City Place South Tower 550 Okeechobee Blvd Unit 1202 West Palm Beach, FL 33401
Downtown West Palm Beach Neighborhood
3
Beds
2
Baths
1,709
Sq Ft
$1,341/mo
HOA Fee
Highlights
- Fitness Center
- Clubhouse
- Sauna
- Palm Beach Public School Rated A-
- Marble Flooring
- Community Pool
About This Home
As of June 2023The only 3 bedroom unit for sale in Cityplace South Tower! Direct Water Views from this stunning designer turnkey north and east facing unit with wraparound terrace. Just bring your toothbrush! Includes 2 parking spaces and additional private storage. Other features include extended oversized counter-height kitchen island with a farm style sink, GE Monorgram refrigerator, separate wine fridge, high end bedroom carpeting, window treatments, amongst a number of other well thought out upgrades. CityPlace South Tower is a full service luxury building with 24 hour doorman, valet, resort pool, gym, club room, and spa facilities. Located across from Rosemary Square in the heart of West Palm Beach. Walkable to the waterfront, Clematis St,
Last Agent to Sell the Property
Compass Florida LLC License #3312479 Listed on: 01/13/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $12,903
Year Built
- Built in 2008
HOA Fees
- $1,341 Monthly HOA Fees
Parking
- 2 Car Garage
Interior Spaces
- 1,709 Sq Ft Home
- Built-In Features
- Combination Dining and Living Room
Kitchen
- Cooktop
- Microwave
- Dishwasher
Flooring
- Carpet
- Marble
Bedrooms and Bathrooms
- 3 Bedrooms
- Split Bedroom Floorplan
- 2 Full Bathrooms
- Dual Sinks
- Separate Shower in Primary Bathroom
Laundry
- Dryer
- Washer
Home Security
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 74434328340001202
Community Details
Overview
- Association fees include management, common areas, cable TV, insurance, reserve fund, sewer, security, trash, water, internet
- Cityplace South Tower Con Subdivision
- 20-Story Property
Amenities
- Billiard Room
- Community Storage Space
- Community Wi-Fi
Recreation
- Community Spa
Pet Policy
- Pets Allowed
Security
- Resident Manager or Management On Site
- Impact Glass
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 13, 2023
Closed on
Jul 3, 2023
Sold by
Sokolich Mark and Sokolich Denise
Bought by
Myers Steven
Seller's Agent
Seth Koretzky
Compass Florida LLC
Buyer's Agent
Seth Koretzky
Compass Florida LLC
List Price
$1,695,000
Sold Price
$1,375,000
Premium/Discount to List
-$320,000
-18.88%
Views
26
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
-$42,304
Avg. Annual Appreciation
-0.39%
Original Mortgage
$1,100,000
Outstanding Balance
$1,077,492
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$286,752
Purchase Details
Listed on
Feb 2, 2017
Closed on
Feb 24, 2017
Sold by
Kann Maryann
Bought by
Sokolich Mark
Seller's Agent
Karen Donnelly
William Raveis Real Estate
Buyer's Agent
Tierney O'Hara
Sotheby's Intl. Realty, Inc.
List Price
$750,000
Sold Price
$725,000
Premium/Discount to List
-$25,000
-3.33%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.71%
Purchase Details
Closed on
Apr 30, 2015
Sold by
Napolitano Michael A and Napolitano Carolyn
Bought by
Kann Maryann
Purchase Details
Closed on
Dec 23, 2008
Sold by
Cityplace South Tower Llc
Bought by
Napolitano Michael A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.96%
Mortgage Type
Purchase Money Mortgage
Similar Homes in West Palm Beach, FL
Create a Home Valuation Report for This Property
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 | $1,375,000 | New Path Title | |
| Warranty Deed | $725,000 | Attorney | |
| Warranty Deed | $625,000 | Title Matters Llc | |
| Special Warranty Deed | $579,900 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,100,000 | New Conventional | |
| Previous Owner | $417,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/09/2023 06/09/23 | Sold | $1,375,000 | -16.7% | $805 / Sq Ft |
| 03/28/2023 03/28/23 | Pending | -- | -- | -- |
| 02/16/2023 02/16/23 | Price Changed | $1,650,000 | -2.7% | $965 / Sq Ft |
| 01/13/2023 01/13/23 | For Sale | $1,695,000 | +133.8% | $992 / Sq Ft |
| 02/24/2017 02/24/17 | Sold | $725,000 | -3.3% | $424 / Sq Ft |
| 02/02/2017 02/02/17 | For Sale | $750,000 | +20.0% | $439 / Sq Ft |
| 11/11/2015 11/11/15 | Sold | $625,000 | -8.0% | $366 / Sq Ft |
| 10/12/2015 10/12/15 | Pending | -- | -- | -- |
| 03/13/2015 03/13/15 | For Sale | $679,000 | 0.0% | $397 / Sq Ft |
| 02/20/2012 02/20/12 | Rented | $3,500 | 0.0% | -- |
| 01/21/2012 01/21/12 | Under Contract | -- | -- | -- |
| 11/01/2011 11/01/11 | For Rent | $3,500 | -- | -- |
Source: BeachesMLS
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 | $19,039 | $963,000 | -- | -- |
| 2023 | $15,314 | $662,904 | $0 | $0 |
| 2022 | $12,903 | $602,640 | $0 | $0 |
| 2021 | $13,244 | $600,000 | $0 | $600,000 |
| 2020 | $13,267 | $595,000 | $0 | $595,000 |
| 2019 | $13,725 | $610,000 | $0 | $610,000 |
| 2018 | $13,130 | $600,000 | $0 | $600,000 |
| 2017 | $11,578 | $570,000 | $0 | $0 |
| 2016 | $10,325 | $455,000 | $0 | $0 |
| 2015 | $9,236 | $381,150 | $0 | $0 |
| 2014 | $8,253 | $346,500 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seth Koretzky
S
Seller's Agent in 2023
Seth Koretzky
Compass Florida LLC
(561) 339-7745
38 in this area
81 Total Sales
-
Karen Donnelly
K
Seller's Agent in 2017
Karen Donnelly
William Raveis Real Estate
(561) 358-9352
29 Total Sales
-
Tierney O'Hara
Buyer's Agent in 2017
Tierney O'Hara
Sotheby's Intl. Realty, Inc.
(561) 449-1212
13 in this area
67 Total Sales
-
Robert Kemp
R
Seller's Agent in 2015
Robert Kemp
Douglas Elliman
(561) 309-6246
6 in this area
43 Total Sales
-
Y
Seller's Agent in 2012
Yianna Kaplanidis
The Corcoran Group
(561) 267-9898
3 in this area
41 Total Sales
-
E
Buyer's Agent in 2012
ELIZABETH BRIDGES
The Corcoran Group
About City Place South Tower
Map
Source: BeachesMLS
MLS Number: R10857976
APN: 74-43-43-28-34-000-1202
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