by Global Lifestyle Properties

Check Availability
Boca Raton 33432
1148 Cocoanut Road
$12,500,000
● House - For Sale

1148 Cocoanut Road

Boca Raton, FL 33432
bedrooms
5 Beds
bathrooms
6 Baths, 1 Half Bath
square feet
9,678 Ft²
$61,977
Est. Monthly
0.77%
Cap Rate

About This Property

Located in the exclusive Spanish River Land community of East Boca Raton, 1148 Cocoanut Road redefines luxury living with a blend of architectural brilliance, modern sophistication, and seamless indoor-outdoor harmony. Perfectly situated between the Intracoastal Waterway and just two blocks from the Atlantic Ocean, this estate offers unparalleled privacy, tranquility, and access to Boca Raton's premier coastal lifestyle. Spanning 16,117 square feet of lush grounds and 9,675 square feet of air-conditioned living space, this estate is a modern tropical oasis. A gated privacy wall leads to an impeccably designed entry courtyard, flanked by dual two-car garages and tranquil reflection pools. Dual sheer descent water walls frame the front entrance, setting the stage for the breathtaking design inside. The 23-foot glass walls in the foyer offer a picturesque view of the rear courtyard, anchored by an ancient olive tree. The open-concept design emphasizes effortless flow and a connection with nature. The layout wraps around the central courtyard, flooding the interior with natural light through floor-to-ceiling windows. The formal living room, with soaring ceilings, opens seamlessly to expansive entertaining spaces, including a two-story club room with a bar and wine room. At the heart of the residence is a chef's kitchen, both a showpiece and highly functional. Dual islands, paneled natural gas appliances, and premium brands such as SubZero, Wolf, and Cove are complemented by a separate full prep kitchen with matching appliances, offering convenience for everything from gourmet dinners to kosher meal preparation. Private accommodations include five luxurious bedrooms, each with an en-suite bath, designed for ultimate comfort and privacy. The primary suite is a sanctuary, featuring a formal sitting area, morning bar, and private balcony with serene views. The spa-inspired bath includes double showers, a soaking tub, a steam room, and a sauna, creating a true retreat. Step outside into the meticulously designed backyard oasis, ideal for relaxation and entertainment. A 43-foot pool with an integrated spa, fire pit, outdoor kitchen, and expansive covered living spaces invite you to embrace South Florida's idyllic climate year- round. No detail has been overlooked in the construction and design. From large-format porcelain flooring in common areas to white oak hardwood upstairs and in private suites, every finish exudes sophistication. State-of-the-art climate control, custom cabinetry, and designer lighting elevate the living experience. Set for completion in Q4 2026, this exceptional property exemplifies Empire Development's commitment to craftsmanship, innovation, and timeless elegance. A rare opportunity to own a legacy residence in Spanish River Land, 1148 Cocoanut Road is not just a home it is a masterpiece that harmonizes modern luxury with tropical serenity.  DISCLAIMER: Builder and/or Seller reserve the right to make changes and/or modifications to plans, specifications, features, colors and prices. All plans, renderings, and videos shown are artists' conceptions. The information herein is believed to accurate but not guaranteed and may be subject to errors, omissions and changes without notice. All measurements, dimensions, room sizes and lot sizes are approximate. 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.
Unit Size
9,678 Ft²
Days on Market
610 days
Land Size
0.37 acres
Price per sqft
$1,292
Property Type
House
Property Taxes
$600
HOA Dues
-
Year Built
1967

Listed By

Payment Calculator

Cap Rate Calculator

Last updated: 4 months ago (Beaches MLS #R11056127)

Price History

Date / Event Date Event Price
Jan 27, 2025 Listed by Douglas Elliman $12,500,000
Listed by Douglas Elliman

