NOT LISTED FOR SALE

City Place South Tower 550 Okeechobee Blvd Unit LPH13 West Palm Beach, FL 33401

Downtown West Palm Beach Neighborhood

Estimated Value: $1,143,000 - $1,402,000

2 Beds
2 Baths
1,367 Sq Ft
$887/Sq Ft Est. Value

Last Sold January 24, 2022

Last sale price $1,050,000 $768 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $8,134/month

About This Home

As of January 2022

Real Downtown living! Enjoy panoramic intracoastal/city views from the oversized balcony. Inside the residence you will find that every detail has been met in this sunny and open floor plan penthouse! The solid wood kitchen cabinetry, granite counter tops, top of the line appliances (including wine cooler) no expense was spared, enjoy your $100k worth furniture package. Two tandem parking spaces and extra storage. Residents at CityPlace South Tower can enjoy 24 hour security, full service valet, community/billiards room, swimming pool with grills, fitness center and onsite management and just steps from the building you're in the heart of everything.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2022
Closed on
May 13, 2022
Sold by
Capital Pb Llc
Bought by
Como Christopher Sean
Seller's Agent
Marcio Dias
Sterling Real Estate Group LLC
Buyer's Agent
Brooke Snader
Douglas Elliman
Sold Price
$10,000
Current Estimated Value
$1,212,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,202,250

Purchase Details

Listed on
Jan 31, 2022
Closed on
Jan 24, 2022
Sold by
Thomas J Singer Revocable Trust
Bought by
Capital Pb Llc
Seller's Agent
Marcio Dias
Sterling Real Estate Group LLC
Buyer's Agent
Brooke Snader
Douglas Elliman
Sold Price
$10,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.12%

Purchase Details

Listed on
Dec 7, 2018
Closed on
Aug 15, 2019
Sold by
Dickerson Ronald Paul
Bought by
Singer Thomas J and Thomas J Singer Revocable Trus
Seller's Agent
Rachel Tessoff
Sotheby's Intl. Realty, Inc.
Buyer's Agent
Amanda Warnick
Sterling Real Estate Group LLC
List Price
$579,000
Sold Price
$497,000
Premium/Discount to List
-$82,000
-14.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.70%
Original Mortgage
$250,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2013
Sold by
Gb West Palm 1 Llc
Bought by
Dickerson Ronald Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
4.39%
Mortgage Type
New Conventional

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Como Christopher Sean $1,295,000 Trident Title
Capital Pb Llc $1,050,000 Kyle Felty Pa
Capital Pb Llc $1,050,000 None Listed On Document
Singer Thomas J $497,000 Title Matters Llc
Dickerson Ronald Paul $475,000 Title Matters Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Singer Thomas $200,000
Previous Owner Singer Thomas J $250,000
Previous Owner Dickerson Ronald Paul $380,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2022 03/16/22 Rented $10,000 +17.7% --
02/14/2022 02/14/22 Under Contract -- -- --
01/31/2022 01/31/22 For Rent $8,495 0.0% --
01/24/2022 01/24/22 Sold $1,050,000 -8.7% $768 / Sq Ft
01/09/2022 01/09/22 For Sale $1,150,000 +131.4% $841 / Sq Ft
08/15/2019 08/15/19 Sold $497,000 -14.2% $364 / Sq Ft
07/16/2019 07/16/19 Pending -- -- --
12/07/2018 12/07/18 For Sale $579,000 -- $424 / Sq Ft

Tax History Compared to Growth

Source: Public Records

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 $16,570 $800,000 -- --
2023 $16,479 $790,000 $0 $790,000
2022 $7,235 $376,007 $0 $0
2021 $7,219 $365,055 $0 $0
2020 $7,181 $360,015 $0 $0
2019 $9,955 $440,000 $0 $440,000
2018 $8,803 $400,000 $0 $400,000
2017 $8,683 $390,000 $0 $0
2016 $9,316 $410,000 $0 $0
2015 $9,571 $410,000 $0 $0
2014 $8,968 $380,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Amanda Warnick

    Seller's Agent in 2022

    Amanda Warnick

    Sterling Real Estate Group LLC

    (561) 301-1191

    25 in this area

    49 Total Sales

    Amanda Warnick
    Section Image
  • Marcio Dias

    Seller's Agent in 2022

    Marcio Dias

    Sterling Real Estate Group LLC

    (561) 301-1191

    13 in this area

    58 Total Sales

    Marcio Dias
    Section Image
  • Brooke Snader

    Buyer's Agent in 2022

    Brooke Snader

    Douglas Elliman

    (561) 891-0186

    1 in this area

    16 Total Sales

    Brooke Snader
    Section Image

  • R

    Seller's Agent in 2019

    Rachel Tessoff

    Sotheby's Intl. Realty, Inc.

    (561) 654-7449

    10 in this area

    115 Total Sales

    Rachel Tessoff
    Section Image
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About City Place South Tower

Map

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

550 Okeechobee Blvd Unit LPH13, West Palm Beach, FL

Homes for Sale in West Palm Beach, FL

This home is located at 550 Okeechobee Blvd Unit LPH13, West Palm Beach, FL 33401 and is currently estimated at $1,212,250, approximately $886 per square foot. 550 Okeechobee Blvd Unit LPH13 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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