SOLD APR 26, 2022
RENTED SEP 16, 2024
City Place South Tower 550 Okeechobee Blvd Unit 1401 West Palm Beach, FL 33401
Downtown West Palm Beach Neighborhood
3
Beds
2
Baths
1,709
Sq Ft
$1,230/mo
HOA Fee
Highlights
- Fitness Center
- Clubhouse
- Community Wi-Fi
- Palm Beach Public School Rated A-
- Sauna
- Bike Room
About This Home
As of April 2022Stunning light and bright 3 bedroom corner unit with wide open Southeast exposure at CityPlace South Tower. Featuring a wraparound terrace with Intracoastal and Ocean Views, tile floors throughout, 2 premier lower level parking spaces, and a double wide storage cage. Immaculately kept by the original owners. 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, Brightline Station and Palm Beach Island just over the bridge.
Last Agent to Sell the Property
Compass Florida LLC License #3312479 Listed on: 03/02/2022
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $12,506
Year Built
- Built in 2008
HOA Fees
- $1,230 Monthly HOA Fees
Parking
- 2 Car Garage
Interior Spaces
- 1,709 Sq Ft Home
- Tile Flooring
Kitchen
- Built-In Oven
- Ice Maker
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Washer and Dryer
Utilities
- Central Heating and Cooling System
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 74434328340001401
Community Details
Overview
- Association fees include management, common areas, cable TV, insurance, trash, water, internet
- Cityplace South Tower Con Subdivision
- 21-Story Property
Amenities
- Community Storage Space
- Community Wi-Fi
Recreation
Pet Policy
- Pets Allowed
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 2, 2022
Closed on
Apr 26, 2022
Sold by
Throop and Michael
Bought by
Kolarick Deidre Lynn
Seller's Agent
Seth Koretzky
Compass Florida LLC
Buyer's Agent
Kim Bregman
Optima Properties
List Price
$1,250,000
Sold Price
$1,325,000
Premium/Discount to List
$75,000
6%
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
$120,799
Avg. Annual Appreciation
2.70%
Original Mortgage
$647,200
Outstanding Balance
$618,507
Interest Rate
5.11%
Mortgage Type
New Conventional
Estimated Equity
$827,292
Purchase Details
Closed on
Apr 4, 2014
Sold by
Gb West Palm 1 Llc
Bought by
Throop Mary
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 | $1,325,000 | New Title Company Name | |
| Special Warranty Deed | $590,000 | Title Matters Llc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $647,200 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/16/2024 09/16/24 | Rented | $9,000 | +12.5% | -- |
| 07/29/2024 07/29/24 | Price Changed | $8,000 | -11.1% | $5 / Sq Ft |
| 07/13/2024 07/13/24 | For Rent | $9,000 | 0.0% | -- |
| 04/26/2022 04/26/22 | Sold | $1,325,000 | +6.0% | $775 / Sq Ft |
| 03/27/2022 03/27/22 | Pending | -- | -- | -- |
| 03/02/2022 03/02/22 | For Sale | $1,250,000 | -- | $731 / Sq Ft |
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 | $22,864 | $1,150,000 | -- | -- |
| 2023 | $23,027 | $1,150,000 | $0 | $1,150,000 |
| 2022 | $14,789 | $649,000 | $0 | $0 |
| 2021 | $13,027 | $590,000 | $0 | $590,000 |
| 2020 | $13,048 | $585,000 | $0 | $585,000 |
| 2019 | $13,504 | $600,000 | $0 | $600,000 |
| 2018 | $12,775 | $590,000 | $0 | $590,000 |
| 2017 | $11,928 | $560,000 | $0 | $0 |
| 2016 | $10,886 | $480,000 | $0 | $0 |
| 2015 | $11,069 | $475,000 | $0 | $0 |
| 2014 | $9,322 | $390,500 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
Ryan Jennings
Keller Williams Realty - Welli
(561) 313-2627
1 in this area
265 Total Sales
-
A
Buyer's Agent in 2024
Amanda Vickers
Keller Williams Realty - Welli
(561) 644-8505
80 Total Sales
-
S
Seller's Agent in 2022
Seth Koretzky
Compass Florida LLC
(561) 339-7745
38 in this area
82 Total Sales
-
P
Seller Co-Listing Agent in 2022
Patrick Lafferty
Compass Florida LLC
(561) 603-4329
32 in this area
74 Total Sales
-
Buyer's Agent in 2022
Kim Bregman
Optima Properties
(561) 251-7170
1 in this area
39 Total Sales
About City Place South Tower
Map
Source: BeachesMLS
MLS Number: R10780550
APN: 74-43-43-28-34-000-1401
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.
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
- 550 Okeechobee Blvd Unit UPH23
- 550 Okeechobee Blvd Unit LPH05
- 550 Okeechobee Blvd Unit 1709
- 550 Okeechobee Blvd Unit 622
- 550 Okeechobee Blvd Unit 1417
- 550 Okeechobee Blvd Unit 114
- 550 Okeechobee Blvd Unit UPH15
- 550 Okeechobee Blvd Unit 825
- 550 Okeechobee Blvd Unit 821
- 550 Okeechobee Blvd Unit 521
- 550 Okeechobee Blvd Unit 1514
- 550 Okeechobee Blvd Unit MPH07
- 550 Okeechobee Blvd Unit UPH03
- 550 Okeechobee Blvd Unit 1609
- 550 Okeechobee Blvd Unit LPH12
- 550 Okeechobee Blvd Unit 1008
- 550 Okeechobee Blvd Unit 1608
- 550 Okeechobee Blvd Unit MPH15
- 550 Okeechobee Blvd Unit 516
- 550 Okeechobee Blvd Unit 1112