NOT LISTED FOR SALE

City Place South Tower 550 Okeechobee Blvd Unit 118 West Palm Beach, FL 33401

Downtown West Palm Beach Neighborhood

Estimated Value: $504,674 - $584,000

1 Bed
1 Bath
851 Sq Ft
1 Acres

Last Sold August 28, 2020

Last sale price $305,000 $358 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $3,461/month

Highlights

  • Fitness Center
  • Sauna
  • Billiard Room
  • Palm Beach Public School Rated A-
  • Community Pool
  • Elevator

About This Home

As of April 2023

One-of-a-kind loft with 12' ceilings at CityPlace South Tower. Former model unit with custom barn doors creating an open floorplan with incredible upgrades, including reclaimed brick walls and wide-plank wood flooring. All utilities included except electric. Assigned parking space is conveniently located on first floor, steps away from unit. The Square, Kravis, Convention Center, Brightline and free Trolley are outside your door. This unit has two entry points- building entry/street entry. Bicycle along intracoastal or to beach. CPST is a full-service luxury building with a 24-hour doorman, valet, resort pool, fitness center and much more! Short-term rental an option. One pet allowed under 30 lbs. Building has breed restrictions. Non-smoking. Building requires Background/Credit check.

Last Agent to Rent the Property

Ron Haibi

Bridgestone Realty LLC License #3071659 Listed on: 04/08/2023

Last Renter's Agent

Ron Haibi

Bridgestone Realty LLC License #3071659 Listed on: 04/08/2023

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,752

Year Built

  • Built in 2008

Lot Details

  • 1

Parking

  • 1 Car Garage

Interior Spaces

  • 851 Sq Ft Home
  • Blinds

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • Northwest Facing Home
  • Cable TV Available

Listing and Financial Details

  • Property Available on 5/1/22
  • Renewal Option
  • Assessor Parcel Number 74434328340000118

Community Details

Amenities

  • Billiard Room
  • Elevator

Recreation

  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Additional Features

  • Cityplace South Tower Con Subdivision
  • Resident Manager or Management On Site

Condo Details

Home Type

Condominium

Est. Annual Taxes

$6,752

Year Built

Built in 2008

Lot Details

0

Parking

1

Rental Info

  • Available Date: 2022-05-01

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: I-95 to Okeechobee Blvd exit, East on Okeechobee, right on Rosemary Ave. Building is on the left an provides complimentary valet parking.
  • Year Built: 2008
  • Lease Renewal Option: Yes
  • Entry Level: 1
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Living Area: 851.0
  • Window Features: Blinds, Drapes

Exterior Features

  • Pool Features: None, Community
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Direction Faces: Northwest

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: One Space

Utilities

  • Utilities: Cable Available

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Billiard Room, Community Kitchen, Elevator(s), Fitness Center, Hobby Room, Management, Maintenance, Pool, Sauna, Spa/Hot Tub
  • Pets Allowed: Size Limit, Yes

Lot Info

  • Parcel #: 74434328340000118
  • Land Lease Amount Frequency: Annually

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2020
Closed on
Aug 28, 2020
Sold by
Vandersnick Roger and Wickberg Dawn
Bought by
Vesco Maritza and Vesco Genesis M
Seller's Agent
Darren Wiggins
Bleu Palms Real Estate
Buyer's Agent
Darren Wiggins
Bleu Palms Real Estate
List Price
$335,000
Sold Price
$305,000
Premium/Discount to List
-$30,000
-8.96%
Current Estimated Value
$524,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,574
Avg. Annual Appreciation
11.05%

Purchase Details

Listed on
Jan 13, 2018
Closed on
Jul 31, 2018
Sold by
Wiggins Darren and Wiggins Vallerie
Bought by
Vandersnick Roger
Seller's Agent
Darren Wiggins
Bleu Palms Real Estate
Buyer's Agent
Darren Wiggins
Bleu Palms Real Estate
List Price
$325,000
Sold Price
$290,000
Premium/Discount to List
-$35,000
-10.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.45%

Purchase Details

Closed on
Jan 4, 2016
Sold by
Gb West Palm 1 Llc
Bought by
Wiggins Darren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,750
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2009
Sold by
Cityplace South Tower Llc
Bought by
West Palm Condo Llc
Source: Public Records

Range of Values:

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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
Vesco Maritza $305,000 Attorney
Vandersnick Roger $290,000 Attorney
Wiggins Darren $205,000 Title Matters Llc
West Palm Condo Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wiggins Darren $194,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2023 04/29/23 Rented $3,000 0.0% --
04/08/2023 04/08/23 For Rent $3,000 0.0% --
07/10/2022 07/10/22 Rented $3,000 -14.3% --
06/10/2022 06/10/22 Under Contract -- -- --
04/19/2022 04/19/22 For Rent $3,500 0.0% --
08/28/2020 08/28/20 Sold $305,000 -9.0% $358 / Sq Ft
07/29/2020 07/29/20 Pending -- -- --
06/15/2020 06/15/20 For Sale $335,000 +15.5% $394 / Sq Ft
07/31/2018 07/31/18 Sold $290,000 -10.8% $341 / Sq Ft
07/01/2018 07/01/18 Pending -- -- --
01/13/2018 01/13/18 For Sale $325,000 -- $382 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $6,752 $320,000 -- --
2023 $6,384 $300,000 $0 $300,000
2022 $6,140 $275,000 $0 $0
2021 $5,633 $250,000 $0 $250,000
2020 $4,260 $185,000 $0 $185,000
2019 $4,522 $195,000 $0 $195,000
2018 $2,986 $173,570 $0 $0
2017 $2,926 $170,000 $0 $0
2016 $3,057 $115,152 $0 $0
2015 $2,725 $104,684 $0 $0
2014 $2,389 $95,167 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ron Haibi

    Landlord's Agent in 2023

    Ron Haibi

    Bridgestone Realty LLC

    (954) 274-0593

    84 Total Sales

    Section Image

  • M

    Buyer's Agent in 2022

    Marcus Howard Schnellenberger

    Epique Realty, Inc.

    (954) 736-8416

    27 Total Sales

    Section Image

  • D

    Seller's Agent in 2020

    Darren Wiggins

    Bleu Palms Real Estate

    (561) 228-8420

    2 in this area

    5 Total Sales

    Section Image
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About City Place South Tower

Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10375309

BeachesMLS (Greater Fort Lauderdale)

APN: 74-43-43-28-34-000-0118

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

550 Okeechobee Blvd Unit 118, West Palm Beach, FL

This home is located at 550 Okeechobee Blvd Unit 118, West Palm Beach, FL 33401 since 08 April 2023 and is currently priced at $530,669. This property was built in 2008. 550 Okeechobee Blvd Unit 118 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 (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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