq. Ft.: $9,973.4
- Tax Amount: $51,710
- Tax Year: 2025
- Terms: All Cash, Conventional
Disclosures and Reports
- Legal Description: LT 2 PEARL CITY PLANTATION KEY PB2-134 G43-412 G75-103 OR455-470 OR710-894 OR762-729 OR793-1145 OR831-2031 OR921-314 OR978-346 OR1038-451 OR
- Restrictions: Ok To Lease With Res
- Inclusions: Boatlift, Dock Available, Private Dock, Lift, Other Water Access, Private Dock
- Property ID: 00415240-000000
Listed by Serhant
Get Pre-Approved Today
Schools
Schools serving 88835 Old Hwy
School District:Monroe County School District, Middle Torch Key, FL
| Name | Grades | Distance |
|---|---|---|
Plantation Key School 100 Lake Road, Tavernier, FL 33070 | PK-8 | 1.3 mi |
Coral Shores High School 89901 Old Highway, Tavernier, FL 33070 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 88835 Old Hwy
Date
Details
Price
Change
Source
5/08/2026
Listed
$15,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 88835 Old Hwy
Year
Property Taxes
Change
Tax Assessment
Change
2024
$47,825
—
$9,600,998
-1%
2024
$47,825
20%
$9,692,600
33%
2023
$39,883
74%
$7,266,008
176%
2022
$22,911
12%
$2,630,049
27%
2021
$20,390
14%
$2,062,784
35%
2019
$17,832
-36%
$1,533,247
-35%
2018
$27,715
3%
$2,362,210
-22%
2017
$26,996
-5%
$3,047,876
-12%
2016
$28,537
13%
$3,464,444
95%
2015
$25,310
46%
$1,774,764
10%
2014
$17,303
2%
$1,613,422
9%
2013
$17,041
—
$1,482,005
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 88835 Old Hwy
88835 Old Hwy, Tavernier, FL 33070 (MLS# A12014942) is a Single Family property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 88835 Old Hwy is currently listed for $15,000,000 and was received on May 08, 2026. Want to learn more about 88835 Old Hwy? Do you have questions about finding other Single Family real estate for sale in Tavernier? You can browse all Tavernier real estate or contact a Coldwell Banker agent to request more information.

