$650,000

City Place South Tower 550 Okeechobee Blvd Unit 506 West Palm Beach, FL 33401

Downtown West Palm Beach Neighborhood

Estimated payment $5,186/month

Total Views 2,231
2 Beds
2 Baths
1,120 Sq Ft
$580 Price per Sq Ft

Highlights

  • Community Cabanas
  • Fitness Center
  • Gated with Attendant
  • Palm Beach Public School Rated A-
  • Intracoastal View
  • Clubhouse

About This Home

Enjoy beautiful city views from this residence in a full-service building offering exceptional amenities. Just a short stroll to the CityPlace square, in the heart of WPB, where you'll find top restaurants, movie theaters, and boutique shops. Only minutes from Palm Beach and the sparkling Atlantic Ocean. The apartment includes one parking space conveniently located on the same floor. A second optional parking space can be purchased by the buyer from another owner at an additional cost.

Listing Agent

Roman Fischer

FPB Investment Properties, Inc License #3284948 Listed on: 08/11/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,690

Year Built

  • Built in 2008

HOA Fees

  • $1,265 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Assigned Parking

Home Design

  • Entry on the 5th floor

Interior Spaces

  • 1,120 Sq Ft Home
  • Formal Dining Room
  • Closed Circuit Camera
  • Washer and Dryer

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom

Outdoor Features

  • Heated Pool
  • Open Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 74434328340000506

Community Details

Overview

  • Association fees include management, common areas, hot water, ground maintenance, maintenance structure, parking, pool(s), sewer, security, trash, water
  • 420 Units
  • City Place South Tower Subdivision
  • 1-Story Property

Amenities

  • Billiard Room
  • Business Center
  • Elevator

Recreation

  • Community Spa
  • Park

Pet Policy

  • Pets Allowed

Security

  • Gated with Attendant
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,690

Year Built

Built in 2008

Lot Details

0

HOA Fees

$1,265 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Year Built: 2008
  • Architectural Style: Ranch
  • Entry Level: 5
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Breakfast Area, Dining Area, Separate/Formal Dining Room, Dual Sinks, Jetted Tub, Pantry, Separate Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile, Laminate
  • Living Area: 1120.0
  • Dining Room Type: Storage Room
  • Stories: 18
  • Window Features: Drapes

Exterior Features

  • Exterior Features: Balcony
  • View: Intercoastal, Other, Water
  • Pool Features: Heated, None, Association, Community
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Assigned, Attached, Garage

Utilities

  • Security: Closed Circuit Camera(s), Gated with Guard, Security Guard, Fire Sprinkler System, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 1265.0
  • Community Features: Non-Gated, Park, Pool, Sauna, Street Lights
  • Senior Community: No
  • Amenities: Billiard Room, Bike Storage, Business Center, Cabana, Clubhouse, Fitness Center, Pool, Sauna, Spa/Hot Tub, Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Hot Water, Maintenance Grounds, Maintenance Structure, Parking, Pool(s), Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 74434328340000506
  • Zoning Description: CPD

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5690.0

Multi Family

  • Number Of Units In Community: 420

Map

About City Place South Tower

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $5,690 $310,335 -- --
2023 $5,542 $301,296 $0 $0
2022 $5,475 $292,520 $0 $0
2021 $5,457 $284,000 $0 $284,000
2020 $5,973 $305,000 $0 $305,000
2019 $6,387 $320,000 $0 $320,000
2018 $5,543 $280,000 $0 $280,000
2017 $5,139 $260,000 $0 $0
2016 $4,495 $195,000 $0 $0
2015 $5,308 $225,000 $0 $0
2014 $4,895 $205,000 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2025 08/28/25 For Rent $3,800 0.0% --
08/11/2025 08/11/25 For Sale $650,000 +78.1% $580 / Sq Ft
12/30/2019 12/30/19 Sold $365,000 -3.7% $326 / Sq Ft
11/30/2019 11/30/19 Pending -- -- --
11/05/2019 11/05/19 For Sale $379,000 0.0% $338 / Sq Ft
06/15/2017 06/15/17 Rented $2,150 -10.4% --
05/16/2017 05/16/17 Under Contract -- -- --
04/13/2017 04/13/17 For Rent $2,400 -- --
Source: BeachesMLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Warranty Deed $365,000 Attorney
Special Warranty Deed $26,000 Attorney
Special Warranty Deed $290,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $250,000 New Conventional
Source: Public Records

Source: BeachesMLS

MLS Number: R11114668

BeachesMLS

APN: 74-43-43-28-34-000-0506

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

550 Okeechobee Blvd Unit 506, West Palm Beach, FL

This home is located at 550 Okeechobee Blvd Unit 506, West Palm Beach, FL 33401 and is currently priced at $650,000, approximately $580 per square foot. This property was built in 2008. 550 Okeechobee Blvd Unit 506 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.

Nearby Homes
Roman Fischer
Listing Agent
Roman Fischer
Section Image
FPB Investment Properties, Inc
(561) 960-5473