A $40 Million Florida Keys Compound Comes With 480 Feet of Waterfront

Photo Credit: Serhant Florida

A two-property oceanfront compound on Plantation Key's Millionaire's Row has hit the market for $40 million, offering an unusual combination of modern architecture, boating infrastructure, and room to expand. Located at 88835 and 88845 Old Highway, the estate sits along one of the Upper Keys' most desirable stretches of coastline.

The combined offering lists eight bedrooms, 11 bathrooms, and approximately 9,704 square feet of living space. Its centerpiece is a newly constructed contemporary residence featuring expansive entertaining areas, custom millwork, a chef's kitchen, dedicated office, and multiple covered terraces overlooking the water.

Outside, a 120-foot swimming pool anchors the property, while approximately 480 feet of waterfront creates a setting built around life on the ocean. A protected basin, dockage, boat lift, and deep-water access make the estate particularly appealing to owners who prefer exploring the Keys by boat.

The adjacent parcel adds privacy and potential future development flexibility, subject to applicable approvals. At $40 million, this is a significant asking price even by Florida Keys standards. But the combination of waterfront, boating access, and additional land makes it an unusual offering.

Check out the full property details at Zillow.