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Sold for $14,455,000
  • $14,455,000

    16 Osprey Ln, Ocean Reef, FL 33037

    8beds
    5,417sqft
    Single Family Residence
    Built in 2026
    0.8 Acres Lot
    $14,459,800 Zestimate®
    $2,668/sqft
    $-- Estimated rent

    Home value

    $14,459,800

    $13.01M - $16.05M

    Not available

    Zestimate® history
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    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Watson,

    Watson Luxury Properties at Ocean Reef

    Bought with:

    Post/ Taylor Group

    Ocean Reef Club Sotheby's International Realty

    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

    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: $2,668/sqft
    • Tax assessed value: $6,625,053
    • Annual tax amount: $32,859
    • Date on market: 11/11/2025

    Price history

    DateEventPrice
    9/16/2026Sold$14,455,000-3.6%$2,668/sqft
    Source: CLS at Ocean Reef #2929 Report a problem
    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

    Neighborhood: 33037

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $14,459,800
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $14,459,800