8-Bed Single Family Residence at PEARL CITY in Tavernier

$40,000,000

Brickellsold Estimate* (fallback: list price)$40,000,000 (list price)
For Sale
bedrooms

8

bathrooms

8

Square Footage

9704

Type of Property

Single Family Residence, Residential

Details

Overview

Sub Type
Single Family Residence
Price Per Sqft
$4,122/sqft
Built In
2025
Taxes
$81,311/yr

Description

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.

This single family residence home located at 88835/88845 Old Hwy, Tavernier FL 33070 is currently for sale and has been available on Brickellsold for 29 days. This property is listed at $40M. It has 8 beds, 8 bathrooms, and is 9704 square feet. It was built in 2025. 88835/88845 Old Hwy, Tavernier FL 33070 is in Tavernier county Monroe County.

Interior

Bedrooms
8
Bathrooms
11
Bathrooms Full
8
Features
  • Flooring: Other, Wood
  • Common walls with other units/homes: Detached, Two Story, Modern/Contemporary
Heating
Central
Cooling
Central Air
Appliances
Dishwasher, Disposal, Dryer, Microwave, Other Equipment/Appliances, Electric Range, Washer
Total structure area
18,115
Total interior livable area
9,704 sqft

Property

Parking
  • Covered Spaces: 3
  • Parking Features: Circular Driveway,Covered,Driveway,Other,Paver Block
  • Garage Spaces: 3
Parcel Number
00415240-000000
Features
  • Entry location: First Floor Entry, Second Floor Entry, Built-in Features, Closet Cabinetry, Elevator, Entrance Foyer, Other, Walk-In Closet(s), Family Room, Florida Room, Workshop
  • Exterior Features: Built-In Grill, Open Balcony
  • Has View: Yes
  • View Description: Ocean, Direct Ocean

Construction

Property subtype
Single Family Residence, Residential
Materials
Concrete Block Construction, Concrete Block With Brick
Condition
  • New Construction: Yes
  • Year Built: 2025

Community & HOA

Community
  • Security Features:
  • Subdivision: PEARL CITY
HOA
  • Amenities:
Region
Tavernier

Financial

Price Per Sqft
$4,122/sqft
Taxes
$81,311/yr
On Market Date
5/7/2026
Listing Terms
All Cash, Conventional

Metadata

Added
5/8/2026
Updated
6/6/2026
MLS#
A12015811
Days on Market
29
Listed By
Serhant
Originating MLS
A-Miami Association of REALTORS

Map

Price History

EventPriceDate
Original list price$40,000,000May 8, 2026

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