$725,000
SOLD JUL 1, 2024

Rapallo 1701 S Flagler Dr Unit 703 West Palm Beach, FL 33401

El Cid Neighborhood
2 Beds
2 Baths
1,348 Sq Ft
$1,203/mo HOA Fee

Recently Sold

$538 Per Sq Ft

34% Below List Price

136 Days on Market

Highlights

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

About This Home

As of July 2024

NICE PRICE REDUCTION ON 1701 S. Flagler Dr. #703 - 2 BR 2 BA Move in ready spacious apartment with Intracoastal water views in prime location just across from Palm Beach. Impact windows, new AC, parquet wood flooring, updated kitchen and baths.Popular full-service building with full time doormen, manager, pool, fitness center. Pet friendly. Close to everything including the airport.

Last Agent to Sell the Property

Ashley Copeland

Brown Harris Stevens of PB License #3079640 Listed on: 02/08/2024

Brown Harris Stevens of PB

Last Buyer's Agent

Suzanne Frisbie

The Corcoran Group License #508253

The Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,999

Year Built

  • Built in 1973

HOA Fees

  • $1,203 Monthly HOA Fees

Parking

  • Open Parking

Interior Spaces

  • 1,348 Sq Ft Home
  • Built-In Features

Kitchen

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

Flooring

  • Wood
  • Parquet
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Additional Features

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 74434327400007030

Community Details

Overview

  • Association fees include common areas, cable TV, pest control, sewer, water
  • High-Rise Condominium
  • Rapallo Condo Subdivision
  • 19-Story Property

Amenities

  • Doorman

Recreation

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,999

Year Built

Built in 1973

Lot Details

0

HOA Fees

$1,203 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Located on the Intracoastal just south of Okeechobee Blvd.
  • Year Built: 1973
  • Architectural Style: High Rise
  • Entry Level: 7
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Pantry, Separate Shower
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Disposal, Ice Maker, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Marble, Parquet, Wood
  • Living Area: 1348.0
  • Dining Room Type: Storage Room
  • Stories: 19

Exterior Features

  • View: Intercoastal
  • Pool Features: None, Association, Community
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Open Parking: Yes
  • Parking Features: Open

Utilities

  • Security: Door Man
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Association Fee: 1203.0
  • Community Features: Non-Gated, Pool
  • Senior Community: No
  • Amenities: Fitness Center, Pool
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Pest Control, Sewer, Water

Lot Info

  • Parcel #: 74434327400007030
  • Zoning Description: MF32(c

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3999.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2024
Closed on
Jul 1, 2024
Sold by
Kesselman Jonathan Mark
Bought by
Flowers Nathan and Mcadam James
Seller's Agent
Ashley Copeland
Brown Harris Stevens of PB
Buyer's Agent
Suzanne Frisbie
The Corcoran Group
List Price
$1,100,000
Sold Price
$725,000
Premium/Discount to List
-$375,000
-34.09%
Total Days on Market
136
Views
52
Current Estimated Value
$768,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,518
Avg. Annual Appreciation
6.54%
Original Mortgage
$290,000
Outstanding Balance
$284,889
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$483,629

Purchase Details

Closed on
May 1, 2019
Sold by
Kesselman Lauren S
Bought by
Kesselman Lauren S

Purchase Details

Closed on
Oct 6, 2003
Sold by
Bougae Arthur and Bougae Erika P
Bought by
Kesselman Lauren S

Purchase Details

Closed on
Sep 10, 1998
Sold by
Robin N Loeb Tr and Jewel Mentha Tr
Bought by
Bougae Arthur H and Bougae Erika P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,700
Interest Rate
6.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 1997
Sold by
Loeb Edward
Bought by
Loeb Edward
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 Type Sale Price Title Company
Warranty Deed $725,000 Equity Land Title
Interfamily Deed Transfer -- Attorney
Warranty Deed -- --
Deed $133,000 --
Deed $100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $290,000 New Conventional
Previous Owner $119,700 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2024 07/01/24 Sold $725,000 -18.5% $538 / Sq Ft
06/24/2024 06/24/24 Pending -- -- --
03/18/2024 03/18/24 Price Changed $890,000 -10.1% $660 / Sq Ft
03/06/2024 03/06/24 Price Changed $990,000 -10.0% $734 / Sq Ft
02/08/2024 02/08/24 For Sale $1,100,000 -- $816 / 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 $4,112 $233,220 -- --
2023 $3,999 $226,427 $0 $0
2022 $3,943 $219,832 $0 $0
2021 $3,922 $213,429 $0 $0
2020 $3,896 $210,482 $0 $0
2019 $3,831 $205,750 $0 $0
2018 $3,599 $201,914 $0 $0
2017 $3,535 $197,761 $0 $0
2016 $3,521 $193,693 $0 $0
2015 $3,590 $192,347 $0 $0
2014 $3,592 $190,820 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2024

    Ashley Copeland

    Brown Harris Stevens of PB

    (561) 596-5959

    7 in this area

    77 Total Sales

    Ashley Copeland
    Section Image

  • S

    Buyer's Agent in 2024

    Suzanne Frisbie

    The Corcoran Group

    (215) 353-8636

    7 in this area

    113 Total Sales

    Suzanne Frisbie
    Section Image
See All Agents

About Rapallo

Map

Source: BeachesMLS

MLS Number: R10957969

BeachesMLS

APN: 74-43-43-27-40-000-7030

Florida Palm Beach County West Palm Beach 33401 El Cid

1701 S Flagler Dr Unit 703, West Palm Beach, FL

This home is located at 1701 S Flagler Dr Unit 703, West Palm Beach, FL 33401 and is currently priced at $725,000, approximately $537 per square foot. This property was built in 1973. 1701 S Flagler Dr Unit 703 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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