NOT LISTED FOR SALE

Rapallo 1801 S Flagler Dr Unit 4040 West Palm Beach, FL 33401

El Cid Neighborhood

Estimated Value: $599,561 - $676,000

2 Beds
2 Baths
1,086 Sq Ft
$589/Sq Ft Est. Value

Last Sold April 16, 2025

Last sale price $630,000 $580 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,369/month

420 Days on Market

Highlights

  • Doorman
  • Property fronts an intracoastal waterway
  • Home Gym
  • Palm Beach Public School Rated A-
  • Outdoor Pool
  • Balcony

About This Home

As of April 2025

Gorgeous, renovated 2 bedroom 2 bath waterfront unit. Featuring a split floor plan, expansive views of the intracoastal facing NE, stainless steel appliances, porcelain tile throughout and spacious walk-in closets. Rapallo South is a highly desirable waterfront, pet friendly building with two pools, a fitness center, and multiple common rooms.

Last Agent to Sell the Property

Dana Koch

The Corcoran Group License #3027862 Listed on: 02/06/2024

The Corcoran Group

Co-Listed By

Paulette Koch

The Corcoran Group License #3068398

Last Buyer's Agent

MAE FERGUSON

COMPASS Florida, LLC

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $9,718

Year Built

  • Built in 1973

Lot Details

  • Northeast Facing Home

HOA Fees

  • $1,098 Monthly HOA Fees

Parking

  • Open Parking

Interior Spaces

  • 1,086 Sq Ft Home
  • Dining Area
  • Home Gym
  • Tile Flooring
  • Hurricane or Storm Shutters

Kitchen

  • Single Oven
  • Electric Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Outdoor Pool

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 74434327410004040

Community Details

Overview

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

Amenities

  • Doorman
  • Common Area
  • Laundry Facilities
  • Elevator

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$9,718

Year Built

Built in 1973

Lot Details

0

HOA Fees

$1,098 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Building Name: Rapallo South
  • 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: 9718.0
  • Location Tax Legal:Tax Year2: 2024
  • General Property Description:Living Area: 1086.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 3293.4
  • General Property Description:Per: Quarter
  • General Property Description:_pound_ Units in Complex: 192
  • General Property Description:_pound_ Floors: 19.0
  • Waterfront-Building:ICW-Across Street: Yes
  • Waterfront-Unit:Living Room View: Yes
  • Waterfront-Unit:Master Bedroom View: Yes
  • Exposure of Unit:East2: Yes
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Security:Door Person: Yes
  • Services Included:Full Time Manager: Yes
  • Maintenance Includes:Common Area: Yes
  • Maintenance Includes:Exterior Bldg: Yes
  • Maintenance Includes:Garbage Pickup: Yes
  • Maintenance Includes:Sewer2: Yes
  • Maintenance Includes:Water2: Yes
  • Exposure of Unit:North2: Yes
  • Laundry:Laundry in Building: Yes
  • Pets:Pets Allowed: Yes
  • Maintenance Includes:Cable TV: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Oven-Single, Microwave, Range - Electric
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Interior Amenities: Cable
  • Living Area: 1086.0
  • Stories: 19
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Oven-Single: Yes

Exterior Features

  • Pool Features: Pool
  • Pool Private: Yes
  • Exterior Features: Balcony, Storm Shutters, Elevator, Exercise Room, Lobby
  • Exterior Features:Balcony: Yes
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Exercise Room2: Yes
  • Exterior Features:Lobby: Yes
  • Exterior Features:Storm Shutters: Yes

Garage/Parking

  • Parking:Open Parking: Yes
  • Parking:Other2: Yes

Utilities

  • Laundry Features: Laundry in Building
  • Security: Door Person
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: No Services, Full Time Manager
  • Association: Yes

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

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

Lot Info

  • Development Status: Land Owned
  • Parcel #: 74434327410004040
  • Zoning: MF32

