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Sold for $875,000
  • $875,000

    550 Okeechobee Boulevard #623, West Palm Beach, FL 33401

    2beds
    1,721sqft
    Condominium
    Built in 2008
    -- sqft lot
    $883,000 Zestimate®
    $508/sqft
    $6,936 Estimated rent

    Home value

    $883,000

    $795,000 - $980,000

    $6,936/mo

    Zestimate® history
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    What's special

    Open floorplanFully ada compliantBright contemporary designCustom-built closets throughoutExpansive great roomFloor-to-ceiling hurricane-impact windowsNatural light
    CityPlace South Tower is the healthiest high-rise condo in Downtown West Palm Beach! No Projected Special Assessments & Virtually No Maintenance Fee Increases in 2026! Association is Compliant with statutory SIRS Requirements and has Very Healthy Reserves! In a market where space is hard to come by, this residence delivers one of the most comfortable and generous layouts you'll find downtown at this price point. The oversized living room and open floorplan offer far more room than what you typically see in comparable homes, making day-to-day living both relaxed & functional. With 1,721 square feet of interior space and an additional 342-square-foot balcony, this two-bedroom plus den lives more like a single-family home than a condo. The home is also fully ADA compliant, offering enhanced accessibility and ease of movement throughout. The expansive great room flows seamlessly into the dining area and out onto the terrace, with floor-to-ceiling hurricane-impact windows filling the space with natural light. Custom-built closets throughout add thoughtful convenience and help keep the home organized. Both bathrooms offer a calm, spa-inspired feel that complements the home's bright, contemporary design. The den provides valuable flexibility, ideal for an office, media room, or guest space. Set in the heart of Downtown West Palm Beach, you're surrounded by the best of what the city has to offer. The neighborhood is experiencing remarkable growth, with billions in new developments including luxury hotels, Class-A office towers, enhanced waterfront spaces, and world-renowned dining such as Eataly, Milos, and Harry's of New York. Downtown is quickly becoming one of South Florida's most sought-after urban destinations for both residents and investors. CityPlace South Tower provides a full suite of resort-style amenities: 24-hour concierge, valet parking, a state-of-the-art fitness center, designer club room, summer kitchen pavilion, and a stunning pool and spa deck overlooking the city. Exciting new renovations to the already-exquisite pool deck, clubroom, and conference room are now complete, further elevating this iconic Downtown address! Lobby entrance remodeling is also well underway and scheduled for completion in early 2026, promising an elevated and refreshed arrival experience! From this location, you can walk to CityPlace, Brightline, the Kravis Center, Clematis Street, the Norton Museum, the waterfront, and even Palm Beach Island. With immediate rental availability (30-day minimum, up to 12 times per year), this residence also presents excellent investment flexibility. A rare combination of space, accessibility, and location, offering an effortlessly livable downtown lifestyle.

    Zillow last checked:

    Listing updated:

    Listed by:

    Alyse Keller 917-584-6451,

    Compass Florida LLC,

    Justin Charles Keller PA 631-872-8689,

    Compass Florida LLC

    Bought with:

    Jared G Dalto, 3051700

    The Palm Beach Group

    Source: BeachesMLS,MLS#: R11142483MLS LogoOriginating MLS: BeachesMLS

    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: 283.88
    • Dimensions: 18.8 X 15.1
    Primary bedroom
    • Level: Main
    • Area: 283.88
    • Dimensions: 18.8 X 15.1
    Bedroom 2
    • Level: Main
    • Area: 215.6
    • Dimensions: 15.4 X 14
    Bedroom 2
    • Level: Main
    • Area: 215.6
    • Dimensions: 15.4 X 14
    Den
    • Level: Main
    • Area: 100
    • Dimensions: 10 X 10
    Den
    • Level: Main
    • Area: 100
    • Dimensions: 10 X 10
    Kitchen
    • Level: Main
    • Area: 120.9
    • Dimensions: 13 X 9.3
    Kitchen
    • Level: Main
    • Area: 120.9
    • Dimensions: 13 X 9.3
    Living room
    • Description: Incl. Dining Area
    • Level: Main
    • Area: 482.6
    • Dimensions: 25.4 X 19
    Living room
    • Description: Incl. Dining Area
    • Level: Main
    • Area: 482.6
    • Dimensions: 25.4 X 19
    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: Inside, Laundry Closet, Washer Dryer Install Allowed
    Features
    • Breakfast Area, Bathtub, Closet Cabinetry, Dual Sinks, Kitchen Island, Living/Dining Room, Split Bedrooms, Soaking Tub, Separate Shower, Tub Shower, Walk-In Closet(s)
    • Flooring: Ceramic Tile
    • Windows: Blinds, Storm Window(s)
    Interior area
    • Total structure area: 2,063
    • Total interior livable area: 1,721 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Assigned, Attached, Covered, Garage, Guest
    • Attached garage spaces: 2
    Accessibility
    • Accessibility features: Accessibility Features, Accessible Full Bath, Customized Wheelchair Accessible, Accessible Doors, Accessible Hallway(s)
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Entry Level Living Area Y
    • Patio & porch: Covered, Wrap Around, Balcony
    • Exterior features: Built-in Barbecue, Balcony, Barbecue, Outdoor Kitchen, Outdoor Living Area, Outdoor Shower
    • Pool features: Association
    • Has view: Yes
    • View description: City
    • Waterfront features: None
    Lot
    • Features: Corner Lot
    Details
    • Parcel number: 74434328340000623
    • Zoning: CPD(ci
    • Special conditions: Listed As-Is

