When was property at 1240 Cocoanut Road built and last sold?

The property at 1240 Cocoanut Road was built in 1935 and last sold on Nov 14, 2017 for $2,000,000.

How much is this home worth?

The estimated value of the home located at 1240 Cocoanut Road is $0.

What are some comparable homes to 1240 Cocoanut Road?

There are currently no comparable homes to 1240 Cocoanut Road.

Boca Raton

33432

1240 Cocoanut Road

$2,000,000

● House - Off Market

1240 Cocoanut Road

Boca Raton, FL 33432

4 Beds

4 Baths, 2 Half Baths

3,578 Ft²

$3,799,105

RealtyHop Estimate

58.63%

Since Dec 1, 2017

National-US

Primary Model

About This Property

Rarely available historic Colonial Revival estate home nestled between the beach and intracoastal in The Estates Section of Boca Raton. Designed by renowned Palm Beach architect Maurice Fatio, the house was originally built in 1936 as a villa for the Boca Raton Hotel. Meticulously restored and maintained by the current owners of 39 years, the house retains the integrity of its original design. Examples of this authenticity are represented with finishes such as oak hardwood floors, cypress woodwork and paneling as well as the 3 fireplaces in their original yet elegant condition. Located on 3/4 of an acre surrounded by tropical landscaping, this home is ideal for entertaining and allows for future expansion. A historically significant property in one of the area's premium locations, truly one of Boca Raton's unique homes. Although nominated to be listed on the National Register, this is an honor and in no way effects future changes by an owner.

Unit Size

3,578 Ft²

Days on Market

401 days

Land Size

0.73 acres

Price per sqft

$669

Property Type

House

Property Taxes

$844

HOA Dues

Year Built

1935

Payment Calculator

Cap Rate Calculator

Last updated: 5 months ago (Beaches MLS #R10273404)

Price History

Date / Event	Date	Event
Nov 16, 2017	Sold	Premium
Sold
Oct 9, 2016	Listed by Douglas Elliman	$2,395,000
Listed by Douglas Elliman
Mar 21, 2014	Sold	Premium
Sold

Property Highlights

Garage

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 1935

Effective Year Built: 2012
Building Count: 2
Bedroom Count: 7
Bathroom Count: 9
Full Bathrooms: 8
Partial Bathrooms: 9
Building Condition: 1
Building Quality: 7
Construction Type: 12
Building Style: 0
Exterior Walls Type: 2
Interior Walls Type: 6
Roof Shape Type: 7
Roof Cover Type: 4
Floor Count: 200
Living Units: 1
Floor Cover: 13
Basement Type: 0
Basement Area: 0
Garage Type: 1
Garage Square Area: 857
Parking Space Count: 2
Patio Type: 20
Porch Type: 4
Pool Type: 8

Dimensions

Lot Size Square Feet: 31,999

Lot Size Depth Feet: 1,600
Lot Size Frontage Feet: 2,000
Total Building Area: 7,501
Gross Building Area: 7,501
Building Area: 6,000
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 4
Heated Square Feet: 6,000
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: 0000000735
Standard Land Use Code: 1001
County Land Use Code: 0100
Legal Description 1: SPANISH RIVER LAND CO SUB UNIT 1 LT 10 BLK 10

Neighborhood

School District Name: Palm Beach County School District

Census Tract: 007420

Zoning

Zoning: R-1-A

Geography

Assessors Map Reference: 424

Parcel: 06-43-47-29-05-010-0100
Block: 10
Lot: 10
Meridian: SEC 29 TWN 47S RNG 43E
Municipality: BOCA RATON
Latitude: 26.3332
Longitude: -80.0766

Address

Full Address: 1240 Cocoanut Rd

Legal Unit: 1
Address - House Number: 1240
Address - Street Name: Cocoanut
Address - Suffix Type: Rd
State: FL
City Name: Boca Raton
Carrier Code: C018
4-Digit Zip Code: 7710
Zip Code: 33432

Valuation

Tax

Total Area: 6,438

Tax Year: 2023
Tax Amount: $6,745,209
Tax Rate Code Area: 6154

Appraisal Valuation

Standard Deviation: 0.1761

Valuation Date: Apr 03, 2024
Confidence Score: 77
Final Value: 6,526,753
High Value: 7,676,695
Low Value: 5,376,811

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

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Second Open Lien Mortgage Lender:

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Market Valuation

Market Total Value: $5,627,829

Market Land Value: $4,294,080
Market Improvement Value: $1,333,749

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $2,874,940

Sales

Current Sale Contract Date: Nov 14, 2017

Current Sale Recording Date: Nov 16, 2017
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 20170406444
Previous Sale Recording Date: Mar 21, 2014
Previous Sale Contract Date: Mar 13, 2014
Previous Sale Amount: $550,000
Previous Sale Document Type: 71

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

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First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
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First Mortgage Loan Due Date:

Premium

Previous Mortgages

Previous Mortgage Lender:

Premium

Previous Mortgage Transaction Date:

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Previous Mortgage Loan Amount:

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Previous Mortgage Term:

Premium
Previous Mortgage Loan Type:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Boca Raton

Stats & Trends

Median Asking:

$932,900

Sale Price/ft²

$503

Below Asking

0.02%

Average Days on Market

Average Home Size

2363 ft²

Average Home Age

38.9 years

Currently For Sale

1056 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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$9,995 /mo

1 Bed
1 Bath
1,171 ft²

901 E Camino Real #1C, Boca Raton, FL, 33432 Listing by Elliot S Koolik

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 6 Royal Palm Way, Boca Raton, FL, 33432

$2,200 /mo

1 Bed
1 Bath
795 ft²

6 Royal Palm Way #307, Boca Raton, FL, 33432 Listing by Karen M Baker PA

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Anders Gar Finnvold
Douglas Elliman
Last Updated: 5 months ago
Data Source: Beaches MLS, MLS# R10273404

All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.

1240 Cocoanut Road

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Boca Raton

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions