NOT LISTED FOR SALE

44 Cocoanut Row, Unit 506 B Floor 5 Palm Beach, FL 33480

Estimated Value: $1,610,000 - $1,870,000

1 Bed
1 Bath
900 Sq Ft
$1,898/Sq Ft Est. Value

Last Sold May 02, 2025

Last sale price $1,725,000 $1,917 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $12,410/month

10 Days on Market

Highlights

  • Doorman
  • Property fronts an intracoastal waterway
  • Security Guard
  • Palm Beach Public School Rated A-
  • Gas Heated Pool
  • Central Heating and Cooling System

About This Home

As of May 2025

Gorgeous sunny bright apartment with partial views of the Breakers! Updated kitchen and bath. Nothing to do but enjoy the view. Fabulous new restaurant and salon in the building. Walk right next door to The Royal to shop and dine!

Last Agent to Sell the Property

Kim Raich

Sotheby's International Realty, Inc. License #0536911 Listed on: 03/17/2025

Sotheby's International Realty, Inc.

Co-Listed By

AMY DAVIDSON

Sotheby's International Realty, Inc. License #SL3571082

Last Buyer's Agent

NON MEMBER

NON MEMBER FIRM

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $16,836

Year Built

  • Built in 1956

Lot Details

  • Southeast Facing Home

HOA Fees

  • $1,674 Monthly HOA Fees

Parking

  • Open Parking

Interior Spaces

  • 900 Sq Ft Home
  • Window Treatments
  • Dining Area
  • Wall to Wall Carpet

Kitchen

  • Electric Range
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Eco-Friendly Details

  • Non-Toxic Pest Control

Pool

  • Gas Heated Pool
  • Outdoor Pool

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434322180015060

Community Details

Overview

  • Association fees include insurance, cable TV, common area, maintenance exterior, trash, pest control, sewer, water
  • 277 Units
  • Pb Towers Community
  • On-Site Maintenance
  • 6-Story Property

Amenities

  • Doorman
  • Common Area

Security

  • Security Guard
  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$16,836

Year Built

Built in 1956

Lot Details

0

HOA Fees

$1,674 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Building Name: PB Towers
  • Year Built: 1956
  • Location Tax Legal:Name of Building: PB Towers
  • Location Tax Legal:Zoned: R-D(2) - Heavy Density Residential
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 16836.0
  • Location Tax Legal:Tax Year2: 2023
  • General Property Description:Living Area: 900.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 1673.68
  • General Property Description:Per: Month
  • General Property Description:_pound_ Units in Complex: 277
  • General Property Description:_pound_ Floors: 6.0
  • Exposure of Unit:East2: Yes
  • Exposure of Unit:South2: Yes
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Laundry:Laundry in Unit: Yes
  • Security:Door Person: Yes
  • Services Included:Full Time Manager: Yes
  • Maintenance Includes:Common Area: Yes
  • Maintenance Includes:Exterior Bldg: Yes
  • Maintenance Includes:Garbage Pickup: Yes
  • Maintenance Includes:Pest Control: Yes
  • Maintenance Includes:Sewer2: Yes
  • Maintenance Includes:Water2: Yes
  • Pool:Heated - Gas: Yes
  • Floors:WW Carpeting: Yes
  • Security:Security Guards: Yes
  • Maintenance Includes:Cable TV: Yes
  • Waterfront-Building:Intracoastal-Direct2: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Ice Maker, Washer, Dryer, Range - Electric
  • Total Bedrooms: 1
  • Flooring: W/W Carpeting
  • Interior Amenities: Wndw Trmnts Included
  • Living Area: 900.0
  • Stories: 6
  • Interior Features:Wndw Trmnts Included: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Ice Maker: Yes
  • Appliances:Range - Electric: Yes
  • Other Rooms:Dining Area: Yes

Exterior Features

  • Pool Features: Pool, Fresh Water, Heated Gas
  • Pool Private: Yes

Garage/Parking

  • Parking:Open Parking: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • Security: Security Guards, Door Person
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Full Time Manager
  • Association: Yes

Association/Amenities

  • Restrictions:Co-Op Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Cable TV, Common Area, Maintenance Exterior, Trash, Pest Control, Sewer, Water

