NOT LISTED FOR SALE

Estimated Value: $1,539,000 - $1,827,000

3 Beds
2 Baths
1,776 Sq Ft
$970/Sq Ft Est. Value

Last Sold January 18, 2023

Last sale price $1,525,000 $859 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $12,764/month

33 Days on Market

Highlights

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

About This Home

As of January 2023

Welcome to your own slice of heaven at 1701 S Flager Drive, WPB, #602, Rapallo North. Step out on to the balcony to see all the way to the Royal Poinciana Bridge. The Biltmore, The Breakers, The Royal Park Bridge, Palm Beach estates along the intercostal, The Cove, Worth Avenue, The Colony Hotel and to the right all the way to Mara-logo and The Southern Bridge. This rare elegant 3 bedroom, 2 bathroom, spans the southeast corner and is flooded with light and an epic view. This 6th floor masterpiece features 1,776 square feet of interior living space and an additional 144 square feet of outdoor living space. New AC unit installed The Rapallo is full service, pet friendly, luxury building that has recently undergone a renovation of hallways and pool area. Other features include 24 hour doorman, pool

Last Agent to Sell the Property

Rebecca Young

Douglas Elliman License #SL-3402639 Listed on: 10/26/2022

Douglas Elliman

Last Buyer's Agent

Adam Zimmerman

Douglas Elliman License #3158514

Douglas Elliman

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $11,504

Year Built

  • Built in 1973

Lot Details

  • East Facing Home

HOA Fees

  • $1,201 Monthly HOA Fees

Parking

  • Open Parking

Interior Spaces

  • 1,776 Sq Ft Home
  • Home Gym
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Eco-Friendly Details

  • Non-Toxic Pest Control

Outdoor Features

  • Outdoor Pool

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 74434327400006020

Community Details

Overview

  • Association fees include cable TV, common area, maintenance exterior, trash, pest control, sewer, water
  • 156 Units
  • Rapallo North Community
  • On-Site Maintenance
  • 19-Story Property

Amenities

  • Doorman
  • Common Area
  • Elevator

Recreation

Pet Policy

  • Pet Restriction

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$11,504

Year Built

Built in 1973

Lot Details

0

HOA Fees

$1,201 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: Okeechobee East to Flagler Drive, right and building is on the right.
  • Building Name: Rapallo North
  • Year Built: 1973
  • Location Tax Legal:Name of Building: Rapallo North
  • Location Tax Legal:Zoned: MF32
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 11504.3
  • Location Tax Legal:Tax Year2: 2021
  • General Property Description:Living Area: 1776.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 1200.87
  • General Property Description:Per: Month
  • General Property Description:_pound_ Units in Complex: 156
  • General Property Description:_pound_ Floors: 19.0
  • Exposure of Unit:East2: Yes
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Security:Door Person: Yes
  • Services Included:Full Time Manager: Yes
  • Services Included:Exercise Facility: Yes
  • Maintenance Includes:Common Area: Yes
  • Maintenance Includes:Exterior Bldg: Yes
  • Maintenance Includes:Garbage Pickup: Yes
  • Maintenance Includes:Pest Control: Yes
  • Maintenance Includes:Sewer2: Yes
  • Maintenance Includes:Water2: Yes
  • Lease Restrictions Pets W Restrictions: Yes
  • Maintenance Includes:Cable TV: Yes
  • Waterfront-Building:Intracoastal-Direct2: Yes
  • Waterfront-Unit:Intracoastal-Direct3: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Ice Maker, Microwave, Range - Electric
  • Total Bedrooms: 3
  • Flooring: Tile
  • Interior Amenities: Cable
  • Living Area: 1776.0
  • Stories: 19
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes

Exterior Features

  • Pool Features: Pool
  • Pool Private: Yes
  • Exterior Features: Balcony, Elevator, Exercise Room
  • Exterior Features:Balcony: Yes
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Exercise Room2: Yes

