$405,000
SOLD OCT 15, 2021

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

Downtown West Palm Beach Neighborhood
2 Beds
2 Baths
1,120 Sq Ft
$830/mo HOA Fee

Recently Sold

$362 Per Sq Ft

6% Below List Price

69 Days on Market

Highlights

  • Fitness Center
  • Newly Remodeled
  • Community Pool
  • Palm Beach Public School Rated A-
  • Main Floor Bedroom
  • Views

About This Home

As of June 2025

This sparkling clean two bedroom condo in desirable CityPlace South Tower feels brand new! Perfect for investors or owner-users, this condo offers a beautiful city view from from all rooms, state-of-the-art kitchen, walk in closets, expansive master bathroom with dual sinks, tub and walk-in shower, and much more. CityPlace South Tower has a substantially better gym, pool, amenities and security than other buildings in downtown West Palm Beach. Call listing agent for details. This condo won't last!

Last Agent to Sell the Property

Tim Allen

Blackstone Intern'l Realty LLC License #3209745 Listed on: 06/18/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,896

Year Built

  • Built in 2008 | Newly Remodeled

HOA Fees

  • $830 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Secured Garage or Parking

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,120 Sq Ft Home
  • Ceramic Tile Flooring
  • Video Cameras
  • Property Views

Kitchen

  • Built-In Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 74434328340000508

Community Details

Overview

  • 422 Units
  • High-Rise Condominium
  • Cityplace South Tower Condos
  • Cityplace South Tower Con Subdivision
  • 20-Story Property

Amenities

  • Community Library
  • Interior Hall

Recreation

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Security Service
  • Secure Elevator
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,896

Year Built

Built in 2008 | Newly Remodeled

Lot Details

0

HOA Fees

$830 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2008
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 5
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: CITYPLACE SOUTH TOWER CON
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
  • Interior Amenities: Interior Hall, Lobby, First Floor Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 1120
  • Possible Use: Primary
  • Stories: 20
  • Bedroom Features: At Least 1 Bedroom Ground Level

Exterior Features

  • View: Other View
  • Exterior Features: Other
  • Construction Type: CBS Construction
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: Cityplace South Tower
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: Fuse Box
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Fire Alarm, Elevator Secure, Secured Garage/Parking, Other, Security Patrol, TV Camera

Condo/Co-op/Association

  • Association Fee: 830
  • Amenities: Elevator(s), Exercise Room, Library, Other, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 74434328340000508
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 830
  • Number Of Units In Community: 422

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 6896

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 (PB)
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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.80%
Original Mortgage
$610,200
Outstanding Balance
$609,681
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$80,429

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

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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 $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: MIAMI REALTORS® MLS

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 (PB)

    (561) 998-0100

    37 in this area

    73 Total Sales

    Alyse Keller
    Section Image

  • J

    Seller Co-Listing Agent in 2025

    Justin Keller

    Compass Florida LLC (PB)

    (561) 296-5326

    35 in this area

    71 Total Sales

    Justin Keller
    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 (PB)

    (305) 851-2820

    3 in this area

    41 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: MIAMI REALTORS® MLS

MLS Number: A11097999

MIAMI REALTORS® MLS

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 $405,000, approximately $361 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.

MIAMI REALTORS® MLS 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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