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Pending
  • $14,995,000

    16 Osprey Ln, Ocean Reef, FL 33037

    8beds
    5,417sqft
    : 
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    Single Family Residence
    Built in 2026
    0.8 Acres Lot
    $13,938,300 Zestimate®
    $2,768/sqft
    $-- HOA

    What's special

    Aqua fireplaceMotorized window treatment readyFull elevator systemSecurity systemCustom closets throughoutQuartz countertopsSound system
    Welcome to this 8 bedroom oasis located on the water at The Ocean Reef Club. This newly constructed 5,417 Sq Ft home will feature two primary suites in the main house (one up/one down) along with 4 guest suites in addition to a 2 bedroom ocean view casita above the 774 Sq Ft garage. The 1,633 Sq. Ft. outdoor living area encompasses a sundeck, 632sf pool + 63sf spa, cabana bath, outdoor kitchen w/ 36" gas grill & hood, 18" side burner, beverage fridge & ice maker, outdoor dining area, gas fireplace & fire pit all on 100' of canal frontage with a 50' T dock. Interior features include 72" LaCanche range, Sub-Zero refrigeration, Quartz countertops, wide plank flooring, 10' ceilings, 8' 2-panel doors, Emtek door hardware, custom Mouser cabinetry, Kohler & Toto plumbing, custom closets throughout, Aqua fireplace, full elevator system, motorized window treatment ready, sound system, security system, dual stackable washers and dryers and all Impact Windows and doors are just a few of the extra amenities you will find in this home. This is the ideal and rare opportunity to own new construction on a navigable waterway in the desirable Sunrise Cay neighborhood at Ocean Reef. *Please note that all renderings are not an exact replica of every detail of the finished product but rather an approximate depiction as it relates to the existing plans.
    242 days
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    29
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    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Watson,

    Watson Luxury Properties at Ocean Reef

    Source: CLS at Ocean Reef,MLS#: 2929MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 8
      • Full bathrooms: 7
      • 1/2 bathrooms: 1
      Appliances
      • Included: Washer, Dryer, Dishwasher, Freezer, Refrigerator, Microwave, Trash Compactor
      • Laundry: Laundry Room
      Features
      • Office/Den
      • Windows: Impact Glass
      • Has fireplace: Yes
      Interior area
      • Total structure area: 5,417
      • Total interior livable area: 5,417 sqft
      Video & virtual tour

      Property

      Features
      • Stories: 2
      • Patio & porch: Terrace, Deck/Patio
      • Exterior features: Dock, Outdoor Kitchen
      • Has spa: Yes
      • Spa features: Spa/Hot Tub
      Lot
      • Size: 0.8 Acres
      Details
      • Parcel number: 00569446001800
      • Special conditions: Traditional

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Condition
      • New construction: No
      • Year built: 2026

      Utilities & green energy

      • Gas: Propane Tank-Owned

      Community & HOA

      Community
      • Subdivision: Not Condo or Condo Outside MLS Area
      Location
      • Region: Ocean Reef

      Financial & listing details

      • Price per square foot: $2,768/sqft
      • Tax assessed value: $6,625,053
      • Annual tax amount: $32,859
      • Date on market: 11/11/2025

        Estimated market value

        $13,938,300

        $13.24M - $14.64M

        $7,000/mo

        Price history

        DateEventPrice
        3/25/2026Pending sale$14,995,000$2,768/sqft
        Source: CLS at Ocean Reef #2929 Report a problem
        1/27/2026Contingent$14,995,000$2,768/sqft
        Source: CLS at Ocean Reef #2929 Report a problem
        11/11/2025Price change$14,995,000-6.2%$2,768/sqft
        Source: CLS at Ocean Reef #2929 Report a problem
        8/7/2025Listed for sale$15,990,000$2,952/sqft
        Source: MLKAR #616079 Report a problem
        7/2/2025Listing removed$15,990,000$2,952/sqft
        Source: Key West AOR #611048 Report a problem
        4/16/2025Price change$15,990,000-5.9%$2,952/sqft
        Source: Key West AOR #611048 Report a problem
        8/9/2024Price change$16,990,000-0.1%$3,136/sqft
        Source: FLKMLS #611048 Report a problem
        7/17/2024Listed for sale$17,000,000$3,138/sqft
        Source: Owner Report a problem
        7/6/2024Listing removed--
        Source: Owner Report a problem
        4/7/2024Listed for sale$17,000,000$3,138/sqft
        Source: Owner Report a problem
        8/22/2023Listing removed--
        Source: Owner Report a problem
        5/17/2023Listed for sale$17,000,000+347.4%$3,138/sqft
        Source: Owner Report a problem
        3/17/2022Sold$3,800,000$701/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$34,228 +45.1%$3,882,384 +10%
        2024$23,597 -9.7%$3,529,440 -8.6%
        2023$26,126 +86.2%$3,860,325 +164.6%
        2022$14,033 -0.9%$1,459,194 +10%
        2021$14,160 +9.9%$1,326,540 +10%
        2020$12,885 $1,205,945 -50.6%
        2019$12,885 +4.2%$2,441,196 +7.1%
        2018$12,370 +6.3%$2,279,430 +3.3%
        2017$11,636 +5.6%$2,205,900 -21.8%
        2016$11,015 -17.5%$2,821,500 -8.1%
        2015$13,347 $3,069,792
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 33037

        Getting around

        1 / 100
        Car-Dependent
        46 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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