NOT LISTED FOR SALE

335 Cocoanut Row Palm Beach, FL 33480

Estimated Value: $6,926,000 - $7,265,000

0.14 Acre
$50,884,907 Price per Acre
6,098 Sq Ft Lot

Last Sold January 03, 2023

Last sale price $5,995,000

Est. 19% increase in value since last sale

Current estimated payment $44,991/month

13 Days on Market

About This Lot

As of January 2023

Build your dream home in a prime in town location near Worth Ave. This beautiful palm tree lined property is centrally located in town just minutes to Worth Ave's world-class shops and restaurants offering the ultimate Palm Beach lifestyle. A once in a lifetime opportunity to build the Palm Beach home of your dreams on one of the most desirable and lowest priced land parcels in Palm Beach. ARCOM approved plans for a lovely Florida-style home included in sale or build to your specifications. A rare opportunity.

Last Agent to Sell the Property

Jacqueline Zimmerman

Douglas Elliman License #3158513 Listed on: 11/29/2022

Douglas Elliman

Co-Listed By

Adam Zimmerman

Douglas Elliman License #3158514

Last Buyer's Agent

Dana Landry

Dana Edward Landry License #BK-3287274

Dana Edward Landry

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $32,364

Lot Details

  • 6,098 Sq Ft Lot
  • Waterfront
  • West Facing Home
  • Property is zoned R-C - Medium Density Residential, R-C - Medium Density

Community Details

  • Royal Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434323050030011

Property Details

Property Type

Land

Est. Annual Taxes

$32,364

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Land
  • Lot Size Acres: 0.14
  • Subdivision Name: Royal Park
  • Directions: Royal Palm Way to Cocoanut Row. Take a right on Cocoanut Row. Located in the middle of the street on the left side between Brazilian and Australian Avenues.
  • Location Tax Legal:Zoned: R-C - Medium Density Residential
  • Location Tax Legal:Taxes2: 32364.0
  • Location Tax Legal:Tax Year2: 2022
  • General Property Description:Waterfront: No
  • General Property Description:Lot Dim (1): 40
  • General Property Description:Lot SqFt: 6098
  • Exposure:West: Yes
  • Land Improvements:Electric Available: Yes
  • Land Improvements:Water Available: Yes
  • Land Improvements:Sewer Available: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Up To 10,889 SF
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes

Utilities

  • Utilities: Electric Available, Sewer Available, Water Available

Lot Info

  • Lot Size Sq Ft: 6098.0
  • Parcel #: 50434323050030011
  • Zoning: R-C - Medium Density
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 32364.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2022
Closed on
Jan 3, 2023
Sold by
N & R 335 Llc
Bought by
335 Cocoanut Row Trust
Seller's Agent
Jacqueline Zimmerman
Douglas Elliman
Buyer's Agent
Dana Landry
Dana Edward Landry
List Price
$5,995,000
Sold Price
$5,995,000
Views
13
Current Estimated Value
$7,123,887

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,128,887
Avg. Annual Appreciation
7.55%

Purchase Details

Closed on
Jan 22, 2018
Sold by
E &R Ii Llc
Bought by
Kassatly Edward M and Kassartly Robert F

Purchase Details

Closed on
Jun 11, 2013
Sold by
Kassatly Edward M and Kassatly Robert F
Bought by
E&R Ii Llc

Purchase Details

Closed on
Jun 2, 1995
Sold by
Kassatly Alice W and Kassatly Edward M
Bought by
Kassatly Edward M and Kassatly Robert F
Source: Public Records

Range of Values:

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Average Value
Not Available
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
335 Cocoanut Row Trust $5,995,000 --
Kassatly Edward M -- Attorney
E&R Ii Llc -- None Available
Kassatly Edward M -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2023 01/03/23 Sold $5,995,000 0.0% --
12/12/2022 12/12/22 Pending -- -- --
11/29/2022 11/29/22 For Sale $5,995,000 -- --
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 $63,674 $4,163,832 -- --
2023 $69,082 $4,494,160 $3,600,559 $893,601
2022 $32,365 $1,607,348 $0 $0
2021 $27,681 $1,798,447 $1,785,375 $13,072
2020 $23,592 $1,334,881 $1,323,000 $11,881
2019 $21,992 $1,207,624 $1,197,000 $10,624
2018 $22,555 $1,283,852 $1,272,266 $11,586
2017 $21,061 $1,165,407 $1,156,605 $8,802
2016 $19,886 $1,083,295 $0 $0
2015 $18,471 $984,814 $0 $0
2014 $17,106 $895,620 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 22-1749

APN: 50-43-43-23-05-003-0011