111 Reef Lane, Key Biscayne, FL 33149

$10,850,000
Property Type: Residential Bedrooms: 7 Baths: 6 Square Footage: 5,008 Status: Closed
Current Price: $10,850,000 List Date: 1/12/2026 Last Modified: 8/07/2026

Overview

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.

Listing Details MLS# A11928646

General Property Information

Property Sub Type
Single Family Residence
Bedrooms Total
7
Bathrooms Total
6
Bathrooms Full
5
Bathrooms Half
Yes
Building Area Main
5008
Living Area Main
5008
Adjusted Area Main
5008
Year Built
2014
Carport YN
Yes
Attached Carport YN
Yes
Carport Spaces
4
Covered Spaces
4
Lot Size Area
13500
Lot Size Acres
0.31
Senior Community YN
No
Outdoor Living Spaces YN
Yes
Stories Total
2
Direction Faces
East
Pool Private YN
Yes

Property Features

Application Information: Association Approval Required Association Amenities: Gated Association Fee Includes: Common Areas; Maintenance Grounds; Security Exterior Features: Awning(s) Flooring: Marble Leasing Permitted Details: Okay To Lease Parking Features: Covered; Driveway; Attached Carport; Carport Property Condition: Resale Appliances: Dryer; Electric Range; Oven; Refrigerator; Washer Construction Materials: CBS Cooling: Central Air Association Type: Condominium Heating: Central Interior Features: Built-in Features; Entrance Foyer; High Ceilings; Kitchen Island; Walk-In Closet(s) Levels: Two Listing Terms: Cash; Conventional Pets Allowed YN: Yes Pets Allowed: Pet Restrictions Possible Pool Features: In Ground Possession: Negotiable Roof: Concrete Sewer: Public Sewer Special Information: Sold As-Is View: Pool Water Access: Deeded Beach Access Water Source: Public Showing Requirements: Call Listing Agent Outdoor Living Spaces: Patio Contingencies: None Room Types: Den; Family Room; Laundry; Maid/In-Law Quarters Acreage Description: 1/4 To Less Than 1/2 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
11500000
Occupant Type
Call Listing Agent

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
111
Street Name
Reef
Street Suffix
Lane
City Name
Key Biscayne
Municipal Code
24
State Or Province
FL
Postal Code
33149
Postal Code +4
1806
Postal Zip
33149
Subdivision Name
OCEANA KEY BISCAYNE CONDO
Area
2420
Elementary School
Key Biscayne K-8
Middle Or Junior School
Ponce De Leon
High School
Coral Gables
Parcel Number
2442320291530
Subdivision Number
29
Zoning
5000
Flood Zone
AE

Financial Information

Association YN
Yes
Association Fee
9740
Association Fee Frequency
Monthly
Estimated Monthly Assoc Recurring Fee
9740
Membership Fee Required YN
No
Tax Annual Amount
69529
Tax Year
2025
Tax Legal Description
OCEANA KEY BISCAYNE CONDO UNIT VILLA 11 UNDIV 1.102900% INT IN COMMON ELEMENTS OFF REC 29249-0603

Status Change Information

Major Change Timestamp
2026-08-07T04:00:00Z
Major Change Type
Status Change
Status Change Date
2026-08-07
Under Contract Date
2026-07-07
Close Date
2026-08-07
Close Price
10850000
Buyer Financing
Cash

More Information

Entry Information

Entry Level
Yes

Leasing Permitted Details

Leasing Permitted YN
Yes

Storm Protection

Impact Glass
Partial

Buyer Details

Intended Use
Unknown/Withheld

Concessions

Seller Concessions
No

Price Calculations

Current Price To SqFt
2166.53

Section Details

Parcel Number MLX
1530

Originating Details

Originating System Key
424173191
Originating System ID
M00000151

Room Information

Room Name
Den
Family Room
Maid/In-Law Quarters
Laundry
IDX
Listing Office: Compass Florida, LLC
Last Updated: August - 07 - 2026
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