3 months on rocket

127 Reef Rd, Palm Beach, FL, 33480

$12,750,000

2 Bedrooms
3 Full Baths, 1 Partial
3,936 SqFt
$3,239/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
Parking2+ Spaces, Driveway, Garage - Attached
Attached Garage2 spaces
Year Built2015
HeatingCentral
CoolingCentral Air
WaterfrontNone
Private PoolYes
MLS #RX-11014170
StatusActive

About 127 Reef Rd

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

Property Details

Property Features

Property Information:

  • Year Built: 2015
  • Stories: 2
  • Living Area: 3,936 SqFt

Listing Office:

  • Office Name: Douglas Elliman
  • Office Phone: (561) 655-8600
  • Listing Agent: Joshua Adam McPherson

Interior Features

Interior Information:

  • Appliances: Automatic Garage Door Opener, Dishwasher, Dryer, Fire Alarm, Freezer, Whole Home Generator, Ice Maker, Microwave, Gas Range, Refrigerator, Oven, Washer, Gas Water Heater
  • Flooring Type: Carpet, Marble, Wood Floor
  • Interior: Built-in Shelves, Closet Cabinets, Ctdrl/Vault Ceilings, Entry Lvl Lvng Area, Foyer, Kitchen Island, Volume Ceiling, Walk-in Closet

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: None
  • Exterior: Auto Sprinkler, Awnings, Cabana, Covered Balcony, Custom Lighting, Open Balcony, Outdoor Shower, Screened Patio

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: 2+ Spaces, Driveway, Garage - Attached

Virtual/3D Tour

  • Virtual Tour: 127 Reef Rd
Virtual Tour

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: N. Ocean Blvd. to Reef Rd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $12,750,000
  • Price Per SqFt: $3,239/SqFt

Tax Information:

  • Annual Amount: $61,526
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Palm Beach, FL.

Med. Sold Price

$1.2M

Med. Price/SqFt

$795

Avg. Days On Market

119

# of Sold Homes

16

127 Reef Rd vs Palm Beach

119 DAYS ON ROCKET

-0 Day

$12,750,000

+$11.4M More

$3,239/SqFt

+$2.4K More

KEY TAKEAWAY

This property is $11.4M more than the Median Sold Price and $2.4K/SqFt more than other homes in Palm Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #RX-11014170

Listing Office:

  • Office Name: Douglas Elliman
  • Office Phone: (561) 655-8600
  • Listing Agent: Joshua Adam McPherson

IDXAll listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc.

This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 11:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 12, 2020Home Sold
$5,859,900
Apr 24, 2018Home Sold
$6,000,000
Dec 06, 2010Home Sold
$900,000

Tax History

YEARPROP. TAXASSESSMENT
2020$61,526$3,714,012
2019$61,407$3,630,510
2018$49,424$3,015,960
2017$49,445$2,953,928

History based on county public records data.

Payment Calculator

$63.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$38.2K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4513695
6
/10
  • Northboro Elementary School

  • 400 40th St

  • 1.37 miles

  • Public Magnet Grades PK-5

school-card-donut-4513696
4
/10
  • Northmore Elementary School

  • 4111 N Terrace Dr

  • 1.79 miles

  • Public District Grades PK-5

school-card-donut-4513697
3
/10
  • West Riviera Elementary School

  • 1057 W 6th St

  • 1.93 miles

  • Public District Grades EE-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $148,936. The most common annual income of people living in Palm Beach, FL is between $100k-200k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 127 Reef Rd

What is the listing price of this property?

The listing price of 127 Reef Rd property is $12,750,000.

What type of property is this?

The property 127 Reef Rd is a house located in Palm Beach, Florida, 33480.

Is this property for sale now?

Active Listing: 127 Reef Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $61,526 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 12, 2020 for $5,859,900. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 127 Reef Rd has 2 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 127 Reef Rd is 3,936 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 127 Reef Rd is 2015.
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Rocket Homes›Florida›Palm Beach County›Palm Beach›33480›127 Reef Rd

This home is located at 127 Reef Rd in Palm Beach, FL and zip code 33480 in the North End neighborhood. This 3,936 square foot home was built in 2015. Features: 2 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since August 20, 2024 and is currently priced at $12,750,000.

In November 2024 more than 1 listings in Palm Beach, FL were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 15 were sold below. Between October 2024 and November 2024, Palm Beach, FL real estate market has seen increase in the number of listings by 21.2%. While the average time on the market in November 2024 was 119 days, the median list price was $1,275,000.

From Rocket Homes Real Estate and based on county public records data.

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