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New constructionPrice cut: $1M (8/17)
$14,990,000
6beds
7,590sqft

88351 Old Hwy, Islamorada, FL 33070

6beds
7,590sqft
Single family residence
Built in 2025
2.03 Acres
Attached garage
$1,975 price/sqft

What's special

Oceanfront estateGated entryDiverse fruit-tree groveDouble-height garageMetal roofSummer kitchenPanoramic atlantic exposure

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.

184 days
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2,868
|
133
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Source: FLKMLS,MLS#: 618911MLS Logo
Travel times

Living Room

Kitchen

Primary Bedroom

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#: 618911MLS Logo

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

Price history

DateEventPrice
8/17/2026Price change$14,990,000-6.3%$1,975/sqft
Source: MIAMI #A11974804 Report a problem
3/3/2026Listed for sale$15,990,000-3.1%$2,107/sqft
Source: MIAMI #A11974804 Report a problem
12/17/2025Price change$16,499,000-21.4%$2,174/sqft
Source: FLKMLS #615973 Report a problem
1/28/2025Listed for sale$20,995,000+949.8%$2,766/sqft
Source: FLKMLS #613376 Report a problem
11/10/2021Sold$2,000,000$264/sqft
Source: Public Record Report a problem

Public tax history

YearProperty taxesTax 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
$86,673/mo
Principal & interest
$76430
Property taxes
$10243
More affordability toolsChevron Right

Estimated market value

Not available

Estimated sales range

Not available

$7,422/mo

Climate risks

Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.

Neighborhood: 33070

Nearby schools

Plantation Key School
Grades PK-8 • 1.5 miles
10/10
GreatSchools® Rating
Test Score Rating
9/10
Student Progress Rating
10/10
Coral Shores High School
Grades 9-12 • 1.7 miles
5/10
GreatSchools® Rating
Test Score Rating
6/10
College Readiness Rating
6/10
Student Progress Rating
2/10

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