NOT LISTED FOR SALE

Estimated Value: $9,137,000

8 Beds
9.5 Baths
19,287 Sq Ft
$474/Sq Ft Est. Value

Last Sold September 21, 2018

Last sale price $10,000,000 $518 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $57,004/month

30 Days on Market

Highlights

  • Boat Ramp
  • Property has ocean access
  • Waterfront Tip Lot
  • Boca Raton Community Middle School Rated A-
  • Golf Course Community
  • Fitness Center

About This Home

As of September 2018

This home is located at 450 E Coconut Palm Rd, Boca Raton, FL 33432 since 22 August 2018 and is currently estimated at $9,137,000, approximately $473 per square foot. This property was built in 2001. 450 E Coconut Palm Rd is a home located in Palm Beach County with nearby schools including Boca Raton Elementary School, Boca Raton Community Middle School, and Boca Raton High School.

Last Agent to Sell the Property

Jonathan Postma

Coldwell Banker/BR License #3199367 Listed on: 08/22/2018

Coldwell Banker/BR

Last Buyer's Agent

Jonathan Postma

Coldwell Banker/BR License #3199367 Listed on: 08/22/2018

Coldwell Banker/BR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $249,017

Year Built

  • Built in 2001

Lot Details

  • 1.25 Acre Lot
  • Waterfront Tip Lot
  • Southeast Facing Home
  • Fenced
  • Property is zoned R1A(ci

HOA Fees

  • $420 Monthly HOA Fees

Parking

  • 5 Car Garage
  • Garage Door Opener

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 19,287 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Bar
  • High Ceiling
  • Fireplace
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Media Room
  • Den
  • Recreation Room
  • Marble Flooring
  • Intracoastal Views

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Roman Tub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Property has ocean access
  • Balcony
  • Open Patio
  • Exterior Lighting

Utilities

  • Forced Air Zoned Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 06434729100020300

Community Details

Overview

  • Royal Palm Yacht & Countr Subdivision

Amenities

  • Clubhouse

Recreation

  • Boat Ramp
  • Boating
  • Golf Course Community
  • Tennis Courts
  • Fitness Center

Home Details

Home Type

Single Family

Est. Annual Taxes

$249,017

Year Built

Built in 2001

Lot Details

0

HOA Fees

$420 per month

Parking

5

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: date palm to east coconut palm road
  • Year Built: 2001
  • Entry Level: 1
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Wet Bar, Breakfast Area, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Elevator, Family/Dining Room, Fireplace, Garden Tub/Roman Tub, High Ceilings, Bar
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Gas Range, Refrigerator, Washer
  • Full Bathrooms: 9
  • Half Bathrooms: 1
  • Total Bedrooms: 8
  • Fireplace: Yes
  • Flooring: Marble
  • Living Area: 19287.0
  • Dining Room Type: Den, Family Room, Media Room, Recreation
  • Stories: 2

Exterior Features

  • Exterior Features: Balcony, Fence, Patio
  • View: Intercoastal
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront Features: Ocean Access, Point Lot
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: Southeast
  • Patio And Porch Features: Balcony, Open, Patio
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 5.0
  • Garage Spaces: 5.0
  • Garage Yn: Yes
  • Parking Features: Two or More Spaces, Garage Door Opener

Utilities

  • Green Building Features: Exterior Lighting
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 420.0
  • Community Features: Boat Facilities, Clubhouse, Fitness Center, Golf, Golf Course Community, Tennis Court(s)
  • Senior Community: No
  • Amenities: Clubhouse, Golf Course, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 06434729100020300
  • Lot Size: 106.0 ft x 0.0 ft
  • Lot Size Sq Ft: 54511.0
  • Zoning Description: R1A(ci

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 249017.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2020
Sold by
Malis Candace and Malis Mark
Bought by
Malis Mark A and Perlman Jonathan
Current Estimated Value
$9,137,000

Purchase Details

Closed on
Nov 16, 2020
Sold by
Malis Candace and Malis Mark
Bought by
Malis Candace and Malis Mark

Purchase Details

Listed on
Aug 22, 2018
Closed on
Sep 10, 2018
Sold by
Chapman Ann P and Chapman Frank H
Bought by
Malis Candace
Seller's Agent
Jonathan Postma
Coldwell Banker/BR
Buyer's Agent
Jonathan Postma
Coldwell Banker/BR
List Price
$11,500,000
Sold Price
$10,000,000
Premium/Discount to List
-$1,500,000
-13.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.22%

Purchase Details

Listed on
Feb 25, 2014
Closed on
May 14, 2014
Sold by
U S Bank National Associaiton
Bought by
Chapman Ann P
Seller's Agent
Joseph Liguori
Premier Estate Properties Inc
Buyer's Agent
Gerard Liguori
Premier Estate Properties Inc
List Price
$10,900,000
Sold Price
$9,000,000
Premium/Discount to List
-$1,900,000
-17.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.45%

Purchase Details

Listed on
Feb 25, 2014
Closed on
May 7, 2014
Sold by
Rochon Richard C
Bought by
Bank Of America National Association
Seller's Agent
Joseph Liguori
Premier Estate Properties Inc
Buyer's Agent
Gerard Liguori
Premier Estate Properties Inc
List Price
$10,900,000
Sold Price
$9,000,000
Premium/Discount to List
-$1,900,000
-17.43%

Purchase Details

Closed on
Nov 5, 2013
Sold by
Rochon Richard C
Bought by
Bank Of America Nationstar Association

Purchase Details

Closed on
Jun 2, 1998
Sold by
Robert J Tr And Susan Tomsich
Bought by
Rochon Richard C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,700,000
Interest Rate
7.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 1997
Sold by
D Brant Cotterman Tr
Bought by
Rochon Richard C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,300,000
Interest Rate
7.56%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Malis Mark A -- Accommodation
Malis Mark A -- Accommodation
Malis Candace -- Attorney
Malis Candace $10,000,000 All American Title & Abstrac
Chapman Ann P $9,000,000 Attorney
Bank Of America National Association -- None Available
Bank Of America Nationstar Association $4,275,100 None Available
Rochon Richard C $3,000,000 --
Rochon Richard C $2,575,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rochon Richard C $2,700,000
Previous Owner Rochon Richard C $2,300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/21/2018 09/21/18 Sold $10,000,000 -13.0% $518 / Sq Ft
08/22/2018 08/22/18 For Sale $11,500,000 +27.8% $596 / Sq Ft
05/19/2014 05/19/14 Sold $9,000,000 -17.4% $451 / Sq Ft View Prior Sale
04/19/2014 04/19/14 Pending -- -- --
02/25/2014 02/25/14 For Sale $10,900,000 -- $547 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2025 $416,724 $25,217,325 -- --
2024 $416,724 $24,505,854 -- --
2023 $407,926 $23,792,655 $0 $0
2022 $536,345 $30,564,484 $0 $0
2021 $160,716 $8,900,509 $8,882,500 $18,009
2020 $146,189 $8,095,493 $8,075,000 $20,493
2019 $150,478 $8,097,356 $8,075,000 $22,356
2018 $249,901 $14,057,176 $7,544,521 $6,512,655
2017 $249,017 $13,782,115 $6,858,656 $6,923,459
2016 $296,701 $16,003,059 $0 $0
2015 $310,087 $16,150,034 $0 $0
2014 $281,862 $14,500,407 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10457825

BeachesMLS (Greater Fort Lauderdale)

APN: 06-43-47-29-10-002-0300