NOT LISTED FOR SALE

311 Cocoanut Row Unit 202 Palm Beach, FL 33480

Estimated Value: $2,189,555 - $2,972,000

2 Beds
2 Baths
1,666 Sq Ft
$1,530/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 $15,353/month

7 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • Central Heating and Cooling System
  • Palm Beach Public School Rated A-
  • High Impact Windows
  • Ceiling Fan

About This Home

As of April 2021

Located in the center of town, this spacious, elegant, and very chic 2 bedroom / 2 bath condominium at 311 Cocoanut Row #202 lives like a home with all the ease of owning a condominium.

Designed by Bierly Drake, sun filled rooms, high ceilings, and beautiful hardwood floors are just a few of the beautiful features that this house boasts. Recent renovations include a brand-new kitchen with stainless-steel appliances, granite countertops, and blue subway tile backsplash, as well as a huge, renovated bathroom that features a glass enclosed walk-in shower. Large walk-in closets, laundry room, and a private entrance accentuate the feeling of living in a house. Seconds away from mid-town beach, Worth Avenue, the Lake Trail, and The Society of the Four Arts, this unit is truly located in the heart of Palm Beach. With a new roof, very low maintenance, and an easy leasing policy, this pet friendly, boutique style 4-unit building offers the best of in town living.

This listing also offers a rare and unique opportunity to potentially combine this unit with the adjacent unit to create a 4 bedroom/ 4 bath condominium stretched over 3,300 square feet.

Last Agent to Sell the Property

Elizabeth Cleckner

The Corcoran Group License #584828 Listed on: 03/10/2021

The Corcoran Group

Co-Listed By

John Pangborn

The Corcoran Group License #477011

Last Buyer's Agent

PAT McINERNEY

THE FITE GROUP

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $11,458

Year Built

  • Built in 1956

Lot Details

  • Home has sun exposure from multiple directions
  • Back Yard Fenced

Interior Spaces

  • 1,666 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Dining Area

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • Fire and Smoke Detector

Parking

  • 1 Car Garage
  • No Garage
  • Open Parking

Outdoor Features

  • Balcony

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434322260002020

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area, maintenance exterior, sewer, water
  • 4 Units
  • 311 Cocoanut Community
  • On-Site Maintenance

Amenities

  • Common Area

Pet Policy

  • Pet Restriction

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$11,458

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: I95 exit Okeechobee Blvd, WPB east to Palm Beach, right at 1st light, apartment onleft
  • Building Name: 311 Cocoanut
  • Garage Yn: Yes
  • Year Built: 1956
  • Location Tax Legal:Name of Building: 311 Cocoanut
  • Location Tax Legal:Zoned: R-C - Medium Density Residential
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 11458.0
  • Location Tax Legal:Tax Year2: 2020
  • General Property Description:Pool: No
  • General Property Description:Waterfront: No
  • General Property Description:Maintenance Amount: 504.58
  • General Property Description:_pound_ Units in Complex: 4
  • General Property Description:_pound_ Floors: 2.0
  • Exposure of Unit:East2: Yes
  • Exposure of Unit:South2: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Laundry:Laundry in Unit: Yes
  • Maintenance Includes:Common Area: Yes
  • Maintenance Includes:Exterior Bldg: Yes
  • Maintenance Includes:Sewer2: Yes
  • Maintenance Includes:Water2: Yes
  • Floors:Hardwood: Yes
  • Floors:WW Carpeting: Yes
  • Exposure of Unit:West2: Yes
  • Lease Restrictions Pets W Restrictions: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Ice Maker, Oven-Single, Microwave, Washer, Dryer, Range - Electric
  • Total Bedrooms: 2
  • Flooring: Hardwood, Tile, W/W Carpeting
  • Interior Amenities: Cable, Ceiling Fan, Smoke Alarms, Pantry
  • Stories: 2
  • Interior Features:Smoke Alarms: 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

Exterior Features

  • Pool Features: No Pool
  • Pool Private: No
  • Exterior Features: Balcony, Impact Windows, Fence - Back Wall
  • Exterior Features:Balcony: Yes
  • Exterior Features:Impact Windows: Yes
  • Exterior Features:Fence - Back Wall: Yes

Garage/Parking

  • Parking:_one_ Car2: Yes
  • Parking:Open Parking: Yes
  • Parking:No Garage2: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • Security: No Security
  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

  • Association Fee Includes: Common Area, Maintenance Exterior, Sewer, Water

Lot Info

  • Parcel #: 50434322260002020
  • Zoning: R-C - Medium Density

Multi Family

  • Number Of Units Total: 4
  • Maintenance Expense: 504.58

Tax Info

  • Tax Annual Amount: 11458.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2021
Closed on
Apr 23, 2021
Sold by
Island Girl Homes And Properties Llc
Bought by
Merck Caroline Grace
Seller's Agent
Elizabeth Cleckner
The Corcoran Group
Buyer's Agent
PAT McINERNEY
THE FITE GROUP
List Price
$1,495,000
Sold Price
$1,495,000
Current Estimated Value
$2,548,639

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,053,639
Avg. Annual Appreciation
12.83%

Purchase Details

Listed on
Mar 10, 2021
Closed on
Apr 8, 2021
Sold by
Island Girl Homes & Prop Llc
Bought by
Merck Caroline Grace
Seller's Agent
Elizabeth Cleckner
The Corcoran Group
Buyer's Agent
PAT McINERNEY
THE FITE GROUP
List Price
$1,495,000
Sold Price
$1,495,000

Purchase Details

Listed on
Apr 4, 2018
Closed on
Jul 13, 2018
Sold by
Kaufmann Ellen Fuller
Bought by
Island Girl Homes And Properties Llc
Seller's Agent
Denise Hanley
Denise A. Hanley, Inc.
Buyer's Agent
Denise Hanley
Denise A. Hanley, Inc.
List Price
$845,000
Sold Price
$845,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.78%

Purchase Details

Closed on
Dec 20, 2006
Sold by
Pelican Crossing Llc
Bought by
Kaufmann Ellen Fuller

Purchase Details

Closed on
Nov 17, 2004
Sold by
Weiss Robin E and Donnelley Richard R
Bought by
Pelican Crossing Llc

Purchase Details

Closed on
Sep 7, 2001
Sold by
Broberg Gustave T
Bought by
Weiss Robin E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
6.98%
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
Merck Caroline Grace $1,495,000 Attorney
Merck Caroline Grace $1,495,000 None Listed On Document
Island Girl Homes And Properties Llc $845,000 Attorney
Kaufmann Ellen Fuller -- Attorney
Pelican Crossing Llc $630,000 --
Weiss Robin E $340,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Island Girl Homes And Proeprties Llc $591,500
Previous Owner Weiss Robin E $272,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2021 04/23/21 Sold $1,495,000 0.0% $897 / Sq Ft
04/23/2021 04/23/21 Sold $1,495,000 0.0% $897 / Sq Ft
03/24/2021 03/24/21 Pending -- -- --
03/17/2021 03/17/21 Pending -- -- --
03/10/2021 03/10/21 For Sale $1,495,000 0.0% $897 / Sq Ft
02/18/2021 02/18/21 For Sale $1,495,000 +76.9% $897 / Sq Ft
07/13/2018 07/13/18 Sold $845,000 0.0% $507 / Sq Ft
04/25/2018 04/25/18 Pending -- -- --
04/04/2018 04/04/18 For Sale $845,000 -- $507 / 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 $0
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: 21-236

APN: 50-43-43-22-26-000-2020