#615167, Alina Davis, Listing office: Coldwell Banker Schmitt Islamorada
$19,495,000 List price
87429 Old Hwy Islamorada, FL 33036
6 beds
8 full
6,692 sqft
2.9 acres
$2,913 / sqft
House
Property details
About 87429 Old Hwy
A private sanctuary of coastal sophistication, The Oasis offers two residences spanning 2.85 meticulously landscaped acres with over 400 feet of pristine waterfront and a protected deepwater basin. Designed for elevated living, The Oasis blends resort-style amenities with the privacy and scale of a true Florida Keys compound.The grand porte-cochere entry sets the tone, leading to a single-level main residence with soaring ceilings, white oak floors, and 12' retractable glass walls that frame sweeping ocean views. The chef's kitchen is anchored by a Calacatta marble island, Thermador appliances, and a walk-in pantry, opening to a spacious great room and dining area ideal for entertaining.The main home features four bedrooms, six full bathrooms, and a soundproof theater room. The primary suite is a private retreat with a fireplace, dual walk-in closets, a safe room, and a spa-inspired bath with a steam shower. Each additional bedroom includes an en suite bath, private balcony, and ocean views. A detached guest house offers two additional bedrooms and bathrooms, creating a total of six bedrooms across the estate with endless space for expansion. The summer kitchen, alfresco dining areas, and multiple lounging terraces offer seamless indoor-outdoor living. The deepwater basin accommodates larger vessels and provides quick access to the Atlantic and Bay. Amenities rival a private resort: soundproof theater, fitness center with sauna, golf simulator, and two resort-style pools--each with a spa, sun deck, and outdoor entertaining spaces.Discreetly luxurious and effortlessly livable, The Oasis redefines waterfront living in the Florida Keys. Designed for ultimate security and safety, this home was built to provide unmatched peace of mind. Every element was designed with meticulous attention to detail and an uncompromising commitment to quality. The Oasis is not just a residence--it is a lifestyle statement in one of the Florida Keys' most desirable locations.
Highlights
Home typeSingle Family Residence
StatusActive
Size6,692 sqft
Lot size2.85 Acres
Year builtNew Const., 2022
ParkingGarage Door Opener, Off Street, Attached
MLS #615643
Attached garage4 spaces
WaterfrontOcean Front
ViewOcean
Private poolYes
Summary
- Full Bathrooms: 8
- Appliances: Dishwasher, Disposal, Dryer, Freezer, Ice Maker, Microwave, Refrigerator, Washer, Water Softener
- Interior: Cathedral Ceiling(s), Entrance Foyer, Pantry, Walk-In Closet(s), Sauna
- Total Bedroom Count: 6
- Garage Space: 4 spaces
- Attached Garage: Yes
- Private Pool: Yes
- Parking: Garage Door Opener, Off Street, Attached
- Waterfront: Ocean Front
- View: Ocean
- Architectural Style: Single Family
- List Price: $19,495,000
- Price/SqFt: $2,913
- Annual Tax Amount: $62,300
- Tax Year: 2023
- Lot: Waterfront
- Directions: Mile Marker 87 Ocean side with north and south entries.
- Year Built: 2022
- Stories: 2
- Living Area: 6,692 SqFt
- Lot Size: 2.85 Acres
- MLS Number: 615643
- MLS Name: KeyWest
- Office Name: Ocean Sothebys International Realty
- Office Phone: (305) 712-8888
- Listing Agent: Walters Luxury Group Gloria, Rachel and Michaela Walters
The data relating to real estate for sale on this web site comes in part from the IDX Program of Key West Association of REALTORS®, Inc. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2025 Key West Association of REALTORS®, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 8/1/2025, 1:45:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Oct 01, 2018 | Home Sold | $4,120,000 |
| May 31, 2013 | Home Sold | $1,455,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $6,719,339 | $62,300 |
| 2022 | $4,687,719 | $43,760 |
| 2021 | $3,054,533 | $43,760 |
| 2020 | $3,012,965 | $44,447 |
| 2018 | $1,855,373 | $24,751 |
| 2017 | $2,281,813 | $18,390 |
History based on county public records data.
Nearby schools
9
Ocean Studies Charter
Public Charter KG-5
4.5 mi
•92295 Old Hwy
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $69,186. The most common annual income of people living in Islamorada, FL is less than $<35k. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
33%
<35k
33%
35k-100k
27%
100k-200k
7%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
54%
Single, No Kids
5%
Single, with Kids
31%
Married, No Kids
10%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
7%
<11 yrs old
5%
12-17 yrs old
12%
18-34 yrs old
55%
35-64 yrs old
21%
65+ yrs old
What do the neighbors do for fun?
Hiking/backpacking
PGA/LPGA
Yoga/pilates
Where do the neighbors shop?
Nordstrom Rack
Stein Mart
Chico's
Where do the neighbors go to eat?
Chipotle
Bonefish Grill
Dominos Pizza
What do the neighbors drive?
Mazda
Lincoln
Cadillac
What do the neighbors listen to?
Rock
Classical
Alternative
All data provided by Home Junction and Claritas
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Frequently asked questions
About 87429 Old Hwy
The listing price of 87429 Old Hwy property is $19,495,000.
The property 87429 Old Hwy is a house located in Islamorada, Florida, 33036.
Active Listing: 87429 Old Hwy is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 87429 Old Hwy are: Ocean Studies Charter (GreatSchools Rating 9/10), Treasure Village Montessori Charter School (GreatSchools Rating 10/10), Plantation Key School (GreatSchools Rating 8/10), Key Largo School (GreatSchools Rating 6/10), Coral Shores High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2023 is $62,300 (source: MLS/based on county public records data).
The last sale was on October 1, 2018 for $4,120,000 (source: MLS/tax record).
The property at 87429 Old Hwy has 6 bedrooms and 8 bathrooms.
The property 87429 Old Hwy is 6,692 SqFt (source: MLS/tax record).
The year of construction for 87429 Old Hwy is 2022.
This home is located at 87429 Old Hwy in Islamorada, FL and zip code 33036. This 6,692 square foot home, which was built in 2022, sits on a 2.85 acre lot. Features: 6 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since July 1, 2025 and is currently priced at $19,495,000.
In June 2025 more than 0 listings in Islamorada, FL were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 15 were sold below. The inventory of homes for sale in Islamorada, FL between May and June 2025 decreased by 3.7%. In June 2025 median list price was $1,200,000 and the average listing age was 143 days.
From Rocket Homes Real Estate and based on county public records data.