CLOSED
111 Reef Road
Palm Beach, FL 33480
-40% ($5,400,000)
111 Reef Road
Palm Beach, FL 33480
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.
Property Details
| Price | $7,250,000 |
| Square Feet | 2,853 |
| Beds | 4 |
| Taxes | $38,256 / year |
| Subdivision | NORTH SHORE |
| Waterfront | No |
| HOA Fees | $0 / Monthly |
| Type | Residential |
| Price Per Sq Ft | $2,839 |
| Baths | 3 |
| MLS# | R10803741 |
| Year Built | 1956 |
| Status | Closed |
Property Details
| Price | $7,250,000 |
| Price Change | -40% ($5,400,000) |
| Square Feet | 2,853 |
| Beds | 4 |
| Baths | 3 |
| Price Per Sq Ft | $2,839 |
| MLS# | R10803741 |
| Year Built | 1956 |
| Status | Closed |
| Type | SingleFamilyResidence |
| Taxes | $38,256 / year |
| HOA Fees | $0 / Monthly |
| Subdivision | NORTH SHORE |
| Waterfront | No |
Location
Listing Courtesy of Compass Florida LLC (PB)
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Listing information last updated on Apr 20, 2024.
