124 Cocoanut Row, Palm Beach, FL 33480 — MLS photo

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124 Cocoanut Row, Palm Beach, FL 33480

Active · SingleFamilyResidence

$37,500,000

124 Cocoanut Row, Palm Beach, FL 33480

Beds
6
Baths
9
Living area
7,557 sq ft
$ / sq ft
$4,962/sq ft
Year built
2026
Lot size
20,015 sq ft
HOA fee
—
Annual tax
$209,542

About this property

A prestigious in-town opportunity on Palm Beach Island, this new construction estate is perfectly positioned on the corner of Barton Avenue and Cocoanut Row. The home is designed by New York's Workshop/APD, with the finest attention to architectural details, and is being built by Brennan Construction. Situated ideally on an elevated lot, this gated residence delivers exceptional privacy alongside a true resort lifestyle - all just steps from The Royal, The Breakers, the Lake Trail and the Atlantic Ocean. While the property is in the heart of Town, the landscape design and thoughtful exterior layout ensure the feeling of a calm oasis, especially within the large pool area and lawn. Offering 8,000 + total square feet of luxury living inclusive of six bedrooms, seven bathrooms and two powder rooms, the floor plan is ideal for both entertaining and everyday living, with seamless indoor-outdoor flow, exquisite craftsmanship, and high-end finishes throughout. Features like the full Lutron automation control system for lighting, motorized shades, solid mahogany Hartman doors and windows, and Wolf and Sub-Zero appliances in the chef's kitchen distinguish the compound. The main floor features a VIP guest suite, a cabana/guest wing overlooking the luscious landscape, and a private office. Upstairs, the home boasts a large primary suite with an oversized terrace overlooking the pool with dual baths and dressing rooms, all designed with timeless style. The second floor accommodates three well-designed ensuite bedrooms, a full morning bar, secondary laundry room, and ample storage. There is also a rare nearly 1k SF rooftop terrace, accessible from both the main and the second floors, which can be used for entertainment, lounging, dining, exercise, and spa space. With an anticipated completion in Q4 of 2026, this is a rare opportunity to secure a new, bespoke Palm Beach dream home in one of the island's most coveted locations. DISCLAIMER: Information published or otherwise provided by the listing company and its representatives including but not limited to prices, measurements, square footages, lot sizes, calculations, statistics, and videos are deemed reliable but are not guaranteed and are subject to errors, omissions or changes without notice. All such information should be independently verified by any prospective purchaser or seller. Parties should perform their own due diligence to verify such information prior to a sale or listing. Listing company expressly disclaims any warranty or representation regarding such information. Prices published are either list price, sold price, and/or last asking price. The listing company participates in the Multiple Listing Service and IDX. The properties published as listed and sold are not necessarily exclusive to listing company and may be listed or have sold with other members of the Multiple Listing Service. Transactions where listing company represented both buyers and sellers are calculated as two sales. "No payments made until title passes" Some affiliations may not be applicable to certain geographic areas. If your property is currently listed with another broker, please disregard any solicitation for services. Information published or otherwise provided by seller, listing company or its representatives is deemed reliable but are not guaranteed and subject to errors, omissions, or changes without notice. Buyer pays title insurance, Florida documentary stamps, and all other closing costs. Taxes are based on vacant land only and subject to change. Copyright 2026 by the listing company. All Rights Reserved.

Property location

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124 Cocoanut Row, Palm Beach, FL 33480

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Facts & features

Interior

Bedrooms
6
Bathrooms
9
Living area
7,557 sq ft
Flooring
Other
Appliances
Dryer, Dishwasher, Microwave, Refrigerator, Washer
Cooling
Central Air, Zoned
Heating
Central, Zoned
Interior features
Wet Bar, Entrance Foyer, Eat In Kitchen, Kitchen Island, Living Dining Room, Upper Level Primary, Bar, Walk In Closets, Pantry
Furnished
Unfurnished

Exterior & Structure

Property type
SingleFamilyResidence
Year built
2026
Stories
2
Lot size
20,015 sq ft
Roof
Concrete, Tile
Construction
Other
Exterior features
Balcony, Patio
Pool
None

Parking

Garage spaces
2
Covered spaces
2
Parking features
Attached, Garage, Two Or More Spaces

HOA, Community & Financials

Amenities
Cabana
Security
Fire Alarm, Lobby Secured, Smoke Detectors, Security System, Fire Sprinkler System, Intercom
Pets allowed
No
Annual tax
$209,542
Subdivision
PRIMAVERA ESTATES (LAKE FR
County
Palm Beach
Days on market
363
MLS listing ID
R11133517
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$112,051

Cap rate
2.1%
Net yield
2.1%
Cash-on-cash return
-12.8%
Gross yield
3.7%
Mortgage payment
$177,769/mo
Down payment
$9,375,000
Loan amount
$28,125,000
Annual NOI
$788,620

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.