David AbernathyPalm Beach County market intelligence

Waterfront Homes / Palm Beach Gardens Area Wide-Water / Parcel map

Historical MLS sale · MLS R10859987

12428 Coconut Row, Palm Beach Gardens, FL 33410

Sold 12/05/23 for $5,225,000 · $1,065 per living sq ft

Source: BeachesMLS · MLS reporting cutoff 11/03/26

MLS #
R10859987
Status
Closed — historical sale
Sale date
12/05/23
Sold price
$5,225,000
Price per living sq ft
$1,065
Original asking price
$6,000,000
Final asking price
$5,500,000
Sold price as a share of final asking
95.0%
Listed
03/09/23
Under contract
09/25/23
Days from listing to contract
200 days
Property type
Single Family Residence
Bedrooms
5
Bathrooms
6.5
Living area
4,906 sq ft
Year built
1997
Zone and subdivision
Intracoastal Waterway North of PGA Blvd · Maheu Estates
Waterfront
No Fixed Bridge,Navigable Water,Intracoastal,No Fixed Bridges
Parcel ID
00434132040000012
Listing brokerage
Illustrated Properties LLC (Co
Listing brokerage email
virginia@ipre.com
Listing brokerage MLS ID
400100

How this sale compared

$1,065 per living sq ft · 200 days to contract · sold for $5,225,000

How this sale compared with several groups of Palm Beach Gardens Area Wide-Water sales during the two years before it closed (12/05/21 to 12/05/23). Each row looks at one characteristic; these are not adjusted comparable valuations.

Below the median price per square foot in both groups shown, and under contract more slowly than both groups shown.

These comparisons don't explain why; condition, improvements and other differences need a closer look.

Compared withMedian price per sq ftMedian days to contractSale-price rank
Whole communityPalm Beach Gardens Area Wide-Water10 other sales · 164 properties$1,198based on 10 other sales14 daysbased on 9 other sales8th highest of 11
Waterfront zoneIntracoastal Waterway North of PGA Blvd6 other sales · 101 properties$1,217based on 6 other sales14 daysbased on 5 other sales6th highest of 7
StreetCoconut Row0 other sales · 5 propertiesNo other sales–Only sale

Groups follow the county property appraiser's records. Each median leaves out this sale and appears once the other sales reach 1% of the group's properties. A comparison describes the market at the time; it is not a valuation. Palm Beach Gardens Area Wide-Water market report · How these are compared

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Other sales of this property

Sale dateSold priceMLS #
11/03/04$2,875,000R2367213

These details describe this listing at the time of sale. Features, condition, ownership and subdivision labels may have changed since. This is a recorded closed MLS sale for this parcel in the saved dataset, which may not include every transaction.