Single Family Residence - Pearl City

88835/88845 Old Hwy, Tavernier, FL 33070
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$40,000,000  Built: 2025
8 bedrooms 8 bathrooms 3 ½ bathrooms
Type of PropertySingle Family Residence
Style of PropertyWF/Pool/Ocean Access
Property Ft²18,115
Living Ft²9,704
Price per Ft²$4,122.01
PetsYes
WaterfrontYes
PoolYes
FurnitureN/A
Property description of Single Family Residence - Pearl City

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.

Exterior Features
Built-In Grill
Open Balcony
Interior Features
First Floor Entry
Second Floor Entry
Built-in Features
Closet Cabinetry
Elevator
Entrance Foyer
Other
Walk-In Closet(s)
Family Room
Florida Room
Workshop
Amenities
Other Subdivision - See Remarks
Equipment/Appliances
Dishwasher
Disposal
Dryer
Microwave
Other Equipment/Appliances
Electric Range
Washer
Property Features
NamePearl City
MLSA12015811
Last Update109 days
ForeclosureN/A
Short SaleN/A
ParkingCircular Driveway, Covered, Driveway, Other, Paver Block
Lot Ft²311,889
Approx. Lot Size 
Balcony/PorchYes
Boat DockYes
Pet RestrictionsDogs OK
Floor Number 
Cooling DescriptionCentral Air
Heating DescriptionCentral
ViewOcean, Direct Ocean
ConstructionConcrete Block Construction, Concrete Block With Brick
Floor TypeOther, Wood
Maintenance Fees 
Association Fees 
Taxes$81,311
Property contact form
Gladys Martinez PA
Gladys Martinez PA305-321-7889954-743-1905gmrealtor7@gmail.com
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MLS Data Source: Miami Association of REALTORS. Copyright SEFMLS © 2026
Listing is a courtesy of Serhant. Office (646-480-7665). Agent (angel@thenicolasgroup.com, 305-409-9093).
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited, is a violation of the terms of use, and may violate federal and state law.

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