NORTH SHORE

111 Reef Road, Palm Beach FL 33480

4 beds · 3.5 baths · 2,853 ft²

Closed

$8,100,000

40.00%

Est. Payment $43,112/mo

MLS Sheet Video

4

Bedrooms

3.5

Bathrooms

2,853

Sq. Ft.

1956

Year Built

2

Garage

2

Stories

262

Days on Market

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.

Facts

MLS#
R10803741
Subdivision
NORTH SHORE
Property Type
Residential
Property Sub Type
Single Family Residence
Year Built
1956
Lot Size
10,019 ft²
Sq. Ft.
2,853 ft²
Sq. Mt.
265 m²
Price per sq. ft.
$2,839/ft²
Price per sq. mt.
$30,566/m²
Stories
2
Garage
2 spaces
Pool
—
Days on Market
262 days
Listed
May 27, 2022
Last Updated
Sep 10, 2026
Price/Lot Sq.Ft.
$808/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Palm Beach

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

September 2026

100/100
Buyers marketSellers market

72

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

9/10/2026Sold$8,100,000
11/23/2022Price change$8,100,000-40.0%
5/27/2022Listed for sale$13,500,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

111 Reef Road, Palm Beach FL 33480Directions

Estimated Monthly Payment

$50,012/mo

Principal & Interest

$43,112

Property Tax

$6,750

Insurance

$150

HOA

$0

20% ($1,620,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

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