NOT LISTED FOR SALE

Estimated Value: $363,000 - $424,803

1 Bed
1.5 Baths
965 Sq Ft
$857/mo HOA Fee

Last Sold October 16, 2024

Last sale price $370,000 $383 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,744/month

47 Days on Market

Highlights

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

About This Home

As of October 2024

Located in the coveted Rapallo South building, this renovated 1-Bedroom, 1.5 Bath unit offers a contemporary redesign and boasts 10-foot ceilings. The oversized living area looks out to a large private balcony where you can enjoy views of the Intracoastal. A dining area and wet bar offers the perfect space for entertaining. The kitchen features custom cabinetry, GE appliances throughout, and a breakfast table steps from your balcony. The corner primary bedroom is large in size and includes a walk-in closet with custom cabinetry and an en-suite bath. The apartment is equipped with electric shades and impact windows/doors throughout. This unit includes an assigned parking space and additional storage space. Steps from the Intracoastal and walking distance to Palm Beach's finest restaurants

Last Listed By

Brooke Murphy

Compass Florida LLC (PB) License #3399869 Listed on: 07/08/2024

Compass Florida LLC (PB)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,502

Year Built

  • Built in 1973

Lot Details

HOA Fees

  • $857 Monthly HOA Fees

Interior Spaces

  • 965 Sq Ft Home
  • Bar
  • Skylights
  • Blinds
  • Combination Dining and Living Room

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • Separate Shower in Primary Bathroom

Home Security

Parking

  • Guest Parking
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 74434327410001010

Community Details

Overview

  • Association fees include management, common areas, insurance, pest control, pool(s), sewer, security, trash, water, internet
  • Rapallo South Cond Subdivision
  • 19-Story Property

Amenities

  • Doorman
  • Clubhouse
  • Laundry Facilities
  • Community Storage Space
  • Community Wi-Fi

Recreation

Security

  • Resident Manager or Management On Site
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,502

Year Built

Built in 1973

Lot Details

0

HOA Fees

$857 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Okeechobee Blvd, South on S Flagler Dr.
  • Year Built: 1973
  • Entry Level: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Area, Eat-in Kitchen, Living/Dining Room, Skylights, Separate Shower, Bar, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Ice Maker, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile, Wood
  • Living Area: 965.0
  • Dining Room Type: Storage Room
  • Stories: 19
  • Window Features: Blinds, Impact Glass, Skylight(s)

Exterior Features

  • Pool Features: None, Association, Community
  • Waterfront Features: Intracoastal Access
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Guest

Utilities

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

Condo/Co-op/Association

  • Association Fee: 857.0
  • Community Features: Internet Access, Non-Gated, Property Manager On-Site, Pool
  • Senior Community: No
  • Amenities: Bike Storage, Clubhouse, Fitness Center, Laundry, Management, Pool, Storage, Trash
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Insurance, Pest Control, Pool(s), Sewer, Security, Trash, Water, Internet

Lot Info

  • Parcel #: 74434327410001010
  • Zoning Description: MF32

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8502.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2024
Closed on
Oct 14, 2024
Sold by
Niki Maroulakos Revocable Trust and Foura Koula
Bought by
Duran Steven and Duran Theresa
Seller's Agent
Brooke Murphy
Compass Florida LLC (PB)
List Price
$399,000
Sold Price
$370,000
Premium/Discount to List
-$29,000
-7.27%
Total Days on Market
47
Views
123
Current Estimated Value
$394,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,201
Avg. Annual Appreciation
12.45%

Purchase Details

Closed on
Jun 1, 2023
Sold by
Maroulakos Niki
Bought by
Maroulakos Niki

Purchase Details

Listed on
Nov 8, 2021
Closed on
Mar 1, 2022
Sold by
T & S2 Llc
Bought by
Maroulakos Niki
Seller's Agent
LISA WILKINSON
Douglas Elliman
Buyer's Agent
Karen Baker
Compass Florida LLC
List Price
$479,000
Sold Price
$470,000
Premium/Discount to List
-$9,000
-1.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.40%
Original Mortgage
$329,000
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 2, 2019
Closed on
Apr 19, 2021
Sold by
Sherman Robert A
Bought by
T & S2 Llc
Seller's Agent
Douglas Rill
Century 21 America's Choice
Buyer's Agent
LISA WILKINSON
Douglas Elliman
List Price
$180,000
Sold Price
$180,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
201.38%

Purchase Details

Closed on
Aug 24, 2004
Sold by
Heinemann Clintonia
Bought by
Sherman Robert A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,750
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 3, 1996
Sold by
Botwin Dale and Silon Reine
Bought by
Flowers Elizabeth D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
7.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 1994
Sold by
Megibow Dorothy C
Bought by
Megibow Dorothy C and Silon Reine

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 Buyer Sale Price Title Company
Duran Steven $370,000 Equity Land Title
Maroulakos Niki -- None Listed On Document
Maroulakos Niki $470,000 Sorgini & Sorgini Pa
T & S2 Llc $180,000 First International Ttl Inc
Sherman Robert A $165,000 --
Flowers Elizabeth D $55,000 --
Megibow Dorothy C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maroulakos Niki $329,000
Previous Owner Sherman Robert A $50,000
Previous Owner Sherman Robert A $168,300
Previous Owner Sherman Robert A $156,750
Previous Owner Flowers Elizabeth D $44,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2024 10/16/24 Sold $370,000 -7.3% $383 / Sq Ft
08/26/2024 08/26/24 Pending -- -- --
07/09/2024 07/09/24 For Sale $399,000 -15.1% $413 / Sq Ft
03/01/2022 03/01/22 Sold $470,000 -1.9% $487 / Sq Ft
01/30/2022 01/30/22 Pending -- -- --
11/08/2021 11/08/21 For Sale $479,000 +166.1% $496 / Sq Ft
04/19/2021 04/19/21 Sold $180,000 0.0% $187 / Sq Ft
04/19/2021 04/19/21 Sold $180,000 +9900.0% $187 / Sq Ft
03/25/2021 03/25/21 Pending -- -- --
03/20/2021 03/20/21 Pending -- -- --
08/15/2019 08/15/19 Rented $1,800 +12.5% --
07/30/2019 07/30/19 Rented $1,600 -11.1% --
07/16/2019 07/16/19 Under Contract -- -- --
07/02/2019 07/02/19 For Rent $1,800 0.0% --
07/02/2019 07/02/19 For Sale $180,000 0.0% $187 / Sq Ft
06/30/2019 06/30/19 Under Contract -- -- --
06/12/2019 06/12/19 For Sale $209,000 0.0% $217 / Sq Ft
06/06/2019 06/06/19 For Rent $1,595 +13.9% --
07/01/2018 07/01/18 Rented $1,400 0.0% --
06/07/2018 06/07/18 Rented $1,400 0.0% --
06/07/2018 06/07/18 For Rent $1,400 -3.4% --
06/01/2018 06/01/18 Under Contract -- -- --
05/23/2018 05/23/18 For Rent $1,450 +7.4% --
05/01/2017 05/01/17 Rented $1,350 0.0% --
04/01/2017 04/01/17 Under Contract -- -- --
03/10/2017 03/10/17 For Rent $1,350 +4.2% --
03/01/2016 03/01/16 Rented $1,295 -13.7% --
01/31/2016 01/31/16 Under Contract -- -- --
01/04/2016 01/04/16 For Rent $1,500 +25.0% --
01/01/2015 01/01/15 Rented $1,200 0.0% --
12/02/2014 12/02/14 Under Contract -- -- --
11/01/2014 11/01/14 For Rent $1,200 -- --
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 $8,286 $395,000 -- --
2023 $8,502 $445,000 $0 $445,000
2022 $5,555 $181,500 $0 $0
2021 $3,784 $165,000 $0 $165,000
2020 $4,150 $180,000 $0 $180,000
2019 $4,301 $185,000 $0 $185,000
2018 $4,330 $195,000 $0 $195,000
2017 $3,964 $175,000 $0 $0
2016 $4,270 $185,000 $0 $0
2015 $4,270 $180,000 $0 $0
2014 $1,749 $111,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: BeachesMLS

MLS Number: R11002827

BeachesMLS

APN: 74-43-43-27-41-000-1010