NOT LISTED FOR SALE

360 Cocoanut Row Unit 360 Palm Beach, FL 33480

Estimated Value: $7,285,000 - $11,440,758

4 Beds
5 Baths
4,196 Sq Ft
$2,236/Sq Ft Est. Value

Last Sold November 12, 2015

Last sale price $5,850,000 $1,394 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $55,696/month

254 Days on Market

Highlights

  • Pool and Spa
  • Wood Flooring
  • Lanai
  • Palm Beach Public School Rated A-
  • Mediterranean Architecture
  • Wine Refrigerator

About This Home

As of November 2015

Designer's 4BR, 4.5 BA furnished exquisite gated townhouse in the heart of Palm Beach. Highly desired location two blocks from Worth Ave & the Palm Beach Docks. Custom furnishings, high ceilings, immense trim work, gas fireplace, Chef's kitchen, butler pantry, sweeping staircase, elevator, stone and walnut floors, loggia, private pool & spa with terrace & balcony. Turnkey opportunity.

Last Agent to Sell the Property

Crissy Poorman

Sotheby's International Realty, Inc. License #SL-3221956 Listed on: 02/24/2015

Sotheby's International Realty, Inc.

Co-Listed By

Mary Boykin

Sotheby's International Realty, Inc. License #561998

Last Buyer's Agent

Linda R Olsson

Linda R. Olsson Inc. License #BK432027

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $44,080

Year Built

  • Built in 2000

Lot Details

  • 6,970 Sq Ft Lot
  • East Facing Home
  • Sprinkler System

Parking

  • 2 Car Attached Garage

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,196 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Central Vacuum
  • Sound System
  • Fireplace
  • Dining Room
  • Library
  • Storage
  • Utility Room
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Wood
  • Brick
  • Wall to Wall Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Bathrooms
  • Bidet

Laundry

  • Dryer
  • Washer

Pool

  • Pool and Spa
  • Gas Heated Pool
  • Outdoor Pool

Outdoor Features

  • Balcony
  • Patio
  • Lanai

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 50434323050050261

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Community Pool

Security

  • Impact Glass
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$44,080

Year Built

Built in 2000

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Property Sub Type: Townhouse
  • Prop. Type: Townhouse/Villa
  • Lot Size Acres: 0.16
  • Lot Size: 55
  • Directions: Cocoanut Row between Chilean and Australian.
  • Architectural Style: Mediterranean
  • Building Name: N/A
  • Year Built: 2000
  • Location Tax Legal:Name of Building: N/A
  • Location Tax Legal:Zoned: RC
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 44080.0
  • Location Tax Legal:Tax Year2: 2014
  • General Property Description:Living Area: 4196.0
  • General Property Description:Pool: Yes
  • General Property Description:_pound_ Units in Complex: 2
  • General Property Description:_pound_ Floors: 2.0
  • Exposure of Unit:East2: Yes
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Security:Security System: Yes
  • General Property Description:Lot Dim (1): 55
  • General Property Description:Waterfrt: No
  • Pool:Heated - Gas: Yes
  • Floors:Hardwood: Yes
  • Floors:WW Carpeting: Yes
  • WaterSewer:Sewer: Yes
  • Style:Two Story: Yes
  • Windows:Impact Glass - Full: Yes
  • General Property Description:Lot SqFt: 6970
  • HOA:None: Yes
  • Roof:Barrel Tile: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Style:Mediterranean: Yes
  • Floors:StoneBrick: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine, Freezer, Ice Maker, Microwave, Washer, Dryer, Range - Gas
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Hardwood, W/W Carpeting
  • Interior Amenities: Central Vacuum, Bidet, Elevator, Fireplace, Sound System, Storage, Wet Bar, Pantry
  • Living Area: 4196.0
  • Stories: 2
  • Window Features: Wndw Trmnts Included, Impact Glass - Full
  • Interior Features:Storage: Yes
  • Interior Features:Wndw Trmnts Included: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Pantry: Yes
  • Other Rooms:Utility Room: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Elevator: Yes
  • Interior Features:Smoke Detectors: Yes
  • Interior Features:Fireplace: Yes
  • Interior Features:Bidet: Yes
  • Interior Features:Wet Bar: Yes
  • Appliances:Range-Gas: Yes
  • Appliances:Central Vac System: Yes
  • Interior Features:Sound System: Yes

