Sold for $7,250,000

$7,250,000

111 Reef Rd, Palm Beach, FL 33480

4beds

2,853sqft

Single Family Residence, Residential

Built in 1956

10,018.8 Square Feet Lot

$7,551,100 Zestimate^®

$2,541/sqft

$43,598 Estimated rent

Home value

$7,551,100

$6.72M - $8.68M

$43,598/mo

Zestimate^® history

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$43,598/mo

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$43,598/mo

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$50,004/mo

Est. payment

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$50,004/mo

Est. payment

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What's special

Rare north-end 4 BR, 3.1 BA, with 2-car garage offering an easy laid-back opportunity to embrace Palm Beach's unique tranquility only one house away from the ocean & close Bike Trail access. Relax in the covered-loggia or the nearby shared oceanfront cabana with a covered area, patio furniture, fire pit & running water. This home is on one of the highest elevations on Reef Road. Move-in ready with a new primary bath & impact windows. Should you prefer to renovate more fully, the property includes Architectural Commission approved plans by Tralango & Taylor including a bar, gym, 50' lap pool, outdoor fireplace, landscaping & other luxury features. The north-end is home to the quietest beaches on Palm Beach & is only a 10 minute drive from The Royal, Worth Ave., restaurants & markets

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 4
Full bathrooms: 3
1/2 bathrooms: 1

Heating

Central

Cooling

Central Air

Appliances

Included: Refrigerator, Electric Range

Features

Flooring: Tile, Parquet, Hardwood
Windows: Impact Glass-Partial

Interior area

Total structure area: 4,169
Total interior livable area: 2,853 sqft

Property

Parking

Total spaces: 2
Parking features: Attached
Attached garage spaces: 2

Features

Pool features: None
Waterfront features: None

Lot

Size: 10,018 sqft
Dimensions: 95

Details

Parcel number: 50434234090000063
Zoning: RB

Construction

Type & style

Home type: SingleFamily
Architectural style: Bermuda
Property subtype: Single Family Residence, Residential

Materials

Block, Stucco
Roof: Metal

Condition

Year built: 1956

Utilities & green energy

Water: Public

Community & neighborhood

Location

Region: Palm Beach
Subdivision: Tropic Isle

Other

Other facts

Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional

Price history

Date	Event	Price
12/29/2023	Sold	$7,250,000-14.7%$2,541/sqft
Source: Palm Beach BOR #23-1703 Report a problem
12/12/2023	Pending sale	$8,495,000$2,978/sqft
Source: BeachesMLS #RX-10930774 Report a problem
10/26/2023	Listed for sale	$8,495,000+17.2%$2,978/sqft
Source: BeachesMLS #RX-10930774 Report a problem
3/31/2023	Sold	$7,250,000-10.5%$2,541/sqft
Source: BeachesMLS #R10803741 Report a problem
2/21/2023	Pending sale	$8,100,000$2,839/sqft
Source: BeachesMLS #RX-10803741 Report a problem