NOT LISTED FOR SALE

Estimated Value: $7,707,000

5 Beds
6.5 Baths
7,715 Sq Ft
$999/Sq Ft Est. Value

Last Sold September 12, 2019

Last sale price $6,175,000 $800 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $49,835/month

115 Days on Market

Highlights

  • Property has ocean access
  • Heated Pool
  • Canal View
  • Boca Raton Community Middle School Rated A-
  • Waterfront
  • Vaulted Ceiling

About This Home

As of September 2019

This home is located at 324 E Coconut Palm Rd, Boca Raton, FL 33432 since 19 April 2019 and is currently priced at $7,707,000, approximately $998 per square foot. This property was built in 2001. 324 E 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

David Roberts

Royal Palm Properties LLC License #464265 Listed on: 04/19/2019

Last Buyer's Agent

Jon-Peter DiMisa

Douglas Elliman License #3015896

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $78,715

Year Built

  • Built in 2001

Lot Details

  • 0.43 Acre Lot
  • Waterfront
  • Northwest Facing Home
  • Property is zoned R1A(ci

HOA Fees

  • $217 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Canal
  • Garden
  • Pool

Interior Spaces

  • 7,715 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • French Doors
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Den
  • Impact Glass

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite
  • Roman Tub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Heated Pool
  • Property has ocean access
  • No Fixed Bridges
  • Canal Access
  • Balcony
  • Open Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 06434729100020180

Community Details

Overview

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

Security

  • Security Guard

Home Details

Home Type

Single Family

Est. Annual Taxes

$78,715

Year Built

Built in 2001

Lot Details

0

HOA Fees

$217 per month

Parking

4

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Royal Palm Yacht & Country Club
  • Year Built: 2001
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Breakfast Area, Dining Area, Separate/Formal Dining Room, Entrance Foyer, French Door(s)/Atrium Door(s), Fireplace, Garden Tub/Roman Tub, High Ceilings, Pantry, Split Bedrooms, Vaulted Ceiling(s), Bar, Walk-In Closet(s), Central Vacuum
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Gas Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Marble, Wood
  • Living Area: 7715.0
  • Dining Room Type: Den, Family Room, In-Law Suite, Laundry, Storage Room
  • Stories: 2
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Balcony, Outdoor Grill, Patio
  • View: Canal, Garden, Pool
  • Pool Features: Heated, Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Canal Access, No Fixed Bridges, Ocean Access
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: Northwest
  • Patio And Porch Features: Balcony, Open, Patio
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Security: Security Guard
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 217.0
  • Senior Community: No
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Security

Lot Info

  • Parcel #: 06434729100020180
  • Lot Size Sq Ft: 18641.0
  • Zoning Description: R1A(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 78715.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2019
Closed on
Sep 12, 2019
Sold by
Rack Gary J and Rack Videl W
Bought by
Hagerty Michael and Hagerty Michellle
Seller's Agent
David Roberts
Royal Palm Properties LLC
Buyer's Agent
Jon-Peter DiMisa
Douglas Elliman
List Price
$6,750,000
Sold Price
$6,175,000
Premium/Discount to List
-$575,000
-8.52%
Current Estimated Value
$7,707,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,532,000

Purchase Details

Closed on
Dec 2, 1998
Sold by
Comparato Anthony and Comparato Edith
Bought by
Rack Gary J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,015,000
Interest Rate
6.77%
Mortgage Type
New Conventional
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
Hagerty Michael $6,175,000 Attorney
Rack Gary J $1,450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rack Gary J $3,353,000
Previous Owner Rack Gary J $327,200
Previous Owner Rack Gary J $3,500,000
Previous Owner Rack Gary J $1,015,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2019 09/12/19 Sold $6,175,000 -8.5% $800 / Sq Ft
08/13/2019 08/13/19 Pending -- -- --
04/19/2019 04/19/19 For Sale $6,750,000 -- $875 / 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
2021 $66,622 $3,689,557 $3,685,000 $4,557
2020 $42,336 $2,384,727 $0 $0
2019 $82,701 $4,541,248 $0 $0
2018 $78,715 $4,456,573 $0 $0
2017 $98,201 $5,465,688 $2,764,246 $2,701,442
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10523516

BeachesMLS

APN: 06-43-47-29-10-002-0180