$37,500,000

124 Cocoanut Row Palm Beach, FL 33480

Estimated payment $210,314/month

6 Beds
9 Baths
7,557 Sq Ft
$4,962 Price per Sq Ft

Highlights

  • Cabana
  • New Construction
  • Marble Flooring
  • Palm Beach Public School Rated A-
  • Wolf Appliances
  • Lanai

About This Home

A prestigious in-town opportunity on Palm Beach Island, this new construction estate is perfectly positioned on the corner of Barton Avenue and Cocoanut Row. The home is designed by New York's Workshop/APD, with the finest attention to architectural details, and is being built by Brennan Construction.
This new construction estate is ideally situated on an elevated lot and delivers exceptional privacy alongside a true resort lifestyle - all just steps from The Royal Poinciana, The Breakers, the Lake Trail and the Atlantic Ocean. While the property is in the heart of Town, the landscape design and thoughtful exterior layout ensure the feeling of a calm oasis, especially within the large pool area and lawn. 124 Cocoanut Row offers 8,000 +/- total square feet of luxury living, featuring six bedrooms, seven bathrooms and two powder rooms. The floor plan is ideal for both entertaining and everyday living, with seamless indoor-outdoor flow, exquisite craftsmanship, and high-end finishes throughout, including full Lutron automation control system for lighting, motorized shades, solid mahogany Hartman doors and windows, and Wolf and Sub-Zero appliances in the chef's kitchen.
The main floor features a VIP guest suite, a cabana/guest wing overlooking the luscious landscape, and a private office.
Upstairs, the home boasts a large primary suite with dual bathrooms and dressing rooms, all designed with timeless style. The second floor accommodates three well-designed ensuite bedrooms, a full morning bar, secondary laundry room, and ample storage. There is also a rare rooftop terrace, accessible from both the main and the second floors, which can be used for entertainment, lounging, dining, exercise, and spa space.
With an anticipated completion in Q1 of 2026, this is a rare opportunity to customize your bespoke Palm Beach dream home in one of the island's most coveted locations.

Listing Agent

Margit Brandt

Premier Estate Properties, Inc. License #SL-3430177 Listed on: 10/17/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $137,968

Year Built

  • New Construction

Lot Details

  • 0.46 Acre Lot
  • East Facing Home
  • Sprinkler System
  • Property is zoned R-B - Low Density Residential

Parking

  • Garage

Home Design

  • Tile Roof
  • Fiber Cement Roof

Interior Spaces

  • 7,557 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Sound System
  • Fireplace
  • Living Room
  • Dining Area
  • Library
  • Storage
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • Double Convection Oven
  • Gas Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Wolf Appliances
  • Trash Compactor
  • Disposal
  • Instant Hot Water

Flooring

  • Stone
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 9 Bathrooms
  • Bidet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Intercom
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Pool

  • Cabana
  • Outdoor Pool

Outdoor Features

  • Balcony
  • Lanai

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Prima Vera Ests Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434322030000011

Home Details

Home Type

Single Family

Est. Annual Taxes

$137,968

Year Built

New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.46
  • Lot Size: 145
  • Subdivision Name: Prima Vera Ests
  • Garage Yn: Yes
  • New Construction: Yes
  • Year Built: 2026
  • Location Tax Legal:Zoned: R-B - Low Density Residential
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 137968.19
  • Location Tax Legal:Tax Year2: 2024
  • General Property Description:Living Area: 7557.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Security:Security System: Yes
  • General Property Description:Lot Dim (1): 145
  • Floors:Marble: Yes
  • Roof:Cement Tile: Yes
  • WaterSewer:County Water: Yes
  • Style:Two Story: Yes
  • Windows:Impact Glass - Full: Yes
  • Pets:Pets Allowed: Yes
  • General Property Description:Lot SqFt: 20038
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Windows:Impact Glass: Yes
  • Exposure:East: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Floors:StoneBrick: Yes
  • Special Features: NewHome

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine, Freezer, Ice Maker, Instant Hot Water, Range-Electric, Range-Gas, Oven-Double, Oven-Convection, Microwave, Washer, Dryer, Trash Compactor
  • Other Equipment: Intercom
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Flooring: Stone, Marble
  • Interior Amenities: Central Vacuum, Bidet, Fireplace, Sound System, Storage, Wet Bar, Other (See Remarks), Pantry
  • Living Area: 7557.0
  • Window Features: Impact Glass, Impact Glass-Full
  • Interior Features:Storage: Yes
  • Interior Features:Other (See Remarks)3: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Pantry: Yes
  • Other Rooms:Utility Room: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Appliances:Oven-Convection: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Smoke Detectors: Yes
  • Appliances:Range - Electric: Yes
  • Interior Features:Fireplace: Yes
  • Appliances:Oven-Double: Yes
  • Other Rooms:Dining Area: Yes
  • Interior Features:Bidet: Yes
  • Interior Features:Wet Bar: Yes
  • Appliances:Range-Gas: Yes
  • Appliances:Central Vac System: Yes
  • Interior Features:Sound System: Yes
  • Appliances:Instant Hot Water: Yes
  • Interior Features:Intercom: Yes
  • Appliances:Trash Compactor: Yes

