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Sold for $480,000
  • $480,000

    550 Okeechobee Boulevard #114, West Palm Beach, FL 33401

    1beds
    851sqft
    Condominium
    Built in 2008
    -- sqft lot
    $487,800 Zestimate®
    $564/sqft
    $3,341 Estimated rent

    Home value

    $487,800

    $439,000 - $541,000

    $3,341/mo

    Zestimate® history
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    What's special

    Unique ground floor walk-out with private exterior entrance & soaring 14-foot ceilings that make the already spacious 850 sq ft feel even larger. Unit 114 lives more like a townhome, with downtown WPB, CityPlace, dining and shopping just out your back door & full access to the building and amenities right out your interior, front door. Added perks include a first floor parking space, a first floor private storage unit down the hall, real wood floors throughout, newer AC, new Bosch dishwasher, faucets, ceiling fans, and Toto toilet. CityPlace South Tower has long been a premier residential building in the heart of downtown WPB that is structurally and financially sound. Building renovations, including lobby, pool area, social room & more, are scheduled to be completed by the end of 2025

    Zillow last checked:

    Listing updated:

    Listed by:

    Tim W Frater 561-722-5761,

    Frater Realty LLC

    Bought with:

    Beth Lawrence, 3390363

    Douglas Elliman

    Beth Lawrence, 3390363

    Douglas Elliman

    Source: BeachesMLS,MLS#: R11140788MLS LogoOriginating MLS: BeachesMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Primary bedroom
    • Level: Main
    • Area: 176
    • Dimensions: 16 X 11
    Dining room
    • Level: Main
    • Area: 130
    • Dimensions: 13 X 10
    Kitchen
    • Level: Main
    • Area: 64
    • Dimensions: 8 X 8
    Living room
    • Level: Main
    • Area: 247
    • Dimensions: 19 X 13
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Water Heater, Washer
    • Laundry: Inside
    Features
    • Breakfast Bar, Cathedral Ceiling(s), High Ceilings, Living/Dining Room, Main Level Primary, Tub Shower, Vaulted Ceiling(s), Walk-In Closet(s)
    • Flooring: Wood
    Interior area
    • Total structure area: 851
    • Total interior livable area: 851 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Covered, Deeded, Garage, Guest
    • Garage spaces: 1
    Features
    • Entry location: Entry Level Living Area Y
    • Patio & porch: Patio
    • Exterior features: Outdoor Living Area
    • Pool features: Association
    • Waterfront features: None
    Details
    • Parcel number: 74434328340000114
    • Zoning: CPD(ci

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Block, Concrete
    Condition
    • Resale
    • New construction: No
    • Year built: 2008

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Sewer Available, Water Available

    Community & HOA

    Community
    • Features: Property Manager On-Site
    • Security: Security System, Key Card Entry, Lobby Secured, Smoke Detector(s), Security Guard
    • Subdivision: CITYPLACE SOUTH TOWER CONDO
    HOA
    • Has HOA: Yes
    • Amenities included: Bike Storage, Business Center, Clubhouse, Fitness Center, Pool, Parking, Spa/Hot Tub, Trash, Elevator(s)
    • Services included: Common Areas, Cable TV, Insurance, Pest Control, Sewer, Security, Trash, Water, Internet
    • HOA fee: $961 monthly
    Location
    • Region: West Palm Beach

    Financial & listing details

    • Price per square foot: $564/sqft
    • Tax assessed value: $305,000
    • Annual tax amount: $6,450
    • Date on market: 11/14/2025
    • Cumulative days on market: 82 days
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    3/23/2026Sold$480,000-3.8%$564/sqft
    Source: BeachesMLS #R11140788 Report a problem
    3/10/2026Pending sale$499,000$586/sqft
    Source: BeachesMLS #R11140788 Report a problem
    11/14/2025Listed for sale$499,000-9.3%$586/sqft
    Source: BeachesMLS #RX-11140788 Report a problem
    9/18/2025Listing removed$550,000$646/sqft
    Source: BeachesMLS #RX-11100784 Report a problem
    6/19/2025Listed for sale$550,000+14.6%$646/sqft
    Source: BeachesMLS #RX-11100784 Report a problem
    7/28/2022Sold$480,000-2%$564/sqft
    Source: BeachesMLS #R10801758 Report a problem
    6/15/2022Contingent$490,000$576/sqft
    Source: BeachesMLS #RX-10801758 Report a problem
    5/20/2022Listed for sale$490,000$576/sqft
    Source: BeachesMLS #RX-10801758 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,450 -4.5%$305,000 -4.7%
    2024$6,752 +5.8%$320,000 +6.7%
    2023$6,383 +68.5%$300,000 +88.1%
    2022$3,789 +13.1%$159,500 +10%
    2021$3,349 -21.4%$145,000 -21.6%
    2020$4,260 -5.8%$185,000 -5.1%
    2019$4,521 $195,000 +8.3%
    2018$4,521 +11.8%$180,000 +5.9%
    2017$4,043 +4.9%$170,000 +59.5%
    2016$3,854 +145.9%$106,581 +0.7%
    2015$1,568 -1.7%$105,840 +0.8%
    2014$1,595 -0.2%$105,000
    2013$1,598 -29%$105,000 +16.7%
    2012$2,251 +4.9%$90,000 +5.9%
    2011$2,146 +26.7%$85,000 +30.8%
    2010$1,693 +4.9%$65,000
    2009$1,614 $65,000
    Find assessor info on the county website

    Neighborhood: 33401

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Palm Beach Public
    • High: Forest Hill

    Source: BeachesMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $487,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $487,800