$2,100,000
550 Okeechobee Boulevard Lph-23
West Palm Beach, FL 33401
Explore the area: West Palm Beach homes for sale · Palm Beach County real estate
Price Check
How this price compares
- Asking price
- $2,100,000
- Price per sq ft
- $1,229
- Original price
- Unchanged
- Days on market
- 51
This 2-bedroom condo in Cityplace South Tower Condo went under contract with an asking price of $2,100,000, or $1,229 per square foot. It spent 51 days on the market before going under contract.
Estimated monthly payment
$11,036 /mo
Principal and interest only, based on $420,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $1,830/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $2,100,000
- Days on Site
- 51 Days
- Bedrooms
- 2
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Living Area
- 1,709 sqft
- Total Sq Ft
- 2,111 sqft
- Year Built
- 2008
- Property Type
- Condo
- MLS #
- B26043812
- Property Tax
- $9,763 (2025)
- HOA Fees
- $1,830 / Monthly
- Subdivision
- CITYPLACE SOUTH TOWER CONDO
- Development
- Cityplace South Tower Condo
- County
- Palm Beach
- Status
- Under Contract
- Special Conditions
- Standard / Listed As Is
About This Property
For the first time ever, this one-of-a-kind, extensively remodeled Penthouse is being offered for sale. Showcasing breathtaking direct east-facing views of the Atlantic Ocean and Intracoastal Waterway from nearly every room, this exceptional corner residence offers a level of luxury, privacy, and architectural uniqueness rarely found in Downtown West Palm Beach. A truly rare opportunity, this home features a dramatic double-wide kitchen expansion that immediately captivates from the moment you enter. The enlarged footprint creates a grand sense of scale, opening unobstructed sightlines from the living and dining areas and out to the wraparound balcony. There is simply no other floor plan like it in the building, a genuine 1-of-1 offering in the heart of Downtown West Palm Beach. Perfectly positioned on the coveted penthouse level, this residence combines sweeping water views with an unbeatable location in one of the country's fastest-growing luxury markets, now widely known as "Wall Street South." At the heart of the residence is an absolutely stunning, magazine-worthy chef's kitchen unlike anything else in CityPlace South Tower. Completely reimagined and expanded, this showpiece was designed with both luxury and functionality in mind. Custom cabinetry seamlessly conceals a full suite of integrated Miele appliances, including an extra-large refrigerator, induction stove-top, and a built-in Miele coffee system that brings the café experience home. Hardware-free push-to-open cabinetry, in-cabinet lighting, extensive custom storage solutions, and sleek designer finishes create a clean, sophisticated aesthetic, while custom tray ceilings and end-to-end recessed lighting provide a warm and inviting ambiance. Whether entertaining guests or enjoying a quiet morning overlooking the water, this extraordinary kitchen serves as the centerpiece of the home and is truly a chef's dream. Designer sophistication continues throughout the residence with soaring 10-foot ceilings, expansive floor-to-ceiling windows and sliders, and a seamless connection to the oversized 400-square-foot wraparound balcony. Every detail has been thoughtfully curated, including a newer top-of-the-line Bosch air conditioning system that provides exceptional comfort and efficiency year-round. The result is a residence that perfectly blends luxury, comfort, and modern convenience while maximizing its stunning eastern exposure. CityPlace South Tower is widely regarded as one of the premier luxury condominium buildings in Downtown West Palm Beach and stands out as perhaps the healthiest high-rise condominium community in the downtown market. With strong reserves, no special assessments, and virtually no maintenance fee increases for 2026, owners can enjoy an exceptional level of financial stability and peace of mind that is increasingly difficult to find. Situated in the heart of booming Downtown West Palm Beach, residents enjoy immediate access to world-class dining, shopping, entertainment, and culture. Walk to the Kravis Center for the Performing Arts, Brightline, waterfront events, acclaimed restaurants, nightlife, and countless destinations that make downtown one of South Florida's most vibrant urban centers. The pristine beaches of Palm Beach Island are just minutes away, while the building is uniquely zoned for an A-rated elementary school district. Downtown West Palm Beach is currently undergoing one of the most significant transformations in the nation. Billions of dollars in new investment are reshaping the city through the development of Class-A office towers, luxury hotels, expanded waterfront spaces, and acclaimed destinations such as Eataly, Milos, Harry's of New York, and numerous other high-end restaurants and retailers. The city is rapidly emerging as a major financial and academic hub, highlighted by the planned Vanderbilt University graduate campus and the continued influx of nationally recognized financial firms establishing offices and headquarters downtown. This unprecedented level of investment is positioning West Palm Beach for sustained long-term growth, making ownership at CityPlace South Tower not only an exceptional lifestyle opportunity but also a compelling investment in one of South Florida's most dynamic and rapidly evolving markets. There is no question that West Palm Beach has captured national attention and firmly established itself at the intersection of luxury living, business, culture, and convenience. Residents enjoy an exceptional collection of resort-style amenities, including 24-hour concierge service, valet parking, a state-of-the-art fitness center, designer club room, summer kitchen pavilion, and a spectacular resort-style pool and spa. This extraordinary penthouse represents a rare combination of architectural uniqueness, luxury finishes, breathtaking water views, financial stability, and an unbeatable downtown location. Opportunities like this seldom come to market. Schedule your private showing today and experience one of the most distinctive residences in all of Downtown West Palm Beach.