Rental Info

  • Pets Other: 1 pet up to 20 Lbs

Multi Family

  • Number Of Units Total: 192
  • Maintenance Expense: 3293.4

Tax Info

  • Tax Annual Amount: 9718.0
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2024
Closed on
Apr 16, 2025
Sold by
Blancato Frank and Blancato Irina
Bought by
Foley James
Seller's Agent
Dana Koch
The Corcoran Group
Buyer's Agent
MAE FERGUSON
COMPASS Florida, LLC
List Price
$725,000
Sold Price
$630,000
Premium/Discount to List
-$95,000
-13.1%
Views
106
Current Estimated Value
$640,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,140
Avg. Annual Appreciation
1.30%

Purchase Details

Listed on
Dec 9, 2021
Closed on
Apr 5, 2022
Sold by
Tb Development Llc
Bought by
Blancato Frank and Blancato Irina
Seller's Agent
James Ables
Free Find Realty Inc.
Buyer's Agent
Ashleigh Campbell
LoKation
List Price
$670,325
Sold Price
$640,000
Premium/Discount to List
-$30,325
-4.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.52%

Purchase Details

Closed on
Aug 24, 2021
Sold by
Morris Nicole C and Estate Of Scott L Targer
Bought by
Tb Development

Purchase Details

Closed on
Aug 13, 2007
Sold by
Kitchen Frank L and Targer Scott
Bought by
Kitchen Frank L and Targer Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,185
Interest Rate
5.87%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Mar 15, 1995
Sold by
Franklin Janice
Bought by
Kitchens Frank L and Targer Scott
Source: Public Records

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
Foley James $630,000 Trident Title
Foley James $630,000 Trident Title
Blancato Frank $640,000 Philip B Harris Pa
Tb Development $209,000 None Available
Kitchen Frank L -- First American Title Ins Co
Kitchens Frank L -- --
Kitchens Frank L $82,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kitchen Frank L $544,185
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2025 04/16/25 Sold $630,000 -2.9% $580 / Sq Ft
04/01/2025 04/01/25 Pending -- -- --
01/08/2025 01/08/25 Price Changed $649,000 -5.8% $598 / Sq Ft
05/03/2024 05/03/24 Price Changed $689,000 -5.0% $634 / Sq Ft
02/06/2024 02/06/24 For Sale $725,000 +13.3% $668 / Sq Ft
04/05/2022 04/05/22 Sold $640,000 -4.5% $589 / Sq Ft
03/06/2022 03/06/22 Pending -- -- --
12/09/2021 12/09/21 For Sale $670,325 -- $617 / 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 $9,718 $465,000 -- --
2023 $10,401 $495,000 $0 $495,000
2022 $8,827 $409,260 $0 $0
2021 $5,937 $264,000 $0 $264,000
2020 $1,425 $97,987 $0 $0
2019 $1,392 $95,784 $0 $0
2018 $1,264 $93,998 $0 $0
2017 $1,215 $92,065 $0 $0
2016 $604 $90,171 $0 $0
2015 $1,221 $89,544 $0 $0
2014 $1,219 $88,833 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dana Koch

    Seller's Agent in 2025

    Dana Koch

    The Corcoran Group

    (561) 379-7718

    14 in this area

    223 Total Sales

    Dana Koch
    Section Image

  • P

    Seller Co-Listing Agent in 2025

    Paulette Koch

    The Corcoran Group

    (561) 227-4416

    7 in this area

    140 Total Sales

    Paulette Koch
    Section Image

  • M

    Buyer's Agent in 2025

    MAE FERGUSON

    COMPASS Florida, LLC

  • J

    Seller's Agent in 2022

    James Ables

    Free Find Realty Inc.

  • A

    Buyer's Agent in 2022

    Ashleigh Campbell

    LoKation

    (561) 656-2929

    1 in this area

    6 Total Sales

    Ashleigh Campbell
    Section Image
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About Rapallo

Map

Source: Palm Beach Board of REALTORS®

MLS Number: 24-240

APN: 74-43-43-27-41-000-4040

Florida Palm Beach County West Palm Beach 33401 El Cid

1801 S Flagler Dr Unit 4040, West Palm Beach, FL

This home is located at 1801 S Flagler Dr Unit 4040, West Palm Beach, FL 33401 since 06 February 2024 and is currently estimated at $640,140, approximately $589 per square foot. This property was built in 1973. 1801 S Flagler Dr Unit 4040 is a home located in Palm Beach County with nearby schools including Palm Beach Public School, Conniston Middle School, and Forest Hill Community High School.

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