Rapallo South Unit 508 Sold
Property Details
| Sold Price | $591,700 |
|---|---|
| Last Asking Price | $739,000 |
| Price per SqFt | $623 |
| Maintenance Fee | $941 Monthly |
| Property Taxes | $6,442 2023 |
| Interior Space | 950 SqFt |
| Beds/Baths | 1/1½ |
| Year Built | 1973 |
| Closed Date | 2/28/2025 |
| MLS # | R11017512 |
Location
From the listing
This stunning 1-bedroom, 1.5-bathroom luxury condo offers a breathtaking living experience with its panoramic views overlooking the water. The rich, pristine blues and serene white palette create an elegant and tranquil atmosphere that complements the soaring skies and waterfront scenery. This unit has undergone a total renovation, ensuring a modern and sophisticated living space. The condo features a private and sharp design, with the balcony offering expansive views of the intracoastal, Palm Beach Island, beautifully landscaped gardens, sparkling fountains, and the inviting pool area. The high-quality finishes include blue granite kitchen countertops with stainless steel appliances, a unique marble bath, and custom white European gloss cabinets and vanities throughout, contributing to the overall luxury and modernity of the space. For added convenience and safety, the condo is equipped with Hurricane Impact Doors & Windows, complemented by motorized shades in the living room. The balcony provides a spacious and private outdoor space, perfect for enjoying sunrises and night-time star gazing over the water. The building itself has completed numerous upgrades in recent years. The exterior is currently being painted and new white metal balcony railings will be added in the coming months. The entire renovation process should be completed by fall 2025 and will bring the aesthetics of the building into the 21st century. Ideally located just blocks away from cultural attractions such as the Norton Museum of Art and the Kravis Center for the Performing Arts, as well as the vibrant shopping and dining scene of Downtown West Palm Beach, this condo offers a prime living experience. Rapallo South, as a full-service building, enhances the resident's lifestyle with a 24-hour doorman, a fitness center, and a resort-style pool area. This luxurious condo not only provides a beautiful living space but also offers a lifestyle that combines sophistication, convenience, and the enjoyment of waterfront living.
Listed by Lemon Drop Realty
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $941 a month; taxes $6,442 for 2023. MLS figures, which may not be accurate.
Sales History for This Unit · Rapallo South Unit 508
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| R10379548 | $230,000 | 5/10/18 |
What Other Units Have Been Selling For at Rapallo South
13 units sold at Rapallo South in the last 12 months at an average of $659/SqFt
Below, the most recent sales most like this unit: units with the same bedroom count.
| Unit ⇅ | Sold Price ⇅ | % of Ask ⇅ | Closed Date ⇅ |
|---|---|---|---|
| 1211 | $690,000$642/SqFt | 92% | 7/21/26 |
| 1206 | $565,000$595/SqFt | 94% | 6/26/26 |
| 1401 | $560,000$580/SqFt | 97% | 6/15/26 |
| 701 | $580,000$601/SqFt | 99% | 2/27/26 |
| Ph 1 | $558,000$578/SqFt | 90% | 7/31/25 |
| 1006 | $575,000$605/SqFt | 93% | 3/4/25 |
| 101 | $370,000$383/SqFt | 93% | 10/16/24 |
| 1211 | $400,000$372/SqFt | 77% | 7/10/24 |
For a full analysis of past sales in this development, contact Mark Zilbert.
Listed by Lemon Drop Realty. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in West Palm Beach and throughout South Florida.
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Rapallo South Unit 508, 1801 S Flagler Dr · MLS R11017512 · Sold Feb 2025
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The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.
More at Rapallo South
At Rapallo South, 7 of 187 units are for sale and 13 sold in the last 12 months at an average of $659 per SqFt. Unit 508 sold at $623 per SqFt, below the building's average at the time. Figures compiled by Mark Zilbert, a West Palm Beach real estate agent with ONE Sotheby's International Realty, from MLS records.