Waterfront Community · Palm Beach, FL
Reef Palm Beach, FL Homes For Sale & Real Estate
Reef, Palm Beach, FL, is a waterfront community in Palm Beach County with 1 home for sale right now. Reef Condo is a luxury waterfront, luxury community in Palm Beach, Palm Beach County, Florida.
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Reef Market at a Glance
Live MLS · Updated Oct 14, 2026
- Active Inventory
- 1
- New Listings (30d)
- 0
- Pending Sales
- 1
- Median List Price
- $1,995,000
- Closed Sales (September)
- 2
- Avg Days on Market
- 249
Residential MLS data for Reef, updated nightly. View full market reports →
Available Now
Market Overview
Reef real estate market
There is 1 home for sale in Reef right now. It is listed at $1,995,000, about $1236 per square foot. With so few homes on the market, these asking prices describe that home rather than Reef as a whole, so recent closed sales are the better guide to value here. These figures update from the MLS as the market moves.
Reef Market Stats
MLS data updated October 14, 2026- Active Listings
- 1
- Median List Price
- $1,995,000
- Median $/Sq Ft
- $1236
- Avg Days on Market
- 249
- Price Range
- $1,995,000 to $1,995,000
Frequently Asked Questions
- How many homes are for sale in Reef?
- There is 1 home for sale in Reef right now, and the count updates from the MLS nightly as homes come on the market and go under contract. Inventory this thin means a buyer who wants to live in Reef is usually waiting for the next listing rather than choosing between several, so it pays to be ready before one appears. Ask us to set up a search alert and you will see new Reef listings the day they reach the market.
- What do homes in Reef cost?
- The one home for sale in Reef is listed at $1,995,000, about $1236 per square foot. An asking price is one seller's opinion, and with so few listings it says more about that house than about Reef. Recent closed sales in Reef are the better measure, and we can pull them for a specific home.
- Are there waterfront homes in Reef?
- Yes. Reef includes waterfront homes with canal, lake, or Intracoastal frontage.
About Reef
Reef, Palm Beach, FL, is a waterfront community in Palm Beach County with 1 home for sale right now. Reef Condo is a luxury waterfront, luxury community in Palm Beach, Palm Beach County, Florida. Properties are priced from $1,500,000 to $2,000,000. Pure Equity lists homes in Reef and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
Homes & Architecture
Homes for sale in Reef
Homes for sale in Reef offer 2 bedrooms and 2 baths. Living areas are around 1,614 square feet. The mix here includes condo homes. The 5 most recent sales in Reef had 2 to 3 bedrooms and 1,716 to 1,868 square feet, which is a fuller picture of the homes here than the current listings alone.
Schools
Schools near Reef
Homes for sale in Reef are typically zoned for the Palm Beach public schools below, based on current MLS listings. Confirm the exact attendance zone for any specific address with the Palm Beach County school district before you buy.
- Elementary School
- Palm Beach Public
- Middle School
- Lake Worth
- High School
- Forest Hill
Map
Where Reef is in Palm Beach
Centred on the homes listed and recently sold in Reef.
Recent Sales
Recently sold homes in Reef
These are the last 5 recorded closings in Reef, with the price each home actually sold for rather than what it was listed at. They closed at a median of $1,056 per square foot. The most recent closed on September 23, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$1,600,000
Sold · September 23, 2026
2275 S Ocean Boulevard 305n and C11
2 bed · 2.5 bath · 1,868 sqft · $857/sqft
$395,000 under the asking price
Sold$3,125,000
Sold · September 14, 2026
2275 S Ocean Boulevard 201n
3 bed · 2.5 bath · 1,868 sqft · $1,673/sqft
$270,000 under the asking price
Sold$1,812,000
Sold · May 29, 2026
2275 S Ocean Boulevard 103n
2 bed · 2 bath · 1,716 sqft · $1,056/sqft
$438,000 under the asking price
Sold$2,082,001
Sold · April 24, 2026
2275 S Ocean Boulevard 206a
3 bed · 2.5 bath · 1,853 sqft · $1,124/sqft
$312,999 under the asking price
Sold$1,370,000
Sold · March 11, 2026
2275 S Ocean Boulevard 204n
2 bed · 2.5 bath · 1,868 sqft · $733/sqft
$105,000 under the asking price
See every recorded sale in Reef or find out what your Reef home is worth.
Market & Value
Reef market and home values
The Reef real estate market reads best through the community's own recent activity, not a county-wide average. Only one home is for sale in Reef right now, listed at $1,995,000 or about $1,236 per square foot, so there is no meaningful asking median to compare with the Palm Beach County figure. Recorded closings are the better guide, because they show what buyers in Reef actually paid. For pricing an offer or a listing, comparable sales within Reef carry more weight than any headline number, since homes of the same type and size set the real range. Pure Equity can pull the active and recently sold homes in Reef so you work from real numbers, not an estimate.
