NOT LISTED FOR SALE

44 Cocoanut Row, Unit 505b Floor 5 Palm Beach, FL 33480

Estimated Value: $1,833,000 - $2,814,000

1 Bed
2 Baths
-- Sq Ft
1956 Built

Sale Details

Date Sold: May 2, 2025

Last sale price $1,850,000

Est. 14% increase in value since last sale

Current estimated payment $14,861 / mo

137 Days on Market

Highlights

  • Doorman
  • Lake Front
  • Pool
  • Palm Beach Public School Rated A-
  • Fitness Center
  • Home Gym

About This Home

As of May 2025

Picture Perfect View of Majestic Breakers Hotel. Unique 1 Bedroom - 2 Bath Apartment (Originally a 2 Bedroom - 2 Bath) Exceptionally Spacious Master Bedroom Suite.

Last Agent to Sell the Property

Cappy Abraham

Palm Beach Residential Properties, LLC License #CQ1021371 Listed on: 11/08/2024

Last Buyer's Agent

Cappy Abraham

Palm Beach Residential Properties, LLC License #CQ1021371 Listed on: 11/08/2024

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $14,178

Year Built

  • Built in 1956

Lot Details

  • Northeast Facing Home

HOA Fees

  • $2,278 Monthly HOA Fees

Interior Spaces

  • Living Room
  • Dining Area
  • Home Gym

Kitchen

  • Single Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

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

Parking

  • 1 Car Garage
  • No Garage
  • Open Parking

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Non-Toxic Pest Control
  • Heated Pool

Listing and Financial Details

  • Assessor Parcel Number 50434322180015050

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
  • Elevator

Recreation

Pet Policy

  • No Pets Allowed

Security

  • Security Guard
  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$14,178

Year Built

Built in 1956

Lot Details

0 Sq Ft Lot

HOA Fees

$2,278 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: 14178.0
  • Location Tax Legal:Tax Year2: 2024
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • General Property Description:Maintenance Amount: 2278.0
  • General Property Description:Per: Month
  • General Property Description:_pound_ Units in Complex: 277
  • General Property Description:_pound_ Floors: 6.0
  • Exposure of Unit:East2: 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
  • Exposure of Unit:North2: Yes
  • Floors:WW Carpeting: Yes
  • Security:Security Guards: Yes
  • Maintenance Includes:Cable TV: Yes
  • Waterfront-Building:Intracoastal-Direct2: Yes
  • Waterfront-Building:Lakefront2: Yes
  • Pool:Heated Elec: Yes
  • Restrictions:No Pets Allowed: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Oven-Single, Microwave, Washer, Dryer, Range - Electric
  • Other Equipment: Intercom
  • Total Bedrooms: 1
  • Flooring: Tile, W/W Carpeting
  • Stories: 6
  • Interior Features:Smoke Alarms: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Oven-Single: Yes
  • Interior Features:Intercom: Yes

Exterior Features

  • Pool Features: Fresh Water, Heated Elec
  • Pool Private: Yes
  • Waterfront: No
  • Exterior Features: Storm Shutters- Auto, Elevator, Exercise Room, Lobby
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Exercise Room2: Yes
  • Exterior Features:Lobby: Yes
  • Exterior Features:Storm Shutters- Auto: Yes

Garage/Parking

  • Parking Features: Other
  • Total Parking Spaces: 1.0
  • Parking:Open Parking: Yes
  • Parking:No Garage2: Yes
  • Parking:Other2: Yes

Utilities

  • Laundry Features: 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
  • 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

  • Parcel #: 50434322180015050
  • Zoning: R-D(2) - Heavy Density Residential

Multi Family

  • Number Of Units Total: 277
  • Maintenance Expense: 2278.0

Tax Info

  • Tax Annual Amount: 14178.0
  • Tax Year: 2024

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
Nov 8, 2024
Closed on
May 2, 2025
Sold by
Bought by
Seller's Agent
Cappy Abraham
Palm Beach Residential Properties, LLC
Buyer's Agent
Cappy Abraham
Palm Beach Residential Properties, LLC
List Price
$2,500,000
Sold Price
$1,850,000
Premium/Discount to List
-$650,000
-26%
Views
9
Current Estimated Value
$2,114,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,876
Avg. Annual Appreciation
12.81%

Purchase Details

Closed on
Sep 13, 2023
Sold by
Bought by

Purchase Details

Listed on
Sep 8, 2014
Closed on
Mar 24, 2015
Sold by
Bought by
Seller's Agent
Bernice Pesenti
Douglas Elliman
Buyer's Agent
Michael Harris
The Corcoran Group
List Price
$795,000
Sold Price
$755,000
Premium/Discount to List
-$40,000
-5.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.63%

Purchase Details

Closed on
Feb 15, 2007
Sold by
Bought by

Purchase Details

Closed on
May 20, 1998
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
$75,000
Interest Rate
7.04%
Mortgage Type
New Conventional
Source: Public Records
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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
$1,850,000 Property Transfer Services
-- None Listed On Document
$755,000 None Available
$820,000 Attorney
$190,000 --
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
Previous Owner $75,000
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 Prior Sale
05/02/2025 05/02/25 Sold $1,850,000 -11.9% --
03/25/2025 03/25/25 Pending -- -- --
01/02/2025 01/02/25 Price Changed $2,100,000 -16.0% --
11/08/2024 11/08/24 For Sale $2,500,000 +231.1% --
04/01/2015 04/01/15 Sold $755,000 -5.0% $631 / Sq Ft View Prior Sale
03/02/2015 03/02/15 Pending -- -- --
09/08/2014 09/08/14 For Sale $795,000 -- $665 / Sq Ft
Source: Palm Beach Board of REALTORS®

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 $14,178 $824,445 -- --
2024 $14,178 $749,495 -- --
2023 $12,674 $681,359 $0 $1,044,106
2022 $11,880 $619,417 $0 $0
2021 $9,232 $563,106 $0 $563,106
2020 $9,383 $563,106 $0 $563,106
2019 $9,116 $535,400 $0 $535,400
2018 $8,823 $535,400 $0 $535,400
2017 $9,516 $565,400 $0 $0
2016 $9,822 $565,400 $0 $0
2015 $6,733 $370,400 $0 $0
2014 $6,821 $370,400 $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

    34 Total Sales

    Cappy Abraham
    Section Image

  • B

    Seller's Agent in 2015

    Bernice Pesenti

    Douglas Elliman

  • M

    Seller Co-Listing Agent in 2015

    Michael Harris

    The Corcoran Group

    (407) 837-6635

    19 Total Sales

    Michael Harris
    Section Image
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About This Building

Map

Source: Palm Beach Board of REALTORS®

MLS Number: 24-1669

APN: 50-43-43-22-18-001-5050

Florida Palm Beach County Palm Beach 33480

44 Cocoanut Row Unit 505b, Palm Beach, FL

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