NOT LISTED FOR SALE

City Place South Tower 550 Okeechobee Blvd Unit 1 West Palm Beach, FL 33401

Downtown West Palm Beach Neighborhood

Estimated Value: $1,693,000 - $1,882,503

3 Beds
2 Baths
1,606 Sq Ft
$1,096/Sq Ft Est. Value

About This Home

This home is located at 550 Okeechobee Blvd Unit 1, West Palm Beach, FL 33401 and is currently estimated at $1,759,376, approximately $1,095 per square foot. 550 Okeechobee Blvd Unit 1 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2024
Sold by
550Mph1 Llc
Bought by
Gruber Chad and Gruber Jessica
Current Estimated Value
$1,759,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,443,750
Outstanding Balance
$1,426,638
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$164,550

Purchase Details

Closed on
Jun 11, 2022
Sold by
Opotowsky and Kathryn
Bought by
550Mph1 Llc

Purchase Details

Closed on
Mar 26, 2010
Sold by
West Palm Condo Llc
Bought by
Opotowsky Stuart

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.93%
Mortgage Type
New Conventional

Range of Values:

Collateral Analytics

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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.

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First American

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Quantarium

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Average Value
Not Available
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
Gruber Chad $1,925,000 None Listed On Document
550Mph1 Llc $1,655,000 Trident Title
Opotowsky Stuart $580,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gruber Chad $1,443,750
Previous Owner Opotowsky Stuart $369,428
Previous Owner Opotowsky Stuart $400,000
Source: Public Records

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 $28,799 $1,311,200 -- --
2023 $24,761 $1,192,000 $0 $1,192,000
2022 $8,991 $459,326 $0 $0
2021 $8,978 $445,948 $0 $0
2020 $8,934 $439,791 $0 $0
2019 $8,802 $429,903 $0 $0
2018 $8,359 $421,887 $0 $0
2017 $8,264 $413,210 $0 $0
2016 $8,253 $404,711 $0 $0
2015 $8,420 $401,898 $0 $0
2014 $8,429 $398,708 $0 $0
Source: Public Records

About City Place South Tower

Map

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

550 Okeechobee Blvd Unit 1, West Palm Beach, FL

Homes for Sale in West Palm Beach, FL

This home is located at 550 Okeechobee Blvd Unit 1, West Palm Beach, FL 33401 and is currently estimated at $1,759,376, approximately $1,095 per square foot. 550 Okeechobee Blvd Unit 1 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.

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