$3,700,000
SOLD MAR 14, 2025

44 Cocoanut Row, Unit 503/504 B Palm Beach, FL 33480

2 Beds
3 Baths
-- Sq Ft
$3,352/mo HOA Fee

Recently Sold

23% Below List Price

111 Days on Market

Highlights

  • Doorman
  • Lake Front
  • Gas Heated Pool
  • Palm Beach Public School Rated A-
  • Fitness Center
  • Sitting Area In Primary Bedroom

About This Home

As of March 2025

This spacious ultra chic home has been designed with meticulous attention to every detail. The elegantly defined entry foyer and exquisite hand-painted finishes are reminiscent of the grandeur and luxury of an elegant Parisian apartment. This high floor double unit boasts a gracious primary suite with ensuite bath, an adjoining sitting room, an office with built-in cabinetry and copious closets. The formal dining room is perfect for entertaining. On the opposite end of the apartment is the guest suite complete with ensuite bath and access to the beautifully landscaped open terrace. Enjoy expansive East, South and West views from the glorious terrace as well as from the apartment's interior spaces. This jewel box of an apartment has 3 full bathrooms, a washer/dryer and abundant closets. This unique offering is a rare find in one of Palm Beach's most sought after Premier In-town Condominium Properties.

Last Agent to Sell the Property

Cappy Abraham

Palm Beach Residential Properties, LLC License #CQ1021371 Listed on: 11/05/2024

Last Buyer's Agent

NON MEMBER

NON MEMBER FIRM

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $18,931

Year Built

  • Built in 1956

Lot Details

  • Southwest Facing Home

HOA Fees

  • $3,352 Monthly HOA Fees

Interior Spaces

  • Entrance Foyer
  • Living Room
  • Dining Room
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Sitting Area In Primary Bedroom
  • 3 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Intercom
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Parking

  • Garage
  • No Garage
  • Parking Available
  • Open Parking

Pool

  • Gas Heated Pool
  • Outdoor Pool

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Non-Toxic Pest Control
  • Balcony

Listing and Financial Details

  • Assessor Parcel Number 50434322180015030

Community Details

Overview

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

Amenities

  • Doorman
  • Common Area

Recreation

Pet Policy

  • No Pets Allowed

Security

  • Security Guard
  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$18,931

Year Built

Built in 1956

Lot Details

0

HOA Fees

$3,352 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: East Okeechobee - Left on Cocoanut Row - Building less than a mile on left.
  • Building Name: PB Towers
  • Garage Yn: Yes
  • 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: 18931.0
  • Location Tax Legal:Tax Year2: 2024
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • General Property Description:Maintenance Amount: 3352.0
  • General Property Description:Per: Month
  • General Property Description:_pound_ Units in Complex: 277
  • General Property Description:_pound_ Floors: 6.0
  • Exposure of Unit:South2: Yes
  • Pool:Pool3: Yes
  • Floors:Tile: 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
  • Pool:Heated - Gas: Yes
  • Exposure of Unit:West2: Yes
  • Security:Security Guards: Yes
  • Maintenance Includes:Cable TV: Yes
  • Waterfront-Building:Intracoastal-Direct2: Yes
  • Waterfront-Building:Lakefront2: Yes
  • Restrictions:No Pets Allowed: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Refrigerator, Freezer, Microwave, Washer, Dryer, Range - Electric
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Flooring: Tile
  • Interior Amenities: Cable, Intercom, Smoke Alarms
  • Stories: 6
  • Interior Features:Smoke Alarms: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Other Rooms:Dining Area: Yes
  • Interior Features:Intercom: Yes

Exterior Features

  • Pool Features: Pool, Fresh Water, Heated Gas
  • Pool Private: Yes
  • Exterior Features: Balcony, Storm Shutters- Auto
  • Exterior Features:Balcony: Yes
  • Exterior Features:Storm Shutters- Auto: Yes

