NOT LISTED FOR SALE

372 E Coconut Palm Rd Boca Raton, FL 33432

Royal Palm Yacht and Country Club Neighborhood

Estimated Value: $8,509,000 - $14,970,403

0.38 Acre
$30,563,075 Price per Acre
16,732 Sq Ft Lot

Last Sold April 08, 2019

Last sale price $4,600,000

Est. 155% increase in value since last sale

Current estimated payment $85,308/month

86 Days on Market

Highlights

  • Property has ocean access
  • Waterfront
  • Canal View
  • Boca Raton Community Middle School Rated A-

About This Lot

As of April 2019

This home is located at 372 E Coconut Palm Rd, Boca Raton, FL 33432 since 13 December 2018 and is currently estimated at $11,739,702. 372 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 Community High School.

Last Agent to Sell the Property

David Roberts

Royal Palm Properties LLC License #464265 Listed on: 12/13/2018

Last Buyer's Agent

Aracelli Brown

CJM Properties, Inc. License #658957

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $75,660

Lot Details

  • 0.38 Acre Lot
  • Waterfront
  • Northwest Facing Home
  • Site Plan Filed
  • Property is zoned R1A(ci

HOA Fees

  • $210 Monthly HOA Fees

Property Views

  • Canal
  • Garden

Location

  • City Lot

Listing and Financial Details

  • Assessor Parcel Number 06434729100020220

Community Details

Overview

  • Royal Palm Yacht & Countr Subdivision

Recreation

  • Property has ocean access
  • No Fixed Bridges
  • Canal Access

Property Details

Property Type

Land

Est. Annual Taxes

$75,660

Lot Details

0

HOA Fees

$210 per month

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Royal Palm Yacht & Country Club
  • Special Features: None

Exterior Features

  • View: Canal, Garden
  • Lot Features: City Lot
  • View: Yes
  • Waterfront Features: Canal Access, No Fixed Bridges, Ocean Access
  • Waterfront: Yes
  • Direction Faces: Northwest

Condo/Co-op/Association

  • Association Fee: 210.0
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 06434729100020220
  • Development Status: Site Plan Filed
  • Lot Size: 85
  • Lot Size Sq Ft: 16732.0
  • Zoning Description: R1A(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 75660.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2018
Closed on
Apr 8, 2019
Sold by
380 E Coconut Palm Road Land Trust
Bought by
Weissman Richard and Weissman Robin
Seller's Agent
David Roberts
Royal Palm Properties LLC
Buyer's Agent
Aracelli Brown
CJM Properties, Inc.
List Price
$4,800,000
Sold Price
$4,600,000
Premium/Discount to List
-$200,000
-4.17%
Current Estimated Value
$11,739,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,139,702
Avg. Annual Appreciation
15.48%
Original Mortgage
$4,999,999
Outstanding Balance
$4,336,748
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$7,402,954

Purchase Details

Closed on
Feb 28, 2018
Sold by
Elias Howard and Elias Cindy
Bought by
Rolnick Michael and 380 E Coconut Palm Road Land Trust

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
4.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 20, 2003
Sold by
Dassler Sigrid
Bought by
Elias Howard and Elias Cindy

Purchase Details

Closed on
Jan 16, 2001
Sold by
Rales Norman R
Bought by
Dassler Sigrid

Purchase Details

Closed on
Dec 4, 1997
Sold by
Keynejad Jamshid M and Keynejad Pamela
Bought by
Rales Norman R

Purchase Details

Closed on
Jul 29, 1994
Sold by
Sthilaire Richard W and Sthilaire Teena
Bought by
Keynejad Jamshid Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Interest Rate
8.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 18, 1993
Sold by
St Hilaire Lorraine Y
Bought by
St Hilaire Richard W and St Hilaire Sr Richard W
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Weissman Richard $4,600,000 Attorney
Egan Pamela $4,200,000 None Available
Rolnick Michael $7,700,000 Attorney
Elias Howard $4,675,000 --
Dassler Sigrid $4,400,000 --
Rales Norman R $1,000,000 --
Keynejad Jamshid Mark $850,000 --
St Hilaire Richard W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weissman Richard $4,999,999
Previous Owner Rolnick Michael $5,000,000
Previous Owner Keynejad Jamshid Mark $487,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2019 04/08/19 Sold $4,600,000 -4.2% --
03/09/2019 03/09/19 Pending -- -- --
12/13/2018 12/13/18 For Sale $4,800,000 -- --
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 $274,289 $16,133,617 -- --
2023 $268,472 $15,665,919 $0 $0
2022 $266,743 $15,211,545 $0 $0
2021 $66,754 $3,696,840 $3,685,000 $11,840
2020 $60,728 $3,362,917 $3,350,000 $12,917
2019 $144,029 $7,733,091 $6,000,000 $1,733,091
2018 $151,319 $8,504,989 $5,029,681 $3,475,308
2017 $148,771 $8,227,231 $4,572,437 $3,654,794
2016 $131,438 $7,121,533 $0 $0
2015 $135,158 $7,072,029 $0 $0
2014 $135,730 $7,015,902 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • David Roberts

    Seller's Agent in 2019

    David Roberts

    Royal Palm Properties LLC

    (561) 368-6200

    168 in this area

    178 Total Sales

    David Roberts
    Section Image

  • A

    Buyer's Agent in 2019

    Aracelli Brown

    CJM Properties, Inc.

    (561) 756-2219

    2 Total Sales

    Aracelli Brown
    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10488286

BeachesMLS

APN: 06-43-47-29-10-002-0220

Florida Palm Beach County Boca Raton 33432 Royal Palm Yacht and Country Club

372 E Coconut Palm Rd, Boca Raton, FL

This home is located at 372 E Coconut Palm Rd, Boca Raton, FL 33432 since 13 December 2018 and is currently estimated at $11,739,702. 372 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 Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes