$42,000,000

88041 Old Hwy Islamorada, FL 33036

Estimated payment $230,598/month

Total Views 17,358
6 Beds
9 Baths
9,843 Sq Ft
$4,267 Price per Sq Ft

Highlights

  • Ocean Front
  • Beach
  • Dock made with wood
  • Plantation Key School Rated A-
  • Detached Guest House
  • 1-minute walk to Indian Key

About This Home

An exquisite masterpiece of coastal luxury crafted by visionaries to create the ultimate secluded paradise. This architectural gem, designed by the renowned Siskind architects Bruce Carlson and Steve Siskind, offers an extraordinary lifestyle in an over five-acre waterfront oasis. Raymond Jungles' landscape mastery frames the canvas, while Sam Robin's interior magic awaits within. Experience approximately 11,000 sq ft of air-conditioned, carefully curated living space that is meticulously crafted with attention to detail. The gross square footage exceeds 17,895 sq ft, including covered outdoor verandas that seamlessly blend indoor and outdoor living. A four-bay air-conditioned collector's car garage awaits your prized vehicles. Additional covered parking porticos and a crushed shell driveway bordered by cut coral provide ample space for guests. Step into a world of tranquility with a private saltwater pond teeming with native sea life. Wander along the stone-through path for an intimate encounter with nature and carefully curated specimens. Situated on a peninsula, this estate offers complete privacy and security. A secluded beach area invites you to dip your toes into the ocean without prying eyes. Hosting soirees on the peninsula grassy area could serve as a helipad with a tiki lounge. Resort-style amenities include a gas-heated oasis pool, hot tub, and waterfall grotto to create a tropical paradise. Built-in swim-jet therapy and a beach entrance enhance your relaxation. Gas-powered tiki torches illuminate the evenings. Thoughtful details throughout, with an air-conditioned equipment room and cabana bathroom, add convenience. The elevated, fully equipped summer kitchen features a push-button elevated TV and a pizza oven, all with unobstructed views. A 450-foot dock with two boat lifts and a private protected boat basin awaits your vessels. This is more than a home; it's an unparalleled legacy of luxury and privacy waiting to be claimed.

Listing Agent

Eric Rizzo

Ocean Sotheby's International Realty License #3347022 Listed on: 02/07/2025

Ocean Sotheby's International Realty

Co-Listing Agent

Russell Post

Ocean Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $92,442

Year Built

  • Built in 2017 | Remodeled

Lot Details

  • 5.07 Acre Lot
  • Home fronts a pond
  • Ocean Front
  • Lake Front
  • Sandy Beach
  • Privacy Fence
  • Fenced
  • Sprinkler System
  • Fruit Trees
  • Property is zoned RE - Residential Estate

Property Views

  • Ocean
  • Lake
  • Pond
  • Canal

Home Design

  • Metal Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 9,843 Sq Ft Home
  • Furnished
  • Bar
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Fireplace
  • Blinds
  • Entrance Foyer
  • Loft
  • Workshop
  • Sun or Florida Room
  • Storage
  • Utility Room
  • Home Gym
  • Marble Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Maid or Guest Quarters
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

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

Parking

  • 4 Car Detached Garage
  • Carport
  • Automatic Garage Door Opener
  • Electric Gate
  • Guest Parking
  • Open Parking
  • Off-Street Parking

Pool

  • Concrete Pool
  • Lap Pool
  • In Ground Pool
  • Spa
  • Pool Deck
  • Outdoor Shower

Outdoor Features

  • Boat Lift
  • Boat Slip
  • Dock made with wood
  • Tennis Courts
  • Balcony
  • Deck
  • Patio
  • Outdoor Water Feature
  • Outdoor Kitchen
  • Exterior Lighting
  • Gazebo
  • Shed
  • Tiki or Chickee Hut
  • Attached Grill
  • Rain Gutters

Additional Homes

  • Detached Guest House

Utilities

  • Central Heating and Cooling System
  • Ductless Heating Or Cooling System
  • Heating System Uses Propane
  • Whole House Permanent Generator
  • Propane
  • Well
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00415010-000100

