$610,000
SOLD OCT 9, 2024

City Place South Tower 550 Okeechobee Blvd Unit 501 West Palm Beach, FL 33401

Downtown West Palm Beach Neighborhood
2 Beds
2 Baths
1,441 Sq Ft
$1,522/mo HOA Fee

Recently Sold

$423 Per Sq Ft

22% Below List Price

266 Days on Market

Highlights

  • Doorman
  • Water Views
  • Clubhouse
  • Palm Beach Public School Rated A-
  • Fitness Center
  • Roman Tub

About This Home

As of October 2024

Rarely available large spacious unit! The unit is so open and offers one huge master and a convertible 2nd bedroom or den. This spacious unit offers tile floors throughout, one of the largest kitchens in the building and HUGE living room and master bedroom! Kitchen offers granite counters and stainless steel appliances! Expansive outdoor balcony space that wraps around the unit perfect for sitting outside with a cup of coffee and overlooking all of the action that downtown West Palm Beach has to offer! Walk to Clematis, Cityplace, Restoration Hardware, the Kravis Center and more! All of this and a top of the line team to run the building! What a great place to call home!

Last Agent to Sell the Property

Amanda Glass

Sandals Realty Group, Inc. License #3088920

Last Buyer's Agent

Lynn Ciklin

Brown Harris Stevens of PB License #685778

Brown Harris Stevens of PB

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,910

Year Built

  • Built in 2008

HOA Fees

  • $1,522 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Guest Parking
  • Assigned Parking

Home Design

  • Mediterranean Architecture
  • Concrete Roof

Interior Spaces

  • 1,441 Sq Ft Home
  • High Ceiling
  • Ceiling Fan
  • Family Room
  • Combination Dining and Living Room
  • Closed Circuit Camera

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Roman Tub
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Wrap Around Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 74434328340000501

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, ground maintenance, parking, pool(s), reserve fund, roof, sewer, trash, water
  • 420 Units
  • High-Rise Condominium
  • Cityplace South Tower Con Subdivision
  • 21-Story Property

Amenities

  • Doorman
  • Billiard Room
  • Business Center
  • Elevator

Recreation

  • Community Spa
  • Trails

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site
  • Card or Code Access
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,910

Year Built

Built in 2008

Lot Details

0

HOA Fees

$1,522 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Okeechobee Blvd, just east of the Convention Center, south side of the road, across from Restoration Hardware
  • Year Built: 2008
  • Architectural Style: High Rise, Mediterranean
  • Entry Level: 5
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Bar, Dual Sinks, Garden Tub/Roman Tub, High Ceilings, Living/Dining Room, Split Bedrooms, Separate Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Cooktop, Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1441.0
  • Dining Room Type: Family Room, Laundry
  • Stories: 21
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Balcony
  • View: Other, Water
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Wrap Around
  • Property Condition: Resale
  • Roof: Concrete

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Assigned, Garage, Guest

Utilities

  • Security: Closed Circuit Camera(s), Door Man, Key Card Entry
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1522.0
  • Community Features: Clubhouse, Non-Gated, Property Manager On-Site, Pool, Street Lights, Sidewalks
  • Senior Community: No
  • Amenities: Billiard Room, Bike Storage, Business Center, Clubhouse, Fitness Center, Management, Pool, Spa/Hot Tub, Trail(s), Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Maintenance Grounds, Parking, Pool(s), Reserve Fund, Roof, Sewer, Trash, Water

Lot Info

  • Parcel #: 74434328340000501
  • Lot Size: Paved Road,Public Road,S
  • Zoning Description: CPD(ci

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3910.0

Multi Family

  • Number Of Units In Community: 420

Map

About City Place South Tower

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2024 10/09/24 Sold $610,000 -12.8% $423 / Sq Ft
06/11/2024 06/11/24 Price Changed $699,900 -4.8% $486 / Sq Ft
05/14/2024 05/14/24 Price Changed $734,900 -0.7% $510 / Sq Ft
04/16/2024 04/16/24 Price Changed $739,900 -0.7% $513 / Sq Ft
03/08/2024 03/08/24 Price Changed $744,900 -4.4% $517 / Sq Ft
01/16/2024 01/16/24 For Sale $779,000 -- $541 / Sq Ft
Source: BeachesMLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $13,154 $633,000 -- --
2023 $3,910 $222,110 $0 $0
2022 $3,855 $215,641 $0 $0
2021 $3,833 $209,360 $0 $0
2020 $3,808 $206,469 $0 $0
2019 $3,744 $201,827 $0 $0
2018 $3,516 $198,064 $0 $0
2017 $3,452 $193,990 $0 $0
2016 $3,438 $190,000 $0 $0
2015 $3,638 $194,393 $0 $0
2014 $3,639 $192,850 $0 $0
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $610,000 None Listed On Document
Special Warranty Deed $247,000 Title Matters Llc
Special Warranty Deed $63,964,880 Attorney
Source: Public Records

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Source: BeachesMLS

MLS Number: R10950757

BeachesMLS

APN: 74-43-43-28-34-000-0501

Florida Palm Beach County West Palm Beach 33401 Downtown West Palm Beach

550 Okeechobee Blvd Unit 501, West Palm Beach, FL

Homes for Sale in West Palm Beach, FL

This home is located at 550 Okeechobee Blvd Unit 501, West Palm Beach, FL 33401 and is currently priced at $610,000, approximately $423 per square foot. This property was built in 2008. 550 Okeechobee Blvd Unit 501 is a home located in Palm Beach County with nearby schools including Palm Beach Public School, Conniston Middle School, and Forest Hill Community High School.

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BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.