$1,322,500
SOLD OCT 22, 2015

231 Cocoanut Row Palm Beach, FL 33480

2 Beds
2 Baths
1,027 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$1,288 Per Sq Ft

146 Days on Market

Highlights

  • Cabana
  • Waterfront
  • Lanai
  • Palm Beach Public School Rated A-
  • Wood Flooring
  • No HOA

About This Home

As of October 2015

This adorable Palm Beach cottage is close to everything. The lot is 40 x 100 foot. 2 bedroom 2 bath plus a nice den. New kitchen and baths.
Great outdoor covered deck overlooks a private pool with a cabana guest house. This is a great condo alternative.

Last Agent to Sell the Property

Kim Raich

Sotheby's International Realty, Inc. License #0536911 Listed on: 05/28/2015

Sotheby's International Realty, Inc.

Last Buyer's Agent

Kim Waters

Brown Harris Stevens of Palm Beach 6598 License #SL-3279324

Brown Harris Stevens of Palm Beach 6598

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,715

Year Built

  • Built in 1943

Lot Details

  • 3,920 Sq Ft Lot
  • Waterfront
  • East Facing Home
  • Property is zoned RB

Parking

  • No Garage

Home Design

  • Asphalt Shingled Roof
  • Asphalt Roof

Interior Spaces

  • 1,027 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Double Hung Windows
  • Dining Room
  • Library
  • Wood Flooring

Kitchen

  • Single Oven
  • Electric Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Cabana
  • Outdoor Pool

Outdoor Features

  • Patio
  • Lanai

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Tropic Isle Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434322080006561

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,715

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.09
  • Lot Size: 40
  • Subdivision Name: Tropic Isle
  • Architectural Style: One Story
  • Year Built: 1943
  • Location Tax Legal:Zoned: RB
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 13715.26
  • Location Tax Legal:Tax Year2: 2014
  • General Property Description:Living Area: 1027.0
  • 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
  • General Property Description:Lot Dim (1): 40
  • Floors:Hardwood: Yes
  • WaterSewer:Sewer: Yes
  • General Property Description:Lot SqFt: 3920
  • Roof:Asphalt Shingle: Yes
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Style:One Story: Yes
  • Exposure:East: Yes
  • Windows:Double Hung: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Ice Maker, Range-Electric, Oven-Single, Microwave, Washer, Dryer
  • Total Bedrooms: 2
  • Flooring: Hardwood
  • Interior Amenities: Cable, Fireplace
  • Living Area: 1027.0
  • Window Features: Double Hung
  • Other Rooms:Dining Room: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Interior Features:Fireplace: Yes
  • Appliances:Oven-Single: Yes

Exterior Features

  • Lot Features: Up To 10,889 SF
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Construction Type: Other Construction
  • Exterior Features: Patio/Lanai, Cabana
  • Roof: Asphalt
  • Exterior Features:PatioLanai: Yes
  • Construction:Other Construction: Yes
  • Exterior Features:Cabana: Yes

Garage/Parking

  • Parking Features: No Garage
  • Garage:No Garage: Yes

Utilities

  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Lot Info

  • Land Lease Amount Frequency: Yes
  • Lot Size Sq Ft: 3920.0
  • Parcel #: 50434322080006561
  • Zoning: RB
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 13715.26
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2020
Sold by
Winston Bradford M and Winston Sandra B
Bought by
Greaves Travis A and Greaves Holly W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,332,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 11, 2015
Closed on
Oct 22, 2015
Sold by
Benk Paul
Bought by
Winston Bradford M and Powers Sandra B
Seller's Agent
Kim Raich
Sotheby's Intl. Realty, Inc.
Buyer's Agent
Kim Waters
Brown Harris Stevens of PB
List Price
$1,495,000
Sold Price
$1,322,500
Premium/Discount to List
-$172,500
-11.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.07%

Purchase Details

Closed on
Jun 7, 2006
Sold by
Stewart Andrew and Stewart Catherine
Bought by
Benk Paul

Purchase Details

Closed on
Mar 28, 2005
Sold by
East Coast Realty Llc
Bought by
Stewart Andrew and Stewart Catherine

Purchase Details

Closed on
Dec 31, 2004
Sold by
Hopper Patricia A
Bought by
East Coast Realty Llc

Purchase Details

Closed on
May 12, 1994
Sold by
Hopper Patricia A and Hopper Arthur F
Bought by
Hopper Patricia A and Hopper Arthur F
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 Type Sale Price Title Company
Warranty Deed $1,665,000 First American Title Ins Co
Warranty Deed $1,322,500 First American Title Ins Co
Warranty Deed $1,550,000 None Available
Quit Claim Deed -- --
Deed $750,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,400,000 New Conventional
Closed $1,332,000 New Conventional
Previous Owner $500,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2025 05/30/25 Price Changed $15,000 0.0% $15 / Sq Ft
05/30/2025 05/30/25 For Rent $15,000 0.0% --
01/15/2025 01/15/25 For Sale $3,995,000 0.0% $3,890 / Sq Ft
09/16/2024 09/16/24 For Rent $20,000 +100.0% --
01/30/2024 01/30/24 Rented $10,000 -44.4% --
01/29/2024 01/29/24 Under Contract -- -- --
08/25/2023 08/25/23 Price Changed $18,000 -40.0% $17 / Sq Ft
02/01/2023 02/01/23 For Rent $30,000 +20.0% --
02/01/2023 02/01/23 Rented $25,000 -16.7% --
01/27/2023 01/27/23 Under Contract -- -- --
01/04/2023 01/04/23 For Rent $30,000 +20.0% --
01/04/2023 01/04/23 Rented $25,000 -16.7% --
01/03/2023 01/03/23 Under Contract -- -- --
08/25/2022 08/25/22 For Rent $30,000 0.0% --
09/17/2021 09/17/21 For Rent $30,000 0.0% --
09/17/2021 09/17/21 Rented $30,000 0.0% --
10/22/2015 10/22/15 Sold $1,322,500 0.0% $1,288 / Sq Ft
10/22/2015 10/22/15 Sold $1,322,500 -11.5% $982 / Sq Ft
10/21/2015 10/21/15 Pending -- -- --
09/22/2015 09/22/15 Pending -- -- --
09/11/2015 09/11/15 For Sale $1,495,000 +13.0% $1,110 / Sq Ft
05/28/2015 05/28/15 For Sale $1,322,500 -- $1,288 / Sq Ft
Source: Palm Beach Board of REALTORS®

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 $30,655 $1,720,278 -- --
2023 $27,576 $1,563,889 $1,898,897 $270,565
2022 $25,090 $1,421,717 $0 $0
2021 $21,148 $1,292,470 $1,100,338 $192,132
2020 $15,972 $997,238 $0 $0
2019 $15,932 $974,817 $902,500 $72,317
2018 $18,494 $1,163,985 $1,020,812 $143,173
2017 $18,073 $1,045,339 $928,011 $117,328
2016 $17,700 $1,019,179 $0 $0
2015 $16,490 $873,936 $0 $0
2014 $14,592 $794,487 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 15-1153

APN: 50-43-43-22-08-000-6561