Community Details

Overview

  • No Home Owners Association
  • Plant Beach Subdivision

Recreation

  • Beach
  • Tennis Courts
  • Community Spa

Security

  • Building Security System

Home Details

Home Type

Single Family

Est. Annual Taxes

$92,442

Year Built

Built in 2017 | Remodeled

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
  • Voluntary HOA: No
  • Control Depth: 4
  • Dockage Dock: Wood
  • Dockage Dock Length: 450
  • Document Count: 1
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Plantation Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 87.50
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Tennis Courts, Spa, Beach, Fire Hydrant
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Ocean
  • State Province: FL
  • Taxes: 92442.50
  • Title: Title Ins - Buyer
  • Vehicle Storage: Garage, Trailer Storage, Covered Parking, Off Street Parking, Guest Parking, Open Parking, Auto Door Opener, Detached, Carport
  • Vehicle Storage Cars: 4+
  • Year Built: 2017
  • Alternate Key Number: 9093853
  • Cooling Heating: Central Air, Ductless, Ceiling Fans(s)
  • Lot Sq Ft: 220875.00
  • Pool Info: In Ground, Decked, Concrete, Lap
  • Porch Balcony: Open Porch/Balcony, Deck, Patio
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 9843.00
  • Pre Wired: Cable, Cat 5
  • Specialty Rooms Guest Servant Qtrs: Legal
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Quartz Countertops, Built-in Cabinets, Tray Ceilings, Bar, Window Treatments, Whirlpool Bath Tub, Walk-in Closet(s), Storage, Smoke Alarms, Sky Light(s), Security System, Entrance Foyer, Pantry, Fireplace(s), Split Bedroom, Cathedral Ceilings
  • Total Bathrooms: 9.00
  • Full Bathrooms: 7
  • Appliances: More Appliances, Wine Cooler, Ice Machine, Gas Appliances, Freezer, Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer, Washer
  • Floor: Marble
  • Half Bathrooms: 2
  • Specialty Rooms: Gym, Other, Workshop, Utility Room, Sun/Florida Room, Loft, Laundry Room
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 6
  • Sq Ft Remarks: 17,895 sq.ft. in total.

Exterior Features

  • Dockage: Boat Lift, Other Dockage, Basin, Boat Slip
  • Waterfront: Oceanfront, Salt Ponds, Lake Front, Open Water
  • Waterfront: Yes
  • Construction: CBS, Concrete
  • Exterior Features: Bar, Water Display, Tennis Court(s), Storage, Sprinkler System, Shed, Sandy Beach, Privacy Wall/Fence, Outdoor Shower, Outdoor Kitchen, Lighting, Hot Tub, Rain Gutters, Detached Guest Qtrs, Gazebo, Fruit Tree(s), Fencing, Chickee Hut, Built-in Grill
  • Roof: Metal Roof
  • Waterview: Ocean View, Salt Ponds, Lake View, Open Water View, Canal View
  • Pool: Yes

Utilities

  • Security: Electric Gate, Other, Central Station Sys, On Premises System, Secured Building
  • Utilities: FKAA, Propane, Whole House Generatr, Buyer to Verify, Municipal Sewer, Well
  • Heating: Central, Propane, Fireplace(s), Electric, Ductless

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE,AE,VE,VE,VE
  • Parcel Number: 00415010-000100
  • Land Size: 5 Less Than 10 Acres
  • Acres: 5.07

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished, Partially

Tax Info

  • Tax Year: 2024

Map

Range of Values:

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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 $95,667 $10,837,558 -- --
2023 $95,667 $10,521,901 $0 $0
2022 $93,817 $10,215,438 $0 $0
2021 $95,508 $9,917,901 $4,335,776 $5,582,125
2020 $96,526 $9,979,690 $4,335,776 $5,643,914
2019 $101,667 $10,301,616 $4,638,375 $5,663,241
2018 $102,273 $10,401,714 $4,735,008 $5,666,706
2017 $29,055 $2,972,536 $0 $0
2016 $32,221 $3,172,122 $0 $0
2015 $28,619 $2,853,864 $0 $0
2014 $42,732 $5,663,398 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2025 02/07/25 For Sale $42,000,000 -- $4,267 / Sq Ft
Source: Florida Keys Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Warranty Deed $3,000,000 None Available
Warranty Deed -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,124,500 Unknown
Source: Public Records

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Source: Florida Keys Board of REALTORS®

MLS Number: 613646

Florida Keys Board of REALTORS®

APN: 00415010-000100

Florida Monroe County Islamorada 33036

88041 Old Hwy, Islamorada, FL

This home is located at 88041 Old Hwy, Islamorada, FL 33036 and is currently priced at $42,000,000, approximately $4,266 per square foot. This property was built in 2017. 88041 Old Hwy is a home located in Monroe County with nearby schools including Plantation Key School, Coral Shores High School, and Treasure Village Montessori Charter School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Keys Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Eric Rizzo
Listing Agent
Eric Rizzo
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Ocean Sotheby's International Realty
(305) 394-3062