$250,000
SOLD APR 23, 2013

City Place South Tower 550 Okeechobee Blvd Unit 1006 West Palm Beach, FL 33401

Downtown West Palm Beach Neighborhood
2 Beds
2 Baths
1,192 Sq Ft
$636/mo HOA Fee

Recently Sold

$210 Per Sq Ft

19% Below List Price

105 Days on Market

Highlights

  • Fitness Center
  • Intracoastal View
  • Walk-In Closet
  • Palm Beach Public School Rated A-
  • Community Pool
  • Breakfast Bar

About This Home

As of May 2025

What a great view! Impact windows, split plan, granite - stainless, over sized balcony - very impressive building - outstanding exercise and pool areas- 24 hour attended lobby and valet parking - six exclusive elevators incl. owner controlled access covered garage with controlled 24 hour access - priv. meeting facility - 3/4 acre resort type deck with expansive lounge areas and hot tub - under cover drive up to building - right across from city place and the Kravis Center

Last Agent to Sell the Property

John Detweiler

Boca Real Estators License #21797 Listed on: 12/08/2012

Last Buyer's Agent

Susan Hoffman

Distinctive Realty Group LLC License #3133154

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,438

Year Built

  • Built in 2008

HOA Fees

  • $636 Monthly HOA Fees

Parking

  • Assigned Parking

Interior Spaces

  • 1,192 Sq Ft Home
  • Combination Dining and Living Room

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 74434328340001006

Community Details

Overview

  • Association fees include common areas
  • 420 Units
  • Cityplace South Tower Con Subdivision
  • 20-Story Property

Recreation

  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,438

Year Built

Built in 2008

Lot Details

0

HOA Fees

$636 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: From 95 and Okeechobee go east just past conv. center on S. side
  • Year Built: 2008
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar, Living/Dining Room, Split Bedrooms, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1192.0
  • Stories: 20

Exterior Features

  • View: Intercoastal, Water
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront: No
  • Construction Type: Block

Garage/Parking

  • Parking Features: Assigned

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 636.0
  • Community Features: Pool
  • Senior Community: No
  • Amenities: Fitness Center, Pool, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas

Lot Info

  • Parcel #: 74434328340001006
  • Zoning Description: Res
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 5438.0

Multi Family

  • Number Of Units In Community: 420

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2024
Closed on
May 12, 2025
Sold by
Jelm Llc
Bought by
Gassenheimer James and Gassenheimer Patricia
Seller's Agent
Seth Koretzky
Compass Florida LLC
Buyer's Agent
JACQUELINE MARKS
Douglas Elliman
List Price
$775,000
Sold Price
$720,000
Premium/Discount to List
-$55,000
-7.1%
Views
37
Current Estimated Value
$724,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,376
Avg. Annual Appreciation
2.19%

Purchase Details

Listed on
Jan 16, 2023
Closed on
Feb 15, 2023
Sold by
Zanga Okeechobee Property Holdings Llc
Bought by
Jelm Llc
Seller's Agent
Seth Koretzky
Compass Florida LLC
Buyer's Agent
Seth Koretzky
Compass Florida LLC
List Price
$819,000
Sold Price
$760,000
Premium/Discount to List
-$59,000
-7.2%
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.37%

Purchase Details

Listed on
Dec 7, 2021
Closed on
Jan 31, 2022
Sold by
Elena Topalova
Bought by
Zanga Okeechobee Property Holdings Llc
Seller's Agent
Peter Conn
Compass Florida LLC
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$695,000
Sold Price
$695,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.98%

Purchase Details

Listed on
Dec 8, 2012
Closed on
May 24, 2013
Sold by
Badelpa Llc
Bought by
Monsa Llc
Seller's Agent
John Detweiler
Boca Real Estators
Buyer's Agent
Susan Hoffman
Distinctive Realty Group LLC
List Price
$310,000
Sold Price
$250,000
Premium/Discount to List
-$60,000
-19.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.35%

Purchase Details

Listed on
Dec 8, 2012
Closed on
Apr 19, 2013
Sold by
Saglamyurek Elif
Bought by
Badelpa Llc
Seller's Agent
John Detweiler
Boca Real Estators
Buyer's Agent
Susan Hoffman
Distinctive Realty Group LLC
List Price
$310,000
Sold Price
$250,000
Premium/Discount to List
-$60,000
-19.35%

Purchase Details

Closed on
Nov 24, 2010
Sold by
Abaci Gulsen and Saglamyurek Elif
Bought by
Saglamyurek Elif

