102 Reef Road, Palm Beach, FL 33480 — MLS photo

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102 Reef Road, Palm Beach, FL 33480

Active · SingleFamilyResidence

$89,000,000

102 Reef Road, Palm Beach, FL 33480

Beds
6
Baths
10
Living area
8,259 sq ft
$ / sq ft
$10,776/sq ft
Year built
2014
Lot size
35,563 sq ft
HOA fee
—
Annual tax
—

About this property

Gorgeous Oceanfront Estate designed by Pat Segraves of SKA Architect+Planner. Perfectly situated on 35,500+/- square foot lot with 120'+/- of Ocean frontage. Sophisticated and pristine Colonial Estate with beachfront cabana featuring 6 bedrooms, 8 full baths, and 2 powder rooms. Thoughtful design and refined finishes throughout including stunning marble, beautiful hardwood flooring, and detailed woodwork. Oceanfront living room features beautiful marble fireplace. Stunning waterfront library with exquisite paneling and coffered ceilings. Oversized formal dining room overlooking ocean with beautiful ceilings leads to wet bar with wine fridge. Elegant marble kitchen with chef's island and breakfast nook leads to family room. Primary Suite features stunning Ocean views, vaulted ceilings, dual baths and closets, and waterfront balcony. Additional highlights include game room, gym, media room, and 4 car garage. Spectacular outdoor spaces including oversized backyard, oceanfront loggia, pool loggia with BBQ, and resort-style pool. Serene North End location.

Property location

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102 Reef Road, Palm Beach, FL 33480

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Facts & features

Interior

Bedrooms
6
Bathrooms
10
Living area
8,259 sq ft

Exterior & Structure

Property type
SingleFamilyResidence
Year built
2014
Lot size
35,563 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Palm Beach
MLS listing ID
R11135832
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$381,084

Cap rate
0.6%
Net yield
0.6%
Cash-on-cash return
-18.4%
Gross yield
3.5%
Mortgage payment
$421,905/mo
Down payment
$22,250,000
Loan amount
$66,750,000
Annual NOI
$489,853

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.