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.
Single-familyProperty Type
2026Year Built
0.46 acresLot Size
$4,962Price/Sq.Ft.
2 car garageParking
Listed by Margit Brandt• Premier Estate Properties Inc.
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. 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.
Beaches MLS #R3306869
Sep 10, 2013
Sold
$3,300,000
$437/sq ft
Jun 21, 2013
Pending
—
May 29, 2013
Pending
—
Aug 31, 2012
Listed
$4,200,000
$556/sq ft
+3
BEST IN-TOWN VALUE AND LOCATION. APPROX. 7,000 TOTAL SQ.FT. '90'S MEDITERRANEAN ON 20,000 SQ.FT. LOT WITH HIGH ELEVATION. WELL MAINTAINED HOME WITH MASTER SUITE DOWN, HIGH CEILINGS AND WELL PROPORTIONED ROOMS, SPACIOUS POOL/ENT. AREA WITH CABANA.
Public Records
Jul 31, 2013
Sold
$3,300,000
$437/sq ft
Beaches MLS #R3238227
Apr 27, 2012
Listing Removed
—
Nov 8, 2011
Listed
$4,200,000
$556/sq ft
Beaches MLS #RX-3136793
Feb 25, 2011
Listing Removed
—
Sep 1, 2010
Listed
$4,999,500
$662/sq ft
Beaches MLS #RX-3045554
May 31, 2010
Listing Removed
—
Aug 26, 2009
Listed
$5,395,000
$714/sq ft
PBBOR #02-778
Feb 17, 2004
Sold
$4,000,000
$529/sq ft
Apr 10, 2002
Listed
$4,500,000
$595/sq ft
Public Records
Jun 9, 1997
Sold
$1,750,000
$232/sq ft
Public Records
Nov 27, 1991
Sold
$2,000,000
$265/sq ft
Public Records
Mar 27, 1989
Sold
$550,000
$73/sq ft
Public Records
Nov 16, 1988
Sold
$400,000
$53/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$209,542 (+51.9%)
$14,008,625
2024
$137,968 (+36.8%)
$9,194,125
2023
$100,831 (−33.8%)
$9,194,125
2022
$152,380 (+49.7%)
$6,485,600 + $3,302,886
$9,788,486
2021
$101,790 (+4.8%)
$4,400,000 + $1,785,247
$6,185,247
2020
$97,158 (+3.9%)
$4,320,000 + $1,484,902
$5,804,902
2019
$93,481 (+8.3%)
$4,320,000 + $1,484,902
$5,804,902
2018
$86,313 (+7.1%)
2017
$80,584 (+5.3%)
2016
$76,505 (+2.1%)
2015
$74,951 (−9.8%)
2014
$83,088 (+31.5%)
2013
$63,196 (+0.1%)
2012
$63,124 (+0.7%)
2011
$62,715
Public record
Public record
Zoning
Permits
Beds
—
Baths
—
Stories
—
Lot width
145 ft.
Lot depth
138 ft.
Lot size
0.46 Acres
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
—
Year built
—
Style
Vacant Land
County
Palm Beach County
APN
50434322030000011
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 6, 2026.
R-B
Low Density Residential District
The purpose of the R-B low density residential district is to provide for low density single-family residential use, as that term is defined in section 134-2, of moderately spacious character together with publicly operated recreational facilities and accessory uses as may be necessary or are normally compatible with residential surroundings. This district is located to protect and preserve existing development of this character and contains vacant land considered appropriate for such development in the future.
Permitted uses
Include but are not limited to:
Housing-Single unit
Fire house
Police station
Nov 21, 2025 • Final
Engineering development approval
Plumbing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
5/10 Flood Factor
Estimated 16-24% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
9/10 Heat Factor
6 days above 105° expected this year, 20 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Palm Beach, FL • 33480
Average low and high temperatures (°F)
72
60
75
64
78
67
80
72
85
77
87
79
89
80
89
79
86
77
83
76
79
70
76
66
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
32/ 100
Low sunlight
Sunscore
There appears to be significant shading by surrounding buildings, terrain, and vegetation.
3.1 hrs
2.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 124 Cocoanut Row
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $12,000,000 and $22,000,000.
Nearby comparable homes
The Redfin Estimate uses 5 recent nearby sales, priced between $12.0M to $22.0M.