OCEANA KEY BISCAYNE CONDO
111 Reef Ln, Key Biscayne FL 33149
7 beds · 5.5 baths · 5,008 ft²
$11,500,000
Est. Payment $61,208/mo
7
Bedrooms
5.5
Bathrooms
5,008
Sq. Ft.
2014
Year Built
145
Days on Market
Description
Introducing a rare opportunity to own Villa 11, the largest and most coveted of only 12 exclusive villas at Oceana Key Biscayne. Situated on the largest lot in the community at 13,500 SF, this exceptional 7-bed, 5.5-bath residence offers unmatched privacy and space, with access to world-class amenities, including 500 FT of private beach, resort-style pools, on-site restaurant, fitness center, tennis court, and 24/7 security. Designed with a refined modern aesthetic, the villa is filled with natural light and features seamless indoor/outdoor living through expansive glass walls and lush landscaped surroundings, complemented by a private heated pool. Additional highlights include a gourmet chef’s kitchen, an expansive primary suite with dual walk-in closets and a private terrace, a library, maid’s quarters, and 4 parking spaces. Villa 11 offers unparalleled privacy while enjoying full access to Oceana’s world-class amenities.
Facts
- MLS#
- A11928646
- Subdivision
- OCEANA KEY BISCAYNE CONDO
- Property Type
- Residential
- Property Sub Type
- Single Family Residence
- Year Built
- 2014
- Lot Size
- 13,500 ft²
- Sq. Ft.
- 5,008 ft²
- Sq. Mt.
- 465 m²
- Price per sq. ft.
- $2,296/ft²
- Price per sq. mt.
- $24,731/m²
- Stories
- —
- Garage
- —
- Pool
- —
- Days on Market
- 145 days
- Listed
- Jan 12, 2026
- Last Updated
- Apr 20, 2026
- Price/Lot Sq.Ft.
- $852/ft²
Comparable homes
Same ZIP, similar price + bedrooms.
SOLD$11,500,000
6 bd · 6 ba · 6,020 sqft
501 N Mashta Dr, Key Biscayne FL 33149
SOLD$9,450,000
7 bd · 6 ba · 5,074 sqft
107 REEF LANE, Key Biscayne FL 33149

$9,475,000
7 bd · 6 ba · 7,674 sqft
300 Royal Plaza Dr, Fort Lauderdale FL 33301
SOLD$13,500,000
6 bd · 6 ba · 6,985 sqft
890 HARBOR DRIVE, Key Biscayne FL 33149
SOLD$12,950,000
6 bd · 6 ba · 5,191 sqft
945 Mariner Drive, Key Biscayne FL 33149
SOLD$9,750,000
6 bd · 7 ba · 5,865 sqft
211 Cape Florida Dr, Key Biscayne FL 33149
Market insights for Key Biscayne
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
July 2026
52
Median days to sold
+4.5%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 1/12/2026 | Listed for sale | $11,500,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
Fisher Island Day SchoolPK,KG,1,2,3,4,5,6,7,8 · private · 0.5 mi
South Pointe Elementary SchoolPK,KG,1,2,3,4,5 · public · 0.9 mi
Landow Yeshiva CenterPK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 1.5 mi
Klurman Mesivta High School7,8,9,10,11 · private · 1.5 mi
Fienberg/Fisher K-8 CenterPK,KG,1,2,3,4,5,6,7,8 · public · 1.8 mi
Miami Beach Adult & Community Ed CenterUG · public · 1.8 mi
Amikids Miami-Dade South6,7,8,9,10,11,12 · public · 2.0 mi
Temple Beth Shmuel MontessoriPK,KG · private · 2.2 mi
Mast Academy6,7,8,9,10,11,12 · public · 2.4 mi
Miami Beach Senior High School9,10,11,12 · public · 2.7 mi
Estimated Monthly Payment
$70,941/mo
Principal & Interest
$61,208
Property Tax
$9,583
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
Similar listings nearby
More homes in Key Biscayne around $11,500,000.

625 Curtiswood Dr, Key Biscayne FL 33149

545 SABAL PALM, Key Biscayne FL 33149

610 Harbor Cir, Key Biscayne FL 33149

165 Hampton Ln, Key Biscayne FL 33149

420 Island Dr, Key Biscayne FL 33149

571 Glenridge Rd, Key Biscayne FL 33149
