87895 Old Highway, Plantation Key, FL 33036

$24,995,000
Property Type: Residential Bedrooms: 5 Baths: 8 Square Footage: 9,011 Lot Size (sq. ft.): 89,315 Status: Active
Current Price: $24,995,000 List Date: 12/15/2025 Last Modified: 6/12/2026

Description

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.

More Information MLS# 617705

Contract Information

Current Price: $24,995,000 Listing Date: 2025-12-15 Listing Board: Marathon/Lower Keys List Price: $24,995,000 As is Rght to Inspct: Yes Potential Short Sale: No Bank Owned: No Species List: No

Location Tax Legal

Street #: 87895 Street Name: Old Street Suffix: Highway Key/Island: Plantation Key State/Province: FL Zip Code: 33036 County: Monroe Subdivision: Misc Plantation Key (85.0) Area: 25 - Plantation Key

General Property Description

Realtor.COM Type: Residential - Single Family Style: Single Family Waterfront: Yes Control Depth: 4 Pool: Yes Year Built: 2025 Lot SqFt: 89315 Lot Sqft Source: Tax Records Acres: 0.16 Living Apx SqFt: 9011 SqFt Source: Property Data Card Total Bedrooms: 5 Full Baths: 5 Half Baths: 3 Total Baths: 8 Rentals Allowed: With Restrictions Min Rental Days: 7

Status Change Info

Status: Active

Association Info

Mandatory Home Owners Asc: No 1st Right of Refusal: No

Dockage

Dock Length: 80 Dock: Wood Seawall: Concrete

Building Style

Above Flood: Yes Stilt Column Height: Tall - 10Ft & Over Stories: 3 Stories

Vehicle Storage

Car(s): 4+

Specialty Rooms

Guest/Servant Qtrs: Legal

Pool Info

Heated: Yes

Financial Status

Auction: No Bank Owned: No Potential Short Sale: No Standard Sale: Yes

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: Oceanfront Waterview: Ocean View; Open Water View Property Condition: New Construction Vehicle Storage: Carport; Attached; Covered Parking; Guest Parking; Off Street Parking; Open Parking; RV Parking Open; Trailer Storage Furnished: Partially Cooling: Ceiling Fans(s); Central Air Utilities: Elect Separate Meter; FKAA; Municipal Sewer; Propane; Water Separate Meter Interior Features: Elevator; Storage; Walk-in Closet(s) Specialty Rooms: Gym; Laundry Room; Theater Room Appliances: Dishwasher; Dryer; Ice Machine; Microwave; Oven; Range; Refrigerator; Washer Pool Info: In Ground; Concrete Construction: CBS; Concrete Floor: Tile Roof: Concrete Roof Pets: Pets Allowed Neighborhood Feature: Airstrip; Bike Paths Security: Electric Gate Land Size: 2 Less Than 5 Acres
Listing Office: Coldwell Banker Schmitt Real Estate Co.
Last Updated: June - 12 - 2026
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.