$690,000
SOLD MAR 2, 2023

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

Downtown West Palm Beach Neighborhood
2 Beds
2 Baths
1,120 Sq Ft
$935/mo HOA Fee

Recently Sold

$616 Per Sq Ft

1% Below List Price

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

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
$778,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,450
Avg. Annual Appreciation
4.68%

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
9.36%
Source: Public Records

Similar Homes in West Palm Beach, FL

  • 5600 N Flagler Dr Unit PH109, West Palm Beach, FL 33407

    $599,000

    • 2 Beds
    • 2 Baths
    • 1,170 Sq Ft
    • 5600 N Flagler Dr
    • Unit PH109
    • West Palm Beach, FL

    Experience Unparalleled Direct Waterfront Living in this Fully Renovated Palm Beach Penthouse!This stunning 2-bedroom, 2-bath residence offers direct and unobstructed views of both the Atlantic Ocean and Intracoastal Waterway from every room. Thoughtfully redesigned with high-end finishes throughout, the home features an oversized quartz island, custom cabinetry, and stainless steel appliances,

    B. DUERR One Sotheby's International Re

    Section Image
  • 550 Okeechobee Blvd Unit 1709, West Palm Beach, FL 33401

    $745,000

    • 2 Beds
    • 2 Baths
    • 1,120 Sq Ft
    • 550 Okeechobee Blvd
    • Unit 1709
    • West Palm Beach, FL

    Spectacular views of the city to the ocean from this 17th floor 2-bedroom, 2-bathroom condo in the heart of downtown! Featuring floor-to-ceiling windows with natural light, polished high-end tile floors, and a spacious balcony. The gourmet kitchen boasts stainless appliances, a wine cooler, and sleek, modern cabinetry. The master suite includes a walk-in closet and a spa-like bathroom. The 2nd

    Julie Olson One Sotheby's International Re

    Section Image
  • 550 Okeechobee Blvd Unit 1417, West Palm Beach, FL 33401

    $825,000

    • 2 Beds
    • 2 Baths
    • 1,120 Sq Ft
    • 550 Okeechobee Blvd
    • Unit 1417
    • West Palm Beach, FL

    This direct east-facing 2-bedroom, 2-bathroom condo is situated in the vibrant heart of downtown West Palm Beach, only a block from the myriad of shops and dining options WPB is known for. It boasts ocean and Intracoastal views from every room. The unit features double walk-in closets for generous storage and a large, open balcony that faces east, offering views of the sunrise over the ocean and

    Jonathan Gardere Interinvestments Realty, Inc.

    Section Image
  • 550 Okeechobee Blvd Unit 114, West Palm Beach, FL 33401

    $550,000

    • 1 Bed
    • 1 Bath
    • 851 Sq Ft
    • 550 Okeechobee Blvd
    • Unit 114
    • West Palm Beach, FL

    Unique first floor unit with additional, private, exterior entrance & soaring 14-foot ceilings that make the already spacious 850 sq ft feel even larger. Unit 114 lives more like a townhome, with downtown WPB and CityPlace dining and shopping just out your back door & full access to the building and amenities right out your interior, front door. Added perks include a first floor parking space,

    Tim Frater Frater Realty LLC

    Section Image
  • 550 Okeechobee Blvd Unit 1609, West Palm Beach, FL 33401

    $685,000

    • 2 Beds
    • 2 Baths
    • 1,120 Sq Ft
    • 550 Okeechobee Blvd
    • Unit 1609
    • West Palm Beach, FL

    Beautiful 2 bdrm 2 bath condo on 16th floor at CityPlace South Tower with striking view.Newer HVAC, new dishwasher, California Closets, brand new motorized shades and newly tiled terrace. One garage parking space and one storage unit is included. CityPlace is a highly sought after building and excellent amenities including resort style pool and spa, gym, fitness classes, club room, valet

    Edward Lepselter RE/MAX Select Group

    Section Image
  • 550 Okeechobee Blvd Unit 1008, West Palm Beach, FL 33401

    $799,000

    • 2 Beds
    • 2 Baths
    • 1,120 Sq Ft
    • 550 Okeechobee Blvd
    • Unit 1008
    • West Palm Beach, FL

    Experience urban living in your renovated condo in paradise! Renovated Perfect 2/2 with style already done!. New A/C, kitchen and baths remodeled, all hurricane windows and sliders, fantastic amenities, doorman building, valet parking in prime location. Walkable to all the action of downtown West Palm Beach, and an easy ride to the beach and delights of Palm Beach. Come to the new center of

    Barry Gutknecht Compass Florida LLC (PB)

    Section Image
  • 550 Okeechobee Blvd Unit 1608, West Palm Beach, FL 33401

    $765,000

    • 2 Beds
    • 2 Baths
    • 1,120 Sq Ft
    • 550 Okeechobee Blvd
    • Unit 1608
    • West Palm Beach, FL

    Experience elegance in this 2BD/2BA condo with city and partial Intracoastal views. Featuring a pet-friendly split floor plan, white porcelain floors, and balcony access from every room, this home exudes sophistication. Highlights include chandeliers in the living and primary bedrooms, a spa-like bath with soaking tub and separate shower, and a kitchen with stainless steel appliances and a wine

    Christopher Scott Compass Florida LLC (PB)

    Section Image
  • 651 Okeechobee Blvd Unit 901, West Palm Beach, FL 33401

    $699,900

    • 2 Beds
    • 2 Baths
    • 1,155 Sq Ft
    • 651 Okeechobee Blvd
    • Unit 901
    • West Palm Beach, FL

    Welcome to this stunning 2-bed 2-bath condo at the gorgeous Tower Condominium in the heart of downtown West Palm Beach. This unit has been renovated top to bottom with the utmost care and attention to detail and not lived in or used for a single minute since the renovations were finished. The gorgeous kitchen with waterfall countertops is complemented by tasteful tile flooring throughout.

    Ryan Apple Ryan Apple Realty Group LLC

    Section Image
  • 720 S Sapodilla Ave Unit 3105, West Palm Beach, FL 33401

    $595,000

    • 2 Beds
    • 2 Baths
    • 1,120 Sq Ft
    • 720 S Sapodilla Ave
    • Unit 3105
    • West Palm Beach, FL

    Chic, Fully Renovated Condo in heart of CityPlace - Ideal Urban Living! This thoughtfully done gorgeous 2-bedroom, 2-bathroom ground-floor condo in The Courtyards City Place offers a rare combination of quality, functionality, and location. Recently completed, the renovation was professionally designed with a focus on quality materials and timeless finishes. Wide plank luxury vinyl flooring runs

    Lilia Banach The Corcoran Group

    Section Image
See All Homes in West Palm Beach

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $690,000 New Path Title
Warranty Deed -- Attorney
Special Warranty Deed $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

    23 in this area

    44 Total Sales

    Section Image

  • M

    Seller Co-Listing Agent in 2023

    Martin Schaefer

    Compass Florida LLC

    (561) 252-6004

    4 in this area

    6 Total Sales

    Section Image

  • E

    Buyer's Agent in 2023

    Erica Shepherd

    KW Innovations

    (561) 756-1107

    1 in this area

    68 Total Sales

    Section Image

  • R

    Seller's Agent in 2015

    Robert Kemp

    Douglas Elliman

    (561) 309-6246

    6 in this area

    44 Total Sales

    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 and is currently priced at $690,000, approximately $616 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.

Nearby Homes