Welcome to this lovely 4-bedroom, 4-bathroom home, where elegance meets comfort in every detail. The entrance includes a scenic driveway lined with mature trees and blooming orchids—offering both privacy and a truly picturesque welcome. This home boasts soaring high ceilings, a spacious 3-car garage, and a seamless blend of indoor and outdoor living. Step outside to your personal resort oasis featuring a sparkling pool complete with in-water bar stools and a convenient pass-through bar—perfect for entertaining. A separate covered cabana invites year-round enjoyment with its cozy fire pit and outdoor shower, offering a true spa-like experience. Designed for both relaxation and gatherings, this home is an entertainer's dream and a serene retreat all in one.
For sale
$5,150,000
15 Thatch Palm Way, Ocean Reef, FL 33037
4beds
3,368sqft
Est.:
Single Family Residence
Built in 1997
0.49 Acres Lot
$4,800,700 Zestimate®
$1,529/sqft
$-- HOA
What's special
Covered cabanaSparkling poolIn-water bar stoolsConvenient pass-through barBlooming orchidsPersonal resort oasisOutdoor shower
- 54 days |
- 427 |
- 19 |
Zillow last checked: 8 hours ago
Listing updated: October 29, 2025 at 07:36am
Listed by:
Albert J Rourke III, Megan Lyons,
Ocean Reef Club Sotheby's International Realty
Source: CLS at Ocean Reef,MLS#: 2914
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Appliances
- Included: Washer, Dryer, Dishwasher, Freezer, Refrigerator, Microwave
Features
- Windows: Accordian Shutters
- Has fireplace: Yes
Interior area
- Total structure area: 3,368
- Total interior livable area: 3,368 sqft
Video & virtual tour
Property
Features
- Stories: 2
Lot
- Size: 0.49 Acres
Details
- Parcel number: 00573710002200
- Special conditions: Traditional
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- As Is
- New construction: No
- Year built: 1997
Community & HOA
Community
- Subdivision: Not Condo or Condo Outside MLS Area
Location
- Region: Ocean Reef
Financial & listing details
- Price per square foot: $1,529/sqft
- Tax assessed value: $4,076,647
- Annual tax amount: $25,262
- Date on market: 10/28/2025
Estimated market value
$4,800,700
$4.56M - $5.04M
$8,047/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/28/2025 | Listed for sale | $5,150,000-3.7%$1,529/sqft |
Source: | ||
| 7/3/2025 | Listing removed | $5,350,000$1,588/sqft |
Source: | ||
| 4/4/2025 | Listed for sale | $5,350,000+40.8%$1,588/sqft |
Source: | ||
| 7/25/2022 | Sold | $3,800,000$1,128/sqft |
Source: Public Record Report a problem | ||
| 6/7/2022 | Pending sale | $3,800,000$1,128/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $28,031 +6.5% | $4,076,647 +5.8% |
| 2024 | $26,315 +5.8% | $3,853,783 +6.8% |
| 2023 | $24,872 +129.1% | $3,607,374 +124.9% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$31,426/mo
Principal & interest
$26104
Property taxes
$3519
Home insurance
$1803
Climate risks
Neighborhood: 33037
Nearby schools
GreatSchools rating
- 8/10Key Largo SchoolGrades: PK-8Distance: 11.3 mi
- 4/10Coral Shores High SchoolGrades: 9-12Distance: 25.8 mi
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