NOT LISTED FOR SALE

355 Cocoanut Row Unit 2 Palm Beach, FL 33480

Estimated Value: $4,548,000 - $8,536,000

3 Beds
3 Baths
2,730 Sq Ft
$2,223/Sq Ft Est. Value

Last Sold June 14, 2023

Last sale price $5,300,000 $1,941 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $38,020/month

41 Days on Market

Highlights

  • Wood Flooring
  • Lanai
  • Fireplace
  • Palm Beach Public School Rated A-
  • Balcony
  • Library

About This Home

As of June 2023

DELIGHTFUL, SPACIOUS TWO- STORY 3/BR, 3/BA TOWNHOUSE WITH ATTACHED TWO CAR GARAGE, HIGH CEILINGS AND TWO FIREPLACES. LOCATED IN THE HEART OF PALM BEACH, A FEW BLOCKS FROM WORTH AVENUE, BEACH, TOWN DOCKS AND LAKE TRAIL.

Last Agent to Sell the Property

Earl Hollis

Earl A. Hollis, Inc. License #40591 Listed on: 03/28/2023

Last Buyer's Agent

Jack Rooney II

Douglas Elliman License #SL3553162

Douglas Elliman

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $34,089

Year Built

  • Built in 1971

Lot Details

  • Southwest Facing Home
  • Back and Front Yard Fenced

HOA Fees

  • $1,680 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,730 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fireplace
  • Double Hung Windows
  • Dining Room
  • Library
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio
  • Lanai

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 50434327360000020

Community Details

Overview

  • Association fees include common area
  • 11 Units
  • Casas De Carlos Community
  • Mandatory home owners association

Amenities

  • Common Area

Pet Policy

  • Pet Restriction
  • Small pets allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$34,089

Year Built

Built in 1971

Lot Details

0

HOA Fees

$1,680 per month

Listing Details

  • Property Sub Type: Townhouse
  • Prop. Type: Townhouse/Villa
  • Lot Size: 0
  • Directions: Corner of Australian Ave., and Cocoanut Row.
  • Architectural Style: Two Story
  • Building Name: Casas De Carlos
  • Year Built: 1971
  • Location Tax Legal:Name of Building: Casas De Carlos
  • Location Tax Legal:Zoned: R-C - Medium Density Residential
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 34089.0
  • Location Tax Legal:Tax Year2: 2022
  • General Property Description:Living Area: 2730.0
  • General Property Description:Pool: No
  • General Property Description:Per: Quarter
  • General Property Description:_pound_ Units in Complex: 11
  • General Property Description:_pound_ Floors: 2.0
  • Exposure of Unit:South2: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Laundry:Laundry in Unit: Yes
  • Maintenance Includes:Common Area: Yes
  • General Property Description:Lot Dim (1): 0
  • General Property Description:Maint Amount: 5040.0
  • General Property Description:Waterfrt: No
  • Floors:Hardwood: Yes
  • Style:Two Story: Yes
  • Pets:Pets Allowed: Yes
  • WaterSewer:City Water: Yes
  • Roof:Barrel Tile: Yes
  • Exposure of Unit:West2: Yes
  • Lease Restrictions Pets W Restrictions: Yes
  • Pets:Weight Restrictions: 25 lbs or Under
  • Windows:Double Hung: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Refrigerator, Washer, Dryer
  • Total Bedrooms: 3
  • Flooring: Hardwood, Tile
  • Interior Amenities: Ceiling Fan, Fireplace
  • Living Area: 2730.0
  • Stories: 2
  • Window Features: Double Hung
  • Other Rooms:Dining Room: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan: Yes
  • Interior Features:Fireplace: Yes

Exterior Features

  • Lot Features: Other - See Remarks
  • Pool Features: No Pool
  • Pool Private: No
  • Construction Type: Cement Block/Stucco
  • Exterior Features: Balcony, Patio/Lanai, Fence - Back Wall, Fence - Front Wall
  • Roof: Barrel
  • Exterior Features:Balcony: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Fence - Back Wall: Yes
  • Exterior Features:Fence-Front Wall: Yes

Garage/Parking

  • Parking:Garage2: Yes
  • Parking:_two_ Car2: Yes

Utilities

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

Condo/Co-op/Association

  • Association: Yes
  • Mandatory HOA: Yes

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

  • Association Fee Includes: Common Area

Lot Info

  • Parcel #: 50434327360000020
  • Zoning: R-C - Medium Density

Multi Family

  • Number Of Units Total: 11
  • Maintenance Expense: 5040.0

Tax Info

  • Tax Annual Amount: 34089.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2023
Closed on
Jun 12, 2023
Sold by
Edwards James C and Edwards Margaret B
Bought by
Steranka Michael A
Seller's Agent
Earl Hollis
Earl A. Hollis, Inc.
Buyer's Agent
Jack Rooney II
Douglas Elliman
List Price
$5,300,000
Sold Price
$5,300,000
Views
50
Current Estimated Value
$6,067,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$767,508
Avg. Annual Appreciation
6.11%

Purchase Details

Closed on
Mar 19, 1998
Sold by
Straub Glenn E
Bought by
Bailey Ii Irving W

Purchase Details

Closed on
Jul 7, 1995
Sold by
Gitomer Kalman L and Gitomer Leona R
Bought by
Straub Glenn E

Purchase Details

Closed on
Oct 3, 1994
Sold by
Gitomer M Kalman and Gitomer Leona R
Bought by
Gitomer Leona R
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
Steranka Michael A $4,982,150 None Listed On Document
Bailey Ii Irving W $800,000 --
Straub Glenn E -- --
Straub Glenn E $426,000 --
Gitomer Leona R -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2023 06/14/23 Sold $5,300,000 0.0% $1,941 / Sq Ft
05/08/2023 05/08/23 Pending -- -- --
03/28/2023 03/28/23 For Sale $5,300,000 -- $1,941 / 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 $51,568 $3,500,000 -- --
2023 $34,043 $2,300,034 $0 $0
2022 $34,089 $2,233,043 $0 $0
2021 $34,633 $2,168,003 $0 $0
2020 $34,711 $2,138,070 $0 $0
2019 $34,639 $2,090,000 $0 $2,090,000
2018 $32,393 $2,090,000 $0 $2,090,000
2017 $30,723 $1,990,000 $0 $0
2016 $30,144 $1,577,235 $0 $0
2015 $28,610 $1,433,850 $0 $0
2014 $24,448 $1,303,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2023

    Earl Hollis

    Earl A. Hollis, Inc.

    (904) 655-0406

    6 Total Sales

    Earl Hollis
    Section Image

  • J

    Buyer's Agent in 2023

    Jack Rooney II

    Douglas Elliman

    (610) 996-0317

    16 Total Sales

    Jack Rooney II
    Section Image
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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 23-570

APN: 50-43-43-27-36-000-0020

Florida Palm Beach County Palm Beach 33480

355 Cocoanut Row Unit 2, Palm Beach, FL

This home is located at 355 Cocoanut Row Unit 2, Palm Beach, FL 33480 since 28 March 2023 and is currently estimated at $6,067,508, approximately $2,222 per square foot. This property was built in 1971. 355 Cocoanut Row Unit 2 is a home located in Palm Beach County with nearby schools including Palm Beach Public School, Conniston Middle School, and Forest Hill Community High School.

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