$14,995,000
8 Beds
7.5 Baths
5,417 sqft (on 0.80 acres)
16 Osprey Ln, Ocean Reef, FL 33037
Est. Mortgage $98,890/mo*
Get Pre-QualifiedHome Highlights
Outdoor
Patio, Deck
HOA
None
Price/Sqft
$2,768
Listed
180+ days ago
Local Information
- Map ViewExplore the area around 16 Osprey Ln.
- Schools1 Preschool School1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
About this House
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.
Last check for updates: about 17 hours ago
Listing courtesy of Michael Watson
Watson Luxury Properties at Ocean Reef
Source: CLS at Ocean Reef, MLS#2929
Home Details for 16 Osprey Ln
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Interior Details Number of Rooms: 16 |
Beds & Baths Number of Bedrooms: 8Number of Bathrooms: 8Number of Bathrooms (full): 7Number of Bathrooms (half): 1 |
Dimensions and Layout Living Area: 5417 Square Feet |
Appliances & Utilities Appliances: Washer, Dryer, Dishwasher, Freezer, Refrigerator, Microwave, Trash CompactorDishwasherDryerLaundry: Laundry RoomMicrowaveRefrigeratorWasher |
Fireplace & Spa Spa: Spa/Hot TubHas a FireplaceHas a Spa |
Gas & Electric Gas: Propane Tank-Owned |
Windows, Doors, Floors & Walls Window: Impact Glass |
Levels, Entrance, & Accessibility Stories: 2 |
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Exterior Home Features Patio / Porch: Terrace, Deck/PatioExterior: Dock, Outdoor Kitchen |
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Days on Market: 180+ |
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Year Built Year Built: 2026 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family Residence |
Building Not a New Construction |
Property Information Parcel Number: 00569446001800 |
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Price List Price: $14,995,000Price Per Sqft: $2,768 |
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MLS Status: Pending |
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Direction & Address City: Key LargoCommunity: Not Condo or Condo Outside MLS Area |
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Listing Agent Listing ID: 2929 |
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Building Area Building Area: 5417 Square Feet |
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HOA Fee: No HOA Fee |
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Lot Area: 0.80 acres |
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Special Conditions: Traditional |
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Mls Number: 2929 |
Around this home
What Locals Say about Key Largo
At least 96 Trulia users voted on each feature.
92 % Say it's dog friendly
84 % Say parking is easy
79 % Say car is needed
78 % Say yards are well-kept
74 % Say people would walk alone at night
72 % Say there's holiday spirit
66 % Say it's quiet
66 % Say they plan to stay for at least 5 years
63 % Say it's walkable to restaurants
55 % Say neighbors are friendly
55 % Say kids play outside
52 % Say there's wildlife
47 % Say there are community events
45 % Say it's walkable to grocery stores
31 % Say streets are well-lit
23 % Say there are sidewalks
Sourced by Trulia users. Learn more about our methodology.
Market trends in Key Largo
Last updated July 2026
Avg. sale price
$1.4M
$41.67KMoM
Sale-to-List Price
95.7%
0.4%MoM
Price per sq ft
$803
$38MoM
Available listings
241
14MoM
Home Value
Trulia Estimate
$13.9MSince last month
Decreased$70K (-0.5%)Since last year
Decreased$842K (-5.7%)Since last sale
Increased$10M (+265.5%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +67% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $13.89M |
| July 2026 | $13.96M |
| June 2026 | $13.82M |
| May 2026 | $13.89M |
| April 2026 | $14.07M |
| March 2026 | $14.08M |
| February 2026 | $13.75M |
| January 2026 | $13.85M |
2025 | |
2024 | |
2023 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.02 | Single-Family Home | $15,250,000 | 08/06/26 | 8 | 9.5 | 6,243 | |
0.34 | Single-Family Home | $24,250,000 | 04/14/26 | 6 | 7 | 8,288 | |
0.35 | Single-Family Home | $13,500,000 | 07/24/26 | 5 | 5.5 | 4,054 | |
0.40 | Single-Family Home | $8,500,000 | 02/20/26 | 4 | 4 | 3,457 | |
0.35 | Single-Family Home | $12,400,000 | 07/24/26 | 4 | 5 | 4,210 | |
1.34 | Single-Family Home | $10,250,000 | 01/30/26 | 4 | 4.5 | 3,920 | |
1.34 | Single-Family Home | $9,300,000 | 12/01/25 | 4 | 5.5 | 3,600 | |
1.37 | Single-Family Home | $5,055,000 | 03/02/26 | 3 | 4 | 2,990 | |
1.48 | Single-Family Home | $14,750,000 | 01/09/26 | 4 | 5 | 4,723 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.02 | $15,250,000 | 8 | 9.5 | 6,243 | Recently Sold | |
0.12 | $33,500,000 | 5 | 6.5 | 7,471 | For Sale | |
0.20 | $8,652,100 | 3 | 3 | 2,084 | Off Market | |
0.27 | $12,267,800 | 3 | 5 | 4,500 | Off Market | |
0.30 | - | - | - | - | Off Market | |
0.34 | $24,250,000 | 6 | 7 | 8,288 | Recently Sold | |
0.35 | $13,500,000 | 5 | 5.5 | 4,054 | Recently Sold | |
0.35 | $12,400,000 | 4 | 5 | 4,210 | Recently Sold | |
0.36 | - | 4 | 4 | 3,885 | Off Market | |
0.38 | $9,900,000 | 4 | 4 | 5,031 | For Sale | |
0.40 | $8,500,000 | 4 | 4 | 3,457 | Recently Sold | |
0.43 | - | 4 | 4.5 | 4,612 | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Mar 25, 2026 Source: CLS at Ocean Reef #2929 | Pending | $14,995,000 |
Jan 27, 2026 Source: CLS at Ocean Reef #2929 | Contingent | $14,995,000 |
Nov 11, 2025 Source: CLS at Ocean Reef #2929 | PriceChange | $14,995,000 Price decreased by 6% |
Aug 7, 2025 Source: MLKAR #616079 | Listed For Sale | $15,990,000 |
Jul 2, 2025 Source: Key West AOR #611048 | ListingRemoved | $15,990,000 |
Apr 16, 2025 Source: Key West AOR #611048 | PriceChange | $15,990,000 Price decreased by 6% |
Aug 9, 2024 Source: FLKMLS #611048 | PriceChange | $16,990,000 Price decreased by 0% |
Jul 17, 2024 Source: N/A | Listed For Sale | $17,000,000 |
Jul 6, 2024 Source: N/A | ListingRemoved | |
Apr 7, 2024 Source: N/A | Listed For Sale | $17,000,000 |
Aug 22, 2023 Source: N/A | ListingRemoved | |
May 17, 2023 Source: N/A | Listed For Sale | $17,000,000 |
Mar 17, 2022 Source: N/A | Sold | $3,800,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $34,228 | $6,625,053 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Michael Watson, Watson Luxury Properties at Ocean Reef
Copyright Central Listing Service at Ocean Reef, Inc. All rights reserved. Information is deemed reliable but not guaranteed.
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Frequently asked questions about 16 Osprey Ln
- What is the estimated monthly payment for 16 Osprey Ln?Based on a $14,995,000 list price with 20% down at today's rates, the estimated monthly payment for 16 Osprey Ln in Ocean Reef, FL is approximately $100,538 (about $77,471 principal & interest, $22,992 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 16 Osprey Ln compare to homes in Ocean Reef?16 Osprey Ln in Ocean Reef, FL is listed at $14,995,000, about 970% above the $1.4M median sale price in Ocean Reef.
- What do residents say about Ocean Reef?Residents describe Ocean Reef, FL as dog-friendly, easy to park in, and well-kept. Most residents say you need a car. See homes for sale in Ocean Reef, FL.
- What are the closest schools to 16 Osprey Ln?The closest schools to 16 Osprey Ln in Ocean Reef, FL are Coral Shores High School (rated 5/10), Key Largo School (Pre-K/Elementary/Middle, rated 8/10).
- Does 16 Osprey Ln have laundry facilities?Yes, 16 Osprey Ln in Ocean Reef, FL has in-unit laundry.
- How big is the lot at 16 Osprey Ln?The lot at 16 Osprey Ln in Ocean Reef, FL is about 0.80 acres (34,976 sq ft).
16 Osprey Ln, Ocean Reef, FL 33037 is a 8 bedroom, 8 bathroom, 5,417 sqft single-family home built in 2026. This property is currently available for sale and was listed by CLS at Ocean Reef on Nov 11, 2025. The MLS # for this home is MLS# 2929.