$645,000
SOLD MAY 24, 2024
1 Bed
1 Bath
950 Sq Ft
4.38 Acres

Recently Sold

$679 Per Sq Ft

12% Below List Price

223 Days on Market

Highlights

  • Doorman
  • Property fronts an intracoastal waterway
  • Gas Heated Pool
  • Palm Beach Public School Rated A-
  • Fitness Center
  • Clubhouse

About This Home

As of May 2024

Enjoy breathtaking ocean and Intracoastal views from this beautifully renovated 1 bedroom, 1.5 bath apartment in the popular Rapallo building, located just across from Palm Beach. Wide
plank oak flooring throughout, quartz countertops and mother of pearl bar enhance the coastal elegance of this totally renovated apartment. Features include new white kitchen & appliances with dining
area, all new hurricane impact windows and doors, 2021 HVAC and hot water heater, custom closet systems, electric sunshades and spacious outdoor balcony. Rapallo is a full service doorman building
with pool, fitness center and full time manager and is pet friendly. Close to airport, restaurants and shopping. Newly furnished and negotiable.

Last Agent to Sell the Property

Ashley Copeland

Brown Harris Stevens of Palm Beach 5225 License #SL-3079640 Listed on: 09/20/2023

Brown Harris Stevens of Palm Beach 5225

Last Buyer's Agent

Brooke Murphy

Compass Florida, LLC License #SL-3399869

Compass Florida, LLC

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $12,084

Year Built

  • Built in 1973

Lot Details

  • East Facing Home
  • Back Yard Fenced
  • Sprinkler System

Interior Spaces

  • 950 Sq Ft Home
  • Window Treatments
  • Dining Area
  • Storage
  • Home Gym
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Single Oven
  • Electric Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • Garage
  • No Garage

Pool

  • Gas Heated Pool
  • Outdoor Pool

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Non-Toxic Pest Control
  • Property is near a clubhouse

Listing and Financial Details

  • Assessor Parcel Number 74434327410011608

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include insurance, cable TV, common area, maintenance exterior, trash, pest control, sewer, water
  • 192 Units
  • Rapallo South Community
  • On-Site Maintenance
  • 19-Story Property

Amenities

  • Doorman
  • Common Area
  • Clubhouse
  • Laundry Facilities
  • Elevator

Recreation

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$12,084

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: South of Okeechobee Blvd
  • Building Name: Rapallo South
  • Garage Yn: Yes
  • Year Built: 1973
  • Location Tax Legal:Name of Building: Rapallo South
  • Location Tax Legal:Zoned: MF32
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 12084.0
  • Location Tax Legal:Tax Year2: 2022
  • General Property Description:Living Area: 950.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 610.0
  • General Property Description:_pound_ Units in Complex: 192
  • General Property Description:_pound_ Floors: 19.0
  • Waterfront-Building:ICW-Across Street: Yes
  • Exposure of Unit:East2: Yes
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Security:Security System: 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
  • Pool:Heated - Gas: Yes
  • Floors:Hardwood: Yes
  • Laundry:Laundry in Building: Yes
  • Pets:Pets Allowed: Yes
  • Maintenance Includes:Cable TV: Yes
  • Waterfront-Unit:ICW-Across Street2: Yes
  • Services Included:Club Facilities: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Ice Maker, Oven-Single, Microwave, Range - Electric
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Hardwood
  • Interior Amenities: Cable, Storage, Wndw Trmnts Included, Smoke Alarms, Pantry
  • Living Area: 950.0
  • Stories: 19
  • Interior Features:Smoke Alarms: Yes
  • Interior Features:Storage: Yes
  • Interior Features:Wndw Trmnts Included: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Pantry: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Oven-Single: Yes

Exterior Features

  • Pool Features: Pool, Fresh Water, Heated Gas
  • Pool Private: Yes
  • Exterior Features: Balcony, Sprinkler System, Fence - Back Wall, Clubhouse, Elevator, Exercise Room, Lobby
  • Exterior Features:Balcony: Yes
  • Exterior Features:Sprinkler System: Yes
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Exercise Room2: Yes
  • Exterior Features:Lobby: Yes
  • Exterior Features:Fence - Back Wall: Yes
  • Exterior Features:Clubhouse: Yes

Garage/Parking

  • Parking:No Garage2: Yes

Utilities

  • Laundry Features: Laundry in Building
  • Security: Security System, Door Person
  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Full Time Manager, Club Facilities, Exercise Facility, Other Services
  • Association: Yes

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

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

Lot Info

  • Development Status: Land Owned
  • Parcel #: 74434327410011608
  • Zoning: MF32

Rental Info

  • Pets Other: 1 pet 20 lbs.

