$726,000
SOLD FEB 12, 2025

City Place South Tower 550 Okeechobee Blvd Unit 523 West Palm Beach, FL 33401

Downtown West Palm Beach Neighborhood
2 Beds
2.5 Baths
1,613 Sq Ft
$1,821/mo HOA Fee

Recently Sold

$450 Per Sq Ft

Highlights

  • Doorman
  • Fitness Center
  • Community Pool
  • Palm Beach Public School Rated A-
  • Sauna
  • Game Room

About This Home

As of February 2025

Awesome 2 bedroom plus DEN with 2 PARKING SPACES condo in most desirable building in downtown West Palm Beach. Very large living/dining room area, ceramic tile floor throughout, very large terrace great for gardening, entertaining, or just simply relaxing. 24-hr concierge and security, valet parking, state of the art gym, massage room, beautifully landscaped pool on the 9th floor, sauna, steam bath. Wi-fi and cable are included.

Last Agent to Sell the Property

Lilia Caballero

Premier Brokers International License #3207923 Listed on: 02/11/2025

Premier Brokers International

Last Buyer's Agent

Lilia Caballero

Premier Brokers International License #3207923 Listed on: 02/11/2025

Premier Brokers International

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,159

Year Built

  • Built in 2008

HOA Fees

  • $1,821 Monthly HOA Fees

Parking

  • Over 1 Space Per Unit

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,613 Sq Ft Home
  • Ceiling Fan
  • Combination Dining and Living Room
  • Den
  • Ceramic Tile Flooring
  • Closed Circuit Camera

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Dual Sinks

Laundry

  • Laundry Room
  • Washer and Dryer

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 74434328340000523

Community Details

Overview

  • Association fees include common areas, cable TV, insurance, pest control, sewer, trash, water
  • Cityplace South Tower Con Subdivision
  • 20-Story Property

Amenities

  • Doorman
  • Game Room
  • Billiard Room
  • Business Center
  • Community Library
  • Elevator

Recreation

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,159

Year Built

Built in 2008

Lot Details

0

HOA Fees

$1,821 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: East on Okeechobee Boulevard the building is across the street from the New Hilton Hotel
  • Year Built: 2008
  • Entry Level: 5
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Dual Sinks, Elevator, Living/Dining Room, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Cooktop, Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile
  • Dining Room Type: Den, Laundry
  • Stories: 20

Exterior Features

  • Pool Features: None, Association, Community
  • Waterfront: No
  • Construction Type: Brick Veneer, Block
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Two or More Spaces

Utilities

  • Security: Closed Circuit Camera(s), Door Man
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available, Water Available

Condo/Co-op/Association

  • Association Fee: 1821.0
  • Community Features: Game Room, Non-Gated, Property Manager On-Site, Pool, Sauna
  • Senior Community: No
  • Amenities: Billiard Room, Business Center, Fitness Center, Library, Management, Pool, Sauna, Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Pest Control, Sewer, Trash, Water

Lot Info

  • Parcel #: 74434328340000523
  • Zoning Description: cid

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 12159.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2025
Closed on
Feb 12, 2025
Sold by
Xco Ii Llc
Bought by
Hughes Steven
Seller's Agent
Lilia Caballero
Premier Brokers International
Buyer's Agent
Lilia Caballero
Premier Brokers International
List Price
$726,000
Sold Price
$726,000
Views
1
Current Estimated Value
$728,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,795
Avg. Annual Appreciation
4.06%

Purchase Details

Closed on
Sep 12, 2013
Sold by
Gb West Palm 1 Llc
Bought by
Xco Ii Llc

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 $726,000 Independence Title
Special Warranty Deed $345,000 Title Matters Llc
Special Warranty Deed $63,964,880 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2025 02/12/25 Sold $726,000 0.0% $450 / Sq Ft
02/11/2025 02/11/25 Pending -- -- --
02/11/2025 02/11/25 For Sale $726,000 0.0% $450 / Sq Ft
08/17/2022 08/17/22 Rented $3,500 -38.6% --
07/18/2022 07/18/22 Under Contract -- -- --
05/24/2022 05/24/22 For Rent $5,700 +103.6% --
07/01/2018 07/01/18 Rented $2,800 -6.7% --
06/01/2018 06/01/18 Under Contract -- -- --
04/04/2018 04/04/18 For Rent $3,000 0.0% --
08/15/2016 08/15/16 Rented $3,000 -7.7% --
07/16/2016 07/16/16 Under Contract -- -- --
07/12/2016 07/12/16 For Rent $3,250 -- --
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 $12,159 $487,146 -- --
2023 $11,581 $442,860 $0 $0
2022 $9,174 $402,600 $0 $0
2021 $8,155 $366,000 $0 $366,000
2020 $7,994 $355,000 $0 $355,000
2019 $8,403 $370,000 $0 $370,000
2018 $7,891 $360,000 $0 $360,000
2017 $7,282 $330,000 $0 $0
2016 $6,737 $295,000 $0 $0
2015 $6,866 $291,500 $0 $0
2014 $6,292 $265,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2025

    Lilia Caballero

    Premier Brokers International

    (561) 308-6650

    4 in this area

    9 Total Sales

    Lilia Caballero
    Section Image

  • R

    Seller's Agent in 2018

    Rosilis Cuevas

    Premier Brokers International

    (561) 441-4114

    4 in this area

    15 Total Sales

    Rosilis Cuevas
    Section Image

  • K

    Buyer's Agent in 2018

    Katharine Rutland

    Inactive member

  • Eric Sain

    Buyer's Agent in 2016

    Eric Sain

    The Keyes Company (PBG)

    (561) 758-3959

    1 in this area

    21 Total Sales

    Eric Sain
    Section Image
See All Agents

About City Place South Tower

Map

Source: BeachesMLS

MLS Number: R11061250

BeachesMLS

APN: 74-43-43-28-34-000-0523

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

550 Okeechobee Blvd Unit 523, West Palm Beach, FL

This home is located at 550 Okeechobee Blvd Unit 523, West Palm Beach, FL 33401 and is currently priced at $726,000, approximately $450 per square foot. This property was built in 2008. 550 Okeechobee Blvd Unit 523 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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