NOT LISTED FOR SALE

355 Cocoanut Row Unit 2 Palm Beach, FL 33480

Estimated Value: $4,575,000 - $9,261,000

3 Beds
3 Baths
2,730 Sq Ft
$2,227/Sq Ft Est. Value

Last Sold June 14, 2023

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

Est. 17% increase in value since last sale

Current estimated payment $38,348/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
  • Living Room
  • 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

  • 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.
  • 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(s), 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
  • Waterfront: No
  • Construction Type: Stucco, Block
  • Exterior Features: Balcony, Fence - Back Wall, Fence - Front Wall
  • Patio And Porch Features: Patio/Lanai
  • 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

  • Total Parking Spaces: 2.0
  • Parking:Garage2: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central Heat
  • Heating Yn: Yes
  • Water Source: City Water

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 Residential

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
$6,190,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$890,671
Avg. Annual Appreciation
5.46%

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:

--
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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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 List to Sale Price per Sq Ft
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
2025 $51,568 $3,601,500 -- --
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

    17 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

Not Listed for Sale

Townhouses

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