NOT LISTED FOR SALE

1261 Cocoanut Rd Boca Raton, FL 33432

Estimated Value: $5,637,426 - $8,189,000

4 Beds
4.5 Baths
3,919 Sq Ft
$1,672/Sq Ft Est. Value

Last Sold June 04, 2020

Last sale price $3,900,000 $995 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $40,201/month

790 Days on Market

Highlights

  • Built in 2019 | Newly Remodeled
  • Gunite Pool
  • Roman Tub
  • Boca Raton Community Middle School Rated A-
  • Deck
  • Pool View

About This Home

As of June 2020

''New'' Mid-Century Modern-inspired one level estate in Old Boca Raton's ''Estate Section'' on prestigious Cocoanut Road by Signature Builder Group and famed architect George Brewer. Striking wraparound glass-encased design centered on a sun-splashed pool with lush tropical gardens for entertaining. Three bay garage for the connoisseur. Completion late Spring 2019. Buyer pays title insurance, Florida documentary stamps, and all other closing costs. Taxes are based on vacant land only and subject to change. DISCLAIMER: The written and verbal information provided including but not limited to prices, measurements, square footages, lot sizes, calculations and statistics have been obtained and conveyed from third parties such as the applicable Multiple Listing Service, public records as well as other sources. All information including that produced by the Sellers or Listing Company are subject to errors, omissions or changes without notice and should be independently verified by any prospect for the purchase of a Property. The Sellers and Listing Company expressly disclaim any warranty or representation regarding all information. Prospective purchasers' use of this or any written and verbal information is acknowledgement of this disclaimer and that Prospects shall perform their own due diligence. Prospective purchasers shall not rely on any written or verbal information provided when entering a contract for sale and purchase. Some affiliations may not be applicable to certain geographic areas. If your property is currently listed with another agent, please do not consider this a solicitation for the listing. In the event a Buyer defaults, no commission will be paid to either Broker on the Deposits retained by the Seller. "No Commissions Paid until Title Passes." Copyright 2019 Listing Company. All Rights Reserved.

Last Agent to Sell the Property

Joseph Liguori

Premier Estate Properties Inc License #487849 Listed on: 03/30/2018

Last Buyer's Agent

Melanie Bloom Haym

Compass Florida LLC License #3389860

Compass Florida LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,502

Year Built

  • Built in 2019 | Newly Remodeled

Lot Details

  • 0.34 Acre Lot
  • East Facing Home
  • Sprinkler System

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Interior Spaces

  • 3,919 Sq Ft Home
  • 1-Story Property
  • Decorative Fireplace
  • Entrance Foyer
  • Florida or Dining Combination
  • Pool Views
  • Fire and Smoke Detector
  • Laundry Tub

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Range
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dual Sinks
  • Roman Tub
  • Separate Shower in Primary Bathroom

Outdoor Features

  • Gunite Pool
  • Balcony
  • Deck
  • 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 06434729050110041

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,502

Year Built

Built in 2019 | Newly Remodeled

Lot Details

0.34 Acres

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: A1A to Via Cabana, right turn on Cocoanut Road.
  • Year Built: 2019
  • Unit Levels: Multi/Split, One
  • New Construction: Yes
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Interior Amenities: Breakfast Area, Bathtub, Dual Sinks, Entrance Foyer, Eat-in Kitchen, Family/Dining Room, Garden Tub/Roman Tub, Main Level Primary, Pantry, Sitting Area in Primary, Split Bedrooms, Soaking Tub, Separate Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Disposal, Gas Range
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Entry Location: Entry Level Living Area Y
  • Fireplace Features: Decorative
  • Fireplace: Yes
  • Flooring: Other
  • Living Area: 3919.0
  • Stories: 1

Exterior Features

  • Exterior Features: Built-in Barbecue, Balcony, Barbecue, Lighting, Outdoor Kitchen, Outdoor Living Area
  • View: Pool
  • Fencing: Fenced
  • Lot Features: 1/4 to 1/2 Acre Lot, Sprinklers Automatic, Sprinkler System
  • Pool Features: Gunite, In Ground
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Home Warranty
  • Home Warranty: Yes
  • Construction Type: Block
  • Direction Faces: East
  • Patio And Porch Features: Covered, Deck, Patio, Porch, Balcony
  • Property Condition: New Construction
  • 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 Closet, Laundry Tub
  • Security: Fire Alarm, Gated Community
  • 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 #: 06434729050110041
  • Lot Size Acres: 0.34
  • Lot Size: 100.0 ft x 150.0 ft
  • Lot Size Sq Ft: 14810.4
  • Mobile Dim Units: Feet
  • Zoning: R1A(ci

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 13502.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2018
Closed on
Jun 4, 2020
Sold by
1261 Cocoanut Llc
Bought by
Rudes Leslie and The Kenneth Rudes Grandchildre
Seller's Agent
Joseph Liguori
Premier Estate Properties Inc
Buyer's Agent
Melanie Bloom Haym
Compass Florida LLC
List Price
$4,250,000
Sold Price
$3,900,000
Premium/Discount to List
-$350,000
-8.24%
Current Estimated Value
$6,552,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,652,857
Avg. Annual Appreciation
9.38%

Purchase Details

Closed on
Feb 15, 2018
Sold by
Buffone Peter A and Buffone Mary Ann
Bought by
1261 Cocoanut Road Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,912,636
Interest Rate
3.99%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 15, 2005
Sold by
Buffone Maria M
Bought by
Buffone Peter A

Purchase Details

Closed on
Feb 24, 2003
Sold by
Buffone Maria M
Bought by
Buffone Peter A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
5.89%

Purchase Details

Closed on
Apr 25, 2001
Sold by
Peter A Buffone M and Peter Mary A
Bought by
Buffone Peter A

Purchase Details

Closed on
Nov 21, 1994
Sold by
Buffone Mahoney Iii Daniel J and Buffone Mahoney Suzanne
Bought by
Buffone Peter A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
9.01%
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
Rudes Leslie $3,900,000 Attorney
1261 Cocoanut Road Llc $900,000 Attorney
Buffone Peter A -- --
Buffone Peter A -- --
Buffone Peter A -- --
Buffone Peter A $390,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 1261 Cocoanut Road Llc $1,912,636
Previous Owner Buffone Peter A $490,000
Previous Owner Buffone Peter A $388,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/04/2020 06/04/20 Sold $3,900,000 -8.2% $995 / Sq Ft
05/05/2020 05/05/20 Pending -- -- --
03/30/2018 03/30/18 For Sale $4,250,000 -- $1,084 / 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 $73,272 $4,196,218 -- --
2024 $73,272 $3,814,744 -- --
2023 $71,276 $3,467,949 $2,578,578 $2,658,549
2022 $62,101 $3,152,681 $0 $0
2021 $52,076 $2,866,074 $975,000 $1,891,074
2020 $51,042 $2,808,917 $700,000 $2,108,917
2019 $13,710 $737,728 $735,000 $2,728
2018 $9,523 $559,608 $0 $0
2017 $9,455 $548,098 $0 $0
2016 $4,734 $536,825 $0 $0
2015 $9,711 $533,093 $0 $0
2014 $9,749 $528,862 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10418752

BeachesMLS (Greater Fort Lauderdale)

APN: 06-43-47-29-05-011-0041

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