Welcome to this lovely 4-bedroom, 4-bathroom home, where elegance meets comfort in every detail. The entrance includes a scenic driveway lined with mature trees and blooming orchids—offering both privacy and a truly picturesque welcome. This home boasts soaring high ceilings, a spacious 3-car garage, and a seamless blend of indoor and outdoor living. Step outside to your personal resort oasis featuring a sparkling pool complete with in-water bar stools and a convenient pass-through bar—perfect for entertaining. A separate covered cabana invites year-round enjoyment with its cozy fire pit and outdoor shower, offering a true spa-like experience. Designed for both relaxation and gatherings, this home is an entertainer's dream and a serene retreat all in one.
Pending
$5,150,000
15 Thatch Palm Way, Ocean Reef, FL 33037
4beds
3,368sqft
Single Family Residence
Built in 1997
0.49 Acres Lot
$4,755,900 Zestimate®
$1,529/sqft
$-- HOA
What's special
Covered cabanaSparkling poolIn-water bar stoolsConvenient pass-through barBlooming orchidsPersonal resort oasisOutdoor shower
- 298 days |
- 188 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Albert J Rourke III, Megan Lyons,
Ocean Reef Club Sotheby's International Realty
Source: CLS at Ocean Reef,MLS#: 2914
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Appliances
- Included: Washer, Dryer, Dishwasher, Freezer, Refrigerator, Microwave
Features
- Windows: Accordian Shutters
- Has fireplace: Yes
Interior area
- Total structure area: 3,368
- Total interior livable area: 3,368 sqft
Video & virtual tour
Property
Features
- Stories: 2
Lot
- Size: 0.49 Acres
Details
- Parcel number: 00573710002200
- Special conditions: Traditional
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- As Is
- New construction: No
- Year built: 1997
Community & HOA
Community
- Subdivision: Not Condo or Condo Outside MLS Area
Location
- Region: Ocean Reef
Financial & listing details
- Price per square foot: $1,529/sqft
- Tax assessed value: $4,076,647
- Annual tax amount: $25,262
- Date on market: 10/28/2025
Estimated market value
Zestimate®
$4,755,900
Estimated sales range
$4.52M - $4.99M
Rent Zestimate®
$7,713/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/28/2026 | Pending sale | $5,150,000$1,529/sqft |
Source: | ||
| 10/28/2025 | Listed for sale | $5,150,000-3.7%$1,529/sqft |
Source: | ||
| 7/3/2025 | Listing removed | $5,350,000$1,588/sqft |
Source: | ||
| 4/4/2025 | Listed for sale | $5,350,000+40.8%$1,588/sqft |
Source: | ||
| 7/25/2022 | Sold | $3,800,000$1,128/sqft |
Source: Public Record Report a problem | ||
| 6/7/2022 | Pending sale | $3,800,000$1,128/sqft |
Source: | ||
| 5/24/2022 | Listed for sale | $3,800,000+111.1%$1,128/sqft |
Source: | ||
| 7/23/2015 | Listing removed | $1,800,000$534/sqft |
Source: Swenson & Ecuyer Realty #942 Report a problem | ||
| 7/8/2015 | Listed for sale | $1,800,000+80.2%$534/sqft |
Source: Swenson & Ecuyer Realty #942 Report a problem | ||
| 6/16/1998 | Sold | $999,000+951.6%$297/sqft |
Source: Public Record Report a problem | ||
| 6/20/1996 | Sold | $95,000$28/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $28,031 +6.5% | $4,076,647 +5.8% |
| 2024 | $26,315 +5.8% | $3,853,783 +6.8% |
| 2023 | $24,872 +129.1% | $3,607,374 +124.9% |
| 2022 | $10,858 -3.2% | $1,603,862 +3% |
| 2021 | $11,217 +0.7% | $1,557,148 +1.4% |
| 2020 | $11,142 | $1,535,649 +2.3% |
| 2019 | $11,142 +2.1% | $1,501,124 +1.9% |
| 2018 | $10,908 -0.3% | $1,473,135 +2.1% |
| 2017 | $10,943 +2.3% | $1,442,836 +2.1% |
| 2016 | $10,696 -3.1% | $1,413,160 +0.7% |
| 2015 | $11,042 | $1,403,337 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 33037
Nearby schools
GreatSchools rating
- 8/10Key Largo SchoolGrades: PK-8Distance: 11.3 mi
- 5/10Coral Shores High SchoolGrades: 9-12Distance: 25.8 mi
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