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550 Okeechobee Boulevard # 04, West Palm Beach FL 33401

Condo/Co-op Active With Contract
$1,000,000

BTC: 16.55629139

ETH: 627.08112549

14 days
Waterfront
2 bds
2 ba
1,120 sqft

Overview

Perched atop the epicenter of downtown West Palm Beach, across the street from Rosemary Square, this upper penthouse 2/2 at CityPlace South Tower offers modern metropolitan luxury lifestyle. Spectacular cityscape & ocean views draw your attention upon entrance, magnified by 10-foot, floor-to-ceiling impact sliders in the living room & primary bedroom & a floor-to-ceiling impact window in the 2nd bedroom. Recent updates include a completely remodeled kitchen with designer cabinetry, a wine refrigerator, brilliant quartz countertops illuminated by track lighting & a 2024 Bosch HVAC system. Brand-new custom solar shades conveniently & dramatically unveil the striking views. This is a truly split floor plan. Each bedroom has a walk-in closet with built-ins. Freshly painted, featuring new Ferguson fixtures, this unit is turnkey. Exclusive to the penthouse levels are the extra-high ceilings, the private lounges by the elevator & the security fob needed for elevator access to the top floor. CityPlace South Tower features a resort-style infinity pool on the 9th floor Upper Pool Deck, which has been recently refreshed with fresh greenery, night lighting, a newly stained pergola & a new heater for the huge hot tub. The Summer Kitchen also has grills available for resident use. The Lobby has been refreshed with new furniture, plant life & modern style. The Club Room is a versatile space displaying new countertops & lighting fixtures, a new media area, a new reading nook (ask about the Book Club) & comfortable furniture. There is a fully equipped fitness center with a massage room & the bathrooms each have large saunas & steam rooms. The building offers 24-hour security & front desk attendant & on-site management. Pull up to the porte-cochere & valet park your car or securely enter the gated garage & self-park. The location is extraordinary. The intersection of OKEECHOBEE BLVD & ROSEMARY AVE sees bustling foot traffic for residents walking to & from CityPlace. Among the locales with great proximity are the Kravis Center for Performing Arts, the Palm Beach Convention Center, Ruth's Chris Steakhouse, The Cheesecake Factory, Restoration Hardware (with rooftop restaurant), Pura Vida & Sloan's Ice Cream. Enjoy live music & yoga classes every weekend on the Lawn at CityPlace. Check out the GreenMarket on Saturday mornings. Also nearby is all of the action on CLEMATIS ST & at Grandview Public Market. Notable annual events include SunFest & the Palm Beach International Boat Show. Hop over the bridge to Palm Beach Island & enjoy the ocean beaches. Residents receive discounted rates at both Canopy & the Hilton, which also regularly hosts yoga classes & other events. Ride the Brightline south to Miami or north to Orlando. Enjoy the convenience of the Tri-Rail as well. Palm Beach International Airport is also very close. Calling this residence home is like being issued the key to downtown West Palm Beach.

Location

Details

Type:
Residential
Parking:
1 Space / Assigned / Detached / Garage-Under Building / Guest / Limited # Of Vehicle / No Boats / Parking Garage / Parking-Under Building / Valet / No Rv/Boats
Year Built:
2008
Lot:
No Data
Heating:
Central
Price/sqft:
$893
Cooling:
Central Air
HOA:
$1,280

Valuation

Our model vs. what's actually selling nearby.
Estimate
$529,000
$379K – $759K
Confidence Low
List vs. estimate
$471K above estimate
List $1,000,000 · +89.0%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$892
+350.2% vs. city median $198
Based on
193 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.

Highlights

Annual tax
$12,207
2025
HOA
$1,280/mo
Pool
Community
View
Intracoastal View, Ocean
Waterfront
Intracoastal Front
Garage
1 car garage
Furnished
Furniture For Sale,Furniture Negotiable
Pets
Allowed
All facts and features
  • Flooring

    • Ceramic Floor

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Ice Maker

    • Microwave

    • Electric Range

    • Refrigerator

    • Self Cleaning Oven

    • Wall Oven

    • Washer

    Other interior features

    • Interior Hall

    • Lobby

    • Built-in Features

    • Closet Cabinetry

    • Cooking Island

    • Fire Sprinklers

    • Pantry

    • Split Bedroom

    • Volume Ceilings

    • Walk-In Closet(s)

    • Foyer

    • Storage

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • 1 Space

    • Assigned

    • Detached

    • Garage-Under Building

    • Guest

    • Limited # Of Vehicle

    • No Boats

    • Parking Garage

    • Parking-Under Building

    • Valet

    • No Rv/Boats

    Property

    • Levels: 1

    • Pool Private: Yes

    • Exterior Features: Open Balcony

    Other Property Information

    • Parcel Number: 74434328340002104

    • Zoning: CPD (city)

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • Electricity Connected

    • Phone Connected

    • Cable Available

    • Electricity Available

    • Phone Available

    • Water Available

  • Other financial information

    • HOA: $1,280

    • HOA Frequency: Monthly

    • Annual tax amount: $12,207

  • Source details

    • MLS ID: B26029555

    Other facts

    • Construction Materials: CBS Construction

    • Laundry Features: Washer Hookup

    • Patio And Porch Features: Open Balcony

    • Pool Features: Community

    • Window Features: Complete Impact Glass

    • Direction Faces: Northeast

    • Other Structures: Livable

    • Architectural Style: Penthouse / One Story

    • Waterfront: Yes

    • Garage Spaces: 1

    • Garage: Yes

    • Living Area: 1120

    • Water Source: Public

    • Subdivision Name: 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: Illustrated Properties LLC