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+10 photos124 Cocoanut Row — 124 Cocoanut Row · Primavera Estates (lake Front) · Palm Beach
















South Florida Luxury Living
Property Magazine
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A magazine dedicated to 124 Cocoanut Row, Palm Beach, FL 33480
A photo-rich, always-current edition with the home’s details, neighborhood lifestyle, assigned and nearby schools, ownership planning, and applicable waterfront guidance.
Open property magazine$37,500,000
124 Cocoanut Row, Palm Beach, FL 33480
Palm Beach, FL, 33480
Listed by Premier Estate Properties Inc.
124 Cocoanut Row, Palm Beach, FL 33480
Listed by Premier Estate Properties Inc.
Add this home to your tour day
Pick up to 6 homes. Simon confirms times with each listing agent, then sends you the final schedule.
0 of 6 homes in your tour
Know your costs before you buy
Work through three numbers: your estimated monthly payment, the cash needed at closing, and insurance & flood.
Estimated Monthly Payment
20% down · 6.75% interest · 30-year loan
Principal, interest, taxes and insurance. Property Tax (after sale). Estimated; not a lender quote.
- Principal & interest
- $194,579/mo
- Property tax (after sale) est.
- $25,658/mo
- Homeowners insurance est.
- $987/mo
- HOA
- $0/mo
Estimate only, not guaranteed. Verify before you buy or sell.
Cash to close
124 Cocoanut Row, Palm Beach, FL 33480
Estimated cash to close est.
$7,734,601.00
Down payment plus Florida taxes, title, lender and prepaid costs.
Partial estimate: unknown amounts are excluded. Ask Simon to verify them.
Estimate only. Your lender's Loan Estimate and the title company's closing disclosure are the final numbers. Not financial advice.
Estimate only, not guaranteed. Verify before you buy or sell.
Loan amount (calculated): $30,000,000.00
Current site planning rate. Rate does not change the taxes or fees below. Prepaid interest is not included.
Edit closing costs & prepaids
Assumes both policies cover identical land and dates, with loan coverage within owner coverage—even if the seller pays owner title. Minimum lender premium $25. Turn off if not eligible. Endorsement allowance defaults to one $25 endorsement; actual requirements and premiums vary (Florida 69O-186.005).
Appraisal starts at $650. Waterfront and luxury homes may require a higher fee; confirm with your lender.
Tax uses existing ZIP estimates (after sale); insurance uses existing site estimates. Edit with your quote. If HOA insurance is included, confirm separate unit-owner coverage. Missing HOA costs are excluded—not assumed zero.
Estimated cash to close est.
$7,734,601.00
- Down payment est.
- $7,500,000.00
- Mortgage note documentary stamps est.
- $105,000.00
- Mortgage intangible tax est.
- $60,000.00
- Lender’s title insurance est.
- $25.00
- Lender title endorsements est.
- $25.00
- Lender fees est.
- $1,500.00
- Appraisal est.
- $650.00
- Title search & examination est.
- $125.00
- Municipal lien search est.
- $150.00
- Settlement / closing fee est.
- $450.00
- County recording (deed) est.
- $30.00
- County recording (mortgage) est.
- $120.00
- Inspection, wind mitigation & 4-point est.
- $900.00
- Survey est.
- $500.00
- Property tax escrow (2 months, after sale) est.
- $51,315.00
- Insurance escrow (2 months) est.
- $1,973.00
- First-year insurance premium est.
- $11,838.00
- HOA / condo contribution or transfer est.
- Not provided
Partial estimate: unknown amounts are excluded. Ask Simon to verify them.
Mortgage stamps: $0.35 per $100 or fraction. Intangible tax: 0.2% of loan. Title uses Florida 69O-186.003 base rates. Assumes 2 months of tax/insurance escrow for financed purchases plus first-year insurance; cash purchases have no lender escrow.
Before deposits and credits. Prepaid interest and other contract costs are not included. Discounts and title endorsements must be confirmed by the title company. Title search, municipal lien search, settlement and recording are pass-through title company charges for cash and financed buyers alike; the municipal lien search is priced by each city and can run higher (e.g. Boca Raton $150, Coral Gables $220).
Estimate only. Your lender's Loan Estimate and the title company's closing disclosure are the final numbers. Not financial advice.
Estimate only, not guaranteed. Verify before you buy or sell.
Insurance & flood
- Flood zone (FEMA)
- Not available —
- Homeowners insurance est.
- $987 / month
Source: FEMA National Flood Hazard Layer · Date checked: Oct 23, 2026
Insurance estimates vary widely. Get a real quote before you make an offer.
Estimate only, not guaranteed. Verify before you buy or sell.
Flood zone: Not available —
Source: FEMA National Flood Hazard Layer · Date checked: Oct 23, 2026
- Roof type
- Concrete
- Roof year
- 2026 (assumed from year built)
- Impact windows / doors
- Impact Glass (Complete)
- Shutters
- Not provided —
- Window features
- Impact Glass (Complete)
- Year built
- 2026
Homeowners insurance: $987 / month est.
- Annual premium est.
- $11,533
- Fees & taxes est.
- $305
- Annual total est.
- $11,838
- Likely range est.
- $10,063–$14,206
- Dwelling coverage est.
- $2,692,181
- Other structures est.
- $53,844
- Personal property est.
- $538,436
- Loss of use est.
- $269,218
- Hurricane deductible (2%) est.
- $53,844
Based on the listing: 7,557 sq ft · built 2026 · 2 stories · roof from 2026 · impact windows / shutters · luxury finish level.
Dwelling coverage uses living area × county rebuilding cost. Selling price and land value are not included. The monthly estimate includes fees and applicable taxes.
Broward inland rates were calibrated against two supplied policies; other county and coastal rates have not yet been calibrated against real quotes.
Assumed where the listing is silent: concrete-block construction · inland rating band · gable roof · 2% hurricane deductible · admitted carrier; no surplus-lines tax. A newer roof, a hip roof shape, or a higher deductible can lower the premium; frame construction can raise it.
Educational estimate only, not an insurance quote. Actual premiums depend on the carrier, inspections, discounts, and underwriting. Flood insurance not included. Simon Gedz is a Realtor, not a licensed insurance agent.
The FEMA map is a strong indication, not the final answer: your lender orders its own flood zone determination. Cash buyers are not required to carry flood insurance, but on the water it is strongly recommended.
Florida rule: by 2027, Citizens policyholders must carry flood insurance even outside a flood zone, unless the Citizens policy excludes wind coverage. The FEMA map does not show this.
How flood insurance is priced (FEMA Risk Rating 2.0)
Flood insurance is priced home by home, so two neighbors on the same canal can pay very different amounts. Premiums depend on the home's elevation (first-floor height above the expected flood level), distance to water (ocean, Intracoastal, canal or river), the type of flood risk (storm surge, heavy rain or river overflow), the cost to rebuild, the foundation and construction type, and past flood claims on the property.
Federal flood insurance (NFIP) pays at most $250,000 for the building and $100,000 for contents. A luxury waterfront home needs private flood insurance or an "excess flood" policy on top.
Before an offer: pull the official FEMA flood map (FIRMette), ask the seller for an elevation certificate (it largely decides the price), ask whether the seller's existing NFIP policy can be transferred to you (sometimes at a lower rate), and have an insurance agent check prior flood claims (CLUE report). New NFIP policies usually have a 30-day wait before they take effect — don't leave it until the week of closing.
Insurance estimates vary widely. Get a real quote before you make an offer.
Estimate only, not guaranteed. Verify before you buy or sell.
About This Property
Find similar homesA 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.
Why we flagged this one
A transparent review of current MLS facts—not a paid placement.
371 days on market
Longer time on market usually means the seller is more open to negotiating on price and terms.
Price reductions and days on market come from this listing's MLS record. This is an initial market signal, not a formal appraisal or full comparable market analysis.
Property Details

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124 Cocoanut Row, Palm Beach, FL 33480 · Palm Beach
Location
124 Cocoanut Row, Palm Beach, FL 33480
What buyers ask about this home
What are the estimated monthly carrying costs at 124 Cocoanut Row, Palm Beach, FL 33480?+
Property tax (after sale): $25,658/month est.; homeowners insurance: $987/month est.; HOA: $0/month. Fixed ownership costs before a mortgage: $26,644/month est. Principal and interest: $194,579/month; PMI: $0/month. Total for the payment scenario shown: $221,223/month est. Flood insurance is not included. Estimate only, not guaranteed. Verify before you buy or sell.
Will property taxes go up after I buy 124 Cocoanut Row, Palm Beach, FL 33480?+
Usually yes. In Florida the assessed value resets to market value in the year after a sale, so the seller's current tax bill is rarely what a new owner pays. Budget roughly 1.8–2.0% of the purchase price annually until you file for homestead exemption and the Save Our Homes cap (or the 10% non-homestead cap) starts limiting increases.
Does 124 Cocoanut Row, Palm Beach, FL 33480 need flood insurance, and what drives the premium?+
Most of Palm Beach sits in a FEMA flood zone, and lenders require flood coverage in high-risk zones. Premiums are driven by elevation certificate, flood zone, roof age and shape, and whether the home has impact windows or accordion shutters. Ask for the current declarations page, the four-point inspection and wind mitigation report early — they set your real cost of ownership.
What should an inspection focus on for a home like 124 Cocoanut Row, Palm Beach, FL 33480?+
In coastal South Florida, prioritize roof age and permit history, whether windows and doors are impact-rated, the seawall and dock condition on waterfront lots, drainage and elevation, plumbing type, and any open or expired permits with the city. These items, not cosmetics, drive both price and insurability.
Is there room to negotiate on 124 Cocoanut Row, Palm Beach, FL 33480?+
This listing has been on the market 371 days. Leverage comes from days on market, price history, comparable closed sales and the seller's motivation — not from a fixed percentage. I pull the full history and the true comps before we write, so the offer is built on what the property is actually worth today. Call or text (954) 562-1798 for that analysis.
Neighborhood & Commute
Palm Beach. Historic island address — Worth Avenue, oceanfront estates, and the Breakers, with private clubs throughout.
Approximate Drive Times
Drive times are estimates based on straight-line distance at typical South Florida traffic speeds. Actual times vary with traffic and routing.
Assigned schools for this address
Conniston Middle School
Middle school · 2.6 mi from this home · 3630 Parker Ave, West Palm Beach
Forest Hill Community High School
High school · 4.2 mi from this home · 6901 Parker Ave, West Palm Beach
Zone boundaries published by School District of Palm Beach County.
Other options for this address
School assignment is set by the district and can change. Always confirm the zoned school with the district before you buy.

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