$850,000
Sold · March 24, 2026
550 Okeechobee Boulevard 423
West Palm Beach, FL 33401
Explore the area: West Palm Beach homes for sale · Palm Beach County real estate
Sale Summary
What this home sold for
- Sold price
- $850,000
- Vs. list price
- 14.9% under
- Days on market
- 132
- Price per sq ft
- $494
This 2-bedroom condo in Cityplace South Tower Condo sold for $850,000 on March 24, 2026. That was 14.9% below its final list price of $999,000. It first came on the market at $1,049,000, so the price was adjusted before it sold. It spent 132 days on the market. At $494 per square foot, it closed 24.5% below the $654 median of the 6 other condo sales in the recent closings shown below.
Listing Snapshot
- Sold Price
- $850,000
- Sold On
- March 24, 2026
- Days on Site
- 132 Days
- Bedrooms
- 2
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Living Area
- 1,721 sqft
- Total Sq Ft
- 2,063 sqft
- Year Built
- 2008
- Property Type
- Condo
- MLS #
- R11131518
- Property Tax
- $5,681 (2025)
- HOA Fees
- $1,822 / Monthly
- Subdivision
- CITYPLACE SOUTH TOWER CONDO
- Development
- Cityplace South Tower Condo
- County
- Palm Beach
- Status
- Sold
- Special Conditions
- Listed As Is
About This Property
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.
Virtual TourGeneral Features
- Property Type
- Condo
- Status
- Sold
- Year Built
- 2008
- Property Condition
- Resale
- Number of Stories
- 20
- Garage Spaces
- 2
- Parking
- Assigned / Covered / Garage / Guest
- Direction Faces
- Southeast
- Living Sq Ft
- 1,721
- Total Sq Ft
- 2,063
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- CPD(ci
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Free Standing Freezer / Disposal / Ice Maker / Microwave / Refrigerator / Washer
- Cooling
- Central Air / Ceiling Fans / Electric
- Heating
- Central / Electric
- Flooring
- Ceramic Tile
- Interior Features
- Breakfast Area / Bathtub / Closet Cabinetry / Dual Sinks / Kitchen Island / Living Dining Room / Split Bedrooms / Soaking Tub / Separate Shower / Tub Shower / Walk In Closets
- Laundry
- Inside / Laundry Closet
- Windows
- Blinds / Storm Windows
- Main Level Bedrooms
- 2
- Main Level Baths
- 2
- Total Rooms
- 8
Exterior Features
- Construction
- Metal Siding / Concrete / Stucco
- Roof
- Concrete / Spanish Tile / Tile
- Exterior Features
- Built In Barbecue / Balcony / Barbecue / Outdoor Kitchen / Outdoor Living Area / Outdoor Shower
- Architectural Style
- Colonial
- Pool Features
- Heated / In Ground / Association
- Patio & Porch
- Covered / Wrap Around / Balcony
- Lot Features
- Corner Lot
- Waterfront Features
- None
- View
- City
Community & HOA
- HOA Fee
- $1,822 / Monthly
- HOA Includes
- Common Areas / Cable Tv / Hot Water / Insurance / Maintenance Grounds / Maintenance Structure / Pest Control / Sewer / Security / Trash / Water / Internet
- Association Amenities
- Bike Storage / Business Center / Clubhouse / Fitness Center / Library / Picnic Area / Pool / Parking / Sauna / Spa Hot Tub / Sidewalks / Trash / Elevators
- Community Features
- Gated / Property Manager On Site / Street Lights / Sidewalks
- Security
- Security System Owned / Security System / Closed Circuit Cameras / Fire Sprinkler System / Gated Community / Key Card Entry / Lobby Secured / Smoke Detectors / Security Guard
- Utilities
- Cable Available / Sewer Available / Water Available
- Pets Allowed
- Breed Restrictions / Number Limit / Pet Restrictions / Size Limit / Yes
- Financing Terms
- Cash / Conventional / Va Loan
- Restrictions
- No Boats / No Commercial Vehicles / No Rv / Ok To Lease
- MLS Area
- 5430
Schools
- Elementary School
- Palm Beach Public
- High School
- Forest Hill
About the Community
Cityplace South Tower Condo is a community in West Palm Beach, Palm Beach County, Florida. Active listings are priced from $498,900 to $820,000. Homes were built starting 2008. Pure Equity lists homes in Cityplace South Tower and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 8
- Median List Price
- $849,500
- Median $/Sq Ft
- $753
- Avg Days on Market
- 70
Frequently Asked Questions
- How do I schedule a tour of 550 Okeechobee Boulevard 423, West Palm Beach, FL 33401?
- Use the Tour button on this listing to request a showing of 550 Okeechobee Boulevard 423, West Palm Beach, FL 33401. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 550 Okeechobee Boulevard 423, West Palm Beach, FL 33401 still available?
- 550 Okeechobee Boulevard 423, West Palm Beach, FL 33401 is currently listed as Sold, and has been on the market 132 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 550 Okeechobee Boulevard 423, West Palm Beach, FL 33401?
- With 20% down ($199,800) on the $999,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 550 Okeechobee Boulevard 423, West Palm Beach, FL 33401 is about $5,250/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 550 Okeechobee Boulevard 423, West Palm Beach, FL 33401?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 550 Okeechobee Boulevard 423, West Palm Beach, FL 33401. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 550 Okeechobee Boulevard 423, West Palm Beach, FL 33401 have an HOA fee?
- Yes: 550 Okeechobee Boulevard 423, West Palm Beach, FL 33401 carries an HOA fee of about $1,822 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- What schools serve 550 Okeechobee Boulevard 423, West Palm Beach, FL 33401?
- 550 Okeechobee Boulevard 423, West Palm Beach, FL 33401 is zoned for Palm Beach Public (elementary), Forest Hill (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 550 Okeechobee Boulevard 423, West Palm Beach, FL 33401?
- Often, yes. The right offer on 550 Okeechobee Boulevard 423, West Palm Beach, FL 33401 depends on how it's priced against comparable condo sales in West Palm Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Compass Florida LLC
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated July 1, 2026.
$850,000
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Listed by Justin Charles Keller PA, Compass Florida LLC
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Recent Sales
Recently sold homes in Cityplace South Tower Condo
These are the last 6 recorded closings in Cityplace South Tower Condo, with the price each home actually sold for rather than what it was listed at. They closed at a median of $671 per square foot. The most recent closed on September 16, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$820,000
Sold · September 16, 2026
550 Okeechobee Boulevard 1405
2 bed · 2 bath · 1,120 sqft · $732/sqft
$30,000 under the asking price
Sold$480,000
Sold · August 31, 2026
550 Okeechobee Boulevard 1721
1 bed · 1 bath · 755 sqft · $636/sqft
$44,900 under the asking price
Sold$460,000
Sold · August 14, 2026
550 Okeechobee Boulevard 1421
1 bed · 1 bath · 755 sqft · $609/sqft
$39,900 under the asking price
Sold$870,000
Sold · May 29, 2026
550 Okeechobee Boulevard
2 bed · 2 bath · 1,120 sqft · $777/sqft
$29,000 under the asking price
Sold$800,000
Sold · May 28, 2026
550 Okeechobee Boulevard 1619
2 bed · 2 bath · 1,192 sqft · $671/sqft
$9,000 under the asking price
Sold$875,000
Sold · May 22, 2026
550 Okeechobee Boulevard 623
2 bed · 2 bath · 1,721 sqft · $508/sqft
$124,000 under the asking price
See every recorded sale in Cityplace South Tower Condo or find out what your Cityplace South Tower Condo home is worth.
