CityPlace South Tower, 550 Okeechobee Blvd #423

$1M19%
$850,000
2
Beds
2
Baths
1,721
SqFt
Status
Sold - Mar 24, 2026
Parking
2
Size
1,721 SqFt (160 m2)
Price
$494/SqFt ($5,316/m2)
Type
Condo
Built
2008
HOA
$1,822/MO
MLS Number
R11131518
View
City
On Site
339 Days
Updated
3 Days ago
Page Views
0
DON'T MISS OUT! This is a RARE opportunity for an EXCEPTIONALLY-VALUED home! This impeccable residence combines scale, style, & an enviable downtown lifestyle showcasing the largest interior floor plan in the building! Designed for modern living & effortless entertaining, this unit covers 1721-SqFt of interior + 342-SqFt of additional wraparound balcony space. This expansive two-bedroom layout PLUS a multi-functional, convertible den space lives like a true single-family home. - Specifically, this apartment comes with TWO separate parking spaces located securely within the building's gated garage - one of which is located just steps down the hallway on the SAME FLOOR, while the other is located just one floor below on the highly sought after 3rd floor, and a nearby elevator takes you right there! The apartment ALSO comes with TWO privately-owned, side-by-side, storage units located just across the hallway on the SAME FLOOR. These are both floor-to-ceiling, walk-in storage cages, each measuring approximately 9' x 8' and 9' x 7', which amounts to a total of approximately 135 SqFt of additional storage room space, all under temperature-controlled air. All of these incredible assets are also immediately sellable, or rentable to other residents in the building for INSTANT INCOME. The apartment itself is meticulously maintained and thoughtfully upgraded, featuring a newer Bosch AC unit, newer porcelain tile flooring in both bedrooms, upgraded designer lighting, all upgraded solid wood designer doors, and custom-built closets throughout. Both bathrooms offer a spa-like retreat that complements the home's bright, contemporary design. Floor-to-ceiling hurricane-impact windows fill the home with natural light, accentuating the open and airy feel. CityPlace South Tower is perhaps the healthiest high-rise condo in Downtown West Palm Beach! Very Healthy Reserves! No Special Assessments & Virtually No 2026 Maintenance Fee Increases! Situated in the heart of booming Downtown West Palm Beach, you're steps from world-class dining, shopping, the Kravis Center for the Performing Arts, the Brightline station, and all the cultural energy the city has to offer. Downtown West Palm Beach is in the midst of a remarkable 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, five-star hotels, acclaimed restaurants like Eataly, Milos, and Harry's of New York, and expanded waterfront spaces - the area is attracting global attention and high-profile residents. West Palm Beach is also rapidly emerging as one of the country's most important financial and academic hubs, highlighted by the planned Vanderbilt University graduate campus downtown and the continued influx of major financial firms establishing headquarters and offices in the area. This unprecedented level of investment is driving the newest evolution of the city and positioning it for strong, long-term growth - making ownership here not only a lifestyle opportunity but a compelling investment as property values continue to rise. There's no question that West Palm Beach has now captured the industry's attention nationwide, and has firmly established itself at the intersection of culture, convenience, and world-class living. CityPlace South Tower offers a full suite of resort-style amenities, including 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! 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. And with the ability to rent immediately for a minimum of 30 days up to 12 times per year, 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.

Features

Bedrooms
  • Bedrooms: 2
Bathrooms
  • Bathrooms: 2
  • Half Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: BuiltInBarbecue, Balcony, Barbecue, OutdoorKitchen, OutdoorLivingArea, OutdoorShower
  • View: City
Interior, Heating and Cooling
  • Interior Features: BreakfastArea, Bathtub, ClosetCabinetry, DualSinks, KitchenIsland, LivingDiningRoom, SplitBedrooms, SoakingTub, SeparateShower, TubShower, WalkInClosets
  • Equipment / Appliances: Dryer, Dishwasher, ElectricRange, FreeStandingFreezer, Disposal, IceMaker, Microwave, Refrigerator, Washer
  • Heating Description: Central,Electric
  • Cooling Description: CentralAir, CeilingFans, Electric
Building and Construction
  • Floor Description: CeramicTile
  • Windows/Treatment: Blinds,StormWindows
  • Year Built: 2008
  • Style: Colonial
Waterfront and Water Access
  • Waterfront Frontage: No info
School Information
  • Elementary School: Palm Beach Public
  • Senior High School: Forest Hill
Other Property Info
  • Garage: 2
  • Listing Date: 2025-10-11T01:46:18.000-00:00
  • Directions: Southeast
  • Pets Allowed: BreedRestrictions, NumberLimit, PetRestrictions, SizeLimit, Yes
Taxes, Fees & More
  • Maintenance Includes: CommonAreas, CableTv, HotWater, Insurance, MaintenanceGrounds, MaintenanceStructure, PestControl, Sewer, Security, Trash, Water, Internet
  • Taxes: 5681
  • Security Information: SecuritySystemOwned, SecuritySystem, ClosedCircuitCameras, FireSprinklerSystem, GatedCommunity, KeyCardEntry, LobbySecured, SmokeDetectors, SecurityGuard
  • Parking Description: Assigned, Covered, Garage, Guest
  • Total Floors in Building: 20

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Price History

Current
$850K
High
$1M
Low
$850K
Total Change
-19%
$1.1M$950K$826KOct 25Dec 25Dec 25Mar 26Dec 25Mar 26
Date
Event
Price
Change
Price Per
03/24/2026
Sold
$850K
0%
$494 ft2
$5,316 m2
12/04/2025
Price Reduced
$850K
0%
$494 ft2
$5,316 m2
03/24/2026
Price Reduced
$850K
0%
$494 ft2
$5,316 m2
12/04/2025
Price Reduced
$850K
-14.91%
$494 ft2
$5,316 m2
12/03/2025
Price Reduced
$999K
-4.77%
$580 ft2
$6,248 m2
10/11/2025
Listed
$1M
 
$610 ft2
$6,561 m2
03/24/2026
$850K
Event
Sold
Change
0%
Price Per
$494 ft2
$5,316 m2
12/04/2025
$850K
Event
Price Reduced
Change
0%
Price Per
$494 ft2
$5,316 m2
03/24/2026
$850K
Event
Price Reduced
Change
0%
Price Per
$494 ft2
$5,316 m2
12/04/2025
$850K
Event
Price Reduced
Change
-14.91%
Price Per
$494 ft2
$5,316 m2
12/03/2025
$999K
Event
Price Reduced
Change
-4.77%
Price Per
$580 ft2
$6,248 m2
10/11/2025
$1M
Event
Listed
Price Per
$610 ft2
$6,561 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Justin Keller PACompass Florida LLC • Buyer Agency Compensation .

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Scores

Walk Score®
Walker's Paradise. Daily errands do not require a car
90

100
Transit Score®
Some Transit. A few nearby public transportation options
45

100
Bike Score®
Very Bikeable. Biking is convenient for most trips
79

100
Sound Score®
Very loud
74

100
Airport Score
Close to airports. Noticeable airport activity
1

100
Traffic Score
Congested area. Frequent traffic delays
37

100
Local Score
Limited local amenities nearby
1

100
Community Snapshot
1 – 3 BR
Bedrooms
$418K – $2.1M
Price Tier
755 - 2,111
SqFt Range
2008
Year Build
20
Total Floors

Subdivision Amenities

Bike Storage
Cabana
Clubhouse
Elevators
Fitness Center
Library
Management
Parking
Pool
Recreation Facilities
Sauna
Sidewalks
Storage
Trash

West Palm Beach
High-End
High-End Homes & Condos