111 Reef Road
111 Reef Road
111 Reef Road
111 Reef Road
111 Reef Road
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111 Reef Road
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111 Reef Road
111 Reef Road
111 Reef Road
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Sold

111 Reef Road

111 Reef Road, Palm Beach, FL 33480

$7,250,000
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.

4
beds

4
baths

2,853 Sq.Ft. LIVING AREA

10,000 Sq.Ft. lot

Features & Amenities

Interior

  • total bedrooms4
  • Total bathrooms4
  • full bathrooms3
  • half bathroom1
  • Flooring Parquet, Tile, Wood
  • APPLIANCES Built-In Oven, Dryer, Dishwasher, Electric Range, Disposal, Refrigerator, Washer
  • other interior Features Dining Area, Separate/Formal Dining Room, Entrance Foyer, Separate Shower, Attic

Area & Lot

  • Status Sold
  • Living Area2,853 Sq.Ft.
  • Total Area4,169 Sq.Ft.
  • Lot Area10,000 Sq.Ft.
  • MLS® IDR10803741
  • TypeResidential
  • YEAR BUILT1956
  • View DescriptionGarden

Exterior

  • STORIES2
  • Garage Space2.0
  • water SourcePublic
  • utilitiesWater Available
  • PoolNone
  • roofSpanish Tile, Tile
  • lot features1/4 Acre
  • parkingAttached, Driveway, Garage
  • HEAT TYPECentral
  • AIR CONDITIONINGCentral Air
  • HOA AmenitiesOther
  • security FeaturesSecurity System
  • other exterior FeaturesPatio

Financial

  • Sales Price$7,250,000
  • Real Estate Tax $38,256/yr
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