NOT LISTED FOR SALE

Estimated Value: $509,000 - $775,000

1 Bed
1.5 Baths
1,195 Sq Ft
$736/mo HOA Fee

Last Sold March 16, 2023

Last sale price $449,000 $376 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $4,702/month

195 Days on Market

Highlights

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

About This Home

As of March 2023

COVETED END UNIT! Views in THREE directions: East, North and West! You will overlook the Atlantic Ocean, Palm Beach and the Intracoastal waterway. Partial Impact Windows. Recently remodeled Lobby and Fitness Center, Rapallo South is a full service building w/ 24hr doorman, lovely manicured gardens, heated pool, and vibrant social activities. Pet friendly, up to 2 pets with a total weight of 20lbs. Restricted smoking building. Minimum 20% down. Close to Flagler boardwalk, restaurants, museum, shopping and Palm Beach.

Last Agent to Sell the Property

Elizabeth Hoadley

Purely Palm Beach Real Estate LLC License #3278009 Listed on: 09/01/2022

Last Buyer's Agent

Elizabeth Hoadley

Purely Palm Beach Real Estate LLC License #3278009 Listed on: 09/01/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,861

Year Built

  • Built in 1973

Lot Details

  • 4.38

HOA Fees

  • $736 Monthly HOA Fees

Property Views

  • Garden

Interior Spaces

  • 1,195 Sq Ft Home
  • Family Room
  • Florida or Dining Combination

Kitchen

  • Eat-In Kitchen
  • Electric Range

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet

Home Security

Parking

  • Guest Parking
  • Open Parking
  • Assigned Parking

Additional Features

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 74434327410011611

Community Details

Overview

  • Association fees include management, parking, pest control, pool(s), roof, sewer, security, water
  • High-Rise Condominium
  • Rapallo South Condo Subdivision
  • 19-Story Property

Amenities

  • Doorman
  • Clubhouse
  • Game Room
  • Business Center
  • Laundry Facilities
  • Elevator
  • Community Storage Space

Recreation

  • Trails

Security

  • Resident Manager or Management On Site
  • Gated Community
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,861

Year Built

Built in 1973

Lot Details

0

HOA Fees

$736 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: East on Okeechobee from I-95 South on Flagler from Okeechobee.
  • Year Built: 1973
  • Architectural Style: High Rise
  • Entry Level: 16
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Eat-in Kitchen, Family/Dining Room, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Electric Range, Refrigerator
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Carpet, Tile
  • Living Area: 1195.0
  • Dining Room Type: Family Room, Storage Room
  • Stories: 19
  • Window Features: Impact Glass

Exterior Features

  • View: Garden, Intercoastal, Ocean, Pool, 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
  • Open Parking: Yes
  • Parking Features: Assigned, Guest, Open

Utilities

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

Condo/Co-op/Association

  • Association Fee: 736.0
  • Community Features: Game Room, Gated, Property Manager On-Site, Pool
  • Senior Community: No
  • Amenities: Business Center, Clubhouse, Fitness Center, Laundry, Management, Pool, Storage, Trail(s), Elevator(s)
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Parking, Pest Control, Pool(s), Roof, Sewer, Security, Water

Lot Info

  • Parcel #: 74434327410011611
  • Zoning Description: MF32(c

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5861.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2022
Closed on
Mar 9, 2023
Sold by
Mcgill John G
Bought by
Michael C Mizrahi Revocable Trust
Seller's Agent
Elizabeth Hoadley
Purely Palm Beach Real Estate LLC
Buyer's Agent
Elizabeth Hoadley
Purely Palm Beach Real Estate LLC
List Price
$698,000
Sold Price
$449,000
Premium/Discount to List
-$249,000
-35.67%
Total Days on Market
195
Views
6
Current Estimated Value
$577,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,396
Avg. Annual Appreciation
12.00%
Source: Public Records

Range of Values:

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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
Michael C Mizrahi Revocable Trust $449,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2023 03/16/23 Sold $449,000 0.0% $376 / Sq Ft
01/22/2023 01/22/23 Price Changed $449,000 -18.2% $376 / Sq Ft
12/14/2022 12/14/22 Price Changed $549,000 -8.2% $459 / Sq Ft
11/06/2022 11/06/22 Price Changed $598,000 -14.3% $500 / Sq Ft
09/01/2022 09/01/22 For Sale $698,000 -- $584 / 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 $8,695 $415,000 -- --
2023 $7,427 $271,040 $0 $0
2022 $5,861 $246,400 $0 $0
2021 $5,067 $224,000 $0 $224,000
2020 $5,600 $246,000 $0 $246,000
2019 $6,458 $291,000 $0 $291,000
2018 $5,935 $301,000 $0 $301,000
2017 $5,210 $236,000 $0 $0
2016 $5,070 $208,967 $0 $0
2015 $5,222 $189,970 $0 $0
2014 $4,328 $172,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10829018

BeachesMLS

APN: 74-43-43-27-41-001-1611