NOT LISTED FOR SALE

Estimated Value: $1,266,000 - $1,520,000

3 Beds
2 Baths
1,728 Sq Ft
1973 Built

Last Sold May 01, 2024

Last sale price $1,350,000 $781 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $8,917/month

48 Days on Market

Highlights

  • Ocean View
  • Property fronts an intracoastal waterway
  • Clubhouse
  • Palm Beach Public School Rated A-
  • Fitness Center
  • Elevator

About This Home

As of May 2024

Waterfront condominium with panoramic views of the Intracoastal, Palm Beach, downtown and ocean from all main rooms. The coveted 03 line offers this high-floor unit a corner position with east and north exposures. Spacious 3BR/2BA residence encompasses nearly 1,900 square feet with its expansive balcony. Renovated with new flooring, lighting, kitchen and baths. Gourmet, eat-in kitchen features top quality cabinetry and appliances. Includes impact glass and 2 parking spaces (covered & open-air). Rapallo South is located along prestigious South Flagler Drive with quick access to downtown and Palm Beach. Full service, pet friendly building with pool, gym, storage, 24-hour doorman and onsite manager. Just a few blocks from the Norton Museum, Four Arts and world-famous Worth Avenue.

Last Agent to Sell the Property

Jason Haverkamp

William Raveis Real Estate License #3413049 Listed on: 03/08/2024

Co-Listed By

Nancy Mendel

Tina Fanjul Associates, Inc. License #76747

Last Buyer's Agent

Linda R Olsson

Linda R. Olsson, Inc. License #432027

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,826

Year Built

  • Built in 1973

Lot Details

  • East Facing Home

Property Views

Interior Spaces

  • 1,728 Sq Ft Home
  • Built-In Features
  • Entrance Foyer
  • Combination Dining and Living Room
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Parking

  • 1 Detached Carport Space
  • Guest Parking
  • Open Parking

Outdoor Features

Schools

  • Palm Beach Public Elementary School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 74434327410008030

Community Details

Overview

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

Amenities

  • Clubhouse
  • Business Center
  • Community Library
  • Elevator
  • Community Storage Space

Recreation

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,826

Year Built

Built in 1973

Lot Details

0 Sq Ft Lot

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Located on S Flagler Drive, just south of Okeechobee or north of Southern Blvd. Rapallo South offers guest parking designated with yellow curbs.
  • MaximumNumberOfPets: 1
  • Year Built: 1973
  • Carport Y N: Yes
  • Pets No Pets Comments: Total Weight Limit Of Pets:20
  • MaximumPetWeight: 20
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Entrance Foyer, Eat-in Kitchen, Living/Dining Room, Separate Shower, Walk-In Closet(s)
  • Main Level Bedrooms: 3
  • Furnished: Unfurnished
  • Appliances: Cooktop, Dishwasher, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Location: Entry Level Living Area Y
  • Living Area: 1728.0
  • Stories: 19
  • Window Features: Drapes

Exterior Features

  • Exterior Features: Balcony, Outdoor Living Area
  • View: Intercoastal, Ocean
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Disclosures: Special Assessment
  • Construction Type: Concrete
  • Direction Faces: East
  • Patio And Porch Features: Covered, Balcony
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Open Parking Spaces: 1.0
  • Carport Spaces: 1.0
  • Garage Yn: No
  • Open Parking: Yes
  • Parking Features: Detached Carport, Guest, Open

Utilities

  • Security: Security System, Closed Circuit Camera(s), Lobby Secured
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Individual
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1464.0
  • Pets Allowed: Yes
  • Community Features: Property Manager On-Site
  • Senior Community: No
  • Amenities: Bike Storage, Business Center, Clubhouse, Fitness Center, Library, Storage, Sidewalks, Trash, Elevator(s)
  • Pets Allowed: Number Limit, Size Limit, Yes
  • Common Interest: Condominium

Fee Information

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

Schools

  • Elementary School: Palm Beach Public

Lot Info

  • Parcel #: 74434327410008030
  • Mobile Dim Units: Feet
  • Zoning: MF32 Multifam

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 18826.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2024
Closed on
May 1, 2024
Sold by
Murphy Sarah Pearce Crosby and Brenda Neubauer Straus Revocable Trust
Bought by
Mackle Robert F and Mackle Lynn K
Seller's Agent
Jason Haverkamp
William Raveis Real Estate
Buyer's Agent
Linda R Olsson
Linda R. Olsson, Inc.
List Price
$1,495,000
Sold Price
$1,350,000
Premium/Discount to List
-$145,000
-9.7%
Views
26
Current Estimated Value
$1,408,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,920
Avg. Annual Appreciation
2.30%

Purchase Details

Listed on
Aug 28, 2017
Closed on
Aug 23, 2017
Sold by
Monk Andrea Mallas
Bought by
Straus Brenda N
Seller's Agent
ERIC SAIN
ILLUSTRATED PROPERTIES LLC
Buyer's Agent
ERIC SAIN
COLDWELL BANKER
List Price
$800,000
Sold Price
$800,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.16%

Purchase Details

Closed on
Jul 5, 2016
Sold by
Mallas Monk Andrea and Monk Andrea Mallas
Bought by
Monk Andrea Mallas and Declaration Of Trust Of Andrea Mallas Mo

Purchase Details

Closed on
Jun 6, 2011
Sold by
Ellis Sue Ellen
Bought by
Flippo Steven E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
4.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2010
Sold by
Hanley Daniel A and Bermas Peter I
Bought by
Mallas Monk Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
4.91%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mackle Robert F $1,350,000 None Listed On Document
Mackle Robert F -- None Listed On Document
Straus Brenda N $800,000 Attorney
Monk Andrea Mallas -- None Available
Flippo Steven E $140,000 First Intl Title Inc
Mallas Monk Andrea $415,000 Premier Title Company Ltd
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Flippo Steven E $98,000
Previous Owner Mallas Monk Andrea $332,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/01/2024 05/01/24 Sold $1,350,000 -9.7% $781 / Sq Ft
04/25/2024 04/25/24 Pending -- -- --
03/08/2024 03/08/24 For Sale $1,495,000 +86.9% $865 / Sq Ft
08/31/2017 08/31/17 Sold $800,000 0.0% $463 / Sq Ft View Prior Sale
08/31/2017 08/31/17 Sold $800,000 0.0% $463 / Sq Ft View Prior Sale
08/29/2017 08/29/17 Pending -- -- --
08/28/2017 08/28/17 For Sale $800,000 -3.0% $463 / Sq Ft
08/01/2017 08/01/17 Pending -- -- --
07/17/2017 07/17/17 For Sale $825,000 0.0% $477 / Sq Ft
10/20/2014 10/20/14 Rented $5,440 0.0% --
09/20/2014 09/20/14 Under Contract -- -- --
07/07/2014 07/07/14 For Rent $5,440 -- --
Source: BeachesMLS (Greater Fort Lauderdale)

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
2025 $19,035 $1,145,000 -- --
2024 $19,035 $797,935 -- --
2023 $18,826 $725,395 $0 $0
2022 $14,856 $659,450 $0 $0
2021 $13,718 $670,000 $0 $670,000
2020 $12,169 $545,000 $0 $545,000
2019 $14,502 $645,000 $0 $645,000
2018 $14,104 $645,000 $0 $645,000
2017 $6,591 $336,986 $0 $0
2016 $6,579 $330,055 $0 $0
2015 $6,711 $327,761 $0 $0
2014 $6,718 $325,160 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10965805

BeachesMLS (Greater Fort Lauderdale)

APN: 74-43-43-27-41-000-8030

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