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Sold for $1,200,000
  • $1,200,000

    550 Okeechobee Boulevard #502, West Palm Beach, FL 33401

    3beds
    1,709sqft
    Condominium
    Built in 2008
    -- sqft lot
    $1,235,000 Zestimate®
    $702/sqft
    $7,504 Estimated rent

    Home value

    $1,235,000

    $1.10M - $1.38M

    $7,504/mo

    Zestimate® history
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    What's special

    Recently renovated from top to bottom with designer finishes — this stunning 3-bedroom corner unit in CityPlace South Tower is the one you've been waiting for! With a brand-new chef's kitchen, custom built-ins, high-end appliances, and wide-plank luxury flooring throughout, no detail was overlooked. Natural light pours in through floor-to-ceiling impact windows, highlighting the sleek, modern design and open layout. Downtown West Palm Beach is in the midst of a major transformation, quickly becoming one of South Florida's most sought-after destinations for luxury living, investment, and innovation. With billions in new development underway — including Class A office towers, world-renowned restaurants like Eataly, Milos, and Harry's of New York, five-star hotels, luxury residences, and the much-anticipated NORA District (a 40-acre walkable neighborhood bringing design-forward retail, restaurants, and public green space just north of downtown) the city is attracting global attention and a wave of high-profile residents. Visionaries like Jeff Bezos, Elon Musk, and David Beckham are helping shape its future, while attractions like Cityplace, The Kravis Center, and the Brightline high-speed rail keep West Palm at the intersection of culture, convenience, and world-class living. This residence offers one of the building's most desirable layouts with sweeping Northeast city views and an impressive 402-square-foot wraparound balcony perfect for morning coffee or sunset cocktails. The kitchen stuns with quartz waterfall countertops, a matching backsplash, custom cabinetry, and all-new appliances including a Thermador refrigerator and a suite of KitchenAid appliances. The unit also features custom closets throughout, a newer AC, and a turnkey design that blends sophistication with comfort. CityPlace South Tower is one of downtown's most sought-after luxury buildings, offering full-service amenities including 24/7 front desk and valet, a resort-style pool and spa deck, summer kitchen pavilion, designer club room, and a state-of-the-art fitness center. It's also the only luxury high-rise downtown zoned for an A-rated elementary school. Walkable to Cityplace, the Kravis Center, Brightline, Clematis Street, the Norton Museum, waterfront concerts, and Palm Beach's pristine beaches this is the lifestyle you've been waiting for. Plus, with the ability to rent immediately this residence is as smart an investment as it is a place to call home. Your best life starts here where luxury, location, and lifestyle come together seamlessly.

    Zillow last checked:

    Listing updated:

    Listed by:

    Justin Charles Keller PA 631-872-8689,

    Compass Florida LLC,

    Alyse Keller 917-584-6451,

    Compass Florida LLC

    Bought with:

    Ginger L Gowing, 3054919

    Luxury Real Estate Group LLC

    Ginger L Gowing, 3054919

    Luxury Real Estate Group LLC

    Source: BeachesMLS,MLS#: R11113604MLS LogoOriginating MLS: BeachesMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 3
    Primary bedroom
    • Level: Main
    • Area: 285
    • Dimensions: 15 X 19
    Bedroom 2
    • Level: Main
    • Area: 151.04
    • Dimensions: 12.8 X 11.8
    Bedroom 3
    • Level: Main
    • Area: 124
    • Dimensions: 12.4 X 10
    Dining room
    • Level: Main
    • Area: 146.25
    • Dimensions: 11.7 X 12.5
    Kitchen
    • Level: Main
    • Area: 89.99
    • Dimensions: 11.11 X 8.1
    Living room
    • Level: Main
    • Area: 273
    • Dimensions: 21 X 13
    Heating
    • Central, Electric
    Cooling
    • Central Air, Ceiling Fan(s), Electric
    Appliances
    • Included: Dryer, Dishwasher, Electric Range, Free-Standing Freezer, Disposal, Ice Maker, Microwave, Refrigerator, Washer
    • Laundry: Washer Hookup, Dryer Hookup, Inside
    Features
    • Breakfast Area, Bathtub, Dining Area, Separate/Formal Dining Room, Dual Sinks, Family/Dining Room, Jetted Tub, Kitchen/Dining Combo, Split Bedrooms, Soaking Tub, Separate Shower
    • Flooring: Vinyl
    • Windows: Blinds, Storm Window(s)
    Interior area
    • Total structure area: 2,111
    • Total interior livable area: 1,709 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Assigned, Garage, Guest
    • Garage spaces: 1
    Features
    • Entry location: Entry Level Living Area Y
    • Patio & porch: Covered, Wrap Around
    • Exterior features: Outdoor Living Area
    • Pool features: Association
    • Has view: Yes
    • View description: City
    • Waterfront features: None
    Lot
    • Features: 2-3 Acres
    Details
    • Parcel number: 74434328340000502
    • Zoning: CPD(ci
    • Special conditions: Listed As-Is

