Newly completed in 2025, this exceptional oceanfront estate is located in the heart of The Florida Keys on the premier ocean side of Islamorada. A gated entry welcomes you through lush tropical landscaping and a diverse fruit-tree grove, setting a private and refined arrival. Set on over 2 usable acres with 210 feet of private sandy beachfront and a protected cove, the residence spans 7,590 square feet of interior living space & 1,736 square feet of exterior living, with an expansive 230-foot dock. Designed for seamless indoor-outdoor living, the home features a dramatic great room with 23-foot ceilings, panoramic Atlantic exposure, and expansive covered terraces with summer kitchen and outdoor dining areas. A 65-foot heated lagoon-style pool with swim-up bar and fire-pit lounge creates a resort-caliber setting. The chef's kitchen is appointed with Sub-Zero, Wolf, and Thermador appliances. Additional highlights include dual primary suites, private orchid garden, lounge & recreation room, elevator, Sonos surround sound, impact windows and doors, metal roof, double-height garage, water-sports storage room and a full home generator. The essence of beachfront living in Islamorada, combining impressive scale and ultimate privacy. ***A contiguous 0.7-acre lot with development rights for an ancillary building with upstairs storage is available separately.
New construction
Price cut: $1M (8/17)
$14,990,000
88351 Old Hwy, Islamorada, FL 33070
6beds
7,590sqft
Single Family Residence
Built in 2025
2.03 Acres Lot
$-- Zestimate®
$1,975/sqft
$-- HOA
What's special
Oceanfront estateGated entryDiverse fruit-tree groveDouble-height garageMetal roofSummer kitchenPanoramic atlantic exposure
- 231 days
- 2,479
- 145
Zillow last checked:
Listing updated:
Listed by:
Jason Zarco 305-975-4061,
Berkshire Hathaway HomeServices EWM Realty,
Esther Percal 305-674-4022,
Berkshire Hathaway HomeServices EWM Realty
Source: FLKMLS,MLS#: 618911
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 9
- Full bathrooms: 9
Heating
- Has Heating (Unspecified Type)
Cooling
- Central Air, Ceiling Fans(s)
Appliances
- Included: More Appliances, Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Disposal, Freezer, Wine Cooler
- Laundry: Laundry Room
Features
- Built-in Features, Elevator, Storage, Walk-in Closet(s), Bar, Quartz Countertops, Wired for Sound, Loft, Media Room
- Flooring: Tile
- Windows: Casement
Interior area
- Total structure area: 7,590
- Total interior livable area: 7,590 sqft
Property
Parking
- Parking features: Attached, Garage Door Opener, Open
- Has attached garage: Yes
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Accessible Doors, Accessible Elevator Installed, Parking
Features
- Patio & porch: Open Porch/Balcony, Deck, Patio, Lanai
- Exterior features: Bar, Fruit Tree(s), Rain Gutters, Lighting, Outdoor Kitchen, Storage
- Has private pool: Yes
- Pool features: In Ground
- Has spa: Yes
- Spa features: Heated
- Fencing: Fenced
- On waterfront: Yes
Lot
- Size: 2.03 Acres
Details
- Parcel number: 00415260000000
- Zoning: RE - Residential Estate
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- CBS
Condition
- New Construction
- New construction: Yes
- Year built: 2025
Utilities & green energy
- Utilities for property: Water Separate Meter, Elect Separate Meter
Community & HOA
Community
- Features: Beach
- Security: Security Gate, Other, Security System
- Subdivision: Pearl City (89.0)
HOA
- Has HOA: No
- Services included: None
Location
- Region: Islamorada
Financial & listing details
- Price per square foot: $1,975/sqft
- Tax assessed value: $9,946,591
- Annual tax amount: $69,865
- Date on market: 8/25/2026
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/17/2026 | Price change | $14,990,000-6.3%$1,975/sqft |
Source:  MIAMI #A11974804 Report a problem | ||
| 3/3/2026 | Listed for sale | $15,990,000-3.1%$2,107/sqft |
Source: MIAMI #A11974804 Report a problem | ||
| 12/17/2025 | Listed for sale | $16,499,000-21.4%$2,174/sqft |
Source:  FLKMLS #615973 Report a problem | ||
| 1/28/2025 | Listed for sale | $20,995,000+949.8%$2,766/sqft |
Source: FLKMLS #613376 Report a problem | ||
| 11/10/2021 | Sold | $2,000,000$264/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $69,866 +138.3% | $6,527,356 +122.6% |
| 2024 | $29,323 +51.4% | $2,932,244 +53.6% |
| 2023 | $19,367 +14.1% | $1,909,268 +10% |
| 2022 | $16,973 -13.7% | $1,735,698 -5.5% |
| 2021 | $19,672 -0.6% | $1,836,956 -0.2% |
| 2020 | $19,788 | $1,840,827 -7.4% |
| 2019 | $19,788 +1.8% | $1,988,099 -0.7% |
| 2018 | $19,439 +4.5% | $2,002,303 -3.5% |
| 2017 | $18,608 +5.6% | $2,074,308 -3.8% |
| 2016 | $17,629 | $2,155,833 +10.6% |
| 2015 | -- | $1,950,039 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 33070
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