CityPlace South Tower, 550 Okeechobee Blvd #623

$999K12.4%
$875,000
2
Beds
2
Baths
1,721
SqFt
Status
Sold - May 22, 2026
Parking
2
Size
1,721 SqFt (160 m2)
Price
$508/SqFt ($5,473/m2)
Type
Condo
Built
2008
HOA
$1,822/MO
MLS Number
R11142483
View
City
On Site
298 Days
Updated
6 Days ago
Page Views
0
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.

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
  • Construction Type: MultiFamily
  • Year Built: 2008
  • Style: Colonial
Waterfront and Water Access
  • Waterfront Frontage: No info
School Information
  • Elementary School: Palm Beach Public
Other Property Info
  • Garage: 2
  • Listing Date: 2025-11-20T21:49:45.000-00:00
  • 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: 6964
  • Security Information: SecuritySystemOwned, SecuritySystem, ClosedCircuitCameras, FireSprinklerSystem, GatedCommunity, KeyCardEntry, LobbySecured, SmokeDetectors, SecurityGuard
  • Parking Description: Assigned, Attached, Covered, Garage, Guest
  • Total Floors in Building: 20

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Price History

Current
$875K
High
$999K
Low
$875K
Total Change
-12.4%
$1M$937K$860KNov 25May 26May 26Jun 26May 26
Date
Event
Price
Change
Price Per
05/22/2026
Sold
$875K
0%
$508 ft2
$5,473 m2
06/10/2026
Price Reduced
$875K
0%
$508 ft2
$5,473 m2
05/22/2026
Price Reduced
$875K
0%
$508 ft2
$5,473 m2
05/22/2026
Price Reduced
$875K
-12.41%
$508 ft2
$5,473 m2
11/20/2025
Listed
$999K
 
$580 ft2
$6,248 m2
05/22/2026
$875K
Event
Sold
Change
0%
Price Per
$508 ft2
$5,473 m2
06/10/2026
$875K
Event
Price Reduced
Change
0%
Price Per
$508 ft2
$5,473 m2
05/22/2026
$875K
Event
Price Reduced
Change
0%
Price Per
$508 ft2
$5,473 m2
05/22/2026
$875K
Event
Price Reduced
Change
-12.41%
Price Per
$508 ft2
$5,473 m2
11/20/2025
$999K
Event
Listed
Price Per
$580 ft2
$6,248 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Alyse KellerCompass 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