16 Osprey Ln, Ocean Reef, FL 33037
PENDING
0.8 ACRES

16 Osprey Ln
Ocean Reef, FL 33037

  • 8 Beds
  • 7.5 Baths
  • 5,417 sqft (on 0.80 acres)

$14,995,000

Est. Mortgage $98,338/mo*

$14,995,000

Est. Mortgage $98,338/mo*
8 Beds
7.5 Baths
5,417 sqft
(on 0.80 acres)

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

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.

Home Highlights

Parking
No Info
Outdoor
Patio, Deck
View
No Info
HOA
None
Price/Sqft
$2,768
Listed
180+ days ago

Home Details for 16 Osprey Ln

Interior Features

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

Exterior Features

Exterior Home Features
Patio / Porch: Terrace, Deck/PatioExterior: Dock, Outdoor Kitchen

Days on Market

Days on Market: 180+

Property Information

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

Price & Status

Price
List Price: $14,995,000Price Per Sqft: $2,768

Active Status

MLS Status: Pending

Location

Direction & Address
City: Key LargoCommunity: Not Condo or Condo Outside MLS Area

Agent Information

Listing Agent
Listing ID: 2929

Building

Building Area
Building Area: 5417 Square Feet

HOA

HOA Fee: No HOA Fee

Lot Information

Lot Area: 0.80 acres

Listing Info

Special Conditions: Traditional

Miscellaneous

Mls Number: 2929
Last check for updates: about 7 hours ago
Listing courtesy of Michael Watson
Watson Luxury Properties at Ocean Reef
Source: CLS at Ocean Reef, MLS#2929

Price History for 16 Osprey Ln

DatePriceEventSource
03/25/2026$14,995,000PendingCLS at Ocean Reef #2929
01/27/2026$14,995,000ContingentCLS at Ocean Reef #2929
11/11/2025$14,995,000PriceChange
CLS at Ocean Reef #2929
08/07/2025$15,990,000Listed For SaleMLKAR #616079
07/02/2025$15,990,000ListingRemovedKey West AOR #611048
04/16/2025$15,990,000PriceChange
Key West AOR #611048
08/09/2024$16,990,000PriceChange
FLKMLS #611048
07/17/2024$17,000,000Listed For SaleN/A
07/06/2024ListingRemovedN/A
04/07/2024$17,000,000Listed For SaleN/A
08/22/2023ListingRemovedN/A
05/17/2023$17,000,000Listed For SaleN/A
03/17/2022$3,800,000Sold
N/A

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Property Tax and Assessment

Year2025
Tax$34,228
Assessment$6,625,053
Home facts updated by county records

Comparable Sales for 16 Osprey Ln

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.34
Single-Family Home
$24,250,000
04/14/26
6
7
8,288
0.35
Single-Family Home
$10,000,000
06/05/25
5
5.5
4,051
0.43
Single-Family Home
$10,750,000
05/30/25
4
4.5
4,612
0.36
Single-Family Home
$11,500,000
06/09/25
4
4
3,885
0.40
Single-Family Home
$8,500,000
02/20/26
4
4
3,457
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

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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

  • 75 % 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

  • 46 % 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.
  • Cn68dgn6hz
    "They have Dogs ism assuming they happy with the neighborhood as they are very much friendly is a very nice neighborhood "
  • Shaun Matthews
    "I drive everywhere I need to go. Golf carts are permissible in most neighborhoods. Everything is within a 5 min car ride. "
  • Dr.mahoney
    "We take care of each other in times of need hurricanes a good example. Animals are safe and people are friendly "
  • DC
    "Imagine living in a neighborhood where everyone knows each other and looks out for one another—where you can spend lazy afternoons lounging in beautiful parks or embark on thrilling marine adventures. Your kids will have a blast playing in sports leagues and attending top-notch schools. And the best part? The whole vibe is super chill and welcoming. That's the kind of community you'll find here!"
  • Carol Painter
    "Silver Shores is a beautiful 55 and older park! All yards are beautiful with grass, flowers, and trees! All the owners love it here!"
  • Deborah Clarke
    "Great neighbors, wonderful parks, beautiful sunsets, great church, great schools to choose from. The bond of our community. Every year our street throws an annual Keys Christmas Party. There is a sense of peace and connection knowing that you are safe and valued in your neighborhood. Everyone is so friendly, which makes it so inviting."
  • Karen M.
    "its a tourist spot area and very close to everything that you may need its a small city but very nice place"
  • Davius C.
    "It’s pretty dog friendly around here. I always see people walking their dogs. I have three of my own. The neighbors wave and say hi to my dogs while they are walking their dogs"
  • Diamonddegree
    "Private and secluded neighborhood at the beginning of the Florida keys. Great diving and snorkeling options "
  • Stuart G.
    "my commute is 20 miles but with traffic it takes anywhere from 35 minutes to 2 hours. just depends on the traffic "
  • Danlsteadman
    "Dogs are welcome at local restaurants with outside seating. Water bowls are available at these restaurants. "
  • Lmgkeys
    "Safe area. Surrounded by the water. Good schools. Great fishing and boating. Kayak and canoeing. Small island nearby."
  • Virgil R.
    "There are lots of kids here and watchful parents. So it’s safe for them to play outside and ride their bikes on the back streets. The fathers are outside and monitoring the speed people drive. "
  • Ruthrich41
    "We have allowed activities here so we get acquainted with a lot of people in our area and you get to know them and you make friends here we have 240 homes in our compound and a lot of good neighbours are very good friends are here"
  • Virgil R.
    "It’s next to the ocean and boat launches and public pools And Public parks where you can walk your dog play tennis do a fitness circuit and volleyball and it’s raining in downtown so it’s easy to leave there and get something to eat"
  • mdasca
    "This area is unique because it is close to Miami yet feels like worlds away. This community had neighbors that all have a passion for boating. There is no place in the world like the Florida keys!"
  • sherieann2008
    "This is one of the friendliest communities I have ever lived in. The neighbors all know each other and watch out for everyone. We are close to all of the entertainment and dining we want but have the quiet and privacy of a small community - the best of both worlds"
  • Lian A.
    "GATED COMMUNITY WITH DEEP WATER DOCKAGE - FAMILY FRIENDLY"
  • Kathy D.
    "Key Largo is known for its commuting ease from the Miami Dade area. It has a great Aquatic center, lots of dining options and, as with the rest of the Keys, is known for its water sports which include fishing, diving, kayaking, snorkeling, jet skies etc. The Keys are considered the Caribbean of the US. All the beauty and nice people, no passport."
  • Alicia O. L.
    "I have lived here for 7 years and absolutely love it!!!! A.L."

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.
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.