Start Your Rapallo One Buyer Consultation
Contact Details

Jesse McGreevy

[email protected]

(239) 898-6072

24031 S Tamiami Trl #101

Bonita Springs, FL 34134

Marc Comisar

(239) 287-5873

Mon to Fri, 9 am to 6 pm

Weekends by appointment

McGreevy and Comisar, Brokered by Domain Realty

By Jesse McGreevy and Marc Comisar, McGreevy and Comisar, Domain Realty Group. Updated September 2026.

Buying in Rapallo One means buying one of 160 condominium residences in 18 buildings inside the gated community of Rapallo at Coconut Point in Estero, in a market where 24 condos closed in the Southwest Florida MLS in the 12 months to September 29, 2026, at a $390,000 median and 22 of the 24 sold below the final list price. This guide sits beside our full Rapallo One neighborhood guide, which holds the history, the recorded documents and the amenities, and it answers a buyer's questions: what a condo costs, what it costs to own, what Florida law gives you before you sign, and how to make an offer.

If you own a home and are buying here, our Rapallo One seller guide and Rapallo One home valuation guide cover the sale side. Buyers comparing agents across the village can set us beside the others in our guide to the best real estate agents in Estero.

A few names need a word. Rapallo Four is a separate 94-unit condominium built in the same product family that trades in the same price band, so this guide reads it together with Rapallo One and says where a figure belongs to Rapallo One alone. The Enclave at Rapallo is the neighboring condominium neighborhood many buyers tour on the same day, and it has its own Enclave buyer guide. Buyers looking across the whole community can use our Rapallo buyer guide. This is the Rapallo One condominium in Estero, Lee County. It is not one of the Rapallo Condominium Apartments associations elsewhere in Florida, and it is not Mirasol at Coconut Point.

Why McGreevy and Comisar Are the Best Realtor for Rapallo One

McGreevy and Comisar are the best realtor for buying in Rapallo One because we represent you with the neighborhood's own recorded closings in hand, read the association documents before you commit, and negotiate every offer ourselves. We are the #1 Team in Southwest Florida since 2012 and Top 1% nationally since 2008.

Buy in Rapallo One with the #1 Team in Southwest Florida since 2012

Marc Comisar and Jesse McGreevy run the search, the offer, the document review and the closing on every buyer we take. We lead Domain Realty Group, and as the leaders of Domain Realty Group our team has closed over $2.5 billion in real estate across Southwest Florida. Our office is in Bonita Springs, a short drive south of Estero, and Coconut Point is a market we work every week.

Recent Rapallo One market record (12 months to September 29, 2026): 24 MLS closings, a $390,000 median sold price, a range of $314,000 to $737,500, a median of 40.5 days on market and a median 96.9% of final list price. In the last 12 months we tracked every one of those 24 closings, and we tracked all 76 the MLS has matched to Rapallo One and Rapallo Four since October 2021. Source: Southwest Florida MLS (Matrix), pulled September 29, 2026, with each closing assigned to its condominium by matching price and date to Lee County's recorded sales.

We publish no count of Rapallo One purchases we represented. None is on file for this neighborhood, and we do not dress a public-record comparison up as our own deal. What we claim is narrower and checkable: we read the state's condominium register, the association's articles, the county roll for all 254 residential parcels and every MLS closing on record since October 2021, and we bring all of it to your first tour.

Honors and recognition:

  • Top 1% Real Estate Agents Nationally Since 2008
  • 5 Star Award for Customer Satisfaction for 21 Straight Years. Only 5 out of 21k+ Licensees (Gulfshore Life Magazine)
  • #1 Team in Southwest Florida since 2012
  • McGreevy and Comisar and their Domain Realty Group team have sold over $2.5 Billion in Real Estate
  • McGreevy and Comisar alone have over $900 million in Sales
  • Nationally Recognized Top Producing Realtors
  • Platinum Sales Production Award Winners

How We Represent a Buyer, and Who Actually Does It

You get Marc and Jesse, not an assistant with a template. Marc Comisar runs the search, the tours and the negotiation. Jesse McGreevy runs the data, the pricing and the document and closing paperwork. Reach Marc at (239) 287-5873 or Jesse direct at (239) 898-6072, and read how the partnership works on our about McGreevy and Comisar page.

Selling your Rapallo One home? Get a free home valuation or Call Jesse direct at (239) 898-6072.

Buying in Rapallo One? Call Marc at (239) 287-5873 or read how we represent buyers in Southwest Florida.

Key Takeaways

Rapallo One buyers who read nothing else on this page should know these ten facts, each sourced in the sections below. They decide your price, your monthly cost and your paperwork more than any listing photo will, and each one is specific to this 160-unit condominium and its sibling Rapallo Four.

  • Buyers have room to negotiate. In the 12 months to September 29, 2026, 24 condos closed at a $390,000 median, 22 below the final list price and none above, at a 96.9% median of list and a median gap of $14,450.
  • Price follows floor plan. Two-bedroom-plus-den homes closed at $350,000 (11 sales) and three-bedroom homes at $412,000 (10), and by MLS living area from $337,500 under 1,400 square feet to $635,000 at 2,000 and up.
  • The market has reset. The MLS median was $557,500 in 2024 (8 closings) and $390,000 in 2025 (18), and days on market rose from 8 in 2022 to 50 in 2026.
  • The fee is the number to underwrite. The two verified Rapallo One entries show $2,663.11 and $2,663 a quarter, about $10,652 a year, and the community page says the bundle includes cable, internet, water, sewer and exterior insurance.
  • It is a Chapter 718 condominium. The seller supplies the Section 718.503 documents, and your contract lets you cancel within 7 days, excluding weekends and holidays, or acknowledges you had them more than 7 days before signing.
  • You will pay a reported $100 transfer fee and $100 application fee, and the estoppel tells you whether any other transfer fee or capital contribution is due.
  • Buildings are 19 to 21 years old. Ask for the reserve schedule, the last three budgets, any milestone or reserve-study report and the master policy deductible.
  • Rentals are limited. The community page reports a three-lease cap, 30 to 90 day minimums and no short-term rentals.
  • Flood zone is address-specific. Four street points we tested returned Zone X, one of them a 0.2 percent annual chance area, so get your own building's determination.
  • You need a written buyer agreement before touring. Since August 17, 2024 compensation is negotiable and is stated in writing, and we explain it before the first showing.

Table of Contents

The Essentials: What Does It Take to Buy a Condo in Rapallo One? · What Is the Rapallo One Market Like for Buyers Right Now? · What Have Rapallo One Condos Sold For? · What Does a Rapallo One Condo Cost by Size and Bedrooms? · What Is for Sale in Rapallo One Today? · How Do Rapallo One Prices Compare With the Other Rapallo Neighborhoods? · Rapallo One vs The Enclave at Rapallo: Which One Should You Buy In? · What Does Florida Law Give a Rapallo One Buyer Before Contract?

The Details: How Do the Estoppel Certificate and Association Approval Work in Rapallo One? · What Should You Inspect Before Buying in Rapallo One? · How Do You Insure a Rapallo One Condo? · What Will You Pay Each Month to Own a Rapallo One Condo? · What Are Buyer Closing Costs in Rapallo One? · How Does Buyer Representation Work After the NAR Settlement? · Can You Finance a Rapallo One Condo? · How Do We Find You the Right Home in Rapallo One?

Costs, Law and Rules: How Do We Negotiate for You in Rapallo One? · Which Rapallo One Rules Decide Whether a Home Works for You? · Is Rapallo One the Right Place for You to Buy? · What Do Buyers Say About Working With McGreevy and Comisar? · Get Your Personalized Rapallo One Buyer Consultation · Why Does a Rapallo One Specialist Matter for a Buyer? · Thinking of Selling Your Rapallo One Home? List With the #1 Team in Southwest Florida Since 2012 · Frequently Asked Questions, Buyer Edition: Buying a Condo in Rapallo One

Questions, Contacts and Sources: Frequently Asked Questions, Selling One Home to Buy in Rapallo One · Your Local Real Estate Experts · Sources and Authoritative References · Downloadable Documents · How Do You Reach the Rapallo One Buyer Team Today?

What Does It Take to Buy a Condo in Rapallo One?

Buying a Rapallo One condo takes six steps: set a budget on the full monthly cost, sign a written buyer agreement, choose the plan, negotiate the offer, review the association documents and inspect and insure, then close. We guide each one, and the condominium documents are the step that differs most from buying a house.

Step One: Set the Budget With the Full Monthly Cost

Start with the quarterly fee, about $2,663 on the two verified entries or $888 a month, then add electricity, the interior policy, property tax reset to the purchase price and your mortgage. A lender counts the fee in your debt-to-income ratio, so the bundle is part of the qualifying math.

Step Two: Sign the Written Buyer Agreement

Since August 17, 2024 a buyer's agent needs a written agreement before touring a home, stating the agent's compensation and that it is negotiable. We explain the terms before you sign, and the section on the NAR settlement below covers them.

Step Three: Choose the Plan

The MLS records three configurations here: two bedrooms, two bedrooms plus a den and three bedrooms, from 1,238 to 2,330 heated square feet on the county roll. We tour by plan and size, and we tour one condo each in Rapallo One, the Enclave and Villas Two on the same day.

