NOT LISTED FOR SALE

City Place South Tower 550 Okeechobee Blvd Unit 1602 Floor 16 West Palm Beach, FL 33401

Downtown West Palm Beach Neighborhood

Estimated Value: $1,317,319

3 Beds
2 Baths
1,709 Sq Ft
2008 Built

Sale Details

Date Sold: September 23, 2024

Last sale price $1,360,000 $796 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $10,284 / mo

26 Days on Market

Highlights

  • Doorman
  • Direct Ocean View
  • Clubhouse
  • Palm Beach Public School Rated A-
  • Fitness Center
  • Vaulted Ceiling

About This Home

As of September 2024

Cityplace South Tower is a luxury building located in the heart of downtown West Palm Beach. The Square, Clematis Street's nightlife and restaurants, The Kravis Center and The Brightline are all within walking distance making this a stellar location. Palm Beach's Worth Avenue and the beach are a short ride away. This 16th floor 3 bedroom unit boasts 402 sq. feet of wrap around patio offering sweeping views of the city and the water! The unit has floor to ceiling impact windows and doors and motorized window treatments. Amenities include 24/7 concierge, state of the art fitness center, resort style pool and spa area and designer club room. 1602 has 2 parking spaces. Valet parking for residents and guests.

Last Buyer's Agent

Jill Merrell

The Corcoran Group License #340680

The Corcoran Group

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,802

Year Built

  • Built in 2008

Lot Details

  • End Unit
  • East Facing Home

HOA Fees

  • $1,695 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Deeded Parking

Property Views

Home Design

  • Entry on the 16th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,709 Sq Ft Home
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Sliding Windows
  • Entrance Foyer
  • Great Room
  • Combination Dining and Living Room
  • Marble Flooring

Kitchen

  • Electric Range
  • Microwave
  • Free-Standing Freezer
  • Ice Maker
  • Dishwasher
  • Cooking Island
  • Snack Bar or Counter
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Jetted Tub and Shower Combination in Primary Bathroom
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Door Monitored By TV

Schools

  • Palm Beach Public Elementary School
  • Forest Hill Community High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed
  • West of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 74434328340001602

Community Details

Overview

  • 422 Units
  • High-Rise Community
  • Cityplace South Tower Cond,Cityplace South Towe Subdivision
  • Mandatory home owners association
  • 20-Story Property

Amenities

  • Doorman
  • Full Time Lobby Attendant
  • Trash Chute
  • Billiard Room
  • Business Center
  • Community Center
  • Party Room
  • Community Library
  • Secure Lobby
  • Bike Room
  • Community Storage Space

Recreation

  • Community Whirlpool Spa

Pet Policy

  • Pets Allowed

Security

  • On-Site Manager or Management
  • Complete Impact Glass
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,802

Year Built

Built in 2008

Lot Details

0 Sq Ft Lot

HOA Fees

$1,695 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2008
  • Property Sub Type: Condominium
  • Architectural Style: High Rise, Corner Unit
  • Directions: Exit I-95 to Okeechobee Blvd, head East. Located on the south side of Okeechobee between S Rosemary Ave. and Alabama Ave. Valet parking.
  • Entry Level: 16
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Road Frontage Type: U.S. Hwy
  • Building Stories: 20
  • Structure Type: Condo
  • Subdivision Name: CITYPLACE SOUTH TOWER COND,CITYPLACE SOUTH TOWE
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • LastStatus: Pending
  • CurrentPrice: 1360000
  • ShowingTimeFlag: No
  • Special Features: VirtualTour
  • Stories: 20

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Disposal, Dryer, Free-Standing Freezer, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Built-in Features, Cooking Island, Fire Sprinklers, Entrance Foyer, Pantry, Split Bedroom, Volume Ceilings, Walk-In Closet(s), Great Room, Utility Room/Laundry
  • Accessibility Features: Accessible Elevator Installed
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Location: Foyer
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 1709
  • Spa Features: Community, Bath
  • Stories: 20
  • Window Features: Complete Impact Glass, Sliding
  • Bedroom Features: Primary Bath Shower
  • Dining Room Features: Dining/Living Room, Snack Bar/Counter
  • Living Room Features: Great Room, Laundry, Pantry, Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks, Shower Only, Whirlpool/Spa

