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
Sold for $7,250,000 on 12/29/23
$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
$7,316,500 Zestimate®
$2,541/sqft
$43,598 Estimated rent
Home value
$7,316,500
$6.51M - $8.34M
$43,598/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: October 20, 2025 at 07:08pm
Listed by:
Suzanne T Frisbie 561-373-0941,
The Corcoran Group
Bought with:
Stephanie Lauren Schwed, 3419379
Nest Seekers Florida, LLC
Source: Palm Beach BOR,MLS#: 23-1703
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: Hardwood, Parquet, Tile
- Windows: Impact Glass-Partial
Interior area
- Total structure area: 4,169
- Total interior livable area: 2,853 sqft
Property
Parking
- Parking features: Attached
- Has attached garage: Yes
Features
- Pool features: None
- Waterfront features: No - Waterfront
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
- Roof: Metal
Condition
- Year built: 1956
Utilities & green energy
- Water: City Water
Community & neighborhood
Location
- Region: Palm Beach
- Subdivision: Tropic Isle
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash Terms,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 12/29/2023 | Sold | $7,250,000-14.7%$2,541/sqft |
Source: Palm Beach BOR #23-1703 | ||
| 12/12/2023 | Pending sale | $8,495,000$2,978/sqft |
Source:  BeachesMLS #RX-10930774 | ||
| 10/26/2023 | Listed for sale | $8,495,000+17.2%$2,978/sqft |
Source: BeachesMLS #RX-10930774 | ||
| 3/31/2023 | Sold | $7,250,000-10.5%$2,541/sqft |
Source: BeachesMLS #RX-10803741 | ||
| 2/21/2023 | Pending sale | $8,100,000$2,839/sqft |
Source: BeachesMLS #RX-10803741 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $89,880 +44.3% | $5,997,646 +116.1% |
| 2023 | $62,270 +30.1% | $2,774,852 +10% |
| 2022 | $47,850 +25.1% | $2,522,593 +10% |
Find assessor info on the county website
Neighborhood: 33480
Nearby schools
GreatSchools rating
- 8/10Palm Beach Public SchoolGrades: PK-5Distance: 4 mi
- 3/10Conniston Middle SchoolGrades: 6-8Distance: 6.1 mi
- 1/10Palm Beach Lakes High SchoolGrades: 9-12Distance: 4.2 mi
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Estimated market value
$7,316,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$7,316,500