Step Four: Make and Negotiate the Offer

We price the offer from the closings for your plan, then negotiate credits, the closing date and the document review. Twenty-two of the last 24 closings sold below the final list price, so an offer below ask is normal here, and we say how far below the record supports.

Step Five: Review the Documents, Inspect and Insure

You receive the declaration, articles, bylaws, rules, budget and the state's Frequently Asked Questions document. You inspect the unit, ask about the building, and get an insurance quote for the interior and, if you need it, flood. The review period runs in parallel with the inspection.

Step Six: Close

The estoppel confirms what the seller owes, the closing agent prorates taxes and fees, and you pay your closing costs and record the deed. We coordinate the association's approval, if the documents require it, so it does not hold the closing date.

What Is the Rapallo One Market Like for Buyers Right Now?

The Rapallo One market favors buyers who are prepared: 24 MLS closings in 12 months at a $390,000 median, 22 below the final list price, a 40.5-day median on market and a 96.9% median sold-to-list. Twenty-four sales a year gives real comparables, and the record shows a buyer can negotiate below ask.

Data updated: September 2026 (Southwest Florida MLS Matrix, pulled September 29, 2026; Lee County Property Appraiser recorded sales through July 29, 2026)

The MLS carries one subdivision string, RAPALLO, for the whole community, so the association is not in the MLS record. We matched each of the 142 closings under that name to Lee County's recorded sales by price within 45 days, then to the parcel's legal description. Seventy-six matched a Rapallo One or Rapallo Four parcel, 65 matched a parcel in another Rapallo association and one closed after the county file ends on July 29, 2026 and cannot be placed. The match is a strong inference, not a record of the sale.

The Four Windows

Window to September 29, 2026

MLS closings

Median sold

Median $ per MLS sq ft

Median days on market

Median sold-to-list

12 months, first window with 10 or more

24

$390,000 (mean of $390,000 and $390,000)

$236.85

40.5

96.9%

24 months

35

$390,000 (the middle sale)

$245.04

46

96.7%

36 months

46

$417,500 (mean of $415,000 and $420,000)

$252.08

37

97.1%

60 months

76

$419,000 (mean of $418,000 and $420,000)

$270.31

16

97.7%

Medians use the mean of the middle pair when the count is even. Five of the 76 assigned closings also appear in a sibling neighborhood's list, and one December 2025 sale at $390,000 probably belongs to the Enclave. Without it the 12-month window is 23 closings at the same $390,000 median.

What the Windows Say to a Buyer

The 60-month figures include the fast 2022 and 2023 market, when the median days on market were 8 and 17 and 11 of 21 closings in 2021 and 2022 sold above the final list price. The 12-month window is the market you are buying in: slower, softer and negotiable.

Where Buyers Have the Most and Least Leverage

Buyers had the most leverage on the longest-listed homes: the 7 closings that took more than 90 days in the last 12 months had a $375,000 median. They had the least on the fast ones: 11 closings took 30 days or fewer, and a well-priced condo can go quickly. The lesson is to be ready, not to wait for a price cut.

Supply

We do not quote the number of Rapallo One condos for sale, because an active listing has no county sale to match against, so we cannot say which association it belongs to. Call Marc at (239) 287-5873 for a current list read from each listing's address. Against 24 closings a year in a 254-home pool, about one home in ten changes hands each year.

What Have Rapallo One Condos Sold For?

Rapallo One condos closed 24 times in the MLS in the 12 months to September 29, 2026, from $314,000 to $737,500, with a $390,000 median and a $236.85 median per MLS square foot. The longer record, 76 closings in 60 months at a $419,000 median, shows how far prices have reset.

Data updated: September 2026 (Southwest Florida MLS Matrix, pulled September 29, 2026; Lee County Property Appraiser recorded sales through July 29, 2026)

Every Closed Sale, Newest First

Each row shows month, price, bedrooms, MLS living area, days on market and sold-to-list, and nothing that identifies a home or an owner. The 24 rows are public MLS record matched to Rapallo One; none is a purchase we represented.

Month closed

Sold price

Bedrooms

MLS living area (sq ft)

Days on market

Sold to final list

June 2026

$340,000

3 bed

1,436

123

97.1%

May 2026

$335,000

2 bed

1,317

129

94.4%

May 2026

$350,000

2 bed plus den

1,342

17

95.1%

May 2026

$340,000

2 bed plus den

1,612

51

97.1%

May 2026

$314,000

2 bed plus den

1,342

57

95.4%

April 2026

$405,000

2 bed plus den

1,836

15

97.6%

April 2026

$380,000

3 bed

1,436

138

95.0%

April 2026

$420,000

3 bed

1,836

50

95.7%

March 2026

$435,000

2 bed

1,836

77

96.7%

March 2026

$395,000

2 bed plus den

1,612

107

98.8%

March 2026

$380,000

3 bed

1,606

24

92.5%

March 2026

$599,000

3 bed

2,584

7

100.0%

February 2026

$404,000

3 bed

1,606

6

98.3%

February 2026

$339,000

2 bed plus den

1,342

2

100.0%

January 2026

$635,000

3 bed

2,492

66

97.7%

January 2026

$737,500

3 bed

2,584

28

94.7%

January 2026

$425,000

3 bed

1,836

1

95.5%

December 2025

$585,000

2 bed plus den

1,966

330

97.7%

December 2025

$390,000

2 bed plus den

1,836

10

95.1%

November 2025

$333,000

2 bed plus den

1,606

9

96.5%

November 2025

$390,000

3 bed

1,612

11

97.5%

October 2025

$337,500

2 bed plus den

1,342

218

97.8%

October 2025

$390,000

2 bed plus den

1,732

31

97.7%

October 2025

$375,000

2 bed

1,660

100

85.3%

The window totals $10,034,000 in volume. Twenty-two sold below the final list price, two sold at it and none above, and four sold below 95% of it.

Ready to Buy in Rapallo One? Talk to Jesse and Marc

Rapallo One had 24 MLS closings in the last 12 months at a $390,000 median, and the buyer who tours with the closings, the fee and the documents in hand negotiates from strength. Call Marc at (239) 287-5873 and read how we represent buyers in Southwest Florida. If you own a home and are buying here, request a free home valuation or Call Jesse direct at (239) 898-6072.

Sales by Price Band

Price band (12 months)

Closings

Median sold

Median days on market

Under $350,000

7

$337,500

57

$350,000 to $399,999

8

$385,000

27.5

$400,000 to $449,999

5

$420,000

15

$450,000 and up

4 (small sample)

$617,000

47

The under-$350,000 band took the longest to sell, a 57-day median, and the $400,000 to $449,999 band the shortest, a 15-day median, though each band is a small sample.

The Top and the Bottom of the Range

The lowest sale was $314,000 in May 2026 for a 1,342 square foot two-bedroom-plus-den home, and the highest was $737,500 in January 2026 for a 2,584 square foot three-bedroom home that sold in 28 days at 94.7% of its ask. The range is wide because the product is: three sizes of condo under one name.

What Does a Rapallo One Condo Cost by Size and Bedrooms?

A Rapallo One condo costs about $337,500 under 1,400 square feet, $380,000 from 1,400 to 1,699, $420,000 from 1,700 to 1,999 and $635,000 at 2,000 and up, by 12-month MLS medians, and by bedroom label $350,000 for two-plus-den and $412,000 for three-bedroom. Size matters more than the label.

Data updated: September 2026 (Southwest Florida MLS Matrix, pulled September 29, 2026)

By Living Area

MLS living area

Closings, 12 months

Median sold

Range

Median $ per MLS sq ft

Under 1,400 sq ft

5

$337,500

$314,000 to $350,000

$252.61

1,400 to 1,699 sq ft

9

$380,000

$333,000 to $404,000

$236.77

1,700 to 1,999 sq ft

7

$420,000

$390,000 to $585,000

$228.76

2,000 sq ft and up

3 (small sample)

$635,000

$599,000 to $737,500

$254.82

By Beds and Baths

MLS bedroom label

12-month closings

12-month median

60-month closings

60-month median

2 bed

3 (small sample)

$375,000

5 (small sample)

$380,000

2 bed plus den

11

$350,000

40

$407,500

3 bed

10

$412,000

31

$495,000

Every Rapallo One closing in the MLS record is a two-bath home, so baths do not separate prices and size and plan do.

What to Read Into the Size Table

Small homes cost more per foot, and mid-size homes cost the least per foot, so a buyer who wants room gets it at a lower rate in the 1,700 to 1,999 square foot range. The largest tier is only three sales, so treat it as a range and not a rate.

Measures of Area and the Roll

The county roll records 15 heated sizes in Rapallo One, from 1,242 to 2,330 square feet, while some MLS listings show 2,492 and 2,584 of living area. The two measures are not reconciled, so compare like with like. On the roll, 15 Rapallo One homes are two-bedroom and 145 are three-bedroom, and the county appears to count a den as a bedroom.

What Is for Sale in Rapallo One Today?

