$230,000
SOLD DEC 25, 2020

City Place South Tower 550 Okeechobee Blvd Unit 1212 West Palm Beach, FL 33401

Downtown West Palm Beach Neighborhood
1 Bed
1 Bath
755 Sq Ft
$525/mo HOA Fee

Recently Sold

$305 Per Sq Ft

11% Below List Price

374 Days on Market

Highlights

  • Doorman
  • Water Views
  • Fitness Center
  • Palm Beach Public School Rated A-
  • Community Cabanas
  • Gated Community

About This Home

As of October 2023

Amazing downtown condo! Right across from the Hilton and CityPlace! State of the art fitness center, infinity edge resort style pool, hot-tub, clubroom with billiards table, his and hers steam room and sauna, Water, cable and high speed internet included in HOA dues.

Last Agent to Sell the Property

IAN LANGSAM

United Realty Group, Inc License #3079849 Listed on: 11/16/2019

Last Buyer's Agent

CHRISTOPHER AUMENTE

Brown Harris Stevens of PB License #490106

Brown Harris Stevens of PB

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,965

Year Built

  • Built in 2008

HOA Fees

  • $525 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Guest Parking
  • Assigned Parking

Interior Spaces

  • 755 Sq Ft Home
  • Carpet

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 74434328340001212

Community Details

Overview

  • Association fees include cable TV
  • Cityplace South Tower Con Subdivision
  • 20-Story Property

Amenities

  • Doorman

Recreation

  • Community Spa

Security

  • Gated Community
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,965

Year Built

Built in 2008

Lot Details

0

HOA Fees

$525 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: East of i95 on Okeechobee. South side of st on right hand side just past Hilton hotel
  • Year Built: 2008
  • Entry Level: 12
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Pantry, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Carpet
  • Living Area: 755.0
  • Stories: 20

Exterior Features

  • Exterior Features: Balcony, None
  • View: Water
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront: No
  • Construction Type: Other
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Security: Door Man, Fire Sprinkler System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 525.0
  • Community Features: Gated, Pool, Sauna
  • Senior Community: No
  • Amenities: Bike Storage, Cabana, Clubhouse, Fitness Center, Pool, Sauna, Spa/Hot Tub, Trash
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Cable TV

Lot Info

  • Parcel #: 74434328340001212
  • Zoning Description: CPD
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 4965.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2023
Closed on
Oct 4, 2023
Sold by
Ruch Fernando
Bought by
Shane Jacob
Seller's Agent
CHRISTOPHER AUMENTE
Brown Harris Stevens of PB
Buyer's Agent
Benjamin Rosenblatt
One Sotheby's International Realty
List Price
$499,000
Sold Price
$470,000
Premium/Discount to List
-$29,000
-5.81%
Views
86
Current Estimated Value
$505,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,024
Avg. Annual Appreciation
2.94%

Purchase Details

Listed on
Nov 16, 2019
Closed on
Dec 24, 2020
Sold by
Moshinsky Leonard and Moshinsky Doris G
Bought by
Ruch Fernando
Seller's Agent
IAN LANGSAM
United Realty Group, Inc
Buyer's Agent
CHRISTOPHER AUMENTE
Brown Harris Stevens of PB
List Price
$258,000
Sold Price
$230,000
Premium/Discount to List
-$28,000
-10.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.19%
Original Mortgage
$170,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 2008
Sold by
Cityplace South Tower Llc
Bought by
Moshinsky Leonard
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 Type Sale Price Title Company
Warranty Deed $470,000 Coastal Title
Warranty Deed $230,000 Attorney
Special Warranty Deed $366,900 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $170,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2023 10/10/23 Sold $470,000 -5.8% $623 / Sq Ft
10/03/2023 10/03/23 Pending -- -- --
08/07/2023 08/07/23 For Sale $499,000 +117.0% $661 / Sq Ft
12/25/2020 12/25/20 Sold $230,000 -10.9% $305 / Sq Ft
11/25/2020 11/25/20 Pending -- -- --
11/16/2019 11/16/19 For Sale $258,000 0.0% $342 / Sq Ft
10/31/2016 10/31/16 For Rent $1,550 +3.3% --
10/31/2016 10/31/16 Rented $1,500 -- --
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 $7,012 $375,000 -- --
2023 $3,378 $196,267 $0 $0
2022 $3,326 $190,550 $0 $0
2021 $3,304 $185,000 $0 $185,000
2020 $4,699 $205,000 $0 $205,000
2019 $4,966 $215,000 $0 $215,000
2018 $5,016 $225,000 $0 $225,000
2017 $4,811 $215,000 $0 $0
2016 $4,579 $193,600 $0 $0
2015 $4,246 $176,000 $0 $0
2014 $3,848 $160,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2023

    CHRISTOPHER AUMENTE

    Brown Harris Stevens of PB

    (561) 385-1359

    2 in this area

    29 Total Sales

    Section Image

  • B

    Buyer's Agent in 2023

    Benjamin Rosenblatt

    One Sotheby's International Realty

    (617) 894-3341

    1 in this area

    7 Total Sales

    Section Image
  • Alain Brodeur

    Buyer Co-Listing Agent in 2023

    Alain Brodeur

    One Sotheby's International Realty

    (954) 937-5692

    3 in this area

    54 Total Sales

    Section Image

  • I

    Seller's Agent in 2020

    IAN LANGSAM

    United Realty Group, Inc

    4 in this area

    9 Total Sales

    Section Image

  • B

    Seller's Agent in 2016

    Beverly Clark

    The Corcoran Group

    (561) 929-6545

    11 Total Sales

    Section Image

  • R

    Seller Co-Listing Agent in 2016

    Robert Kemp

    Douglas Elliman

    (561) 309-6246

    6 in this area

    44 Total Sales

    Section Image
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About City Place South Tower

Map

Source: BeachesMLS

MLS Number: R10578776

BeachesMLS

APN: 74-43-43-28-34-000-1212

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

550 Okeechobee Blvd Unit 1212, West Palm Beach, FL

This home is located at 550 Okeechobee Blvd Unit 1212, West Palm Beach, FL 33401 and is currently priced at $230,000, approximately $304 per square foot. This property was built in 2008. 550 Okeechobee Blvd Unit 1212 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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