NOT LISTED FOR SALE

44 Cocoanut Row, Unit 525b Floor 5 Palm Beach, FL 33480

Estimated Value: $1,331,000 - $2,400,000

1 Bed
2 Baths
953 Sq Ft
$1,928/Sq Ft Est. Value

Sale Details

Date Sold: January 18, 2022

Last sale price $1,550,000 $1,626 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $12,877 / mo

25 Days on Market

Highlights

  • Doorman
  • Property fronts an intracoastal waterway
  • High Impact Windows
  • Palm Beach Public School Rated A-
  • Balcony
  • Living Room

About This Home

As of January 2022

IN TOWN - ICONIC PALM BEACH TOWERS 1BR 1 1⁄2 BA apartment conveniently located in the center of town offers the best of all worlds. A spacious open floor plan, with southern exposure provides for an abundance of natural light, large open terrace, island breezes, sensational views, including the intracoastal, The Breakers Hotel, and Flagler Museum. Building amenities are unparalleled, included on-site are the following: acclaimed high-end restaurant, NY style deli, post office, dentist, hair salon, tailor, dry cleaner, fitness center, resort style pool/poolside towel service, valet parking, chauffeured transportation, and of course a full-time management team to ensure an everyday high quality living experience.

Last Agent to Sell the Property

J. RICHARD ALLISON II

The Corcoran Group License #631505 Listed on: 12/01/2021

The Corcoran Group

Last Buyer's Agent

NON MEMBER

NON MEMBER FIRM

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $6,848

Year Built

  • Built in 1956

Lot Details

  • South Facing Home

HOA Fees

  • $1,310 Monthly HOA Fees

Interior Spaces

  • 953 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Dining Area
  • Tile Flooring
  • High Impact Windows

Kitchen

  • Single Oven
  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • No Garage

Utilities

  • Central Air
  • Cable TV Available

Additional Features

  • Non-Toxic Pest Control
  • Balcony

Listing and Financial Details

  • Assessor Parcel Number 50434322180015250

Community Details

Overview

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

Amenities

  • Doorman
  • Common Area

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$6,848

Year Built

Built in 1956

Lot Details

0 Sq Ft Lot

HOA Fees

$1,310 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: East on Okeechobee Blvd. Left on Cocoanut Row.
  • 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: 6848.0
  • Location Tax Legal:Tax Year2: 2020
  • General Property Description:Living Area: 953.0
  • General Property Description:Pool: No
  • General Property Description:Waterfront: No
  • General Property Description:Maintenance Amount: 1310.0
  • General Property Description:Per: Month
  • General Property Description:_pound_ Units in Complex: 277
  • General Property Description:_pound_ Floors: 6.0
  • Exposure of Unit:South2: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Laundry:Laundry in Unit: Yes
  • Security:Door Person: 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
  • Maintenance Includes:Cable TV: Yes
  • Waterfront-Building:Intracoastal-Direct2: Yes
  • Waterfront-Unit:Intracoastal-Direct3: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Oven-Single, Washer, Dryer, Range - Electric
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 953.0
  • Stories: 6
  • Appliances Dishwasher: Yes
  • Appliances:Range - Electric: Yes
  • Interior Features:Ceiling Fan: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Oven-Single: Yes

Exterior Features

  • Pool Features: No Pool
  • Pool Private: No
  • Waterfront: No
  • Exterior Features: Balcony, Impact Windows
  • Exterior Features:Balcony: Yes
  • Exterior Features:Impact Windows: Yes

Garage/Parking

  • Total Parking Spaces: 1.0
  • Parking:No Garage2: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • Security: Door Person
  • Cooling: Central Air
  • Cooling Y N: Yes

Condo/Co-op/Association

  • Amenities: No Services
  • Association: Yes

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Cable TV, Common Area, Maintenance Exterior, Trash, Pest Control, Sewer, Water

