NOT LISTED FOR SALE

50 Coconut Ln Boynton Beach, FL 33435

Estimated Value: $4,194,000 - $4,367,935

0.91 Acre
$4,696,367 Price per Acre
39,422 Sq Ft Lot

Last Sold May 09, 2024

Last sale price $4,000,000 $1,152 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $28,228/month

4 Days on Market

About This Lot

As of May 2024

Nestled on a private acre in the prestigious Ocean Ridge community, this property offers convenient beach access just a 4-minute walk away, while vibrant Delray, with its lively nightlife and diverse dining scene, is only 4 miles distant. Experience the pinnacle of luxury living in Ocean Ridge with this exceptional property.The information published and provided including but not limited to prices, measurements, square footages, lot sizes, features, finishes, and calculations are subject to errors, omissions or changes without notice.All such information should be independently verified. All parties should perform their own due diligence to verify all information.

Last Agent to Sell the Property

Dovi Ettedgui

The Corcoran Group License #3457626 Listed on: 04/14/2024

The Corcoran Group

Co-Listed By

Kai Hakim

The Corcoran Group License #3602281

Last Buyer's Agent

Dovi Ettedgui

The Corcoran Group License #3457626 Listed on: 04/14/2024

The Corcoran Group

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $56,581

Lot Details

  • 0.91 Acre Lot
  • Beach Front
  • Site Plan Filed
  • Property is zoned RSF(ci

Community Details

  • Boynton Beach Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 46434527070010070

Property Details

Property Type

Land

Est. Annual Taxes

$56,581

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: Beach Front
  • Waterfront: No

Lot Info

  • Parcel #: 46434527070010070
  • Development Status: Site Plan Filed
  • Lot Size: 1/2 to < 1 Acre
  • Lot Size Sq Ft: 39422.0
  • Zoning Description: RSF(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 56581.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2024
Closed on
May 9, 2024
Sold by
Partridge Demetrius and Partridge Victoria
Bought by
Norma C Davalos Revocable Trust and Emanuel Gimenez Revocable Trust
Seller's Agent
Dovi Ettedgui
The Corcoran Group
Buyer's Agent
Dovi Ettedgui
The Corcoran Group
List Price
$4,750,000
Sold Price
$4,000,000
Premium/Discount to List
-$750,000
-15.79%
Views
2
Current Estimated Value
$4,250,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,234
Avg. Annual Appreciation
3.42%
Original Mortgage
$500,000
Outstanding Balance
$42,978
Interest Rate
6.82%
Mortgage Type
Construction
Estimated Equity
$4,128,497

Purchase Details

Listed on
Aug 30, 2021
Closed on
Nov 26, 2021
Sold by
50 Coconut Lane Llc
Bought by
Patridge Demetrus and Patridge Victoria
Seller's Agent
Debby O'Connell
Hampton Real Estate Group
Buyer's Agent
Scot Karp
Premier Estate Properties Inc
List Price
$3,595,000
Sold Price
$3,080,000
Premium/Discount to List
-$515,000
-14.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.31%

Purchase Details

Closed on
Mar 6, 2019
Sold by
Rochemont Pierre R and Rochemont Angelique
Bought by
50 Coconut Lane Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
4.4%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 3, 2015
Sold by
Wells Fargo Bank Na
Bought by
Rochemont Pierre R

Purchase Details

Closed on
Jan 12, 2015
Sold by
Sternberg Frederick
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Aug 15, 2012
Sold by
Sternberg Frederick and Sternberg Bonnie A
Bought by
Sternberg Frederick

