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$37,500,000
· $4,962/sqft · Est. $225,773/mo
6 bd · 7 ba + 2 half · 7,557 sqft · 0.46 acres (20,015 sqft) · 390 days on market · MLS# R11133517
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Listing details for 124 Cocoanut Row, Palm Beach, FL 33480: A 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.
Bedrooms
6
Bathrooms
7 full · 2 half
Square Feet
7,557
Year Built
2026
Lot
0.46 acres (20,015 sqft)
Garage
2 spaces
HOA
No
Taxes (2025)
$209,542
MLS# R11133517 · Source: MIAMI + RWorld · Updated Nov 11, 2026
Primavera Estates (lake Front) is a neighborhood in Palm Beach. Census median home value is $1,982,614.
Estimated monthly
30-yr fixed
$225,773
/mo
$37,500,000 · 20% down · 7.04%
Principal & interest
$200,498
Property taxes
$17,462
Home insurance
$7,813
Home price
$37,500,000
Down payment
$7,500,000 · 20%
Interest rate
7.04%
Estimates only. Actual costs vary by lender, credit score, and market conditions.
124 Cocoanut Row, Palm Beach, FL 33480 is currently listed at $37,500,000. That works out to approximately $4,962 per square foot.
This property features 6 bedrooms, 7 full and 2 half bathrooms, 7,557 sq ft of living space.
The most recent tax bill for 124 Cocoanut Row, Palm Beach, FL 33480 is $209,542/yr (~$17,462/mo). Florida primary residents may qualify for a homestead exemption that reduces this amount.
Based on current MLS data, no HOA fee is listed for this property. We recommend confirming with the seller's disclosure or your agent, as some communities charge fees not reflected in MLS.
124 Cocoanut Row, Palm Beach, FL 33480 is located in Palm Beach, FL 33480. School assignments are set by the county school board and can change. Verify with the county school district before enrolling.
At $37,500,000, this home is listed 1791% above the Primavera Estates (lake Front) census median home value of $1,982,614. Actual sale price is set by negotiation.
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Listed By: Premier Estate Properties Inc. · 561.655.5506

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc.
Listing information is provided in part by the MIAMI + RWorld Internet Data Exchange program. IDX 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. Data is deemed reliable but is not guaranteed accurate by the MLS. Data last updated Nov 12, 2026 3:23 PM. Equal Housing Opportunity.
To report inaccurate listing data, email andy@mandelteam.com or call (954) 610-0563. Inaccurate information is corrected within two business days, and within 48 hours for registered users.
Concrete, Tile
Impact Glass, Partial Permanent Generator
2026
| Date | Event | Price | Change | $/Sq Ft | Source |
|---|---|---|---|---|---|
| Oct 18, 2025 | Listed for Sale | $37,500,000 | — | $4,962 | MIAMI + RWorld |
Single-family homes in ZIP 33480
Compare Against
Buyer's market or seller's market?
Listed at $37,500,000 vs. the $12,800,000 median in ZIP 33480, at $4,962/sqft vs. $3,248/sqft, and on the market 390 days vs. a median of 88.
Strong buyer's market · 11.9 months of supply
79
Homes For Sale Now
101
Sold In Last 12 Months
6
Cut Price In Last 30 Days
90.9%
Median Sold Vs. Asking
What this means for you: Buyers hold the leverage. A deep supply means you can take your time and negotiate well below the median price per square foot.
Price per sqft vs. recent sales
Listed 39% above the median sold price per sqft for similar homes here.
Similar single-family homes sold in the last 6 months · 10 salesMedian Sold Price
$12,800,000
+6.7% vs. last year
Median Sold $/Sq Ft
$3,248
+11.8% vs. last year
Sold Vs. Asking
90.9%
87.9% of original list price
Median Days to Sell
88
Was 106 a year ago
Median sold price per sqft
3-month rolling · $3,065 to $3,328
In ZIP 33480. This list stays on the tightest city market with at least 3 sales.
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