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New construction
    • Price cut: $501K (5/30)
    $18,999,000

    87429 Old Hwy, Islamorada, FL 33036

    6beds
    6,692sqft
    : 
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    Single Family Residence
    Built in 2022
    2.85 Acres Lot
    $-- Zestimate®
    $2,839/sqft
    $-- HOA

    What's special

    A private sanctuary of coastal sophistication, The Oasis offers two residences spanning 2.85 meticulously landscaped acres with over 400 feet of pristine waterfront and a protected deepwater basin. Designed for elevated living, The Oasis blends resort-style amenities with the privacy and scale of a true Florida Keys compound.The grand porte-cochere entry sets the tone, leading to a single-level main residence with soaring ceilings, white oak floors, and 12' retractable glass walls that frame sweeping ocean views. The chef's kitchen is anchored by a Calacatta marble island, Thermador appliances, and a walk-in pantry, opening to a spacious great room and dining area ideal for entertaining.The main home features four bedrooms, six full bathrooms, and a soundproof theater room. The primary suite is a private retreat with a fireplace, dual walk-in closets, a safe room, and a spa-inspired bath with a steam shower. Each additional bedroom includes an en suite bath, private balcony, and ocean views. A detached guest house offers two additional bedrooms and bathrooms, creating a total of six bedrooms across the estate with endless space for expansion. The summer kitchen, alfresco dining areas, and multiple lounging terraces offer seamless indoor-outdoor living. The deepwater basin accommodates larger vessels and provides quick access to the Atlantic and Bay. Amenities rival a private resort: soundproof theater, fitness center with sauna, golf simulator, and two resort-style pools--each with a spa, sun deck, and outdoor entertaining spaces.Discreetly luxurious and effortlessly livable, The Oasis redefines waterfront living in the Florida Keys. Designed for ultimate security and safety, this home was built to provide unmatched peace of mind. Every element was designed with meticulous attention to detail and an uncompromising commitment to quality. The Oasis is not just a residence--it is a lifestyle statement in one of the Florida Keys' most desirable locations.
    378 days
    |
    1,595
    |
    65
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Walters Luxury Group Gloria, Rachel and Michaela Walters 305-942-6834,

    Ocean Sotheby's International Realty

    Source: FLKMLS,MLS#: 615643MLS LogoOriginating MLS: Florida Keys

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 8
      • Full bathrooms: 8
      Heating
      • Central
      Cooling
      • Central Air, Ceiling Fans(s)
      Appliances
      • Included: Washer, Water Purification, Stainless Steel Appliance(s), Ice Machine, Freezer, Disposal, Water Softener, Microwave, Refrigerator, Dishwasher, Dryer
      • Laundry: Laundry Room
      Features
      • Built-in Cabinets, Quartz Countertops, Tray Ceiling(s), Bar, Walk-In Closet(s), Storage, Entrance Foyer, Pantry, Fireplace(s), Split Bedroom, Cathedral Ceiling(s), Gym, Utility Room, Sauna/Steam Room, Theater Room, Media Room, Sound System
      • Flooring: Tile, Combination, Carpet, Wood
      • Doors: Impact Rstnce Doors
      • Windows: Drapes/Blinds Incl, Window Treatments, Skylight(s), Impact Rstnce Window, Other, Roll Down Electric
      • Has fireplace: Yes
      Interior area
      • Total interior livable area: 6,692 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 4
      • Parking features: Garage, Trailer Storage, Covered, Off Street, Guest, Open, Garage Door Opener, Attached, Carport
      • Has garage: Yes
      • Has carport: Yes
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: No
      Features
      • Levels: Two,Ground Level
      • Stories: 2
      • Patio & porch: Open Porch/Balcony, Deck, Patio
      • Exterior features: Built-in Barbecue, Outdoor Kitchen, Rain Gutters
      • Has private pool: Yes
      • Pool features: In Ground, Decked, Concrete, Salt Water
      • Fencing: Fenced
      • Has view: Yes
      • View description: Ocean, Water
      • Has water view: Yes
      • Water view: Ocean,Water
      • Waterfront features: Oceanfront, Open Water, Waterfront, Seawall: Concrete, Dock: Composite, Dockage: Boat Lift, Basin, Boat Ramp
      Lot
      • Size: 2.85 Acres
      • Features: 2 Less Than 5 Acres
      Details
      • Additional structures: Guest House, Detached Guest Qtrs
      • Parcel number: 00415210000000
      • Zoning: OTH
      • Zoning description: Other Zoning
      • Special conditions: Standard
      • Other equipment: Intercom, Satellite

