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 Com. (ARCOM) 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.
Single-familyProperty Type
1956Year Built
10,000 sq ftLot Size
$2,860Est. Price/Sq.Ft.
2 car garageParking
Listed by Suzanne Trapani Frisbie• The Corcoran Group
Bought with Stephanie Schwed• Nest Seekers Florida, LLC
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
Public Records
Apr 3, 2023
Sold
$6,818,700
$2,390/sq ft
Beaches MLS #R10803741
Mar 31, 2023
Sold
$7,250,000
$2,541/sq ft
Feb 21, 2023
Pending
—
Nov 22, 2022
Price Changed
$8,100,000
$2,839/sq ft
Nov 5, 2022
Price Changed
$8,900,000
$3,120/sq ft
Oct 4, 2022
Price Changed
$9,500,000
$3,330/sq ft
Jul 5, 2022
Price Changed
$11,500,000
$4,031/sq ft
May 27, 2022
Listed
$13,500,000
$4,732/sq ft
+27
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.
PBBOR #22-867
Mar 31, 2023
Sold
$7,250,000
$2,541/sq ft
May 26, 2022
Listed
$8,100,000
$2,839/sq ft
Beaches MLS #R10329180
Jul 25, 2017
Sold
$2,674,825
$938/sq ft
Jul 11, 2017
Pending
—
Apr 27, 2017
Listed
$2,950,000
$1,034/sq ft
PBBOR #17-1085
Jul 25, 2017
Sold
$2,674,825
$938/sq ft
Apr 26, 2017
Listed
$2,950,000
$1,034/sq ft
Beaches MLS #R2414351
Aug 17, 2004
Sold
$1,500,000
$526/sq ft
Jul 31, 2004
Listing Removed
—
Mar 12, 2004
Listed
$1,795,000
$629/sq ft
Public Records
Dec 3, 1990
Sold
$518,500
$182/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$86,823 (−3.4%)
$5,320,900 + $470,960
$5,791,860
2024
$89,881 (+44.3%)
$5,560,000 + $437,646
$5,997,646
2023
$62,270 (+30.1%)
$5,560,000 + $437,646
$5,997,646
2022
$47,850 (+25.1%)
2021
$38,256 (+9.1%)
2020
$35,055 (+2.0%)
$2,035,000 + $49,787
$2,084,787
2019
$34,380 (+3.1%)
$2,035,000 + $49,787
$2,084,787
2018
$33,338 (+23.4%)
$1,850,000 + $154,271
$2,004,271
2017
$27,014 (+0.8%)
2016
$26,811 (−3.3%)
2015
$27,724 (−0.5%)
2014
$27,857 (+22.8%)
2013
$22,689 (+3.5%)
2012
$21,925 (−6.6%)
2011
$23,471
Tax history for 111 Reef Rd
Year
Property tax
Land + Additions
Assessment*
2025
$86,823 (−3.4%)
$5,320,900 + $470,960
$5,791,860
2024
$89,881 (+44.3%)
$5,560,000 + $437,646
$5,997,646
2023
$62,270 (+30.1%)
$5,560,000 + $437,646
$5,997,646
2022
$47,850 (+25.1%)
2021
$38,256 (+9.1%)
2020
$35,055 (+2.0%)
$2,035,000 + $49,787
$2,084,787
2019
$34,380 (+3.1%)
$2,035,000 + $49,787
$2,084,787
2018
$33,338 (+23.4%)
$1,850,000 + $154,271
$2,004,271
2017
$27,014 (+0.8%)
2016
$26,811 (−3.3%)
2015
$27,724 (−0.5%)
2014
$27,857 (+22.8%)
2013
$22,689 (+3.5%)
2012
$21,925 (−6.6%)
2011
$23,471
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
4
Baths
3.5
Stories
2
Lot width
95 ft.
Lot depth
105 ft.
Lot size
10,000 Sq. Ft.
Year renovated
1995
Sq. Ft.
2,853
Year built
1956
Style
Single Family Residential
County
Palm Beach County
APN
50434234090000063
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 2, 2026.
R-B
Low Density Residential District
The purpose of the R-B low density residential district is to provide for low density single-family residential use, as that term is defined in section 134-2, of moderately spacious character together with publicly operated recreational facilities and accessory uses as may be necessary or are normally compatible with residential surroundings. This district is located to protect and preserve existing development of this character and contains vacant land considered appropriate for such development in the future.
Permitted uses
Include but are not limited to:
Housing-Single unit
Fire house
Police station
Property details
Parking
Parking Information
Has Garage
Garage Spaces: 2
Attached Garage: Yes
Covered Spaces: 2
Parking Features: Garage, Attached Garage
Interior
Virtual Tour Information
Bathroom Information
Bathrooms Full: 3
Bathrooms Half: 1
Bathrooms Total Integer: 4
Main Level Bathrooms: 1
Bedroom Information
Main Level Bedrooms: 1
Interior Features
Interior Features: None, Cabana Bath
Appliances: Dishwasher, Refrigerator
Furnished: Unfurnished
Flooring: Ceramic Tile, Parquet, Wood
Laundry Features: Inside
Exterior
Building Information
Stories Total: 2
Building Area Total: 4,169
Building Area Source: Public Records
Construction Materials: CBS
Exterior Features
Patio And Porch Features: Patio - Covered, Patio
Roof: Metal
Property Information
Property Sub Type: Single Family Residence
Property Condition: Resale
Living Area: 2,853
Lot Information
Lot Size Dimensions: 95.0 ft x 105.0 ft
Waterfront YN: No
Waterfront Features: None
Financial
Tax Information
Tax Annual Amount: $47,850.20
Tax Year: 2022
Parcel Number: 50434234090000063
Utilities
Utility Information
Water Source: Public
Electric: Three Phase
Sewer: Public Sewer
Utilities: Sewer Available, Water Available
Heating & Cooling
Has Heating
Heating: Central
Has Cooling
Cooling: Central Air
Location
Multi-Family Financial Information
Pets Allowed: Yes
HOA Information
Association Amenities: None
Location Information
Direction Faces: South
Public facts
Beds: 4
Baths: 3.5
Sq. Ft.: 2,853
Stories: 2.0
Lot Size: 10,000 square feet
Style: Single Family Residential
Year Built: 1956
Year Renovated: 1995
County: Palm Beach County
APN: 50434234090000063
Home facts updated by county records on Jul 2, 2026
Around this home
Schools
Palm Beach Public School
Public PreK-5 • Assigned • 4.0mi
8/10
Conniston Middle School
Public 6-8 • Assigned • 6.1mi
4/10
Palm Beach Lakes High School
Public 9-12 • Assigned • 4.2mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
4/10 Flood Factor
Estimated 16-24% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
9/10 Heat Factor
7 days above 105° expected this year, 22 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Palm Beach, FL • 33480
Average low and high temperatures (°F)
72
60
75
64
78
67
80
72
85
77
87
79
88
79
89
80
87
79
83
76
79
70
76
66
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.1 hours in
June and 6.8 hours in December, placing it above the
U.S. average for solar exposure.
9.1 hrs
6.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$7.75M – $9.39M
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