NOT LISTED FOR SALE

330 Cocoanut Row Unit 5B Palm Beach, FL 33480

Estimated Value: $3,324,000 - $3,742,000

3 Beds
2 Baths
1,780 Sq Ft
$1,967/Sq Ft Est. Value

Last Sold December 28, 2021

Last sale price $2,680,000 $1,506 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $23,107/month

7 Days on Market

Highlights

  • Doorman
  • Wine Refrigerator
  • High Impact Windows
  • Palm Beach Public School Rated A-
  • Balcony
  • Library

About This Home

As of December 2021

Delightful fifth floor Southeast corner apartment with treetop in-town views. Tastefully remodeled with beautiful kitchen and baths and laundry in apartment. Impact windows and doors. The third bedroom is currently being used as a library but easily returned to a bedroom. Most convenient location to the Town Docks, Worth Avenue, fine dining an the beach.

Last Agent to Sell the Property

Lynn Warren

Sotheby's International Realty, Inc. License #SL-497454 Listed on: 11/15/2021

Sotheby's International Realty, Inc.

Co-Listed By

Gary Little

Sotheby's International Realty, Inc. License #SL-497423

Sotheby's International Realty, Inc.

Last Buyer's Agent

GARY LITTLE

MCCANN COYNER CLARKE

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $21,018

Year Built

  • Built in 1982

Lot Details

  • Southeast Facing Home
  • Sprinkler System

HOA Fees

  • $1,786 Monthly HOA Fees

Interior Spaces

  • 1,780 Sq Ft Home
  • Dining Area
  • Library

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Wine Refrigerator

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Parking

  • 1 Parking Space
  • Covered Parking

Outdoor Features

  • Balcony

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434327540000052

Community Details

Overview

  • Association fees include insurance, cable TV, common area, maintenance exterior, trash
  • 22 Units
  • 330 Cocoanut Row Community
  • On-Site Maintenance
  • 6-Story Property

Amenities

  • Doorman
  • Common Area
  • Elevator

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$21,018

Year Built

Built in 1982

Lot Details

0

HOA Fees

$1,786 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Building Name: 330 Cocoanut Row
  • Year Built: 1982
  • Location Tax Legal:Name of Building: 330 Cocoanut Row
  • Location Tax Legal:Zoned: 0407 Residential - Total Value - Condominium - Residential
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 21017.88
  • Location Tax Legal:Tax Year2: 2020
  • General Property Description:Living Area: 1780.0
  • General Property Description:Pool: No
  • General Property Description:Waterfront: No
  • General Property Description:Maintenance Amount: 5357.47
  • General Property Description:Per: Quarter
  • General Property Description:_pound_ Units in Complex: 22
  • General Property Description:_pound_ Floors: 6.0
  • 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
  • Security:Door Person: Yes
  • Services Included:Full Time Manager: Yes
  • Maintenance Includes:Common Area: Yes
  • Maintenance Includes:Exterior Bldg: Yes
  • Maintenance Includes:Garbage Pickup: Yes
  • Floors:WW Carpeting: Yes
  • Pets:Pets Allowed: Yes
  • Maintenance Includes:Cable TV: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Refrigerator, Refrigerator-Wine, Microwave, Washer, Dryer, Range - Electric
  • Total Bedrooms: 3
  • Flooring: Tile, W/W Carpeting
  • Interior Amenities: Cable, Wndw Trmnts Included, Smoke Alarms
  • Living Area: 1780.0
  • Stories: 6
  • Interior Features:Smoke Alarms: Yes
  • Interior Features:Wndw Trmnts Included: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Other Rooms:Dining Area: Yes

Exterior Features

  • Pool Features: No Pool
  • Pool Private: No
  • Exterior Features: Balcony, Sprinkler System, Impact Doors, Impact Windows, Elevator
  • Exterior Features:Balcony: Yes
  • Exterior Features:Sprinkler System: Yes
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Impact Doors: Yes
  • Exterior Features:Impact Windows: Yes

Garage/Parking

  • Parking:_one_ Car2: Yes
  • Parking:Covered Parking: Yes

Utilities

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

Condo/Co-op/Association

  • Amenities: Full Time Manager
  • Association: Yes

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Cable TV, Common Area, Maintenance Exterior, Trash

Lot Info

  • Development Status: Land Owned
  • Parcel #: 50434327540000052
  • Zoning: 0407 Residential - Total

Rental Info

  • Pets Other: with interview

Multi Family

  • Number Of Units Total: 22
  • Maintenance Expense: 5357.47

Tax Info

  • Tax Annual Amount: 21017.88
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2021
Closed on
Dec 22, 2021
Sold by
Evans Millas and Evans Susan
Bought by
Restaino Karen
Seller's Agent
Lynn Warren
Sotheby's International Realty, Inc.
Buyer's Agent
GARY LITTLE
MCCANN COYNER CLARKE
List Price
$2,680,000
Sold Price
$2,680,000
Current Estimated Value
$3,501,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$821,933
Avg. Annual Appreciation
5.56%
Original Mortgage
$1,608,000
Outstanding Balance
$1,484,780
Interest Rate
2.25%
Mortgage Type
New Conventional
Estimated Equity
$1,796,625

Purchase Details

Closed on
Nov 8, 2006
Sold by
Brous Robert A
Bought by
Millas Timi and Millas Susan G Evans

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 2, 2006
Sold by
Brous Mort L
Bought by
Millas Timi and Millas Susan G Evans

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 16, 1998
Sold by
John D Alexander Jr Tr and Caroline R Alexander Tr
Bought by
Brous Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.07%
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
Restaino Karen $2,680,000 Rabideau Klein
Millas Timi -- Attorney
Millas Timi -- Attorney
Millas Timi $1,250,000 Attorney
Millas Timi -- Attorney
Brous Nancy $255,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Restaino Karen $1,608,000
Previous Owner Millas Timi $417,000
Previous Owner Millas Timi $500,000
Previous Owner Brous Nancy M $682,500
Previous Owner Brous Nancy $153,000
Previous Owner Brous Nancy $360,000
Previous Owner Brous Nancy $250,000
Previous Owner Brous Nancy $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2021 12/28/21 Sold $2,680,000 0.0% $1,506 / Sq Ft
11/22/2021 11/22/21 Pending -- -- --
11/15/2021 11/15/21 For Sale $2,680,000 -- $1,506 / 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 $33,922 $2,303,264 -- --
2023 $33,214 $2,236,179 $0 $0
2022 $35,949 $2,300,400 $0 $0
2021 $23,061 $1,430,000 $0 $1,430,000
2020 $21,018 $1,255,000 $0 $1,255,000
2019 $20,871 $1,220,000 $0 $1,220,000
2018 $20,205 $1,220,000 $0 $1,220,000
2017 $20,181 $1,220,000 $0 $0
2016 $19,142 $1,067,000 $0 $0
2015 $17,475 $970,000 $0 $0
2014 $16,159 $885,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 21-1619

APN: 50-43-43-27-54-000-0052