NOT LISTED FOR SALE

311 Cocoanut Row Unit 201 Palm Beach, FL 33480

Estimated Value: $2,198,124 - $2,942,000

2 Beds
2 Baths
1,666 Sq Ft
$1,527/Sq Ft Est. Value

Last Sold April 23, 2021

Last sale price $1,495,000 $897 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $15,325/month

Highlights

  • Home Theater
  • Traditional Architecture
  • Lanai
  • Palm Beach Public School Rated A-
  • Wood Flooring
  • Balcony

About This Home

As of February 2023

SEASONAL FURNISHED APARTMENT AVAILABLE. Great looking, fabulously spacious apartment available for rent on desirable Cocoanut Row, just two blocks from the world-renowned shopping and eateries of iconic Worth Avenue. Entirely renovated with brand new furnishings, designed by the Oliver Street Interior Design firm, this sun-filled second floor unit offers two large bedrooms each with its own newly updated bathroom and large walk-in closet. The high-end designer furnishings have been cultivated and carefully appointed to include Bespoke Scandinavian premium furniture, handmade English king bed, three 2022 Frame TVs along with a sound system throughout. Unique to the condo lifestyle, also featured is a private 300 sqft outdoor space with bar-b-que seating area. Additionally, this low-density

Last Agent to Rent the Property

Crista Ryan

Tina Fanjul Associates, Inc. License #SL-451844 Listed on: 09/12/2022

Last Renter's Agent

Crista Ryan

Tina Fanjul Associates, Inc. License #SL-451844 Listed on: 09/12/2022

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $22,727

Year Built

  • Built in 1986

Lot Details

  • Northwest Facing Home
  • Back Yard Fenced
  • Sprinkler System

Parking

  • 1 Parking Space

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,666 Sq Ft Home
  • 2-Story Property
  • Sound System
  • Ceiling Fan
  • Dining Area
  • Home Theater
  • Storage

Kitchen

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

Flooring

  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector
  • Pest Guard System

Eco-Friendly Details

  • Non-Toxic Pest Control

Outdoor Features

  • Balcony
  • Patio
  • Lanai

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Front Yard Maintenance
  • 311 Cocoanut Community
  • On-Site Maintenance

Listing and Financial Details

  • Security Deposit $20,000
  • Rent includes cable TV, water, sewer
  • Seasonal Lease Term
  • Assessor Parcel Number 50434322260002010

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$22,727

Year Built

Built in 1986

Lot Details

0

Rental Info

  • Tenant Pays: Tenant Pays

Listing Details

  • Property Sub Type: Condo/Coop
  • Prop. Type: Residential Lease
  • Subdivision Name: N/A
  • Architectural Style: Traditional, Two Story
  • Building Name: 311 Cocoanut
  • Year Built: 1986
  • Location Tax Legal:Name of Building: 311 Cocoanut
  • General Property Description:Pool: No
  • General Property Description:Waterfront: No
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Security:Security System: Yes
  • Exposure of Unit:North2: Yes
  • Floors:Hardwood: Yes
  • Style:Two Story: Yes
  • Contract Information:Deposit Amount: 20000.0
  • Laundry:Laundry in Unit2: Yes
  • Pets:Pets Allowed: No
  • Exposure of Unit:West2: Yes
  • Utilities Included:Basic Cable TV: Yes
  • Utilities Included:Water: Yes
  • Utilities Included:Sewer3: Yes
  • Floors:StoneBrick: Yes
  • Services Included:Pest Control2: Yes
  • Services Included:Trash Removal: Yes
  • Services Included:Yard Services: Yes
  • Lease Type:Seasonal: 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, Stone/Brick, Tile
  • Interior Amenities: Cable, Ceiling Fan, Sound System, Storage, Smoke Alarms, Pantry
  • Interior Features:Storage: Yes
  • Other Rooms:Pantry: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Interior Features:Ceiling Fan: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Oven-Single: Yes
  • Interior Features:Smoke Alarms2: Yes
  • Interior Features:Sound System: Yes
  • Other Rooms:Media Room: Yes

Exterior Features

  • Pool Features: No Pool
  • Pool Private: No
  • Exterior Features: Balcony, Patio/Lanai, Fence-Back Wall, Sprinkler System
  • Exterior Features:Balcony: Yes
  • Exterior Features:Sprinkler System: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Fence - Back Wall: Yes

Garage/Parking

  • Parking:_one_ Car2: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • Security: Security System
  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • HOA Rent Includes: Cable TV, Water, Sewer
  • Amenities: Pest Control, Trash Removal, Yard Services

Association/Amenities

  • Restrictions:Condo Association: Yes

Lot Info

  • Parcel #: 50434322260002010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2021
Closed on
Apr 23, 2021
Sold by
Island Girl Homes And Properties Llc
Bought by
Boyd Tyler Randolph and Boyd James Elizabeth
Seller's Agent
John Pangborn
The Corcoran Group
List Price
$1,495,000
Sold Price
$1,495,000
Current Estimated Value
$2,543,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,048,281
Avg. Annual Appreciation
12.77%
Original Mortgage
$1,345,350
Outstanding Balance
$1,217,317
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$1,325,964

Purchase Details

Listed on
Feb 18, 2021
Closed on
Apr 8, 2021
Sold by
Island Girl Homes & Prop Llc
Bought by
Boyd Tyler Randolph and Boyd James Elizabeth
Seller's Agent
John Pangborn
The Corcoran Group
List Price
$1,495,000
Sold Price
$1,495,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,345,350
Outstanding Balance
$1,217,317
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$1,325,964

Purchase Details

Listed on
Oct 11, 2017
Closed on
Jul 13, 2018
Sold by
Flrr Llc
Bought by
Island Girl Homes And Properties Llc
Seller's Agent
JUDGE MOSS
Sotheby's International Realty, Inc.
Buyer's Agent
Elizabeth Cleckner
The Corcoran Group
List Price
$775,000
Sold Price
$775,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.66%

Purchase Details

Closed on
Feb 2, 2017
Sold by
Horner Robrert R and Horner Roberrt
Bought by
Flrr Llc

Purchase Details

Closed on
May 3, 2006
Sold by
Gumina Else
Bought by
Horner Robert R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,450
Interest Rate
6.51%
Mortgage Type
Unknown

Purchase Details

Closed on
May 14, 1999
Sold by
Powell Sara D
Bought by
Gumina Else
Source: Public Records

Range of Values:

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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
Boyd Tyler Randolph $1,495,000 Attorney
Boyd Tyler Randolph $1,495,000 None Listed On Document
Island Girl Homes And Properties Llc $775,000 All County Title Agency Inc
Flrr Llc $650,400 None Available
Horner Robert R $705,000 Premier Title Company Ltd
Gumina Else $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boyd Tyler Randolph $1,345,350
Closed Boyd Tyler Randolph $1,345,350
Previous Owner Island Girl Homes And Properties Llc $542,500
Previous Owner Horner Robert $188,500
Previous Owner Horner Robert $70,450
Previous Owner Horner Robert R $564,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2023 02/22/23 Rented $2,100 -91.3% --
09/12/2022 09/12/22 For Rent $24,000 +9.1% --
09/12/2022 09/12/22 Rented $22,000 0.0% --
09/12/2022 09/12/22 Rented $22,000 -12.0% --
08/13/2022 08/13/22 Under Contract -- -- --
07/20/2022 07/20/22 Under Contract -- -- --
06/03/2022 06/03/22 For Rent $25,000 +13.6% --
11/16/2021 11/16/21 For Rent $22,000 0.0% --
04/23/2021 04/23/21 Sold $1,495,000 0.0% $897 / Sq Ft
03/24/2021 03/24/21 Pending -- -- --
02/18/2021 02/18/21 For Sale $1,495,000 +92.9% $897 / Sq Ft
07/13/2018 07/13/18 Sold $775,000 0.0% $465 / Sq Ft
05/21/2018 05/21/18 Pending -- -- --
10/11/2017 10/11/17 For Sale $775,000 -- $465 / 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 $22,727 $1,500,000 -- --
2023 $22,271 $1,425,600 $0 $1,500,000
2022 $20,467 $1,296,000 $0 $0
2021 $13,353 $880,000 $0 $880,000
2020 $11,458 $670,000 $0 $670,000
2019 $11,695 $670,000 $0 $670,000
2018 $11,821 $700,000 $0 $700,000
2017 $8,766 $541,737 $0 $0
2016 $8,540 $530,595 $0 $0
2015 $8,829 $526,907 $0 $0
2014 $8,868 $522,725 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 22-1327

APN: 50-43-43-22-26-000-2010