$20,995,000
NEW CONSTRUCTION

88351 Old Hwy Islamorada, FL 33036

Estimated payment $118,396/month

Total Views 10,125
6 Beds
9 Baths
7,738 Sq Ft
$2,713 Price per Sq Ft

Highlights

  • Ocean Front
  • Dock made with wood
  • New Construction
  • Plantation Key School Rated A-
  • Home Theater
  • 1-minute walk to Indian Key

About This Home

'Tranquility Haven' features the newest construction in Islamorada... completed January 2025! As you enter the gated and fenced sanctuary a long winding driveway leads up to an elevated entrance and convenient 1st floor living access. The 6 bedrooms and 9 bathrooms provide the epitome of coastal living with uninterrupted views of the turquoise waters on the Atlantic Ocean, with serene sunrises, and the gentle symphony of waves as your daily backdrop. Nestled on 210' of private sandy beach, this 2.04ac +/- serene oasis invites you to indulge in 7,738 sf of air-conditioned elegance and 1,800 sf of covered outdoor living designed for relaxation and entertaining. At its heart, a stunning 65' blue lagoon pool with swim-up bar stools, propane fire pit and spacious lounging patio promises unforgettable moments with family and friends.Inside, every detail reflects the designers' mastery, from the chef's kitchen with SubZero, Thermador, and Wolf appliances to the grand living spaces that blend sophistication with comfort. The residence boasts 2 master suites that include double bathrooms and closets! A luxurious feature of the 1st floor master suite is a unique orchid garden and immediate access to the spa and pool patio. The 2nd floor master suite ensures more privacy and the ultimate sunrise horizon view! Much more is revealed as you walk from room to room - a flex room provides for possibilities of fitness, office or guests. A family room designed with home theater technology, a 2 car garage together with a beach-access garage and professionally landscaped grounds is complete with a tropical fruit orchard! Begin each day with golden sunrises and end with starlit skies, all within the embrace of an ocean breeze. Encounter warm Winter days and cool, tranquil Summer nights.

Listing Agent

Patti Stanley

Coldwell Banker Schmitt Islamorada License #0427521 Listed on: 07/29/2025

Coldwell Banker Schmitt Islamorada

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,323

Year Built

  • Built in 2025 | New Construction

Lot Details

  • 2.04 Acre Lot
  • Ocean Front
  • Fenced
  • Fruit Trees
  • Property is zoned RE - Residential Estate

Home Design

  • Metal Roof

Interior Spaces

  • 7,738 Sq Ft Home
  • Wet Bar
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Casement Windows
  • French Doors
  • Sliding Doors
  • Entrance Foyer
  • Home Theater
  • Storage
  • Utility Room
  • Home Gym
  • Tile Flooring
  • Ocean Views

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Wine Cooler
  • Quartz Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • 9 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Impact Glass
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Accessible Home Design

  • Accessible Elevator Installed
  • Handicap Accessible
  • Accessible Doors
  • Accessible Parking

Eco-Friendly Details

  • ENERGY STAR/CFL/LED Lights

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Spa

Outdoor Features

  • Dock made with wood
  • Balcony
  • Patio
  • Outdoor Kitchen
  • Lanai
  • Exterior Lighting
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Hot Water Heating System
  • Separate Meters
  • Propane
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Pearl City Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00415260-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,323

Year Built

Built in 2025 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 4
  • Dockage Dock: Wood
  • Dockage Dock Length: 230
  • Fee Includes: None
  • Handicap Access: Yes
  • Key Island: Plantation Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 88.00
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Ocean
  • State Province: FL
  • Taxes: 29323.15
  • Title: Title Ins - Buyer
  • Vehicle Storage: Garage, Auto Door Opener, Attached
  • Vehicle Storage Cars: 2
  • Year Built: 2025
  • Alternate Key Number: 1511528
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 88426.00
  • Pool Info: In Ground, Concrete
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony, Patio
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 7738.00
  • Pre Wired: Cable, Surround Sound
  • G F Interior Features: LED Lighting
  • Property Condition: New Construction
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Built-in Cabinets, Brazilian Quartzite Countertops, Quartz Countertops, Bar, Window Treatments, Other, Walk-in Closet(s), Storage, Smoke Alarms, Security System, Elevator, Entrance Foyer, Cathedral Ceilings, Wet Bar
  • Total Bathrooms: 9.00
  • Full Bathrooms: 9
  • Appliances: More Appliances, Wine Cooler, Disposal, Oven, Range, Refrigerator, Dishwasher, Dryer, Washer
  • Floor: Tile
  • Specialty Rooms: Gym, Utility Room, Theater Room, Laundry Room
  • Windows/Doors: French Doors, Impact Rstnce Window, Casement, Impact Rstnce Doors, Sliding Glass Doors
  • Total Bedrooms: 6
  • Accessibility Features: Accessible Doors, Parking, Accessible Elevator Installed

Exterior Features

  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Bar, Storage, Outdoor Kitchen, Lanai, Lighting, Hot Tub, Fruit Tree(s), Fencing
  • Roof: Metal Roof
  • Waterview: Ocean View, Open Water View
  • Pool: Yes

Utilities

  • Security: Other
  • Utilities: FKAA, Propane, Elect Separate Meter, Water Separate Meter, Buyer to Verify, Sewer Available
  • Heating: Central, Hot Water, Electric

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE,X,0.2 PCT ANNU
  • Parcel Number: 00415260-000000
  • Land Size: 2 Less Than 5 Acres
  • Acres: 2.04

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2024

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $19,367 $3,719,264 $3,680,348 $38,916
2023 $19,367 $2,246,653 $2,218,527 $28,126
2022 $16,973 $1,735,698 $1,705,701 $29,997
2021 $19,672 $1,836,956 $1,683,405 $153,551
2020 $19,788 $1,840,827 $1,683,405 $157,422
2019 $19,439 $1,988,099 $1,876,643 $111,456
2018 $18,608 $2,002,303 $1,895,224 $107,079
2017 $17,629 $2,074,308 $0 $0
2016 $17,983 $2,155,833 $0 $0
2015 -- $1,950,039 $0 $0
2014 $12,512 $1,052,331 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2025 07/29/25 For Sale $20,995,000 -- $2,713 / Sq Ft
Source: Florida Keys Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $2,000,000 Attorney
Deed -- None Available
Warranty Deed -- --
Source: Public Records

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Source: Florida Keys Board of REALTORS®

MLS Number: 615973

Florida Keys Board of REALTORS®

APN: 00415260-000000