Rapallo South
Condos for Sale in West Palm Beach, FL

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.

BeachesMLS sales records identify 71 homes in Rapallo South Condo that have changed hands since 2005, built between 1973 and 1973 (median 1973), with a median living area of about 1,195 sq ft and a typical 2-bedroom, 2-bath layout; 100% are condominiums. Source: BeachesMLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.

Rapallo South Condo is too small for its own price trend, so here is the market around it.

In ZIP 33401, 404 homes are on the market and 17% are under contract — a slower corner of West Palm Beach.

Across Palm Beach County, 10,960 homes are active and 2,777 pending (20% under contract).

In ZIP 33401 (West Palm Beach), 91 homes closed in the last 12 months at a median of $540K ($512/sq ft), with a median 59 days on market. Right now 40 active and 14 pending listings put supply at about 5.3 months — a buyer's market. See the live ZIP 33401 housing market and the Palm Beach County market.

ZIP and county figures describe the wider market, not Rapallo South Condo specifically. Momentum Research analysis of MLS records.

• Palm Beach Public · Elementary
• Forest Hill · High

Zoned schools reflect the assignments reported on recent Rapallo South Condo listings and can change; always confirm with Palm Beach County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any Rapallo South Condo address.

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.

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.