Virtual TourGeneral Features
- Property Type
- Condo
- Status
- Under Contract
- Year Built
- 2008
- Property Condition
- Resale
- Number of Stories
- 20
- Levels
- One
- Garage Spaces
- 2
- Attached Garage
- Yes
- Parking
- Assigned / Attached / Covered / Garage / Guest / Valet
- Direction Faces
- East
- Lot Size (Acres)
- 0
- Living Sq Ft
- 1,709
- Total Sq Ft
- 2,111
- Structure Type
- Multi Family
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- CPD(ci
Interior Features
- Appliances
- Dryer / Dishwasher / Free Standing Freezer / Disposal / Ice Maker / Microwave / Refrigerator / Washer
- Cooling
- Central Air / Ceiling Fans / Electric
- Heating
- Central / Electric
- Flooring
- Marble / Tile
- Spa
- Yes
- Spa Features
- Heated / In Ground
- Interior Features
- Built In Features / Breakfast Area / Bathtub / Dining Area / Separate Formal Dining Room / Dual Sinks / Entrance Foyer / Family Dining Room / High Ceilings / Jetted Tub / Kitchen Island / Kitchen Dining Combo / Pantry / Split Bedrooms / Storage / Soaking Tub / Separate Shower / Bar / Walk In Closets
- Laundry
- Washer Hookup / Electric Dryer Hookup / Inside / Laundry Closet / Washer Dryer Install Allowed
- Windows
- Blinds / Sliding / Storm Windows
- Main Level Bedrooms
- 2
- Main Level Baths
- 2
- Total Rooms
- 5
- Furnished
- Negotiable
Exterior Features
- Construction
- Metal Frame / Concrete / Stucco
- Roof
- Concrete / Tile
- Exterior Features
- Awnings / Built In Barbecue / Balcony / Barbecue / Courtyard / Lighting / Outdoor Kitchen / Outdoor Living Area / Outdoor Shower
- Architectural Style
- Contemporary / Mediterranean
- Pool Features
- Association / Heated / Outside Bath Access
- Patio & Porch
- Covered / Terrace / Wrap Around / Balcony
- Lot Features
- Corner Lot / Landscaped / Many Trees
- Waterfront Features
- None
- View
- City / Garden / Intercoastal / Ocean / Pool / Water
Community & HOA
- HOA Fee
- $1,830 / Monthly
- HOA Includes
- Common Areas / Cable Tv / Hot Water / Insurance / Maintenance Grounds / Maintenance Structure / Pools / Reserve Fund / Sewer / Security / Trash / Water / Internet
- Association Amenities
- Billiard Room / Bike Storage / Business Center / Cabana / Clubhouse / Fitness Center / Gated / Hot Water / Library / Management / Picnic Area / Pool / Parking / Sauna / Spa Hot Tub / Security / Sidewalks / Trash / Elevators
- Community Features
- Gated / Property Manager On Site / 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 Connected / Electricity Connected / Sewer Connected / Water Connected
- Pets Allowed
- Breed Restrictions / Yes
- Financing Terms
- Cash / Conventional / Va Loan
- Restrictions
- No Boats / No Rv / Ok To Lease
- MLS Area
- 5430
This home's HOA fee works out to $1,830 a month, 44% above the $1,273 median across 8 homes for sale in Cityplace South Tower Condo. See Cityplace South Tower Condo HOA fees
Schools
- Elementary School
- Palm Beach Public
- Middle School
- Conniston Community
- 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
- 76
Frequently Asked Questions
- How do I schedule a tour of 550 Okeechobee Boulevard Lph-23, West Palm Beach, FL 33401?
- Use the Tour button on this listing to request a showing of 550 Okeechobee Boulevard Lph-23, 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 Lph-23, West Palm Beach, FL 33401 still available?
- 550 Okeechobee Boulevard Lph-23, West Palm Beach, FL 33401 is currently listed as Under Contract, and has been on the market 51 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 Lph-23, West Palm Beach, FL 33401?
- With 20% down ($420,000) on the $2,100,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 550 Okeechobee Boulevard Lph-23, West Palm Beach, FL 33401 is about $11,036/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 Lph-23, 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 Lph-23, 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 Lph-23, West Palm Beach, FL 33401 have an HOA fee?
- Yes: 550 Okeechobee Boulevard Lph-23, West Palm Beach, FL 33401 carries an HOA fee of about $1,830 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 Lph-23, West Palm Beach, FL 33401?
- 550 Okeechobee Boulevard Lph-23, West Palm Beach, FL 33401 is zoned for Palm Beach Public (elementary), Conniston Community (middle), 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 Lph-23, West Palm Beach, FL 33401?
- Often, yes. The right offer on 550 Okeechobee Boulevard Lph-23, 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 June 23, 2026.
$2,100,000
Interested in This Property?
Contact us to schedule a showing or ask a question.
Own a home near this one? See what it would sell for today
Listed by Justin Charles Keller PA, Compass Florida LLC
Map & Location
Featured Communities
Cities in Palm Beach County
Zip Codes in Palm Beach County
Property Types
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 $728 per square foot. The most recent closed on October 6, 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$815,000
Sold · October 6, 2026
550 Okeechobee Boulevard 1609
2 bed · 2 bath · 1,120 sqft · $728/sqft
$32,000 under the asking price
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
See every recorded sale in Cityplace South Tower Condo or find out what your Cityplace South Tower Condo home is worth.