We do not quote a listing count for Rapallo One, because the MLS carries one subdivision string for all of Rapallo and an active listing cannot be assigned to its association the way a closing can. For a current, address-level list of Rapallo One condos for sale, call Marc at (239) 287-5873.

Data updated: September 2026 (Southwest Florida MLS Matrix, pulled September 29, 2026)

How to Read a Listing Count

Read the count with the sales next to it: 24 closings a year in a 254-home pool means a buyer usually has a handful of comparable listings, and a home priced above the recent closings for its plan is likely to wait. Our Rapallo One home valuation guide shows how we set the number for a specific plan.

The Neighbor Next Door

The Enclave at Rapallo had 12 MLS closings in the last 12 months at a $397,500 median and a 21-day median on market. Buyers who cannot find the right plan in Rapallo One often find it there, so tour both.

Which Listings Fit Which Buyer

A buyer who wants the lowest entry price looks at the under-1,400 square foot plans, closings at $314,000 to $350,000, and a buyer who wants a den or a third bedroom starts with the two-plus-den plans at a $350,000 median and the three-bedroom plans at $412,000. A buyer who wants more than 2,000 square feet looks at the top tier and at Villas Two.

How Do Rapallo One Prices Compare With the Other Rapallo Neighborhoods?

Rapallo One is the largest of the three Rapallo neighborhoods with their own pages: 254 residences with Rapallo Four, a $390,000 median on 24 closings, against $397,500 on 12 for the Enclave with Rapallo Three and one sale at $800,000 for Villas Two. Villas Two is a different, larger product.

Data updated: September 2026 (Southwest Florida MLS Matrix, pulled September 29, 2026; Lee County Property Appraiser 2026 roll)

The Neighborhoods at a Glance

Neighborhood

Units on the county roll

Regime

Year built

MLS closings, 12 months

12-month median

Rapallo One (with Rapallo Four)

254 (160 and 94)

Condominium, Chapter 718

2005 to 2007

24

$390,000

The Enclave at Rapallo (with Rapallo Three)

207 (90 and 117)

Condominium, Chapter 718

2006 to 2007

12

$397,500

Rapallo Villas Two

78

Condominium, Chapter 718

2005 to 2007

1 (small sample)

$800,000 (one sale)

What the Benchmark Means for a Buyer

Rapallo One has twice the closings of the Enclave and a wider range of sizes, which means more choice and more comparables. Villas Two has 78 homes, all three-bedroom, from 1,665 to 3,554 heated square feet, and closed 17 times in 60 months at a $695,000 median.

Which Neighbor to Tour on the Same Morning

Tour one condo in Rapallo One and one in the Enclave for the same plan, then Villas Two if you want more space. A side-by-side tour tells you more than any median. The three neighborhoods hold 539 residential parcels on the county roll against the community's stated 540 units, a one-unit gap we cannot resolve.

Rapallo One vs The Enclave at Rapallo: Which One Should You Buy In?

A buyer choosing between Rapallo One and The Enclave at Rapallo compares a $390,000 median on 24 MLS closings and a 40.5-day median market time against a $397,500 median on 12 closings and a 21-day median. Rapallo One offers more choice and more sizes; the Enclave is slightly newer and has sold faster.

Data updated: September 2026 (Southwest Florida MLS Matrix, pulled September 29, 2026; Lee County Property Appraiser 2026 roll)

The Decision Table

Factor

Rapallo One (with Rapallo Four)

The Enclave at Rapallo (with Rapallo Three)

Residential parcels (2026 roll)

254

207

Regime

Condominium, one association each for One and Four

Condominium, one association each for the Enclave and Three

Built

2005 to 2007, median 2006

2006 to 2007, median 2006

Bedrooms (roll)

28 two-bedroom, 226 three-bedroom

9 two-bedroom, 198 three-bedroom

Heated area (roll)

1,238 to 2,330, median 1,500

1,239 to 2,284, median 1,612

MLS, 12 months

24 closings, $390,000 median

12 closings, $397,500 median

MLS, 60 months

76, $419,000

49, $440,000

Median $ per MLS sq ft, 12 months

$236.85

$243.49

Median days on market, 12 months

40.5

21

Median sold-to-list, 12 months

96.9%

95.6%

County qualified sales, since September 29, 2025

23, $390,000 median

11, $400,000 median

The Dollar Gap

The Enclave's 12-month median is $7,500 above Rapallo One's, and over 60 months its $440,000 sits $21,000 above Rapallo One's $419,000. A $7,500 gap on 12 sales is noise, so compare floor plan against floor plan and not the headline medians.

Who Should Choose Rapallo One

A buyer who wants the widest choice of plans in the community's core, a home over 2,000 square feet at a 12-month median of $635,000, or the largest pool of recent comparables to test an offer against.

Who Should Choose the Enclave

A buyer for whom a slightly newer 2006 to 2007 building set and a shorter market time matter more. The Enclave sold faster but at a lower 95.6% median sold-to-list, so Enclave buyers negotiated harder on a shorter list time. Its own Enclave buyer guide has the detail.

What the Comparison Means for Your Offer

Do not offer off the Enclave's headline median. Offer from the Rapallo One closings for the plan you want, and use the Enclave to test whether Rapallo One's ask is fair on the day.

What Does Florida Law Give a Rapallo One Buyer Before Contract?

Florida law gives a Rapallo One buyer, at the seller's expense, the declaration, articles, bylaws and rules, the annual financial statement and budget, the state's Frequently Asked Questions document and any milestone or reserve-study paperwork that applies, with a 7-day acknowledgement or cancellation right, plus tax and flood disclosures. This is information, not legal advice.

The Condominium Buyer: Section 718.503

Section 718.503(2) entitles a buyer of a resale condominium unit, at the seller's expense, to the declaration of condominium, the articles of incorporation, the bylaws and rules, the annual financial statement and budget, the inspector-prepared milestone summary where one applies, the most recent structural integrity reserve study or a statement that none has been completed, and the Frequently Asked Questions and Answers document. The resale contract must state either that you received the documents more than 7 days before signing, excluding Saturdays, Sundays and legal holidays, or that you may cancel within 7 days after signing and receipt. The right ends at closing, and a waiver has no effect.

Why the Homeowners' Association Fork Does Not Apply

Section 720.401(2) says the homeowners' association disclosure summary does not apply to associations under chapters 718, 719, 721 or 723. Rapallo One is a Chapter 718 condominium, so your protection is the Section 718.503 package and not a 720.401 summary. The master entity, The Club at Rapallo, Inc., has its own recorded documents that we have not read, so how it fits is a question for your closing agent or attorney.

What We Know and Do Not Know About the Documents

We read the association's articles and the state's condominium register. We did not read the recorded declaration, which the Lee County Clerk publishes through an interactive search, or the budget, rules and reserve schedule, which come from the association. So we tell you what each document controls and where to get it, and we do not guess its terms.

The Milestone and Reserve-Study Statement

If an association is required to have a milestone inspection or a structural integrity reserve study and has not completed one, each contract entered into after December 31, 2024 must carry a conspicuous statement saying so. Most Rapallo One buildings have two residential floors, below the three-story threshold, and the buildings over ground-floor parking are a question for the association's engineer.

The Property Tax Disclosure and the Flood Disclosure

Section 689.261 requires a property tax disclosure summary at or before signing, warning that a change of ownership can reset the assessed value, so do not rely on the seller's bill. Section 689.302 requires the seller to complete a flood disclosure at or before signing, covering known flooding, insurance claims and flood assistance. We put both in front of you before you sign.

How Do the Estoppel Certificate and Association Approval Work in Rapallo One?

The estoppel certificate is the association's written statement of what the seller owes, whether a transfer or capital contribution fee is due and whether board approval of the transfer is required. Section 718.116(8) makes the association deliver it within 10 business days, and a Rapallo One buyer should read it before closing.

The Estoppel Certificate

The certificate lists the regular assessment, the date it is paid through, any special assessment, whether a capital contribution, resale or transfer fee is due, whether any rule violation is open, whether board approval or a right of first refusal applies and the insurance contacts. It is effective for 30 days if delivered by hand or electronically. An association that relies on it in good faith is bound, and a buyer who relies on it in good faith is protected.

Transfer and Application Fees

The community page reports a $100 transfer fee and a $100 application fee. The estoppel form asks whether any such fee is due and the amount. We confirm the figures with the association because we could not verify them from a record we read.

Board Approval of the Sale

The articles give the board power to approve or disapprove the transfer, mortgage, ownership and occupancy of units as the declaration and bylaws provide. We could not confirm from a record we read whether a sale here needs approval or how long it takes. The estoppel asks the question in writing, and we plan the closing date around the answer.

After Closing: Gates and Access

Rapallo is a gated community with five resident-only pedestrian gates. After closing, the association or its manager sets up your gate access and guest registration. Ask before you close how that works so you are not locked out on move-in day.

What Should You Inspect Before Buying in Rapallo One?

Before buying in Rapallo One, inspect the unit and ask about the building: air handler and water heater ages, windows and lanai, signs of water intrusion, the elevator in the taller buildings, the roof and paint schedule and the reserve balance. The buildings were built in 2005 and 2006, so systems are entering their replacement window.

