111 Reef Road

Palm Beach, FL, 33480

$8,100,000

$2,839 per ft²
$8,100,000
$2,839 per ft²
Active
Active
 - For Sale
beds
4 Beds
baths
4 Baths
carpenters-square
2,853 ft²
property_type
Residential
calendar
Built 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.
MLS® ID:
R10803741
Listed:
5/26/22
Updated:
12/5/22

Interior Features

Kitchen Appliances
Built-In Oven, Dryer, Dishwasher, Electric Range, Disposal, Refrigerator, Washer
Total Bedrooms
4
Full Bathrooms
3
Half Bathrooms
1
Interior Features
Dining Area, Separate/Formal Dining Room, Entrance Foyer, Attic
Floor Description
Parquet, Tile, Wood
Cooling
Central Air
Heating
Central

Exterior/Building Features

Lot Size
10,000 ft² lot
Exterior Features
Patio, Patio
Lot Details
1/4 Acre
Roof
Spanish Tile, Tile

Other Property Details

Area Name
5001
Taxes
$38256
Tax Frequency
per YEAR
Association Fee Frequency
per MONTH
Association Amenities
Other
Garage
Yes
Garage Spaces
2
Parking
Attached, Driveway, Garage
View
Y
County
Palm Beach County
Utilities
Water Available
Water Source
Public
Pool
No
Pool Description
None
Total Stories
2

Property History

Date
Event
Price
Value
11/22/22
Price Change
$8,100,000
-8%
11/5/22
Price Change
$8,900,000
-6%
10/4/22
Price Change
$9,500,000
-17%
7/5/22
Price Change
$11,500,000
-14%

Courtesy of Compass Florida, LLC (PB), Liz DeWoody,
Listing Contact: (561) 308-0931 

All listings featuring the BMLS logo are provided by Association of Palm Beaches. This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by MLS.

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Data last updated 5:26 AM UTC, 12/5/22

 

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