NOT LISTED FOR SALE

City Place South Tower 550 Okeechobee Blvd Unit 1204 West Palm Beach, FL 33401

Downtown West Palm Beach Neighborhood

Estimated Value: $700,000 - $893,000

2 Beds
2 Baths
1,120 Sq Ft
$935/mo HOA Fee

Last Sold March 02, 2023

Last sale price $690,000 $616 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $6,271/month

16 Days on Market

Highlights

  • Doorman
  • Water Views
  • Community Pool
  • Palm Beach Public School Rated A-
  • Clubhouse
  • Impact Glass

About This Home

As of March 2023

Great opportunity to purchase a 2bed 2 bath in one of the best full service buildings in the downtown area. Floor to ceiling hurricane impact windows all around, which provide an abundance of natural light and noise reduction. One parking space assigned and valet service available as well.

Last Agent to Sell the Property

Jonathan Santiago

Compass Florida LLC License #3401469 Listed on: 02/13/2023

Compass Florida LLC

Co-Listed By

Martin Schaefer

Compass Florida LLC License #3067230

Last Buyer's Agent

Erica Shepherd

KW Innovations License #3466441

KW Innovations

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,075

Year Built

  • Built in 2008

Lot Details

  • 1

HOA Fees

  • $935 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Interior Spaces

  • 1,120 Sq Ft Home

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 74434328340001204

Community Details

Overview

  • Cityplace South Tower Con Subdivision
  • 21-Story Property

Amenities

  • Doorman

Recreation

Pet Policy

  • Pets Allowed

Security

  • Security Guard
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,075

Year Built

Built in 2008

Lot Details

0

HOA Fees

$935 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: From i-95, head east on Okeechobee Blvd, building is on the SouthEast corner of Rosemary Ave & Okeechobee Blvd. Directly next to the Hilton hotel.
  • Year Built: 2008
  • Entry Level: 12
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Split Bedrooms, Tub Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Living Area: 1120.0
  • Dining Room Type: Laundry
  • Stories: 21
  • Window Features: Impact Glass

Exterior Features

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

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Assigned, Covered, Garage

Utilities

  • Security: Door Man, Security Guard
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 935.0
  • Community Features: Clubhouse, Non-Gated, Pool
  • Senior Community: No
  • Amenities: Clubhouse, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 74434328340001204
  • Zoning Description: Condo

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 8075.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2023
Closed on
Mar 2, 2023
Sold by
Theile Investment Group Llc
Bought by
Frank Family Trust
Seller's Agent
Jonathan Santiago
Compass Florida LLC
Buyer's Agent
Erica Shepherd
KW Innovations
List Price
$695,000
Sold Price
$690,000
Premium/Discount to List
-$5,000
-0.72%
Views
55
Current Estimated Value
$770,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,715
Avg. Annual Appreciation
4.94%

Purchase Details

Closed on
Jul 18, 2019
Sold by
Theile Peter G and Theile Christiane A
Bought by
Theile Investment Group Llc

Purchase Details

Listed on
May 30, 2015
Closed on
May 29, 2015
Sold by
Gb West Palm 1 Llc
Bought by
Theile Peter G
Seller's Agent
Martin Schaefer
Compass Florida LLC
Buyer's Agent
Shannon Discount
Inactive member
Sold Price
$2,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.47%
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 Buyer Sale Price Title Company
Frank Family Trust $690,000 New Path Title
Theile Investment Group Llc -- Attorney
Theile Peter G $315,000 Title Matters Llc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2023 03/02/23 Sold $690,000 -0.7% $616 / Sq Ft
02/13/2023 02/13/23 For Sale $695,000 0.0% $621 / Sq Ft
07/15/2015 07/15/15 Rented $2,300 0.0% --
06/15/2015 06/15/15 Under Contract -- -- --
05/30/2015 05/30/15 For Rent $2,300 0.0% --
05/28/2015 05/28/15 Sold $310,000 -23.5% $260 / Sq Ft
04/28/2015 04/28/15 Pending -- -- --
03/14/2015 03/14/15 For Sale $405,000 -- $340 / 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 $12,500 $601,000 -- --
2023 $9,719 $402,930 $0 $0
2022 $8,075 $366,300 $0 $0
2021 $7,438 $333,000 $0 $333,000
2020 $8,434 $375,000 $0 $375,000
2019 $8,287 $390,000 $0 $390,000
2018 $7,279 $350,000 $0 $350,000
2017 $6,781 $330,000 $0 $0
2016 $6,064 $265,000 $0 $0
2015 $6,921 $295,000 $0 $0
2014 $6,524 $275,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Jonathan Santiago

    Compass Florida LLC

    (347) 307-2166

    22 in this area

    43 Total Sales

    Jonathan Santiago
    Section Image

  • M

    Seller Co-Listing Agent in 2023

    Martin Schaefer

    Compass Florida LLC

    (561) 252-6004

    4 in this area

    6 Total Sales

    Martin Schaefer
    Section Image

  • E

    Buyer's Agent in 2023

    Erica Shepherd

    KW Innovations

    (561) 756-1107

    1 in this area

    65 Total Sales

    Erica Shepherd
    Section Image

  • R

    Seller's Agent in 2015

    Robert Kemp

    Douglas Elliman

    (561) 309-6246

    6 in this area

    43 Total Sales

    Robert Kemp
    Section Image

  • S

    Buyer's Agent in 2015

    Shannon Discount

    Inactive member

See All Agents

About City Place South Tower

Map

Source: BeachesMLS

MLS Number: R10865983

BeachesMLS

APN: 74-43-43-28-34-000-1204

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

550 Okeechobee Blvd Unit 1204, West Palm Beach, FL

This home is located at 550 Okeechobee Blvd Unit 1204, West Palm Beach, FL 33401 since 13 February 2023 and is currently estimated at $770,715, approximately $688 per square foot. This property was built in 2008. 550 Okeechobee Blvd Unit 1204 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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