Ocean Reef Real Estate Market Update: March 4, 2013

What’s New On the Market 

• 39 Cardinal Lane: $5,975,000

Canal front 2-story with ocean view! Features include state-of-the-art kitchen, soaring ceilings, gorgeous pool with spectacular gazebo/bar/spa. Outstanding sun & moon rises. Great room, family room, mega storage for boats, trailers, cars, scooters, golf carts, etc plus attic storage. 66’ dock with davits, 50 amp service and 5’ draft for a max 63’ boat. Beautiful landscaping for privacy with some new upgrades.

• 48 Sunrise Cay: $4,700,000

Spacious 3-story family home with dock, easy ocean/bay access and long water views. Elevator access from the two-car plus cart garage to the first level consisting of large/legal living area with full bath and kitchenette, A/C storage, then up to the main living area and then up to the third floor master suite, his/her baths, and separate den/office with ocean views. The pool patio offers a gazebo, wet bar, large covered lanai and tiled pool. Four bedrooms, plus the bonus area, four full baths and the den/office plus casual and formal dining areas. Beautiful long water view.

• 65 Tarpon: $3,900,000

Lovely ranch style waterfront home located on a deep water canal with a 136ft. new seawall and dockage to accommodate 100 ft. yacht or several smaller vessels and water toys! This meticulously maintained three bedroom, three bathroom home has vaulted ceilings, a large master bedroom suite, office with custom woodwork, dining room with bay window. The updated kitchen includes counter top seating and breakfast nook overlooking the spacious pool patio. Relax in the outdoor living space which offers a large terrace,  pool side bar, swimming pool and spa. This splendid home has a laundry room with new washer and dryer, two car garage, and brick paved driveway. A magnificent Florida Keys home with beautiful, lush tropical landscaping on a direct to ocean canal!

• 204 Andros Drive: $2,975,000

This a definite WOW! Brand new construction in the Villa Cay Section with Spectacular Ocean Views from the Pool Deck and Private 3rd floor balcony. Infinity Edge Pool & Spa, Summer Kitchen, Fireplace on covered patio area by pool, third level deck with gas fire pit, elevator from under house to all floors, outdoor shower off the master bathroom, paver driveway, walkway and under house garage. Granite Counter Tops or Silestone Quartz Throughout. Stainless Wolf/Sub Zero Appliances, gas stove, wall oven/refrigerator/microwave/wine refrigerator, glass tile back splash, custom solid wood kitchen and bath cabinets separate laundry room, impact windows and doors. Carpeting in all bedrooms. Luxurious Master Bath with Spa Shower and free standing tub. Expansive patios on 2nd and 3rd floors. First new construction in the Villa Cay Section for 3 Years - It won’t last long.

• 175 South Harbor Drive: $2,490,000

Project/will build. New Construction. Plans and Permit in hand. Very rare cleared lakefront lot in Hammock Course area.

• 1 Torchwood: $1,250,000

Immaculate well maintained 3 bedroom golf course home. Sunny Southeast exposure. First home on quiet street with open landscaped lot on master bedroom side of home. Ready to move right in. A must see for golf course buyers

• 24 Bay Ridge Road: $1,200,000

Charming 3 bedroom, 3 bath plus a convertible den - one level home on 1-1/2 lots centered around an oversized pool with waterfall spa, wide covered lanai and wet bar with built-in barbeque - great home for entertaining. Bright open feeling with a rear/side open deck and a fenced garden area off the master bath for added privacy. Circular paver driveway and centrally located to all Club amenities. Authentic Mexican tile throughout.

• 20 Halfway Road: $1,995,000

Fantastic Fairway View from this spacious 4 bedroom, 4 bath recently renovated Dolphin Course home. Sleek finishes delight the interior while outside entertainment space around the pool is plentiful. Lush landscaping surrounds the front and sides. Relax and watch the putters of the 8th green! Income potential over $50K

• 21 Caloosa Road: $1,700,000

Great long views of the lake; four bedroom, four bath with fabulous pool and out door deck; patio overlooking the lake.  Own private beach. Wonderful home for kids, very convenient to academy, fitness center and new spa.

