NOT LISTED FOR SALE

550 Okeechobee 1408 Blvd Unit 1408 West Palm Beach, FL 33401

Downtown West Palm Beach Neighborhood

Estimated Value: $691,000 - $730,000

2 Beds
2 Baths
1,120 Sq Ft
$828/mo HOA Fee

Last Sold March 15, 2021

Last sale price $371,000 $331 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $5,075/month

22 Days on Market

Highlights

  • Doorman
  • Water Views
  • Roman Tub
  • Palm Beach Public School Rated A-
  • Clubhouse
  • Sauna

About This Home

As of March 2021

Great opportunity!!!! Don't Miss Out to own this stunning 2 Bedroom/2 Bathroom, with a large balcony with a Spectacular North city view from the living room and Master bedroom. It offers a Porcelain Tile throughout the entire unit with Marble and granite countertops and Stainless steel appliances. ready to move in! residence located in the heart of downtown West Palm Beach. few blocks away from, beaches and famous Palm Beach with World-class Shops, restaurants, and Entertainments.Live the resort lifestyle in this meticulously maintained condominium which offers its residents first-class amenities, state of the art gym, a beautiful Infinity lap Size pool with incredible Intracoastal views, Summer Kitchen, Spa, Sauna, Steam Room, Club Lounge,

Last Agent to Sell the Property

Helena Khoshnevis

Partnership Realty Inc. License #3144351 Listed on: 01/22/2021

Partnership Realty Inc.

Last Buyer's Agent

Astrid Amaya

Reliant Realty ERA Powered License #3312706

Reliant Realty ERA Powered

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,654

Year Built

  • Built in 2008

Lot Details

  • 1

HOA Fees

  • $828 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Assigned Parking

Interior Spaces

  • 1,120 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Water Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Roman Tub
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 74434328340001408

Community Details

Overview

  • Association fees include common areas, hot water, ground maintenance, parking, pool(s), roof, sewer, security, trash, water
  • Cityplace South Tower Con Subdivision
  • 21-Story Property

Amenities

  • Doorman
  • Sauna
  • Clubhouse
  • Elevator

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Impact Glass
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,654

Year Built

Built in 2008

Lot Details

0

HOA Fees

$828 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: I-95, head east on Okeechobee Blvd, 550 building is directly next to the Hilton hotel.
  • Year Built: 2008
  • Entry Level: 21
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Elevator, Garden Tub/Roman Tub, Split Bedrooms, Separate Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Other
  • Living Area: 1120.0
  • Dining Room Type: Laundry
  • Stories: 21
  • Window Features: Blinds, Impact Glass

Exterior Features

  • View: Water
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront: No
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Assigned, Covered, Garage, Garage Door Opener

Utilities

  • Security: Door Man, Fire Sprinkler System, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 828.0
  • Community Features: Clubhouse, Non-Gated, Pool, Sauna
  • Senior Community: No
  • Amenities: Clubhouse, Pool, Sauna, Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Hot Water, Maintenance Grounds, Parking, Pool(s), Roof, Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 74434328340001408
  • Zoning Description: CPD(ci

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 8654.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 26, 2025
Sold by
Pena Carlos and Calzado Alicia
Bought by
Chadason Paul and Mcgrory Jane M
Current Estimated Value
$697,657

Purchase Details

Listed on
Jan 22, 2021
Closed on
Mar 15, 2021
Sold by
Morel Marco and Morel Mahin
Bought by
Pena Carlos and Calzado Alicia
Seller's Agent
Helena Khoshnevis
Partnership Realty Inc.
Buyer's Agent
Astrid Amaya
Reliant Realty ERA Powered
List Price
$371,000
Sold Price
$371,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.89%
Original Mortgage
$278,250
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2013
Sold by
Gb West Palm I Llc
Bought by
Morel Marco
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Chadason Paul $680,000 Attorneys Key Title
Chadason Paul $680,000 Attorneys Key Title
Pena Carlos $371,000 Attorney
Pena Carlos $371,000 None Listed On Document
Morel Marco $345,000 Title Matters Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pena Carlos $278,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2021 03/15/21 Sold $371,000 0.0% $331 / Sq Ft
02/13/2021 02/13/21 Pending -- -- --
01/21/2021 01/21/21 For Sale $371,000 -- $331 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,539 $351,854 -- --
2023 $6,372 $341,606 $0 $0
2022 $6,300 $331,656 $0 $0
2021 $7,590 $340,000 $0 $340,000
2020 $8,654 $385,000 $0 $385,000
2019 $8,558 $400,000 $0 $400,000
2018 $7,527 $360,000 $0 $360,000
2017 $7,016 $340,000 $0 $0
2016 $6,289 $275,000 $0 $0
2015 $7,151 $305,000 $0 $0
2014 $6,757 $285,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Helena Khoshnevis

    Seller's Agent in 2021

    Helena Khoshnevis

    Partnership Realty Inc.

    (561) 635-0512

    1 in this area

    2 Total Sales

    Section Image
  • Astrid Amaya

    Buyer's Agent in 2021

    Astrid Amaya

    Reliant Realty ERA Powered

    (561) 951-2236

    1 in this area

    46 Total Sales

    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10686472

BeachesMLS

APN: 74-43-43-28-34-000-1408

Florida Palm Beach County West Palm Beach 33401 Downtown West Palm Beach

550 Okeechobee 1408 Blvd Unit 1408, West Palm Beach, FL

This home is located at 550 Okeechobee 1408 Blvd Unit 1408, West Palm Beach, FL 33401 since 22 January 2021 and is currently estimated at $709,879, approximately $633 per square foot. This property was built in 2008. 550 Okeechobee 1408 Blvd Unit 1408 is a home located in Palm Beach County with nearby schools including Palm Beach Public School, Conniston Middle School, and Forest Hill Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes