NOT LISTED FOR SALE

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

Palm Beach Area

Estimated Value: $7,814,000 - $8,327,000

2 Beds
3 Baths
2,794 Sq Ft
1956 Built

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 $56,542 / mo

69 Days on Market

Highlights

  • Ocean View
  • Property fronts an intracoastal waterway
  • Heated Spa
  • Palm Beach Public School Rated A-
  • Fitness Center
  • Clubhouse

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

Dana Koch

The Corcoran Group License #3027862 Listed on: 12/23/2025

The Corcoran Group

Last Buyer's Agent

Nadine Fite

Compass Florida LLC License #3446793

Compass Florida LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $69,960

Year Built

  • Built in 1956

Lot Details

  • East Facing Home

HOA Fees

  • $6,499 Monthly HOA Fees

Property Views

Interior Spaces

  • 2,794 Sq Ft Home
  • Entrance Foyer
  • Combination Dining and Living Room
  • Marble Flooring
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 2 Open Parking Spaces
  • Assigned Parking

Pool

  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Balcony
  • Open Patio
  • Outdoor Living Area

Schools

  • Palm Beach Public Elementary School
  • Forest Hill High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 50434322180005140

Community Details

Overview

  • Association fees include common areas, cable TV, electricity, insurance, ground maintenance, water
  • Palm Beach Towers Cond Subdivision
  • 6-Story Property

Amenities

  • Clubhouse
  • Business Center
  • Secure Lobby
  • Bike Room
  • Elevator

Recreation

  • Recreation Facilities

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$69,960

Year Built

Built in 1956

Lot Details

0 Sq Ft Lot

HOA Fees

$6,499 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Just South of Royal Poinciana Way on Cocoanut Row
  • Year Built: 1956
  • Unit Levels: Multi/Split
  • New Construction: No
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Closet Cabinetry, Dual Sinks, Entrance Foyer, Eat-in Kitchen, Elevator, Living/Dining Room, Pantry, Separate Shower, Walk-In Closet(s)
  • Main Level Bedrooms: 2
  • Private Spa: Yes
  • Furnished: Unfurnished
  • Spa Features: Heated, In Ground
  • Appliances: Dryer, Dishwasher, Electric Range, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Flooring: Marble
  • Living Area: 2794.0
  • Stories: 6

Exterior Features

  • Exterior Features: Balcony, Outdoor Living Area
  • View: Intercoastal, Ocean
  • Pool Features: Association
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: East
  • Patio And Porch Features: Open, Patio, Balcony
  • Property Condition: Resale
  • Roof: Other

Garage/Parking

  • Open Parking Spaces: 2.0
  • Garage Yn: No
  • Parking Features: Assigned

Utilities

  • Laundry Features: Inside, Laundry Closet
  • Security: Security System, Lobby Secured, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • 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: 6499.18
  • Phone: 561-832-8511
  • Pets Allowed: No
  • Community Features: Property Manager On-Site
  • Senior Community: No
  • Amenities: Bike Storage, Business Center, Clubhouse, Elevator(s), Fitness Center, Pool, Recreation Facilities, Restaurant, Sidewalks
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: No
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Electricity, Insurance, Maintenance Grounds, Water

Schools

  • Elementary School: Palm Beach Public
  • High School: Forest Hill

Lot Info

  • Parcel #: 50434322180005140
  • Mobile Dim Units: Feet
  • Zoning: R-D(2)

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 69960.0

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
Bought by
Seller's Agent
Dana 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
$8,138,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,159
Avg. Annual Appreciation
5.16%

Purchase Details

Closed on
Dec 16, 1996
Sold by
Bought by
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
$8,000,000 Trident Title
$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 -- -- --
12/22/2025 12/22/25 For Sale $8,500,000 -- $3,042 / Sq Ft
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 $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

  • Dana Koch

    Seller's Agent in 2026

    Dana Koch

    The Corcoran Group

    (561) 379-7718

    199 Total Sales

    Dana Koch
    Section Image

  • N

    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: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R11149446

BeachesMLS (Greater Fort Lauderdale)

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

Florida Palm Beach County Palm Beach 33480

44 Cocoanut Row Unit 514A, 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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