NOT LISTED FOR SALE

5671 Coconut Rd West Palm Beach, FL 33413

Royal Palm Estates Neighborhood

Estimated Value: $421,164 - $644,000

Studio
2 Baths
1,800 Sq Ft
$296/Sq Ft Est. Value

Sale Details

Date Sold: September 15, 2022

Last sale price $340,000 $189 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $3,339 / mo

166 Days on Market

Highlights

  • No HOA
  • Concrete Flooring
  • 3-minute walk to Caroline Park
  • Central Heating and Cooling System
  • Fenced

About This Home

As of September 2022

Great opportunity to invest in a duplex! Spacious 2/1 on each side, with updated floors and newer tiles in the bathrooms. Each unit is tenant occupied and rent under market value at $1100. Large yard with lots of greenery and plenty of parking space. No HOA and located just minutes to the Turnpike, I-95, Wellington, Boynton Beach, Downtown West Palm Beach, gorgeous area beaches and 3 international airports.

Last Agent to Sell the Property

Jeff Tricoli

KW Reserve Palm Beach License #3082942 Listed on: 08/04/2022

KW Reserve Palm Beach

Co-Listed By

Hilda Tricoli

KW Reserve Palm Beach License #3211850

Last Buyer's Agent

Victor Gomez

Platino Investment Properties LLC License #3286299

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,657

Year Built

  • Built in 1979

Lot Details

  • 6,500 Sq Ft Lot
  • Fenced

Home Design

  • Duplex
  • Composition Roof
  • Stucco

Interior Spaces

  • 2 Bathrooms
  • 1,800 Sq Ft Home
  • 1-Story Property
  • Concrete Flooring

Schools

  • Benoist Farms Elementary School
  • Jeaga Middle School
  • Royal Palm Beach High School

Utilities

  • Central Heating and Cooling System
  • Three-Phase Power

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 00424335100160170

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Royal Palm Estates Subdivision

Building Details

  • Gross Income $26,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,657

Year Built

Built in 1979

Lot Details

6,500 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: Head southeast on I-95 S Take exit 68 toward FL-80 W/US-98 Keep left to continue on US-98/Southern Blvd Turn right onto Guava Ave Turn left at the 1st cross street onto Coconut Rd
  • Year Built: 1979
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Concrete
  • Living Area: 1800.0

Exterior Features

  • Fencing: Fenced
  • Lot Features: < 1/4 Acre
  • Pool Private: No
  • Road Frontage Type: Public Road
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Stucco
  • Property Condition: Resale
  • Roof: Composition

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: None
  • Association: No

Schools

  • Elementary School: Benoist Farms
  • High School: Royal Palm Beach
  • Middle Or Junior School: Jeaga

Lot Info

  • Parcel #: 00424335100160170
  • Lot Size Acres: 0.15
  • Lot Size: 50.0 ft x 130.0 ft
  • Mobile Dim Units: Feet
  • Zoning: RM

Rental Info

  • Tenant Pays: Electricity

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4656.58

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 26400.0

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
Aug 4, 2022
Closed on
Sep 15, 2022
Sold by
Bought by
Seller's Agent
Jeff Tricoli
KW Reserve Palm Beach
Buyer's Agent
Victor Gomez
Platino Investment Properties LLC
List Price
$399,900
Sold Price
$340,000
Premium/Discount to List
-$59,900
-14.98%
Current Estimated Value
$532,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,388
Avg. Annual Appreciation
12.29%
Original Mortgage
$290,000
Interest Rate
0.0513%
Mortgage Type
Balloon

Purchase Details

Closed on
Dec 22, 2020
Sold by
Bought by

Purchase Details

Closed on
May 28, 2002
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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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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
$340,000 Homelight Settlement Llc
-- None Available
-- --
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
Open $380,000
Closed $290,000
Previous Owner $87,500
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
09/15/2022 09/15/22 Sold $340,000 -15.0% $189 / Sq Ft
08/16/2022 08/16/22 Pending -- -- --
02/24/2022 02/24/22 For Sale $399,900 -- $222 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $4,994 $279,925
2024 $4,994 $254,477
2023 $5,569 $289,391 $115,500 $173,891
2022 $5,295 $247,694 $0 $0
2021 $4,657 $225,176 $88,000 $137,176
2020 $3,887 $221,410 $88,000 $133,410
2019 $3,654 $202,536 $88,000 $114,536
2018 $3,183 $178,884 $77,963 $100,921
2017 $2,850 $152,896 $51,975 $100,921
2016 $2,616 $104,278 $0 $0
2015 $2,464 $94,798 $0 $0
2014 $2,336 $86,180 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeff Tricoli

    Seller's Agent in 2022

    Jeff Tricoli

    KW Reserve Palm Beach

    (561) 220-3202

    8 in this area

    1,809 Total Sales

    Jeff Tricoli
    Section Image
  • Hilda Tricoli

    Seller Co-Listing Agent in 2022

    Hilda Tricoli

    KW Reserve Palm Beach

    (561) 220-4778

    6 in this area

    1,494 Total Sales

    Hilda Tricoli
    Section Image

  • V

    Buyer's Agent in 2022

    Victor Gomez

    Platino Investment Properties LLC

    (561) 827-7700

    2 in this area

    25 Total Sales

    Victor Gomez
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10779198

BeachesMLS (Greater Fort Lauderdale)

APN: 00-42-43-35-10-016-0170

Florida Palm Beach County West Palm Beach 33413 Royal Palm Estates

5671 Coconut Rd, West 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 (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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