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Sold for $850,000
  • $850,000

    550 Okeechobee Boulevard #Lph-05, West Palm Beach, FL 33401

    2beds
    1,192sqft
    Condominium
    Built in 2008
    -- sqft lot
    $868,800 Zestimate®
    $713/sqft
    $4,700 Estimated rent

    Home value

    $868,800

    $782,000 - $973,000

    $4,700/mo

    Zestimate® history
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    What's special

    Just completed—an extraordinary kitchen renovation featuring brand-new white quartz waterfall countertops, a deep stainless steel sink, and a sleek new stovetop. This southeast-facing penthouse boasts panoramic ocean views from every room, perched above the resort-style pool deck. Soaring 10FT ceilings and floor-to-ceiling hurricane-impact windows flood the space with natural light, showcasing breathtaking vistas of the Ocean and Intracoastal waterways. Located in the heart of booming Downtown West Palm Beach, you're steps from top dining, shopping, The Kravis Center, the Brightline, & all the cultural events the city has to offer. 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 developments underway including Class A office towers, trendy restaurants such as Eataly, Milos & Harry's of New York, five-star hotels, upscale residences, and expanded waterfront spaces the city is attracting global attention and a wave of high-profile residents and businesses. Visionaries like Jeff Bezos, Elon Musk, and David Beckham are helping to shape the area's future, while places 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 location truly has it all. You can also rent immediately, for a minimum of 30 days, 12 times a year! The home has been freshly repainted with new lighting, custom closets, and a newer Bosch AC, this light-filled home features a split-bedroom layout offering total privacy. The spa-like primary bath and double-wide balcony complete this turnkey retreat. CityPlace South Tower amenities include 24/7 concierge, valet, fitness center, designer club room, summer kitchen pavilion, and resort-style pool and spa. Renderings of the brand new lobby, conference room and clubroom included in photos. Currently in the works and to all be completed by 2025! This is the one you've been waiting for, schedule your private tour today!

    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:

    Justin Charles Keller PA, 3392436

    Compass Florida LLC

    Alyse Keller, 3433254

    Compass Florida LLC

    Source: BeachesMLS,MLS#: R11109952MLS 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: 187.24
    • Dimensions: 15.1 X 12.4
    Primary bedroom
    • Level: Main
    • Area: 187.24
    • Dimensions: 15.1 X 12.4
    Bedroom 2
    • Level: Main
    • Area: 175.2
    • Dimensions: 14.6 X 12
    Bedroom 2
    • Level: Main
    • Area: 175.2
    • Dimensions: 14.6 X 12
    Kitchen
    • Level: Main
    • Area: 92.4
    • Dimensions: 11 X 8.4
    Kitchen
    • Level: Main
    • Area: 92.4
    • Dimensions: 11 X 8.4
    Living room
    • Level: Main
    • Area: 273
    • Dimensions: 21 X 13
    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, Inside
    Features
    • Built-in Features, Breakfast Area, Bathtub, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Dual Sinks, Family/Dining Room, Garden Tub/Roman Tub, High Ceilings, Jetted Tub, Living/Dining Room, Pantry, Split Bedrooms, Storage, Soaking Tub, Separate Shower, Walk-In Closet(s)
    • Flooring: Ceramic Tile
    • Windows: Blinds, Sliding, Storm Window(s)
    Interior area
    • Total structure area: 1,335
    • Total interior livable area: 1,192 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, Balcony
    • Exterior features: Built-in Barbecue, Balcony, Barbecue, Outdoor Kitchen, Outdoor Living Area, Outdoor Shower
    • Pool features: Association
    • Has view: Yes
    • View description: Intercoastal, Ocean, Pool
    • Has water view: Yes
    • Water view: Intercoastal,Ocean
    • Waterfront features: None
    Details
    • Parcel number: 74434328340001905
    • 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,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, Security Guard
    • Subdivision: CITYPLACE SOUTH TOWER CONDO
    HOA
    • Has HOA: Yes
    • Amenities included: Billiard Room, Bike Storage, Business Center, 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: $1,281 monthly
    • HOA phone: 561-623-8100
    Location
    • Region: West Palm Beach

    Financial & listing details

    • Price per square foot: $713/sqft
    • Tax assessed value: $655,000
    • Annual tax amount: $11,368
    • Date on market: 7/23/2025
    • Cumulative days on market: 469 days
    • Listing terms: Cash,Conventional,VA Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    1/29/2026Sold$850,000-3.4%$713/sqft
    Source: BeachesMLS #R11109952 Report a problem
    12/19/2025Pending sale$879,900$738/sqft
    Source: BeachesMLS #RX-11109952 Report a problem
    7/23/2025Listed for sale$879,900$738/sqft
    Source: BeachesMLS #RX-11109952 Report a problem
    7/23/2025Listing removed$879,900$738/sqft
    Source: BeachesMLS #RX-11066123 Report a problem
    6/1/2025Listing removed$3,800$3/sqft
    Source: BeachesMLS #R11093817 Report a problem
    5/26/2025Listed for rent$3,800$3/sqft
    Source: BeachesMLS #R11093817 Report a problem
    2/26/2025Price change$879,900-2.1%$738/sqft
    Source: BeachesMLS #RX-11066123 Report a problem
    9/6/2024Listed for sale$899,000+114%$754/sqft
    Source: BeachesMLS #RX-11018502 Report a problem
    4/7/2015Sold$420,000$352/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$12,109 +6.5%$549,038 +10%
    2024$11,368 +5.7%$499,125 +10%
    2023$10,753 +16.9%$453,750 +10%
    2022$9,198 +10.1%$412,500 +10%
    2021$8,351 -10.3%$375,000 -9.6%
    2020$9,313 -3.3%$415,000 -2%
    2019$9,635 $423,500 +8.6%
    2018$9,635 +23.5%$390,000 +11.4%
    2017$7,805 -7.3%$350,000 -5.4%
    2016$8,419 -2.7%$370,000
    2015$8,649 +4.6%$370,000 +5.7%
    2014$8,270 +5.6%$350,000 +6.1%
    2013$7,828 -4.6%$330,000 -3.5%
    2012$8,206 +0.8%$342,000 +1.5%
    2011$8,139 +7.7%$337,000 +9.8%
    2010$7,555 +2.5%$307,000 -1%
    2009$7,371 $310,000
    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
    $868,800
    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
    $868,800