1701 Cocoanut Road
About This Property
Newer circular driveway
Stone on the front of the home
Painted entire home outside
New garage hurricane door
All landscape front and back
Outdoor kitchen
Travertine stone on the backyard patio
Resurface pool and added tile, redid filter system and added valve for water
Covered outdoor columns
Changed all the windows of the house to hurricane proof, the additions the bedroom and the formal living room, family room and kitchen
Addition of a bedroom + bath+ walk in closet
1 almost new air conditioning unit and hot water heater
Addition of office
Impact windows and doors
Master bath remodeled, toilet, vanities, lights, fixtures
Powder room remodeled, toilet, vanity fixtures
Guest bathroom remodeled, toilet, vanity, fixtures
Bedrooms wood floors
Master walk in closet
New Fence on the entire property
Kitchen entirely renovated 2 years ago
Added new linen closet
Added awning in patio
Front door is new hurricane proof
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Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 27, 2026 | Sold | ||
| Sold | |||
| Feb 16, 2026 | In contract | - | |
| In contract | |||
| Jan 14, 2026 | Price Decreased |
$3,695,000
↓ $200K
(5.1%) | |
| Price Decreased | |||
| Dec 2, 2025 | Listed by Serhant | $3,895,000 | |
| Listed by Serhant | |||
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Coastal Luxury Living at its Finest - Just Steps from the Beach Nestled in the prestigious Estate Section, 1701 Cocoanut Road offers the quintessential seaside retreat only 100 yards from private beach access. This exquisite one-story residence blends timeless elegance with modern luxury, featuring 4 spacious bedrooms, 4.5 baths, and a thoughtfully designed split-bedroom layout that maximizes privacy and comfort. The reimagined primary suite is a true sanctuary, boasting a custom walk-in closet with barn door entry, expansive cabinetry, and a luxurious en-suite bath complete with a full-length vanity wall, vessel tub, walk-in shower with bench seating, and a private water closet. At the heart of the home lies an entertainer's dream kitchen, showcasing a massive island with seating or 7/8, a premium gas cooktop, and a suite of ultra high-end appliances designed to delight any chef. The open-concept design seamlessly flows into the main living areas, where walls of sliding glass doors invite you into the lush, resort-style backyard.
Experience unparalleled outdoor living with two expansive covered patios, a full bar, and a custom outdoor kitchen ideal for hosting unforgettable gatherings. The heated, fully upgraded pool shines with a resurfaced interior, new components, lighting, spa jets, and thoughtfully added steps and benches, all set amidst professionally landscaped grounds illuminated by evening uplighting and dropdown phantom screens.
Spanning an impressive 1/3-acre lot (100 x 150), this home is built to the highest standards of structural integrity, featuring impact glass, replaced all wiring in house, new main AC unit and new HVAC ductwork, a durable flat tile roof, and the peace of mind provided by a whole-home 21kW Generac natural gas generator.
1701 Cocoanut Road is more than a home it's the coastal lifestyle you've always dreamed of.
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| Jan 6, 2025 | Listed | $3,999,999 | |
| Listed | |||
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Coastal Luxury Living at its Finest - Just Steps from the BeachNestled in the prestigious Estate Section, 1701 Cocoanut Road offers the quintessential seaside retreat only 100 yards from private beach access. This exquisite one-story residence blends timeless elegance with modern luxury, featuring 4 spacious bedrooms, 4.5 baths, and a thoughtfully designed split-bedroom layout that maximizes privacy and comfort.The reimagined primary suite is a true sanctuary, boasting a custom walk-in closet with barn door entry, expansive cabinetry, and a luxurious en-suite bath complete with a full-length vanity wall, vessel tub, walk-in shower with bench seating, and a private water closet. At the heart of the home lies an entertainer's dream kitchen, showcasing a massive island with seating
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About Boca Raton
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017