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111 Reef Road, Palm Beach, FL 33480

Property Type: Residential Bedrooms: 4 Baths: 3.1 Square Footage: 2,853 Status: Closed
Current Price: $7,250,000 Last Modified: 3/31/2023


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# RX-10803741

Contract Information

Listing Date: 2022-05-27 Status: Closed Original List Price: 13500000 Auction: No Sold Price: $7,250,000 Current Price: $7,250,000 List Price/SqFt: 2839.11 Comm/Non-Rep: 0% Comm/Buyer Agent: 2.5% Comm/Trans Brk: 2.5%

General Property Description

Type: Single Family Detached Governing Bodies: None Main Level Bedrooms: 3 Total Bedrooms: 4 Main Level Bathrooms: 3 Baths - Full: 3 Baths - Half: 1 Baths - Total: 3.1 Property Condition: Resale Year Built: 1956 SqFt - Total: 4169 SqFt - Living: 2853 SqFt Source: Tax Rolls Gated Community: No Garage Spaces: 2 Covered Spaces: 2 Homeowners Assoc: None Association Deposit: No Membership Fee Required: No Directions: North End Palm Beach. Subdivision: NORTH SHORE Legal Desc: NORTH SHORE ADD REPL LT 6-C Lot SqFt: 10000 Lot Dimensions: 95.0 ft x 105.0 ft Waterfront: No Front Exp: South Private Pool: No Pets Allowed: Yes Pets on Premises: Yes Total Floors/Stories: 2

Location, Tax & Legal

Area: 5001 Geo Area: PB30 County: Palm Beach Parcel ID: 50434234090000063 Street #: 111 Street Name: Reef Street Suffix: Road State/Province: FL Zip Code: 33480 Zoning: R-B(ci Tax Year: 2021 Taxes: 38256 Special Assessment: No Short Sale: No Short Sale A/U: N/A Short Sale Addendum: No REO: No HOPA: No Hopa Geo Lat: 26.763718 Geo Lon: -80.038033

Office/Member Info


Status Change Info

Under Contract Date: 2023-02-13 Sold Date: 2023-03-31 Sold Price: $7,250,000 Terms of Sale: Cash Sold Price/SqFt: 2541.18

Storm Protection

Impact Glass: Partial


Seller Concessions: No


Buyer Contributions: No

Property Features

Design: < 4 Floors; Multi-Level Unit Desc: Multi-Level Construction: CBS; Stucco View: Garden Waterfront Details: None Lot Description: < 1/4 Acre Exterior Features: Covered Patio Interior Features: Entry Lvl Lvng Area; Foyer Porch/Patio/Balcony: Porch Master Bedroom/Bath: Separate Shower; Separate Tub Furnished: Unfurnished Rooms: Attic; Laundry-Util/Closet Parking: Driveway; Garage - Attached Subdiv. Amenities: None Restrict: None Security: Burglar Alarm Flooring: Parquet Floor; Tile; Wood Floor Heating: Central Cooling: Central Equip/Appl Included: Dishwasher; Disposal; Dryer; Range - Electric; Refrigerator; Wall Oven; Washer Dining Area: Formal Roof: S-Tile Terms Considered: Cash; Conventional; VA Utilities: Public Water Special Info: Sold As-Is Taxes: City/County Possession: At Closing Showing Instructions: Text Listing Agent Contingencies: None

Room Information

Living Room Length: 24.00 Width: 17.00 Length: 24.00 Level: First Width: 17.00 Dining Room Length: 24.00 Width: 13.00 Length: 24.00 Width: 13.00 Kitchen Length: 16.00 Width: 12.00 Length: 16.00 Level: First Width: 12.00 Master Bedroom Length: 17.00 Width: 14.00 Length: 17.00 Level: Second Width: 14.00 Bedroom 2 Length: 13.00 Width: 12.00 Length: 13.00 Width: 12.00 Bedroom 3 Length: 15.00 Width: 13.00 Length: 15.00 Width: 13.00
Listing Office: Compass Florida, LLC (PB)
Last Updated: March - 31 - 2023
111 Reef Road, Palm Beach, FL 33480- MLS# RX-10803741
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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