NOT LISTED FOR SALE

1240 Cocoanut Rd Boca Raton, FL 33432

Estimated Value: $4,857,000 - $7,868,122

4 Beds
6 Baths
3,578 Sq Ft
$1,828/Sq Ft Est. Value

Last Sold November 15, 2017

Last sale price $2,000,000 $559 Per Sq Ft

Est. 227% increase in value since last sale

Current estimated payment $39,727/month

340 Days on Market

Highlights

  • Gunite Pool
  • Wood Flooring
  • Formal Dining Room
  • Boca Raton Community Middle School Rated A-
  • No HOA
  • Circular Driveway

About This Home

As of November 2017

Rarely available historic Colonial Revival estate home nestled between the beach and intracoastal in The Estates Section of Boca Raton. Designed by renowned Palm Beach architect Maurice Fatio, the house was originally built in 1936 as a villa for the Boca Raton Hotel. Meticulously restored and maintained by the current owners of 39 years, the house retains the integrity of its original design. Examples of this authenticity are represented with finishes such as oak hardwood floors, cypress woodwork and paneling as well as the 3 fireplaces in their original yet elegant condition. Located on 3/4 of an acre surrounded by tropical landscaping, this home is ideal for entertaining and allows for future expansion. A historically significant property in one of the area's premium locations, truly one of Boca Raton's unique homes. Although nominated to be listed on the National Register, this is an honor and in no way effects future changes by an owner.

Last Agent to Sell the Property

Gar Finnvold

Douglas Elliman License #3011088 Listed on: 10/10/2016

Douglas Elliman

Last Buyer's Agent

Torm Martinson

Campbell&Rosemurgy Real Estate License #3064456

Campbell&Rosemurgy Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,126

Year Built

  • Built in 1935

Lot Details

  • 0.73 Acre Lot
  • Lot Dimensions are 200 x 160
  • West Facing Home
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Tile Roof
  • Concrete Roof

Interior Spaces

  • 3,578 Sq Ft Home
  • 2-Story Property
  • Bar
  • Fireplace
  • Single Hung Metal Windows
  • Wood Frame Window
  • French Doors
  • Formal Dining Room
  • Wood Flooring

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Pool

  • Gunite Pool

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Spanish River Land Co Sub Unit 1 In Subdivision

Listing and Financial Details

  • Assessor Parcel Number 06434729050100100

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,126

Year Built

Built in 1935

Lot Details

0.73 Acres

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Camino east of bridge south on Cocoanut
  • Year Built: 1935
  • Architectural Style: Georgian
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Dining Area, Separate/Formal Dining Room, Upper Level Primary, Bar
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Other, Wood
  • Living Area: 3578.0
  • Stories: 2
  • Window Features: Single Hung, Wood Frames

Exterior Features

  • Lot Features: Sprinklers Automatic, Sprinkler System
  • Pool Features: Gunite, In Ground
  • Pool Private: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Brick, Frame, Stucco
  • Direction Faces: West
  • Property Condition: Resale
  • Roof: Concrete, Tile

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Garage, Garage Door Opener

Utilities

  • Laundry Features: Inside
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Senior Community: No
  • Amenities: None
  • Association: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 06434729050100100
  • Lot Size Acres: 0.73
  • Lot Size: 200 x 160
  • Lot Size Sq Ft: 31798.8
  • Mobile Dim Units: Feet
  • Zoning: R1A

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 10126.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2016
Closed on
Nov 14, 2017
Sold by
Dickenson David B and Dickenson Katherine H
Bought by
Grosswald Daniel A
Seller's Agent
Gar Finnvold
Douglas Elliman
Buyer's Agent
Torm Martinson
Campbell&Rosemurgy Real Estate
List Price
$2,395,000
Sold Price
$2,000,000
Premium/Discount to List
-$395,000
-16.49%
Current Estimated Value
$6,539,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,539,707
Avg. Annual Appreciation
15.26%
Original Mortgage
$1,600,000
Outstanding Balance
$1,090,078
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$5,449,629

Purchase Details

Closed on
Mar 13, 2014
Sold by
Overby Mary Annette
Bought by
Dickenson David B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.24%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 26, 1993
Sold by
Dickenson David B and Dickenson Katharine H
Bought by
Americas Wholesale Lender

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$543,750
Interest Rate
7.39%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Grosswald Daniel A $2,000,000 Attorney
Dickenson David B $550,000 Attorney
Americas Wholesale Lender -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grosswald Daniel A $1,600,000
Previous Owner Dickenson David B $350,000
Previous Owner Americas Wholesale Lender $543,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2017 11/15/17 Sold $2,000,000 -16.5% $559 / Sq Ft
10/16/2017 10/16/17 Pending -- -- --
10/09/2016 10/09/16 For Sale $2,395,000 -- $669 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2025 $68,395 $3,478,677 -- --
2024 $68,395 $3,162,434 -- --
2023 $67,452 $2,874,940 $4,294,080 $1,333,749
2022 $54,387 $2,613,582 $0 $0
2021 $36,213 $1,987,580 $1,760,000 $227,580
2020 $32,479 $1,780,990 $1,600,000 $180,990
2019 $35,046 $1,868,661 $1,680,000 $188,661
2018 $31,154 $1,737,141 $1,573,510 $163,631
2017 $9,857 $570,371 $0 $0
2016 $9,873 $558,640 $0 $0
2015 $10,126 $554,757 $0 $0
2014 $10,167 $550,354 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10273404

BeachesMLS (Greater Fort Lauderdale)

APN: 06-43-47-29-05-010-0100

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