NOT LISTED FOR SALE

City Place South Tower 550 Okeechobee Blvd Unit 1608 West Palm Beach, FL 33401

Downtown West Palm Beach Neighborhood

Estimated Value: $661,342 - $907,000

2 Beds
2 Baths
1,120 Sq Ft
$682/Sq Ft Est. Value

Last Sold December 22, 2015

Last sale price $420,000 $375 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $5,148/month

Highlights

  • Doorman
  • Outdoor Pool
  • Clubhouse
  • Palm Beach Public School Rated A-
  • Waterfront
  • Property is near a clubhouse

About This Home

As of July 2024

2BD/2BA North facing condo with city and slight Intracoastal views. Pet friendly building. Split floor plan with white porcelain floors through out living area. Beautiful chandeliers adorn living room and master bedroom. Spa tub and separate shower with double sinks in master. Balcony access from every room. Very light and bright. Kitchen has been maintained. Includes all stainless steel appliances, and wine cooler. Freshly painted neutral throughout. 24 hour valet, concierge, on site management, fully equipped gym and studio, steam, sauna, billiards, library, bbq, cabanas, and massage room. Conveniently located across from the reimagined Rosemary Square and Flagship Restoration Hardware, Antique Row, Downtown, Palm Beach, and 95.

Last Agent to Rent the Property

FARRAH SCOTT

Douglas Elliman License #SL-3303556 Listed on: 04/25/2024

Douglas Elliman

Last Renter's Agent

FARRAH SCOTT

Douglas Elliman License #SL-3303556 Listed on: 04/25/2024

Douglas Elliman

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $10,740

Year Built

  • Built in 2008

Lot Details

  • Waterfront
  • North Facing Home

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,120 Sq Ft Home
  • Living Room
  • Dining Room
  • Home Gym
  • Marble Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • High Impact Door

Parking

  • Garage
  • Parking Available

Outdoor Features

  • Outdoor Pool

Location

  • Property is near a clubhouse

Utilities

  • Central Air
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $3,700
  • Rent includes cable TV, water, sewer
  • 12 Month Lease Term
  • Assessor Parcel Number 74434328340001608

Community Details

Overview

  • 420 Units
  • Cityplace South Tower Community
  • 21-Story Property

Amenities

  • Doorman
  • Elevator

Pet Policy

  • Pet Restriction
  • Small pets allowed

Security

  • Security Guard

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$10,740

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Sub Type: Condo/Coop
  • Prop. Type: Residential Lease
  • Subdivision Name: N/A
  • Directions: Take Okeechobee east to building on the south side across from Rosemary Square and next to The Convention Center. Valet Parking available.
  • Architectural Style: Contemporary
  • Building Name: Cityplace South Tower
  • Year Built: 2008
  • Location Tax Legal:Name of Building: Cityplace South Tower
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • General Property Description:_pound_ Units in Complex: 420
  • General Property Description:_pound_ Floors: 21.0
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Security:Door Person: Yes
  • Exposure of Unit:North2: Yes
  • Floors:Marble: Yes
  • Contract Information:Deposit Amount: 3700.0
  • Laundry:Laundry in Unit2: Yes
  • Pets:Pets Allowed: Pets w/Restrictions
  • Lease Type:Annual: Yes
  • Security:Security Guards: Yes
  • Utilities Included:Basic Cable TV: Yes
  • Utilities Included:Water: Yes
  • Utilities Included:Sewer3: Yes
  • Pets:Weight Restrictions: 25 lbs or Under
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine, Freezer, Ice Maker, Range-Electric, Oven-Single, Microwave, Washer, Dryer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Marble
  • Interior Amenities: Cable, Pantry
  • Stories: 21
  • Other Rooms:Pantry: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Appliances:Oven-Single: Yes

Exterior Features

  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Exterior Features: Balcony, Impact Doors, Impact Windows, Clubhouse, Elevator, Exercise Room, Lobby
  • Exterior Features:Balcony: Yes
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Exercise Room2: Yes
  • Exterior Features:Lobby: Yes
  • Exterior Features:Impact Doors: Yes
  • Exterior Features:Impact Windows: Yes
  • Exterior Features:Clubhouse: Yes

Garage/Parking

  • Parking:Garage2: Yes
  • Parking:Covered Parking2: Yes
  • Parking 1 Car2: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • Security: Security Guards, Doorperson
  • Cooling: Central Air
  • Cooling Y N: Yes

Condo/Co-op/Association

  • HOA Rent Includes: Cable TV, Water, Sewer

Lot Info

  • Parcel #: 74434328340001608

Multi Family

  • Number Of Units Total: 420

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2015
Closed on
Dec 16, 2015
Sold by
Holden Willain and Williain Holden Trust
Bought by
Zica Roizin Carmen
Seller's Agent
BARRY GUTKNECHT
MIRSKY REALTY GROUP LLC
Buyer's Agent
CHRISTOPHER SCOTT
Douglas Elliman
List Price
$420,000
Sold Price
$420,000
Current Estimated Value
$805,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$385,371
Avg. Annual Appreciation
6.33%

