NOT LISTED FOR SALE

1261 Cocoanut Rd Boca Raton, FL 33432

Spanish River Land Neighborhood

Estimated Value: $4,938,000 - $7,447,000

4 Beds
4.5 Baths
3,919 Sq Ft
$1,594/Sq Ft Est. Value

Last Sold June 04, 2020

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

Est. 60% increase in value since last sale

Current estimated payment $40,603/month

766 Days on Market

Highlights

  • New Construction
  • 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.

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 | New Construction

Lot Details

  • 0.34 Acre Lot
  • Fenced
  • Sprinkler System
  • Property is zoned R1A(ci

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Interior Spaces

  • 3,919 Sq Ft Home
  • 1-Story Property
  • Decorative Fireplace
  • Entrance Foyer
  • Family Room
  • Florida or Dining Combination
  • Den
  • Pool Views

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Roman Tub

Laundry

  • Laundry Room
  • Laundry Tub

Home Security

  • Security Gate
  • Impact Glass

Outdoor Features

  • Gunite Pool
  • Deck
  • Open Patio
  • Outdoor Grill
  • Porch

Utilities

  • Central Heating and Cooling System

Community Details

  • 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 | New Construction

Lot Details

0

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
  • New Construction: Yes
  • Year Built Details: New Construction
  • Special Features: NewHome

Interior Features

  • Interior Amenities: Breakfast Area, Entrance Foyer, Eat-in Kitchen, Family/Dining Room, Fireplace, Garden Tub/Roman Tub, Pantry, Split Bedrooms, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Disposal, Gas Range
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Decorative
  • Flooring: Other
  • Living Area: 3919.0
  • Dining Room Type: Den, Family Room, Laundry
  • Stories: 1
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Deck, Fence, Outdoor Grill, Porch, Patio
  • View: Pool
  • Lot Features: Sprinklers Automatic
  • Pool Features: Gunite, Pool
  • Pool Private: Yes
  • Waterfront: No
  • Disclosures: Home Warranty
  • Construction Type: Block
  • Patio And Porch Features: Deck, Open, Patio, Porch
  • 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, Driveway, Garage, Garage Door Opener

Utilities

  • Laundry Features: Laundry Tub
  • Security: Security Gate
  • 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

  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 06434729050110041
  • Lot Size Sq Ft: 15000.0
  • Zoning Description: R1A(ci
  • ResoLotSizeUnits: SquareFeet

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
$6,246,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,346,220
Avg. Annual Appreciation
10.18%

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:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 $570,000
Previous Owner Buffone Peter A $200,000
Previous Owner Buffone Peter A $490,000
Previous Owner Buffone Peter A $388,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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

Tax History Compared to Growth

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 $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

  • Joseph Liguori

    Seller's Agent in 2020

    Joseph Liguori

    Premier Estate Properties Inc

    (561) 702-3477

    33 in this area

    133 Total Sales

    Section Image

  • M

    Buyer's Agent in 2020

    Melanie Bloom Haym

    Compass Florida LLC

    (561) 289-2036

    99 Total Sales

    Section Image
  • Michael Bloom

    Buyer Co-Listing Agent in 2020

    Michael Bloom

    Compass Florida LLC

    (561) 212-2388

    101 Total Sales

    Section Image
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Map

Source: BeachesMLS

MLS Number: R10418752

BeachesMLS

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

Florida Palm Beach County Boca Raton 33432 Spanish River Land

1261 Cocoanut Rd, Boca Raton, FL

This home is located at 1261 Cocoanut Rd, Boca Raton, FL 33432 since 30 March 2018 and is currently estimated at $6,246,220, approximately $1,593 per square foot. This property was built in 2019. 1261 Cocoanut Rd is a home located in Palm Beach County with nearby schools including Boca Raton Elementary School, Boca Raton Community Middle School, and Boca Raton Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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