Lot Info

  • Parcel #: 50434322180015250
  • Zoning: R-D(2) - Heavy Density Residential

Multi Family

  • Number Of Units Total: 277
  • Maintenance Expense: 1310.0

Tax Info

  • Tax Annual Amount: 6848.0
  • Tax Year: 2020

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 1, 2021
Closed on
Jan 18, 2022
Sold by
Bought by
Seller's Agent
J. RICHARD ALLISON II
The Corcoran Group
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$1,550,000
Sold Price
$1,550,000
Current Estimated Value
$1,837,417

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$287,417
Avg. Annual Appreciation
3.92%

Purchase Details

Listed on
Apr 22, 2021
Closed on
Jun 22, 2021
Sold by
Bought by
Seller's Agent
CARL CRAMER
Keller Williams Palm Beach Isl
Buyer's Agent
Carla Chitstenson
One Sotheby's International Realty
List Price
$635,000
Sold Price
$739,500
Premium/Discount to List
$104,500
16.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
266.31%

Purchase Details

Closed on
Jun 28, 2011
Sold by
Bought by

Purchase Details

Closed on
May 21, 2003
Sold by
Bought by

Purchase Details

Closed on
May 16, 2003
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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
$1,550,000 Dpw Law Firm
$739,500 Attorney
$304,000 Lighthouse Title Svcs Inc
-- --
$280,000 --
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
01/18/2022 01/18/22 Sold $1,550,000 0.0% $1,626 / Sq Ft
01/18/2022 01/18/22 Sold $1,550,000 0.0% $1,626 / Sq Ft View Prior Sale
12/26/2021 12/26/21 Pending -- -- --
12/19/2021 12/19/21 Pending -- -- --
12/01/2021 12/01/21 For Sale $1,550,000 -13.6% $1,626 / Sq Ft
10/28/2021 10/28/21 For Sale $1,795,000 +142.7% $1,884 / Sq Ft
06/24/2021 06/24/21 Sold $739,500 +16.5% $776 / Sq Ft View Prior Sale
05/25/2021 05/25/21 Pending -- -- --
04/22/2021 04/22/21 For Sale $635,000 -- $666 / 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 $19,948 $1,380,000 -- --
2024 $19,948 $1,357,540 -- --
2023 $19,518 $1,318,000 $0 $1,318,000
2022 $11,753 $738,000 $0 $0
2021 $6,746 $395,000 $0 $395,000
2020 $6,848 $395,000 $0 $395,000
2019 $6,601 $380,000 $0 $380,000
2018 $5,972 $365,000 $0 $365,000
2017 $5,524 $325,000 $0 $0
2016 $5,181 $275,000 $0 $0
2015 $4,576 $250,000 $0 $0
2014 $4,494 $236,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    J. RICHARD ALLISON II

    The Corcoran Group

    (561) 882-9999

    4 Total Sales

    J. RICHARD ALLISON II
    Section Image

  • J

    Seller's Agent in 2022

    J. Richard Allison

    The Corcoran Group

    (561) 655-8600

    11 Total Sales

    J. Richard Allison
    Section Image

  • N

    Buyer's Agent in 2022

    NON MEMBER

    NON MEMBER FIRM

  • L

    Buyer's Agent in 2022

    Lauren Platt

    Echo Fine Properties

    (561) 702-1470

    33 Total Sales

    Lauren Platt
    Section Image

  • C

    Seller's Agent in 2021

    CARL CRAMER

    Keller Williams Palm Beach Isl

    (561) 209-2500

    10 Total Sales

    CARL CRAMER
    Section Image
  • Carla Chitstenson

    Buyer's Agent in 2021

    Carla Chitstenson

    One Sotheby's International Realty

    (561) 307-9966

    91 Total Sales

    Carla Chitstenson
    Section Image
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About This Building

Map

Source: Palm Beach Board of REALTORS®

MLS Number: 21-1678

APN: 50-43-43-22-18-001-5250

Florida Palm Beach County Palm Beach 33480

44 Cocoanut Row Unit 525b, Palm Beach, FL

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