Purchase Details

Closed on
Mar 15, 2013
Sold by
Gb West Palm 1 Llc
Bought by
Holden William and The William Holden Revocable Living Trus
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Buyer Sale Price Title Company
Zica Roizin Carmen $420,000 Summit Title Services Corp
Holden William $360,000 Title Matters Llc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2024 07/09/24 Rented $3,095 0.0% --
07/09/2024 07/09/24 Under Contract -- -- --
05/30/2024 05/30/24 Price Changed $3,095 -11.6% $3 / Sq Ft
05/01/2024 05/01/24 Price Changed $3,500 -5.4% $3 / Sq Ft
04/25/2024 04/25/24 For Rent $3,700 +12.3% --
12/23/2022 12/23/22 Rented $3,295 0.0% --
12/16/2022 12/16/22 Price Changed $3,295 -5.7% $3 / Sq Ft
11/17/2022 11/17/22 For Rent $3,495 0.0% --
11/14/2022 11/14/22 Under Contract -- -- --
11/08/2022 11/08/22 Price Changed $3,495 -9.2% $3 / Sq Ft
10/26/2022 10/26/22 For Rent $3,850 +30.5% --
09/07/2021 09/07/21 For Rent $2,950 0.0% --
09/07/2021 09/07/21 Rented $2,950 +3.5% --
04/20/2021 04/20/21 Rented $2,850 0.0% --
03/21/2021 03/21/21 Under Contract -- -- --
03/12/2021 03/12/21 For Rent $2,850 +14.0% --
05/21/2020 05/21/20 Rented $2,500 0.0% --
04/21/2020 04/21/20 Under Contract -- -- --
03/17/2020 03/17/20 For Rent $2,500 0.0% --
12/13/2017 12/13/17 Rented $2,500 -19.4% --
11/13/2017 11/13/17 Under Contract -- -- --
07/19/2017 07/19/17 For Rent $3,100 -3.1% --
03/01/2016 03/01/16 Rented $3,200 -1.5% --
01/31/2016 01/31/16 Under Contract -- -- --
12/28/2015 12/28/15 For Rent $3,250 0.0% --
12/22/2015 12/22/15 Sold $420,000 0.0% $375 / Sq Ft
12/22/2015 12/22/15 Sold $420,000 0.0% $375 / Sq Ft
11/22/2015 11/22/15 Pending -- -- --
11/17/2015 11/17/15 Pending -- -- --
07/08/2015 07/08/15 For Sale $420,000 -15.8% $375 / Sq Ft
03/13/2015 03/13/15 For Sale $499,000 -- $446 / 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 $10,740 $471,174 -- --
2023 $10,156 $428,340 $0 $0
2022 $8,496 $389,400 $0 $0
2021 $7,894 $354,000 $0 $354,000
2020 $9,093 $405,000 $0 $405,000
2019 $9,101 $420,000 $0 $420,000
2018 $8,023 $380,000 $0 $380,000
2017 $7,485 $360,000 $0 $0
2016 $6,737 $295,000 $0 $0
2015 $7,612 $325,000 $0 $0
2014 $7,222 $305,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • F

    Landlord's Agent in 2024

    FARRAH SCOTT

    Douglas Elliman

    (310) 600-3093

    4 Total Sales

    FARRAH SCOTT
    Section Image

  • N

    Buyer's Agent in 2022

    NON MEMBER

    NON MEMBER FIRM

  • N

    Buyer's Agent in 2021

    Nathaniel Crosby Jr

    One Sotheby's International Re

    (561) 744-8800

    3 Total Sales

    Nathaniel Crosby Jr
    Section Image

  • K

    Buyer's Agent in 2021

    Kimberly Graham

    Compass Florida, LLC (PB)

  • N

    Buyer's Agent in 2020

    Nancy Stamatakis

    Chubbs Realty Group, LLC

    (602) 741-0599

    36 in this area

    72 Total Sales

    Nancy Stamatakis
    Section Image

  • D

    Buyer's Agent in 2017

    Dwight Holimon

    Inactive Member

See All Agents

About City Place South Tower

Map

Source: Palm Beach Board of REALTORS®

MLS Number: 24-725

APN: 74-43-43-28-34-000-1608

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

550 Okeechobee Blvd Unit 1608, West Palm Beach, FL

This home is located at 550 Okeechobee Blvd Unit 1608, West Palm Beach, FL 33401 since 25 April 2024 and is currently priced at $764,086. This property was built in 2008. 550 Okeechobee Blvd Unit 1608 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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