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2 Beds
2 Baths
1,232 sqft

$4,700,000

16 Caloosa Road, Key Largo FL, 33037

Price per sqft$3,814.94
Built in1977
Property size1,232 sqft
Property typeResidential

Overview

Active

Listed Oct 23, 2026

Updated 2 days ago

Breathtaking lake views, permanent dramatic sunsets, and unmatched privacy await at this hidden gem tucked away on a quiet, low-traffic street. Positioned directly on the scenic Hammock Golf Course, this elevated 2-bedroom, 2-bathroom home blends effortless luxury with a playful, family-friendly "treehouse" charm. The heart of outdoor living centers around an expansive, newly updated pool deck, seamlessly paired with a second-story viewing deck engineered for entertaining against a backdrop of wide-open golf course vistas. Including a large bonus multi purpose room. Nestled on one of the lushest, most naturally breezy hammock parcels in Ocean Reef, the sprawling 20,780-square-foot oversized lot provides a rare sanctuary with boundless room for children and pets to run freely. While perfectly curated for modern living today, this property offers incredible long-term value. The massive lot size easily accommodates a grand expansion or the construction of a brand-new custom estate exceeding 5,000 square feet. Enjoy ultimate seclusion without sacrificing convenience. You are just a short golf cart ride away from Ocean Reef’s world-class amenities, including the Member Fitness Center, Lap Pool, the brand-new state-of-the-art Medical Center & Spa, and the prestigious K-8 Academy. Whether you are looking for an immediate slice of paradise or building a multi-generational legacy home, 16 Caloosa is a rare canvas ready for your vision.

$31,269/mo

Est. mortgage payment based on a $4,700,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
5063
Available since
October 23, 2026

Interior Features

Bedrooms
2
Bathrooms
2
Cooling
Yes
Basement
No

Exterior Features

Lot Size
0.48 Acres

Other Property Details

Taxes
$16,065
Tax Frequency
Annually

 Courtesy of | Ocean Reef Club Sotheby's International Realty

Based on information from DASH - Sotheby's International Realty (SIR) as of 11/11/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. 

©2026 DASH - Sotheby's International Realty (SIR). All rights reserved. 

Data last updated 5:57 AM UTC, 11/11/2026

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