$8,500,000

44 Cocoanut Row, Unit 514A Floor 5 Palm Beach, FL 33480

Estimated payment $57,221/month

2 Beds
3 Baths
2,794 Sq Ft
$3,042 Price per Sq Ft

Highlights

  • Doorman
  • Property fronts an intracoastal waterway
  • Outdoor Pool
  • Palm Beach Public School Rated A-
  • Fitness Center
  • Marble Flooring

About This Home

Live the Palm Beach lifestyle in this rare lakefront penthouse with a private poolside cabana at Palm Beach Towers in the heart of town. Enjoy stunning Intracoastal sunsets and generous living spaces and a one-of-a-kind 4500 square-foot Terrace with the most spectacular ocean, intracoastal and city views. Features include 2 bedrooms plus a den, 3 full baths, a wet bar, large eat in kitchen, and laundry room. Hotel/resort-style amenities include: pool, spa, valet, 24-hour security, gym, card & party rooms, in-house maintenance/painting teams, local car Service, mailing services, two dining options (restaurant and snack bar/convenience store), salon, dentist, and on-site design professionals. Prime location near Royal Poinciana Plaza, Glazer Hall, Flagler Museum & The Breakers.

Listing Agent

Paulette Koch

The Corcoran Group License #3068398 Listed on: 12/23/2025

The Corcoran Group

Co-Listing Agent

Dana Koch

The Corcoran Group License #3027862

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $72,663

Year Built

  • Built in 1956

Lot Details

  • Northwest Facing Home

HOA Fees

  • $6,499 Monthly HOA Fees

Parking

  • 1 Parking Space

Interior Spaces

  • 2,794 Sq Ft Home
  • Family Room
  • Living Room
  • Dining Area
  • Den

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Marble
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Pool
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434322180005140

Community Details

Overview

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

Amenities

  • Doorman
  • Common Area

Recreation

  • Community Pool
  • Bike Trail

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$72,663

Year Built

Built in 1956

Lot Details

0

HOA Fees

$6,499 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: Just South of Royal Poinciana Way on Cocoanut Row
  • 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: 72663.0
  • Location Tax Legal:Tax Year2: 2025
  • General Property Description:Living Area: 2794.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 6499.18
  • General Property Description:Per: Month
  • General Property Description:_pound_ Units in Complex: 258
  • General Property Description:_pound_ Floors: 6.0
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: 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:Water2: Yes
  • Exposure of Unit:North2: Yes
  • Floors:Marble: Yes
  • Pets:Pets Allowed: No
  • Exposure of Unit:West2: Yes
  • Maintenance Includes:Cable TV: Yes
  • Waterfront-Unit:ICW-Across Bike Path2: Yes
  • Waterfront-Building:ICW-Across Bike Path: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Oven-Double, Washer, Dryer, Range - Electric
  • Total Bedrooms: 2
  • Flooring: Marble, Tile
  • Interior Amenities: Pantry
  • Living Area: 2794.0
  • Stories: 6
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Pantry: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Appliances:Oven-Double: Yes
  • Other Rooms:Dining Area: Yes

Exterior Features

  • Pool Private: Yes
  • Waterfront: Yes
  • Exterior Features: Balcony
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Parking Spaces: 1.0

Utilities

  • Laundry Features: Laundry in Unit
  • Security: 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, Water

Lot Info

  • Parcel #: 50434322180005140
  • Zoning: R-D(2) - Heavy Density Residential

Multi Family

  • Number Of Units Total: 258
  • Maintenance Expense: 6499.18

Tax Info

  • Tax Annual Amount: 72663.0
  • Tax Year: 2025

Map

About This Building

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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
2025 $69,960 $3,416,998 -- --
2024 $69,960 $3,106,362 -- --
2023 $61,390 $2,823,965 $0 $5,716,015
2022 $57,430 $2,567,241 $0 $0
2021 $44,615 $3,266,324 $0 $3,266,324
2020 $40,199 $2,816,634 $0 $2,816,634
2019 $38,088 $2,663,400 $0 $2,663,400
2018 $33,580 $2,463,400 $0 $2,463,400
2017 $32,769 $2,463,400 $0 $0
2016 $29,365 $1,449,140 $0 $0
2015 $23,698 $1,317,400 $0 $0
2014 $24,005 $1,317,400 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2025 12/23/25 For Sale $8,500,000 -- $3,042 / Sq Ft
Source: Palm Beach Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $560,000 --
Source: Public Records

Source: Palm Beach Board of REALTORS®

MLS Number: 25-1939

APN: 50-43-43-22-18-000-5140

Florida Palm Beach County Palm Beach 33480

44 Cocoanut Row Unit 514A, Palm Beach, FL

For Sale

Coop

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Listing Agent
Paulette Koch
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The Corcoran Group
(561) 786-1339