Exterior Features

  • Lot Features: Up To 10,889 SF
  • Pool Features: Heated - Gas, Spa
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Stucco, Block
  • Exterior Features: Balcony, Sprinkler System
  • Patio And Porch Features: Patio/Lanai
  • Roof: Barrel
  • Exterior Features:Balcony: Yes
  • Exterior Features:Sprinkler System: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Pool/Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Total Parking Spaces: 2.0
  • Parking:Attached2: Yes

Utilities

  • Security: Smoke Detectors, Security System, Other Security
  • Cooling: Multi Zone Air, Central Air
  • Cooling Y N: Yes
  • Heating: Central Heat, Multi Zone Heat
  • Heating Yn: Yes
  • Utilities: Sewer, Cable Available

Condo/Co-op/Association

  • Community Features: Pool

Lot Info

  • Lot Size Sq Ft: 6970.0
  • Parcel #: 50434323050050261
  • Zoning: RC

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 44080.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2015
Closed on
Nov 10, 2015
Sold by
Cocoanut Row Property Llc
Bought by
Collis Elfriede A
Seller's Agent
Crissy Poorman
Sotheby's International Realty, Inc.
Buyer's Agent
Linda R Olsson
Linda R. Olsson Inc.
List Price
$5,850,000
Sold Price
$5,850,000
Current Estimated Value
$9,380,919

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,530,919
Avg. Annual Appreciation
4.67%

Purchase Details

Closed on
Feb 12, 2014
Sold by
360 Cocoanut Row Llc
Bought by
Cocoanut Row Property Llc

Purchase Details

Closed on
Apr 16, 2007
Sold by
Bjorklund Alexandra O
Bought by
360 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
$650,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 1, 2007
Sold by
Mccarthy Thomas O
Bought by
Bjorklund Alexandra O

Purchase Details

Closed on
Jan 30, 2001
Sold by
Alden Ellis J and Alden Katherine H
Bought by
Mccarthy Thomas O

Purchase Details

Closed on
Nov 1, 2000
Sold by
Australian Est Inc
Bought by
Alden Ellis J and Alden Katherine H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,100,000
Interest Rate
7.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 19, 1998
Sold by
Janina Radtke Tr
Bought by
Australian Estate Inc

Purchase Details

Closed on
Sep 3, 1997
Sold by
Horstmann Inv Co Inc
Bought by
Radtke Janina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
7.43%
Mortgage Type
New Conventional
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Collis Elfriede A $5,600,000 Attorney
Cocoanut Row Property Llc $5,100,000 Attorney
360 Cocoanut Row Llc $4,525,000 Attorney
Bjorklund Alexandra O $4,100,000 Attorney
Mccarthy Thomas O $3,400,000 --
Alden Ellis J $2,853,700 --
Australian Estate Inc $100 --
Radtke Janina $800,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 360 Cocoanut Row Llc $650,000
Previous Owner Radtke Janina $1,000,000
Previous Owner Radtke Janina $2,100,000
Previous Owner Radtke Janina $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/12/2015 11/12/15 Sold $5,850,000 0.0% $1,394 / Sq Ft
11/05/2015 11/05/15 Pending -- -- --
02/24/2015 02/24/15 For Sale $5,850,000 -- $1,394 / Sq Ft
Source: Palm Beach Board of REALTORS®

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 $82,630 $5,698,282 -- --
2024 $82,630 $5,537,689 -- --
2023 $80,918 $5,376,397 $0 $0
2022 $81,126 $5,219,803 $0 $0
2021 $82,509 $5,067,770 $0 $0
2020 $82,692 $4,997,801 $0 $0
2019 $82,538 $4,885,436 $0 $0
2018 $78,399 $4,794,343 $0 $0
2017 $78,449 $4,695,733 $1,791,556 $2,904,177
2016 $76,446 $4,434,604 $0 $0
2015 $76,121 $4,239,517 $0 $0
2014 $44,080 $2,413,127 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 15-458

APN: 50-43-43-23-05-005-0261

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