111 Reef Road, Palm Beach, FL 33480 (MLS# R10803741)

111 Reef Road, Palm Beach, FL 33480

$7,250,000

Virtual Tour

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

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Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 4,169 Lot Size (sq. ft.): 10,019 Status: Closed

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

Overview

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.

Listing Details MLS# R10803741

General Property Information

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

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

Contract Information

Comp Sale YN: No
Listing Contract Date: 2022-05-27
Original List Price: 13500000

Location and Legal

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

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

Status Change Information

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
Buyer Financing: Cash

More Information

Entry Information

Entry Location: Entry Level Living Area Y

Short Sale Details

Short Sale Addendum: No

Main Level Rooms

Main Level Bathrooms: 3
Main Level Bedrooms: 3

Storm Protection

Impact Glass: Partial

Showing Details

Pet(s) on Premises: Yes

Concessions

Seller Concessions: No

Contributions

Buyer Contributions: No

Room Types

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

Price Calculations

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

Originating Details

Originating System Key: 20220525200819985552000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Amenities

None: Yes

Dining Area

Formal Dining: Yes

Flooring

Parquet: Yes
Wood: Yes

Parking Features

Attached Garage: Yes
Garage: Yes

Property Condition

Resale: Yes

Possession

Close Of Escrow: Yes

Special Information

Sold As-Is: Yes

Utilities

Water Available: Yes

View

Garden: Yes

Heating

Central: Yes

Water Access

None: Yes

Appliances

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

Construction Materials

CBS: Yes
Stucco: Yes

Interior Features

Entrance Foyer: Yes

Land Lease Information

Land Lease Remarks: No

Laundry Features

Inside: Yes
Laundry Closet: Yes

Levels

Multi/Split: Yes

Listing Terms

Cash: Yes
Conventional: Yes
VA Loan: Yes

Roof

Spanish Tile: Yes

Security Features

Security System: Yes

Water Source

Public: Yes

Recreation Lease Information

Recreation Lease Remarks: No

Cooling

Central Air: Yes

Showing Requirements

Call Listing Agent: Yes
Text Listing Agent: Yes
See Remarks: Yes

Master Bedroom/Bath

Separate Shower: Yes
Separate Tub: Yes

Pets Allowed YN

Yes: Yes

Restrictions

No Restrictions: Yes

Tax Information

City/County: Yes

Outdoor Living Spaces

Patio: Yes
Porch: Yes

Patio Details

Patio - Covered: Yes

Contingencies

None: Yes

Acreage Description

Less Than 1/4 Acre Lot: Yes

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

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