$678,000
SOLD JUN 12, 2025

City Place South Tower 550 Okeechobee Blvd Unit 508 West Palm Beach, FL 33401

Downtown West Palm Beach Neighborhood
2 Beds
2 Baths
1,192 Sq Ft
$1,265/mo HOA Fee

Recently Sold

$569 Per Sq Ft

3% Below List Price

94 Days on Market

Highlights

  • Doorman
  • Water Views
  • Gated Community
  • Palm Beach Public School Rated A-
  • Fitness Center
  • Clubhouse

About This Home

As of June 2025

Spectacular Renovation! Discover the ultimate in contemporary elegance with this exquisitely newly renovated sanctuary in the heart of booming and picturesque Downtown West Palm Beach. Step into a light, bright, and airy retreat featuring NEW gorgeous white quartz waterfall countertops, a matching backsplash, and a built-in breakfast bar seating area. The kitchen boasts a brand-new Miele stove top, while the bathroom shines with stunning quartz vanity countertops and sleek, modern faucet hardware. Perfectly situated mere steps away from all the vibrant action! You can also rent immediately, a minimum of 30 days, 12 times a year! Indulge in unparalleled relaxation as you unwind on your private balcony oasis, offering breathtaking sunsets, a serene sea of palm trees and mesmerizing city

Last Agent to Sell the Property

Alyse Keller

Compass Florida LLC License #3433254 Listed on: 02/26/2025

Compass Florida LLC

Co-Listed By

Justin Keller PA

Compass Florida LLC License #3392436

Last Buyer's Agent

Ryan Apple

Ryan Apple Realty Group LLC License #3501651

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,146

Year Built

  • Built in 2008

HOA Fees

  • $1,265 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Guest Parking
  • Assigned Parking

Home Design

  • Entry on the 5th floor
  • Concrete Roof
  • Metal Construction or Metal Frame

Interior Spaces

  • 1,192 Sq Ft Home
  • Built-In Features
  • Ceiling Fan
  • Sliding Windows
  • Family Room
  • Open Floorplan
  • Formal Dining Room
  • Ceramic Tile Flooring

Kitchen

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

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

  • Home Security System
  • Security Gate

Schools

  • Palm Beach Public Elementary School

Utilities

  • Central Heating and Cooling System
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 74434328340000508
  • Seller Considering Concessions

Community Details

Overview

  • Association fees include management, common areas, cable TV, hot water, insurance, maintenance structure, parking, pool(s), reserve fund, sewer, security, trash, water
  • Cityplace South Tower Con Subdivision
  • 20-Story Property

Amenities

  • Doorman
  • Billiard Room
  • Business Center
  • Community Library
  • Elevator
  • Community Storage Space

Recreation

  • Community Spa
  • Park

Pet Policy

  • Pets Allowed

Security

  • Security Guard
  • Resident Manager or Management On Site
  • Card or Code Access
  • Gated Community
  • Impact Glass
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,146

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
  • Entry Level: 5
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Breakfast Area, Dining Area, Separate/Formal Dining Room, Dual Sinks, Family/Dining Room, Garden Tub/Roman Tub, Jetted Tub, Living/Dining Room, Pantry, Split Bedrooms, Separate Shower, Walk-In Closet(s)
  • Private Spa: No
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Ice Maker, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile
  • Living Area: 1192.0
  • Dining Room Type: Family Room, Laundry
  • Stories: 20
  • Window Features: Drapes, Impact Glass, Sliding

Exterior Features

  • View: Water
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront: No
  • Construction Type: Block, Metal Frame
  • Property Condition: Resale
  • Roof: Concrete

Garage/Parking

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

Utilities

  • Security: Security System, Door Man, Security Gate, Key Card Entry, Security Guard, Fire Sprinkler System
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1265.0
  • Community Features: Clubhouse, Gated, Park, Property Manager On-Site, Pool, Sauna
  • Senior Community: No
  • Amenities: Billiard Room, Bike Storage, Business Center, Clubhouse, Fitness Center, Library, Management, Pool, Sauna, Spa/Hot Tub, Storage, Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Hot Water, Insurance, Maintenance Structure, Parking, Pool(s), Reserve Fund, Sewer, Security, Trash, Water

