NOT LISTED FOR SALE

7585 Cocoanut Dr Unit 2 Lake Worth, FL 33467

Estimated Value: $442,000 - $536,000

1 Bed
2 Baths
1,400 Sq Ft
$353/Sq Ft Est. Value

Highlights

  • Water Views
  • Furnished
  • Separate Shower in Primary Bathroom
  • Coral Reef Elementary School Rated A-
  • Attached Garage
  • Walk-In Closet

About This Home

As of January 2024

Introducing this beautifully updated and fully furnished 1-bedroom, 2-full bath seasonal rental in Palm Beach Farms! Renovations are in progress for a second bathroom, set to be completed by the end of November.This charming home features a screened-in pool, a fully fenced backyard, and a host of modern amenities, including hurricane impact windows, and solar panels. Inside, you'll find a spacious eat-in kitchen with new quartz countertops and fully redone bathrooms.Outside, there's a generous back porch for BBQs, a fire pit for cozy evenings, and plenty of parking. This exceptional rental is available end of Novemeber with Utilties included . Don't miss out on this Palm Beach paradise!(The home has an attached apartment with separate entrance to share parking

Last Agent to Rent the Property

Thalia Arellano

Sutter & Nugent LLC License #3392005 Listed on: 10/04/2023

Sutter & Nugent LLC

Last Renter's Agent

Kimberly Losee

Douglas Elliman (Wellington) License #3388363

Douglas Elliman (Wellington)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,463

Year Built

  • Built in 1986

Lot Details

  • Fenced
  • Sprinkler System

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,400 Sq Ft Home
  • Furnished
  • Family Room
  • Water Views

Kitchen

  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Parking

  • Attached Garage
  • Driveway
  • Guest Parking

Additional Features

  • Patio
  • Central Heating

Community Details

  • Palm Beach Farms Co Pl No Subdivision

Listing and Financial Details

  • Property Available on 12/1/23
  • Assessor Parcel Number 00424327050322280

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,463

Year Built

Built in 1986

Lot Details

0

Rental Info

  • Available Date: 2023-12-01

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: On Lantana Rd West past Jog Rd - North on 1st Rd - Left on Coconut Dr
  • Year Built: 1986
  • Entry Level: 1
  • Special Features: None

Interior Features

  • Interior Amenities: Pantry, Separate Shower, Walk-In Closet(s)
  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Flooring: Laminate, Tile
  • Living Area: 1400.0
  • Dining Room Type: Family Room, Laundry, Storage Room

Exterior Features

  • Exterior Features: Fence, Patio
  • View: Other, Water
  • Lot Features: Sprinklers Automatic
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Pet on Property
  • Patio And Porch Features: Patio

Garage/Parking

  • Attached Garage: Yes
  • Garage Yn: No
  • Parking Features: Attached, Driveway, Garage, Guest, Two or More Spaces

Utilities

  • Laundry Features: In Garage
  • Cooling: Other
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 00424327050322280
  • Land Lease Amount Frequency: Monthly
  • Lot Size: West of US-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2023
Sold by
Spencer Joel
Bought by
Valencia Diana
Current Estimated Value
$493,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$517,750
Outstanding Balance
$505,886
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
-$12,279

Purchase Details

Closed on
Aug 24, 2023
Sold by
Unison Midgard Holdings Llc
Bought by
Spencer Joel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$517,750
Outstanding Balance
$505,886
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
-$12,279

Purchase Details

Closed on
Aug 14, 2023
Sold by
Unison Midgard Holdings Llc
Bought by
Spencer Joel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$517,750
Outstanding Balance
$505,886
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
-$12,279

Purchase Details

Closed on
Oct 15, 2018
Sold by
Gillenwater Clinton and Gillenwater Gabrielle
Bought by
Spencer Joel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2017
Sold by
Stokley Claudette
Bought by
Gillenwater Clinton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,000
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 2015
Sold by
Stokley Claudette
Bought by
Stokley Claudette

Purchase Details

Closed on
Jan 23, 2015
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Stokley Claudette

Purchase Details

Closed on
Apr 14, 2014
Sold by
Jpmorgan Chase Bank National Association
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Apr 3, 2014
Sold by
Frankenfield Darcy and Case #502012Ca019551xxxxmb Darcy
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Mar 23, 2006
Sold by
Manning Blaine W and Manning Nicloe C
Bought by
Frankenfield Darcy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
6.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 10, 2003
Sold by
Guyder John E and Guyder Dawn Marie
Bought by
Manning Blaine W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,525
Interest Rate
5.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 23, 1998
Sold by
Guyder Teresa I
Bought by
Guyder John E
Source: Public Records

Range of Values:

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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
Valencia Diana $545,000 None Listed On Document
Spencer Joel -- None Listed On Document
Spencer Joel -- None Listed On Document
Spencer Joel $315,000 First American Title Insuran
Gillenwater Clinton -- First International Title
Stokley Claudette -- Attorney
Stokley Claudette $190,000 Attorney
Federal Home Loan Mortgage Corporation -- None Available
Jpmorgan Chase Bank National Association $136,900 Attorney
Frankenfield Darcy $355,000 Premier Title Partners Of Th
Manning Blaine W $167,500 Fidelity Natl Title Ins Co O
Guyder John E $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valencia Diana $517,750
Previous Owner Spencer Joel $299,250
Previous Owner Gillenwater Clinton $178,000
Previous Owner Frankenfield Darcy $284,000
Previous Owner Manning Blaine W $172,525
Previous Owner Guyder John E $27,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/01/2024 01/01/24 Rented $4,000 +37.9% --
10/31/2023 10/31/23 Price Changed $2,900 -27.5% $2 / Sq Ft
10/31/2023 10/31/23 Price Changed $4,000 -4.8% $3 / Sq Ft
10/23/2023 10/23/23 Price Changed $4,200 -6.7% $3 / Sq Ft
10/08/2023 10/08/23 Price Changed $4,500 -10.0% $3 / Sq Ft
10/04/2023 10/04/23 For Rent $5,000 -- --
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 $6,463 $364,524 -- --
2023 $4,301 $271,028 $0 $0
2022 $4,259 $263,134 $0 $0
2021 $4,213 $255,470 $0 $0
2020 $4,178 $251,943 $100,000 $151,943
2019 $4,349 $258,831 $92,000 $166,831
2018 $3,107 $195,941 $0 $0
2017 $3,055 $191,911 $0 $0
2016 $3,056 $187,964 $0 $0
2015 $3,449 $164,202 $0 $0
2014 $1,930 $121,376 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10924975

BeachesMLS

APN: 00-42-43-27-05-032-2280