Tucked at the end of a quiet cul-de-sac within Ocean Reef Club, 12 Caloosa Road is a beautifully constructed courtyard-style residence built in 2015, offering 5 bedrooms, 6 full baths, and 2 half baths. Designed with both architectural presence and everyday livability in mind, the home blends refined coastal style with exceptional functionality. A lushly landscaped paver entry welcomes you into a light-filled interior where soaring ceilings in the great room and walls of impact glass create an open yet intimate atmosphere. The modern kitchen is thoughtfully appointed with marble countertops and backsplash, custom cabinetry, a large center island for preparation, counter-height bar seating, generous dining space, and a spacious walk-in pantry. A three-car garage provides abundant storage. Impact sliding doors open to a screened courtyard retreat designed for seamless indoor-outdoor living. The expansive pool deck surrounds a pristine swimming pool with a shallow lounging shelf, while a covered outdoor living area with fireplace, television, and summer kitchen creates the perfect setting for entertaining year-round. The first-floor primary suite offers a private sanctuary with an oversized bath featuring a soaking tub, large shower, and a large custom walk-in closet. Four additional guest suites, each with ensuite baths, are also located on the main level. A handsome wood-paneled office overlooks the pool courtyard, providing a quiet workspace. Upstairs, a versatile multipurpose room with full bath and wet bar functions beautifully as a media lounge, game room, or private guest retreat. Architectural cupolas add charm to the roofline, and peek views of the lake and the 17th hole of the Hammock Golf Course enhance the setting. Quietly positioned near the entrance for convenience, yet just a short golf cart ride to the Fishing Village, driving range, and club amenities, this home offers superior construction, thoughtful scale, and effortless Ocean Reef living.
For sale
$11,975,000
12 Caloosa Rd, Key Largo, FL 33037
5beds
5,379sqft
Est.:
Single Family Residence
Built in 2015
0.8 Acres Lot
$11,565,700 Zestimate®
$2,226/sqft
$-- HOA
What's special
Counter-height bar seatingCourtyard-style residenceCustom cabinetryQuiet cul-de-sacLarge custom walk-in closetLight-filled interiorModern kitchen
- 13 days |
- 748 |
- 15 |
Zillow last checked: 8 hours ago
Listing updated: February 20, 2026 at 01:23pm
Listed by:
Molly Taylor, Russell Post,
Ocean Reef Club Sotheby's International Realty
Source: CLS at Ocean Reef,MLS#: 4977
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 8
- Full bathrooms: 6
- 1/2 bathrooms: 2
Appliances
- Included: Washer, Dryer, Dishwasher, Freezer, Refrigerator, Microwave
- Laundry: Laundry Room
Features
- Office/Den
- Windows: Impact Glass
- Number of fireplaces: 1
- Furnished: Yes
Interior area
- Total structure area: 5,379
- Total interior livable area: 5,379 sqft
Property
Features
- Stories: 2
- Patio & porch: Terrace, Deck/Patio
- Exterior features: Outdoor Kitchen
Lot
- Size: 0.8 Acres
Details
- Parcel number: 00572797001700
- Special conditions: Traditional
- Other equipment: Home Theater
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 2015
Community & HOA
Community
- Subdivision: Not Condo or Condo Outside MLS Area
Location
- Region: Key Largo
Financial & listing details
- Price per square foot: $2,226/sqft
- Tax assessed value: $6,602,021
- Annual tax amount: $45,037
- Date on market: 2/20/2026
Estimated market value
$11,565,700
$10.99M - $12.14M
$7,639/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/20/2026 | Listed for sale | $11,975,000+49.8%$2,226/sqft |
Source: | ||
| 2/15/2024 | Sold | $7,995,000$1,486/sqft |
Source: Public Record Report a problem | ||
| 1/18/2024 | Pending sale | $7,995,000$1,486/sqft |
Source: | ||
| 1/9/2024 | Listed for sale | $7,995,000+2032%$1,486/sqft |
Source: | ||
| 10/2/2012 | Sold | $375,000-23.5%$70/sqft |
Source: Public Record Report a problem | ||
| 6/11/2012 | Price change | $490,000-28.5%$91/sqft |
Source: Russell Post Sotheby's International Realty #1709433 Report a problem | ||
| 11/18/2011 | Listed for sale | $685,000$127/sqft |
Source: Russell Post Sotheby's International Realty #1709433 Report a problem | ||
| 7/26/2011 | Listing removed | $685,000$127/sqft |
Source: Russell Post Sotheby's International Realty #1709733 Report a problem | ||
| 7/22/2011 | Listed for sale | $685,000+20.8%$127/sqft |
Source: Russell Post Sotheby's International Realty #1709733 Report a problem | ||
| 5/2/2008 | Sold | $567,000-24.4%$105/sqft |
Source: Public Record Report a problem | ||
| 7/25/2006 | Sold | $750,000+232.4%$139/sqft |
Source: Public Record Report a problem | ||
| 9/17/1998 | Sold | $225,600+182%$42/sqft |
Source: Public Record Report a problem | ||
| 1/28/1997 | Sold | $80,000$15/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $45,038 +32.8% | $6,602,021 +62% |
| 2024 | $33,916 +11.1% | $4,074,502 +10% |
| 2023 | $30,522 +32.5% | $3,704,093 +10% |
| 2022 | $23,042 +3.8% | $3,367,357 +10% |
| 2021 | $22,190 +5.3% | $3,061,234 +6.2% |
| 2020 | $21,080 | $2,883,574 +14% |
| 2019 | $21,080 +22.8% | $2,529,142 +1.8% |
| 2018 | $17,165 +3.4% | $2,483,388 +1.8% |
| 2017 | $16,593 +5.7% | $2,440,186 +23.3% |
| 2016 | $15,704 +10.4% | $1,979,330 +378.5% |
| 2015 | $14,224 | $413,678 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$66,262/mo
Principal & interest
$58079
Property taxes
$8183
Climate risks
Neighborhood: 33037
Nearby schools
GreatSchools rating
- 8/10Key Largo SchoolGrades: PK-8Distance: 12 mi
- 4/10Coral Shores High SchoolGrades: 9-12Distance: 26.4 mi
Local experts in 33037
- Florida
- Monroe County
- Key Largo
- 33037
- 12 Caloosa Rd






