NOT LISTED FOR SALE

Estimated Value: $1,359,000 - $1,680,000

3 Beds
2 Baths
1,728 Sq Ft
$925/mo HOA Fee

Last Sold February 28, 2020

Last sale price $850,000 $492 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $11,252/month

19 Days on Market

Highlights

  • Doorman
  • Ocean View
  • Fitness Center
  • Palm Beach Public School Rated A-
  • Property fronts an intracoastal waterway
  • Clubhouse

About This Home

As of February 2020

Stunning 3 bedroom 2 full bath with incredible views to the Intracoastal, the Royal Park Bridge, the Palm Beach marina, the Breakers Hotel & the Atlantic Ocean. Beautifully renovated unit with many upgrades, unique redesigned floor plan. Hurricane windows and doors throughout. A must-see! The Rapallo South is a full service building with 24-hour doorman, heated pool, and fitness center. Small pet friendly building. Walking distance to downtown and only 10 minutes to the International Airport.

Last Agent to Sell the Property

Andre Manzi

Premier Brokers International License #3096398 Listed on: 01/09/2020

Premier Brokers International

Last Buyer's Agent

Joseph Borzillieri

The Corcoran Group License #3042603

The Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,793

Year Built

  • Built in 1973

Lot Details

  • Fenced

HOA Fees

  • $925 Monthly HOA Fees

Property Views

  • Garden

Interior Spaces

  • 1,728 Sq Ft Home
  • Combination Dining and Living Room
  • Closed Circuit Camera

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Marble
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • Open Parking
  • Deeded Parking
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 74434327410011003

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, maintenance structure, pest control, sewer, trash, water
  • Rapallo South Cond Subdivision
  • 19-Story Property

Amenities

  • Doorman
  • Clubhouse
  • Community Library
  • Laundry Facilities
  • Elevator

Recreation

Security

  • Resident Manager or Management On Site
  • Card or Code Access
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,793

Year Built

Built in 1973

Lot Details

0

HOA Fees

$925 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: On Flagler Drive, south of Okeechobee Blvd
  • Year Built: 1973
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Area, Eat-in Kitchen, Living/Dining Room, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Disposal, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Marble, Tile
  • Living Area: 1728.0
  • Stories: 19

Exterior Features

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

Garage/Parking

  • Garage Yn: No
  • Open Parking: Yes
  • Parking Features: Assigned, Deeded, Open

Utilities

  • Laundry Features: Common Area
  • Security: Closed Circuit Camera(s), Door Man, Key Card Entry, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 925.0
  • Community Features: Property Manager On-Site, Pool
  • Senior Community: No
  • Amenities: Clubhouse, Fitness Center, Laundry, Library, Management, Pool, Trash, Elevator(s)
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Maintenance Structure, Pest Control, Sewer, Trash, Water

Lot Info

  • Parcel #: 74434327410011003
  • Zoning Description: RD-(1)
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 13793.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2020
Closed on
Feb 28, 2020
Sold by
Mesquita Marcos C and Hansen Karen M
Bought by
Rolfe Myron Sulzberger and Tracy Bruce Ford
Seller's Agent
Andre Manzi
Premier Brokers International
Buyer's Agent
Joseph Borzillieri
The Corcoran Group
List Price
$875,000
Sold Price
$850,000
Premium/Discount to List
-$25,000
-2.86%
Total Days on Market
19
Current Estimated Value
$1,532,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$682,847
Avg. Annual Appreciation
11.84%

Purchase Details

Closed on
Jan 31, 2017
Sold by
Hasnen Carolyn M
Bought by
Msquita Marcos C and Hansen Karen M

Purchase Details

Closed on
Mar 19, 2010
Sold by
Capps Daniel V
Bought by
Hansen Carolyn M and Carolyn M Hansen Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2009
Sold by
Jory Joseph A and Capps Daniel V
Bought by
Capps Daniel

Purchase Details

Closed on
Oct 22, 2004
Sold by
Tunley Roul and Jory Joseph A
Bought by
Jory Joseph A and Capps Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 2004
Sold by
Gerson Gary and Weiner Etherl
Bought by
Tunley Roul and Jory Joseph A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
3.25%
Mortgage Type
Purchase Money Mortgage
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
Rolfe Myron Sulzberger $850,000 Attorney
Msquita Marcos C -- Attorney
Hansen Carolyn M $500,000 Attorney
Capps Daniel -- Attorney
Jory Joseph A -- Sunbelt Title Agency
Tunley Roul $410,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hansen Jacob E $286,000
Previous Owner Hansen Carolyn M $300,000
Previous Owner Jory Joseph A $300,000
Previous Owner Tunley Roul $328,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2020 02/28/20 Sold $850,000 -2.9% $492 / Sq Ft
01/29/2020 01/29/20 Pending -- -- --
01/09/2020 01/09/20 For Sale $875,000 0.0% $506 / Sq Ft
05/30/2013 05/30/13 For Rent $2,800 -90.7% --
05/30/2013 05/30/13 Rented $30,000 -- --
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 $20,676 $905,080 -- --
2023 $20,333 $822,800 $0 $0
2022 $16,219 $748,000 $0 $0
2021 $14,984 $680,000 $0 $680,000
2020 $11,465 $555,000 $0 $555,000
2019 $13,794 $655,000 $0 $655,000
2018 $13,403 $655,000 $0 $655,000
2017 $12,333 $595,000 $0 $0
2016 $11,712 $490,050 $0 $0
2015 $11,512 $445,500 $0 $0
2014 $9,550 $405,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10590452

BeachesMLS

APN: 74-43-43-27-41-001-1003