$420,000
SOLD DEC 22, 2015

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

Downtown West Palm Beach Neighborhood
2 Beds
2 Baths
1,120 Sq Ft
$679/mo HOA Fee

Recently Sold

$375 Per Sq Ft

132 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Property is near a clubhouse
  • Palm Beach Public School Rated A-
  • Clubhouse
  • Marble Flooring

About This Home

As of December 2015

Gorgeous fully-furnished MODEL UNIT with designer artwork, finishes, Two(2) Parking Places & Storage Unit. Get all the extras in a high-floor unit in a top building! Fully-renovated kitchen and baths, beautiful backsplash, never-used oven, wine cooler, granite & stainless, marble floor, 9' ceilings, coordinated furniture, window treatments, artwork included. Fabulous amenities such as valet, 9th floor pool, gym, clubhouse, much more. Views of ocean, intracoastal, & city lights from your patio. Never will you get so much for such a price. Extra parking ($25k) and storage units ($5k) are vanishing quickly, but are included in the best unit for sale! Investors get a prime unit ready for top rents! Don't settle for less!

Last Agent to Sell the Property

BARRY GUTKNECHT

MIRSKY REALTY GROUP LLC Listed on: 07/08/2015

Last Buyer's Agent

CHRISTOPHER SCOTT

Douglas Elliman License #SL-3328085

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $7,222

Year Built

  • Built in 2008

Lot Details

  • North Facing Home
  • Sprinkler System

HOA Fees

  • $679 Monthly HOA Fees

Parking

  • 2 Car Garage

Interior Spaces

  • 1,120 Sq Ft Home
  • Window Treatments
  • Dining Area
  • Home Gym
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wall to Wall Carpet
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Non-Toxic Pest Control
  • Property is near a clubhouse

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 74434328340001608

Community Details

Overview

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

Amenities

  • Doorman
  • Common Area
  • Elevator

Recreation

Pet Policy

  • Pet Restriction

Security

  • Security Guard
  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$7,222

Year Built

Built in 2008

Lot Details

0

HOA Fees

$679 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: I-95 to Okeechobee Blvd E building on Right past PB Convention Center
  • Building Name: Cityplace South Tower
  • Year Built: 2008
  • Location Tax Legal:Name of Building: Cityplace South Tower
  • Location Tax Legal:Zoned: RS
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 7222.47
  • Location Tax Legal:Tax Year2: 2014
  • General Property Description:Living Area: 1120.0
  • General Property Description:Pool: No
  • General Property Description:Waterfront: No
  • General Property Description:Maintenance Amount: 679.0
  • General Property Description:Per: Month
  • General Property Description:_pound_ Units in Complex: 421
  • General Property Description:_pound_ Floors: 21.0
  • 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
  • Exposure of Unit:North2: Yes
  • Floors:Marble: Yes
  • Floors:WW Carpeting: Yes
  • Security:Security Guards: Yes
  • Lease Restrictions Pets W Restrictions: Yes
  • Maintenance Includes:Cable TV: Yes
  • Services Included:Club Facilities: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine, Freezer, Ice Maker, Oven-Single, Microwave, Washer, Dryer, Range - Electric
  • Total Bedrooms: 2
  • Flooring: Marble, W/W Carpeting
  • Interior Amenities: Cable, Wndw Trmnts Included, Smoke Alarms
  • Living Area: 1120.0
  • Stories: 21
  • Interior Features:Smoke Alarms: Yes
  • Interior Features:Wndw Trmnts Included: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Oven-Single: Yes

Exterior Features

  • Pool Features: No Pool
  • Pool Private: No
  • Exterior Features: Balcony, Sprinkler System, Clubhouse, Elevator, Exercise Room, Lobby
  • Exterior Features:Balcony: Yes
  • Exterior Features:Sprinkler System: Yes
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Exercise Room2: Yes
  • Exterior Features:Lobby: Yes
  • Exterior Features:Clubhouse: Yes

Garage/Parking

  • Parking:Garage2: Yes
  • Parking:_two_ Car2: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • Security: Security Guards, Door Person
  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Full Time Manager, Club Facilities, 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

  • Development Status: Land Owned
  • Parcel #: 74434328340001608
  • Zoning: RS

Multi Family

  • Number Of Units Total: 421
  • Maintenance Expense: 679.0

Tax Info

  • Tax Annual Amount: 7222.47
  • Tax Year: 2014

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
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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 $420,000 Summit Title Services Corp
Special Warranty Deed $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

    Seller'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: 15-1440

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 and is currently priced at $420,000, approximately $375 per square foot. 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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