NOT LISTED FOR SALE

44 Cocoanut Row, Unit 420B Palm Beach, FL 33480

Estimated Value: $3,787,000 - $4,758,969

2 Beds
2 Baths
1,768 Sq Ft
$2,465/Sq Ft Est. Value

Last Sold January 18, 2022

Last sale price $3,575,000 $2,022 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $29,531/month

27 Days on Market

Highlights

  • Doorman
  • Lake Front
  • Cabana
  • Palm Beach Public School Rated A-
  • Fitness Center
  • Marble Flooring

About This Home

As of January 2022

Direct Lakefront Condominium & Poolside Cabana, Designer furnished with magnificent views from every room. Originally a 3 br, and meticulously renovated into a 2 bedroom/ 2 bathroom with large master bedroom. Master bathroom with separate marble bathtub and shower. Includes a poolside cabana. Valet Parking, Concierge, Pool with attendants, Exercise facility, Beauty Salon, tailor, seasonal restaurant and year round gourmet shop. Fully Furnished but artwork and personal items excluded.

Last Agent to Sell the Property

Moniquie Matheson

Monique Matheson Properties, L.C. License #BK3023203 Listed on: 12/09/2021

Co-Listed By

Harold Matheson

Monique Matheson Properties, L.C. License #BK-621191

Last Buyer's Agent

Sandra Salgueiro

Palm Beach Residential Properties, LLC License #3204089

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $24,023

Year Built

  • Built in 1956

Lot Details

  • West Facing Home

HOA Fees

  • $2,345 Monthly HOA Fees

Interior Spaces

  • 1,768 Sq Ft Home
  • Dining Area
  • Home Gym

Kitchen

  • Single Oven
  • Electric Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Parking

  • 1 Parking Space
  • Open Parking

Eco-Friendly Details

  • Non-Toxic Pest Control

Pool

  • Cabana
  • Outdoor Pool
  • Heated Pool

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434322180014200 & 50434322180030240

Community Details

Overview

  • Association fees include insurance, cable TV, common area, maintenance exterior, trash, pest control, sewer, water
  • 277 Units
  • Pb Towers Community
  • On-Site Maintenance
  • 6-Story Property

Amenities

  • Doorman
  • Common Area
  • Laundry Facilities
  • Elevator

Recreation

Security

  • Security Guard
  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$24,023

Year Built

Built in 1956

Lot Details

0 Sq Ft Lot

HOA Fees

$2,345 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Building Name: PB Towers
  • Year Built: 1956
  • Location Tax Legal:Name of Building: PB Towers
  • Location Tax Legal:Zoned: R-D(2) - Heavy Density Residential
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 24023.0
  • Location Tax Legal:Tax Year2: 2021
  • General Property Description:Living Area: 1768.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 2344.63
  • General Property Description:Per: Month
  • General Property Description:_pound_ Units in Complex: 277
  • General Property Description:_pound_ Floors: 6.0
  • Waterfront-Unit:Living Room View: Yes
  • Waterfront-Unit:Master Bedroom View: Yes
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Laundry:Laundry in Unit: Yes
  • Security:Door Person: Yes
  • Services Included:Full Time Manager: Yes
  • Services Included:Exercise Facility: Yes
  • Maintenance Includes:Common Area: Yes
  • Maintenance Includes:Exterior Bldg: Yes
  • Maintenance Includes:Garbage Pickup: Yes
  • Maintenance Includes:Pest Control: Yes
  • Maintenance Includes:Sewer2: Yes
  • Maintenance Includes:Water2: Yes
  • Floors:Marble: Yes
  • Floors:WW Carpeting: Yes
  • Laundry:Laundry in Building: Yes
  • Exposure of Unit:West2: Yes
  • Security:Security Guards: Yes
  • Maintenance Includes:Cable TV: Yes
  • Waterfront-Building:Intracoastal-Direct2: Yes
  • Waterfront-Building:Lakefront2: Yes
  • Pool:Heated Elec: Yes
  • Waterfront-Unit:Intracoastal-Direct3: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Ice Maker, Oven-Single, Microwave, Washer, Dryer, Range - Electric
  • Total Bedrooms: 2
  • Flooring: Marble, W/W Carpeting
  • Living Area: 1768.0
  • Stories: 6
  • Window Features: Wndw Trmnts Included
  • Interior Features:Smoke Alarms: Yes
  • Interior Features:Wndw Trmnts Included: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Oven-Single: Yes

