89707 Old Highway

Tavernier, FL 33070

$8,500,000
Price
5
Beds
5
Baths
1
1/2 Bath
6,269 Sq. Ft.
$1,356 / Sq. Ft.
6,269
Sq. Ft.
$1,356
per Sq. Ft.

Description

Live the ultimate island life at The Point ... one of Islamorada's most elegant oceanfront estates with a one-of-a-kind peninsula stretching out into the Atlantic for breathtaking sunrises and torch-lit evenings soaking in the tropical breezes. Beautifully situated on a sprawling 1.5 acres of upland, The Point boasts your own private boat basin with boat lift and jet ski davits and an expansive sandy beach surrounding the lagoon-style pool and spa. There is also a hand-painted poolside tiki bar with...Live the ultimate island life at The Point ... one of Islamorada's most elegant oceanfront estates with a one-of-a-kind peninsula stretching out into the Atlantic for breathtaking sunrises and torch-lit evenings soaking in the tropical breezes. Beautifully situated on a sprawling 1.5 acres of upland, The Point boasts your own private boat basin with boat lift and jet ski davits and an expansive sandy beach surrounding the lagoon-style pool and spa. There is also a hand-painted poolside tiki bar with custom wood counters, bar sink, mini-frig, and poolside entertainment system for resort-style fun in the sun. This property stands out on Islamorada's ''Millionaires' Row,'' which is an eclectic collection of unique open water estates all with distinctive entry gates, winding driveways and lush tropical foliage. This privately gated estate also includes a shady, lighted tennis court with courtside tiki hut, plus a wide circular driveway that offers plenty of room for parking RVs and trailers. There is also a two-car garage and an air-conditioned tackle/storage room. Upstairs on the main level is an expansive living room with open water views, tongue and groove wood ceilings, ocean view dining room, and a spacious kitchen with gas cooktop and high-end appliances. Also on the main level is a bedroom wing with the sprawling ocean view primary suite, private ocean view porch, and a roomy primary bath with soaker tub and wrap-around views of the beach and the endless turquoise ocean. Around the corner from the primary suite is a second bedroom with its own porch which shares a full bath with the office. The office could also be used as an upstairs third bedroom or extra guest room if desired. The downstairs area adds three bedrooms and three full baths in two private, fully appointed efficiency guest suites. Enjoy the serenity and privacy of The Point with immediate family or invite your friends with plenty of room for entertaining inside and out. Must see!
  1. Listed by Brett Newman • Coldwell Banker Schmitt Islamorada
  2. Listed by Margo Newman • Coldwell Banker Schmitt Islamorada

Property Details for 89707 Old Highway

Waterfront
Oceanfront, Open Water
Waterfront
Yes
Zoning
NR - Native Residential
Subdivision
Lake Harbor (89.5)
Directions
Mile Marker 89.5 oceanside on Old Highway. Gated with no sign. Appointment only.
Vehicle Storage
Covered Parking, Off Street Parking, Trailer Storage, RV Parking Open, Open Parking, Garage, Guest Parking
Pets
Pets Allowed

Location

Listing Courtesy of Coldwell Banker Schmitt Islamorada
Add your commute
LISTING UPDATED: 01/24/2024 02:56 PM

Property Details for 89707 Old Highway

StatusActive
MLS #608024
Days on Market116
Taxes$50,575 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family
Year Built1963
Lot Size1.23 AC / 53,776 SF
CountyMonroe County

Location

Listing Courtesy of Coldwell Banker Schmitt Islamorada
Add your commute

Building Information for 89707 Old Highway

Stories-Year Built1963Building Size-Lot Size1.23 AC / 53,776 SF

Payment Calculator

$50,603 per month

30 year fixed, 7.25% Interest

Principal and Interest

$46,388

Property Taxes

$4,215

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 89707 Old Highway

Summary
Location and General Information
  • Waterview: Ocean View, Open Water View
  • Area: 25 - Plantation Key
  • Absolute Longitude: 80.538371
  • Control Depth: 3
  • Off Shore Island: No
  • Listing Board: Florida Keys
  • Side: Ocean
  • Mile Marker: 89.5
  • Marathon Neighborhood: N/A
  • Key/Island: Plantation Key
Owner
  • Owner Name: Owner of Record
Taxes and HOA Information
  • Association Info: Mandatory Home Owners Asc: No
  • Association Info: 1st Right of Refusal: No
  • Fee Includes: None
  • Furnished: Negotiable
  • Tax Year: 2023
  • Tax Exemptions: Homestead
Property
Lot Information
  • Lot Size: 1.51 acres upland + .76 acres baybottom
  • Acres: 1.51
  • SqFt Remarks: SqFt is approximate - 4.088 top level FLA + lower level OPCF
  • Parcel #: 00092450-000000
  • Land Size: 1 Less Than 2 Acres
Property and Assessments
  • Legal: 5 63 38 PLANTATION KEY OR LONG ISLAND PT GOV LOT 5 & ADJ BAY BTM G32-337 (see deed)
  • MLS Approved: Y
  • Limited Representation: No
  • SqFt Source: Seller
  • Flood Zone: VE,AE
  • Rentals Allowed: Yes
  • Deed Restrictions: Unknown
  • Picture Count: 59
  • Document Count: 0
  • Building Style: Above Flood: Unknown
  • Property Condition: Updated/Remodeled
  • Security: Electric Gate, On Premises System
  • Title: Title Ins - Buyer
Utilities
  • Utilities: Cable Available, Water Separate Meter, Municipal Sewer, FKAA, Elect Separate Meter
  • Pub Sewer HkUp: Yes
  • Species List: Yes
  • Pool: Yes
  • Handicap Access: Yes
  • Pool Info: Concrete, In Ground, Decked
  • Porch/Balcony: Open Porch/Balcony, Patio
Interior and Exterior Features
Interior Features
  • Floor: Carpet, Tile, Marble, Combo
  • Interior Features: Cathedral Ceilings, Pantry, Walk-in Closet(s), Storage, Split Bedroom, Quartz Countertops, Granite Counter Top, Entrance Foyer, Fireplace(s)
  • Appliances: Dishwasher, Washer, Oven, Refrigerator, Range, Dryer
Exterior Features
  • Roof: Tile Roof
  • Shutters: Accordion, Roll Down Electric, Panel
  • Dockage: Dock Length: 75
  • Dockage: Dock: Concrete
  • Dockage: Seawall: Rip Rap
  • Construction: CBS
  • Dockage: Basin, Davits, Boat Lift
  • Exterior Features: Bar, Sandy Beach, Tennis Court(s), Storage, Sprinkler System, Lighting, Chickee Hut
  • Windows/Doors: Impact Rstnce Doors, Other Windows/Doors, Sliding Glass Doors, Impact Rstnce Window
Room Information
  • Specialty Rooms: Laundry Room, Workshop

Property History for 89707 Old Highway

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 89707 Old Highway

Taxable ValueLand-Additions-Total-
Tax Record2023$50,575 ($4,215 / month)
Home Facts
Beds5Baths4.5Total Finished SqFt3,866 SqFtAbove Grade Finished SqFt3,866 SqFtStories2Lot Size113,703 SqFtStyleSingle Family ResidenceYear Built1963Year Renovated2015CountyMONROEAPN00092450-000000Fireplace TypeHas Fireplace

Schools near 89707 Old Highway

This home is within Monroe.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 1 to 12
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Plantation Key School
PublicPK to 8

Key West High School
Public1 to 12

Coral Shores High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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89707 Old Highway is a single family home for sale in Tavernier, FL 33070. This property was listed for sale on January 4, 2024 by Coldwell Banker Schmitt Islamorada, it's currently listed at $8,500,000. It has been on the market for a total of 116 days and was last sold on March 18, 2003. This listing's school district is Monroe. Nearby schools include Plantation Key School, Key West High School and Coral Shores High School. 89707 Old Highway is a 5-bed, 5.5-bath, 6,269 sqft single family home built in 1963.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Coldwell Banker Schmitt Islamorada

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.