NOT LISTED FOR SALE

Estimated Value: $7,597,000 - $9,613,000

6 Beds
10 Baths
8,006 Sq Ft
$1,060/Sq Ft Est. Value

Last Sold August 28, 2020

Last sale price $5,580,000 $697 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $48,321/month

291 Days on Market

Highlights

  • Private Pool
  • Waterfront
  • Canal View
  • Boca Raton Community Middle School Rated A-
  • Canal Access
  • Marble Flooring

About This Home

As of August 2020

This home is located at 348 E Coconut Palm Rd, Boca Raton, FL 33432 since 11 October 2019 and is currently estimated at $8,484,196, approximately $1,059 per square foot. This property was built in 2001. 348 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 High School.

Last Agent to Sell the Property

David Roberts

Royal Palm Properties LLC License #464265 Listed on: 10/11/2019

Last Buyer's Agent

Bonnie Heatzig

Compass Florida LLC License #3100407

Compass Florida LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $116,208

Year Built

  • Built in 2001

Lot Details

  • 0.43 Acre Lot
  • Waterfront
  • Sprinkler System
  • Property is zoned R1A(ci

HOA Fees

  • $247 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Canal
  • Garden
  • Pool

Interior Spaces

  • 8,006 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Central Vacuum
  • Bar
  • High Ceiling
  • Fireplace
  • French Doors
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Den
  • Impact Glass

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Canal Access
  • Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Underground Utilities

Listing and Financial Details

  • Assessor Parcel Number 06434729100020200

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

$116,208

Year Built

Built in 2001

Lot Details

0

HOA Fees

$247 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 Federal Highway Entrance to Coconut Palm Road. Make left. Property on right.
  • 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, Elevator, French Door(s)/Atrium Door(s), Fireplace, High Ceilings, Split Bedrooms, Bar, Walk-In Closet(s), Central Vacuum
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Gas Range, Refrigerator, Washer
  • Full Bathrooms: 8
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Carpet, Marble, Wood
  • Living Area: 8006.0
  • Dining Room Type: Den, Family Room, In-Law Suite, Laundry
  • Stories: 2
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Outdoor Grill, Patio
  • View: Canal, Garden, Pool
  • Lot Features: Sprinklers Automatic
  • Pool Features: Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Canal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: 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, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Sewer Available, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 247.0
  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Security

Lot Info

  • Parcel #: 06434729100020200
  • Lot Size Sq Ft: 18572.0
  • Zoning Description: R1A(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 116208.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2019
Closed on
Aug 28, 2020
Sold by
Zaporozhets Alexey and Zaporozhets Alena
Bought by
Yan Zhiyang
Seller's Agent
David Roberts
Royal Palm Properties LLC
Buyer's Agent
Bonnie Heatzig
Compass Florida LLC
List Price
$7,995,000
Sold Price
$5,580,000
Premium/Discount to List
-$2,415,000
-30.21%
Current Estimated Value
$8,484,196

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,904,196
Avg. Annual Appreciation
8.07%

Purchase Details

Listed on
Jan 17, 2013
Closed on
Oct 1, 2013
Sold by
Seeman Marshal and Seeman Karen D
Bought by
Zaporozhets Alexey and Zaporozhets Alena
Seller's Agent
Jonathan Postma
Coldwell Banker/BR
List Price
$7,500,000
Sold Price
$6,500,000
Premium/Discount to List
-$1,000,000
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.18%
Original Mortgage
$3,900,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 29, 2008
Sold by
Roberts David W and Roberts Claudia M
Bought by
Seeman Karen D and Seeman Marshal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 27, 2008
Sold by
Roberts David W and Roberts Claudia M
Bought by
Roberts David W and Roberts Claudia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 10, 2007
Sold by
Roberts David W
Bought by
Roberts David W and Roberts Claudia M

Purchase Details

Closed on
Sep 1, 1998
Sold by
Glenwood Yopp Sr Tr and Eileen Clawson Tr
Bought by
Roberts David W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
6.92%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Yan Zhiyang $5,580,000 Old Palm Title Llc
Zaporozhets Alexey $6,500,000 Attorney
Seeman Karen D $7,600,000 Old Palm Title Llc
Roberts David W -- Attorney
Roberts David W -- Attorney
Roberts David W $1,200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zaporozhets Alexey $3,900,000
Previous Owner Seeman Karen D $5,000,000
Previous Owner Roberts David W $700,000
Previous Owner Roberts David W $500,000
Previous Owner Roberts David W $900,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/28/2020 08/28/20 Sold $5,580,000 -30.2% $697 / Sq Ft
07/29/2020 07/29/20 Pending -- -- --
10/11/2019 10/11/19 For Sale $7,995,000 +23.0% $999 / Sq Ft
10/02/2013 10/02/13 Sold $6,500,000 -13.3% $812 / Sq Ft View Prior Sale
09/02/2013 09/02/13 Pending -- -- --
01/17/2013 01/17/13 For Sale $7,500,000 -- $937 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2025 $48,213 $5,400,702 -- --
2024 $48,213 $4,909,729 -- --
2023 $91,139 $4,463,390 $6,688,320 $4,034
2022 $78,014 $4,057,627 $0 $0
2021 $66,753 $3,688,752 $3,685,000 $3,752
2020 $109,949 $6,070,996 $3,350,000 $2,720,996
2019 $117,987 $6,331,743 $3,500,000 $2,831,743
2018 $104,223 $5,852,458 $3,344,738 $2,507,720
2017 $103,144 $5,698,969 $3,040,671 $2,658,298
2016 $101,435 $5,461,299 $0 $0
2015 $105,132 $5,454,249 $0 $0
2014 $96,554 $4,958,408 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10568953

BeachesMLS (Greater Fort Lauderdale)

APN: 06-43-47-29-10-002-0200