44 Cocoanut Row 315a/316a, Palm Beach, FL 33480 — MLS photo

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44 Cocoanut Row 315a/316a, Palm Beach, FL 33480

Active · Condominium

$6,500,000

44 Cocoanut Row 315a/316a, Palm Beach, FL 33480

Beds
3
Baths
3
Living area
2,250 sq ft
$ / sq ft
$2,889/sq ft
Year built
1956
Lot size
—
HOA fee
$3,187 Monthly
Annual tax
$17,600

About this property

Direct Intracoastal Condominium in the heart of mid-town offers views from the minute the door opens. The sun-filled unit offers a split-floorplan with 2 ensuite guest rooms, laundry and utility room on the north while the private primary suite w/walk-in closet and bath are on the south end of the unit. Every room has a view! Numerous building amenities include a restaurant, gym, pool, beauty salon, putting green. Never get a utility bill: cable, water, electric are all included in the maintenance. The Royal shopping district, fabulous restaurant and a beautiful beach are all just steps away. 50% Mortgage Rule. Owner can only rent once every 3 years. 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. Copyright 2026 by the listing company. All Rights Reserved.

Property location

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44 Cocoanut Row 315a/316a, Palm Beach, FL 33480

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Facts & features

Interior

Bedrooms
3
Bathrooms
3
Living area
2,250 sq ft
Flooring
Marble, Other
Appliances
Dryer, Dishwasher, Electric Range, Freezer, Microwave, Refrigerator, Washer
Cooling
Central Air
Heating
Central
Interior features
Bedroom On Main Level, Main Level Primary, Split Bedrooms, Walk In Closets
Furnished
Unfurnished

Exterior & Structure

Property type
Condominium
Year built
1956
Stories
6
Lot size
0 sq ft
Construction
Block
Pool
None, Association, Community
Waterfront
Intracoastal Access
View
Intercoastal

Parking

Covered spaces
0
Parking features
Assigned

HOA, Community & Financials

Association fee
$3,187 Monthly
Fee inclusions
Association Management, Cable Tv, Sewer, Water
Amenities
Clubhouse, Fitness Center, Management, Pool, Elevators
Security
Door Man, Lobby Secured, Security System
Pets allowed
No
Annual tax
$17,600
Subdivision
PALM BEACH TOWERS COND
County
Palm Beach
Days on market
310
MLS listing ID
R11140686
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

-$19,526

Cap rate
2.1%
Net yield
2.1%
Cash-on-cash return
-12.9%
Gross yield
4.0%
Mortgage payment
$30,813/mo
Down payment
$1,625,000
Loan amount
$4,875,000
Annual NOI
$135,446

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