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • CBS, Concrete
      • Roof: Metal
      Condition
      • New Construction
      • New construction: Yes
      • Year built: 2022

      Utilities & green energy

      • Electric: Elect Separate Meter
      • Sewer: Municipal Sewer, Community Swr Plant, Public Sewer
      • Utilities for property: FKAA, Cable Available, Buyer to Verify

      Community & HOA

      Community
      • Features: Other
      • Security: Smoke Detector(s), Security System, Electric Gate, Central Station Sys, On Premises System
      • Subdivision: Plant Beach (87.5)
      HOA
      • Has HOA: No
      • Services included: None
      Location
      • Region: Islamorada

      Financial & listing details

      • Price per square foot: $2,839/sqft
      • Annual tax amount: $62,705
      • Date on market: 7/1/2025
      • Listing terms: No Seller Finance

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $4,914/mo

        Price history

        DateEventPrice
        5/30/2026Price change$18,999,000-2.6%$2,839/sqft
        Source: Key West AOR #615643 Report a problem
        3/23/2026Price change$19,500,000-9.3%$2,914/sqft
        Source: FLKMLS #615643 Report a problem
        1/31/2026Price change$21,500,000+10.3%$3,213/sqft
        Source: FLKMLS #615643 Report a problem
        7/1/2025Listed for sale$19,495,000-2.5%$2,913/sqft
        Source: Key West AOR #615643 Report a problem
        9/6/2024Listing removed$19,990,000$2,987/sqft
        Source: Key West AOR #607350 Report a problem
        11/8/2023Listed for sale$19,990,000+385.2%$2,987/sqft
        Source: FLKMLS #607350 Report a problem
        9/28/2018Sold$4,120,000+4.3%$616/sqft
        Source: FLKMLS #578775 Report a problem
        6/30/2018Listing removed$3,950,000$590/sqft
        Source: Ocean Sotheby's International Realty #578775 Report a problem
        2/15/2018Listed for sale$3,950,000-12.2%$590/sqft
        Source: Ocean Sotheby's International Realty #578775 Report a problem
        2/28/2017Listing removed$4,500,000$672/sqft
        Source: Ocean Sotheby's International Realty #572237 Report a problem
        11/30/2016Price change$4,500,000-18.2%$672/sqft
        Source: Ocean Sotheby's International Realty #572237 Report a problem
        10/5/2016Listed for sale$5,500,000+278%$822/sqft
        Source: Ocean Sotheby's International Realty #572237 Report a problem
        5/23/2013Sold$1,455,000-27.1%$217/sqft
        Source: FLKMLS #552713 Report a problem
        2/2/2013Price change$1,995,000-9.1%$298/sqft
        Source: CENTURY 21 Schwartz Realty #552713 Report a problem
        12/12/2012Price change$2,195,000-8.5%$328/sqft
        Source: CENTURY 21 Schwartz Realty #552713 Report a problem
        7/27/2012Price change$2,399,000-4%$358/sqft
        Source: CENTURY 21 Schwartz Realty #552713 Report a problem
        2/1/2012Price change$2,499,000-9.1%$373/sqft
        Source: CENTURY 21 Schwartz Realty #552713 Report a problem
        5/13/2011Price change$2,749,000-5.2%$411/sqft
        Source: Keysearch Realty #552713 Report a problem
        6/4/2010Price change$2,900,000-25.6%$433/sqft
        Source: Coldwell Banker Schmitt Real Estate Company #545108 Report a problem
        7/9/2009Price change$3,900,000-11.6%$583/sqft
        Source: Coldwell Banker Schmitt #545108 Report a problem
        10/23/2008Price change$4,410,000-10%$659/sqft
        Source: NCI #545108 Report a problem
        7/21/2008Listed for sale$4,900,000$732/sqft
        Source: NCI #545108 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 33036

        Getting around

        17 / 100
        Car-Dependent
        49 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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