Lot Info

  • Development Status: Land Owned
  • Parcel #: 50434322180015060
  • Zoning: R-D(2) - Heavy Density Residential

Multi Family

  • Number Of Units Total: 277
  • Maintenance Expense: 1673.68

Tax Info

  • Tax Annual Amount: 16836.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 17, 2025
Sold by
Heyman William H and Dietze Katherine E
Bought by
Katherine E Dietze Trust and Dietze
Current Estimated Value
$1,707,926

Purchase Details

Listed on
Mar 17, 2025
Closed on
May 1, 2025
Sold by
Davidson Amy and Davidson Arthur J
Bought by
Heyman William H and Dietze Katherine E
Seller's Agent
Kim Raich
Sotheby's International Realty, Inc.
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$1,775,000
Sold Price
$1,725,000
Premium/Discount to List
-$50,000
-2.82%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.57%

Purchase Details

Listed on
Oct 5, 2021
Closed on
Nov 22, 2021
Sold by
Beimler Susan and Beimler Susan J
Bought by
Davidson Amy
Seller's Agent
Cappy Abraham
Palm Beach Residential Properties LLC
Buyer's Agent
Cappy Abraham
Palm Beach Residential Properties LLC
List Price
$1,200,000
Sold Price
$1,100,000
Premium/Discount to List
-$100,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.06%

Purchase Details

Closed on
Aug 27, 2021
Sold by
Wilson Steven
Bought by
Beimler Susan

Purchase Details

Closed on
Aug 17, 2009
Sold by
Hassenfeld Rita D
Bought by
Wilson Steven

Purchase Details

Closed on
Oct 17, 2003
Sold by
Hassenfeld Rita D
Bought by
Hassenfeld Rita D and Rita D Hassenfeld Revocable Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Katherine E Dietze Trust -- None Listed On Document
Heyman William H $1,725,000 None Listed On Document
Davidson Amy $1,100,000 Trilogy Title Services Inc
Beimler Susan $725,000 Attorney
Wilson Steven $287,500 Attorney
Hassenfeld Rita D -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/02/2025 05/02/25 Sold $1,725,000 -2.8% $1,917 / Sq Ft
03/27/2025 03/27/25 Pending -- -- --
03/17/2025 03/17/25 For Sale $1,775,000 +61.4% $1,972 / Sq Ft
11/29/2021 11/29/21 Sold $1,100,000 -8.3% $896 / Sq Ft View Prior Sale
10/30/2021 10/30/21 Pending -- -- --
10/05/2021 10/05/21 For Sale $1,200,000 -- $977 / Sq Ft
Source: Palm Beach Board of REALTORS®

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
2025 $21,137 $1,309,457 -- --
2024 $21,137 $1,190,415 -- --
2023 $16,836 $1,082,195 $0 $1,123,814
2022 $15,562 $983,814 $0 $0
2021 $6,363 $382,314 $0 $382,314
2020 $6,146 $382,314 $0 $382,314
2019 $5,894 $370,100 $0 $370,100
2018 $5,228 $340,100 $0 $340,100
2017 $5,089 $340,100 $0 $0
2016 $4,363 $225,610 $0 $0
2015 $3,771 $205,100 $0 $0
2014 $3,822 $205,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2025

    Kim Raich

    Sotheby's International Realty, Inc.

    (561) 547-2229

    16 Total Sales

    Kim Raich
    Section Image

  • A

    Seller Co-Listing Agent in 2025

    AMY DAVIDSON

    Sotheby's International Realty, Inc.

    (561) 659-3555

    1 Total Sale

    AMY DAVIDSON
    Section Image

  • N

    Buyer's Agent in 2025

    NON MEMBER

    NON MEMBER FIRM

  • Cappy Abraham

    Seller's Agent in 2021

    Cappy Abraham

    Palm Beach Residential Properties LLC

    (561) 827-5717

    41 Total Sales

    Cappy Abraham
    Section Image
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About This Building

Map

Source: Palm Beach Board of REALTORS®

MLS Number: 25-491

APN: 50-43-43-22-18-001-5060

Florida Palm Beach County Palm Beach 33480

44 Cocoanut Row Unit 506 B, Palm Beach, FL

Not Listed for Sale

Coop

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