NOT LISTED FOR SALE

315 Cocoanut Row Palm Beach, FL 33480

Estimated Value: $8,717,000 - $12,497,529

5 Beds
5 Baths
4,503 Sq Ft
$2,231/Sq Ft Est. Value

Last Sold May 12, 2023

Last sale price $14,000,000 $3,109 Per Sq Ft

Est. 28% decrease in value since last sale

Current estimated payment $64,648/month

35 Days on Market

Highlights

  • Outdoor Pool
  • Waterfront
  • Traditional Architecture
  • Palm Beach Public School Rated A-
  • Marble Flooring
  • Lanai

About This Home

As of May 2023

Welcome to a tastefully renovated single family home situated on a highly sought-after corner lot in the heart of Palm Beach. This house originally was designed by prominent Palm Beach Architect, John Volk. The original wrought iron detail can still be found on the properties front door and balconies. This 5-bedroom residence features three distinct living areas, expertly designed to merge into a grand single-family home seamlessly. In addition, there is a versatile multipurpose room adjacent to the pool, complete with a full bathroom, providing endless possibilities for as an additional bedroom, fitness center, office, cabana, yoga studio, or living quarters for staff. As you step outside, immerse yourself in a luxurious outdoor oasis, surrounded by lush tropical foliage and a private pool, creating an
ideal retreat for relaxation and entertainment. A spacious circular driveway, capable of accommodating six or more vehicles, provides plenty of added space for the mid-town home.

Located in the heart of Palm Beach, residents can indulge in a lifestyle of unparalleled convenience, with access to renowned restaurants, pristine beaches, the Brazilian docks, the serene lake trail, The Brazilian Court, and Worth Avenue.

Discover the best of Palm Beach living, with world-class golf courses, museums, and other attractions just a stone's throw away. Don't miss the opportunity to call this rarely available property your home and enjoy the best of luxury living in Palm Beach.

Last Agent to Sell the Property

Ashley McIntosh

Douglas Elliman License #476962 Listed on: 03/27/2023

Douglas Elliman

Co-Listed By

Chris Leavitt

Douglas Elliman License #SL-3232586

Last Buyer's Agent

GARY POHRER

THE CORCORAN GROUP 2435

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $59,101

Year Built

  • Built in 1953

Lot Details

  • 10,019 Sq Ft Lot
  • Waterfront
  • Corner Lot
  • Property is zoned RC

Parking

  • Attached Garage

Home Design

  • Traditional Architecture
  • Tile Roof
  • Fiber Cement Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,503 Sq Ft Home
  • 2-Story Property
  • Awning

Kitchen

  • Single Oven
  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • High Impact Windows

Outdoor Features

  • Outdoor Pool
  • Balcony
  • Patio
  • Lanai

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Royal Park Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434323050020011

Home Details

Home Type

Single Family

Est. Annual Taxes

$59,101

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.23
  • Lot Size: 100
  • Subdivision Name: Royal Park
  • Directions: Corner of Cocoanut Row & Brazilian
  • Architectural Style: Traditional, Two Story
  • Year Built: 1953
  • Location Tax Legal:Zoned: RC
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 59100.99
  • Location Tax Legal:Tax Year2: 2020
  • General Property Description:Living Area: 4503.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Security:Security System: Yes
  • General Property Description:Lot Dim (1): 100
  • Floors:Hardwood: Yes
  • Floors:Marble: Yes
  • Roof:Cement Tile: Yes
  • WaterSewer:Sewer: Yes
  • Style:Two Story: Yes
  • Windows:Impact Glass - Full: Yes
  • General Property Description:Lot SqFt: 10019
  • WaterSewer:City Water: Yes
  • Windows:Awning: Yes
  • HOA:None: Yes
  • Lot Size:Corner Lot: Yes
  • Garage 2 Car: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Range-Electric, Range-Gas, Oven-Single, Washer, Dryer
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Flooring: Hardwood, Marble, Tile
  • Interior Amenities: Cable
  • Living Area: 4503.0
  • Window Features: Awning, Impact Glass-Full
  • Appliances Dishwasher: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Appliances:Oven-Single: Yes
  • Appliances:Range-Gas: Yes

