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Ernesto Portuondo

ernie@ernieportuondore.com +1(305) 336-8874

Listed by Courtney Conley Serhant Florida LLC - Coconut Grove

$ 40,000,000

Est. payment | -/mo

8 Beds

11 Baths

9,704 SqFt

Save

$ 40,000,000

Est. payment | -/mo

Save

8 Beds

11 Baths

9,704 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 9,704 sqft

Price per Sqft $4,122

Subdivision Pearl City (89.0)

MLS Listing ID 619826

Style Above Flood

Bedrooms 8

Full Baths 8

Half Baths 3

HOA Y/N No

Year Built 2022

Annual Tax Amount $28,698

Tax Year 2025

Lot Size 4.201 Acres

Acres 2.05

Lot Dimensions X

Property Sub-Type Single Family Residence

Land Area 9704

Property Description

A rare dual-offering on coveted Millionaire's Row in Tavernier, this extraordinary oceanfront compound spans over multiple acres across two parcels-delivering an unmatched combination of scale, privacy, and future development flexibility in the Florida Keys. At 88845, a newly constructed 8,200SF estate sets a new standard for modern coastal luxury. Thoughtfully designed for both grand entertaining and private retreat, the residence offers 5 bedrooms, 6 full baths & 2 half baths, complemented by a dedicated office, control room, mudroom, and expansive 3-car garage with climate-controlled workshop. Interior finishes are curated at the highest level, including white diamond marble, teak wood flooring, custom millwork & a vapor fireplace, while a full-home sound system, elevator & advanced mechanical infrastructure provide seamless functionality. The chef's kitchen is equipped with top-tier Wolf, SubZero, & Cove appliances, dual dishwashers, farmhouse sinks, refrigerated drawers, wine storage & custom mahogany countertops-designed to accommodate both everyday living and large-scale entertaining. Outdoor living is equally impressive, anchored by a 120-foot resort-style pool with integrated spa, heating & chilling systems, & full smart control. A fully equipped summer kitchen, cabana bath, & multiple covered terraces create a true waterfront lifestyle experience. With 480 feet of water frontage, the protected basin offers exceptional boating capabilities, including 90 feet of dockage & room to expand, a 20,000lb lift, boat ramp & deep-water access. The adjacent parcel at 88835 provides over 3 acres of additional opportunity featuring a renovated 3-bedroom residence completed in 2022, with a transferable TDR allowing for the development of a substantially larger primary home. The property also includes a buildable lot & natural hammock buffer for added privacy. Together, these two properties present a generational opportunity to own a one of a kind waterfront compound.

Location

State FL

County Monroe

Area 25 - Plantation Key

Zoning RE - Residential Estate

Interior

Interior Features Workshop, Utility Room, Entrance Foyer, Walk-in Closet(s), Built-in Cabinets, Elevator, Security System, Storage, Wired for Sound

Cooling Central Air, Ceiling Fans(s)

Flooring Wood, Tile, Marble

Furnishings Negotiable

Window Features Impact Rstnce Doors,Impact Rstnce Window,Sliding Glass Doors

Appliance Freezer, Dryer, Washer, Dishwasher, Disposal, Microwave, Oven, More Appliances, Wine Cooler, Stainless Steel Appliance(s), Range, Refrigerator

Laundry Laundry Room

Exterior

Exterior Feature Hot Tub, Outdoor Kitchen, Storage, Lighting, Sandy Beach, Built-in Grill

Parking Features Open, Off Street, Covered, Carport, Garage Door Opener

Pool Concrete

Utilities Available Cable Available, FKAA, Buyer To Verify

Waterfront Description Oceanfront, Open Water

Roof Type Metal Roof

Porch Open Porch/Balcony

Garage No

Building

Architectural Style Above Flood

New Construction Yes

Others

HOA Fee Include None

Tax ID 00415240-000000

Pets Allowed Yes

88835 & 88845 Old HWY Plantation Key, FL 33070

Ernesto Portuondo

Key Details

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Interior

Exterior

Building

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88835 & 88845 Old HWY