Garage/Parking

  • Parking:Open Parking: Yes

Utilities

  • Security: Door Person
  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Full Time Manager, Exercise Facility
  • Association: Yes

Fee Information

  • Association Fee Includes: Cable TV, Common Area, Maintenance Exterior, Trash, Pest Control, Sewer, Water

Lot Info

  • Parcel #: 74434327400006020
  • Zoning: MF32

Multi Family

  • Number Of Units Total: 156
  • Maintenance Expense: 1200.87

Tax Info

  • Tax Annual Amount: 11504.3
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2025
Sold by
Reid John and Reid Ellen
Bought by
Borg Jennifer A
Total Days on Market
33
Current Estimated Value
$1,722,847

Purchase Details

Listed on
Oct 26, 2022
Closed on
Jan 20, 2023
Sold by
Corbin Justine
Bought by
Corbin Suydam Cutting
Seller's Agent
Rebecca Young
Douglas Elliman
Buyer's Agent
Adam Zimmerman
Douglas Elliman
List Price
$1,825,000
Sold Price
$1,525,000
Premium/Discount to List
-$300,000
-16.44%
Views
20

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.26%

Purchase Details

Listed on
Nov 16, 2016
Closed on
May 8, 2017
Sold by
Seyrnour Caroline C
Bought by
Corbin Justine
Seller's Agent
Caroline Seymour
Brown Harris Stevens of PB
Buyer's Agent
G. Peter Reed
Sotheby's Intl. Realty, Inc.
List Price
$657,000
Sold Price
$635,000
Premium/Discount to List
-$22,000
-3.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.61%

Purchase Details

Closed on
Jul 31, 2003
Sold by
Wolosin John and Wolosin Catherine
Bought by
Seymour Caroline C

Purchase Details

Closed on
Aug 19, 1996
Sold by
Pomerance Sylvia
Bought by
Wolosin John and Wolosin Catherine
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Borg Jennifer A $1,800,000 None Listed On Document
Borg Jennifer A $1,800,000 None Listed On Document
Corbin Suydam Cutting $1,525,000 --
Corbin Justine $635,000 Attorney
Seymour Caroline C $335,000 --
Wolosin John $150,000 --
Pomerance Sylvia $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reid Ellen $730,000
Previous Owner Reid Ellen $337,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2023 01/18/23 Sold $1,525,000 0.0% $859 / Sq Ft
01/18/2023 01/18/23 Sold $1,525,000 -6.2% $859 / Sq Ft
11/29/2022 11/29/22 Pending -- -- --
11/28/2022 11/28/22 Pending -- -- --
10/27/2022 10/27/22 Price Changed $1,625,000 -11.0% $915 / Sq Ft
10/26/2022 10/26/22 For Sale $1,825,000 +12.3% $1,028 / Sq Ft
10/14/2022 10/14/22 Price Changed $1,625,000 -11.0% $915 / Sq Ft
09/10/2022 09/10/22 For Sale $1,825,000 +187.4% $1,028 / Sq Ft
05/08/2017 05/08/17 Sold $635,000 -3.3% $358 / Sq Ft
04/08/2017 04/08/17 Pending -- -- --
11/16/2016 11/16/16 For Sale $657,000 -- $370 / Sq Ft
Source: Palm Beach Board of REALTORS®

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 $22,706 $1,100,000 -- --
2023 $17,497 $629,200 $0 $0
2022 $13,545 $572,000 $0 $0
2021 $11,504 $520,000 $0 $520,000
2020 $11,620 $520,000 $0 $520,000
2019 $13,058 $585,000 $0 $585,000
2018 $11,507 $525,000 $0 $525,000
2017 $6,356 $326,289 $0 $0
2016 $3,189 $319,578 $0 $0
2015 $6,471 $317,357 $0 $0
2014 $6,478 $314,838 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 22-1528

APN: 74-43-43-27-40-000-6020