City Place South Tower 550 Okeechobee Blvd Unit 509 Floor 5 West Palm Beach, FL 33401
Downtown West Palm Beach NeighborhoodEstimated payment $5,901/month
Highlights
- Doorman
- Fitness Center
- Waterfront
- Palm Beach Public School Rated A-
- Outdoor Pool
- Wine Refrigerator
About This Home
Prime WPB location steps to Cityplace Dining/Shops. Bright and sunny turnkey 2 BD/2BA condo with hurricane impact windows, fully tiled balcony offering palm tree top city views that sparkle at night. One assigned garage parking space on same level as unit . Move in ready for end users or investors. Interior upgrades include
double large walk in California Closets, motorized Shade Store blinds, fresh paint, new Miele dishwasher, new Kohler toilet and more! Granite counters, ample storage space, wine cooler, stainless steel appliances, marble baths, washer/dryer in unit. Buyer can rent immediately 12x a year for a minimum of 30 days. Resort style amenities include 24/7 concierge, valet parking, gym, infinity pool, sauna, steam, club, conference, massage, rooms, library, summer kitchen
Listing Agent
Brown Harris Stevens of Palm Beach 5225 License #3541015 Listed on: 09/10/2025
Property Details
Home Type
- Condo-Op
Est. Annual Taxes
- $11,565
Year Built
- Built in 2008
Lot Details
- Waterfront
- Northeast Facing Home
HOA Fees
- $1,299 Monthly HOA Fees
Parking
- 1 Car Garage
Interior Spaces
- 1,226 Sq Ft Home
- Ceiling Fan
- Dining Area
- Home Gym
- Tile Flooring
Kitchen
- Single Oven
- Electric Range
- Microwave
- Ice Maker
- Dishwasher
- Wine Refrigerator
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Home Security
- Home Security System
- High Impact Windows
- High Impact Door
Outdoor Features
- Outdoor Pool
Utilities
- Central Heating and Cooling System
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 74434328340000509
Community Details
Overview
- Association fees include insurance, cable TV, common area, maintenance exterior, trash, water
- 423 Units
- Cityplace South Tower Community
- On-Site Maintenance
- 20-Story Property
Amenities
- Doorman
- Common Area
- Elevator
Recreation
Security
- Security Guard
- Resident Manager or Management On Site
Map
About City Place South Tower
Home Values in the Area
Average Home Value in this Area
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 | $11,062 | $573,000 | -- | -- |
| 2023 | $10,933 | $563,000 | $0 | $563,000 |
| 2022 | $7,093 | $312,400 | $0 | $0 |
| 2021 | $6,372 | $284,000 | $0 | $284,000 |
| 2020 | $6,604 | $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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/19/2025 11/19/25 | Pending | -- | -- | -- | |
| 11/10/2025 11/10/25 | Price Changed | $689,000 | +0.6% | $562 / Sq Ft | |
| 09/10/2025 09/10/25 | For Sale | $685,000 | 0.0% | $559 / Sq Ft | |
| 07/03/2025 07/03/25 | Rented | $40,000 | +900.0% | -- | |
| 05/07/2025 05/07/25 | Price Changed | $4,000 | -11.1% | $3 / Sq Ft | |
| 02/25/2025 02/25/25 | Price Changed | $4,500 | -35.7% | $4 / Sq Ft | |
| 02/11/2025 02/11/25 | Price Changed | $7,000 | +66.7% | $6 / Sq Ft | |
| 01/27/2025 01/27/25 | For Rent | $4,200 | 0.0% | -- | |
| 12/21/2022 12/21/22 | Sold | $690,000 | -6.6% | $616 / Sq Ft | View Prior Sale |
| 11/12/2022 11/12/22 | Pending | -- | -- | -- | |
| 08/13/2022 08/13/22 | For Sale | $739,000 | -- | $660 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $690,000 | -- | |
| Special Warranty Deed | $243,000 | Title Matters Llc | |
| Special Warranty Deed | $63,964,880 | Attorney |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $621,000 | New Conventional | |
| Previous Owner | $189,600 | New Conventional |
Source: Palm Beach Board of REALTORS®
MLS Number: 25-1282
APN: 74-43-43-28-34-000-0509
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