NOT LISTED FOR SALE

Estimated Value: $496,089 - $679,000

1 Bed
1.5 Baths
950 Sq Ft
$610/mo HOA Fee

Last Sold September 15, 2023

Last sale price $515,000 $542 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,068/month

89 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 September 2023

Introducing a captivating waterfront gem in the heart of West Palm Beach! This one-bedroom, 1.1-bathroom residence boasts a spacious and light and airy design, with an ideal east exposure that floods the space with natural sunlight. Situated in an amazing location, this property offers easy access to all the attractions and conveniences of the vibrant city. Step inside and be enchanted by the breathtaking views that greet you from the covered and very private-balcony. Admire the picturesque views of Palm Beach Island and the sparkling Intracoastal Waterway with beautiful yacht drifting by, creating a backdrop that is simply unmatched. SEE MORE -- UNDER SUPPLEMENTAL REMARKS

Last Agent to Sell the Property

Juan Acevedo

One Sotheby's International Realty License #3361052 Listed on: 05/12/2023

One Sotheby's International Realty

Last Buyer's Agent

BETH MENDILLO

The Corcoran Group License #3465878

The Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,664

Year Built

  • Built in 1973

Lot Details

HOA Fees

  • $610 Monthly HOA Fees

Parking

  • Assigned Parking

Property Views

Home Design

  • 950 Sq Ft Home

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 74434327410011606

Community Details

Overview

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

Amenities

  • Doorman
  • Sauna
  • Clubhouse
  • Business Center
  • Laundry Facilities
  • Elevator
  • Community Storage Space

Recreation

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,664

Year Built

Built in 1973

Lot Details

0

HOA Fees

$610 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: I-95, exit Okeechobee. Head east to Flagler then South. Rapallo South will be on the right.
  • Year Built: 1973
  • Entry Level: 16
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Walk-In Closet(s)
  • Appliances: Dishwasher, Electric Range, Disposal, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 950.0
  • Dining Room Type: Storage Room
  • Stories: 19

Exterior Features

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

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned

Utilities

  • Laundry Features: Common Area
  • Security: Door Man
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 610.0
  • Community Features: Non-Gated, Property Manager On-Site, Pool, Sauna, Street Lights, Sidewalks
  • Senior Community: No
  • Amenities: Business Center, Clubhouse, Fitness Center, Laundry, Management, Pool, Sauna, Storage, Trash, Elevator(s)
  • Association Fee Frequency: Monthly

Fee Information

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

Lot Info

  • Parcel #: 74434327410011606
  • Lot Size: East of US-1
  • Zoning Description: MF32

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5664.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2023
Closed on
Sep 15, 2023
Sold by
Raduazzo Robert and Raduazzo Robert
Bought by
Salvador Jan
Seller's Agent
Juan Acevedo
One Sotheby's International Realty
Buyer's Agent
BETH MENDILLO
The Corcoran Group
List Price
$569,000
Sold Price
$515,000
Premium/Discount to List
-$54,000
-9.49%
Total Days on Market
89
Views
52
Current Estimated Value
$566,772

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,772
Avg. Annual Appreciation
5.73%

Purchase Details

Closed on
Jul 29, 2019
Sold by
Youngman Suzanne Plott and Youngman Richard S
Bought by
Raduazzo Robert and Lorey Robert E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 10, 2015
Closed on
Oct 18, 2016
Sold by
1801 S Flagler 1606 Llc
Bought by
Plott Suzanne
Seller's Agent
Dan Lumbra
Hunters Palm Beach Realty, LLC
Buyer's Agent
Nino Fernandez
Coldwell Banker Realty /Delray Beach
List Price
$350,000
Sold Price
$280,000
Premium/Discount to List
-$70,000
-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
8.52%

Purchase Details

Closed on
Aug 26, 2015
Sold by
Morford Faith B
Bought by
1801 S Flagler 1606 Llc

Purchase Details

Closed on
Sep 12, 2005
Sold by
Baier Marianne
Bought by
Morford Faith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,200
Interest Rate
3%
Mortgage Type
New Conventional
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
Salvador Jan $515,000 Land Title
Raduazzo Robert $300,000 Integrity Land Title
Plott Suzanne $280,000 None Available
1801 S Flagler 1606 Llc $145,900 None Available
Morford Faith $359,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Raduazzo Robert $210,000
Previous Owner Morford Faith $287,200
Previous Owner Morford Faith B $71,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2023 09/15/23 Sold $515,000 -2.1% $542 / Sq Ft
08/10/2023 08/10/23 Pending -- -- --
08/08/2023 08/08/23 Price Changed $526,000 +0.2% $554 / Sq Ft
07/17/2023 07/17/23 Price Changed $525,000 -3.5% $553 / Sq Ft
07/10/2023 07/10/23 Price Changed $544,000 -0.1% $573 / Sq Ft
07/03/2023 07/03/23 Price Changed $544,500 -0.1% $573 / Sq Ft
06/12/2023 06/12/23 Price Changed $545,000 -4.0% $574 / Sq Ft
06/01/2023 06/01/23 Price Changed $568,000 -0.2% $598 / Sq Ft
05/12/2023 05/12/23 For Sale $569,000 0.0% $599 / Sq Ft
11/29/2022 11/29/22 Rented $4,400 0.0% --
05/17/2022 05/17/22 Under Contract -- -- --
03/28/2022 03/28/22 For Rent $4,400 +120.0% --
10/19/2020 10/19/20 Rented $2,000 -11.1% --
09/19/2020 09/19/20 Under Contract -- -- --
07/21/2020 07/21/20 For Rent $2,250 0.0% --
10/21/2016 10/21/16 Sold $280,000 -20.0% $295 / Sq Ft
09/21/2016 09/21/16 Pending -- -- --
12/10/2015 12/10/15 For Sale $350,000 -- $368 / 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 $3,325 $194,720 -- --
2023 $7,127 $258,940 $0 $505,000
2022 $5,664 $235,400 $0 $0
2021 $4,850 $214,000 $0 $214,000
2020 $5,380 $236,000 $0 $236,000
2019 $4,136 $219,524 $0 $0
2018 $3,892 $215,431 $0 $0
2017 $3,826 $211,000 $0 $0
2016 $5,078 $221,000 $0 $0
2015 $4,398 $173,250 $0 $0
2014 $3,790 $157,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10889301

BeachesMLS

APN: 74-43-43-27-41-001-1606