NOT LISTED FOR SALE

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

Downtown West Palm Beach Neighborhood

Estimated Value: $1,170,000 - $1,434,000

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. 6% decrease in value since last sale

Current estimated payment $9,887 / mo

42 Days on Market

Highlights

  • Ocean View
  • Fitness Center
  • Clubhouse
  • Palm Beach Public School Rated A-
  • Colonial Architecture
  • Marble Flooring

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 Agent to Sell the Property

Jean Cassett

RE/MAX Select Group License #562584 Listed on: 07/31/2024

RE/MAX Select Group

Last Buyer's Agent

Jill Merrell

The Corcoran Group License #340680

The Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,802

Year Built

  • Built in 2008

Lot Details

  • East Facing Home

HOA Fees

  • $1,696 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Deeded Parking
  • Assigned Parking

Property Views

Home Design

  • Colonial Architecture

Interior Spaces

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

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Free-Standing Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed
  • Accessibility Features

Outdoor Features

  • Wrap Around Porch
  • Outdoor Living Area

Schools

  • Palm Beach Public Elementary School
  • Forest Hill High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 74434328340001602

Community Details

Overview

  • Association fees include common areas, cable TV, hot water, insurance, ground maintenance, recreation facilities, sewer, security, trash, water
  • 422 Units
  • Cityplace South Tower Condo Subdivision
  • Community Parking
  • 20-Story Property

Amenities

  • Sauna
  • Billiard Room
  • Business Center
  • Community Library
  • Secure Lobby
  • Community Storage Space

Recreation

  • Community Spa

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Breed Restrictions

Security

  • Resident Manager or Management On Site
  • 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

$1,696 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • 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.
  • MaximumNumberOfPets: 2
  • Year Built: 2008
  • Architectural Style: Colonial
  • New Construction: No
  • Pets No Pets Comments: Total Weight Limit Of Pets:90
  • MaximumPetWeight: 90
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Bar, Built-in Features, Dual Sinks, Entrance Foyer, High Ceilings, Jetted Tub, Kitchen Island, Living/Dining Room, Pantry, Split Bedrooms, Separate Shower, Walk-In Closet(s)
  • Main Level Bedrooms: 3
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Free-Standing Freezer, Disposal, Ice Maker, Microwave, Refrigerator, Water Heater, Washer
  • Accessibility Features: Accessibility Features, Accessible Elevator Installed
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Location: Entry Level Living Area Y
  • Flooring: Marble
  • Living Area: 1709.0
  • Stories: 20
  • Window Features: Sliding

Exterior Features

  • Exterior Features: Balcony, Outdoor Living Area
  • View: City, Intercoastal, Ocean
  • Pool Features: Association
  • Pool Private: No
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: East
  • Patio And Porch Features: Covered, Wrap Around, Balcony
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Assigned, Deeded, Garage

Utilities

  • Laundry Features: Inside
  • Security: Security System, Closed Circuit Camera(s), Fire Sprinkler System, Lobby Secured, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1695.77
  • Phone: 561-623-8100
  • Pets Allowed: Yes
  • Community Features: Property Manager On-Site
  • Senior Community: No
  • Amenities: Billiard Room, Bike Storage, Business Center, Clubhouse, Fitness Center, Library, Pool, Parking, Sauna, Spa/Hot Tub, Storage, Sidewalks, Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Breed Restrictions, Number Limit, Pet Restrictions, Size Limit, Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Hot Water, Insurance, Maintenance Grounds, Recreation Facilities, Sewer, Security, Trash, Water

Schools

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

Lot Info

  • Parcel #: 74434328340001602
  • Mobile Dim Units: Feet
  • Zoning: CPD(ci

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 15802.2

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 31, 2024
Closed on
Sep 23, 2024
Sold by
Bought by
Seller's Agent
Jean Cassett
RE/MAX Select Group
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%
Views
3
Current Estimated Value
$1,275,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$84,903
Avg. Annual Appreciation
-3.50%

Purchase Details

Closed on
Sep 5, 2013
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$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
09/09/2024 09/09/24 Pending -- -- --
07/29/2024 07/29/24 For Sale $1,445,000 -- $846 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $17,087 $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

  • J

    Seller's Agent in 2024

    Jean Cassett

    RE/MAX

    (561) 212-7279

    3 in this area

    17 Total Sales

    Jean Cassett
    Section Image

  • J

    Buyer's Agent in 2024

    Jill Merrell

    The Corcoran Group

    (561) 346-5529

    3 in this area

    8 Total Sales

    Jill Merrell
    Section Image
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About City Place South Tower

Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R11008446

BeachesMLS (Greater Fort Lauderdale)

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.

BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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