Rapallo South Condo
Homes for Sale in West Palm Beach, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
Rapallo South Condo sits in a mid-$600K median bracket—$605,000 as of mid-July—with homes pricing at roughly $588 per square foot. That per-foot figure suggests a range of sizes under one roof, but the headline takeaway is straightforward: you're paying for proximity to downtown West Palm Beach and the Intracoastal, not for resort-grade amenities. The building itself doesn't advertise pools, fitness centers, or concierge service in current listings, so value here hinges on location and interior condition.
The market has softened year-over-year—prices down about 5 percent—and inventory is clearing in two months, not two weeks. The 62 heat score confirms it: a functional market with negotiating latitude. Sellers who price to condition move; buyers have time to be selective. Ten closings in the trailing window is enough to establish a median but thin enough that one luxury penthouse or one distressed unit can swing the numbers, so treat the median as a center point, not a ceiling or floor.
Rapallo South Condo right now
🟡 Off the recent peak. The trailing-12-month median ($605K) is down 5.2% from the prior 12 months ($638K). With about a dozen sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Beaches MLS closed sales, 12-month windows ending July 15. Confidence: Medium (10 and 7 sales in the two windows).
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Updated July 15, 2026 · Live data: Beaches MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Rapallo South Condo market snapshot (as of July 15, 2026): the median sale price is about $605K ($588 per sq ft over the trailing 12 months of closed sales), and a median 60 days on market for closed sales. The trailing-12-month median is down 5% from the prior 12 months, computed from record-level Beaches MLS closed sales (10 closings in the current window).
Rapallo South Condo is a West Palm Beach mid-rise where the building's appeal is its address—walkable to downtown, the waterfront, and Clematis Street—rather than on-site resort amenities. Buyers trade clubhouse perks for location and a median price just over $600K.
Who Rapallo South Condo is best for.
Best for
- Buyers relocating for work in downtown West Palm Beach who want to walk to the office, waterfront, and nightlife without a car-dependent commute.
- Investors comfortable with a mid-$600K basis and a two-month absorption pace who can screen tenants and underwrite urban rental demand.
- Downsizers leaving a single-family home who prioritize location and low-maintenance living over resort-style shared facilities and are prepared to evaluate interior condition closely.
Probably not for
- Buyers who expect resort amenities—pool, state-of-the-art fitness center, concierge—as part of the condo-fee package and won't accept a bare-bones shared-space model.
- First-time buyers shopping on monthly payment alone who haven't reserved budget for potential special assessments or deferred in-unit repairs that sellers may not disclose.
- Investors seeking guaranteed cash flow or immediate appreciation in a market that has cooled year-over-year and where thin sales data makes short-term price prediction unreliable.
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending July 15 of each year, from record-level Beaches MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($605K) IS the median in the snapshot above, and the move from 2025 ($638K) IS the -5.2% one-year change.
Windows contain 0 to 21 sales each (10 in the current window); every figure carries its sample size, and thin markets swing on single closings. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. Deemed reliable but not guaranteed.
The Rapallo South Condo buying strategy.
If we were buying in Rapallo South Condo today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Rapallo South Condo.
What you're actually buying at Rapallo South
Rapallo South Condo offers vertical living in a Palm Beach County city that has become a financial and cultural hub for South Florida. The building delivers Intracoastal proximity and walkability to dining, arts, and nightlife along Clematis, but MLS data shows no shared pool, fitness center, or concierge mentioned in active or recent listings. That's not an oversight—it's the profile. You're buying into a condo that leans on West Palm's urban fabric rather than inward-facing resort infrastructure.
The median of $605,000 and roughly $588 per foot tells you that unit size varies—larger floor plans will command higher absolute prices, smaller ones will land below the median—but every buyer is underwriting the same location premium. Days on market running close to two months means you can tour multiple units, negotiate inspection repairs, and avoid bidding wars. The year-over-year price decline of five percent is a reset, not a collapse; it reflects broader interest-rate pressure and a return to pre-frenzy norms across Palm Beach County.
With only ten closings in the trailing window, the sample is workable but not deep. A single penthouse sale or a single foreclosure can move the median by tens of thousands of dollars, so use the $605K figure as a center of gravity and verify every comp your agent pulls. Condition inside these units will vary widely—some owners have renovated kitchens and baths, others have left original finishes—and that spread will matter more than list price when you're negotiating.
The location and the amenities are priced into every listing in Rapallo South Condo. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
Rapallo South's thin transaction count and wide condition variance mean you need an agent who can parse every comp, flag deferred maintenance before you write an offer, and negotiate on facts rather than emotion. Momentum's team knows which units have been updated, which have pending special assessments, and what comparable sales in neighboring towers actually closed for. We'll tell you when a listing is overpriced for its condition, when to walk away, and when a two-month sit gives you leverage. In a building where the median is real but the range is wide, honest counsel and tight comps are the difference between a smart buy and an expensive mistake.
Rapallo South Condo in 15 seconds.
HOA, CDD & Fees
- Mandatory HOA — confirm current dues
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Rapallo South Condo buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Rapallo South Condo sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Rapallo South Condo, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
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Recent Developments in Rapallo South Condo
Development, infrastructure, retail, and school activity affecting Rapallo South Condo, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated August 2026.
- July 2026Market
Palm Beach County Total Home Sales Jump for 10th Consecutive Month
Palm Beach County total home sales rose 22.3% year-over-year in June 2026 to 2,456 transactions, with total dollar volume up 53.90% to $2.7 billion. The single-family median sale price increased to $700,000 and the condominium median rose to $325,000.
What it may mean for the marketRising sales volume and median prices signal strengthening demand and higher valuations across the Palm Beach County housing market. The site is less than a mile northwest of Rapallo South Condo.
Source: MIAMI REALTORS - July 2026Civic
Jupiter Commission Backs Old Dixie Industrial Shift and Seaglass Condo Option
The Jupiter Planning and Zoning Commission voted 7-0 to recommend a Future Land Use Map amendment allowing two office and warehouse buildings on a 0.77-acre former Cemex site at 1666 North Old Dixie Highway. The commission also unanimously recommended letting the 23-unit Seaglass development at 105 Rich Circle be built as either rentals or for-sale condominiums, with Town Council consideration set for August 18.
What it may mean for the marketLand use changes in Jupiter would enable commercial redevelopment of a vacant Old Dixie Highway parcel and add flexibility for a small multifamily project to deliver either rental or for-sale housing. The project is about 17 miles north of Rapallo South Condo, elsewhere in Palm Beach County.
Source: JupiterBrief - July 2026Development
The Berkeley Palm Beach Breaks Ground at 550 South Australian Avenue in West Palm Beach
The Berkeley Palm Beach broke ground on a 25-story tower with 193 condominium residences at 550 South Australian Avenue overlooking Clear Lake, developed by Al Adelson with Arquitectonica as designer. Sales have exceeded $120 million and completion is anticipated in 2029.
What it may mean for the marketA new 25-story condominium tower adds high-end for-sale housing supply to the downtown West Palm Beach market and continues vertical development along the Clear Lake waterfront. The site is less than a mile west of Rapallo South Condo.
Source: Florida YIMBY - June 2026Development
Developers Plan Two 31-Story Towers for 2085 N Flagler Dr, West Palm Beach
Terra and BH Group filed plans for 281 residential condominiums across two 31-story towers on a 1.55-acre site at 2085 N Flagler Drive in West Palm Beach. The nearly 440,000-square-foot project includes about 4,385 square feet of retail and 362 parking spaces.
What it may mean for the marketTwo proposed 31-story towers would add for-sale condominium supply and ground-floor retail along the North Flagler Drive waterfront in West Palm Beach. The site is about 2 miles north of Rapallo South Condo.
Source: Florida YIMBY - June 2026Development
300-Unit 'The Pierce' Slated for Summer Groundbreaking at 115 N. Federal Highway, Boynton Beach
Affiliated Development's The Pierce, a mixed-use project with 300 apartments and 17,015 square feet of retail at 115 N. Federal Highway in downtown Boynton Beach, is slated to start construction in summer 2026. The unit mix includes 150 market-rate apartments and 150 workforce housing units for households earning 80 to 120% of area median income, with 587 parking spaces.
What it may mean for the marketA 300-unit mixed-use project adds rental housing and retail to downtown Boynton Beach and advances redevelopment along the North Federal Highway corridor. The project is about 12 miles south of Rapallo South Condo, elsewhere in Palm Beach County.
Source: Florida YIMBY - May 2026Development
25-Story Mixed-Use Tower to Feature Workforce Housing at 120 S Dixie Hwy, West Palm Beach
Developer Jeff Greene proposed a 25-story tower with 399 apartments at 120 S Dixie Highway in downtown West Palm Beach, with about 160 units set aside for households earning at or below 120% of area median income. The plan includes 7,550 square feet of retail and 236 parking spaces and was reviewed by the city's Plans and Plats Review Committee on May 14.
What it may mean for the marketA proposed 25-story mixed-use tower would add rental housing, including income-restricted units, plus retail space to the downtown West Palm Beach market on the South Dixie Highway corridor. The site is less than a mile northeast of Rapallo South Condo.
Source: Florida YIMBY
Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.
Frequently Asked Questions
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Should you buy in Rapallo South Condo?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Community market stats | Beaches MLS closed sales, 12-month windows ending July 15, 2026 |
| Under-contract shares | Beaches MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2005 (103 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Beaches MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
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