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Colonial
    • Property subtype: Condominium
    Materials
    • Block, Metal Siding, Concrete
    • Roof: Concrete,Tile
    Condition
    • Resale
    • New construction: No
    • Year built: 2008

    Utilities & green energy

    • Electric: 3 Phase
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Sewer Available, Water Available

    Community & HOA

    Community
    • Features: Gated, Property Manager On-Site, Sidewalks
    • Security: Security System Owned, Security System, Closed Circuit Camera(s), Fire Sprinkler System, Gated Community, Key Card Entry, Lobby Secured, Smoke Detector(s), Security Guard
    • Subdivision: CITYPLACE SOUTH TOWER CONDO
    HOA
    • Has HOA: Yes
    • Amenities included: Billiard Room, Bike Storage, Clubhouse, Fitness Center, Library, Picnic Area, Pool, Parking, Sauna, Spa/Hot Tub, Storage, Sidewalks, Trash, Elevator(s)
    • Services included: Common Areas, Cable TV, Hot Water, Insurance, Maintenance Grounds, Maintenance Structure, Sewer, Security, Trash, Water, Internet
    • HOA fee: $1,813 monthly
    • HOA phone: 561-623-8100
    Location
    • Region: West Palm Beach

    Financial & listing details

    • Price per square foot: $702/sqft
    • Tax assessed value: $905,000
    • Annual tax amount: $15,383
    • Date on market: 8/6/2025
    • Cumulative days on market: 29 days
    • Listing terms: Cash,Conventional,VA Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    8/3/2026Listing removed$10,000$6/sqft
    Source: BeachesMLS #B26032274 Report a problem
    5/23/2026Listed for rent$10,000$6/sqft
    Source: BeachesMLS #B26032274 Report a problem
    12/29/2025Listing removed$10,000$6/sqft
    Source: BeachesMLS #R11131142 Report a problem
    10/10/2025Listed for rent$10,000+17.6%$6/sqft
    Source: BeachesMLS #R11131142 Report a problem
    10/7/2025Sold$1,200,000-3.9%$702/sqft
    Source: BeachesMLS #R11113604 Report a problem
    9/19/2025Pending sale$1,249,000$731/sqft
    Source: BeachesMLS #RX-11113604 Report a problem
    8/6/2025Listed for sale$1,249,000-28.6%$731/sqft
    Source: BeachesMLS #RX-11113604 Report a problem
    7/20/2025Listing removed$1,750,000$1,024/sqft
    Source: MIAMI #A11810124 Report a problem
    5/27/2025Listed for sale$1,750,000+2.9%$1,024/sqft
    Source: MIAMI #A11810124 Report a problem
    12/3/2024Listing removed$8,500-10.5%$5/sqft
    Source: MIAMI #A11386239 Report a problem
    10/31/2023Price change$9,500-5%$6/sqft
    Source: MIAMI #A11386239 Report a problem
    10/4/2023Listing removed--
    Source: MIAMI #A11379692 Report a problem
    5/11/2023Listed for rent$10,000$6/sqft
    Source: MIAMI #A11386239 Report a problem
    5/1/2023Listing removed$1,699,995$995/sqft
    Source: MIAMI #A11379692 Report a problem
    5/1/2023Listed for sale$1,699,995+13.4%$995/sqft
    Source: MIAMI #A11379692 Report a problem
    2/15/2023Listing removed--
    Source: MIAMI #A11270587 Report a problem
    9/9/2022Listed for sale$1,499,000+354.5%$877/sqft
    Source: MIAMI #A11270587 Report a problem
    11/1/2010Sold$329,787$193/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$16,270 +5.8%$731,677 +10%
    2024$15,383 +8.5%$665,161 +10%
    2023$14,173 +20.2%$604,692 +10%
    2022$11,787 +1.2%$549,720 +4.7%
    2021$11,650 +5.7%$525,181 +10%
    2020$11,018 +4.1%$477,437 +10%
    2019$10,581 $434,034 -18.1%
    2018$10,581 +10.5%$530,000 +6%
    2017$9,575 +7%$500,000 +53.3%
    2016$8,952 +14%$326,095 +10%
    2015$7,851 +20.5%$296,450 +10%
    2014$6,514 +11.5%$269,500 +10%
    2013$5,844 -1.2%$245,000
    2012$5,913 +3.5%$245,000 +4.3%
    2011$5,713 +12.4%$235,000 +14.6%
    2010$5,084 +3.7%$205,000
    2009$4,904 $205,000
    Find assessor info on the county website

    Neighborhood: 33401

    Nearby schools

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

    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
    $1,235,000
    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
    $1,235,000