City Place South Tower 550 Okeechobee Blvd Unit 1006 West Palm Beach, FL 33401
Downtown West Palm Beach Neighborhood
2
Beds
2
Baths
1,120
Sq Ft
$825/mo
HOA Fee
Highlights
- Doorman
- Fitness Center
- Clubhouse
- Palm Beach Public School Rated A-
- Cabana
- Property is near a clubhouse
About This Home
As of May 2025Now available for sale! 550 Okeechobee Blvd, Unit 1006 is a beautifully renovated high floor condominium home with expansive views of Downtown WPB and the ocean just steps from Rosemary Square. Replete with 2 bedrooms, 2 baths, new porcelain tile floors, new chef's kitchen with quartz counters, high end stainless steel appliances (including wine refrigerator), new Electrolux washer & dryer, an expansive terrace, and floor to ceiling hurricane impact windows, this home leaves no stone unturned. CityPlace South Tower is a pet friendly full service luxury building with 24 hour doorman, valet, resort pool, gym, club room, and spa facilities located in the center of WPB minutes from PB International Airport, Palm Beach Island, Interstate 1-95, and the Brightline.
Last Agent to Sell the Property
Peter Conn
Compass Florida LLC License #3442234 Listed on: 12/07/2021
Last Buyer's Agent
NON MEMBER
NON MEMBER FIRM
Property Details
Home Type
- Condo-Op
Est. Annual Taxes
- $7,994
Year Built
- Built in 2008
HOA Fees
- $825 Monthly HOA Fees
Parking
- Garage
Interior Spaces
- 1,120 Sq Ft Home
- Dining Area
- Home Gym
- Tile Flooring
Kitchen
- Eat-In Kitchen
- Single Oven
- Electric Range
- Freezer
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Home Security
- High Impact Windows
- High Impact Door
- Fire and Smoke Detector
Pool
- Cabana
- Pool and Spa
- Outdoor Pool
Utilities
- Central Heating and Cooling System
- Cable TV Available
Additional Features
- North Facing Home
- Property is near a clubhouse
Listing and Financial Details
- Assessor Parcel Number 74434328340001006
Community Details
Overview
- 422 Units
- Cityplace South Tower Community
- 20-Story Property
Amenities
- Doorman
- Elevator
Recreation
Pet Policy
- Pet Restriction
- Dogs and Cats Allowed
Security
- Security Guard
- Resident Manager or Management On Site
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
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
Similar Homes in West Palm Beach, FL
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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
Average Home Value in this Area
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: Palm Beach Board of REALTORS®
Tax History Compared to Growth
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
-
Seth Koretzky
S
Seller's Agent in 2025
Seth Koretzky
Compass Florida LLC
(561) 339-7745
37 in this area
81 Total Sales
-
JACQUELINE MARKS
J
Buyer's Agent in 2025
JACQUELINE MARKS
Douglas Elliman
(561) 655-8600
2 in this area
7 Total Sales
-
P
Seller's Agent in 2022
Peter Conn
Compass Florida LLC
-
Elizabeth DeWoody
E
Seller Co-Listing Agent in 2022
Elizabeth DeWoody
Compass Florida, LLC
(561) 308-0931
8 in this area
114 Total Sales
-
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
About City Place South Tower
Map
Source: Palm Beach Board of REALTORS®
MLS Number: 21-1729
APN: 74-43-43-28-34-000-1006
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