$10,475,000
SOLD MAY 25, 2021
7 Beds
11 Baths
10,312 Sq Ft
0.52 Acres

Recently Sold

$1,016 Per Sq Ft

5% Below List Price

51 Days on Market

Highlights

  • Property has ocean access
  • Home Theater
  • Gated Community
  • Boca Raton Community Middle School Rated A-
  • Saltwater Pool
  • Waterfront

About This Home

As of May 2021

This home is located at 251 W Coconut Palm Rd, Boca Raton, FL 33432 and is currently priced at $10,475,000, approximately $1,015 per square foot. This property was built in 2001. 251 W Coconut Palm 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.

Last Agent to Sell the Property

Marcy Javor

Signature One Luxury Estates LLC License #3329310 Listed on: 03/04/2021

Signature One Luxury Estates LLC

Last Buyer's Agent

Marcy Javor

Signature One Luxury Estates LLC License #3329310 Listed on: 03/04/2021

Signature One Luxury Estates LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $111,900

Year Built

  • Built in 2001

Lot Details

  • 0.52 Acre Lot
  • Waterfront
  • Sprinkler System
  • Property is zoned R1A-Sing

HOA Fees

  • $370 Monthly HOA Fees

Parking

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

Property Views

  • Canal
  • Garden
  • Pool

Home Design

  • Concrete Roof

Interior Spaces

  • 10,312 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Furnished
  • Built-In Features
  • Bar
  • High Ceiling
  • Fireplace
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Home Theater
  • Den
  • Loft
  • Impact Glass

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Saltwater Pool
  • Property has ocean access
  • No Fixed Bridges
  • Canal Access
  • Patio
  • Outdoor Grill

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 06434729100020431

Community Details

Overview

  • Association fees include common areas, security
  • Royal Palm Yacht & Countr Subdivision

Security

  • Security Guard
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$111,900

Year Built

Built in 2001

Lot Details

0

HOA Fees

$370 per month

Parking

4

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: E Camino Real, on Royal Palm Way, Left on Royal Palm Way, Left on Date Palm Rd, Right on Coconut Palm Rd, 3rd house on your right.
  • Year Built: 2001
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Wet Bar, Built-in Features, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Elevator, Fireplace, High Ceilings, Kitchen/Dining Combo, Pantry, Bar, Walk-In Closet(s), Loft
  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 9
  • Half Bathrooms: 2
  • Total Bedrooms: 7
  • Fireplace: Yes
  • Flooring: Carpet, Marble
  • Living Area: 10312.0
  • Dining Room Type: Den, Family Room, Laundry, Loft, Media Room
  • Stories: 2
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Outdoor Grill, Patio
  • View: Canal, Garden, Pool
  • Lot Features: Sprinklers Automatic
  • Pool Features: Heated, Pool, Salt Water
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Canal Access, No Fixed Bridges, Ocean Access
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Concrete

Garage/Parking

  • Covered Parking Spaces: 4.0
  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Garage, Two or More Spaces, Garage Door Opener

Utilities

  • Security: Security Guard
  • Cooling: Central Air, Electric, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Electric, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 370.0
  • Community Features: Gated
  • Senior Community: No
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Security

Lot Info

  • Parcel #: 06434729100020431
  • Lot Size Sq Ft: 22476.0
  • Zoning Description: R1A-Sing
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 111900.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2021
Closed on
May 25, 2021
Sold by
Segal Scott A
Bought by
Cappuccio Paul
Seller's Agent
Marcy Javor
Signature One Luxury Estates LLC
Buyer's Agent
Marcy Javor
Signature One Luxury Estates LLC
List Price
$10,995,000
Sold Price
$10,475,000
Premium/Discount to List
-$520,000
-4.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.32%
Original Mortgage
$5,761,250
Outstanding Balance
$5,152,097
Interest Rate
2%
Mortgage Type
New Conventional
Estimated Equity
$7,912,199

Purchase Details

Listed on
Jun 2, 2020
Closed on
Dec 18, 2020
Sold by
Lavigne Rene La and Lavigne Librada La
Bought by
Segal Scott A
Seller's Agent
Marcy Javor
Signature One Luxury Estates LLC
Buyer's Agent
Marcy Javor
Signature One Luxury Estates LLC
List Price
$9,250,000
Sold Price
$8,500,000
Premium/Discount to List
-$750,000
-8.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
62.56%

Purchase Details

Listed on
May 5, 2017
Closed on
Jul 6, 2018
Sold by
Scott Rebecca J
Bought by
Lavigne Rene and Lavigne Librada
Seller's Agent
Geraldine Penniman
Premier Estate Properties Inc
Buyer's Agent
Patrick Gunther
The Corcoran Group
List Price
$7,995,000
Sold Price
$6,200,000
Premium/Discount to List
-$1,795,000
-22.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.74%

Purchase Details

Closed on
Jan 22, 2018
Sold by
Scott Steven M and Scott Rebecca J
Bought by
Scott Rebecca J

Purchase Details

Closed on
Nov 18, 2010
Sold by
Scott Rebecca J and Scott Steven M
Bought by
Scott Steven M and Scott Rebecca J

Purchase Details

Closed on
Sep 6, 2002
Sold by
Scott Steven M and Scott Rebecca J
Bought by
Scott Rebecca J

Purchase Details

Closed on
May 11, 2001
Sold by
Wenford L Hood I
Bought by
Scott Steven M and Scott Rebecca J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 20, 2000
Sold by
Osborne Ray C and Osborne Mary T
Bought by
Hood Wenford L and Hager William D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,240,000
Interest Rate
7.87%
Mortgage Type
New Conventional
Source: Public Records

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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 $10,475,000 Attorney
Warranty Deed $8,500,000 Attorney
Warranty Deed $6,200,000 Attorney
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- --
Warranty Deed $5,100,000 --
Warranty Deed $1,550,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $5,761,250 New Conventional
Previous Owner $5,000,000 Credit Line Revolving
Previous Owner $2,000,000 New Conventional
Previous Owner $1,240,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2025 05/02/25 For Sale $19,500,000 +86.2% $1,957 / Sq Ft
05/25/2021 05/25/21 Sold $10,475,000 -4.7% $1,016 / Sq Ft
04/25/2021 04/25/21 Pending -- -- --
03/04/2021 03/04/21 For Sale $10,995,000 +29.4% $1,066 / Sq Ft
12/18/2020 12/18/20 Sold $8,500,000 -8.1% $824 / Sq Ft
11/18/2020 11/18/20 Pending -- -- --
06/02/2020 06/02/20 For Sale $9,250,000 +49.2% $897 / Sq Ft
07/06/2018 07/06/18 Sold $6,200,000 -22.5% $601 / Sq Ft
06/06/2018 06/06/18 Pending -- -- --
05/05/2017 05/05/17 For Sale $7,995,000 -- $775 / 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 $169,054 $9,770,118 -- --
2023 $160,967 $8,881,925 $6,688,320 $3,465,325
2022 $142,129 $8,074,477 $0 $0
2021 $134,980 $7,457,334 $3,685,000 $3,772,334
2020 $111,900 $6,179,063 $3,350,000 $2,829,063
2019 $115,538 $5,200,000 $0 $0
2018 $126,313 $7,096,588 $3,344,738 $3,751,850
2017 $127,170 $7,030,319 $3,040,671 $3,989,648
2016 $90,587 $4,916,115 $0 $0
2015 $93,142 $4,881,941 $0 $0
2014 $93,535 $4,843,195 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10697182

BeachesMLS

APN: 06-43-47-29-10-002-0431