Exterior Features

  • View: Intracoastal View, Ocean, Direct Ocean, Ocean View
  • Exterior Features: West Of Us1, Balcony
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Lot Features: West Of US 1
  • Other Structures: Livable
  • Patio And Porch Features: Wrap Around
  • Pool Features: Community
  • Pool Private: Yes
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Assigned, Deeded, Parking Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: At Site, Public Sewer, Other, Public Sanitation, Sewer
  • Water Source: Public
  • Green Building Features: Club House, Sauna, Trash Chute
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Laundry Room, Utility Room/Laundry
  • Security: Smoke Alarm, Smoke Detector(s), Fire Sprinkler System, Fire Sprinklers, Security System, Smoke Detector, Doorman, Lobby Secured, Lobby Attended, TV Camera, TV Monitor
  • Utilities: Cable Connected, Sewer Connected, Water Connected, Cable Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Association Fee: 1695
  • Amenities: Bike Storage, Billiard Room, Business Center, Clubhouse, Clubhouse-Clubroom, Community Room, Community Pool, Elevator(s), Exercise Room, Storage, Library, Management On Site, Pool, Pool Table, Private Pool, Sauna, Spa/Hot Tub, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Buyer Approval Required, Clubhouse, Exercise Room, Management On Site, Mandatory Hoa, Pool, Sauna, Sidewalks, Spa/Hot Tub, Whirlpool

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Palm Beach Public
  • High School: Forest Hill Community

Lot Info

  • Parcel Number: 74434328340001602
  • Zoning: CPD(ci

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 15802

Multi Family

  • Number Of Units In Community: 422

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2024
Closed on
Sep 23, 2024
Sold by
Nicholson Lara Kristeen and Walter Wulfing Smith Revocable Living Tr
Bought by
Buyer's Agent
Jill Merrell
The Corcoran Group
List Price
$1,445,000
Sold Price
$1,360,000
Premium/Discount to List
-$85,000
-5.88%
Current Estimated Value
$1,317,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$42,681
Avg. Annual Appreciation
-1.60%

Purchase Details

Closed on
Sep 5, 2013
Sold by
Gb West Palm 1 Llc
Bought by
Smith Walter W and Walter Wulfing Smith Revocable Living Tr
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Downtown West Palm Beach, FL

  • Tracey Macleod Real Estate Agent - Illustrated Properties LLC / S

    Tracey Macleod

    Illustrated Properties LLC / S

    (772) 919-9561

    59 Total Sales

    1 in Downtown West Palm Beach

    $690,000 Price

    Tracey Macleod
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  • Ishrat Ahmed Real Estate Agent - KW Reserve

    Ishrat Ahmed

    KW Reserve

    (561) 559-5520

    80 Total Sales

    2 in Downtown West Palm Beach

    $380K - $467K Price Range

    Ishrat Ahmed
     Section Image
  • Tyler Standish Real Estate Agent - KW Innovations

    Tyler Standish

    KW Innovations

    (561) 821-2813

    51 Total Sales

    1 in Downtown West Palm Beach

    $350,000 Price

    Tyler Standish
     Section Image
  • Lee Ortega Real Estate Agent - Coldwell Banker/ WPB

    Lee Ortega

    Coldwell Banker/ WPB

    (561) 349-4911

    23 Total Sales

    3 in Downtown West Palm Beach

    $350K - $445K Price Range

    Lee Ortega
     Section Image
  • Cynthia Nalley Real Estate Agent - Acquire Palm Beach LLC

    Cynthia Nalley

    Acquire Palm Beach LLC

    (561) 621-3262

    30 Total Sales

    10 in Downtown West Palm Beach

    $322K - $925K Price Range

    Cynthia Nalley
     Section Image
  • Sandro Herrera Real Estate Agent - Three Palms Realty

    Sandro Herrera

    Responds Quickly

    Three Palms Realty

    (561) 529-9693

    16 Total Sales

    1 in Downtown West Palm Beach

    $725,000 Price

    Sandro Herrera
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,360,000 Independence Title
Smith Walter W $570,000 Title Matters Llc
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/23/2024 09/23/24 Sold $1,360,000 -5.9% $796 / Sq Ft
08/24/2024 08/24/24 Pending -- -- --
07/29/2024 07/29/24 For Sale $1,445,000 -- $846 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $19,173 $970,000
2024 $17,087 $756,637
2023 $15,802 $687,852 $0 $0
2022 $13,382 $625,320 $0 $0
2021 $13,896 $630,000 $0 $630,000
2020 $13,926 $625,000 $0 $625,000
2019 $14,091 $640,000 $0 $640,000
2018 $12,780 $630,000 $0 $630,000
2017 $11,963 $600,000 $0 $0
2016 $10,704 $465,850 $0 $0
2015 $10,119 $423,500 $0 $0
2014 $9,084 $385,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • JM

    Buyer's Agent in 2024

    Jill Merrell

    The Corcoran Group

    (561) 346-5529

    3 in this area

    7 Total Sales

    Jill Merrell
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About City Place South Tower

Map

Source: MIAMI REALTORS® MLS

MLS Number: R11008446

MIAMI REALTORS® MLS

APN: 74-43-43-28-34-000-1602

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

550 Okeechobee Blvd Unit 1602, West Palm Beach, FL

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.

MIAMI REALTORS® MLS 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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