Exterior Features

  • Pool Features: Fresh Water, Heated Elec
  • Pool Private: Yes
  • Waterfront: Yes
  • Exterior Features: Storm Shutters, Elevator, Exercise Room, Lobby
  • Other Structures: Cabana
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Exercise Room2: Yes
  • Exterior Features:Lobby: Yes
  • Exterior Features:Storm Shutters: Yes
  • Exterior Features:Cabana: Yes

Garage/Parking

  • Total Parking Spaces: 1.0
  • Parking:Open Parking: Yes

Utilities

  • Laundry Features: Laundry in Building, Laundry in Unit
  • Security: Smoke Alarms, Security Guards, Door Person
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central Heat
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Community Features: Pool
  • Amenities: Full Time Manager, Exercise Facility, Other Services
  • Association: Yes

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Cable TV, Common Area, Maintenance Exterior, Trash, Pest Control, Sewer, Water

Lot Info

  • Parcel #: 50434322180014200 & 50434322180030240
  • Zoning: R-D(2) - Heavy Density Residential

Multi Family

  • Number Of Units Total: 277
  • Maintenance Expense: 2344.63

Tax Info

  • Tax Annual Amount: 24023.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2021
Closed on
Jan 18, 2022
Sold by
Simmons Deborah W
Bought by
Levy Janet
Seller's Agent
Moniquie Matheson
Monique Matheson Properties, L.C.
Buyer's Agent
Sandra Salgueiro
Palm Beach Residential Properties, LLC
List Price
$3,575,000
Sold Price
$3,575,000
Current Estimated Value
$4,358,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$783,492
Avg. Annual Appreciation
4.88%

Purchase Details

Closed on
Mar 9, 2006
Sold by
Danby Karin R
Bought by
Simmons Robert K and Simmons Deborah W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Levy Janet $3,575,000 Ohalloran & Simmons Pllc
Simmons Robert K $1,200,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Simmons Robert K $550,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/18/2022 01/18/22 Sold $3,575,000 0.0% $2,022 / Sq Ft
01/05/2022 01/05/22 Pending -- -- --
12/09/2021 12/09/21 For Sale $3,575,000 -- $2,022 / 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 $54,110 $3,723,883 -- --
2024 $54,110 $3,385,348 -- --
2023 $46,523 $3,077,589 $0 $3,077,589
2022 $32,915 $1,352,909 $0 $0
2021 $23,303 $1,667,848 $0 $1,667,848
2020 $18,775 $1,118,106 $0 $1,118,106
2019 $19,966 $1,165,400 $0 $1,165,400
2018 $18,026 $1,085,400 $0 $1,085,400
2017 $17,579 $1,035,400 $0 $0
2016 $17,906 $1,035,400 $0 $0
2015 $17,840 $990,400 $0 $0
2014 $18,072 $990,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Moniquie Matheson

    Seller's Agent in 2022

    Moniquie Matheson

    Monique Matheson Properties, L.C.

    (561) 820-8788

    5 Total Sales

    Moniquie Matheson
    Section Image

  • H

    Seller Co-Listing Agent in 2022

    Harold Matheson

    Monique Matheson Properties, L.C.

    (561) 317-3692

    4 Total Sales

    Harold Matheson
    Section Image
  • Sandra Salgueiro

    Buyer's Agent in 2022

    Sandra Salgueiro

    Palm Beach Residential Properties, LLC

    (561) 833-8688

    2 Total Sales

    Sandra Salgueiro
    Section Image
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About This Building

Map

Source: Palm Beach Board of REALTORS®

MLS Number: 21-1735

APN: 50-43-43-22-18-001-4200

Florida Palm Beach County Palm Beach 33480

44 Cocoanut Row Unit 420B, Palm Beach, FL

Not Listed for Sale

Coop

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