Property Highlights

Elevator
Garage
Air Conditioning
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Circular Driveway, Driveway, Garage, Garage Door Opener
Garage Spaces: 4
Interior Details
Half Bathrooms: 1
Full Bathrooms: 6
Interior Features: Wet Bar, Built-in Features, Entrance Foyer, Eat-in Kitchen, Elevator, High Ceilings, Kitchen Island, Pantry, Soaking Tub, Bar, Walk-In Closet(s), Bathtub, DiningArea, SeparateFormalDiningRoom, DualSinks, SeparateShower
Appliances: Dryer, Dishwasher, Free-Standing Freezer, Disposal, Gas Range, Gas Water Heater, Microwave, Oven, Refrigerator, Water Heater, Washer
Flooring Type: Ceramic Tile, Wood
Laundry Features: Inside, LaundryTub
Rooms: 11
Exterior Details
Square Footage: 9678
Security Features: Security System Owned, Security System, Closed Circuit Camera(s), Gated Community, MotionDetectors
Property Condition: To Be Built
Architectural Style: Colonial
Year Built: 2026
Waterfront Features: None
Builder Model: Empire Cocoanut 2
Building Area Total: 10748
Levels: Multi/Split, Two
Construction Materials: Block, Concrete
Patio and Porch Features: Covered, Patio, Open, Balcony
Pool Features: Heated, In Ground, Salt Water, OutsideBathAccess
Pool is Private
Lot Features: Many Trees, QuarterToHalfAcreLot, SprinklersAutomatic
Lot Size Area: 16117.2
Lot Size Units: Square Feet
Lot Size Acres: 0.37
Lot Size Square Feet: 16117.2
Water Source: Public
Financial Details
Tax Annual Amount: $7,194
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 6
  • Roof Shape Type: 6
  • Roof Cover Type: 18
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 546
  • Parking Space Count: 2
  • Patio Type: 14
  • Porch Type: 7
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 16,017
  • Lot Size Depth Feet: 1,600
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,826
  • Gross Building Area: 2,826
  • Building Area: 2,088
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,088
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SPANISH RIVER LAND CO SUB
  • Land Acres: 0000000368
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: SPANISH RIVER LAND CO SUB UNIT 1 S 100 FT OF LT 7 BLK 7

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 007420

Zoning

  • Zoning: R-1-A

Geography

  • Assessors Map Reference: 424
  • Parcel: 06-43-47-29-05-007-0072
  • Block: 7
  • Lot: 7
  • Meridian: SEC 29 TWN 47S RNG 43E
  • Municipality: BOCA RATON
  • Latitude: 26.3356
  • Longitude: -80.076

    Address

  • Full Address: 1148 Cocoanut Rd
  • Legal Unit: 1
  • Address - House Number: 1148
  • Address - Street Name: Cocoanut
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Boca Raton
  • Carrier Code: C018
  • 4-Digit Zip Code: 7633
  • Zip Code: 33432

Valuation

    Tax

  • Total Area: 2,380
  • Tax Year: 2023
  • Tax Amount: $702,843
  • Tax Rate Code Area: 6154

    Appraisal Valuation

  • Standard Deviation: 0.1816
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 2,610,396
  • High Value: 3,084,690
  • Low Value: 2,136,103

    Market Valuation

  • Market Total Value: $2,239,783
  • Market Land Value: $2,129,354
  • Market Improvement Value: $110,429

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $430,188

    Exemptions

  • Homeowner Exemption: Yes
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Boca Raton


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 998 Sw 7th Street, Boca Raton, FL, 33486

$9,000 /mo

  • 3 Beds
  • 3 Baths
  • 1,853 ft²
998 Sw 7th Street, Boca Raton, FL, 33486 Listing by James Hackman
Unit for rent at 1035 Nw 5th Avenue, Boca Raton, FL, 33432

$9,500 /mo

  • 4 Beds
  • 2 Baths
  • 2,100 ft²
1035 Nw 5th Avenue, Boca Raton, FL, 33432 Listing by Michele Vairo
Unit for rent at 99 Se Mizner Boulevard, Boca Raton, FL, 33432

$8,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,816 ft²
99 Se Mizner Boulevard #36, Boca Raton, FL, 33432 Listing by Louis Chistopher Corsa


Frequently Asked Questions

When was property at 1148 Cocoanut Road built and last sold?
The property at 1148 Cocoanut Road was built in 1967 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1148 Cocoanut Road is $12,625,000.
What are some comparable homes to 1148 Cocoanut Road?
There are currently no comparable homes to 1148 Cocoanut Road.