Sold
Last Sold Price
11,865 Lot Size0.27 Acres
119 Reef Rd, Palm Beach, FL 33480
LandProperty Type
0.27 acresLot Size

Description

Fantastic opportunity to own on one of the most coveted streets on the North End of the island. What sets this property apart is the access that all residents of Reef Road have to the best private cabana on the beach. This is the only property on the island available with access from two streets. Buyer can design their home with access from both Reef Road and Esplanade. All sizes must be verified and Sale is subject to cancellation of Unity of title with the Town of Palm Beach. Sale may not take...Fantastic opportunity to own on one of the most coveted streets on the North End of the island. What sets this property apart is the access that all residents of Reef Road have to the best private cabana on the beach. This is the only property on the island available with access from two streets. Buyer can design their home with access from both Reef Road and Esplanade. All sizes must be verified and Sale is subject to cancellation of Unity of title with the Town of Palm Beach. Sale may not take place until cancellation of Unity of title takes place.
  • Listed by: Gary B Pohrer 561.655.8600 gary@serhant.com Brokerage DRE #2025524 • Douglas Elliman
  • Listed by: Joseph D Scheerer 561.346.5475 Joseph.Scheerer@elliman.com Brokerage DRE #2025524 • Douglas Elliman
Listing closed: 06/22/2018 12:00 AM • Source: Beaches MLS, MLS#: R10409168

Recent comparable sales

Median sold price

$10,000,000

Avg days on market

254

Sale-to-list ratio

86.4%

Palm Beach, FL

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Location

Listing Courtesy of Douglas Elliman

Sold By Linda A. Gary Real Estate

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$19,408 per month

30 year fixed, 6.55% Interest

Principal and Interest

$15,359

Property Taxes

$4,049

HOA Dues

$0

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Property Information for 119 Reef Road

Property Details
  • Taxes: $48,582 / year
  • MLS Type: Land & Docks / Unimproved Land
  • Waterfront: No
  • Style: No Pool/No Water
  • Subdivision: ESPLANADE ESTS
Building Information
  • Lot Size: 0.27 AC
Summary
Location and General Information
  • Area: 5001
  • City and Location Text: Palm Beach
  • County Land Code: Palm Beach County
  • County Or Parish: Palm Beach County
  • Front Exp: South
  • Front Exposure: South
  • Geo Lat: 26.763704
  • Information Available: Aerial
  • Location: City Location
  • MLS Area: 5001
  • MLS Sub Area: PB30, Palm Beach 5001; 5002; 5003; 5004
  • Postal Code: 33480
  • State: FL
  • Street #: 119
  • Subdivision Complex Bldg: ESPLANADE ESTS
  • Complex Name: ESPLANADE ESTS
  • Zoning: R-B(ci
Taxes and HOA Information
  • Association Fee: $0
  • Legal Desc: ESPLANADE ESTATES, LT 18 & NORTH SHORE ADD TO PALM BEACH PB20P62 LT 48
  • Parcel ID: 50434234070000180
  • Tax Year: 2017
Virtual Tour
Property
Lot Information
  • Acreage Description: 1/2 To Less Than 1 Acre Lot
  • Approximate Lot Size: 113 X 105
  • Lot Description: Irregular Lot
  • Lot Dimensions: 113 X 105
  • Trees: Other
  • Property Type: Land & Docks, Unimproved Land
Property and Assessments
  • Avail Docs: Aerial
  • Construction Type: Unimproved Land
  • Develop Status: Raw Land
  • Document Count: 0
  • Ground Cover: Grassed
  • Ground Cover Description: Grassed
  • Legal Description: ESPLANADE ESTATES, LT 18 & NORTH SHORE ADD TO PALM BEACH PB20P62 LT 48
  • Type: Unimproved Land
Utilities
  • On Site Utilities: Electricity Available, Sewer Available, Water Available
  • Sewer Description: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
Interior and Exterior Features
Exterior Features
  • Balcony Porch/Patio: No
  • Guest Accommodations: No
Interior Features
  • Baths Total: 0
  • Equipment: Irrigation Equipment
Multi Family
Income & Expenses
  • Exp Incl Pool Service: No
Rental
Rental Information
  • DXORIGMLNO: RML

Property History for 119 Reef Road

DateEvent & SourcePriceAppreciation
Jun 22, 2018

Sold

Beaches MLS #R10409168

$3,021,750
Mar 23, 2018

Pending

Beaches MLS #R10409168

Feb 27, 2018

Listed (Active)

Beaches MLS #R10409168

$3,295,000
DateEvent & SourcePrice
06/22/2018

Sold

Beaches MLS #R10409168

$3,021,750
03/23/2018

Pending

Beaches MLS #R10409168

02/27/2018

Listed (Active)

Beaches MLS #R10409168

$3,295,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 119 Reef Road

Taxable ValueLand-Additions-Total-
Tax Record2024$117,767 ($9,814 / month)
Home Facts
Beds4Baths5Total Finished SqFt4,269 SqFtAbove Grade Finished SqFt4,269 SqFtStories2Lot Size11,931 SqFtStyleSingle Family ResidenceYear Built2020Year Renovated2020ZoningR-BCountyPALM BEACHAPN50-43-42-34-08-000-0480

Schools near 119 Reef Road

This home is within Palm Beach.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Palm Beach Public School
PublicPK to 5

Conniston Middle School
Public6 to 8

Palm Beach Lakes High School
Public9 to 12

Northboro Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 119 Reef Road, Palm Beach, FL 33480
$3,021,750
11,865
$6,225,000
3
1,733
0
$7,250,000
4
2,853
10,019
$11,285,675
2
3,936
11,025
$2,850,000
3
2,137
105
$8,000,000
3
3,289

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Douglas Elliman

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.