• Fairway Lakes 31B: $895,000

Beautiful turn-key Condo with spectacular expansive LAKE VIEWS! Located in the most desirable area in Fairway Lakes. Handicap accessible with elevator, detached cart building, private cul-de-sac, brick paved circular drive meticulously maintained & landscaped second to none. Private full size laundry equipment. Great investment property in Ocean Reef Club’s Vacation Rental Program. One-of-a-kind, wood & limestone flooring, flat screen televisions high end finishes throughout. Surrounded by private residences with no construction, located on a private street with no vehicle noise. Private screen enclosed porch/patio for catching up on the days news offering a birds eye view of the wild life that is drawn to this beautifully pristine serene lake. This is a must see, look no more, this is a one of a kind must have! Never before offered for sale!

• 5 Country Club Road: $795,000

Dolphin area lot with the size of 153’ on street, back is 150’, South side 134’ and North side is 168.’

• Angelfish Cay 31A: $725,000

Beautifully remodeled 2 bedroom and 2 bath condominium with long view down canal. Extended living room, wood floors, very warm and inviting Nantucket decor.

• Angelfish Cay 15B: $335,000

Beautiful private upstairs corner unit renovated in 2011. Modern with beach theme and hardwood-laminated floors.  Nice canal view.  Building has new metal roof and upgraded landscaping.  Beautifully maintained and priced to sell.

• Dock F-6: $325,000

This dock slip will accommodate up to a 50’ boat with up to a 18’ beam. Electrical power 250 amp and 130 amp with a lower finger pier. Dock services include daily newspaper delivery, shower, coin laundry, rest room facilities and fitness center. A waste pump out provided at every slip, room service available, cable television and telephone hook up. Dock office provides fuel dock, ice, check boats daily in owners absence, also greet and assist in docking and releasing.

Price Changes

• 558 Ocean Cay: From $2,999,000 to $2,899,000
• 23 Cinnamon Bark Lane: From $1,399,000 to $1,395,000
• 1 Exuma: From $2,495,000 to $2,295,000
• 3 Harbor Lane: From $5,495,000 to $5,295,000
• 11 Sunrise Cay: From $8,750,000 to $7,750,000
• 64 Sunset Cay:  From $4,900,000 to $4,600,000
• 19 North Pelican Drive:  From $2,175,000 to $1,990,000
• 14 North Pelican Drive:  From $3,195,000 to $2,995,000
• Fairway Lakes 32B:  From $625,000 to $575,000
• 40-42 Cardinal Lane: From $11,000,000 to $9,900,000
• Fairway Lakes 52A:  From $425,000 to $359,000
• Fisherman’s Cove 19B:  From $625,000 to $590,000
• Fisherman’s Cove 27B:  From $965,000 to $895,000
• Pumpkin Cay 30B:  From $1,225,000 to $790,000
• Fisherman’s Cove 18B:  From $785,000 to $774,999
• Pumpkin Cay 42A:  From $2,300,000 to $2,100,000
• Pumpkin Cay 38A:  From $2,895,000 to $2,750,000
• 1 Hardwood Hammock:  From $1,595,000 to $1,390,000
• Harbour House 35:  From $2,295,000 to $1,950,000
• Cay Harbor 7E:  From $850,000 to $765,000
• Harbour Green 49:  From $2,600,000 to $1,999,000
• Moorings 36A:  From $990,000 to $995,000
• Fairway Lakes 54B:  From $449,000 to $395,000
• Golf Village 5A:  From $225,000 to $199,000
• Pumpkin Cay 85A:  From $2,100,000 to $1,895,000
• Fairway Lakes 14A:  From $495,000 to $450,000
• 1 Caloosa Road:  From $2,950,000 to $2,750,000
• 26 Country Club:  From $1,295,000 to $1,150,000
• 165 South Harbor Drive:  From $2,250,000 to $1,999,000
• 4 South Road:  From $1,500,000 to $1,350,000
• 9 Bay Ridge Road:  From $5,600,000 to $5,100,000
• 12 Ocean Reef Drive:  From $979,000 to $799,000
• 93 Snapper Lane:  From $850,000 to $795,000
• Fisherman’s Cove 26B:  From $
• Fairway Lakes 31B:  From $895,000 to $849,000
• Dock DS-19:  From $740,000 to $779,000

Sold

• Marina Village 13A
• Fairway Lakes 52A
• Fairway Lakes 15B

Your Ocean Reef Real Estate Connection

Office: 305 -367-2336 Mobile: 917-603-3252

Email:Mary@MaryLeePresentsOceanReefProperties.com

If you are interested in determining the value of your home in Ocean Reef or would like to discover the benefits of membership in one of the world’s finest private clubs, please call or email me — Mary Lee