NOT LISTED FOR SALE

City Place South Tower 550 Okeechobee Blvd Unit Lph-06 West Palm Beach, FL 33401

Downtown West Palm Beach Neighborhood

Estimated Value: $676,813 - $922,000

2 Beds
2 Baths
1,120 Sq Ft
$707/Sq Ft Est. Value

About This Home

One of WPB's most luxurious buildings! From this Northeast facing lower penthouse you will have tremendous water and city views. Top of the line amenities include summer kitchen, community pool, valet parking. Penthouse features split bedrooms, Jacuzzi tub, gourmet kitchen with stainless steel appliances and wine cooler, granite counters, W/D in unit. Unit comes with 4 parking spaces!! Metropolitan Living at its finest!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 7, 2021
Sold by
Shefet Michael and Shefet David
Bought by
Kleinman Mitchell K
Current Estimated Value
$791,453

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Outstanding Balance
$359,480
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$414,722

Purchase Details

Closed on
Jul 24, 2009
Sold by
Cityplace South Tower Llc
Bought by
Shefet Michael
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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 Buyer Sale Price Title Company
Kleinman Mitchell K $500,000 Attorney
Shefet Michael $450,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kleinman Mitchell K $390,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2014 03/12/14 Rented $2,750 0.0% --
03/12/2014 03/12/14 For Rent $2,750 -- --

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 $11,267 $503,118 -- --
2023 $10,644 $457,380 $0 $0
2022 $8,965 $415,800 $0 $0
2021 $8,351 $375,000 $0 $375,000
2020 $9,752 $435,000 $0 $435,000
2019 $9,916 $450,000 $0 $450,000
2018 $8,767 $410,000 $0 $410,000
2017 $8,189 $390,000 $0 $0
2016 $7,410 $325,000 $0 $0
2015 $8,304 $355,000 $0 $0
2014 $7,921 $335,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    MADLYN McKENDRY

    COLDWELL BANKER

  • N

    Buyer's Agent in 2014

    NON MEMBER

    NON MEMBER FIRM

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About City Place South Tower

Map

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

550 Okeechobee Blvd Unit Lph-06, West Palm Beach, FL

This home is located at 550 Okeechobee Blvd Unit Lph-06, West Palm Beach, FL 33401 and is currently estimated at $791,453, approximately $706 per square foot. 550 Okeechobee Blvd Unit Lph-06 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.

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