NOT LISTED FOR SALE

44 Cocoanut Row, Unit 426B Palm Beach, FL 33480

Estimated Value: $5,212,000 - $7,227,000

2 Beds
1.5 Baths
1,022 Sq Ft
11.22 Acres Lot

Sale Details

Date Sold: December 20, 2018

Last sale price $1,450,000 $1,419 Per Sq Ft

Est. 347% increase in value since last sale

Current estimated payment $39,994 / mo

266 Days on Market

Highlights

  • Fitness Center
  • Heated Pool
  • Marble Flooring
  • Palm Beach Public School Rated A-
  • 11.22 Acre Lot
  • Putting Green

About This Home

As of December 2018

FANTASTIC OPPORTUNITY TO OWN A HOME WITH OVER 2800 SQ. FT. OF PHENOMENAL SPACE AT PALM BEACH TOWERS. THIS PACKAGE INCLUDES A METICULOUSLY RENOVATED ONE BEDROOM + HOME OFFICE /1 1⁄2 BATH UNIT (THE LARGEST ONE-BEDROOM FLOOR PLAN AT THE TOWERS) WHICH CAN BE COMBINED WITH THE ADJACENT 2 BR + DEN/ 2 BATH APARTMENT NEXT DOOR. THE 2BR APT HAS NOT BEEN RENOVATED. THE SPACIOUS ONE BEDROOM APT. BOASTS TOP OF THE LINE EVERYTHING: GRANITE FLOORS, MARBLE BATHROOMS. IN ADDITION, THERE IS A SEPARATE HOME OFFICE. THIS MOVE-IN READY ONE-PLUS BEDROOM UNIT CAN BE CONNECTED TO THE YET-TO-BE RENOVATED 2 BR +DEN/2 BATH UNIT NEXT DOOR TO CREATE A SPACIOUS 4 BEDROOM APARTMENT WITH AMPLE ROOM FOR A GRACIOUS OUTDOOR TERRACE, A FAMILY ROOM AND STORAGE. THESE SUNNY AND BRIGHT SOUTH-FACING APARTMENTS ARE JUST STEPS FROM THE MAIN ELEVATORS! THIS IS A RARE OPPORTUNITY TO CREATE THE SPACIOUS HOME OF YOUR DREAMS AT THE FABULOUS FULL-SERVICE PALM BEACH TOWERS.

Last Agent to Sell the Property

Cappy Abraham

Palm Beach Residential Properties LLC License #3106605 Listed on: 02/14/2018

Last Buyer's Agent

Simon Isaacs

Simon Isaacs Real Estate LLC License #3341521

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,420

Year Built

  • Built in 1956

Lot Details

  • 11.22

Parking

  • Assigned Parking

Interior Spaces

  • 1,022 Sq Ft Home
  • Custom Mirrors

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Dual Sinks

Laundry

  • Dryer
  • Washer

Home Security

  • Intercom
  • Closed Circuit Camera

Utilities

  • Central Heating and Cooling System
  • Three-Phase Power
  • Municipal Trash
  • Cable TV Available

Additional Features

  • Heated Pool
  • South Facing Home

Listing and Financial Details

  • Assessor Parcel Number 50434322180014260

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common areas, cable TV, electricity, ground maintenance, pest control, sewer, trash, water
  • Palm Beach Towers Condo Subdivision
  • 6-Story Property

Amenities

  • Community Library
  • Elevator
  • Secure Lobby
  • Bike Room

Recreation

  • Putting Green

Pet Policy

  • No Pets Allowed

Security

  • Security Guard

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,420

Year Built

Built in 1956

Lot Details

11.22 Acres

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: EAST OKEECHOBEE - LEFT ON COCOANUT ROW - BUILDING LESS THAN A MILE ON LEFT.
  • Year Built: 1956
  • Architectural Style: Other
  • New Construction: No
  • DelayedMarketingYN: No
  • Special Features: None

Interior Features

  • Interior Amenities: Dual Sinks, Custom Mirrors
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet, Marble
  • Living Area: 1022.0
  • Stories: 6

Exterior Features

  • View: Other
  • Pool Features: Heated, Association
  • Pool Private: No
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Special Assessment
  • Construction Type: Block
  • Direction Faces: South
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned

Utilities

  • Other Equipment: Intercom
  • Security: Closed Circuit Camera(s), Lobby Secured, Security Guard
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 2854.32
  • Pets Allowed: No
  • Senior Community: No
  • Amenities: Bike Storage, Elevator(s), Fitness Center, Library, Pool, Putting Green(s), Trash
  • Association: Yes
  • Pets Allowed: No
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Electricity, Maintenance Grounds, Pest Control, Sewer, Trash, Water

Lot Info

  • Parcel #: 50434322180014260
  • Lot Size Acres: 11.22
  • Lot Size Sq Ft: 488743.2
  • Mobile Dim Units: Feet
  • Zoning: C-TS(c

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 5419.65

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2018
Closed on
Dec 19, 2018
Sold by
Bought by
Seller's Agent
Cappy Abraham
Palm Beach Residential Properties LLC
Buyer's Agent
Simon Isaacs
Simon Isaacs Real Estate LLC
List Price
$1,895,000
Sold Price
$1,450,000
Premium/Discount to List
-$445,000
-23.48%
Current Estimated Value
$6,482,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,032,509
Avg. Annual Appreciation
22.10%
Original Mortgage
$362,500
Outstanding Balance
$317,489
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$6,165,020

Purchase Details

Closed on
Dec 11, 2014
Sold by
Bought by

Purchase Details

Closed on
Feb 26, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
3.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 21, 1996
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$725,000 Attorney
-- Attorney
$430,000 --
$100 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $362,500
Previous Owner $215,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/20/2018 12/20/18 Sold $1,450,000 -23.5% $1,419 / Sq Ft
11/20/2018 11/20/18 Pending -- -- --
02/14/2018 02/14/18 For Sale $1,895,000 0.0% $1,854 / Sq Ft
05/10/2016 05/10/16 Rented $36,000 0.0% --
04/10/2016 04/10/16 Under Contract -- -- --
03/29/2016 03/29/16 For Rent $36,000 -- --
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $60,580 $4,191,998 -- --
2024 $60,580 $4,073,856 -- --
2023 $59,327 $3,955,200 $0 $0
2022 $59,425 $3,840,000 $0 $0
2021 $30,887 $2,700,000 $0 $2,700,000
2020 $9,456 $553,106 $0 $553,106
2019 $9,354 $525,400 $0 $525,400
2018 $5,875 $345,400 $0 $345,400
2017 $5,420 $305,400 $0 $0
2016 $5,102 $280,940 $0 $0
2015 $4,672 $255,400 $0 $0
2014 $4,734 $255,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cappy Abraham

    Seller's Agent in 2018

    Cappy Abraham

    Palm Beach Residential Properties LLC

    (561) 827-5717

    34 Total Sales

    Cappy Abraham
    Section Image
  • Simon Isaacs

    Buyer's Agent in 2018

    Simon Isaacs

    Simon Isaacs Real Estate LLC

    (561) 818-3936

    119 Total Sales

    Simon Isaacs
    Section Image
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About This Building

Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10405822

BeachesMLS (Greater Fort Lauderdale)

APN: 50-43-43-22-18-001-4260

Florida Palm Beach County Palm Beach 33480

44 Cocoanut Row Unit 426B, Palm Beach, FL

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 (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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