Rapallo 1701 S Flagler Dr Unit 1402 West Palm Beach, FL 33401
El Cid Neighborhood
3
Beds
2
Baths
1,776
Sq Ft
$1,496/mo
HOA Fee
Highlights
- Doorman
- Ocean View
- Fitness Center
- Palm Beach Public School Rated A-
- Property fronts an intracoastal waterway
- 5-minute walk to Norton Gallery Park
About This Home
As of July 2024**Major Price Adjustment* High End Renovations with the finest appointments in Stunning Corner Unit with Mouth Dropping floor to ceiling views of Intracoastal & Ocean from all areas of the unit. Modern Kitchen opened up displaying center island & premier appliance package. Grand Master Bedroom that's spacious and inviting with Large Walk in closet. Master and Guest Bathroom also remodeled with class and function. Impact glass on all windows and doors. Covered parking space for this unit. 14th floor balcony that doesn't disappoint day or night overlooking Marinas and yachts, islands, the ocean, The Breakers Hotel, and Everglades Golf course. Premier area with walking distance to shopping and fine restaurants. The Rapallo has doorman security with resort style pool, guest center, and gym.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $9,868
Year Built
- Built in 1973
Lot Details
HOA Fees
- $1,496 Monthly HOA Fees
Parking
- 1 Car Garage
- Guest Parking
- Assigned Parking
Property Views
Interior Spaces
- 1,776 Sq Ft Home
- Built-In Features
- Plantation Shutters
- Sitting Room
- Combination Dining and Living Room
- Den
Kitchen
- Built-In Oven
- Electric Range
- Microwave
- Ice Maker
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Closet Cabinetry
- Walk-In Closet
- 2 Full Bathrooms
- Separate Shower in Primary Bathroom
Home Security
Outdoor Features
- Open Patio
- Wrap Around Porch
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 74434327400011402
Community Details
Overview
- Association fees include management, common areas, cable TV, insurance, pest control, pool(s), sewer, security, trash, water
- Rapallo Condo Subdivision
- 19-Story Property
Amenities
- Doorman
Recreation
Pet Policy
- Pets Allowed
Security
- Security Guard
- Gated Community
- Impact Glass
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 30, 2023
Closed on
Jul 30, 2024
Sold by
Koenig Mary Beth
Bought by
Bar-Or Shmuel
Seller's Agent
Eric Solomon
Solomon Homes
Buyer's Agent
Simon Isaacs
Simon Isaacs Real Estate LLC
List Price
$1,690,000
Sold Price
$1,200,000
Premium/Discount to List
-$490,000
-28.99%
Views
96
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,710
Avg. Annual Appreciation
9.02%
Original Mortgage
$960,000
Outstanding Balance
$949,137
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$371,573
Purchase Details
Listed on
Nov 5, 2020
Closed on
Dec 16, 2020
Sold by
Merrien Francoise and Francoise C Merrien Revocable
Bought by
Koenig Mary Beth
Seller's Agent
STEPHANIE LEFES
Sotheby's International Realty, Inc.
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$935,000
Sold Price
$935,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.16%
Original Mortgage
$331,006
Interest Rate
2.71%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Oct 20, 2015
Sold by
Merrien Francoise C
Bought by
Merrien Francoise and Francoise C Merrien Revocable Trust
Purchase Details
Listed on
Dec 18, 2013
Closed on
Feb 19, 2014
Sold by
Leach Jeffrey R and Leach Dale D
Bought by
Merrien Francoise C
Seller's Agent
JANE SCOTT
Sotheby's International Realty, Inc.
Buyer's Agent
STEPHANIE LEFES
Lowell Int'l Realty Group. Inc
List Price
$580,000
Sold Price
$580,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.38%
Purchase Details
Closed on
Nov 15, 2013
Sold by
Leach Jeffrey R
Bought by
Leach Jeffrey R
Purchase Details
Closed on
Nov 28, 2001
Sold by
Wiseberg Sandra A
Bought by
Leach Suzanne R and The Suzanne R Leach Revocable Trust
Purchase Details
Closed on
Jul 28, 2000
Sold by
Johnson Jessie I
Bought by
Wiseberg Sandra A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
8.23%
Mortgage Type
New Conventional
Similar Homes in West Palm Beach, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,200,000 | Cooperative Title | |
| Warranty Deed | $1,200,000 | Cooperative Title | |
| Warranty Deed | $935,000 | Premier Title Company Ltd | |
| Interfamily Deed Transfer | -- | Attorney | |
| Warranty Deed | $580,000 | Attorney | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $385,000 | -- | |
| Warranty Deed | $225,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $960,000 | New Conventional | |
| Closed | $960,000 | New Conventional | |
| Previous Owner | $331,006 | Credit Line Revolving | |
| Previous Owner | $510,400 | New Conventional | |
| Previous Owner | $180,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/31/2024 07/31/24 | Sold | $1,200,000 | -11.1% | $676 / Sq Ft |
| 03/10/2024 03/10/24 | Price Changed | $1,350,000 | -9.4% | $760 / Sq Ft |
| 02/19/2024 02/19/24 | Price Changed | $1,490,000 | -11.8% | $839 / Sq Ft |
| 10/30/2023 10/30/23 | For Sale | $1,690,000 | +80.7% | $952 / Sq Ft |
| 12/21/2020 12/21/20 | Sold | $935,000 | 0.0% | $526 / Sq Ft |
| 12/09/2020 12/09/20 | Pending | -- | -- | -- |
| 11/05/2020 11/05/20 | For Sale | $935,000 | +61.2% | $526 / Sq Ft |
| 02/19/2014 02/19/14 | Sold | $580,000 | 0.0% | $327 / Sq Ft |
| 01/20/2014 01/20/14 | Pending | -- | -- | -- |
| 12/18/2013 12/18/13 | For Sale | $580,000 | -- | $327 / Sq Ft |
Source: BeachesMLS (Greater Fort Lauderdale)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $21,709 | $998,250 | -- | -- |
| 2023 | $21,886 | $907,500 | $0 | $0 |
| 2022 | $18,084 | $825,000 | $0 | $0 |
| 2021 | $16,506 | $750,000 | $0 | $750,000 |
| 2020 | $10,015 | $489,005 | $0 | $0 |
| 2019 | $9,869 | $478,011 | $0 | $0 |
| 2018 | $9,380 | $469,098 | $0 | $0 |
| 2017 | $9,279 | $459,450 | $0 | $0 |
| 2016 | $9,268 | $450,000 | $0 | $0 |
| 2015 | $10,210 | $420,000 | $0 | $0 |
| 2014 | $8,925 | $420,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Eric Solomon
E
Seller's Agent in 2024
Eric Solomon
Solomon Homes
(954) 384-8546
1 in this area
92 Total Sales
-
Simon Isaacs
Buyer's Agent in 2024
Simon Isaacs
Simon Isaacs Real Estate LLC
(561) 818-3936
14 in this area
128 Total Sales
-
STEPHANIE LEFES
S
Seller's Agent in 2020
STEPHANIE LEFES
Sotheby's International Realty, Inc.
(561) 789-2393
2 in this area
42 Total Sales
-
N
Buyer's Agent in 2020
NON MEMBER
NON MEMBER FIRM
-
JANE SCOTT
J
Seller's Agent in 2014
JANE SCOTT
Sotheby's International Realty, Inc.
(561) 659-3555
10 Total Sales
About Rapallo
Map
Source: BeachesMLS (Greater Fort Lauderdale)
MLS Number: F10407190
APN: 74-43-43-27-40-001-1402
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