87895 Old Hwy , Islamorada, FL 33036
$24,995,000
- 5
- beds
- 5 full · 3 half
- baths
- 9,011
- sqft
- 2025
- year built
$24,995,000
87895 Old Hwy , Islamorada, FL 33036
- 5
- beds
- 5 full · 3 half
- baths
- 9,011
- sqft
- 2025
- year built
- Status:
- Active
- MLS #:
- 617705
- Neighborhood:
- Misc Plantation Key (85.0)
- County:
- Monroe
- Listed By:
- Samuel Davis Williams - Coldwell Banker Schmitt Real Estate Co.
- Agent Phone:
- (305) 289-6559
- Agent Email:
- swilliams@samdwilliams.com
Sponsoring Broker: Derek Eisenberg, Continental Real Estate Group, Inc
Newly completed private oceanfront estate on 2+ acres in Plantation Key, offering an extraordinary combination of scale, privacy, dockage, and resort-style living in the heart of the Florida Keys. Designed for luxury coastal living, entertaining, and extended stays, this exceptional estate features over 9,000 sq. ft. of interior living space and more than 15,000 sq. ft. under roof. Set behind a gated entry, the residence offers 5 ensuite bedrooms, 5 full baths, 3 half baths, multiple flex spaces, an elevator, expansive covered porches, and seamless indoor-outdoor living. Additional luxury spaces include an in-home theater, private gym, and a massive office overlooking the ocean, all of which could easily serve as additional bedrooms, creating the potential for an 8-bedroom layout. The outdoor spaces are designed to showcase the Atlantic Ocean setting, with a resort-style pool, jacuzzi, generous lounging areas, and sweeping oceanfront views. Boaters will appreciate the 80-ft dock, 20,000 lb boat lift, and 160-ft jetty, creating outstanding access for enjoying the Keys lifestyle. With vacation rental zoning, the property also offers investment flexibility for those seeking personal use, income potential, or a legacy estate. Private oceanfront acreage of this scale is increasingly rare in the Upper Keys, making 87895 Old Hwy a standout opportunity for the buyer seeking a newly completed Florida Keys estate with privacy, presence, flexible living space, and exceptional waterfront amenities.
Highlights
- Residential
- Single Family Residence
- New Construction
- Built in 2025
- 2.05 Acre Lot
- Waterfront
- 331 days on Market
-
- Bedrooms
- 5
-
- Bathrooms
- 5 full · 3 half
-
- Year Built
- 2025
-
- Construction Materials
- Concrete
-
- Parking Features
- Attached, RV Access/Parking, Open, Covered, Carport, Off Street, Storage, Guest
-
- Interior Features
- Walk-In Closet(s), Storage, Elevator
-
- Appliances
- Dryer, Dishwasher, Microwave, Refrigerator, Washer, Range, Oven, Ice Maker
-
- Flooring
- Tile
-
- Furnished
- Partially
-
- Patio And Porch
- Patio, Porch
-
- Pool Features
- In Ground
-
- Security Features
- Security Gate
-
- Cooling
- Ceiling Fan(s), Central Air
-
- Acres
- 2.05
-
- Water Front Features
- Ocean Front
-
- Water Front
- Yes
-
- View
- Ocean
-
- Utilities
- Propane
-
- Area
- 25 - Plantation Key
-
- County
- Monroe
-
- City
- Islamorada
-
- Neighborhood
- Misc Plantation Key (85.0)
-
- Zip Code
- 33036
-
Nearby Schools
-
49out of 100
-
74out of 100
-
53out of 100
-
98out of 100
-
56out of 100
-
54out of 100
-
52out of 100
Disclaimer: ez Home Search School Ratings are on a scale of 1-100 and represent our evaluation of school quality based on academic performance, school resources, community feedback, and demographic factors. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.
-
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Price History
| 12/14/2025 | Listed | $24,995,000 |
| Source: Florida Keys Board of REALTORS #617705 | ||
| 12/06/2021 | Sold | $7,000,000 |
| Source: Florida Keys Board of REALTORS #596148 | ||
| 06/03/2021 | Listed | $7,000,000 |
| Source: Florida Keys Board of REALTORS #596148 | ||
| 12/03/2021 | Sold | $7,000,000 |
| Source: MIAMI REALTORS MLS #A11045068 | ||
| 05/19/2021 | Listed | $7,000,000 |
| Source: MIAMI REALTORS MLS #A11045068 | ||
| 10/17/2020 | Sold | $1,500,000 |
| Source: Florida Keys Board of REALTORS #593023 | ||
| 10/16/2020 | Listed | $1,500,000 |
| Source: Florida Keys Board of REALTORS #593023 | ||
Source: MLS Data
Deed History
| 12/06/2021 | Warranty Deed | $7,000,000 |
| 10/16/2020 | Warranty Deed | $375,000 |
| 10/16/2020 | Warranty Deed | $375,000 |
| 10/16/2020 | Warranty Deed | $375,000 |
| 10/16/2020 | Intrafamily Transfer - Transaction is between related parties for any reason & no consideration. | $0 |
Source: Public records via Constellation Data Labs
Mortgage History
| 07/22/2025 | Coventional | $3,500,000 |
| 12/06/2021 | Commercial | $3,500,000 |
Source: Public records via Constellation Data Labs
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Frequently Asked Questions
How do I schedule a tour of 87895 Old Hwy?
We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 87895 Old Hwy.
They know residentials in the area well and can give you the guidance you need to buy with confidence.
How do I get more information about 87895 Old Hwy?
Click Ask a Question to talk with our team. You already know it is a 5 bed, 5 bath, listed for $24,995,000. We can talk through recent upgrades, potential seller motivation, how this single family residence compares to others in Islamorada, and can even get you in to see the property quickly.
How do I get a virtual tour of 87895 Old Hwy?
Yes! A virtual tour is available for 87895 Old Hwy. Click here to view the full walkthrough and explore every room at your own pace. If you would like a guided virtual showing or have questions along the way, we can connect you with our local expert to walk you through it live.
How much is the monthly mortgage payment for 87895 Old Hwy?
With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 87895 Old Hwy at around $146,129. This includes estimated property taxes and insurance.
Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.
How do I get pre-approved to buy 87895 Old Hwy?
Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.
Or, let us connect you with our preferred local lender in Monroe County. They will give you all of your available financing options, based on your specific situation and what is available to you.
Can I negotiate the asking price for 87895 Old Hwy?
In most cases, yes. Whether 87895 Old Hwy is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Islamorada's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.
How do I make an offer on 87895 Old Hwy?
We can handle that for you. Our preferred local agent specializes in residentials in Islamorada and can guide you through every step of the offer process.
You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.
What is the price per square foot for this home?
This home is listed at $24,995,000 with 9,011 sqft of space—that comes out to approximately $2,774 per square foot.
How long has this property been on the market?
87895 Old Hwy was listed on December 14, 2025, which means it's been on the market for 331 days.
Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.
When was this house built?
This home was built in 2025, making it approximately 1 years old.
What is the lot size of this property?
87895 Old Hwy sits on a 2.05-acre lot, which is 89,298 square feet.
What are the property taxes for 87895 Old Hwy?
The most recent public record shows annual property taxes for 87895 Old Hwy were approximately $46,665. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.
Is 87895 Old Hwy still available for sale?
Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.
Source: ez Home Search, MLS Data
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IDX information is provided exclusively for consumers’ personal, non-commercial use, that it 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 MLS. Copyright 2026 Florida Keys Board of REALTORS®, Inc.