How It Compares
Reef compared to nearby Palm Beach communities
Reef has only 1 home for sale, so its row reflects that listing rather than a community median. Price per square foot is the fairer comparison between communities, because it adjusts for the fact that one neighborhood builds bigger homes than another. Days on market shows how quickly each one is actually selling.
| Community | Homes | Median | $/Sq Ft | Days |
|---|---|---|---|---|
| Royal Park | 6 | $13,922,500 | $4,189 | 67 |
| Thirty Three Sixty | 6 | $2,075,000 | $1,079 | 142 |
| Reef this page | 1 | $1,995,000 | $1,236 | 249 |
| Halcyon Of Palm Beach | 7 | $1,535,000 | $738 | 60 |
| La Palma | 8 | $666,250 | $551 | 130 |
| Claridges | 6 | $638,985 | $475 | 200 |
| Patrician Of Palm Beach | 13 | $347,900 | $345 | 167 |
Medians come from active listings in each community and move as inventory turns over. They describe the homes currently for sale, not what any one home is worth.
Who It Suits
Is Reef right for you?
It helps to know who Reef tends to suit before you tour. Reef appeals to boaters and buyers who want to be on the water, whether a canal, lake, or the Intracoastal. Waterfront homes carry their own insurance and maintenance considerations, so factor wind and flood coverage into the budget from the start. Whether Reef is right for you depends on how you plan to use the home, full time or seasonally, and Pure Equity can walk you through the tradeoffs before you commit.
Amenities & Lifestyle
Living in Reef
Waterfront homes here offer canal, lake, or Intracoastal frontage, and some sites include private dockage.
Location
Reef location
Reef is located in Palm Beach, part of Palm Beach County, Florida. Residents are close to the shopping, dining, schools, and parks of the Palm Beach area, with the wider job centers, beaches, and airports of the region within driving distance.
Buying in Reef
Buying a home in Reef
The buying process in Reef is the one used across Palm Beach County. Getting a mortgage pre-approval first tells you your real budget and lets you move quickly when the right home comes up. Property taxes factor into the monthly payment: the median annual property tax in Palm Beach County is about $3,600. Florida's homestead exemption lowers the taxable value of a primary residence, and the Save Our Homes cap limits how fast that assessed value can rise from year to year. Budget for homeowners insurance as well. Rates in Florida reflect wind and flood exposure, so gather quotes early and check whether a specific address sits in a FEMA flood zone. Once you are under contract, plan for a home inspection and, if you are financing, a lender appraisal, both of which fall inside the inspection period. Working with an agent who knows Palm Beach means you see new listings in Reef the day they reach the market.
Selling in Reef
Selling a home in Reef
Selling a home in Reef starts with pricing it correctly for current conditions. Homes that are decluttered, professionally photographed, and priced to recent comparable sales tend to draw the most interest in the first two weeks, when a listing is newest and gets the most views. Florida sellers usually pay the documentary stamp tax on the deed, currently $0.70 per $100 of the sale price in most counties, along with prorated property taxes and, by local custom in many areas, the owner's title insurance policy. We provide a no-obligation home valuation for Reef owners in Palm Beach, so you can see what your property could sell for before you commit to listing.
Thinking of Selling?
What is your Reef home worth?
Online estimates miss what makes a home different. Tell us about yours and a licensed listing agent will send you a pricing opinion based on what has actually closed near you in Reef.
Listing agents and seller representation in Reef
Thinking about selling in Reef? The agent you pick shapes two numbers: what your home closes for, and how long it takes. A listing agent, also called a seller's agent, prices the property against what has actually closed nearby. They also prepare and market it, screen the offers that arrive, and negotiate the terms rather than just the price.
Conditions in Reef sit close to balanced, which rewards sellers who price against real closed sales instead of neighboring asking prices.
Community-level detail matters most here. Association rules, what the fees cover, and which buildings sell fastest all affect your outcome. So does whether a buyer needs board approval before closing. None of it appears in a listing description. All of it decides whether a sale closes on time.
Pure Equity is a licensed Florida brokerage serving Reef. Onias Derilus is the broker of record, Florida Real Estate Broker license BK3276618. A broker holds a higher license than an agent working under one. In practice that means the person advising you on price is also the one legally responsible for the file. That matters most when a deal gets complicated.
