$1,900,000
SOLD JUL 14, 2017

339 Cocoanut Row Palm Beach, FL 33480

5 Beds
5 Baths
3,616 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$525 Per Sq Ft

20% Below List Price

1,230 Days on Market

Highlights

  • Wood Flooring
  • Mediterranean Architecture
  • Wood Frame Window
  • Palm Beach Public School Rated A-
  • Breakfast Area or Nook
  • 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

Sailfish Point Realty, LLC License #3218701 Listed on: 01/30/2014

Last Buyer's Agent

Kim Raich

Sotheby's Intl. Realty, Inc. License #536911

Sotheby's Intl. Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,490

Year Built

  • Built in 1925

Lot Details

  • Fenced
  • Property is zoned RC

Parking

  • On-Street Parking

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape
  • Frame Construction

Interior Spaces

  • 3,616 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fireplace
  • Double Hung Metal Windows
  • Wood Frame Window
  • Family Room

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Outdoor Features

  • Patio

Utilities

  • Central Heating
  • Cable TV Available

Community Details

  • 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

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Cocoanut Row between Australian and Brazilian. On east side of street.
  • Year Built: 1925
  • Architectural Style: Mediterranean
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Area, Fireplace
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Disposal, Refrigerator
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Living Area: 3616.0
  • Dining Room Type: Family Room
  • Stories: 2
  • Window Features: Double Hung, Wood Frames

Exterior Features

  • Exterior Features: Fence, Patio
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Frame
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

  • Garage Yn: No
  • Parking Features: On Street

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 50434323050030012
  • Zoning Description: RC

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 17490.0

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
13.00%
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
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 Type Sale Price Title Company
Warranty Deed $1,900,000 Prosperity Land Title Llc
Warranty Deed $1,500,000 Universal Land Title Inc
Interfamily Deed Transfer -- --
Warranty Deed $100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,500,000 New Conventional
Previous Owner $1,200,000 Fannie Mae Freddie Mac
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: 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
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: BeachesMLS

MLS Number: R10012220

BeachesMLS

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