127 Reef Rd Palm Beach, FL 33480
North End Neighborhood
2
Beds
4
Baths
3,936
Sq Ft
0.25
Acres
Highlights
- Property has ocean access
- Cabana
- Marble Flooring
- Palm Beach Public School Rated A-
- Waterfront
- Bermuda Architecture
About This Home
As of January 2025Welcome 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. Designed by noted Smith & Moore Architects, 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 luxurious, second-floor primary suite has a balcony, spacious ensuite bathrooms with a steam feature, and a beautifully designed boutique-worthy ample 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.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $71,315
Year Built
- Built in 2015
Lot Details
- 0.25 Acre Lot
- Waterfront
- South Facing Home
- Sprinkler System
- Property is zoned R-B - Low Density Residential
Parking
- 2 Car Parking Spaces
Home Design
- Bermuda Architecture
- Tile Roof
- Fiber Cement Roof
- Concrete Block And Stucco Construction
Interior Spaces
- 3,936 Sq Ft Home
- Ceiling Fan
- Living Room
- Library
- Storage
- Utility Room
Kitchen
- Eat-In Kitchen
- Gas Range
- Microwave
- Freezer
- Ice Maker
- Dishwasher
- Disposal
Flooring
- Wood
- Marble
Bedrooms and Bathrooms
- 2 Bedrooms
- 4 Bathrooms
Laundry
- Dryer
- Washer
Home Security
- Home Security System
- High Impact Windows
- High Impact Door
- Fire and Smoke Detector
Pool
- Cabana
- Gas Heated Pool
- Outdoor Pool
Outdoor Features
- Property has ocean access
- Balcony
- Patio
- Lanai
Utilities
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- Tropic Isle Subdivision
Listing and Financial Details
- Homestead Exemption
- Assessor Parcel Number 50434234080000470
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/22/2025 01/22/25 | Sold | $11,285,675 | 0.0% | $2,867 / Sq Ft |
| 01/22/2025 01/22/25 | Sold | $11,285,675 | -11.5% | $2,867 / Sq Ft |
| 12/18/2024 12/18/24 | Pending | -- | -- | -- |
| 12/18/2024 12/18/24 | Pending | -- | -- | -- |
| 12/11/2024 12/11/24 | Price Changed | $12,750,000 | 0.0% | $3,239 / Sq Ft |
| 12/11/2024 12/11/24 | Price Changed | $12,750,000 | -7.3% | $3,239 / Sq Ft |
| 09/03/2024 09/03/24 | For Sale | $13,750,000 | 0.0% | $3,493 / Sq Ft |
| 09/03/2024 09/03/24 | For Sale | $13,750,000 | +118.3% | $3,493 / Sq Ft |
| 08/06/2020 08/06/20 | Sold | $6,300,000 | 0.0% | $1,601 / Sq Ft |
| 07/17/2020 07/17/20 | Pending | -- | -- | -- |
| 06/24/2020 06/24/20 | For Sale | $6,300,000 | -- | $1,601 / Sq Ft |
Source: Palm Beach Board of REALTORS®
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $71,315 | $4,771,784 | -- | -- |
| 2023 | $69,829 | $4,632,800 | $0 | $0 |
| 2022 | $69,947 | $4,497,864 | $0 | $0 |
| 2021 | $71,145 | $4,366,858 | $2,414,256 | $1,952,602 |
| 2020 | $61,526 | $3,714,012 | $0 | $0 |
| 2019 | $61,408 | $3,630,510 | $0 | $0 |
| 2018 | $49,425 | $3,015,960 | $0 | $0 |
| 2017 | $49,445 | $2,953,928 | $1,389,868 | $1,564,060 |
| 2016 | $49,752 | $2,867,694 | $0 | $0 |
| 2015 | $21,652 | $1,208,581 | $0 | $0 |
| 2014 | $19,070 | $1,050,940 | $0 | $0 |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $15,750 | Construction |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $5,859,900 | Attorney | |
| Warranty Deed | $6,000,000 | Horizon Title Services Inc | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | $900,000 | Attorney |
Source: Public Records
Similar Homes in Palm Beach, FL
Source: Palm Beach Board of REALTORS®
MLS Number: 24-1172
APN: 50-43-42-34-08-000-0470
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