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Pending
  • $16,495,000

    17 Osprey Ln, Ocean Reef, FL 33037

    8beds
    6,243sqft
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    Single Family Residence
    Built in 2026
    1.13 Acres Lot
    $15,202,000 Zestimate®
    $2,642/sqft
    $-- HOA

    What's special

    GOLDEN opportunity to own new waterfront construction in the desirable Sunrise Cay neighborhood. Currently, there is time to make selections and influence the final product. 17 Osprey Lane sits on one of the largest lots in all of the Ocean Reef Club, 49,607sf, corner lot with 166' water frontage. This 2 story, 8 Bedroom 9.5 Bath features 5,425sf in the main house and another 818sf in the guest house for a total of 6,243sf of living space. There is also an opportunity to add an additional sleeping room in the main house. Other highlights include, 2 Primary 2nd floor suites, a 3-car 1,020sf Garage, 1,220sf Pool, 94sf Spa, 1,636sf Outdoor Living area, 2 Gas Fireplaces, Elevator System, 50' T-Dock, and a Slip in Sunrise Marina. Home amenities include: 72" Lacanche gas range, Subzero refrigeration, Kohler and Toto plumbing fixtures. This 2 story concrete shell will have a Saxony 900 slate flat tile roof in Florida Blend color, and a Stucco/Hardie Plank exterior finish. We will continue to update the finishes as they are selected. Now is the time to step into a rare ORC project and make it your own. If you like privacy, security and exclusivity 17 Osprey Lane is the answer. Reach out and schedule a site visit before it's too late! Tentative completion date of November 2026.
    178 days
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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#: 3959MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 10
      • Full bathrooms: 9
      • 1/2 bathrooms: 1
      Appliances
      • Included: Washer, Dryer, Dishwasher, Freezer, Refrigerator, Microwave
      Features
      • Private Elevator, Office/Den
      • Windows: Impact Glass
      • Number of fireplaces: 2
      Interior area
      • Total structure area: 6,243
      • Total interior livable area: 6,243 sqft

      Property

      Features
      • Stories: 2
      • Patio & porch: Terrace, Deck/Patio
      • Exterior features: Dock
      • Has spa: Yes
      • Spa features: Spa/Hot Tub, Bath
      Lot
      • Size: 1.13 Acres
      Details
      • Additional structures: Guest House
      • Parcel number: 00569446001900
      • Special conditions: Traditional

      Construction

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

      Community & HOA

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

      Financial & listing details

      • Price per square foot: $2,642/sqft
      • Tax assessed value: $5,507,903
      • Annual tax amount: $27,887
      • Date on market: 1/16/2026

        Estimated market value

        $15,202,000

        $14.44M - $15.96M

        $5,621/mo

        Price history

        DateEventPrice
        4/8/2026Pending sale$16,495,000$2,642/sqft
        Source: CLS at Ocean Reef #3959 Report a problem
        2/27/2026Contingent$16,495,000$2,642/sqft
        Source: CLS at Ocean Reef #3959 Report a problem
        1/16/2026Price change$16,495,000-2.9%$2,642/sqft
        Source: CLS at Ocean Reef #3959 Report a problem
        4/16/2025Listed for sale$16,990,000+144.5%$2,721/sqft
        Source: Key West AOR #614662 Report a problem
        4/15/2025Listing removed$6,950,000$1,113/sqft
        Source: FLKMLS #611446 Report a problem
        9/13/2024Listed for sale$6,950,000+124.2%$1,113/sqft
        Source: Key West AOR #611446 Report a problem
        3/14/2022Sold$3,100,000-11.4%$497/sqft
        Source: CLS at Ocean Reef #1932 Report a problem
        12/6/2021Pending sale$3,500,000$561/sqft
        Source: CLS at Ocean Reef #1932 Report a problem
        5/24/2021Price change$3,500,000-41.7%$561/sqft
        Source: CLS at Ocean Reef #1932 Report a problem
        3/17/2021Price change$6,000,000+71.4%$961/sqft
        Source: CLS at Ocean Reef #1932 Report a problem
        3/11/2020Listed for sale$3,500,000$561/sqft
        Source: Watson Luxury Properties at Ocean Reef #1932 Report a problem
        10/30/2019Listing removed$3,500,000$561/sqft
        Source: Ocean Reef Club Sotheby's International Realty #1427 Report a problem
        12/22/2017Listed for sale$3,500,000$561/sqft
        Source: Russell Post Sotheby's International Realty #1427 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$28,456 +45.1%$3,227,717 +10%
        2024$19,618 -9.7%$2,934,288 -8.6%
        2023$21,721 +73.7%$3,209,378 +122.8%
        2022$12,506 +20.2%$1,440,649 +10%
        2021$10,407 +10%$1,309,681 +10%
        2020$9,463 $1,190,619 -16.7%
        2019$9,463 +5.9%$1,429,260 +7.1%
        2018$8,934 +6.2%$1,334,550 +3.3%
        2017$8,413 +6.5%$1,291,500 -22%
        2016$7,900 -14.5%$1,656,810 -8.1%
        2015$9,244 $1,802,609
        Find assessor info on the county website

        Monthly payment

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        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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