NOT LISTED FOR SALE

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

Palm Beach Area

Estimated Value: $7,808,000 - $8,702,000

2 Beds
3 Baths
2,794 Sq Ft
$2,950/Sq Ft Est. Value

Sale Details

Date Sold: March 19, 2026

Last sale price $8,000,000 $2,863 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $57,507 / mo

69 Days on Market

Highlights

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

About This Home

As of March 2026

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.

Last Agent to Sell the Property

Paulette Koch

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

The Corcoran Group

Co-Listed By

Dana Koch

The Corcoran Group License #3027862

Last Buyer's Agent

Nadine Fite

Compass Florida, LLC License #SL3446793

Compass Florida, LLC
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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

Pool

Outdoor Features

  • 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

  • Bike Trail

Security

  • On-Site Manager or Management

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$72,663

Year Built

Built in 1956

Lot Details

0 Sq Ft Lot

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
  • Parking:Total Parking: 2.0

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

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
Dec 23, 2025
Closed on
Mar 18, 2026
Sold by
Richard Perry
Bought by
Seller's Agent
Paulette Koch
The Corcoran Group
Buyer's Agent
Nadine Fite
Compass Florida, LLC
List Price
$8,500,000
Sold Price
$8,000,000
Premium/Discount to List
-$500,000
-5.88%
Views
10
Current Estimated Value
$8,188,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,113
Avg. Annual Appreciation
6.59%

Purchase Details

Closed on
Dec 16, 1996
Sold by
Harley Hotels Inc
Bought by
Stoll Marjorie
Source: Public Records

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
$8,000,000 Trident Title
Stoll Marjorie $560,000 --
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
03/19/2026 03/19/26 Sold $8,000,000 -5.9% $2,863 / Sq Ft
03/02/2026 03/02/26 Pending -- -- --
12/23/2025 12/23/25 For Sale $8,500,000 -- $3,042 / 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 $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

Agents Affiliated with this Home

  • PK

    Seller's Agent in 2026

    Paulette Koch

    The Corcoran Group

    (561) 227-4416

    113 Total Sales

    Paulette Koch
    Section Image
  • Dana Koch Real Estate Agent - The Corcoran Group

    Seller Co-Listing Agent in 2026

    Dana Koch

    The Corcoran Group

    (561) 379-7718

    195 Total Sales

    Dana Koch
    Section Image

  • NF

    Buyer's Agent in 2026

    Nadine Fite

    Compass Florida, LLC

    (561) 655-6570

    15 Total Sales

    Nadine Fite
    Section Image
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About This Building

Map

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

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