NOT LISTED FOR SALE

City Place South Tower 550 Okeechobee Blvd Unit 1120 West Palm Beach, FL 33401

Downtown West Palm Beach Neighborhood

Estimated Value: $701,000 - $896,000

2 Beds
2 Baths
1,136 Sq Ft
$664/Sq Ft Est. Value

Last Sold December 21, 2023

Last sale price $675,000 $594 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $5,244/month

About This Home

As of December 2023

Come and see this beautifully designed condo available as a seasonal rental in the heart of Downtown West Palm Beach. A two bed two bath, split floor plan unit, with great natural light and sunset views. New floors and light fixtures, plus over 1,100 sq ft of interior space. Floor to ceiling hurricane impact windows in every room, which provide an abundance of natural light and noise reduction. One parking space available with the apartment as well. South Tower is a high-end luxury building with amenities including valet service, a large infinity pool, summer kitchen with three grills, jacuzzi, expansive clubroom with pool table and a great fitness center with updated equipment. 5 mins from the Beach and steps away from great restaurants and shopping.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2023
Closed on
Dec 21, 2023
Sold by
Fisher Carla S
Bought by
Declaration Of Trust and Sullivan
Seller's Agent
Jonathan Santiago
Compass Florida LLC
Buyer's Agent
Sydney Sclafani
Realty ONE Group Innovation
Sold Price
$6,000
Views
4
Current Estimated Value
$754,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$748,322
Avg. Annual Appreciation
8.52%

Purchase Details

Listed on
Jan 21, 2021
Closed on
Jun 18, 2021
Sold by
Karucev Place Llc
Bought by
Fisher Carla S
Seller's Agent
Matthew Goldstein
Keller Williams Realty Services
Buyer's Agent
Mariah Gonzales
Compass Florida LLC
List Price
$375,000
Sold Price
$370,000
Premium/Discount to List
-$5,000
-1.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.19%
Original Mortgage
$296,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2018
Sold by
Sic Logistics Llc
Bought by
Karucev Place Llc

Purchase Details

Closed on
Apr 10, 2015
Sold by
Gb West Palm 1 Llc
Bought by
Sic Logistics Llc
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Declaration Of Trust $675,000 New Path Title
Fisher Carla S -- Attorney
Fisher Carla S $370,000 Attorney
Karucev Place Llc -- Attorney
Sic Logistics Llc $293,000 Title Masters Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fisher Carla S $296,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/01/2024 01/01/24 Rented $6,000 0.0% --
12/21/2023 12/21/23 Sold $675,000 -2.9% $594 / Sq Ft
12/01/2023 12/01/23 For Sale $695,000 0.0% $612 / Sq Ft
11/30/2023 11/30/23 For Rent $4,000 0.0% --
11/30/2023 11/30/23 Price Changed $4,000 -33.3% $4 / Sq Ft
07/31/2023 07/31/23 Under Contract -- -- --
07/20/2023 07/20/23 Price Changed $6,000 -25.0% $5 / Sq Ft
07/20/2023 07/20/23 For Rent $8,000 0.0% --
06/21/2021 06/21/21 Sold $370,000 -1.3% $326 / Sq Ft
05/22/2021 05/22/21 Pending -- -- --
01/21/2021 01/21/21 For Sale $375,000 0.0% $330 / Sq Ft
12/15/2018 12/15/18 Rented $2,500 -5.7% --
11/15/2018 11/15/18 Under Contract -- -- --
10/07/2018 10/07/18 For Rent $2,650 +1.9% --
09/21/2017 09/21/17 For Rent $2,600 +4.0% --
09/21/2017 09/21/17 Rented $2,500 +4.2% --
09/14/2016 09/14/16 Rented $2,400 -2.0% --
08/15/2016 08/15/16 Under Contract -- -- --
08/11/2016 08/11/16 For Rent $2,450 +2.1% --
08/01/2015 08/01/15 Rented $2,400 -7.7% --
07/02/2015 07/02/15 Under Contract -- -- --
05/26/2015 05/26/15 For Rent $2,600 -- --

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 $12,500 $601,000 -- --
2023 $10,086 $428,868 $0 $0
2022 $8,419 $389,880 $0 $0
2021 $7,329 $328,000 $0 $328,000
2020 $7,994 $355,000 $0 $355,000
2019 $8,403 $370,000 $0 $370,000
2018 $6,639 $300,000 $0 $300,000
2017 $6,159 $275,000 $0 $0
2016 $6,177 $270,000 $0 $0
2015 $6,304 $252,890 $0 $0
2014 $5,779 $229,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    Jonathan Santiago

    Compass Florida LLC

    (347) 307-2166

    22 in this area

    43 Total Sales

    Jonathan Santiago
    Section Image

  • S

    Buyer's Agent in 2024

    Sydney Sclafani

    Realty ONE Group Innovation

    (561) 622-5000

    5 Total Sales

    Sydney Sclafani
    Section Image
  • Maureen O'Connor

    Buyer's Agent in 2023

    Maureen O'Connor

    Paradise Real Estate Intl

    10 in this area

    18 Total Sales

    Maureen O'Connor
    Section Image

  • M

    Seller's Agent in 2021

    Matthew Goldstein

    Keller Williams Realty Services

    (561) 459-7114

    1 in this area

    425 Total Sales

    Matthew Goldstein
    Section Image

  • M

    Buyer's Agent in 2021

    Mariah Gonzales

    Compass Florida LLC

    (561) 281-8452

    23 in this area

    48 Total Sales

    Mariah Gonzales
    Section Image

  • M

    Seller's Agent in 2018

    Mariana Dudek

    Leibowitz Realty Group, LLC./PBG

    (561) 402-3564

    1 in this area

    12 Total Sales

    Mariana Dudek
    Section Image
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About City Place South Tower

Map

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

550 Okeechobee Blvd Unit 1120, West Palm Beach, FL

This home is located at 550 Okeechobee Blvd Unit 1120, West Palm Beach, FL 33401 and is currently estimated at $754,322, approximately $664 per square foot. 550 Okeechobee Blvd Unit 1120 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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