Rapallo South
Condos for Sale in West Palm Beach, FL
All 1,782 homes for sale in West Palm Beach, FL · median $324,900 · 887 condos for sale in West Palm Beach · 320 homes for sale in 33401 · Palm Beach County homes for sale
True comps, carrying-cost math, and listings before the portals.
Market Heat
Photo via Beaches MLS
As of October 2026, Rapallo South Condo in West Palm Beach, FL has 4 homes for sale and 3 pending, asking from $539,000 to $1,250,000 (median $768,000). Over the 12 months ending 2026-09-20, 11 recorded sales closed at a median of $625,000, $601 per square foot, a median 63 days on market, sellers accepting 94% of original asking (-2% versus the prior year). Homes listed or recently sold were built 1973–1973; 18 of 18 report an HOA (median $1,198/mo); none of the 18 geocoded homes sit in a FEMA special flood hazard zone (median elevation 7 ft). At the median price and Palm Beach County's FY2025-26 rate of 18.72 mills, annual property tax runs about $11,700 ($10,930 with the full homestead exemption).
Last 30 days in Rapallo South: 1 new listing (median asking $711,000), 3 under contract right now. As of October 17, 2026, 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.
Homes For Sale Right Now in Rapallo South Condo
Live MLS inventory for Rapallo South Condo. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
Active · 158 daysTop listing
Active · 858 days
Active · 8 days
Active · 80 days
Pending · 20 days
Pending · 132 days
Pending · 22 daysActive and pending Rapallo South Condo listings as of 2026-10-17, priced high to low. 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. Tap any home to ask about it.
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
🟢 Buyer-leaning market. 6.5 months of supply and 0% of the inventory already under contract give buyers above-average negotiating leverage.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Beaches MLS records, as of September 20, 2026. Confidence: High (6 active and pending listings, 11 closed sales in 12 months).
🟡 Off the recent peak. The trailing-12-month median ($625K) is down 2.0% 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 September 20. Confidence: Medium (11 and 7 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated October 18, 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 September 20, 2026): the median sale price is about $625K ($601 per sq ft over the trailing 12 months of closed sales), a median 63 days on market for closed sales, and 6.5 months of supply, a buyer-leaning market. The trailing-12-month median is down 2% from the prior 12 months, computed from record-level Beaches MLS closed sales (11 closings in the current window).
In ZIP 33401 (West Palm Beach), 772 homes closed in the last 12 months at a median of $412K ($363/sq ft), up 0.7% year over year, with a median 62 days on market. Right now 136 active and 43 pending listings put supply at about 4.5 months — a buyer's market. See the live ZIP 33401 housing market and the Palm Beach County market.
BeachesMLS sales records identify 70 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 1,218 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.
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.
The setting & the homes.
Aerial and on-site photos of Rapallo South Condo. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
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Rapallo South CondoPhotos from Beaches MLS listings in Rapallo South Condo; content deemed reliable but not guaranteed.
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 September 20 of each year, from record-level Beaches MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($625K) IS the median in the snapshot above, and the move from 2025 ($638K) IS the -2.0% one-year change.
Windows contain 0 to 21 sales each (11 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.
17% of homes for sale in ZIP 33401 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-10-18).
Rapallo South Condo Market Scorecard
Rapallo South Condo is currently a buyer-leaning market. About 6.5 months of supply, a median asking price of $640,000, and homes go under contract in about 158 days.
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: Beaches MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Rapallo South Condo on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Beaches MLS. Map data © OpenStreetMap contributors.
Schools
- Palm Beach County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- 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.
Shop the zone: Homes zoned for Forest Hill High School
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.
Use your leverage. With inventory sitting, there is room to negotiate on anything dated or overpriced and to ask for repairs or a rate buydown.
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.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Rapallo South Condo buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (5.0). Basis: Recent Direction -2.0% year-over-year; Liquidity & Demand 6.5 months of supply; Pricing Power 93.8% sale-to-list. Refreshed with each data update.
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.
What it really costs to own in Rapallo South Condos for Sale
The parts of the monthly number a mortgage calculator leaves out, from the tax roll, the MLS, Citizens and FEMA. Property facts only.
| Property tax | Current owners' bills run a median of $6,830/yr across 18 listings here (MLS tax records, 2026-10-18). |
|---|---|
| HOA dues | Median $1,198/month across 285 MLS listings (most billed monthly; 2026-10-15). Dues cover what the documents say they cover; ask for the budget and reserve study. |
| Home and flood insurance | The average Citizens Property Insurance premium in Palm Beach County is $1,753/yr (18,387 policies, Citizens detail by county, April 2026); private-market quotes depend on roof age, wind mitigation and construction. |
| Roof and age | Median build year 1973 across 18 listings. An original roof here would be about 53 years old; under Florida's 2022 reform (SB 2-D) carriers may require an inspection past 15 years, so budget for a roof report, and for replacement where it fails. |
Estimated carrying cost at the median asking price, before the mortgage: about $1,913/month (tax $569, HOA $1,198, insurance $146). An estimate from the sources above, not a quote.
