Sold
111 Reef Road
Palm Beach FL, 33480
$7,250,000
$2,541.18 per sqft
Sold
4 Beds
3.5 Baths
2,853 sqft
Residential
Built in 1956
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.
R10803741
MLSⓇ ID
May 27, 2022
Listed
February 16, 2024
Updated
Map
111 Reef Road
Palm Beach FL, 33480
Interior Features
Total Stories
2
Bedrooms
4 Beds
Bathrooms
3.5 Baths
Interior Features
Dining Area, Separate/Formal Dining Room, Entrance Foyer, Separate Shower, Attic
Appliances
Built-In Oven, Dryer, Dishwasher, Electric Range, Disposal, Refrigerator, Washer
Floor Description
Parquet, Tile, Wood
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.23 Acres
Exterior Features
Patio
Lot Features
1/4 Acre
Roof
Spanish Tile, Tile
Other Property Details
Area Name
5001
Taxes
$38,256
Tax Frequency
Annually
Days on Market
262
Association Fee Frequency
Monthly
Association Amenities
Other
Garage
Yes
Garage Spaces
2
Parking
Attached, Driveway, Garage
View
Yes
View Description
Garden
County
Palm Beach County
Water Source
Public
Pool
No
Pool Features
None
Buyer Agency Compensation
2.5%
Listing History
Date | Event | Price |
---|---|---|
11/10/2023 | Sold | $7,250,000 |
Listed by: Compass Florida LLC (PB)
Listing Contact: (561) 308-0931
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Data last updated 4:33 AM UTC, 2/16/2024