NOT LISTED FOR SALE

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

Palm Beach Area

Estimated Value: $1,793,734

1 Bed
1.5 Baths
953 Sq Ft
1956 Built

Sale Details

Date Sold: January 18, 2022

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

Est. 16% increase in value since last sale

Current estimated payment $12,822 / mo

52 Days on Market

Highlights

  • Doorman
  • Property fronts an intracoastal waterway
  • Main Floor Primary Bedroom
  • Palm Beach Public School Rated A-
  • Fitness Center
  • Community Pool

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 Buyer's Agent

Lauren Platt

Echo Fine Properties License #3239827

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,848

Year Built

  • Built in 1956

Lot Details

  • South Facing Home

HOA Fees

  • $1,310 Monthly HOA Fees

Home Design

  • Entry on the 5th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 953 Sq Ft Home
  • Furniture for Sale
  • Furniture Can Be Negotiated
  • Combination Dining and Living Room
  • Home Security System

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Main Floor Bedroom
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Parking Space
  • Assigned Parking

Utilities

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

Additional Features

  • Accessible Elevator Installed
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 50434322180015250

Community Details

Overview

  • Palm Beach Towers Condo Subdivision
  • Mandatory home owners association
  • 6-Story Property

Amenities

  • Doorman
  • Full Time Lobby Attendant
  • Trash Chute
  • Secure Lobby
  • Elevator

Recreation

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site
  • Complete Impact Glass
  • Fire Sprinkler System

Property Details

Home Type

Condominium

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 Type: Residential
  • Year Built: 1956
  • Property Sub Type: Condominium
  • Directions: East on Okeechobee Blvd. Left on Cocoanut row
  • Entry Level: 5
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Road Frontage Type: U.S. Hwy
  • Building Stories: 6
  • Structure Type: Condo
  • Subdivision Name: PALM BEACH TOWERS CONDO
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • LastStatus: Pending
  • CurrentPrice: 1550000
  • Special Features: VirtualTour
  • Stories: 6

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Refrigerator, Washer
  • Interior Amenities: Elevator, Fire Sprinklers
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Furnished: Furniture For Sale, Furniture Negotiable
  • Living Area: 953
  • Other Equipment: Elevator
  • Stories: 6
  • Window Features: Complete Impact Glass
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Ground Level
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • View: Intracoastal View
  • Exterior Features: East Of Us1, None
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Lot Features: East Of US 1
  • Other Structures: Livable
  • Pool Features: Community
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Intracoastal Front
  • Waterfront: Yes

Garage/Parking

  • Parking Features: 1 Space, Assigned

Utilities

  • Sewer: At Site, Public Sewer, Other, Public Sanitation, Sewer
  • Water Source: Public
  • Green Building Features: Elevator, Trash Chute
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: 3 Phase Electric
  • Electricity On Property: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Sprinkler System, Fire Sprinklers, Security System, Doorman, Lobby Secured, Lobby Attended
  • Utilities: Cable Connected, Sewer Connected, Water Connected, Cable Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Association Fee: 1310
  • Amenities: Community Pool, Elevator(s), Exercise Room, Management On Site, Pool, Private Pool, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Exercise Room, Management On Site, Mandatory Hoa, Pool

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 50434322180015250
  • Zoning: C-TS(c

Rental Info

  • Pets Allowed: No, Yes

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 6848

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
Oct 28, 2021
Closed on
Jan 18, 2022
Sold by
Bought by
Buyer's Agent
Lauren Platt
Echo Fine Properties
List Price
$1,795,000
Sold Price
$1,550,000
Premium/Discount to List
-$245,000
-13.65%
Current Estimated Value
$1,793,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,734
Avg. Annual Appreciation
3.27%

Purchase Details

Listed on
Apr 22, 2021
Closed on
Jun 22, 2021
Sold by
Bought by
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

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

Mortgage 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 Status Borrower Loan Amount
Previous Owner $285,000
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 -13.6% $1,626 / Sq Ft View Prior Sale
12/19/2021 12/19/21 Pending -- -- --
12/19/2021 12/19/21 Pending -- -- --
10/28/2021 10/28/21 For Sale $1,795,000 0.0% $1,884 / 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: MIAMI REALTORS® MLS

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

    The Corcoran Group

    (561) 655-8600

    10 Total Sales

    J. Richard Allison
    Section Image

  • L

    Buyer's Agent in 2022

    Lauren Platt

    Echo Fine Properties

    (561) 702-1470

    34 Total Sales

    Lauren Platt
    Section Image
  • Carla Chitstenson Real Estate Agent - One Sotheby's International Realty

    Buyer's Agent in 2021

    Carla Chitstenson

    One Sotheby's International Realty

    (561) 307-9966

    95 Total Sales

    Carla Chitstenson
    Section Image
See All Agents

About This Building

Map

Source: MIAMI REALTORS® MLS

MLS Number: R10755304

MIAMI REALTORS® MLS

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

Florida Palm Beach County Palm Beach 33480

44 Cocoanut Row Unit 525b, 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.

MIAMI REALTORS® MLS 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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.