$925,000
SOLD MAY 16, 2025

City Place South Tower 550 Okeechobee Blvd Unit 1511 West Palm Beach, FL 33401

Downtown West Palm Beach Neighborhood
2 Beds
2 Baths
1,694 Sq Ft
$1,786/mo HOA Fee

Recently Sold

$546 Per Sq Ft

36% Below List Price

48 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Marble Flooring
  • Palm Beach Public School Rated A-
  • Outdoor Pool
  • Wine Refrigerator

About This Home

As of May 2025

Discover the perfect blend of luxury, convenience, and breathtaking views in the stunning 2Bd/2Ba apartment in Cityplace South Tower. Located in the heart of downtown West Palm Beach,, this residence boasts a wrapped balcony offering sweeping city vistas and spectacular sunsets. Inside, you'll find remodeled kitchen and baths with modern finishes, a cozy den ideal for work or relaxation, European hardwood floors, marble tile baths and the ultimate convenience of three garage parking spaces. This full-service building provides unparalleled amenities, including: 24/7 Concierge, on site management ,valet parking, state of the art fitness center, resort style pool, billiards room, sauna and more! Enjoy easy access to Palm Beach and it's beautiful beaches, vibrant city life, major transit options like Tri-Rail and airports all in the hottest, fastest-growing city in Florida.

Last Agent to Sell the Property

POLLY WULSIN

Brown Harris Stevens of Palm Beach 5225 License #3027756 Listed on: 03/12/2025

Brown Harris Stevens of Palm Beach 5225

Co-Listed By

Lucy Bauer

Brown Harris Stevens of Palm Beach 6598 License #SL-632536

Last Buyer's Agent

NON MEMBER

NON MEMBER FIRM

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $8,520

Year Built

  • Built in 2008

HOA Fees

  • $1,786 Monthly HOA Fees

Parking

  • Garage

Interior Spaces

  • 1,694 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Library
  • Storage
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Pool

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Non-Toxic Pest Control
  • West Facing Home

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 74434328340001511

Community Details

Overview

  • Association fees include insurance, cable TV, common area, maintenance exterior, trash, pest control, sewer, water
  • 420 Units
  • Cityplace South Tower Community
  • On-Site Maintenance
  • 20-Story Property

Amenities

  • Doorman
  • Common Area

Recreation

Pet Policy

  • Pet Restriction

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$8,520

Year Built

Built in 2008

Lot Details

0

HOA Fees

$1,786 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: Okeechobee Road between I 95 and Flagler Drive
  • Building Name: Cityplace South Tower
  • Year Built: 2008
  • Location Tax Legal:Name of Building: Cityplace South Tower
  • Location Tax Legal:Zoned: CMUD
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 8520.0
  • Location Tax Legal:Tax Year2: 2024
  • General Property Description:Living Area: 1694.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • General Property Description:Maintenance Amount: 1786.33
  • General Property Description:Per: Month
  • General Property Description:_pound_ Units in Complex: 420
  • General Property Description:_pound_ Floors: 20.0
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Laundry:Laundry in Unit: Yes
  • Security:Door Person: Yes
  • Services Included:Full Time Manager: Yes
  • Services Included:Exercise Facility: Yes
  • Maintenance Includes:Common Area: Yes
  • Maintenance Includes:Exterior Bldg: Yes
  • Maintenance Includes:Garbage Pickup: Yes
  • Maintenance Includes:Pest Control: Yes
  • Maintenance Includes:Sewer2: Yes
  • Maintenance Includes:Water2: Yes
  • Floors:Hardwood: Yes
  • Floors:Marble: Yes
  • Exposure of Unit:West2: Yes
  • Lease Restrictions Pets W Restrictions: Yes
  • Maintenance Includes:Cable TV: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine, Freezer, Ice Maker, Microwave, Washer, Dryer, Range - Electric
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Hardwood, Marble
  • Interior Amenities: Ceiling Fan, Storage, Smoke Alarms
  • Living Area: 1694.0
  • Stories: 20
  • Interior Features:Smoke Alarms: Yes
  • Interior Features:Storage: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Appliances:Range - Electric: Yes
  • Interior Features:Ceiling Fan: Yes

Exterior Features

  • Pool Features: Pool
  • Pool Private: Yes
  • Exterior Features: Balcony
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Parking:Garage2: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • Security: Door Person
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Full Time Manager, Exercise Facility
  • Association: Yes

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Cable TV, Common Area, Maintenance Exterior, Trash, Pest Control, Sewer, Water

Lot Info

  • Parcel #: 74434328340001511
  • Zoning: CMUD

Multi Family

  • Number Of Units Total: 420
  • Maintenance Expense: 1786.33

Tax Info

  • Tax Annual Amount: 8520.0
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2025
Closed on
May 16, 2025
Sold by
Peck Kristey Gunnell
Bought by
Cbear Llc
Seller's Agent
POLLY WULSIN
Brown Harris Stevens of Palm Beach 5225
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$1,450,000
Sold Price
$925,000
Premium/Discount to List
-$525,000
-36.21%
Views
3
Current Estimated Value
$1,005,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,883
Avg. Annual Appreciation
27.06%

Purchase Details

Closed on
Nov 3, 2023
Sold by
Peck Kristey Gunnell
Bought by
Hernandez-Soria Alix Knowlton Pec

Purchase Details

Closed on
Jul 24, 2014
Sold by
Gb West Palm 1 Llc
Bought by
Peck Kristey Gunnell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,500
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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 $925,000 None Listed On Document
Warranty Deed $925,000 None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Special Warranty Deed $450,000 Title Matters Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $282,500 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2025 05/16/25 Sold $925,000 -19.6% $546 / Sq Ft
04/07/2025 04/07/25 Price Changed $1,150,000 -11.5% $679 / Sq Ft
03/27/2025 03/27/25 Price Changed $1,300,000 -10.3% $767 / Sq Ft
03/12/2025 03/12/25 For Sale $1,450,000 -- $856 / Sq Ft
Source: Palm Beach Board of REALTORS®

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 $8,520 $453,714 -- --
2023 $8,307 $440,499 $0 $0
2022 $8,314 $427,669 $0 $0
2021 $8,299 $415,213 $0 $0
2020 $8,257 $409,480 $0 $0
2019 $8,134 $400,274 $0 $0
2018 $7,719 $392,811 $0 $0
2017 $7,628 $384,732 $0 $0
2016 $7,616 $376,819 $0 $0
2015 $7,770 $374,200 $0 $0
2014 $8,502 $360,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2025

    POLLY WULSIN

    Brown Harris Stevens of Palm Beach 5225

    (561) 659-6400

    1 in this area

    5 Total Sales

    POLLY WULSIN
    Section Image

  • L

    Seller Co-Listing Agent in 2025

    Lucy Bauer

    Brown Harris Stevens of Palm Beach 6598

    (561) 282-6886

    1 in this area

    30 Total Sales

    Lucy Bauer
    Section Image

  • N

    Buyer's Agent in 2025

    NON MEMBER

    NON MEMBER FIRM

See All Agents

About City Place South Tower

Map

Source: Palm Beach Board of REALTORS®

MLS Number: 25-457

APN: 74-43-43-28-34-000-1511

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

550 Okeechobee Blvd Unit 1511, West Palm Beach, FL

This home is located at 550 Okeechobee Blvd Unit 1511, West Palm Beach, FL 33401 and is currently priced at $925,000, approximately $546 per square foot. This property was built in 2008. 550 Okeechobee Blvd Unit 1511 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.

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