$875,000
Sold · May 22, 2026
550 Okeechobee Boulevard 623
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
- $875,000
- Vs. list price
- 12.4% under
- Days on market
- 159
- Price per sq ft
- $508
This 2-bedroom condo in Cityplace South Tower Condo sold for $875,000 on May 22, 2026. That was 12.4% below its final list price of $999,000. It spent 159 days on the market. At $508 per square foot, it closed 22.3% below the $654 median of the 6 other condo sales in the recent closings shown below.
Listing Snapshot
- Sold Price
- $875,000
- Sold On
- May 22, 2026
- Days on Site
- 159 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 #
- R11142483
- Property Tax
- $6,964 (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
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.
Virtual TourGeneral Features
- Property Type
- Condo
- Status
- Sold
- Year Built
- 2008
- Property Condition
- Resale
- Number of Stories
- 20
- Levels
- One
- Garage Spaces
- 2
- Attached Garage
- Yes
- Parking
- Assigned / Attached / Covered / Garage / Guest
- Direction Faces
- Southeast
- Lot Size (Acres)
- 0
- Living Sq Ft
- 1,721
- Total Sq Ft
- 2,063
- Structure Type
- Multi Family
- 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 / Washer Dryer Install Allowed
- 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
- 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 / Management / 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
- MLS Area
- 5430
Schools
- Elementary School
- Palm Beach Public
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
- 69
Frequently Asked Questions
- How do I schedule a tour of 550 Okeechobee Boulevard 623, West Palm Beach, FL 33401?
- Use the Tour button on this listing to request a showing of 550 Okeechobee Boulevard 623, 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 623, West Palm Beach, FL 33401 still available?
- 550 Okeechobee Boulevard 623, West Palm Beach, FL 33401 is currently listed as Sold, and has been on the market 159 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 623, 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 623, 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 623, 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 623, 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 623, West Palm Beach, FL 33401 have an HOA fee?
- Yes: 550 Okeechobee Boulevard 623, 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 623, West Palm Beach, FL 33401?
- 550 Okeechobee Boulevard 623, West Palm Beach, FL 33401 is zoned for Palm Beach Public (elementary). 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 623, West Palm Beach, FL 33401?
- Often, yes. The right offer on 550 Okeechobee Boulevard 623, 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.
$875,000
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Listed by Alyse Keller, 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$410,000
Sold · May 21, 2026
550 Okeechobee Boulevard 1614
1 bed · 1 bath · 755 sqft · $543/sqft
$10,000 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.