Email me new listings in Rapallo South Condos for Sale
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Ask an agent about Rapallo South Condos for Sale
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Rapallo South Condos for Sale will answer, and the answer is published on this page for the next buyer.
HOA, CDD & Fees
- HOA dues reported around $1,198/month (about $14,376/yr) · median of 285 MLS listings, most billed monthly
- Any club/amenity membership is billed separately
Listings in this community report association dues of about $1,198 per month ($14,376 a year) — the median AssociationFee across 285 MLS records, normalised to a monthly figure; most are billed monthly. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-10.
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.
What is your Rapallo South Condo home worth?
Get a no-obligation home value based on real comparable sales in Rapallo South Condo, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See all homes for sale in West Palm Beach →
| Location | West Palm Beach, Palm Beach County, FL · ZIP 33401 |
|---|---|
| Home types (current listings and sales) | condos 100% |
| Amenities listed by sellers | Elevator(s), Fitness Center, Pool, Lobby - Attended, Manager On Site, Trash Chute |
| Sale prices, last 12 months | $625,000 median across 11 closed sales · $601 per sq ft · -2.0% vs the prior 12 months |
| Days on market (closed sales) | 63 median |
| For sale right now | 6 active, 0 pending · median asking $640,000 · 6.5 months of supply |
Data as of September 20, 2026. 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. Market figures describe homes, not residents. Cite as: Momentum Realty, “Rapallo South key facts,” movewithmomentum.com/neighborhoods/rapallo-south-condo, data as of September 20, 2026.
Housing distress & ownership in Rapallo South Condo, West Palm Beach
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. 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.
Just listed in Rapallo South
The newest homes for sale in Rapallo South right now, newest first. Each link opens the full listing with every photo, the price history and a tour request.
- 1801 S Flagler Drive #1411 $711,000 · 2 bd · 2 ba · 1,075 sq ft · 8 days on market Courtesy of Sotheby's Intl. Realty, Inc.
- 1801 S Flagler Drive #104 $539,000 · 2 bd · 2 ba · 1,086 sq ft · 80 days on market Courtesy of Coldwell Banker/ Res. Real Est
- 1801 S Flagler Drive #1007 $1,250,000 · 2 bd · 2 ba · 1,086 sq ft · 158 days on market Courtesy of Sotheby's Intl. Realty, Inc.
- 1801 S Flagler Drive #1804 $825,000 · 2 bd · 2 ba · 1,086 sq ft · 858 days on market Courtesy of United Realty Group, Inc
Checked against the MLS Oct 18, 2026. All new listings in this market.
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Streets in this community
Street-level pages: every home on record, what sold and what is for sale on each street.
- S Flagler Drive (3 homes on record)
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 October 2026.
- September 2026Infrastructure
Palm Beach County approves one-year moratorium on large data centers in unincorporated areas
County commissioners unanimously approved the pause on September 24 after a first reading on August 27. It covers new applications for facilities expected to draw 50 megawatts or more at peak demand, with related parcels counted together. The pause lasts one year or until permanent rules are adopted.
What it may mean for the marketPauses large power-intensive facilities in unincorporated areas while permanent rules are written, which affects industrial land use and grid demand planning. The site is less than a mile north of Rapallo South Condo.
Source: Find Cheap Broadband - August 2026Builder Activity
Banyan Tree Residences wins unanimous Downtown Action Committee approval in West Palm Beach
The West Palm Beach Downtown Action Committee unanimously approved a 25-story, 88-condominium project at 400 Hibiscus Street on August 12. Mast Capital and Curated JCZM Development are partnering with Banyan Group. No construction start or completion dates were given.
What it may mean for the marketAdds a small amount of for-sale condominium inventory at the southern edge of downtown West Palm Beach. The site is less than a mile northeast of Rapallo South Condo.
Source: Florida YIMBY - August 2026Development
Construction progresses on 10 and 15 CityPlace office towers in downtown West Palm Beach
Related Ross is building two office towers in the CityPlace district totaling nearly one million square feet, including the 25-story 15 CityPlace. Both towers are scheduled for completion in 2027.
What it may mean for the marketRoughly one million square feet of new downtown office space expands the local employment base and daytime demand for nearby dining and retail. The site is less than a mile north of Rapallo South Condo.
Source: Florida YIMBY - 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 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 - 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
What is the median home price in Rapallo South Condo?
How long do homes in Rapallo South Condo take to sell?
Is Rapallo South Condo a buyer's or seller's market right now?
Who is the best real estate agent for Rapallo South Condo?
How do I find a top West Palm Beach real estate agent who knows Rapallo South Condo?
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Where is Rapallo South, and what county is it in?
Is Rapallo South a good place to live?
Should you buy in Rapallo South Condo?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | Beaches MLS, refreshed twice daily (last: October 17, 2026) |
| Community market stats | Beaches MLS closed sales, 12-month windows ending September 20, 2026 |
| Under-contract shares | Beaches MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2005 (105 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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More on Rapallo South Condos for Sale in West Palm Beach
- Home values · What homes in Rapallo South Condos for Sale in West Palm Beach actually sell for