NOT LISTED FOR SALE

44 Cocoanut Row, Unit 518 B Palm Beach, FL 33480

Estimated Value: $2,010,500

2 Beds
2 Baths
1,226 Sq Ft
$1,511/mo HOA Fee

Last Sold April 24, 2018

Last sale price $1,800,000 $1,468 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $14,046/month

38 Days on Market

Highlights

  • Doorman
  • Property fronts an intracoastal waterway
  • 488,579 Sq Ft lot
  • Palm Beach Public School Rated A-
  • Fitness Center
  • Community Pool

About This Home

As of April 2018

BREATHTAKING PANORAMIC VIEWS - SOARING 10 FOOT CEILINGS. Direct Lake Views from Every Window. Exquisitely Renovated Apartment. Adjacent Apartment can be purchased to Combine and Create a Unique Jaw-Dropping Space.

Last Agent to Sell the Property

Cappy Abraham

Palm Beach Residential Properties LLC License #3106605 Listed on: 02/14/2018

Last Buyer's Agent

Pat Smith

Douglas Elliman License #3363775

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,563

Year Built

  • Built in 1956

Lot Details

HOA Fees

  • $1,511 Monthly HOA Fees

Interior Spaces

  • 1,226 Sq Ft Home
  • Combination Dining and Living Room

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Open Parking
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434322180015180

Community Details

Overview

  • Association fees include common areas, cable TV, electricity, maintenance structure, pest control, sewer, trash, water
  • High-Rise Condominium
  • Palm Beach Towers Condo Subdivision
  • 6-Story Property

Amenities

  • Doorman
  • Community Library
  • Elevator
  • Bike Room

Recreation

  • Putting Green

Security

  • Security Guard
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,563

Year Built

Built in 1956

Lot Details

0

HOA Fees

$1,511 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: EAST OKEECHOBEE - LEFT ON COCOANUT ROW - BUILDING LESS THAN A MILE ON LEFT.
  • Year Built: 1956
  • Architectural Style: High Rise
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Living/Dining Room
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Other
  • Living Area: 1226.0
  • Stories: 6

Exterior Features

  • View: Intercoastal
  • Pool Features: None, Association, Community
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Open Parking: Yes
  • Parking Features: Assigned, Open

Utilities

  • Security: Door Man, Security Guard, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1511.0
  • Community Features: Pool
  • Senior Community: No
  • Amenities: Bike Storage, Fitness Center, Library, Pool, Putting Green(s), Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Electricity, Maintenance Structure, Pest Control, Sewer, Trash, Water

Lot Info

  • Parcel #: 50434322180015180
  • Lot Size Sq Ft: 488579.0
  • Zoning Description: C-TS(c
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 14563.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2018
Closed on
Apr 23, 2018
Sold by
Abraham Daniel
Bought by
Schleiff Henry and Schleiff Peggy
Seller's Agent
Cappy Abraham
Palm Beach Residential Properties LLC
Buyer's Agent
Pat Smith
Douglas Elliman
List Price
$1,795,000
Sold Price
$1,800,000
Premium/Discount to List
$5,000
0.28%
Current Estimated Value
$2,010,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,500

Purchase Details

Closed on
Feb 13, 2007
Sold by
Guest Mary Scott
Bought by
Abraham S Daniel

Purchase Details

Closed on
Apr 8, 2006
Sold by
Metz Robert Timothy and Metz Geraldine Fabrikant
Bought by
Guest Mary Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.31%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 25, 2005
Sold by
Krissel Ricka
Bought by
Metz Robert Timothy and Metz Geraldine Fabrikant

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.88%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 11, 2003
Sold by
Krissel Ricka
Bought by
Krissel Ricka
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Buyer Sale Price Title Company
Schleiff Henry $1,800,000 Attorney
Abraham S Daniel $975,000 Attorney
Guest Mary Scott $1,050,000 Attorney
Metz Robert Timothy $800,000 --
Krissel Ricka -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Guest Mary Scott $500,000
Previous Owner Metz Robert Timothy $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/24/2018 04/24/18 Sold $1,800,000 0.0% $1,468 / Sq Ft View Prior Sale
04/24/2018 04/24/18 Sold $1,800,000 +0.3% $1,468 / Sq Ft
04/13/2018 04/13/18 Pending -- -- --
03/25/2018 03/25/18 Pending -- -- --
02/14/2018 02/14/18 For Sale $1,795,000 -0.3% $1,464 / Sq Ft
08/15/2017 08/15/17 For Sale $1,800,000 -- $1,468 / Sq Ft
Source: BeachesMLS

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
2020 $21,661 $1,293,106 $0 $1,293,106
2019 -- $1,240,400 $0 $1,240,400
2018 -- $1,240,400 $0 $1,240,400
2017 -- $970,400 $0 $0
2016 -- $704,440 $0 $0
2015 -- $640,400 $0 $0
2014 -- $640,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cappy Abraham

    Seller's Agent in 2018

    Cappy Abraham

    Palm Beach Residential Properties LLC

    (561) 827-5717

    40 Total Sales

    Cappy Abraham
    Section Image
  • Pat Smith

    Buyer's Agent in 2018

    Pat Smith

    Douglas Elliman

    (561) 247-3158

    38 Total Sales

    Pat Smith
    Section Image

  • R

    Buyer's Agent in 2018

    RICHARD STEINBERG

    Douglas Elliman

See All Agents

About This Building

Map

Source: BeachesMLS

MLS Number: R10405843

BeachesMLS

APN: 50-43-43-22-18-001-5180

Florida Palm Beach County Palm Beach 33480

44 Cocoanut Row Unit 518 B, 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 IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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