$600,000
SOLD MAR 14, 2025

Rapallo 1701 S Flagler Dr Unit 408 West Palm Beach, FL 33401

El Cid Neighborhood
2 Beds
2 Baths
1,363 Sq Ft
$1,489/mo HOA Fee

Recently Sold

$440 Per Sq Ft

29% Below List Price

64 Days on Market

Highlights

  • Doorman
  • Property fronts an intracoastal waterway
  • Gated with Attendant
  • Palm Beach Public School Rated A-
  • Fitness Center
  • 5-minute walk to Norton Gallery Park

About This Home

As of March 2025

Absolute world class location at The Rapallo (North) on the Gold Coast waterfront of West Palm Beach with exclusive neighbors including The Bristol and Forte. Breathtaking and rare ''head-on'' views of the intracoastal and Palm Beach from every room; directly across from Everglades Island and famous Worth Ave. Discover the unparalleled design potential and make this unit your state-of-the-art, bespoke coastal showplace. Amazing opportunity with this large two bedroom/two bath split floor plan with 1500 sq ft including balcony off the living room and kitchen. Pet-friendly building that offers a resort style heated waterfront pool, brand new lobby renovation, 24 hr doorman, fitness center, sauna, club room, security gate, and on-site management office. Laundry room on every floor.

Last Agent to Sell the Property

Katie Severance

Douglas Elliman License #3520470 Listed on: 12/16/2024

Douglas Elliman

Last Buyer's Agent

Katie Severance

Douglas Elliman License #3520470 Listed on: 12/16/2024

Douglas Elliman

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1973

Lot Details

HOA Fees

  • $1,489 Monthly HOA Fees

Parking

  • Assigned Parking

Property Views

Home Design

  • Entry on the 4th floor

Interior Spaces

  • 1,363 Sq Ft Home
  • Furnished or left unfurnished upon request
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Electric Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Seawall
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 74434327400004080

Community Details

Overview

  • Association fees include management, insurance, laundry, maintenance structure, pool(s), security, trash, water
  • Rapallo Subdivision
  • 19-Story Property

Amenities

  • Doorman
  • Clubhouse
  • Laundry Facilities
  • Community Storage Space

Recreation

Security

  • Gated with Attendant
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Year Built

Built in 1973

Lot Details

0

HOA Fees

$1,489 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Flagler Drive - just South of Norton Museum and just North of Palm Beach Day Academy
  • Year Built: 1973
  • Entry Level: 4
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Eat-in Kitchen, Living/Dining Room, Split Bedrooms, Walk-In Closet(s)
  • Furnished: Negotiable
  • Appliances: Electric Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Living Area: 1363.0
  • Dining Room Type: Storage Room
  • Stories: 19

Exterior Features

  • Exterior Features: Balcony
  • View: Intercoastal, Pool
  • Pool Features: None, Association, Community
  • Waterfront Features: Intracoastal Access, Seawall
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Resale
  • FrontageLengthRemarks: 0

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned

Utilities

  • Laundry Features: Common Area
  • Security: Door Man, Gated with Guard
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Water Available

Condo/Co-op/Association

  • Association Fee: 1489.0
  • Community Features: Gated, Property Manager On-Site, Pool
  • Senior Community: No
  • Amenities: Bike Storage, Clubhouse, Fitness Center, Laundry, Management, Pool, Storage
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Insurance, Laundry, Maintenance Structure, Pool(s), Security, Trash, Water

Lot Info

  • Parcel #: 74434327400004080
  • Zoning Description: Resident

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 17920.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2024
Closed on
Mar 14, 2025
Sold by
Liebert Suzy and Liebert Sharon
Bought by
Hourani Hayel Fadi and Marqvardt Romy Astrid
Seller's Agent
Katie Severance
Douglas Elliman
Buyer's Agent
Katie Severance
Douglas Elliman
List Price
$850,000
Sold Price
$600,000
Premium/Discount to List
-$250,000
-29.41%
Views
16
Current Estimated Value
$677,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,465
Avg. Annual Appreciation
22.24%

Purchase Details

Closed on
Aug 15, 2022
Sold by
Jacqueline Liebert Revocable Trust
Bought by
Liebert Michael O and Liebert Suzy

Purchase Details

Closed on
Nov 9, 1993
Sold by
Liebert H Peter and Liebert Jacqueline
Bought by
Liebert Jacqueline
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $600,000 None Listed On Document
Deed -- --
Quit Claim Deed -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2025 03/14/25 Sold $600,000 -22.6% $440 / Sq Ft
02/18/2025 02/18/25 Pending -- -- --
01/20/2025 01/20/25 Price Changed $775,000 -8.8% $569 / Sq Ft
12/16/2024 12/16/24 For Sale $850,000 -- $624 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

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 $14,729 $710,000 -- --
2023 $17,921 $860,000 $0 $860,000
2022 $8,038 $331,100 $0 $0
2021 $6,742 $301,000 $0 $301,000
2020 $6,808 $301,000 $0 $301,000
2019 $2,537 $147,913 $0 $0
2018 $2,360 $145,155 $0 $0
2017 $2,304 $142,169 $0 $0
2016 $2,289 $139,245 $0 $0
2015 $2,333 $138,277 $0 $0
2014 $2,332 $137,180 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Katie Severance

    Seller's Agent in 2025

    Katie Severance

    Douglas Elliman

    (973) 509-2222

    1 in this area

    7 Total Sales

    Katie Severance
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About Rapallo

Map

Source: BeachesMLS

MLS Number: R11045617

BeachesMLS

APN: 74-43-43-27-40-000-4080

Florida Palm Beach County West Palm Beach 33401 El Cid

1701 S Flagler Dr Unit 408, West Palm Beach, FL

This home is located at 1701 S Flagler Dr Unit 408, West Palm Beach, FL 33401 and is currently priced at $600,000, approximately $440 per square foot. This property was built in 1973. 1701 S Flagler Dr Unit 408 is a home located in Palm Beach County with nearby schools including Palm Beach Public School, Conniston Middle School, and Forest Hill Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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