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Colonial
    • Property subtype: Condominium
    Materials
    • Metal Siding, Concrete, Stucco
    • Roof: Concrete,Spanish Tile,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, Street Lights, 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: Bike Storage, Business Center, Clubhouse, Fitness Center, Library, Management, Picnic Area, Pool, Parking, Sauna, Spa/Hot Tub, Sidewalks, Trash, Elevator(s)
    • Services included: Common Areas, Cable TV, Hot Water, Insurance, Maintenance Grounds, Maintenance Structure, Pest Control, Sewer, Security, Trash, Water, Internet
    • HOA fee: $1,822 monthly
    Location
    • Region: West Palm Beach

    Financial & listing details

    • Price per square foot: $508/sqft
    • Tax assessed value: $695,000
    • Annual tax amount: $6,964
    • Date on market: 11/21/2025
    • Cumulative days on market: 159 days
    • Listing terms: Cash,Conventional,VA Loan

    Price history

    DateEventPrice
    5/22/2026Sold$875,000-12.4%$508/sqft
    Source: BeachesMLS #R11142483 Report a problem
    5/21/2026Pending sale$999,000$580/sqft
    Source: BeachesMLS #R11142483 Report a problem
    11/21/2025Listed for sale$999,000+11.6%$580/sqft
    Source: BeachesMLS #RX-11142483 Report a problem
    6/1/2024Listing removed--
    Source: BeachesMLS #RX-10858220 Report a problem
    9/8/2023Price change$895,000-10.1%$520/sqft
    Source: BeachesMLS #RX-10858220 Report a problem
    5/10/2023Price change$995,000-5.2%$578/sqft
    Source: BeachesMLS #RX-10858220 Report a problem
    1/14/2023Listed for sale$1,050,000-12.5%$610/sqft
    Source: BeachesMLS #RX-10858220 Report a problem
    12/28/2022Listing removed--
    Source: BeachesMLS #RX-10808016 Report a problem
    8/19/2022Listing removed$1,200,000$697/sqft
    Source: BeachesMLS #RX-10808016 Report a problem
    6/13/2022Listed for sale$1,200,000+208.5%$697/sqft
    Source: BeachesMLS #RX-10808016 Report a problem
    10/15/2013Sold$389,000+18.2%$226/sqft
    Source: BeachesMLS #R9977497 Report a problem
    12/13/2012Sold$329,000$191/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,963 +3.1%$377,891 +2.9%
    2024$6,751 +2.7%$367,241 +3%
    2023$6,576 -0.3%$356,545 +3%
    2022$6,595 +0.3%$346,160 +3%
    2021$6,578 +0.5%$336,078 +1.4%
    2020$6,543 +1.6%$331,438 +2.3%
    2019$6,441 $323,986 +1.9%
    2018$6,441 +7%$317,945 +2.1%
    2017$6,019 0%$311,405 +2.1%
    2016$6,019 +0.2%$305,000
    2015$6,006 -8%$305,000 +10.9%
    2014$6,524 +28.6%$275,000 +8.1%
    2013$5,073 -17.5%$254,361 -0.3%
    2012$6,150 +1.3%$255,000 +2%
    2011$6,070 +11.4%$250,000 +13.6%
    2010$5,448 +1.4%$220,000 -2.2%
    2009$5,373 $225,000
    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
    $883,000
    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
    $883,000