$555,000
SOLD JAN 24, 2022
2 Beds
2 Baths
1,086 Sq Ft
$667/mo HOA Fee

Recently Sold

$511 Per Sq Ft

126 Days on Market

Highlights

  • Doorman
  • Ocean View
  • Newly Remodeled
  • Palm Beach Public School Rated A-
  • Fitness Center
  • Clubhouse

About This Home

As of January 2022

Overlooking Palm Beach Island and the Ocean at Rapallo South Tower, this lower PH has everything you've been looking for: high floor with jaw-dropping views, 2 Bed/2 bath with an open floorplan and modern finishes with a neutral palette that goes with any style. A modern kitchen outfitted with granite counters and all stainless-steel appliances. The 2nd bedroom functions as the office of your dreams. Rapallo South is a full service building offering a 24hr doorman, heated pool, fitness center, media room and business center. Prime location on Flagler Dr, just 5 minutes away from all the bars and restaurants at Clematis, Rosemary Square and The Kravis Center. Palm Beach Island is a 3 min drive and PBI airport is 15 min away. Discover value steps to everything at Rapallo.

Last Agent to Sell the Property

Alex Miranda

Compass Florida, LLC License #3203583 Listed on: 09/13/2021

Compass Florida, LLC

Co-Listed By

Sherley Rosario

Compass Florida, LLC License #3371513

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,457

Year Built

  • Built in 1973 | Newly Remodeled

HOA Fees

  • $667 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,086 Sq Ft Home
  • Built-In Features
  • French Doors
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Additional Features

  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 74434327410011804

Community Details

Overview

  • Rapallo South Condo
  • Rapallo South Condo Subdivision
  • 18-Story Property

Amenities

  • Doorman
  • Clubhouse

Recreation

Pet Policy

  • Breed Restrictions

Building Details

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,457

Year Built

Built in 1973 | Newly Remodeled

Lot Details

0

HOA Fees

$667 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1973
  • Property Sub Type: Condominium
  • Co List Office Mls Id: COMP01
  • Co List Office Phone: 305-851-2820
  • Entry Level: 18
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: RAPALLO SOUTH CONDO
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Electric Range, Refrigerator
  • Interior Amenities: Built-in Features, French Doors, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: French Doors
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1086
  • Possible Use: Unknown/Withheld
  • Stories: 18
  • Bedroom Features: Entry Level

Exterior Features

  • View: Intracoastal View, Ocean View, Skyline
  • Exterior Features: East Of Us1, Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: Rapallo South Condo
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Covered

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Doorman

Condo/Co-op/Association

  • Association Fee: 667
  • Amenities: Clubhouse-Clubroom, Exercise Room, Heated Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 74434327410011804
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 667

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 6457

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2021
Closed on
Jan 24, 2022
Sold by
Chayem Meisels
Bought by
Biluka Nazar O
Seller's Agent
Alex Miranda
Compass Florida, LLC
Sold Price
$555,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.45%
Original Mortgage
$388,500
Outstanding Balance
$359,512
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$383,706

Purchase Details

Listed on
May 14, 2012
Closed on
Oct 4, 2012
Sold by
Wolf Abraham
Bought by
Meisels Chayem
Seller's Agent
Vicki Copani
Donohue Real Estate Palm Beach
Buyer's Agent
Vicki Copani
Donohue Real Estate Palm Beach
List Price
$125,000
Sold Price
$148,000
Premium/Discount to List
$23,000
18.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.25%

Purchase Details

Closed on
Jul 19, 2002
Sold by
Hanson Theodore F and Hanson Hilma B
Bought by
Shockley David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
6.31%
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 $555,000 Graner Platzek Allison Pa
Warranty Deed $148,000 Princeton Title & Escrow Llc
Warranty Deed $165,000 Flagler Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $388,500 New Conventional
Previous Owner $200,000 Credit Line Revolving
Previous Owner $179,062 Stand Alone First
Previous Owner $148,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2025 04/02/25 For Sale $825,000 0.0% $760 / Sq Ft
03/31/2025 03/31/25 Off Market $825,000 -- --
02/04/2025 02/04/25 Rented $4,300 +3.6% --
12/26/2024 12/26/24 Price Changed $4,150 0.0% $4 / Sq Ft
06/10/2024 06/10/24 For Sale $825,000 0.0% $760 / Sq Ft
05/28/2024 05/28/24 For Rent $3,850 0.0% --
01/24/2022 01/24/22 Sold $555,000 -10.3% $511 / Sq Ft
01/14/2022 01/14/22 Pending -- -- --
10/08/2021 10/08/21 For Sale -- -- --
10/06/2021 10/06/21 Off Market $619,000 -- --
09/10/2021 09/10/21 For Sale $619,000 +318.2% $570 / Sq Ft
10/04/2012 10/04/12 Sold $148,000 +18.4% $136 / Sq Ft
09/04/2012 09/04/12 Pending -- -- --
05/14/2012 05/14/12 For Sale $125,000 -- $115 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $10,843 $520,000 -- --
2023 $11,534 $550,000 $0 $550,000
2022 $7,987 $332,200 $0 $0
2021 $6,764 $302,000 $0 $302,000
2020 $6,457 $285,000 $0 $285,000
2019 $7,544 $372,000 $0 $372,000
2018 $6,469 $312,000 $0 $312,000
2017 $5,903 $276,000 $0 $0
2016 $5,670 $234,256 $0 $0
2015 $5,654 $212,960 $0 $0
2014 $4,952 $193,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11092121

MIAMI REALTORS® MLS

APN: 74-43-43-27-41-001-1804