NOT LISTED FOR SALE

339 Cocoanut Row Palm Beach, FL 33480

Estimated Value: $3,596,347 - $7,802,000

5 Beds
5 Baths
3,616 Sq Ft
$1,455/Sq Ft Est. Value

Last Sold July 14, 2017

Last sale price $1,900,000 $525 Per Sq Ft

Est. 177% increase in value since last sale

Current estimated payment $33,262/month

705 Days on Market

Highlights

  • Waterfront
  • Marble Flooring
  • No HOA
  • Palm Beach Public School Rated A-
  • Mediterranean Architecture
  • Fireplace

About This Home

As of July 2017

Remake History

Don't miss an incredible investment opportunity in the heart of Palm Beach. Currently divided into three rental units, this 1925 Mediterranean is ready to be reunited in splendor to a single family residence. A main house with 4 bed rooms and baths and a 1 bedroom and bath detached guest cottage await your vision. Conveniently located close to the Brazilian Court Hotel and Worth Avenue a few blocks from both the ocean and the Lake Trail.

Last Agent to Sell the Property

MARTIN CONROY

THE FITE GROUP-Luxury Homes PB Listed on: 07/10/2015

Last Buyer's Agent

Dana Landry

Dana Edward Landry License #BK-3287274

Dana Edward Landry

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,490

Year Built

  • Built in 1925

Lot Details

  • 6,098 Sq Ft Lot
  • Waterfront
  • West Facing Home
  • Back and Front Yard Fenced
  • Property is zoned RC

Parking

  • No Garage

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape
  • Frame Construction
  • Tile

Interior Spaces

  • 3,616 Sq Ft Home
  • Ceiling Fan
  • Fireplace
  • Single Hung Windows
  • Dining Area
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Royal Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434323050030012

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,490

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.14
  • Lot Size: 40
  • Subdivision Name: Royal Park
  • Directions: Call listing agent
  • Architectural Style: Mediterranean
  • Year Built: 1925
  • Location Tax Legal:Zoned: RC
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 17490.0
  • Location Tax Legal:Tax Year2: 2013
  • General Property Description:Living Area: 3616.0
  • General Property Description:Pool: No
  • General Property Description:Waterfront: No
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • General Property Description:Lot Dim (1): 40
  • Floors:Hardwood: Yes
  • Floors:Marble: Yes
  • Floors:WW Carpeting: Yes
  • WaterSewer:Sewer: Yes
  • Pets:Pets Allowed: Yes
  • General Property Description:Lot SqFt: 6098
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Windows:Single Hung: Yes
  • Roof:Barrel Tile: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Style:Mediterranean: Yes
  • Exposure:West: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Ice Maker, Range-Electric, Oven-Single, Microwave, Washer, Dryer
  • Total Bedrooms: 5
  • Flooring: Hardwood, Marble, W/W Carpeting
  • Interior Amenities: Cable, Ceiling Fan, Fireplace, Smoke Detectors
  • Living Area: 3616.0
  • Window Features: Single Hung
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Smoke Detectors: Yes
  • Appliances:Range - Electric: Yes
  • Interior Features:Ceiling Fan: Yes
  • Interior Features:Fireplace: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Oven-Single: Yes

Exterior Features

  • Lot Features: Up To 10,889 SF
  • Pool Features: No Pool
  • Pool Private: No
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Construction Type: Frame, Hollow Tile
  • Exterior Features: Fence-Back Wall, Fence-Front Wall
  • Roof: Barrel
  • Exterior Features:Fence - Back Wall: Yes
  • Construction:Frame: Yes
  • Exterior Features:Fence-Front Wall: Yes
  • Construction:Hollow Tile: Yes

Garage/Parking

  • Parking Features: No Garage
  • Garage:No Garage: Yes

Utilities

  • Security: No Security
  • Heating: Central Air, Central Heat, Multi Zone Air, Multi Zone Heat
  • Heating Yn: Yes

Lot Info

  • Land Lease Amount Frequency: No
  • Lot Size Sq Ft: 6098.0
  • Parcel #: 50434323050030012
  • Zoning: RC
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 17490.0
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2015
Closed on
Jul 14, 2017
Sold by
Cocoanut Row Llc
Bought by
Winsor Deborah
Seller's Agent
MARTIN CONROY
THE FITE GROUP-Luxury Homes PB
Buyer's Agent
Dana Landry
Dana Edward Landry
List Price
$1,900,000
Sold Price
$1,900,000
Current Estimated Value
$5,260,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,360,782
Avg. Annual Appreciation
12.98%
Original Mortgage
$1,500,000
Outstanding Balance
$1,261,888
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$3,745,536

Purchase Details

Closed on
Dec 22, 2005
Sold by
Carroll Stuart and Carroll Terrie
Bought by
337-339 Cocoanut Row Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
6.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 14, 2003
Sold by
Carroll Stuart and Carroll Terrie F
Bought by
Carroll Stuart and Carroll Terrie

Purchase Details

Closed on
Mar 11, 1997
Sold by
Kendrick Lloyd L
Bought by
Carroll Stuart and Carroll Terrie F
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
Winsor Deborah $1,900,000 Prosperity Land Title Llc
337-339 Cocoanut Row Llc $1,500,000 Universal Land Title Inc
Carroll Stuart -- --
Carroll Stuart $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Winsor Deborah $1,500,000
Previous Owner 337-339 Cocoanut Row Llc $1,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2017 07/14/17 Sold $1,900,000 0.0% $525 / Sq Ft
07/14/2017 07/14/17 Sold $1,900,000 0.0% $525 / Sq Ft
06/14/2017 06/14/17 Pending -- -- --
06/14/2017 06/14/17 Pending -- -- --
07/10/2015 07/10/15 For Sale $1,900,000 -20.0% $525 / Sq Ft
01/30/2014 01/30/14 For Sale $2,375,000 -- $657 / 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 $47,468 $2,306,626 -- --
2023 $47,459 $2,096,933 $0 $0
2022 $37,160 $1,906,303 $0 $0
2021 $32,177 $2,082,711 $1,785,375 $297,336
2020 $27,929 $1,619,253 $1,323,000 $296,253
2019 $25,776 $1,432,234 $1,197,000 $235,234
2018 $26,120 $1,501,481 $1,272,266 $229,215
2017 $22,507 $1,252,219 $1,156,605 $95,614
2016 $21,383 $1,174,381 $0 $0
2015 $19,955 $1,067,619 $0 $0
2014 $18,534 $974,319 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 14-226

APN: 50-43-43-23-05-003-0012