Active

89505 Old Highway HIGHWAY

Tavernier, FL 33070

$26,400,000 $111,303/Mo

Get Pre-Approved Check your credit

Overview

Bed

Bath

8,988

Sqft

Description

Escape to Palm Paradise, a breathtaking oceanfront estate on 7.64 private acres in Islamorada, offering 369 feet of shoreline and sweeping Atlantic views. Tucked behind gates on Plantation Key, this secluded retreat combines lush tropical landscaping with unmatched privacy for the ultimate island escape.The 8,988-square-foot main residence showcases exceptional craftsmanship and thoughtful design. One wing features a dramatic two-story primary suite with a private office, while the opposite wing includes four additional bedrooms and four bathrooms across two levels. A separate two-bedroom guest house provides extra space for visitors, and a whole-house generator adds convenience and peace of mind.Inside, custom woodwork, coffered ceilings, built-ins, and high-end finishes create a warm yet refined atmosphere. Amenities include a chef's kitchen, wine cellar, private gym, elevator, and seamless indoor-outdoor living spaces ideal for entertaining or relaxing by the water.Resort-style outdoor features include a custom pool, tiki bar, outdoor kitchen, beachside fire pit, putting green, observation pier, and a lighted tennis court with cabana. Convenient access by seaplane, helicopter, or a 90-minute drive from Miami makes travel effortless.Perfect for boating enthusiasts, the estate is near dockage and concierge dry storage options. Located in the heart of Islamorada, Palm Paradise offers easy access to world-class fishing, boating, dining, and the laid-back luxury of the Florida Keys.Offered at $26.4M, Palm Paradise is a rare opportunity to own a private waterfront compound ideal for luxury living, family retreats, or executive escapes.

Property Details

Property Type : Residential - Single Family

Price : $26,400,000

AD Id : 79203022

MLS Id : 620022

Beds : 7

Living Area Size : 8,988

Year Built : 2008

County : Monroe

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedrooms: 7 Gym,Utility Room,Sun/Florida Room,Sauna/Steam Room,Loft,Laundry Room

Bathroom Information

Total Baths: 10 Full Baths: 6 Half Baths: 4
Interior Features

Drapes/Blinds Incl,Built-in Cabinets,Bar,Walk-in Closet(s),Storage,Smoke Alarms,Security System,Elevator,Granite Counter Top,Entrance Foyer,Fireplace(s),Split Bedroom,Cathedral Ceilings,Wet Bar Appliances: Washer,Stainless Steel Appliance(s),Wine Cooler,Ice Machine,Gas Appliances,Disposal,Microwave,Oven,Range,Refrigerator,Dishwasher,Dryer
Roofing Information

Metal Roof

Flooring Information

Tile,Marble,Wood

Heating & Cooling

Cooling: Central Air,Ductless,Ceiling Fans(s) Heating: Central Water Front: Yes Oceanfront,Open Water Ocean View,Open Water View

Window Information

Window Treatments: Impact Rstnce Window,Impact Rstnce Doors

Building Information

Year Built: 2008 Total Units: 0.00 Floor Location: 207346 Construction: CBS,Concrete Security System: Electric Gate,On Premises System,Patrolled Area Roof: Metal Roof
Exterior Features

Bar,Water Display,Tennis Court(s),Storage,Sprinkler System,Sandy Beach,Privacy Wall/Fence,Outdoor Shower,Outdoor Kitchen,Lanai,Lighting,Hot Tub,Detached Guest Qtrs,Gazebo,Fencing,Chickee Hut,Built-in Grill

Pool Information

In Ground,Decked,Concrete,Salt Water Heated: Yes
Guest House Information

Legal

Lot Information

Lot Dimensions: X Lot SqFt: 207,346 Lot SqFt Source: Property Data Card 5 63 38 Plantation Key Or Long Island Pt Govt Lot 6 & Adj Bay Btm Se'ly G37-221 Or186-271(Ii Deed 22485) Or556-986/89 Or
Property Information

SQ ft (Living Area): 8,988 View: Ocean View,Open Water View Subdivision: Trop Coral Reef (89.0) Stories: 3 Stories

Listing Price Information

List Price: $26,400,000

Tax Information

Taxes: $58,331 Tax Year: 2025 Parcel Number: 00092570000100 Tax Exemptions: Homestead

Virtual Tour

Virtual Tour (External Link)
Multi-Unit Information

Pets Allowed: Pets Allowed
Homeowners Association Information

Mandatory Home Owners Asc: No 1st Right of Refusal: No Association Fee: $0.00

Utility Information

FKAA,Propane,Cable Available,Water Separate Meter,Whole House Generatr,Municipal Sewer

Sell a home like this and save $1,583,501 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Loading, please wait...

Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
188 Orange Blossom Rd, Tavernier, FL, 33070	$3,499,999	3	3	2,130	2,130 SqFt
88835 Old Hwy, Tavernier, FL, 33070	$15,000,000	3	3	1,504	1,504 SqFt
122 Ocean View Dr, Tavernier, FL, 33070	$575,000	2	1	900	900 SqFt
200 Plantation Shores Dr, Tavernier, FL, 33070	$2,200,000	2	3	960	960 SqFt
124 Valjean Ln, Tavernier, FL, 33070	$875,000	3	3	1,649	1,649 SqFt
154 Sebring Dr, Tavernier, FL, 33070	$785,000	3	3	1,667	1,667 SqFt
157 Navajo St, Tavernier, FL, 33070	$1,085,000	3	2	1,711	1,711 SqFt
261 Burgundy Dr, Tavernier, FL, 33070	$895,000	2	2	720	720 SqFt
265 Pueblo St, Tavernier, FL, 33070	$6,600,000	5	3	2,752	2,752 SqFt
160 Ridge St, Tavernier, FL, 33070	$885,000	4	2	1,943	1,943 SqFt