Sold for $720,000

$720,000

550 Okeechobee Boulevard #1006, West Palm Beach, FL 33401

2beds

1,136sqft

Condominium

Built in 2008

-- sqft lot

$733,700 Zestimate^®

$634/sqft

$4,649 Estimated rent

Home value

$733,700

$653,000 - $822,000

$4,649/mo

Zestimate^® history

Owner options

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$4,649/mo

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$6,167/mo

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$6,167/mo

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What's special

JUST REDUCED BELOW MARKET IN CITY PLACE SOUTH TOWER. RENOVATED and TURNKEY unit with West Elm furnishings. Move in ready for an end user or investor. Beautiful small format porcelain tile floors throughout create a light and bright feeling. All newer kitchen package with high end stainless appliances, Brand New Bosch AC, farm style sink, quartz counters and backsplash. Bathrooms have been updated as well, along with a number of other tasteful modern upgrades. CityPlace South Tower is a full service luxury building in the heart of Downtown with 24 hour doorman, valet, resort pool, gym, club room, and spa facilities. Located across from The Square and RH. Walkable to so many restaurants, the waterfront, Clematis St, Brightline Station and Palm Beach Island just over the bridge

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2
Main level bathrooms: 2
Main level bedrooms: 2

Primary bedroom

Level: Main
Area: 193.75
Dimensions: 15.5 X 12.5

Kitchen

Level: Main
Area: 93.5
Dimensions: 11 X 8.5

Living room

Level: Main
Area: 273
Dimensions: 21 X 13

Heating

Central

Cooling

Central Air

Appliances

Included: Cooktop, Dryer, Dishwasher, Free-Standing Freezer, Washer

Features

Bathtub, Dual Sinks, Split Bedrooms, Soaking Tub, Separate Shower, Walk-In Closet(s)
Furnished: Yes

Interior area

Total structure area: 1,136
Total interior livable area: 1,136 sqft

Property

Parking

Total spaces: 1
Parking features: Garage
Garage spaces: 1

Features

Pool features: Association
Has view: Yes
View description: City, Intercoastal
Has water view: Yes
Water view: Intercoastal
Waterfront features: None

Details

Parcel number: 74434328340001006
Zoning: CPD(ci

Construction

Type & style

Home type: Condo
Property subtype: Condominium

Materials

Block

Condition

Resale
New construction: No
Year built: 2008

Utilities & green energy

Electric: 3 Phase

Community & HOA

Community

Features: Home Owners Association, Property Manager On-Site
Security: Lobby Secured
Subdivision: CITYPLACE SOUTH TOWER CONDO

HOA

Has HOA: Yes
Amenities included: Billiard Room, Bike Storage, Clubhouse, Fitness Center, Pool, Sauna, Spa/Hot Tub, Storage, Trash
Services included: Cable TV, Insurance, Maintenance Grounds, Sewer, Security, Trash, Water
HOA fee: $1,265 monthly

Location

Region: West Palm Beach

Financial & listing details

Price per square foot: $634/sqft
Tax assessed value: $580,000
Annual tax amount: $12,336
Date on market: 4/9/2024
Cumulative days on market: 363 days
Listing terms: Cash,Conventional

Price history

Date	Event	Price
5/16/2025	Sold	$720,000-5.3%$634/sqft
Source: BeachesMLS #R10976641 Report a problem
2/15/2023	Sold	$760,000+9.4%$669/sqft
Source: BeachesMLS #R10858528 Report a problem
1/31/2022	Sold	$695,000+82.9%$612/sqft
Source: Palm Beach BOR #21-1729 Report a problem
5/4/2021	Sold	$380,000+16788.9%$335/sqft
Source: Public Record Report a problem
9/27/2018	Sold	$2,250-99.1%$2/sqft
Source: Agent Provided Report a problem
4/23/2013	Sold	$250,000-23.1%$220/sqft
Source: Public Record Report a problem
11/25/2009	Sold	$325,000$286/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$12,073 -2.1%	$580,000 -2.2%
2024	$12,335 +1%	$593,000 +1.7%
2023	$12,214 +66.3%	$583,000 +52.9%
2022	$7,345 +3%	$381,240 +19.5%
2021	$7,133 -10.8%	$319,000 -10.1%
2020	$7,994 +3.2%	$355,000 +8.9%
2019	$7,743	$326,095 -1.2%
2018	$7,743 +14.2%	$330,000 +6.5%
2017	$6,783 +7.5%	$310,000 +26.5%
2016	$6,312 +12.4%	$245,000 -10.9%
2015	$5,616 -7.3%	$275,000 +7.8%
2014	$6,059 +3.7%	$255,000 +4.1%
2013	$5,844 -0.4%	$245,000 +1.2%
2012	$5,866 +7.9%	$242,000 +10%
2011	$5,438 +9.6%	$220,000 +10%
2010	$4,963 +1.2%	$200,000 -2.4%
2009	$4,904	$205,000