Exterior Features

  • Lot Features: 1/4 A - 21,779 SF
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront Features: No - Waterfront
  • Waterfront: No
  • Exterior Features: Balcony, Sprinkler System, Impact Doors, Impact Windows
  • Other Structures: Cabana
  • Patio And Porch Features: Patio/Lanai
  • Property Condition: New Construction
  • Roof: Cement Tile
  • Exterior Features:Balcony: Yes
  • Exterior Features:Sprinkler System: Yes
  • Exterior Features:Impact Doors: Yes
  • Exterior Features:Impact Windows: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Cabana: Yes
  • Construction:New Construction: Yes

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Security: Smoke Detectors, Security System, Other Security
  • Cooling: Multi Zone Air, Central Air
  • Cooling Y N: Yes
  • Heating: Central Heat, Multi Zone Heat
  • Heating Yn: Yes
  • Utilities: Cable Available
  • Water Source: City Water, County Water

Lot Info

  • Land Lease Amount Frequency: No
  • Lot Size Sq Ft: 20038.0
  • Parcel #: 50434322030000011
  • Zoning: R-B - Low Density Residential

Tax Info

  • Tax Annual Amount: 137968.19
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $137,968 $9,194,125 -- --
2023 $100,831 $6,680,168 $0 $0
2022 $152,380 $9,788,486 $0 $0
2021 $101,790 $6,185,247 $4,400,000 $1,785,247
2020 $97,158 $5,804,902 $4,320,000 $1,484,902
2019 $93,481 $5,670,160 $4,200,000 $1,470,160
2018 $86,313 $5,767,371 $4,082,133 $1,685,238
2017 $80,584 $5,282,882 $3,318,807 $1,964,075
2016 $76,505 $3,993,000 $0 $0
2015 $74,951 $3,630,000 $0 $0
2014 $83,088 $4,569,260 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/17/2025 10/17/25 For Sale $37,500,000 0.0% $4,962 / Sq Ft
04/22/2020 04/22/20 Rented $300,000 0.0% --
04/22/2020 04/22/20 For Rent $300,000 +27.7% --
08/02/2019 08/02/19 Rented $235,000 0.0% --
08/02/2019 08/02/19 For Rent $235,000 -6.7% --
07/24/2018 07/24/18 Rented $252,000 0.0% --
06/24/2018 06/24/18 Under Contract -- -- --
06/19/2018 06/19/18 For Rent $252,000 0.0% --
08/09/2017 08/09/17 Rented $252,000 0.0% --
07/10/2017 07/10/17 Under Contract -- -- --
04/21/2016 04/21/16 For Rent $252,000 +1382.4% --
07/28/2014 07/28/14 Rented $17,000 0.0% --
06/28/2014 06/28/14 Under Contract -- -- --
04/07/2014 04/07/14 For Rent $17,000 0.0% --
09/10/2013 09/10/13 Sold $3,300,000 0.0% $552 / Sq Ft View Prior Sale
08/11/2013 08/11/13 Pending -- -- --
07/29/2013 07/29/13 Sold $3,300,000 -21.4% $552 / Sq Ft View Prior Sale
05/29/2013 05/29/13 Pending -- -- --
08/31/2012 08/31/12 For Sale $4,200,000 +27.3% $702 / Sq Ft
10/27/2011 10/27/11 For Sale $3,300,000 -- $552 / Sq Ft
Source: Palm Beach Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed $10,000,000 Attorney
Warranty Deed $3,300,000 Attorney
Personal Reps Deed $4,000,000 --
Special Warranty Deed -- --
Special Warranty Deed -- --
Special Warranty Deed -- --
Deed -- Standard Title Insurance Age
Deed -- Standard Title Insurance Age
Deed -- Standard Title Insurance Age
Warranty Deed $1,750,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $5,500,000 New Conventional
Previous Owner $1,000,000 New Conventional
Source: Public Records

Source: Palm Beach Board of REALTORS®

MLS Number: 25-1515

APN: 50-43-43-22-03-000-0011