Exterior Features

  • Lot Features: Up To 10,889 SF, Corner Lot
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco
  • Exterior Features: Balcony, Patio/Lanai, Impact Windows
  • Roof: Cement Tile
  • Exterior Features:Balcony: Yes
  • Exterior Features:Impact Windows: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes

Garage/Parking

  • Parking Features: 2 Car, Attached
  • Garage: Yes

Utilities

  • Security: Security System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central Heat
  • Heating Yn: Yes
  • Water Source: City Water, Sewer

Lot Info

  • Land Lease Amount Frequency: No
  • Lot Size Sq Ft: 10019.0
  • Parcel #: 50434323050020011
  • Zoning: RC
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 59100.99
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2023
Closed on
May 12, 2023
Sold by
Schorr Melissa Lynn and Schorr Jerry
Bought by
Knott Virginia Commander
Seller's Agent
Ashley McIntosh
Douglas Elliman
Buyer's Agent
GARY POHRER
THE CORCORAN GROUP 2435
List Price
$16,495,000
Sold Price
$14,000,000
Premium/Discount to List
-$2,495,000
-15.13%
Views
83
Current Estimated Value
$10,047,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,952,157
Avg. Annual Appreciation
-13.06%

Purchase Details

Listed on
Oct 26, 2020
Closed on
Mar 18, 2021
Sold by
Donwilong Llc
Bought by
Schorr Melissa Lynn
Seller's Agent
Barry Ratner
Douglas Elliman
Buyer's Agent
MICHAEL HARRIS
MARTHA A. GOTTFRIED, INC. 0200
List Price
$4,250,000
Sold Price
$4,250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
74.10%
Original Mortgage
$2,150,000
Interest Rate
2.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 2013
Sold by
Allison Annette D
Bought by
Donwilong Llc

Purchase Details

Closed on
Feb 6, 2002
Sold by
Summit Argo Inc
Bought by
Allison J Richard and Allison Annette D

Purchase Details

Closed on
Oct 5, 1998
Sold by
Chambers Jack C and Chambers Ingeburg R
Bought by
Summit-Argo Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Interest Rate
6.96%
Mortgage Type
Balloon
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
Knott Virginia Commander $14,000,000 None Listed On Document
Schorr Melissa Lynn $4,250,000 Attorney
Donwilong Llc $2,475,000 Attorney
Allison J Richard -- Affinity Title Ins Agency In
Summit-Argo Inc $950,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knott Virginia Commander $9,000,000
Previous Owner Schorr Melissa Lynn $2,150,000
Previous Owner Allison J Richard $1,650,000
Previous Owner Allison J Richard $425,000
Previous Owner Allison J Richard $379,993
Previous Owner Summit-Argo Inc $101,652
Previous Owner Summit-Argo Inc $500,000
Previous Owner Summit-Argo Inc $355,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2023 05/12/23 Sold $14,000,000 -9.4% $3,109 / Sq Ft
05/01/2023 05/01/23 Pending -- -- --
04/05/2023 04/05/23 Price Changed $15,450,000 -6.3% $3,431 / Sq Ft
03/27/2023 03/27/23 For Sale $16,495,000 +288.1% $3,663 / Sq Ft
03/18/2021 03/18/21 Sold $4,250,000 0.0% $944 / Sq Ft
01/28/2021 01/28/21 Pending -- -- --
10/26/2020 10/26/20 For Sale $4,250,000 -- $944 / 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 $139,037 $9,262,743 -- --
2023 $85,363 $5,610,399 $0 $0
2022 $85,499 $5,446,989 $0 $0
2021 $61,796 $3,700,701 $2,861,100 $839,601
2020 $59,101 $3,481,302 $2,677,500 $803,802
2019 $54,975 $3,159,347 $2,422,500 $736,847
2018 $55,482 $3,460,930 $2,661,830 $799,100
2017 $50,113 $2,912,244 $2,419,845 $492,399
2016 $47,488 $2,632,804 $0 $0
2015 $44,583 $2,393,458 $0 $0
2014 $40,522 $2,175,871 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 23-565

APN: 50-43-43-23-05-002-0011