111 Reef Road, Palm Beach, FL 33480
$7,250,000
Property Type:
Residential
Bedrooms:
4
Baths:
3.1
Square Footage:
2,853
Status:
Closed
Current Price:
$7,250,000
Last Modified:
1/29/2024
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# RX-10803741
Contract Information
Auction: No
List Price/SqFt: 2839.11
Listing Date: 2022-05-27
Status: Closed
Original List Price: 13500000
Sold Price: $7,250,000
Current Price: $7,250,000
General Property Description
Governing Bodies: None
Main Level Bedrooms: 3
Main Level Bathrooms: 3
Property Condition: Resale
Lot Dimensions: 95.0 ft x 105.0 ft
SqFt - Total: 4169
Waterfront: No
SqFt Source: Tax Rolls
Waterfrontage: 0
Gated Community: No
Covered Spaces: 2
Homeowners Assoc: None
Pets Allowed: Yes
Pets on Premises: Yes
Front Exp: South
HOA/POA/COA (Monthly): 0
Association Deposit: No
Directions: North End Palm Beach.
Membership Fee Required: No
Private Pool: No
Type: Single Family Detached
Total Bedrooms: 4
Baths - Full: 3
Baths - Half: 1
Baths - Total: 3.1
Year Built: 1956
SqFt - Living: 2853
Garage Spaces: 2
Subdivision: NORTH SHORE
Legal Desc: NORTH SHORE ADD REPL LT 6-C
Lot SqFt: 10000
Total Floors/Stories: 2
Location, Tax & Legal
Geo Area: PB30
State/Province: FL
HOPA: No Hopa
Short Sale: No
Tax Year: 2021
Zoning: R-B(ci
Short Sale A/U: N/A
Short Sale Addendum: No
Taxes: 38256
Special Assessment: No
REO: No
Area: 5001
County: Palm Beach
Parcel ID: 50434234090000063
Street #: 111
Street Name: Reef
Street Suffix: Road
Zip Code: 33480
Geo Lat: 26.763718
Geo Lon: -80.038033
Office/Member Info
DXORIGMLNO: RX-10803741
DXORIGMLSID: RML
Status Change Info
Terms of Sale: Cash
Sold Price/SqFt: 2541.18
Under Contract Date: 2023-02-13
Sold Date: 2023-03-31
Sold Price: $7,250,000
Lease Info
Land Lease: 0
Recreation Lease: 0
Min Days to Lease: 0
Lease Times p/Year: 0
Design
< 4 Floors: 1
Multi-Level: 1
Unit Desc
Multi-Level: 1
Construction
CBS: 1
Stucco: 1
Master Bedroom/Bath
Separate Shower: 1
Separate Tub: 1
View
Garden: 1
Rooms
Attic: 1
Laundry-Util/Closet: 1
Waterfront Details
None: 1
Lot Description
< 1/4 Acre: 1
Special Info
Sold As-Is: 1
Equip/Appl Included
Dishwasher: 1
Disposal: 1
Dryer: 1
Range - Electric: 1
Refrigerator: 1
Wall Oven: 1
Washer: 1
Cooling
Central: 1
Heating
Central: 1
Exterior Features
Covered Patio: 1
Furnished
Unfurnished: 1
Interior Features
Entry Lvl Lvng Area: 1
Foyer: 1
Flooring
Parquet Floor: 1
Tile: 1
Wood Floor: 1
Porch/Patio/Balcony
Porch: 1
Utilities
Public Water: 1
Parking
Driveway: 1
Garage - Attached: 1
Restrict
None: 1
Security
Burglar Alarm: 1
Roof
S-Tile: 1
Subdiv. Amenities
None: 1
Terms Considered
Cash: 1
Conventional: 1
VA: 1
Possession
At Closing: 1
Showing Instructions
Text Listing Agent: 1
Storm Protection
Impact Glass: Partial
Dining Area
Formal: 1
Taxes
City/County: 1
Contingencies
None: 1
Concessions
Seller Concessions: No
Contributions
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
Furnished: Unfurnished
Rooms: Attic; Laundry-Util/Closet
Parking: Driveway; Garage - Attached
Restrict: None
Security: Burglar Alarm
Flooring: Parquet Floor; Tile; Wood Floor
Heating: Central
Cooling: Central
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
Last Updated: January - 29 - 2024
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2024 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.