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550 Okeechobee Boulevard # 23, West Palm Beach FL 33401

Condo / Coop En Venta
$2,100,000

BTC: 32.71557500

ETH: 1,191.19198611

Nuevo
2 camas
2 baños
1,709 sqft

Visión general

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 lower 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." Two highly desirable garage parking spaces and a large private storage unit further elevate the value and rarity of this exceptional offering. 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 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.

Ubicación

Detalles

Tipo:
Residential
Estacionamiento:
2 Or More Spaces / Assigned / Awning / Covered / Guest / No Boats / Parking Garage / Valet / No Rv/Boats
Año de construcción:
2008
Lote:
Sin datos
Calefacción:
Central / Electric
precio por sq. medidor:
$1,229
Enfriamiento:
Ceiling Fan(s) / Central Air / Electric
HOA:
$1,829

Valuation

Our model vs. what's actually selling nearby.
Estimate
$675,000
$425K – $1.3M
Confidence Low
List vs. estimate
$1.4M above estimate
List $2,100,000 · +211.1%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,228
+515.0% vs. city median $199
Based on
51 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $812K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Destacados

Annual tax
$9,763
2025
HOA
$1,829/mo
Pool
Community
View
Garden, Intracoastal View
Garage
2 car garage
Furnished
Furniture For Sale,Furniture Negotiable
Pets
Allowed
Más hechos y características
  • Piso

    • Marble

    • Tile

    Calefacción

    • Central

    • Electric

    Enfriamiento

    • Ceiling Fan(s)

    • Central Air

    • Electric

    Accesorios

    • Dishwasher

    • Disposal

    • Dryer

    • Free-Standing Freezer

    • Ice Maker

    • Microwave

    • Electric Range

    • Refrigerator

    • Washer

    Otras características interiores

    • Lobby

    • Bar

    • Built-in Features

    • Cooking Island

    • Fire Sprinklers

    • Entrance Foyer

    • Pantry

    • Split Bedroom

    • Volume Ceilings

    • Walk-In Closet(s)

    • Den/Library/Office

    • Family Room

    • Great Room

    • Storage

    • Utility Room/Laundry

    Dormitorios y baños

    • Dormitorios: 2

    • Baños completos: 2

  • Estacionamiento

    • 2 Or More Spaces

    • Assigned

    • Awning

    • Covered

    • Guest

    • No Boats

    • Parking Garage

    • Valet

    • No Rv/Boats

    Propiedad

    • Pisos: 1

    • Piscina Privada: Si

    • Características Exteriores: Balcony / Built-In Grill / Courtyard / Exterior Lights / Outdoor Shower

    Otra Información de Propiedad

    • Número de Parcela: 74434328340002123

    • Zonificación: CPD(ci

  • Tipo y estilo

    • Tipo de propiedad: Residential

    • Subtipo de propiedad: Condominium

  • Utilidad

    • Cable Available

    • Electricity Available

    • Sewer Available

    • Water Available

  • Otra información financiera

    • HOA: $1,829

    • Frecuencia HOA: Monthly

    • Importe anual de impuestos: $9,763

  • Detalles de la fuente

    • MLS ID: B26043812

    Otros hechos

    • Materiales de construcción: Concrete Block Construction / Metal Construction / Stucco

    • Características de lavandería: Laundry Room / Utility Room/Laundry / Washer Hookup

    • Características del lote: Corner Lot / Treed Lot / Sidewalk

    • Características del patio y el porche: Awning(s) / Wrap Around

    • Características de la piscina: Community

    • Características de la ventana: Complete Impact Glass / Awning / Blinds / Sliding / Verticals

    • Caras de dirección: East

    • Otras estructuras: Livable

    • Estilo arquitectónico: Penthouse / Corner Unit / One Story / Mediterranean / Modern/Contemporary

    • Espacios de garaje: 2

    • Garaje adjunto: Si

    • Garaje: Si

    • Salón: 1709

    • Fuente de agua: Public

    • Nombre de subdivisión: CITYPLACE SOUTH TOWER COND,Cityplace South Towe

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Compass Florida LLC