$14,500,000
 $77,839 est/mo Sourced by Back At You

87895 Old Highway,ISLAMORADA, FL 33036

ISLAMORADA, FL 33036

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Description

Brand-New Oceanfront Estate! Completion in approximately 45 days - An opportunity to own new construction in the heart of Islamorada. Introducing a brand-new architectural masterpiece poised along the turquoise shores of the Atlantic Ocean in the prestigious enclave of Plantation Key. Set on over two private acres, this extraordinary estate offers an unparalleled blend of coastal elegance, modern luxury, and serene island living. Boasting over 9,000 sqft of interior space (15,000+ sq ft under roof), this expansive residence features 5 spacious ensuite bedrooms, 5 full bathrooms, and 3 half baths, with thoughtfully designed flex spaces including a fitness room, dedicated office, and a state-of-the-art theater room all of which could convert into additional bedrooms if desired. The open-concept living areas are elevated by Thermador and U-Line appliances, ice makers, and an upgraded package of eco-insulated commercial-grade CGI impact windows and doors, reflecting an added $200K investment for enhanced comfort, efficiency, and style. Enjoy breathtaking ocean views from nearly every room, or step outside to 1,735+ square feet of covered porches, a private pool and jacuzzi, and an 80-foot dock with electric and water hookups, flanked by a 160-foot concrete jetty and a 20K lb boat lift a boater's dream. Additional features include an elevator for seamless access across all levels, dual laundry rooms (one per floor), a concrete retention wall along the shoreline for added protection, and a gated entry ensuring both privacy and a grand arrival. Zoned Residential Estate, the property allows for vacation rental licensing, adding exceptional value for those seeking both a luxurious personal retreat and a strong investment opportunity. With completion just weeks away, this is your chance to secure a custom-built estate in one of the most desirable destinations in the Florida Keys. Experience world-class island livingwhere every sunrise and sunset Pre-Construction Sale: House and Dock Plans on file. Boat ramp will be closed off and sealed with concrete retaining wall. ETA for C/O about Feb or March of 2024. Thermador and Uline Appliances, fixture's, cabinetry, upgraded insulated windows package 200k over allowance, a/c, audio visual equipment package about 183k, have already been ordered. Windows have been received already. Pool ETA about 2 months, dock plans have been approved, includes transfer switch for future generator, power, and water on dock, 20k lift, Do not walk property without appointment listing agent must be present this is a construction site hard hats must be worn.

Details

MLS #606146
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year2023
Days On Site691
Listing Provided ByColdwell Banker Schmitt Real Estate Co. | Samuel Davis Williams

Features

Bed(s)5
Bath(s) 8 Total
SQ Feet9,011
PoolYes
ZoningR1 - Residential Single Family
Acreage0.16
Water FrontYes
Property ViewOpen Water View, Ocean

Taxes

Property2685

Market Activity 33036

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MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Florida Keys Board of Realtors.

The data relating to real estate for sale on this web site come s in part from the Internet Data Exchange program of the Marathon and Lower Keys Association of REALTORS®, Inc. MLS. Real Estate listings held by brokerage firms other than Coldwell Banker Schmitt are marked with the MLS logo and detailed information about them includes the name of the listing broker’s office.

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Learn More About This Property

StateFL
CountyMonroe
CityISLAMORADA
Zip Code33036
Area25 Plantation Key
Community NamePlant Beach (87.5)
Listing VS Median (in Plant Beach (87.5))
Price:
$14,500,000
low | high
Med:
$3,800,000
100% of Average
SqFt:
9,011
low | high
Med:
2,464
100% of Average
$ / SqFt:
$1,609
low | high
Med:
$1,542
54.159762651142% of Average
On site:
691
low | high
Med:
27.000000
100% of Average
Sourced by Back At You
Listing Updated: June 3, 2025 at 2:38:50 AM PDT