Purchase Details

Closed on
Nov 24, 2009
Sold by
West Palm Condo Llc
Bought by
Abaci Gulsen
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $720,000 None Listed On Document
Warranty Deed $720,000 None Listed On Document
Warranty Deed $760,000 New Path Title
Warranty Deed $695,000 New Title Company Name
Warranty Deed $178,500 Attorney
Warranty Deed $250,000 Mariner Title Co
Interfamily Deed Transfer -- None Available
Special Warranty Deed $325,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $285,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2025 05/16/25 Sold $720,000 -4.0% $634 / Sq Ft
03/04/2025 03/04/25 Price Changed $750,000 -2.6% $660 / Sq Ft
09/03/2024 09/03/24 Price Changed $770,000 -0.6% $678 / Sq Ft
04/09/2024 04/09/24 For Sale $775,000 +2.0% $682 / Sq Ft
02/15/2023 02/15/23 Sold $760,000 -7.2% $669 / Sq Ft
01/16/2023 01/16/23 For Sale $819,000 +17.8% $721 / Sq Ft
01/31/2022 01/31/22 Sold $695,000 0.0% $621 / Sq Ft
12/22/2021 12/22/21 Pending -- -- --
12/07/2021 12/07/21 For Sale $695,000 +82.9% $621 / Sq Ft
04/29/2021 04/29/21 Sold $380,000 -2.6% $339 / Sq Ft
03/30/2021 03/30/21 Pending -- -- --
10/01/2020 10/01/20 For Sale $390,000 0.0% $348 / Sq Ft
09/27/2018 09/27/18 Rented $2,250 -4.3% --
08/24/2018 08/24/18 Under Contract -- -- --
08/22/2018 08/22/18 For Rent $2,350 -2.1% --
11/09/2015 11/09/15 Rented $2,400 0.0% --
10/10/2015 10/10/15 Under Contract -- -- --
10/08/2015 10/08/15 For Rent $2,400 +9.1% --
05/01/2014 05/01/14 Rented $2,200 -4.3% --
04/01/2014 04/01/14 Under Contract -- -- --
03/28/2014 03/28/14 For Rent $2,300 0.0% --
04/23/2013 04/23/13 Sold $250,000 -19.4% $210 / Sq Ft
03/24/2013 03/24/13 Pending -- -- --
12/08/2012 12/08/12 For Sale $310,000 -- $260 / 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 $12,336 $593,000 -- --
2023 $12,214 $583,000 $0 $583,000
2022 $7,345 $381,240 $0 $0
2021 $7,133 $319,000 $0 $319,000
2020 $7,994 $355,000 $0 $355,000
2019 $7,744 $370,000 $0 $370,000
2018 $6,783 $330,000 $0 $330,000
2017 $6,312 $310,000 $0 $0
2016 $5,616 $245,000 $0 $0
2015 $6,460 $275,000 $0 $0
2014 $6,059 $255,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2025

    Seth Koretzky

    Compass Florida LLC

    (561) 339-7745

    37 in this area

    81 Total Sales

    Seth Koretzky
    Section Image

  • J

    Buyer's Agent in 2025

    JACQUELINE MARKS

    Douglas Elliman

    (561) 655-8600

    2 in this area

    7 Total Sales

    JACQUELINE MARKS
    Section Image

  • P

    Seller's Agent in 2022

    Peter Conn

    Compass Florida LLC

    Section Image

  • E

    Seller Co-Listing Agent in 2022

    Elizabeth DeWoody

    Compass Florida, LLC

    (561) 308-0931

    8 in this area

    114 Total Sales

    Elizabeth DeWoody
    Section Image

  • N

    Buyer's Agent in 2022

    NON MEMBER

    NON MEMBER FIRM

  • Maria Iurescia

    Seller's Agent in 2021

    Maria Iurescia

    Highlight Realty Corp/LW

    (561) 541-5487

    7 in this area

    80 Total Sales

    Maria Iurescia
    Section Image
See All Agents

About City Place South Tower

Map

Source: BeachesMLS

MLS Number: R3330206

BeachesMLS

APN: 74-43-43-28-34-000-1006

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

550 Okeechobee Blvd Unit 1006, West Palm Beach, FL

This home is located at 550 Okeechobee Blvd Unit 1006, West Palm Beach, FL 33401 and is currently priced at $250,000, approximately $209 per square foot. This property was built in 2008. 550 Okeechobee Blvd Unit 1006 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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