Multi Family

  • Number Of Units Total: 192
  • Maintenance Expense: 610.0

Tax Info

  • Tax Annual Amount: 12084.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2023
Closed on
May 20, 2024
Sold by
Pfeifer Charles F and Crosby Lisa M
Bought by
Stoupnitzky Gregory Alexis and Stoupnitzky Marianne Jean
Seller's Agent
Ashley Copeland
Brown Harris Stevens of Palm Beach 5225
Buyer's Agent
Brooke Murphy
Compass Florida, LLC
List Price
$735,000
Sold Price
$645,000
Premium/Discount to List
-$90,000
-12.24%
Views
91
Current Estimated Value
$653,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,169
Avg. Annual Appreciation
3.10%

Purchase Details

Listed on
Sep 13, 2021
Closed on
Nov 17, 2021
Sold by
T & S 1 Llc
Bought by
Pfeifer Charles F and Crosby Lisa M
Seller's Agent
LISA WILKINSON
Douglas Elliman
Buyer's Agent
Ashley Copeland
Brown Harris Stevens of PB
List Price
$559,000
Sold Price
$540,000
Premium/Discount to List
-$19,000
-3.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.31%
Original Mortgage
$378,000
Interest Rate
2.99%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 4, 2020
Closed on
Feb 26, 2021
Sold by
Macarah Karen Agam and Agam Nathan L
Bought by
T & S 1 Llc
Seller's Agent
Christina Rooney
Brown Harris Stevens of Palm Beach 6285
Buyer's Agent
Christina Rooney
Brown Harris Stevens of Palm Beach 6285
List Price
$240,000
Sold Price
$240,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
208.42%

Purchase Details

Closed on
May 16, 2018
Sold by
Fine Debra
Bought by
Debra Fine Agam Family Trust

Purchase Details

Closed on
Nov 15, 2011
Sold by
Morris Eve S and Brunner Cheryl Evon
Bought by
Fine Debra

Purchase Details

Closed on
Mar 7, 1997
Sold by
Erdman Joan K
Bought by
Erdman Joan K
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 $645,000 Equity Land Title
Warranty Deed $540,000 Attorney
Warranty Deed $240,000 Equity Land Title Llc
Interfamily Deed Transfer -- None Available
Warranty Deed $185,000 Attorney
Quit Claim Deed $100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $378,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2024 05/24/24 Sold $645,000 -7.7% $679 / Sq Ft
04/30/2024 04/30/24 Pending -- -- --
04/02/2024 04/02/24 Price Changed $699,000 -3.6% $736 / Sq Ft
01/12/2024 01/12/24 Price Changed $725,000 -1.4% $763 / Sq Ft
09/20/2023 09/20/23 For Sale $735,000 +36.1% $774 / Sq Ft
11/17/2021 11/17/21 Sold $540,000 -3.4% $568 / Sq Ft
10/18/2021 10/18/21 Pending -- -- --
09/13/2021 09/13/21 For Sale $559,000 +132.9% $588 / Sq Ft
02/26/2021 02/26/21 Sold $240,000 0.0% $253 / Sq Ft
02/23/2021 02/23/21 Pending -- -- --
12/04/2020 12/04/20 For Sale $240,000 -- $253 / 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 $11,150 $535,000 -- --
2023 $12,074 $537,966 $0 $0
2022 $10,509 $489,060 $0 $0
2021 $4,850 $214,000 $0 $214,000
2020 $5,380 $236,000 $0 $236,000
2019 $5,542 $241,000 $0 $241,000
2018 $5,271 $251,000 $0 $251,000
2017 $4,733 $211,000 $0 $0
2016 $4,611 $190,575 $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: Palm Beach Board of REALTORS®

MLS Number: 23-1455

APN: 74-43-43-27-41-001-1608