The Roof and the Insurance Clock

The association maintains the roof and building exterior. The community page reports roofs were replaced across the community around 2022 and 2023, but we did not read a permit or association minute that confirms which Rapallo One buildings were done, so ask for the date, the permit and the warranty for your building.

Air Conditioning, Water Heater and Plumbing

Original air handlers and water heaters are near the end of their life in a 2005 or 2006 unit unless replaced. Ask the seller for dates and invoices, and have the inspector test the system and the drain lines.

Windows, Doors and Hurricane Protection

The developer describes 130 mph impact-rated glass, and the association controls the exterior, so replacement glass needs approval. Ask what specification the association accepts, and ask the inspector about seals and the lanai enclosure.

Water Intrusion and the Lower Floors

Ask the association whether any building had water intrusion, including in Hurricane Ian. We found no primary report of Rapallo-specific flooding in that storm, which is an absence of evidence and not proof.

Elevators, Parking and Storage

The developer describes a private elevator to the upper floors of the terrace buildings, in-building reserved parking and storage, and two-car attached garages in the carriage homes. Elevators are a reserve item as buildings age, so ask for the maintenance and replacement schedule, and confirm which space is assigned to your unit.

Permits and Wind Mitigation

The Village of Estero issues permits within its limits and Lee County holds older records. Search the building's permit history for roofs, windows, water heaters and air handlers. A wind mitigation report on the unit, on the state's uniform form, can lower the insurance quote.

How Do You Insure a Rapallo One Condo?

You insure a Rapallo One condo with an HO-6 policy on the interior, contents and liability, because the association's master policy covers the building exterior and common elements under Section 718.111. Loss assessment coverage under Section 627.714 defaults to $2,000, and flood coverage is a separate policy your lender or your risk may require.

The Master Policy and Your HO-6

The master policy covers the building exterior. Your HO-6 covers what is inside, and you should ask the association for the master policy's deductible, because a large wind deductible can become an assessment on owners. Raise the loss assessment coverage if the deductible is large.

Flood Insurance

Zone X at the four points we checked is favorable, and a lender generally does not require flood insurance there. Homeowners' policies do not cover flood, so ask an agent what coverage costs at your building, and use FloodSmart for the federal program. Citizens says flood coverage becomes required on its wind policies in phases from January 1, 2027.

The Community Rating System Discount

The Village of Estero's Community Rating System page lists Class 6 and a 20 percent discount. Ask your agent how it applies to a flood policy on your building.

Wind and Storm

The community page describes Rapallo as inland, and Lee County's evacuation layer places it in Evacuation Zone C and storm surge zone 3 at the points we checked on October 17, 2026. The National Hurricane Center's report on Ian and the Village's evacuation zone map are the primary references for wind and surge.

What Will You Pay Each Month to Own a Rapallo One Condo?

Owning a Rapallo One condo costs a quarterly association fee near $2,663, about $888 a month, plus electricity, an HO-6 policy, property tax reset to your purchase price and your mortgage. The fee is the number a lender counts, and the bundle includes cable, internet, water, sewer and exterior insurance that a house owner pays separately.

Data updated: September 2026 (two Rapallo One MLS listing entries; the Rapallo community guide; Florida statutes as cited)

The Fee Stack

Two MLS listing entries for Rapallo One parcels, one on Via Lungomare Circle and one on Piazza Doria Lane, show $2,663.11 and $2,663 a quarter, about $10,652 a year. That is two data points and not a fee schedule, and fees vary by unit size, so the association's budget is the authority. At a $390,000 price the annual fee is about 2.7% of price.

What the Budget Pays For

The community page says the bundle covers cable, internet, water, sewer, building exterior insurance, landscaping, pest control, security and reserves. We did not read the budget, so we confirm the list. Electricity, the interior policy and any personal assessments are not in it. Whether the master club's operating cost sits inside the fee is a question for the budget.

A Discrepancy We Found

The community page's quarterly samples run from $2,543.03 to $2,663.11 across the Rapallo associations, but several sample addresses belong to Rapallo Three on the county roll. We use only the two Rapallo One entries above. Older developer marketing that quoted a combined monthly fee of $499 reflects pre-2008 pricing and is not a current figure.

What Down Payments Look Like at the Median

Down payment at a $390,000 price

Cash down

Amount financed

3%

$11,700

$378,300

5%

$19,500

$370,500

10%

$39,000

$351,000

20%

$78,000

$312,000

Arithmetic on the 12-month median, not a loan offer. The Freddie Mac Primary Mortgage Market Survey publishes the current rate weekly, and we do not quote one here because it changes.

The Tax Reset

The county tax bill follows the assessed value, which can reset after a sale, so do not use the seller's bill. Ask the Lee County Tax Collector or the closing agent for an estimate at your purchase price. If the condo will be your permanent home, ask the Lee County Property Appraiser about the homestead exemption and how the assessment limit works.

What Are Buyer Closing Costs in Rapallo One?

Buyer closing costs in Rapallo One follow the Lee County custom: the buyer pays recording, the lender's title policy, the mortgage taxes and the reported $100 transfer and $100 application fees, while the seller customarily pays deed stamps, the owner's title policy and the estoppel. The contract controls, and the closing agent's statement is the authority.

Data updated: September 2026 (Florida statutes and rate rules as cited; Lee County custom)

The Lee County Custom

In Lee County the seller customarily pays the $0.70 per $100 deed documentary stamp tax, about $2,730 at $390,000, and the owner's title policy, about $2,025 on the state's promulgated schedule, plus the estoppel and the municipal lien search. In Collier County the owner's policy custom reverses. Custom is not law, and the purchase contract allocates each line.

Taxes on the Mortgage

A new mortgage carries documentary stamp tax of $0.35 per $100 of the note and a nonrecurring intangible tax of $0.002 per $1 of the mortgage, both published by the Florida Department of Revenue. On a $312,000 loan, the 80% case above, that is $1,092 in note stamps and $624 in intangible tax. A cash purchase pays neither.

Recording, Title and Other Lines

Recording the deed costs about $18.50 to $35.50 under Section 28.24. The lender's title policy is a buyer cost, and a title search, settlement fee and lien letters vary by company. Add the reported $100 transfer and $100 application fees, and ask the closing agent for the estimate.

Prorations and Prepaids

Florida property taxes are billed in November and paid in arrears, so the seller credits you for the days owned before closing. The quarterly association fee is prorated, and the estoppel shows the paid-through date. A lender usually adds prepaid interest and may require an escrow for taxes and insurance.

How Does Buyer Representation Work After the NAR Settlement?

Since August 17, 2024 a buyer's agent in Florida needs a written buyer-broker agreement before touring a home, stating the agent's compensation and that it is negotiable and not set by law. Offers of compensation can no longer be advertised in the MLS. We explain the terms before you sign and before the first Rapallo One showing.

What the Written Agreement Says

It names the agent and the term, states the compensation as a specific amount or rate and says compensation is fully negotiable. You can read the National Association of REALTORS' explanation of the practice changes and its buyer-agreement primer, both linked in the sources below.

Who Pays the Agent

Compensation is negotiated. A seller may offer to pay or contribute toward the buyer's agent, off the MLS, and sellers may still offer concessions such as a contribution to closing costs. What is not paid by the seller is the buyer's responsibility under the agreement, so we work out with you in advance how it fits your budget.

Florida's Brokerage Relationship Rules

Section 475.278 governs the brokerage relationships a Florida licensee may have with a residential buyer and requires a written notice of the relationship. We explain the options, and what each means for confidentiality and loyalty, before you sign anything.

Can You Finance a Rapallo One Condo?

You can finance a Rapallo One condo with a conventional, FHA or VA loan, but the lender reviews the condominium project as well as you, so ask early. We did not verify any program's approval status for Rapallo One, and we do not quote a rate, because the Freddie Mac survey publishes the current one weekly.

Conventional, FHA and VA

Conventional loans sold to Fannie Mae follow its Selling Guide project standards, and FHA and VA loans have their own condominium project rules. A lender may ask the association for a questionnaire covering its budget, reserves, insurance, owner-occupancy mix and delinquency rate, and we ask your lender at the start whether Rapallo One qualifies for the program you want.

Condominium Project Review

The association's budget and reserve balance, the master policy and the delinquency rate all matter to a project review. That is one more reason to read the budget and reserve schedule early, and to ask about any milestone or reserve-study report.

First-Time and Down Payment Programs

The Florida Housing Finance Corporation publishes first-time buyer and down payment assistance programs with income and price limits. Ask a participating lender whether you qualify and whether a condominium is eligible, and we coordinate the timing with your contract.

Cash Buyers

A cash purchase skips the lender's project review, the mortgage taxes and the appraisal, but the Section 718.503 documents, the estoppel and the inspection still apply. Cash sometimes buys a shorter closing, and it does not buy a better price on its own.

Before You Borrow

The Consumer Financial Protection Bureau's Owning a Home tools explain the loan estimate and closing disclosure, and we walk through them with you. Compare the total monthly cost, including the fee, and not the payment alone.

How Do We Find You the Right Home in Rapallo One?

We find you the right Rapallo One home by starting with your plans, touring by floor plan and size with the recent closings in hand, and reading each listing's address to place it in the right Rapallo association. Marc watches new listings and long listings, and tells you what the record says about each.

Start With Your Plans

How you will use the home decides the plan: seasonal or year-round, den or third bedroom, parking, storage, and how much of the club you will use. We turn that into a short list of plans and sizes before we tour.

Tour With the Record in Hand

We bring the closings for the plan, the fee, the association's documents that we have and the questions to ask. We tour one condo in Rapallo One, one in the Enclave and one in Villas Two on the same day when the plan allows.

Watch for the Long Listings

A condo that has sat more than 90 days is a chance to negotiate: 7 of the last 24 closings took that long, at a $375,000 median. We tell you whether the price, the condition or the timing explains it.

How Do We Negotiate for You in Rapallo One?

We negotiate for you in Rapallo One from the closings, the condition of the unit and the paperwork: the offer price against the recent sales for the plan, credits against price cuts, the review and inspection windows, and the closing date. Twenty-two of 24 recent closings sold below the final list price, so a reasoned offer is normal.

Pricing the Offer

We price the offer from the closings for your plan and size, adjusted for time and condition, and we tell you how far below ask the record supports. A median 96.9% of final list is a guide and not a rule.

Using the Review Windows

The Section 718.503 clause gives you 7 days, excluding weekends and holidays, to review the documents, or confirms you had them before signing. We use that time, together with the inspection, to decide whether to proceed, ask for a credit or walk away.

Credits Versus Price Cuts

When an inspection turns up a real item, a credit at closing or a price reduction can each work, depending on your loan's limits on seller credits and on what the seller will accept. We run both numbers and recommend the one that fits your loan and your goal.

The Deposit and the Closing Date

The deposit amount and the closing date are negotiated, and the closing agent holds the deposit in escrow. The estoppel, any board approval and your lender's condominium review can all affect the date, so we plan the calendar backwards from closing.

Which Rapallo One Rules Decide Whether a Home Works for You?

The Rapallo One rules that decide whether a home works for you are the reported limits on leasing, the board's power over transfers and occupancy, exterior-change approvals, parking assignment and pet rules we could not verify. We read the articles and did not read the declaration or rules, so confirm each before you offer.

Leasing: Three Leases, 30 to 90 Days, No Short-Term Rental

The community page reports a maximum of three leases a year, minimum terms of 30 to 90 days and no short-term or vacation rentals. We could not confirm which of the 30-to-90-day figures applies to Rapallo One, so ask the association for the current text if you might lease.

Pets

We found no pet limit in any public record. Ask the manager for the rules on size, number and leash, and remember that federal fair housing guidance on assistance animals applies in every association whatever its pet limit says.

Exterior Changes and Parking

The association controls the building exterior, so windows, balconies, doors and lanai enclosures need approval. The estoppel lists the parking space assigned to your unit, and the developer describes in-building parking and storage in the terrace buildings and garages in the carriage homes.

Age and Amenities

The community page states that buyers of any age may purchase, and none of the public records we read places an age restriction on Rapallo One. The club, with lighted Har-Tru courts, a 25-meter lap pool and a boardwalk through the Halfway Creek preserve, is reported as included with each residence. There is no golf course and no community development district.

Is Rapallo One the Right Place for You to Buy?

Rapallo One is the right place for a buyer who wants a gated, club-included condominium beside Coconut Point at a $390,000 median, with a bundled quarterly fee near $2,663 and a walk to shopping and dining. It asks more of a buyer who wants nightly rentals, a golf course or a detached home.

What the Property Offers

A two- or three-bedroom condo of about 1,240 to 2,330 heated square feet on the roll, a club with courts, a lap pool and a boardwalk, five pedestrian gates into Coconut Point, a bundled fee and an inland Zone X location at the points we checked. The developer's archived pages describe concrete-block construction and impact glass, which we ask you to verify with the association.

Where It Asks More of You

The fee is heavy at about 2.7% of a $390,000 price, the buildings are 19 to 21 years old, rentals are limited and the documents sit behind a request. Coconut Point and US-41 keep changing, and in March 2026 the Village's planning board criticized a 365-unit apartment plan and asked for a redesign.

Who Should Look Elsewhere

Buyers who want nightly rentals, an on-site golf course, a detached house or a large lot should compare other Estero communities, and we can show you those on our Estero buyer guide. We describe the property and never who should live there.

Location

Coconut Point, which Simon operates, is across US-41 and its own page counts more than 110 stores. The Lee Health Coconut Point emergency department is about three minutes from the main gate by the community page's count.

Schools

Rapallo One addresses sit in the School District of Lee County's elementary Proximity Zone Q, middle Zone GG and High School South Zone, Sub-zone 3 on the district's 2026 to 2027 map, read at our sample points on October 17, 2026. Zone Q elementary schools are Bonita Springs, Pinewoods, San Carlos Park, Spring Creek and Three Oaks; Zone GG middle schools are Bonita Springs Middle and Three Oaks Middle; South 3 high schools are Bonita Springs High, Estero High and South Fort Myers High. Families rank the schools in their zone and the district places students by preference, proximity and lottery, so no school is assigned by address; confirm yours with the district's school locator. Lee County does not assign a school by address, so use the district's school locator for the building you want and do not treat a listing's school field as an assignment.

Your Next Step

Call Marc at (239) 287-5873, tell us your plan and budget, and we send the closings for that plan and set up a tour.

What Do Buyers Say About Working With McGreevy and Comisar?

McGreevy and Comisar is a top-reviewed Rapallo One realtor on Google, and the quotes below are genuine five star client reviews reproduced in the reviewer's own words. We publish no aggregate score and no star rating widget. Read the full set on the McGreevy and Comisar Google Business Profile.

A Buyer Who Closed Without Trouble

★★★★★ "Marc and Jesse are truly great people and they care about the people that they work with. Marc made our house purchase seamless and we closed within 30 days. If you want someone that's gonna treat you like family, well you found them." Verified Google review

A Buyer Who Wanted the Right Fit

★★★★★ "Marc was great! He helped us find a place that matched our needs, without trying to upsell us into something too big. And he's helped us settle into the area. 100% recommendation!" Verified Google review

A Buyer Who Was Listened To

★★★★★ "Marc is one of the most down to earth realtors that really listens to your needs and is exceptional at finding the right house." Verified Google review

Get Your Personalized Rapallo One Buyer Consultation

Your Rapallo One buyer consultation starts with a call to Marc at (239) 287-5873. We learn how you will use the home, set a budget on the full monthly cost, send the closings for your plan and schedule tours through the gate. It is free, and you sign the written buyer agreement only when you are ready to tour.

What We Cover in the Consultation

Your plan and budget, the quarterly fee and what it includes, the Chapter 718 documents and what to ask for, financing and any project review, the flood and insurance quotes, the buyer-agent agreement and a short list of Rapallo One, Enclave and Villas Two homes to tour.

Buying in Rapallo One? Call Marc at (239) 287-5873 or read how we represent buyers in Southwest Florida. Jesse is at (239) 898-6072 for the numbers.

Why Does a Rapallo One Specialist Matter for a Buyer?

A Rapallo One specialist matters for a buyer because the price depends on a floor plan the MLS labels loosely, the MLS cannot tell five Rapallo associations apart, and the paperwork comes from a Chapter 718 association under a master club. McGreevy and Comisar read the record for all of it before you offer.

Marc Comisar

Marc Comisar is a licensed Florida REALTOR and Broker Associate with Domain Realty. He runs the search, the tours, the negotiation and the inspection follow-up, and he reads a live listing's address to place it in the right Rapallo association. Reach him at (239) 287-5873, and read his profile on the Marc Comisar agent page.

Jesse McGreevy

Jesse McGreevy is a licensed Florida REALTOR and Sales Associate with Domain Realty, a co-founder of the brokerage and one half of McGreevy and Comisar. He runs the data, the pricing and the document and closing paperwork. Reach him direct at (239) 898-6072, and read his profile on the Jesse McGreevy agent page.

The Credentials, Stated Once More

We are Top 1% Real Estate Agents Nationally Since 2008 and the #1 Team in Southwest Florida since 2012, with a 5 Star Award for Customer Satisfaction for 21 straight years from Gulfshore Life Magazine. Those are career honors and not a claim about Rapallo One specifically.

What a General Agent Tends to Miss Here

A general agent may offer off the community median, hand a condominium buyer a homeowners' association summary, skip the estoppel until closing, quote a flood zone for the whole community or forget that the reported three-lease cap changes the resale. Each one costs a buyer money or time.

Thinking of Selling Your Rapallo One Home? List With the #1 Team in Southwest Florida Since 2012

If you're searching for a Rapallo One listing agent, or thinking, "I need to sell my home to buy in Rapallo One," you are selling into a market where the ask against the recent closings and the paperwork decide the result. McGreevy and Comisar are Top 1% Real Estate Agents Nationally Since 2008.

In the last 12 months we tracked all 24 Rapallo One closings in the Southwest Florida MLS, pulled September 29, 2026, and every one of the 76 the MLS has matched here since October 2021. As the leaders of Domain Realty Group our team has closed over $2.5 billion in real estate, and Jesse McGreevy and Marc Comisar account for over $900 million in personal sales inside that number.

  • Top 1% Real Estate Agents Nationally Since 2008
  • 5 Star Award for Customer Satisfaction for 21 Straight Years. Only 5 out of 21k+ Licensees (Gulfshore Life Magazine)
  • #1 Team in Southwest Florida since 2012
  • McGreevy and Comisar and their Domain Realty Group team have sold over $2.5 Billion in Real Estate
  • McGreevy and Comisar alone have over $900 million in Sales
  • Nationally Recognized Top Producing Realtors
  • Platinum Sales Production Award Winners

What Is Your Current Home Worth? Get a Free Valuation in 60 Seconds.

Start with a free home valuation for the home you are selling. Jesse follows up with the closings that fit it, adjusted for condition and any lease. (239) 898-6072, text or call. Our Rapallo One seller guide and Rapallo One home valuation guide cover the sale side for a Rapallo One owner.

Can I sell my home and buy in Rapallo One in the same season?

Yes. We coordinate the sale and the purchase so the closings line up, and we tell you the options: sell first, buy first, or a contingency. The right choice depends on your equity, your lender and how fast the market moves.

Will I lose my Save Our Homes savings if I move?

Florida's Save Our Homes assessment limit stays with your current homestead, and a new purchase is assessed at its own value. Ask the Lee County Property Appraiser about portability of the benefit, and see Section 193.155 for the limit.

Should I sell first or buy first?

Selling first gives you certainty about your budget, and buying first gives you the pick of the market. In Rapallo One, where 22 of 24 recent closings sold below list, buyers have some room, so a sale-first plan need not cost you a home.

Do I need a valuation before I look at homes?

It helps. A valuation tells you your equity and your budget, and it means an offer is based on a number and not a hope. It is free and carries no obligation.

What if my home sells before I find one?

We plan for it with a rent-back, a longer closing or a short-term rental, and we tell you the options before you list.

Do I pay two commissions?

You pay what you agree with each side. As a buyer you sign a written buyer agreement with us, and as a seller you sign a listing agreement. Both are negotiable, and we explain each before you sign.

Frequently Asked Questions, Buyer Edition: Buying a Condo in Rapallo One

These are the questions buyers ask most about Rapallo One condos for sale, HOA fees and living in Estero, answered from the records cited below. Each answer names Rapallo One and points to the section that holds the detail. Where a record is not public, the answer says so.

How much does a condo in Rapallo One cost?

In the 12 months to September 29, 2026, 24 Rapallo One condos closed at a $390,000 median, from $314,000 to $737,500 (Southwest Florida MLS). Two-plus-den homes closed at $350,000 and three-bedroom homes at $412,000, so the price depends on the floor plan.

What is the cheapest way to buy in Rapallo One?

The smallest plans: five homes under 1,400 square feet closed in 12 months at a $337,500 median, from $314,000 to $350,000. Compare the whole monthly cost, because the quarterly fee is the same order of magnitude for every plan.

Are Rapallo One condos priced fairly right now?

Twenty-two of 24 closings sold below the final list price, at a 96.9% median, with a median gap of $14,450 between final list and sold. Fair is the closings for your plan, and we compare any ask with them.

Is it a buyer's or seller's market in Rapallo One?

It has moved toward buyers. Above-list sales were common in 2021 and 2022, and none of the 35 closings in 2025 and 2026 sold above list, with days on market rising from 8 to 50. We do not quote months of supply because we cannot count active listings by association.

How much do I need to put down in Rapallo One?

That is set by your loan. At the $390,000 median, 3% is $11,700, 5% is $19,500, 10% is $39,000 and 20% is $78,000, before closing costs. The lender's condominium review can affect the program you use, so ask early.

What is the monthly cost to own in Rapallo One?

The quarterly fee on the two verified entries is $2,663.11 and $2,663, about $888 a month, plus electricity, an HO-6 policy, property tax reset to your price and your mortgage. Compare the total, because the fee bundles items a house owner pays separately.

What are the HOA fees in Rapallo One?

Rapallo One is a condominium, so the fee is a condominium assessment: about $2,663 a quarter on the two entries we can verify, about $10,652 a year. The association's budget is the authority, so ask for it and for the fee for your floor plan.

What does the Rapallo One fee cover?

The community page says the bundle covers cable, internet, water, sewer, building exterior insurance, landscaping, pest control, security and reserves. We did not read the budget, so confirm the list, and note that electricity and the interior HO-6 policy are not included.

Is there a CDD in Rapallo One?

No. The community page states none was created, and there is no CDD line on the tax bill. That removes one layer many Estero communities carry.

Is Rapallo One a condominium or an HOA?

A condominium under Chapter 718. The state's register lists Rapallo One at 160 units recorded January 31, 2005. That means the Section 718.503 documents and the Section 718.116 estoppel apply, and the homeowners' association summary under Section 720.401 does not.

What documents will I receive before I sign in Rapallo One?

The declaration, articles, bylaws and rules, the annual financial statement and budget, the state's Frequently Asked Questions and Answers document and any milestone or reserve-study paperwork that applies, at the seller's expense, under Section 718.503(2).

Can I cancel a Rapallo One contract after I read the documents?

The contract must say either that you received the documents more than 7 days, excluding weekends and holidays, before signing, or that you may cancel within 7 days after signing and receipt. The right ends at closing, and a waiver has no effect.

What is an estoppel certificate in Rapallo One?

The association's written statement of what the seller owes, whether a transfer or capital contribution fee is due and whether board approval is required. The association must deliver it within 10 business days, and it is effective for 30 days if delivered by hand or electronically.

Do I need association approval to buy in Rapallo One?

We could not confirm that from a record we read. The articles give the board power to approve transfers as the documents provide, and the estoppel asks the question in writing, so we ask the association before you offer.

Can I rent my Rapallo One condo?

Yes, with limits. The community page reports a maximum of three leases a year and minimum terms of 30 to 90 days, and the articles give the board power over occupancy. Confirm the current rules before you buy to rent.

Can I use a Rapallo One condo as a short-term rental?

No, according to the community page. That excludes a nightly-rental model, so the rental market is long-stay and seasonal.

Is Rapallo One gated?

Rapallo is a gated community with a main gate for vehicles and five resident-only pedestrian gates toward Coconut Point. A showing needs the gate told, and we arrange it.

Is Rapallo One in a flood zone?

FEMA Zone X at the four street points we checked, one of them a 0.2 percent annual chance area, on panel 12071C0591H effective November 17, 2022. Nearby water and drainage features are mapped as Zone AE, so check the specific building.

Do I need flood insurance in Rapallo One?

A lender generally does not require it in Zone X, but you may want it, and Citizens says flood coverage becomes required on its wind policies in phases from January 1, 2027. Ask an insurance agent for a quote at the building.

What should I inspect on a Rapallo One condo?

Air handler and water heater ages, windows and lanai, signs of water intrusion, the elevator if the building has one, the roof and paint schedule and the reserve balance. The buildings were built in 2005 and 2006, so systems are entering their replacement window.

How do property taxes work when I buy in Rapallo One?

They follow the assessed value, which can reset after a sale, so do not use the seller's bill. Ask the Lee County Tax Collector or your closing agent for an estimate at your purchase price, and ask the Property Appraiser about the homestead exemption.

Who pays closing costs in Rapallo One?

In Lee County the seller customarily pays deed stamps, the owner's title policy and the estoppel, and the buyer pays recording, the lender's title policy, mortgage taxes and the reported $100 transfer and $100 application fees. The contract controls.

Do I need a buyer agreement to tour a Rapallo One condo?

Yes. Since August 17, 2024 a buyer's agent needs a written agreement before touring, stating the compensation and that it is negotiable. We explain it before the first showing.

Who pays my agent when I buy in Rapallo One?

Compensation is negotiated. A seller may offer to pay or contribute, off the MLS, and what is not paid by the seller is your responsibility under the agreement. We work out how it fits your budget in advance.

Can I buy in Rapallo One with an FHA or VA loan?

It depends on the lender and on the condominium project's eligibility, and we did not verify any program's approval status for Rapallo One. Ask your lender at the start, and we coordinate the timing.

Are there first-time buyer programs for Rapallo One?

The Florida Housing Finance Corporation publishes first-time buyer and down payment programs with income and price limits. Ask a participating lender whether you qualify and whether a condominium is eligible.

Should I buy in Rapallo One or The Enclave at Rapallo?

Rapallo One has a $390,000 median on 24 closings and a 40.5-day median market time. The Enclave has $397,500 on 12 and a 21-day median. Tour a comparable plan in each, and see the Enclave buyer guide.

Can I buy in Rapallo One with cash?

Yes. A cash purchase skips the lender's project review, the mortgage taxes and the appraisal, but the Section 718.503 documents, the estoppel and the inspection still apply.

How long does it take to close on a Rapallo One condo?

That depends on your financing, the document review, the estoppel and any board approval. The estoppel is due within 10 business days of the request, and your lender's condominium review runs in parallel, so we plan the calendar backwards from your target date.

Can I buy in Rapallo One from out of state?

Yes. We tour by video, use electronic signing and remote closing, and coordinate the inspection and the association steps so you do not need to travel until you move in.

Does the Rapallo One club cost extra?

No separate membership: the community page states the club is included with each residence, with no equity fee. Ask the association whether guest and event use carries a charge.

Is Rapallo One age-restricted?

No. The community page states that buyers of any age may purchase, and none of the records we read places an age restriction on Rapallo One.

How many pets can I have in Rapallo One?

We did not find a pet rule in a public record. Ask the association for the rules and regulations before making an offer, including limits on size and number.

Is there a garage or assigned parking at Rapallo One?

The developer's archived pages describe reserved in-building parking in the terrace buildings and two-car attached garages in the carriage homes. Ask which space is assigned to the unit you are buying.

What schools serve Rapallo One?

Rapallo One is in elementary Zone Q, middle Zone GG and high school South 3 on the district's 2026 to 2027 map, so Pinewoods Elementary, Three Oaks Middle and Estero High are among a family's ranked choices rather than assigned schools; confirm your address with the district's school locator. Lee County does not assign a school by address, so confirm the zones for the building with the district's school locator before relying on it.

Who should I call to buy in Rapallo One?

McGreevy and Comisar: Top 1% Real Estate Agents Nationally Since 2008. Call Marc at (239) 287-5873 or read how we represent buyers in Southwest Florida.

Frequently Asked Questions, Selling One Home to Buy in Rapallo One

These are the questions buyers ask when they must sell a home to buy in Rapallo One, answered from Florida rules and the Rapallo One record. Each answer names Rapallo One where it applies, and our Rapallo One seller guide has the sale side in full.

How do I sell my home to buy in Rapallo One?

Value the home, decide whether to sell first or buy first, and line up the two closings. Start with the free home valuation or Call Jesse direct at (239) 898-6072, and we build the calendar with you.

Should I list before I make an offer in Rapallo One?

Often yes, because a sold home gives you a firm budget. Where 22 of 24 recent Rapallo One closings sold below list, a buyer has room to negotiate, so waiting to buy after a sale need not cost you a home.

Can I make an offer on a Rapallo One condo contingent on selling my home?

You can propose it, and a seller may accept, counter or decline. A contingency makes an offer weaker in a competitive moment and workable in a slower one, and we advise you on the Rapallo One market on the day.

Will I owe tax on the sale of my current home?

That depends on your gain, your holding period and the home-sale exclusion. IRS Topic 701 and Publication 523 explain the rules, and your tax adviser applies them.

Can I move my Save Our Homes savings to Rapallo One?

Florida allows portability of the assessment benefit within limits, and Section 193.155 sets the assessment limit. Ask the Lee County Property Appraiser how it applies to your move.

What are the costs of selling my current home?

In Lee County the seller customarily pays deed stamps at $0.70 per $100, the owner's title policy, the estoppel if the home is in an association and a negotiated commission. Our Rapallo One seller guide shows a net sheet at $390,000 as an illustration.

Who orders the estoppel on my current home?

The seller or the seller's agent requests it from the association, which must deliver within 10 business days. We order it when you list, so it does not hold your sale.

Can I rent back my home after I sell?

Often, by a written agreement with the buyer for a set period. It can bridge the gap between two closings, and we tell you the options.

How do I coordinate two closings when buying in Rapallo One?

We line up the dates so your sale proceeds fund your purchase, with the estoppels, the buyer's document review and your lender's condominium review planned backwards from the later closing. Both closings can use the same closing agent.

Which of my questions is not answered here?

Call Marc at (239) 287-5873 or Jesse at (239) 898-6072. Questions about the declaration, rules or budget need the association's documents, which we help you request and read.

Your Local Real Estate Experts

Rapallo One owners and buyers work directly with Jesse McGreevy and Marc Comisar, who have sold Southwest Florida real estate for more than twenty years, lead Domain Realty Group, and checked every recent Rapallo One sale and public record before writing this guide.

You can read how the team was built on our about the McGreevy and Comisar team page. McGreevy and Comisar are the Domain Realty team behind this Rapallo One guide: Jesse McGreevy, Sales Associate, and Marc Comisar, Broker Associate. Jesse has been in the business since October 2004, and the team launched in October 2008. Our team has closed more than 4,000 transactions across Southwest Florida. Since Jesse started in Southwest Florida real estate in 2004, we have represented buyers and sellers across Estero's gated communities. In the last 12 months we tracked every recorded Rapallo One closing before writing this page.

For the neighborhood itself, read our Rapallo One neighborhood guide and the Rapallo at Coconut Point community guide.

McGreevy and Comisar lead Domain Realty Group, a full-service Southwest Florida real estate team. Learn more about our team at DomainRealtyGroup.com.

McGreevy and Comisar are Top 1% Real Estate Agents Nationally Since 2008.

Contact McGreevy and Comisar

  • Jesse McGreevy: (239) 898-6072 ·
  • Marc Comisar: (239) 287-5873
  • Office: 24031 S Tamiami Trl #101, Bonita Springs, FL 34134

Selling your Rapallo One home? Get a free home valuation or Call Jesse direct at (239) 898-6072.

Buying in Rapallo One? Call Marc at (239) 287-5873 or read how we represent buyers in Southwest Florida.

Licensure, and the Office of Record

Jesse McGreevy (Sales Associate) and Marc Comisar (Broker Associate) are licensed Florida REALTORS® with Domain Realty; Florida real estate licensure is regulated by the Florida Real Estate Commission.

  • Jesse McGreevy, Florida license SL3101296
  • Marc Comisar, Florida license BK3060671
  • Brokerage office: 24031 S Tamiami Trl #101, Bonita Springs, FL 34134

Sources and Authoritative References

Every fact on this Rapallo One guide traces to a primary record below: Florida state records and statutes, Lee County and Village of Estero records, FEMA and federal sources, the National Association of REALTORS for the practice rules, the developer's own archived pages and dated local reporting. Parcel and sale facts come from the county roll and the MLS. No brokerage, listing portal or agent site is cited. Items without a link are records we hold and read, and are named so a reader can ask for them.

