North Shore 4 bedroom Single Family House For Sale
111 Reef Road, Palm Beach, FL 33480

$7,250,000
Sold
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:R10803741
  • Virtual Tour: YES
  • List Price: $8,100,000
  • Sold Price: $7,250,000
  • Living Area: 2853 Ft² / 265 M²
  • Price Per Foot/Meter: $2,541 / $27,353
  • Bedrooms:4
  • Full Baths:3
  • Half Baths:1
  • Taxes:$38,256
  • Year Built:1956
  • Listing Date:May 27, 2022
  • Sold Date: March 31, 2023
  • Days On Market:307

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. 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.

Features


  • Floor:Hardwood, Parquet, Wood
  • Interior Feature:DiningArea, SeparateFormalDiningRoom, EntranceFoyer, Attic
  • Exterior Feature:Patio

Location


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker