NOT LISTED FOR SALE

1241 Cocoanut Rd Boca Raton, FL 33432

Estimated Value: $7,702,000 - $9,613,494

5 Beds
5.5 Baths
6,064 Sq Ft
$1,373/Sq Ft Est. Value

Last Sold September 23, 2024

Last sale price $7,800,000 $1,286 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $52,015/month

161 Days on Market

Highlights

  • Gunite Pool
  • Deck
  • No HOA
  • Boca Raton Community Middle School Rated A-
  • Garden View
  • Formal Dining Room

About This Home

As of September 2024

Buyer pays title insurance, Florida documentary stamps, and all other closing costs. A striking architectural statement, this modern showplace encased in glass window walls seamlessly blends indoor and outdoor living with the finest designer finishes. At the pinnacle of modern and luxurious, famed architect George Brewer with Signature Building Group masterfully originally created this one-of-a-kind estate. Covered in expansive window walls and innovatively designed, each room allows guests to feel enveloped in the tropical grounds that surround this artistic residence. The lavish combination of interior designer finishes and expansive outdoor living defines this residence that presides in Boca Raton's oldest, most prestigious Estate Section. This sleek estate is a new world unto itself; sited on a sprawling 150± feet by 150± feet parcel is a rare find in this beachside enclave. World-class beaches, The Boca Raton and Mizner Park are all in close proximity to this iconic neighborhood. Perfectly intimate for a family or grand enough for meeting the needs of an entertainer, this 5-bedroom maison totals 7,956± square feet. Affording ultimate privacy, a walled and gated motor court accompanies the dramatic architectural structure entry with a magnificent water feature leading to the glass-encased foyer. Lush greens create a garden ambiance that can be admired from every sun filled room in this spacious residence. Oversized 12-foot sliders tie together the indoor living spaces to the outdoor oasis featuring a covered loggia, a stand-alone summer kitchen, resort-style pool and spa. Location:
Cocoanut Road, Boca Raton, Florida. Known as the jewel in the crown of Boca Raton, The Estate Section is a sought-after beachside enclave across from the world-renowned The Boca Raton, close to Mizner Park's fine shopping and dining. Property: Commanding a vast sought after 150± feet by 150± feet lot, this modern masterpiece was built on park-like grounds between the Intracoastal and the Atlantic Ocean. The walled and gated motor court is flanked by manicured tropical landscaping and is finished with a dramatic water feature entrance. Suited for large gatherings, the outdoor living space features a covered loggia, a separate pavilion with summer kitchen with a grill and patio overlooking the sun-splashed pool with a spa. A private garden shower can be found off of the master suite. Residence: This two-story residence totals 7,956± square feet featuring 5 bedrooms, 5 full and 1 half baths, and a 3-bay garage. The glass-encased foyer is finished with imported Italian porcelain floors that carry throughout the main living areas of this natural light infused estate. Floor-to-ceiling glass sliders and window walls encompass the open floor plan residence. First Floor:
Guests are welcomed into the impressive glass-encased foyer with imported Italian porcelain floors, hosting a free-floating staircase to the left and landscaped atrium to the right. Beyond the foyer hallway, 12± feet impact glass sliders surround the open family room, dining area, and chef's kitchen that seamlessly extend to the covered loggia with automatic hidden screens. Fashioned with the finest modern luxury Italian designs, this spectacular chef's kitchen features Caesar stone and quartzite counters, a gas oven and stove, Miele appliances, and custom cabinets. Equipped for hosting, the chef's kitchen offers an elongated island with bar seating. A powder bath, walk-in pantry, and laundry room are adjacent to the kitchen. An impressive clubroom that provides access to the patio can be found to the left of the foyer. Continuing along the window wall estate, the primary suite exudes elegance and relaxation with poolside views featuring boutique-style dual walk-in closets, dual vanities, and a separate spa-like tub and shower. A private lanai and secluded outdoor garden shower complete the spacious suite. Second Floor:
Ascending from the free-floating stairs with a glass-enclosed railing is an expansive upstairs family area showcasing serene poolside views. Perfect for family or guests, four additional bedrooms suites can be found on the second floor, two with balconies and two with glass wall windows that open as well as a second utility room. Buyer pays title insurance, Florida documentary stamps, and all other closing costs. DISCLAIMER: Information published or otherwise provided by the listing company and its representatives including but not limited to prices, measurements, square footages, lot sizes, calculations, statistics, and videos are deemed reliable but are not guaranteed and are subject to errors, omissions or changes without notice. All such information should be independently verified by any prospective purchaser or seller. Parties should perform their own due diligence to verify such information prior to a sale or listing. Listing company expressly disclaims any warranty or representation regarding such information. Prices published are either list price, sold price, and/or last asking price. The listing company participates in the Multiple Listing Service and IDX. The properties published as listed and sold are not necessarily exclusive to listing company and may be listed or have sold with other members of the Multiple Listing Service. Transactions where listing company represented both buyers and sellers are calculated as two sales. Some affiliations may not be applicable to certain geographic areas. If your property is currently listed with another broker, please disregard any solicitation for services. Information published or otherwise provided by seller, listing company or its representatives is deemed reliable but are not guaranteed and subject to errors, omissions, or changes without notice. Copyright 2024 by the listing company. All Rights Reserved.

Last Agent to Sell the Property

Joseph Liguori

Premier Estate Properties Inc License #487849 Listed on: 04/02/2024

Last Buyer's Agent

Christopher Bohn

The Keyes Company License #3308649

The Keyes Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $101,664

Year Built

  • Built in 2019

Lot Details

  • 0.52 Acre Lot
  • Lot Dimensions are 150 x 150
  • East Facing Home
  • Sprinkler System

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Property Views

  • Garden
  • Pool

Interior Spaces

  • 6,064 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Sliding Windows
  • Entrance Foyer
  • Formal Dining Room
  • Carpet

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Home Security System
  • Fire and Smoke Detector

Pool

  • Gunite Pool
  • Spa

Outdoor Features

  • Balcony
  • Deck
  • Open Patio
  • Porch

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • The Estate Section Subdivision

Listing and Financial Details

  • Assessor Parcel Number 06434729050110031

Home Details

Home Type

Single Family

Est. Annual Taxes

$101,664

Year Built

Built in 2019

Lot Details

0.52 Acres

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Federal Highway east on Camino Real, over Intracoastal Bridge, 2nd right onto Cocoanut Road
  • Year Built: 2019
  • Architectural Style: Colonial
  • Unit Levels: Multi/Split, Two
  • New Construction: No
  • Building Stories: 2
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Wet Bar, Bathtub, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Eat-in Kitchen, Main Level Primary, Pantry, Split Bedrooms, Soaking Tub, Separate Shower, Walk-In Closet(s)
  • Main Level Bedrooms: 1
  • Private Spa: Yes
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Free-Standing Freezer, Disposal, Gas Range, Ice Maker, Microwave, Oven, Refrigerator, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Entry Location: Entry Level Living Area Y
  • Flooring: Carpet
  • Living Area: 6064.0
  • Stories: 2
  • Window Features: Sliding

Exterior Features

  • Exterior Features: Built-in Barbecue, Balcony, Barbecue, Outdoor Kitchen, Outdoor Living Area
  • View: Garden, Pool
  • Fencing: Fenced
  • Lot Features: Sprinklers Automatic, Sprinkler System
  • Pool Features: Gunite, Heated, In Ground
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete
  • Direction Faces: East
  • Patio And Porch Features: Covered, Deck, Open, Patio, Porch, Balcony
  • Property Condition: Resale
  • Roof: Other

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Laundry Features: Inside, Laundry Tub
  • Security: Security System, Fire Alarm, Smoke Detector(s)
  • 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: No Pet Restrictions, Yes

Lot Info

  • Parcel #: 06434729050110031
  • Lot Size Acres: 0.52
  • Lot Size: 150 x 150
  • Lot Size Sq Ft: 22651.2
  • Mobile Dim Units: Feet
  • Zoning: R1A(ci

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 101664.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2024
Closed on
Sep 9, 2024
Sold by
1241 Cocoanut Road Llc
Bought by
Prothero Jonathan and Prothero Amber
Seller's Agent
Joseph Liguori
Premier Estate Properties Inc
Buyer's Agent
Christopher Bohn
The Keyes Company
List Price
$8,795,000
Sold Price
$7,800,000
Premium/Discount to List
-$995,000
-11.31%
Views
52
Current Estimated Value
$8,324,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$524,374
Avg. Annual Appreciation
4.49%
Original Mortgage
$3,000,000
Outstanding Balance
$2,949,539
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$5,374,835

Purchase Details

Listed on
Mar 21, 2018
Closed on
Aug 1, 2019
Sold by
1241 Cocoanut Llc
Bought by
1241 Cocoanut Road Llc
Seller's Agent
Joseph Liguori
Premier Estate Properties Inc
Buyer's Agent
Carmen Dangelo
Premier Estate Properties Inc.
List Price
$5,250,000
Sold Price
$5,200,000
Premium/Discount to List
-$50,000
-0.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.19%

Purchase Details

Listed on
Nov 23, 2016
Closed on
Jul 11, 2017
Sold by
Two Pals Llc
Bought by
1241 Coconut Llc
Seller's Agent
Joseph Liguori
Premier Estate Properties Inc
Buyer's Agent
Joseph Liguori
Premier Estate Properties Inc
List Price
$1,395,000
Sold Price
$1,275,000
Premium/Discount to List
-$120,000
-8.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
98.52%
Original Mortgage
$2,137,861
Interest Rate
3.94%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 26, 2013
Sold by
Kunmann Edmond J
Bought by
Two Pals Llc
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
Prothero Jonathan $7,800,000 None Listed On Document
1241 Cocoanut Road Llc $5,200,000 Attorney
1241 Coconut Llc $1,275,000 Integrity First Title
Two Pals Llc $842,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prothero Jonathan $3,000,000
Previous Owner 1241 Coconut Llc $2,137,861
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/23/2024 09/23/24 Sold $7,800,000 -8.2% $1,286 / Sq Ft
09/10/2024 09/10/24 Pending -- -- --
05/02/2024 05/02/24 Price Changed $8,495,000 -3.4% $1,401 / Sq Ft
04/02/2024 04/02/24 For Sale $8,795,000 +69.1% $1,450 / Sq Ft
08/01/2019 08/01/19 Sold $5,200,000 -1.0% $943 / Sq Ft View Prior Sale
07/02/2019 07/02/19 Pending -- -- --
03/21/2018 03/21/18 For Sale $5,250,000 +311.8% $952 / Sq Ft
07/12/2017 07/12/17 Sold $1,275,000 -8.6% $543 / Sq Ft View Prior Sale
06/12/2017 06/12/17 Pending -- -- --
11/23/2016 11/23/16 For Sale $1,395,000 -- $594 / 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 $104,419 $6,813,344 -- --
2024 $104,419 $5,512,778 -- --
2023 $101,664 $5,011,616 $3,019,275 $4,394,459
2022 $86,022 $4,301,838 $0 $0
2021 $70,762 $3,910,762 $1,237,500 $2,673,262
2020 $74,390 $4,111,438 $1,100,000 $3,011,438
2019 $21,464 $1,155,000 $1,155,000 $0
2018 $19,644 $1,106,374 $1,106,374 $0
2017 $20,798 $1,135,994 $1,005,795 $130,199
2016 $20,198 $1,066,324 $0 $0
2015 $19,283 $969,385 $0 $0
2014 $17,374 $881,259 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10967952

BeachesMLS (Greater Fort Lauderdale)

APN: 06-43-47-29-05-011-0031

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