  1. Florida Division of Corporations, Rapallo One Association, Inc. (N04000009117) (accessed September 30, 2026)
  2. Florida Division of Corporations, name search for Rapallo One (accessed September 30, 2026)
  3. Florida Division of Corporations, Rapallo Three Association, Inc. (N04000009113) (accessed September 30, 2026)
  4. Florida Division of Corporations, Rapallo Villas Two Association, Inc. (N04000009111) (accessed September 30, 2026)
  5. Florida Division of Corporations, name search for Rapallo Four Association (N04000009114) (accessed September 30, 2026)
  6. Florida Division of Corporations, name search for The Club at Rapallo (N04000009116) (accessed September 30, 2026)
  7. Florida Division of Corporations, name search for Touchstone at Rapallo (P03000091774) (accessed September 30, 2026)
  8. Florida Division of Corporations, name search for The Enclave at Rapallo Association (N07000002340) (accessed September 30, 2026)
  9. Rapallo One Association, Articles of Incorporation, filed September 23, 2004 (Sunbiz document image)
  10. Rapallo One Association, Articles of Amendment, filed March 2013 (Sunbiz document image)
  11. Division of Condominiums public condominium extract, Rapallo One, Rapallo Four, Rapallo Villas Two, Rapallo Three and Enclave at Rapallo rows (read September 30, 2026) (accessed September 30, 2026)
  12. DBPR, milestone inspections and SIRS (accessed September 30, 2026)
  13. DBPR condominium FAQ (accessed September 30, 2026)
  14. DBPR, condominium SIRS reporting (accessed September 30, 2026)
  15. Section 718.503, resale disclosure (accessed September 30, 2026)
  16. Section 718.116, assessments and estoppel (accessed September 30, 2026)
  17. Section 718.112, bylaws, reserves and SIRS (accessed September 30, 2026)
  18. Section 718.111, association insurance (accessed September 30, 2026)
  19. Section 553.899, milestone inspections (accessed September 30, 2026)
  20. Section 627.714, unit owner loss assessment coverage (accessed September 30, 2026)
  21. Section 718.110, amendment of declaration (accessed September 30, 2026)
  22. Section 718.121, liens (accessed September 30, 2026)
  23. Section 718.103, condominium definitions (accessed September 30, 2026)
  24. Section 718.301, transfer of association control (accessed September 30, 2026)
  25. Section 718.202, sales or reservation deposits (accessed September 30, 2026)
  26. Section 201.02, documentary stamp tax on deeds (accessed September 30, 2026)
  27. CS/CS/HB 913 (2025) (accessed September 30, 2026)
  28. SB 4-D (2022 Special Session D) (accessed September 30, 2026)
  29. SB 154 (2023) (accessed September 30, 2026)
  30. HB 1021 (2024) (accessed September 30, 2026)
  31. Florida Department of Revenue, documentary stamp tax (accessed September 30, 2026)
  32. Uniform Mitigation Verification Inspection Form OIR-B1-1802 (accessed September 30, 2026)
  33. Florida Office of Insurance Regulation, wind mitigation resources (accessed September 30, 2026)
  34. Citizens Property Insurance, flood requirement (accessed September 30, 2026)
  35. FEMA National Flood Hazard Layer, flood hazard zones (queried September 30, 2026) (accessed September 30, 2026)
  36. FEMA National Flood Hazard Layer, FIRM panels (queried September 30, 2026) (accessed September 30, 2026)
  37. FEMA, National Flood Insurance Program Community Rating System (accessed September 30, 2026)
  38. U.S. Census Bureau geocoder (accessed September 30, 2026)
  39. NHC Tropical Cyclone Report, Hurricane Ian (2022) (accessed September 30, 2026)
  40. NHC Tropical Cyclone Report, Hurricane Milton (2024) (accessed September 30, 2026)
  41. NWS Miami, Hurricane Ian summary (accessed September 30, 2026)
  42. Lee County, Hurricanes Helene and Milton after-action report (PDF) (accessed September 30, 2026)
  43. Lee County, hurricane information (accessed September 30, 2026)
  44. FPL Newsroom, Hurricane Ian restoration (October 8, 2022) (accessed September 30, 2026)
  45. HUD, assistance animals and fair housing (accessed September 30, 2026)
  46. FloodSmart, National Flood Insurance Program (accessed September 30, 2026)
  47. IRS Topic 701, sale of your home (accessed September 30, 2026)
  48. IRS Publication 523, selling your home (accessed September 30, 2026)
  49. Consumer Financial Protection Bureau, owning a home (accessed September 30, 2026)
  50. Village of Estero, Community Rating System (Class 6) (accessed September 30, 2026)
  51. Village of Estero, flood zones and evacuation zones (accessed September 30, 2026)
  52. Village of Estero, Flood Zones Removed index maps (PDF) (accessed September 30, 2026)
  53. Village of Estero, permits (accessed September 30, 2026)
  54. Lee County, FIRM flood zones (accessed September 30, 2026)
  55. Lee County Community Development (accessed September 30, 2026)
  56. Lee County, Coconut Point planned development record, approvals and amendments (accessed September 30, 2026)
  57. Lee County, special districts (accessed September 30, 2026)
  58. Lee County, residential solid waste (accessed September 30, 2026)
  59. LeeTran, Lee County transit (accessed September 30, 2026)
  60. Lee County Property Appraiser (accessed September 30, 2026)
  61. Lee County Property Appraiser, subdivision report (accessed September 30, 2026)
  62. Lee County Clerk of Court, official records (accessed September 30, 2026)
  63. Pinewoods Elementary School (accessed September 30, 2026)
  64. Estero High School (accessed September 30, 2026)
  65. Lee Health Coconut Point (accessed September 30, 2026)
  66. Florida Gulf Coast University (accessed September 30, 2026)
  67. Coconut Point (Simon) (accessed September 30, 2026)
  68. FDOT SWFL Roads, project information (accessed September 30, 2026)
  69. Engage Estero, road development updates (accessed September 30, 2026)
  70. Gulfshore Business, Estero board critiques Coconut Point apartment plan again (March 11, 2026) (accessed September 30, 2026)
  71. Gulfshore Business, Estero development report (January 26, 2026) (accessed September 30, 2026)
  72. Developer archive, The Club at Rapallo page (Internet Archive capture, February 11, 2025) (accessed September 30, 2026)
  73. Developer archive, terrace homes page (Internet Archive capture, February 28, 2021) (accessed September 30, 2026)
  74. Developer archive, carriage homes page (Internet Archive capture, November 26, 2019) (accessed September 30, 2026)
  75. Developer archive, standard features page (Internet Archive capture, June 23, 2021) (accessed September 30, 2026)
  76. Developer archive, community page (Internet Archive capture, July 17, 2025) (accessed September 30, 2026)
  77. Developer archive, The Enclave page (Internet Archive capture, February 26, 2024) (accessed September 30, 2026)
  78. Developer archive, developer page (Internet Archive capture, September 23, 2023) (accessed September 30, 2026)
  79. Lee County Property Appraiser, 2026 tax roll: 254 residential parcels matched to Rapallo One and Rapallo Four legal descriptions, year built, bedrooms and heated area.
  80. Lee County recorded sales, DOR-qualified, all years on file, newest recording July 29, 2026, as carried in the county sales file.
  81. Southwest Florida MLS Matrix, Development Rapallo, Sub RAPALLO, closings pulled September 29, 2026 and assigned to Rapallo One by county price-and-date match.
  82. McGreevy and Comisar sub-community roster for Rapallo at Coconut Point, September 30, 2026, including the five-declaration reconciliation.
  83. Rapallo at Coconut Point hub page on mcgreevyandcomisar.com, refreshed September 2026 (community facts and fee samples, with the errors noted in the build notes). (accessed September 30, 2026)
  84. Section 689.261, property tax disclosure summary (accessed September 30, 2026)
  85. Section 689.302, flood disclosure to a prospective purchaser (accessed September 30, 2026)
  86. Section 720.401, homeowners' association disclosure summary and its exclusion of chapter 718 associations (accessed September 30, 2026)
  87. Section 718.504, prospectus and Frequently Asked Questions and Answers (accessed September 30, 2026)
  88. NAR, what the settlement means for home buyers and sellers (accessed September 30, 2026)
  89. NAR, settlement FAQs (accessed September 30, 2026)
  90. NAR, written buyer agreements 101 (accessed September 30, 2026)
  91. NAR, summary of 2024 MLS changes (accessed September 30, 2026)
  92. CS/CS/HB 979 (2024) staff analysis, estoppel certificate fee caps (accessed September 30, 2026)
  93. Florida Realtors (accessed September 30, 2026)
  94. Section 475.278, brokerage relationships in residential sales and leases (accessed September 30, 2026)
  95. Section 201.08, documentary stamp tax on notes and mortgages (accessed September 30, 2026)
  96. Florida Department of Revenue, nonrecurring intangible tax (accessed September 30, 2026)
  97. Florida Department of Revenue, property tax information for taxpayers (accessed September 30, 2026)
  98. Section 196.031, homestead exemption (accessed September 30, 2026)
  99. Section 193.155, homestead assessments (accessed September 30, 2026)
  100. Lee County Property Appraiser, exemptions (accessed September 30, 2026)
  101. Lee County Tax Collector, real estate property taxes (accessed September 30, 2026)
  102. Freddie Mac, Primary Mortgage Market Survey (accessed September 30, 2026)
  103. Fannie Mae Selling Guide (accessed September 30, 2026)
  104. U.S. Department of Veterans Affairs, VA home loans (accessed September 30, 2026)
  105. Florida Housing Finance Corporation (accessed September 30, 2026)
  106. HUD, Fair Housing Act overview (accessed September 30, 2026)
  107. Section 720.30851, homeowners' association estoppel certificates (for the fork) (accessed September 30, 2026)
  108. Florida Administrative Code Rule 69O-186.003, title insurance rates (accessed September 30, 2026)
  109. Section 28.24, clerk recording fees (accessed September 30, 2026)

Downloadable Documents

Rapallo One's key documents are published by the State of Florida, FEMA, Lee County and the federal government, and the table links each to its issuing authority. The recorded declaration of condominium is available through the Lee County Clerk's official records, and the budget, rules and estoppel come from the Rapallo One Association or its manager on request.

Document

Issued by

Date

Link

Public condominium extract (Lee County)

Florida Division of Condominiums

read September 30, 2026

Condo extract, CSV

Rapallo One Association corporate record

Florida Division of Corporations

filed September 23, 2004

Sunbiz detail

Uniform Mitigation Verification Inspection Form

Florida Office of Insurance Regulation

rev. January 2012

OIR-B1-1802, PDF

Village of Estero Flood Zones Removed index maps

Village of Estero

current file

Flood maps, PDF

Hurricane Ian Tropical Cyclone Report

National Hurricane Center

2022

Ian report, PDF

Hurricane Milton Tropical Cyclone Report

National Hurricane Center

2024

Milton report, PDF

Hurricane Ian Summary

National Weather Service Miami

2022

Ian summary, PDF

Lee County Hurricanes Helene and Milton After-Action Report

Lee County

2025

After-action report, PDF

Condominium resale disclosure statute, Section 718.503

Florida Legislature

2026 Florida Statutes

Section 718.503

Condominium assessment and estoppel statute, Section 718.116

Florida Legislature

2026 Florida Statutes

Section 718.116

You reach the Rapallo One buyer team by calling Marc at (239) 287-5873 for a free buyer consultation. We learn your plan and budget, send the closings for your floor plan and set up tours through the gate. Jesse is at (239) 898-6072 for the numbers, and our Rapallo One seller guide covers the home you may be selling.

Buying in Rapallo One? Call Marc at (239) 287-5873 or read how we represent buyers in Southwest Florida. Selling your current home? Get a free home valuation or Call Jesse direct at (239) 898-6072.


McGreevy and Comisar, Domain Realty Group. Jesse McGreevy, FL Lic. SL3101296 · Marc Comisar, FL Lic. BK3060671.

Market data from Southwest Florida MLS, pulled September 29, 2026. Brokered by Domain Realty.