tomo logo

$2,799,000

Beds
2
Baths
2.0
sq ft
1,416

44 Cocoanut Row Unit 526B, Palm Beach, FL 33480

44 Cocoanut Row Unit 526B

Palm Beach, FL 33480

  • 58 days on market
    • Price drop $100,000↓
Elegant & Modern / Highly Upgraded - 2 Bedroom / 2 Bath in the Heart of Palm Beach! Steps to Royal Poinciana Plaza, PB Grill, Sant Ambroeus, New Theater, Tutto Mare and more! Salute, (Sister of ''Bice'') located in House! Lobby and common areas just renovated. Top of the line appliances, double ovens, spa, bath, Full Size Washer/Dryer, Impact windows, and hardwood floors! ''Victoria and Albert'' clawfoot soaking tub. Unit includes custom wood closets and carpentry, 5th floor Oversized windows provide bright & Beautiful Southern views over the Flagler Museum. 1 assigned parking space & ample guest parking. Full service building with significant reserves. Amenities include: Resort Style Pool, Gym, Tailor, Beauty Salon. All Utilities included in Dues! The Palm Beach Lifestyle at it's Best!

Details

Property type

Condominium

Est. home value

$3,206,353

Lot size

Unknown

Price per sq ft

$1,977

Year built

1956

Annual property taxes

$12,304

Monthly HOA fee

$1,949

Price History

03/30/2025
Beaches

Beaches #R11058686

Price change
$2,799,000
-3.45%
02/03/2025
Beaches

Beaches #R11058686

Listed
$2,899,000
01/31/2025
Beaches

Beaches #R11044200

Removed
$2,899,000

Schools & Community

Elementary school: 

Palm Beach Public

Middle school: 

Conniston Community

High school: 

Forest Hill

Community features: 

Pool

Number of units in community: 

277

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$2,024,222
Asking price
$2,799,000
Closing costs (~8% of asking)
-$223,920
Est. remaining loan balance
-$550,858
Cash to seller
$2,024,222

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

First Republic Bank

Loan start date

May 2021

Original loan amount

$600,000

Est. remaining balance

$550,858

Interest rate

3.13%

Loan type

New Conventional, 30 year

Seller

Pamela Michaels

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

Price drop
Beaches
$2,400,000
2 bd
|
2 ba
|
1,438 sq ft
|
Condo

250 Bradley Pl Unit 309, Palm Beach, FL 33480

Beaches
$2,850,000
2 bd
|
2 ba
|
1,287 sq ft
|
Condo

227 Australian Ave Unit 3E, Palm Beach, FL 33480

New
Beaches
$2,895,000
2 bd
|
2 ba
|
1,287 sq ft
|
Condo

227 Australian Ave Unit 4C, Palm Beach, FL 33480

Status: Active

Tomo last checked: 04/03/2025 at 4:00 AM

Listing updated: 03/31/2025 at 9:36 AM

Listed by: David R. Mundt, Signature Int'l Premier Properties Phone #: (561) 404-8850

MLS: Beaches #R11058686

Beaches logo

Recently listed in Palm Beach