$8,100,000
111 Reef Road
Palm Beach, FL 33480
MLS# RX-10803741
4 beds  |  3.1 baths  |  2853 sqft

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111 Reef Road, Palm Beach, FL 33480
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111 Reef Road, Palm Beach, FL 33480 111 Reef Road, Palm Beach, FL 33480 111 Reef Road, Palm Beach, FL 33480 111 Reef Road, Palm Beach, FL 33480 111 Reef Road, Palm Beach, FL 33480 111 Reef Road, Palm Beach, FL 33480 111 Reef Road, Palm Beach, FL 33480 111 Reef Road, Palm Beach, FL 33480 111 Reef Road, Palm Beach, FL 33480 111 Reef Road, Palm Beach, FL 33480 Virtually Staged Terrace Virtually Staged Pool addition Virtually Staged Kitchen Virtually Staged Dining Room Virtually Staged Living Room 111 Reef Road, Palm Beach, FL 33480 111 Reef Road, Palm Beach, FL 33480 111 Reef Road, Palm Beach, FL 33480 111 Reef Road, Palm Beach, FL 33480 111 Reef Road, Palm Beach, FL 33480 111 Reef Road, Palm Beach, FL 33480 111 Reef Road, Palm Beach, FL 33480 111 Reef Road, Palm Beach, FL 33480 111 Reef Road, Palm Beach, FL 33480 111 Reef Road, Palm Beach, FL 33480 111 Reef Road, Palm Beach, FL 33480 111 Reef Road, Palm Beach, FL 33480 111 Reef Road, Palm Beach, FL 33480 111 Reef Road, Palm Beach, FL 33480 111 Reef Road, Palm Beach, FL 33480 111 Reef Road, Palm Beach, FL 33480 111 Reef Road, Palm Beach, FL 33480

Property 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.

Details
Maps
Contract Information
Listing Date: 2022-05-27
Status: Active
Original List Price: 13500000
Auction: No
List Price: $8,100,000
Current Price: $8,100,000
List Price/SqFt: 2839.12
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
DXORIGMLNO: RX-10803741
DXORIGMLSID: RML
Storm Protection
Impact Glass: Partial
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
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.
Room Information
Room Name Length Width Length Level Width
Living Room24.0017.0024.00First17.00
Dining Room24.0013.0024.0013.00
Kitchen16.0012.0016.00First12.00
Master Bedroom17.0014.0017.00Second14.00
Bedroom 213.0012.0013.0012.00
Bedroom 315.0013.0015.0013.00

Listing Office: Compass Florida, LLC (PB)

Last Updated: December - 12 - 2022

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Wednesday 1st of February 2023 04:29 PM

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