$657,988 - $868,000
RENTED JUL 1, 2025

550 Okeechobee 706 Blvd Unit 706 West Palm Beach, FL 33401

Downtown West Palm Beach Neighborhood
2 Beds
2 Baths
1,120 Sq Ft
2008 Built

Highlights

  • Water Views
  • Fitness Center
  • Sauna
  • Palm Beach Public School Rated A-
  • Clubhouse
  • Great Room

About This Home

As of July 2025

Welcome to the perfect urban oasis in West Palm Beach! This stunning 2 bed, 2 bath apartment boasts a fully equipped kitchen, sleek tile flooring, and breathtaking city views overlooking Rosemary Square. Located on the 7th floor of the prestigious South Tower, enjoy access to an array of amenities including a relaxing sauna, spacious clubroom, state-of-the-art fitness center, refreshing pool, and outdoor grills. With 1192 sq. ft of living space, you'll have everything you need to live in style and comfort.

Last Agent to Rent the Property

Mary Gavidia

Scuttina Signature Real Estate Group, LLC License #3156782 Listed on: 04/16/2025

Last Renter's Agent

Mary Gavidia

Scuttina Signature Real Estate Group, LLC License #3156782 Listed on: 04/16/2025

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,484

Year Built

  • Built in 2008

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Assigned Parking

Interior Spaces

  • 1,120 Sq Ft Home
  • Great Room
  • Tile Flooring
  • Water Views
  • Closed Circuit Camera

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Open Patio

Schools

  • Conniston Community Middle School
  • Forest Hill High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Property Available on 7/3/23
  • Assessor Parcel Number 74434328340000706

Community Details

Overview

  • 420 Units
  • Cityplace South Tower Con Subdivision

Amenities

  • Sauna
  • Clubhouse
  • Billiard Room
  • Community Library
  • Bike Room

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Security Guard
  • Resident Manager or Management On Site
  • Card or Code Access
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$9,484

Year Built

Built in 2008

Lot Details

0

Parking

1

Rental Info

  • Tenant Pays: Exterior Electric
  • Available Date: 2023-07-03

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Year Built: 2008
  • Entry Level: 7
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Dual Sinks, Pantry, Split Bedrooms, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Living Area: 1120.0
  • Dining Room Type: Great Room

Exterior Features

  • Exterior Features: Balcony
  • View: Water
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront: No
  • Patio And Porch Features: Balcony, Open

Garage/Parking

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

Utilities

  • Security: Closed Circuit Camera(s), Key Card Entry, Security Guard, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Clubhouse, Non-Gated, Property Manager On-Site, Pool, Sauna
  • Senior Community: No
  • Amenities: Billiard Room, Bike Storage, Clubhouse, Fitness Center, Library, Management, Pool, Sauna, Spa/Hot Tub

Schools

  • High School: Forest Hill
  • Middle Or Junior School: Conniston Community

Lot Info

  • Parcel #: 74434328340000706
  • Land Lease Amount Frequency: Monthly

Multi Family

  • Number Of Units In Community: 420

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 29, 2009
Sold by
Cityplace South Tower Llc
Bought by
Rathjen Mark
Current Estimated Value
$760,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,560
Outstanding Balance
$215,516
Interest Rate
5.23%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$534,734
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Rathjen Mark $414,453 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rathjen Mark $331,560
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2025 07/01/25 Rented $3,150 -4.5% --
06/13/2025 06/13/25 Under Contract -- -- --
04/16/2025 04/16/25 For Rent $3,300 +32.0% --
05/17/2021 05/17/21 Rented $2,500 -3.8% --
04/17/2021 04/17/21 Under Contract -- -- --
03/24/2021 03/24/21 For Rent $2,600 -- --
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 $9,484 $396,638 -- --
2023 $8,990 $360,580 $0 $0
2022 $7,374 $327,800 $0 $0
2021 $6,677 $298,000 $0 $298,000
2020 $7,182 $325,000 $0 $325,000
2019 $6,930 $340,000 $0 $340,000
2018 $6,039 $300,000 $0 $300,000
2017 $5,608 $280,000 $0 $0
2016 $4,943 $215,000 $0 $0
2015 $5,768 $245,000 $0 $0
2014 $5,361 $225,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Landlord's Agent in 2025

    Mary Gavidia

    Scuttina Signature Real Estate Group, LLC

    (786) 253-0524

    1 in this area

    4 Total Sales

    Section Image

  • T

    Buyer's Agent in 2021

    Thalia Arellano

    Sutter & Nugent LLC

    (561) 876-3393

    7 in this area

    47 Total Sales

    Section Image
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Map

Source: BeachesMLS

MLS Number: R11082089

BeachesMLS

APN: 74-43-43-28-34-000-0706

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

550 Okeechobee 706 Blvd Unit 706, West Palm Beach, FL

This home is located at 550 Okeechobee 706 Blvd Unit 706, West Palm Beach, FL 33401 since 16 April 2025 and is currently priced at $737,247. This property was built in 2008. 550 Okeechobee 706 Blvd Unit 706 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.

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