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111 Reef Road, Palm Beach, FL 33480

$7,250,000

Virtual Tour

https://www.propertypanorama.com/111-Reef-Road-Palm-Beach-FL-33480/unbranded

Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 4,169 Status: Closed

Current Price: $7,250,000 List Date: 5/27/2022 Last Modified: 1/10/2026

Description

This 4 bed 3 bath, two car garage move-in ready beach home with room for a pool is not in a flood zone and is sited on a 10,000 ft lot, one in from the ocean with a 9-foot elevation. Thus, you may enjoy the house as is, renovate or build new with no expense to raise the property height as it already is above FEMA minimum. Compare this with lower elevation lots that require +/- $175/foot to raise. This special property is entitled to join a private gated oceanfront cabana with private beach access one block away. There are only three oceanfront cabanas like this on the island. This one has the widest beach. The cabana is shared by three streets and has a nice structure, furniture, a fire pit, and running water.

Supplements: Residents can reserve the cabana for parties or enjoy their private oceanfront paradise! Under-house sewer pipes were replaced four years ago, recent HVAC and renovated master bath. Looking for a good value on the Island of Palm Beach? You just found it.

More Information MLS# R10803741

Contract Information

Comp Sale YN: No Listing Date: 2022-05-27 Status: Closed Original List Price: 13500000 Sold Price: $7,250,000 Current Price: $7,250,000

Location and Legal

County Or Parish: Palm Beach County Parish Name: Palm Beach City Name: Palm Beach Postal Zip: 33480 Geographic Area: PB30 Special Assessment YN: No Street Number: 111 Street Name: Reef Street Suffix: Road State Or Province: FL Postal Code: 33480 Subdivision Name: NORTH SHORE Area: 5001 Parcel Number: 50434234090000063 Zoning: R-B(ci Directions: North End Palm Beach.

General Property Information

Living Area Main: 2853 Lot Size Dimensions: 95.0 ft x 105.0 ft Gated Community YN: No Lot Size Area: 10000 Senior Community YN: No Outdoor Living Spaces YN: Yes Furnished: Unfurnished Stories Total: 2 Stories: 2 Pool Private YN: No Property Sub Type: Single Family Residence Bedrooms Total: 4 Bathrooms Total: 4 Bathrooms Full: 3 Bathrooms Half: 1 Building Area Main: 4169 Building Area Source: Public Records Year Built: 1956 Garage YN: 1 Attached Garage YN: 1 Garage Spaces: 2 Covered Spaces: 2 Lot Size Acres: 0.23 Direction Faces: South

Financial Information

Association Deposit YN: No Membership Fee Required YN: No Tax Annual Amount: 38256 Tax Year: 2021 Tax Legal Description: NORTH SHORE ADD REPL LT 6-C

Office/Member Information

DXORIGMLSID: RML

Status Change Information

Buyer Financing: Cash Major Change Timestamp: 2023-03-31T16:28:13Z Major Change Type: Status Change Price Change Timestamp: 2022-11-22T20:23:11Z Status Change Date: 2023-03-31 Under Contract Date: 2023-02-13 Close Date: 2023-03-31 Close Price: 7250000

Amenities

None: 1

Dining Area

Formal Dining: 1

Entry Information

Entry Location: Entry Level Living Area Y

Flooring

Parquet: 1 Wood: 1

Parking Features

Attached Garage: 1 Garage: 1

Property Condition

Resale: 1

Short Sale Details

Short Sale Addendum: No

Possession

Close Of Escrow: 1

Special Information

Sold As-Is: 1

Utilities

Water Available: 1

View

Garden: 1

Heating

Central: 1

Water Access

None: 1

Appliances

Dishwasher: 1 Disposal: 1 Dryer: 1 Electric Range: 1 Oven: 1 Refrigerator: 1 Washer: 1

Construction Materials

CBS: 1 Stucco: 1

Interior Features

Entrance Foyer: 1

Land Lease Information

Land Lease Remarks: 0

Laundry Features

Inside: 1 Laundry Closet: 1

Levels

Multi/Split: 1

Listing Terms

Cash: 1 Conventional: 1 VA Loan: 1

Roof

Spanish Tile: 1

Security Features

Security System: 1

Water Source

Public: 1

Recreation Lease Information

Recreation Lease Remarks: 0

Cooling

Central Air: 1

Showing Requirements

Call Listing Agent: 1 Text Listing Agent: 1 See Remarks: 1

Main Level Rooms

Main Level Bathrooms: 3 Main Level Bedrooms: 3

Master Bedroom/Bath

Separate Shower: 1 Separate Tub: 1

Pets Allowed YN

Yes: 1

Restrictions

No Restrictions: 1

Storm Protection

Impact Glass: Partial

Tax Information

City/County: 1

Showing Details

Pet(s) on Premises: Yes

Outdoor Living Spaces

Patio: 1 Porch: 1

Patio Details

Patio - Covered: 1

Contingencies

None: 1

Room Types

Attic: 1 Bedroom 2: 1 Bedroom 3: 1 Dining Room: 1 Kitchen: 1 Kitchen Level: First Laundry: 1 Living Room: 1 Living Room Level: First Master Bedroom: 1 Master Bedroom Level: Second

Concessions

Seller Concessions: No

Contributions

Buyer Contributions: No

Price Calculations

Current Price To SqFt: 2541.18 Original List Price To Close Price: 1.86

Acreage Description

Less Than 1/4 Acre Lot: 1

Originating Details

Originating System Key: 20220525200819985552000000 Originating System ID: M00000170

Property Features

Dining Area: Formal Dining Flooring: Parquet; Wood Parking Features: Attached Garage; Garage Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Electric Range; Oven; Refrigerator; Washer Construction Materials: CBS; Stucco Cooling: Central Air Heating: Central Interior Features: Entrance Foyer Laundry Features: Inside; Laundry Closet Levels: Multi/Split Listing Terms: Cash; Conventional; VA Loan Pets Allowed YN: Yes Possession: Close Of Escrow Restrictions: No Restrictions Roof: Spanish Tile Security Features: Security System Special Information: Sold As-Is Tax Information: City/County Utilities: Water Available View: Garden Water Access: None Water Source: Public Showing Requirements: Call Listing Agent; Text Listing Agent; See Remarks Outdoor Living Spaces: Patio; Porch Patio Details: Patio - Covered Contingencies: None Room Types: Attic; Bedroom 2; Bedroom 3; Dining Room; Kitchen; Laundry; Living Room; Master Bedroom Acreage Description: Less Than 1/4 Acre Lot

Room Information

Living Room Length: 24.00 Length: 24.00 Width: 17.00 Width: 17.00 Level: First Dining Room Length: 24.00 Length: 24.00 Width: 13.00 Width: 13.00 Kitchen Length: 16.00 Length: 16.00 Width: 12.00 Width: 12.00 Level: First Master Bedroom Length: 17.00 Length: 17.00 Width: 14.00 Width: 14.00 Level: Second Bedroom 2 Length: 13.00 Length: 13.00 Width: 12.00 Width: 12.00 Bedroom 3 Length: 15.00 Length: 15.00 Width: 13.00 Width: 13.00 Attic Laundry

Listing Office: Compass Florida LLC

Last Updated: January - 10 - 2026

111 Reef Road, Palm Beach, FL 33480- MLS# R10803741

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