More on this: listing agents in Palm Beach · what a listing marketing plan should include · selling a house with open permits
Realtors and real estate agents serving Reef
People search for realtors, real estate agents, and real estate brokers more or less interchangeably. For most purposes the job title matters less than licensing and representation. Every licensed agent in Florida works under a broker. That broker carries final responsibility for the transaction.
What separates real estate professionals in Reef is specificity. Can they answer questions about your street, not just your city? Ask what they have closed nearby and how they arrived at a price. A grounded answer cites particular recent sales. It also explains why those homes compare to yours. Vague reassurance is the warning sign.
More on this: selling a home in Palm Beach · does a busy street lower your home value? · how to look up property value by address · when and how to price your home
Buyer's agents in Reef
A buyer's agent represents the purchaser rather than the owner. They identify properties that actually fit and research what comparable homes sold for, not what they asked. They also advise on offer strategy. Finally, they manage inspection and financing deadlines through to closing.
Where buyers have room to negotiate, as they do in Reef, the leverage is only worth something if you know where it exists and what to ask for. If you are buying and selling at the same time, which is common for people moving within Palm Beach County, sequencing the two is its own skill: contingencies, timing, and what happens if one closing slips all need planning before either home goes on the market.
What representation costs
Real estate commissions are negotiable. No law, multiple listing service, or association sets them. If an agent tells you there is a standard rate, they are misinforming you. What you pay is agreed between you and the brokerage you hire. Get it in writing before the work begins.
Industry rules changed in 2024. Now a buyer and their agent must put compensation in a written buyer agreement before touring homes together. Sellers may still offer to contribute toward the buyer's side. However, that is negotiated rather than assumed. It is worth thinking through with your listing agent before you go live.
More on this: how commission is actually structured · buying and selling at the same time · cash offer or financed offer?
Buying Instead?
Search Reef with someone local
We will tell you which listings are worth your time, what comparable homes actually closed for, and how to structure an offer that holds up through inspection and financing.
Frequently asked questions
How do I find a listing agent in Reef?
Ask any listing agent you interview two questions. Which homes have they closed near Reef, and how did they arrive at their suggested price? A grounded answer names recent closed sales. It also explains why those homes compare to yours. Optimistic pricing costs sellers more than almost any other decision. Verify the license too. Florida licenses are public and searchable through the state's DBPR portal. Pure Equity is a licensed brokerage serving Palm Beach County. You can reach the broker directly at (561) 835-5400.
What does a seller's agent actually do?
A seller's agent prices the home against comparable closed sales. Before it goes live, they advise on repairs and presentation. Then they handle photography and marketing, and put the home in front of buyers and other agents. When offers arrive, they screen them and negotiate both price and terms. Terms matter as much as the number, because inspection windows, financing contingencies, and closing dates all affect whether an offer reaches the closing table.
How much does a real estate agent cost in Reef?
Commissions are fully negotiable. No law or real estate board sets them. What you pay is whatever you and your brokerage agree to in writing before work begins. Since the 2024 rule changes, buyers and their agents must agree compensation in a written buyer agreement before touring homes. Any seller contribution toward the buyer's side is negotiated rather than automatic. Ask any agent you interview to put their fee in writing.
What is the difference between a realtor, a real estate agent, and a broker?
A real estate agent holds a state license to represent buyers and sellers. A broker holds a higher-level license and can operate a brokerage. That broker also carries final legal responsibility for the office's transactions. Realtor is a membership term for agents belonging to the National Association of Realtors. For someone buying or selling in Reef, three practical questions matter. Is the person licensed, who do they represent in your transaction, and what can they actually tell you about your local market?
Do I need an agent to buy a home in Reef?
You are not legally required to use one, but most buyers in Reef do. A buyer's agent handles the parts that are easy to get wrong. That means identifying what comparable homes actually closed for, spotting condition or association issues early, and managing inspection and financing deadlines. Even in a slower market, negotiating room is only useful if you know where it exists.
Can one agent help me sell my current home and buy the next one?
Yes. For people moving within Palm Beach County it is often the more practical route, because one person coordinates both timelines. Sequencing is the hard part. Should your purchase be contingent on your sale? How would you cover a gap if the closings do not line up? What happens if one side is delayed? Plan all of that before either home is listed, rather than after an offer arrives.
Public Records
Look up Reef property records
Anything on this page that affects what a home costs to own, assessed value, exemptions, flood zone, is published by a public agency. These are the official sources, not our summaries of them.
Palm Beach County Property Appraiser
Assessed value, homestead exemption status, and recorded sales history for any parcel.
FEMA Flood Map Service Center
Look up the official flood zone for an address before you budget for insurance.
Florida Department of Revenue, property taxes
How Florida assesses property, and which exemptions you can claim.
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