Schools

  • Elementary School: Palm Beach Public

Lot Info

  • Parcel #: 74434328340000508
  • Lot Size: 3 to < 4 Acres,Paved Roa
  • Zoning Description: CPD(ci

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 7146.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2025
Closed on
Jun 12, 2025
Sold by
Porzio Margaret M
Bought by
Knox Ryan Christopher and Ganim Jessica
Seller's Agent
Alyse Keller
Compass Florida LLC
Buyer's Agent
Ryan Apple
Ryan Apple Realty Group LLC
List Price
$699,000
Sold Price
$678,000
Premium/Discount to List
-$21,000
-3%
Views
19
Current Estimated Value
$703,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,862
Avg. Annual Appreciation
14.87%
Original Mortgage
$610,200
Outstanding Balance
$609,681
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$94,181

Purchase Details

Closed on
Mar 10, 2019
Sold by
550 Okeechobee Blvd 508 Llc
Bought by
Soshina Tatyana

Purchase Details

Closed on
Apr 10, 2013
Sold by
Roever Robert
Bought by
550 Okeechobee Blvd #508 Llc

Purchase Details

Closed on
Oct 25, 2012
Sold by
Gbv West Palm 1 Llc
Bought by
Roever Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2010
Sold by
West Palm Condo Llc
Bought by
Gb West Palm 1 Llc
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 Type Sale Price Title Company
Warranty Deed $678,000 Trident Title
Warranty Deed $678,000 Trident Title
Quit Claim Deed -- Attorney
Quit Claim Deed -- None Available
Special Warranty Deed $254,000 Title Matters Llc
Special Warranty Deed $63,964,880 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $610,200 New Conventional
Closed $610,200 New Conventional
Previous Owner $75,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2025 06/12/25 Sold $678,000 -3.0% $569 / Sq Ft
05/31/2025 05/31/25 Pending -- -- --
02/26/2025 02/26/25 For Sale $699,000 +72.6% $586 / Sq Ft
10/15/2021 10/15/21 Sold $405,000 -5.6% $362 / Sq Ft
08/26/2021 08/26/21 Pending -- -- --
06/18/2021 06/18/21 For Sale $429,000 0.0% $383 / Sq Ft
08/29/2013 08/29/13 For Rent $2,000 0.0% --
08/29/2013 08/29/13 Rented $2,000 -- --
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 $7,146 $381,542 -- --
2023 $6,966 $370,429 $0 $0
2022 $6,890 $359,640 $0 $0
2021 $6,372 $284,000 $0 $284,000
2020 $6,896 $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

Agents Affiliated with this Home

  • Alyse Keller

    Seller's Agent in 2025

    Alyse Keller

    Compass Florida LLC

    (561) 998-0100

    37 in this area

    73 Total Sales

    Alyse Keller
    Section Image

  • J

    Seller Co-Listing Agent in 2025

    Justin Keller PA

    Compass Florida LLC

    (561) 296-5326

    35 in this area

    71 Total Sales

    Justin Keller PA
    Section Image

  • R

    Buyer's Agent in 2025

    Ryan Apple

    Ryan Apple Realty Group LLC

    (561) 222-1789

    24 in this area

    47 Total Sales

    Ryan Apple
    Section Image
  • Tim Allen

    Seller's Agent in 2021

    Tim Allen

    Blackstone Intern'l Realty LLC

    (305) 588-2451

    1 in this area

    17 Total Sales

    Tim Allen
    Section Image

  • E

    Seller's Agent in 2013

    ELIZABETH (LISA) SABOL-DONO

    Compass Florida LLC

    (305) 851-2820

    3 in this area

    42 Total Sales

    ELIZABETH (LISA) SABOL-DONO
    Section Image

  • C

    Buyer's Agent in 2013

    Coldwell Banker

See All Agents

About City Place South Tower

Map

Source: BeachesMLS

MLS Number: R11065893

BeachesMLS

APN: 74-43-43-28-34-000-0508

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

550 Okeechobee Blvd Unit 508, West Palm Beach, FL

This home is located at 550 Okeechobee Blvd Unit 508, West Palm Beach, FL 33401 and is currently priced at $678,000, approximately $568 per square foot. This property was built in 2008. 550 Okeechobee Blvd Unit 508 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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