Garage/Parking

  • Parking:Open Parking: Yes
  • Parking:No Garage2: Yes
  • Parking 2 Car2: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • Security: Security Guards, Door Person
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Full Time Manager, Exercise Facility
  • Association: Yes
  • Pets Allowed: No

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Cable TV, Common Area, Maintenance Exterior, Trash, Pest Control, Sewer, Water, Other (See Remarks)

Lot Info

  • Development Status: Land Owned
  • Parcel #: 50434322180015030
  • Zoning: R-D(2) - Heavy Density Residential

Multi Family

  • Number Of Units Total: 277
  • Maintenance Expense: 3352.0

Tax Info

  • Tax Annual Amount: 18931.0
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2024
Closed on
Mar 14, 2025
Sold by
Engelhardt Michael and Engelhardt Philip
Bought by
Heyman William H and Dietze Katherine E
Seller's Agent
Cappy Abraham
Palm Beach Residential Properties, LLC
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$4,800,000
Sold Price
$3,700,000
Premium/Discount to List
-$1,100,000
-22.92%
Views
17
Current Estimated Value
$2,839,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$860,840
Avg. Annual Appreciation
-40.39%

Purchase Details

Closed on
Apr 27, 2016
Sold by
Goldman Jacqueline
Bought by
Goldman Jacqueline and Jacqueline Goldman Revocable Trust

Purchase Details

Closed on
Jul 15, 2011
Sold by
Abraham S Daniel
Bought by
Goldman Jacqueline L

Purchase Details

Closed on
Nov 18, 2005
Sold by
Margolis Eric
Bought by
Abraham S Daniel

Purchase Details

Closed on
Jun 18, 2003
Sold by
Bagley Vicki
Bought by
Margolis Eric

Purchase Details

Closed on
Apr 27, 1999
Sold by
Marion R Freshman Tr
Bought by
Bagley Vicki
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $3,700,000 None Listed On Document
Warranty Deed $3,700,000 None Listed On Document
Interfamily Deed Transfer -- Attorney
Warranty Deed $800,000 Attorney
Warranty Deed $525,000 --
Warranty Deed $320,000 Concorde Title Ins Agency In
Warranty Deed $100,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2025 03/14/25 Sold $3,700,000 -5.1% --
02/24/2025 02/24/25 Pending -- -- --
01/14/2025 01/14/25 Price Changed $3,900,000 -18.8% --
11/05/2024 11/05/24 For Sale $4,800,000 -- --
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
2024 $18,931 $1,017,685 -- --
2023 $16,723 $925,168 $0 $1,314,391
2022 $15,588 $841,062 $0 $0
2021 $12,743 $764,602 $0 $764,602
2020 $12,453 $734,814 $0 $734,814
2019 $12,002 $692,600 $0 $692,600
2018 $11,625 $692,600 $0 $692,600
2017 $11,869 $692,600 $0 $0
2016 $9,870 $481,360 $0 $0
2015 $7,937 $437,600 $0 $0
2014 $3,912 $210,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cappy Abraham

    Seller's Agent in 2025

    Cappy Abraham

    Palm Beach Residential Properties, LLC

    (561) 827-5717

    40 Total Sales

    Cappy Abraham
    Section Image

  • N

    Buyer's Agent in 2025

    NON MEMBER

    NON MEMBER FIRM

See All Agents

About This Building

Map

Source: Palm Beach Board of REALTORS®

MLS Number: 24-1624

APN: 50-43-43-22-18-001-5030

Florida Palm Beach County Palm Beach 33480

44 Cocoanut Row Unit 503/504 B, Palm Beach, FL

This home is located at 44 Cocoanut Row Unit 503/504 B, Palm Beach, FL 33480 and is currently priced at $3,700,000. This property was built in 1956. 44 Cocoanut Row Unit 503/504 B is a home located in Palm Beach County with nearby schools including Palm Beach Public School, Conniston Middle School, and Forest Hill Community High School.

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