$485,000
SOLD JUL 26, 2022

City Place South Tower 550 Okeechobee Blvd Unit 1821 West Palm Beach, FL 33401

Downtown West Palm Beach Neighborhood
1 Bed
1 Bath
755 Sq Ft
$572/mo HOA Fee

Recently Sold

$642 Per Sq Ft

8% Below List Price

114 Days on Market

Highlights

  • Fitness Center
  • Bike Room
  • Laundry Room
  • Palm Beach Public School Rated A-
  • Walk-In Closet
  • Tile Flooring

About This Home

As of July 2022

Located on the 18th floor in Cityplace South Tower in West Palm Beach, this west-facing 1 bedroom, 1 bathroom condo offers breathtaking sunset views with a rare oversized terrace perfect for working out, entertaining guest, or taking time to relax. With granite countertops, stainless steel appliances, an in-unit washer and dryer, and a prime reserved parking spot, this condo is matched with a plethora of building amenities: a large gathering room communal kitchen, billiards room, full-service gym, pool, and hot tub. The unit faces away from Okeechobee Blvd, protecting tenants from highway traffic or train noise. City Place South Tower is located near Rosemary Square which has retail stores, restaurtants, a Publix, and the Brightline train for quick access to Ft. Lauderdale or Miami.

Last Agent to Sell the Property

Stephen Hall

Compass Florida LLC (PB) License #3094127 Listed on: 03/03/2022

Compass Florida LLC (PB)

Last Buyer's Agent

Lauren Barrocas

Compass Florida LLC (PB) License #3275854

Compass Florida LLC (PB)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,652

Year Built

  • Built in 2008

HOA Fees

  • $572 Monthly HOA Fees

Parking

  • 1 Car Garage

Interior Spaces

  • 755 Sq Ft Home
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 74434328340001821

Community Details

Overview

  • Cityplace South Tower Con Subdivision
  • 21-Story Property

Amenities

Recreation

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,652

Year Built

Built in 2008

Lot Details

0

HOA Fees

$572 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: I95 to Okeechobee Blvd EAST, Building on the right / south side, immediately after Hilton Hotel, Go to Valet.
  • Year Built: 2008
  • Entry Level: 18
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Washer/Dryer
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile
  • Living Area: 755.0
  • Dining Room Type: Laundry
  • Stories: 21

Exterior Features

  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 572.0
  • Community Features: Non-Gated, Sidewalks
  • Senior Community: No
  • Amenities: Bike Storage, Fitness Center
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 74434328340001821
  • Zoning Description: CPD(ci

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3652.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2022
Closed on
Jul 15, 2022
Sold by
Crossen Kimberly A
Bought by
Kachgal Suraj
Seller's Agent
Stephen Hall
Compass Florida, LLC
Buyer's Agent
VICTORIA COYNE
KELLER WILLIAMS PALM BEACH ISLAND
List Price
$485,000
Sold Price
$485,000
Current Estimated Value
$513,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,758
Avg. Annual Appreciation
3.03%
Original Mortgage
$388,000
Outstanding Balance
$370,087
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$158,816

Purchase Details

Listed on
Jun 6, 2017
Closed on
Feb 16, 2018
Sold by
Del Istmo Corp
Bought by
Crossen Kimberly Anne
Seller's Agent
Emilio Cardenal
Interinvestments Realty, Inc.
Buyer's Agent
Emilio Cardenal
Interinvestments Realty, Inc.
List Price
$270,000
Sold Price
$247,000
Premium/Discount to List
-$23,000
-8.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.49%

Purchase Details

Closed on
Dec 12, 2013
Sold by
Viento Unio Inc
Bought by
Del Istmo Corp

Purchase Details

Closed on
Feb 15, 2013
Sold by
Gb West Palm 1 Llc
Bought by
Viento Uno Inc
Source: Public Records

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Range of Values:

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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 $485,000 Sorgini & Sorgini Pa
Warranty Deed $247,000 Attorney
Warranty Deed $205,000 Attorney
Special Warranty Deed $205,000 Title Matters Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $388,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2022 07/26/22 Sold $485,000 0.0% $642 / Sq Ft
07/26/2022 07/26/22 Sold $485,000 0.0% $642 / Sq Ft
06/28/2022 06/28/22 Pending -- -- --
06/26/2022 06/26/22 Pending -- -- --
04/05/2022 04/05/22 For Sale $485,000 -7.6% $642 / Sq Ft
03/03/2022 03/03/22 For Sale $525,000 +112.6% $695 / Sq Ft
02/23/2018 02/23/18 Sold $247,000 -8.5% $327 / Sq Ft
02/20/2018 02/20/18 Pending -- -- --
06/06/2017 06/06/17 For Sale $270,000 -- $358 / Sq Ft
Source: BeachesMLS

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 $7,263 $387,280 -- --
2023 $7,081 $376,000 $0 $376,000
2022 $6,028 $276,480 $0 $0
2021 $3,652 $201,000 $0 $201,000
2020 $4,105 $220,000 $0 $220,000
2019 $4,369 $230,000 $0 $230,000
2018 $5,557 $250,000 $0 $250,000
2017 $5,390 $240,000 $0 $0
2016 $5,220 $223,850 $0 $0
2015 $4,861 $203,500 $0 $0
2014 $4,430 $185,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Stephen Hall

    Seller's Agent in 2022

    Stephen Hall

    Compass Florida, LLC

    (561) 346-6068

    13 in this area

    68 Total Sales

    Stephen Hall
    Section Image

  • V

    Buyer's Agent in 2022

    VICTORIA COYNE

    KELLER WILLIAMS PALM BEACH ISLAND

  • L

    Buyer's Agent in 2022

    LAUREN BARROCAS

    LANG REALTY

  • Emilio Cardenal

    Seller's Agent in 2018

    Emilio Cardenal

    Interinvestments Realty, Inc.

    (305) 220-1101

    29 Total Sales

    Emilio Cardenal
    Section Image
See All Agents

About City Place South Tower

Map

Source: BeachesMLS

MLS Number: R10780958

BeachesMLS

APN: 74-43-43-28-34-000-1821

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

550 Okeechobee Blvd Unit 1821, West Palm Beach, FL

This home is located at 550 Okeechobee Blvd Unit 1821, West Palm Beach, FL 33401 and is currently priced at $485,000, approximately $642 per square foot. This property was built in 2008. 550 Okeechobee Blvd Unit 1821 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.

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 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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