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Sold for $870,000
  • $870,000

    550 Okeechobee Boulevard #Mph-07, West Palm Beach, FL 33401

    2beds
    1,192sqft
    Condominium
    Built in 2008
    -- sqft lot
    $892,400 Zestimate®
    $730/sqft
    $4,700 Estimated rent

    Home value

    $892,400

    $803,000 - $999,000

    $4,700/mo

    Zestimate® history
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    What's special

    Spectacular Renovation with coastal views! This Rarely-Available Penthouse with 10FT ceilings, facing southeast over the resort-style pool offers breathtaking views of the Ocean & Intracoastal waters. expansive panoramas bringing natural sunlight through every window, creating a truly magical atmosphere. Featuring NEW gorgeous white quartz waterfall countertops, matching backsplash, built-in breakfast bar seating, ALL NEW LVP FLOORS, & freshly repainted - this stunning retreat features elegant design & modern finishes, with spacious living areas bathed in natural light peering through every floor-to-ceiling window & slider, all-hurricane-impact throughout. The fully equipped kitchen features top-of-the-line appliances & ample counter space for preparing meals & entertaining guests. The split bedrooms offer complete sanctuary, with 2 walk-in closets, ample storage space, & a bird's eye view of the pool deck. The ensuite master bathroom is a spa-like escape that will transport you to a world of pure relaxation. The double-wide balcony perched above the resort style pool deck instantly sweeps you away on a vacation. THIS is the one that HAS IT ALL, the one everyone's been waiting for! Located in the heart of booming Downtown West Palm Beach, this luxurious & peaceful hideaway puts you just steps away from world-class dining, shopping, and entertainment options. Whether you're looking for an exciting night out on the town, or a quiet evening at home, this picturesque setting has everything you need to make your dreams become reality. Located in the most sought-after address of all - iconic, CityPlace South Tower. West Palm Beach is rapidly evolving as the ultimate destination for luxury living, attracting iconic figures such as Elon Musk, Jeff Bezos, Lionel Messi, and the Beckhams. CityPlace South Tower stands as one of the most sought-after addresses, placing you in the center of it all. Just steps from the city's best restaurants, nightlife, The Kravis Center, and the Brightline Train, you'll never run out of things to do. Year-round cultural events at the Waterfront on The Green, Meyer Amphitheater, and the Norton Museum, plus a quick 5-minute drive to Palm Beach's pristine beaches, make this location second to none. This luxury building is also uniquely zoned for an A-rated elementary school district. Exclusive resident amenities include 24/7 concierge service, valet parking, a state-of-the-art fitness center, a designer club room, a summer kitchen pavilion, and a resort-style pool and spa, ensuring every day feels like a vacation. Don't miss your chance to own this extraordinary penthouse that perfectly blends elegance, exclusivity, and modern convenience. Schedule your private showing today and elevate your lifestyle to the pinnacle of West Palm Beach living.

    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:

    Jenna Steffens Mayer, 3329646

    Douglas Elliman

    Source: BeachesMLS,MLS#: R11068852MLS 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
    • Description: 10-FT Ceiling
    • Level: Main
    • Area: 187.24
    • Dimensions: 15.1 X 12.4
    Bedroom 2
    • Description: 10-FT Ceiling
    • Level: Main
    • Area: 175.2
    • Dimensions: 14.6 X 12
    Kitchen
    • Description: 10-FT Ceiling
    • Level: Main
    • Area: 92.4
    • Dimensions: 11 X 8.4
    Living room
    • Description: 10-FT Ceiling
    • 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
    • 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: 74434328340002007
    • 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: $730/sqft
    • Tax assessed value: $665,000
    • Annual tax amount: $7,879
    • Date on market: 3/6/2025
    • Cumulative days on market: 286 days
    • Listing terms: Cash,Conventional,VA Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    3/30/2026Listing removed$4,250$4/sqft
    Source: BeachesMLS #B26005648 Report a problem
    3/23/2026Listed for rent$4,250-13.3%$4/sqft
    Source: BeachesMLS #B26005648 Report a problem
    3/12/2026Listing removed$4,900$4/sqft
    Source: BeachesMLS #R11159877 Report a problem
    2/27/2026Price change$4,900-12.5%$4/sqft
    Source: BeachesMLS #R11159877 Report a problem
    2/16/2026Price change$5,600-6.7%$5/sqft
    Source: BeachesMLS #R11159877 Report a problem
    2/2/2026Listed for rent$6,000$5/sqft
    Source: BeachesMLS #R11159877 Report a problem
    1/22/2026Sold$870,000-3.2%$730/sqft
    Source: BeachesMLS #R11068852 Report a problem
    1/1/2026Pending sale$899,000$754/sqft
    Source: BeachesMLS #RX-11068852 Report a problem
    12/3/2025Price change$899,000-5.4%$754/sqft
    Source: BeachesMLS #RX-11068852 Report a problem
    3/6/2025Listed for sale$950,000+171.4%$797/sqft
    Source: BeachesMLS #RX-11068852 Report a problem
    12/4/2012Sold$350,000$294/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$13,811 +75.3%$665,000 +59.3%
    2024$7,879 +2.6%$417,422 +3%
    2023$7,683 +1.1%$405,264 +3%
    2022$7,602 +0.2%$393,460 +3%
    2021$7,587 -1.3%$382,000 -0.3%
    2020$7,690 +1.5%$383,159 +2.3%
    2019$7,573 $374,544 +1.9%
    2018$7,573 +5.4%$367,560 +2.1%
    2017$7,183 +1.2%$360,000 -5.3%
    2016$7,096 -7.8%$380,000
    2015$7,699 -9.5%$380,000 +5.6%
    2014$8,502 +5.5%$360,000 +5.9%
    2013$8,061 -4.5%$340,000 -3.4%
    2012$8,442 +0.8%$352,000 +1.4%
    2011$8,377 +7.4%$347,000 +9.5%
    2010$7,797 +2.5%$317,000 -0.9%
    2009$7,606 $320,000
    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
    $892,400
    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
    $892,400