by Global Lifestyle Properties

See Home Value
$11,285,675
● House - Off Market

127 Reef Road

Palm Beach, FL 33480
bedrooms
2 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,936 Ft²
$68,548
Est. Monthly
-0.26%
Cap Rate

About This Property

Welcome to your dream beach house. Nestled on one of Palm Beach's most coveted cabana streets on the island's North End. It is just steps from the ocean with private access to one of Florida's most beautiful surf beaches. Noted architects Smith and Moore designed this meticulously crafted, Bermuda-style residence which maximizes its prime location. It was built in 2015 by the sought-after Wittman Building Team. The house features Venetian plastered walls throughout and beautiful De Gournay and Scalamandre wallpapers. Upon arriving you enter an airy open concept living room with high vaulted ceilings. The room has been stylishly curated and is perfect for entertaining. The first level features an enviable, bright, large gourmet kitchen equipped with state-of-the-art appliances and a walk-in pantry and features custom cabinetry. The seamlessly integrated dining area invites you to make memories while hosting a dinner party or sharing a family meal. In addition, the ground floor has a large bedroom with a walk-in closet, an ensuite bathroom, a den/office/guest room, and a well-appointed hall half bath. Out the sliding glass doors is beautiful, heated pool where you will rest, relax, and recharge. It also features a seating area, dining table, and outdoor shower. The house sits on an impeccably landscaped .25 acres. The second-floor primary suite has a balcony, spacious ensuite bathrooms with a steam feature, and a beautifully designed boutique-worthy walk-in closet with a dressing room. Take advantage of this rare opportunity to live in one of Palm Beach's most desired beach neighborhoods.
Unit Size
3,936 Ft²
Days on Market
141 days
Land Size
0.25 acres
Price per sqft
$3,239
Property Type
House
Property Taxes
$5,943
HOA Dues
-
Year Built
2015

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Last updated: 2 months ago (Beaches MLS #R11014170)

Price History

Date / Event Date Event Price
Jan 22, 2025 Sold
Sold
Dec 19, 2024 In contract -
In contract
Aug 20, 2024 Listed by Douglas Elliman $12,750,000
Listed by Douglas Elliman
Aug 12, 2020 Sold
Sold
Jun 22, 2020 Listed by Waterfront Properties & Club C $6,700,000
Listed by Waterfront Properties & Club C
One of Palm Beaches most elegant contemporary home. Live the convenience of a Breakers' penthouse residence but the privacy of a single family home. Gardens, pool, ocean access and cabana. Garden statues do not convey. Chandeliers do not convey.
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Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 1
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 16
  • Roof Cover Type: 4
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 504
  • Parking Space Count: 2
  • Patio Type: 60
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 11,025
  • Lot Size Depth Feet: 100
  • Lot Size Frontage Feet: 1,050
  • Total Building Area: 4,808
  • Gross Building Area: 4,808
  • Building Area: 3,936
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 3,936
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTH SHORE ADD TO PALM BEACH
  • Land Acres: 0000000253
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: NORTH SHORE ADD TO PALM BEACH LT 47

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 003507

Zoning

  • Zoning: R-B

Geography

  • Assessors Map Reference: 105
  • Parcel: 50-43-42-34-08-000-0470
  • Lot: 47
  • Meridian: SEC 34 TWN 42S RNG 43E
  • Municipality: PALM BEACH
  • Latitude: 26.7638
  • Longitude: -80.0387

    Address

  • Full Address: 127 Reef Rd
  • Address - House Number: 127
  • Address - Street Name: Reef
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Palm Beach
  • Carrier Code: C001
  • 4-Digit Zip Code: 3058
  • Zip Code: 33480

Valuation

    Tax

  • Total Area: 4,142
  • Tax Year: 2022
  • Tax Amount: $6,994,738
  • Tax Rate Code Area: 50411

    Market Valuation

  • Market Total Value: $6,216,773
  • Market Land Value: $3,847,376
  • Market Improvement Value: $2,369,397

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $4,497,864

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 06, 2020
  • Current Sale Recording Date: Aug 12, 2020
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20200290352
  • Previous Sale Recording Date: Apr 24, 2018
  • Previous Sale Contract Date: Apr 20, 2018
  • Previous Sale Amount: $6,000,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About North Shore


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Frequently Asked Questions

When was property at 127 Reef Road built and last sold?
The property at 127 Reef Road was built in 2015 and last sold on Aug 6, 2020 for $5,859,900.
How much is this home worth?
The estimated value of the home located at 127 Reef Road is $0.
What are some comparable homes to 127 Reef Road?
There are currently no comparable homes to 127 Reef Road.