Purchase Details

Closed on
Oct 21, 1997
Sold by
Postma Korinne Maria
Bought by
Syring Ann F

Purchase Details

Closed on
Oct 21, 1996
Sold by
Lopez-Torres Carmen and Lopez-Torres August
Bought by
Postma Korinne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
8.32%
Mortgage Type
New Conventional
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
Norma C Davalos Revocable Trust $4,000,000 None Listed On Document
Patridge Demetrus $3,080,000 Attorney
50 Coconut Lane Llc -- Attorney
Rochemont Pierre R $919,800 Servicelink Llc
Wells Fargo Bank Na $1,150,100 None Available
Sternberg Frederick -- Attorney
Syring Ann F $650,000 --
Postma Korinne M $450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Norma C Davalos Revocable Trust $500,000
Previous Owner 50 Coconut Lane Llc $840,000
Previous Owner Sternberg Frederick $500,000
Previous Owner Postma Korinne M $337,500
Closed Postma Korinne M $0
Closed Postma Korinne M $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2024 05/09/24 Sold $4,000,000 0.0% $1,152 / Sq Ft
05/09/2024 05/09/24 Sold $4,000,000 -15.8% $929 / Sq Ft
04/19/2024 04/19/24 Pending -- -- --
04/19/2024 04/19/24 Pending -- -- --
04/14/2024 04/14/24 For Sale $4,750,000 0.0% $1,368 / Sq Ft
03/19/2024 03/19/24 For Sale $4,750,000 +54.2% $1,103 / Sq Ft
12/01/2021 12/01/21 Sold $3,080,000 -14.3% $715 / Sq Ft
11/01/2021 11/01/21 Pending -- -- --
08/30/2021 08/30/21 For Sale $3,595,000 0.0% $835 / Sq Ft
06/15/2021 06/15/21 Rented $15,000 -50.0% --
05/16/2021 05/16/21 Under Contract -- -- --
10/13/2020 10/13/20 For Rent $30,000 +361.5% --
10/24/2019 10/24/19 Rented $6,500 -7.1% --
09/24/2019 09/24/19 Under Contract -- -- --
08/13/2019 08/13/19 For Rent $7,000 -- --
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
2024 $59,484 $3,131,483 -- --
2023 $56,581 $2,846,803 $0 $0
2022 $49,045 $2,588,003 $0 $0
2021 $34,328 $1,759,338 $1,202,363 $556,975
2020 $34,297 $1,756,149 $1,200,635 $555,514
2019 $31,930 $1,600,053 $1,068,455 $531,598
2018 $30,284 $1,576,211 $1,112,739 $463,472
2017 $28,708 $1,495,959 $1,059,750 $436,209
2016 $26,728 $1,336,402 $0 $0
2015 $22,816 $1,105,469 $0 $0
2014 $26,453 $1,269,927 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dovi Ettedgui

    Seller's Agent in 2024

    Dovi Ettedgui

    The Corcoran Group

    (561) 900-8395

    2 in this area

    35 Total Sales

    Section Image

  • K

    Seller Co-Listing Agent in 2024

    Kai Hakim

    The Corcoran Group

    (561) 302-3921

    2 in this area

    7 Total Sales

    Section Image
  • Debby O'Connell

    Seller's Agent in 2021

    Debby O'Connell

    Hampton Real Estate Group

    (561) 573-5099

    10 in this area

    22 Total Sales

    Section Image

  • P

    Seller's Agent in 2021

    Phillip Friis

    The Corcoran Group

    (561) 706-1922

    14 in this area

    133 Total Sales

    Section Image

  • S

    Buyer's Agent in 2021

    Scot Karp

    Premier Estate Properties Inc

    (561) 394-7700

    3 in this area

    148 Total Sales

    Section Image
  • Perry Melzer

    Buyer Co-Listing Agent in 2021

    Perry Melzer

    Compass Florida LLC

    (718) 501-7122

    1 in this area

    22 Total Sales

    Section Image
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Map

Source: BeachesMLS

MLS Number: R10978102

BeachesMLS

APN: 46-43-45-27-07-001-0070

Florida Palm Beach County Boynton Beach 33435

50 Coconut Ln, Boynton Beach, FL

This home is located at 50 Coconut Ln, Boynton Beach, FL 33435 since 14 April 2024 and is currently estimated at $4,250,234, approximately $1,223 per square foot. 50 Coconut Ln is a home located in Palm Beach County with nearby schools including Forest Park Elementary School, Boynton Beach Community High School, and Congress Community Middle School.

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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