$495,000
SOLD MAY 5, 2025

City Place South Tower 550 Okeechobee Blvd Unit LPH18 West Palm Beach, FL 33401

Downtown West Palm Beach Neighborhood
1 Bed
1 Bath
755 Sq Ft
$869/mo HOA Fee

Recently Sold

$656 Per Sq Ft

2% Below List Price

125 Days on Market

Highlights

  • Water Views
  • Gated Community
  • High Ceiling
  • Palm Beach Public School Rated A-
  • Clubhouse
  • Community Pool

About This Home

As of May 2025

Beautiful LOWER PENTHOUSE residence features 1 bedroom, 1 bath, polished marble floors and all impact windows throughout! This immaculate condo is equipped with modern kitchen cabinets, beautiful granite countertops, stainless steel appliances, huge walk-in closet in master bedroom, and laundry closet with stackable GE Whirlpool washer and dryer. Live in luxury as you enjoy your morning coffee or evening views of Downtown West Palm Beach from your covered and tiled balcony. Discover South Florida living in the prestigious Cityplace South Tower. This resort style building offers first class amenities including 24-hour front desk, valet parking, heated infinity pool and spa, state-of-the-art fitness center, lounge, summer kitchen and more!

Last Agent to Sell the Property

DEREK LAMBROU

Village Realty Group LLC License #3266528 Listed on: 12/31/2024

Last Buyer's Agent

Douglas Jackson

Vylla Home License #3375254

Vylla Home

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,591

Year Built

  • Built in 2008

HOA Fees

  • $869 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Home Design

  • Concrete Roof

Interior Spaces

  • 755 Sq Ft Home
  • High Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Washer and Dryer

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Home Security

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 74434328340001918
  • Seller Considering Concessions

Community Details

Overview

  • Association fees include management, common areas, cable TV, hot water, insurance, legal/accounting, maintenance structure, parking, reserve fund, roof, sewer, security, trash, water, internet
  • High-Rise Condominium
  • Cityplace South Tower Con Subdivision
  • 20-Story Property

Amenities

  • Game Room
  • Billiard Room
  • Business Center
  • Elevator
  • Community Wi-Fi

Recreation

  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site
  • Gated Community
  • Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,591

Year Built

Built in 2008

Lot Details

0

HOA Fees

$869 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: I-95 to Okeechobee Blvd., E past the Convention Center, right turn directly after the Hilton Hotel, immediate left into entrance to Cityplace South Tower.
  • Year Built: 2008
  • Architectural Style: High Rise
  • Entry Level: 19
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Area, Entrance Foyer, High Ceilings, Living/Dining Room, Tub Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Ceramic Tile
  • Living Area: 755.0
  • Dining Room Type: Family Room, Storage Room
  • Stories: 20
  • Window Features: Impact Glass

Exterior Features

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

Garage/Parking

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

Utilities

  • Security: Smoke Detector(s)
  • 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: 869.0
  • Community Features: Game Room, Gated, Internet Access, Property Manager On-Site, Pool
  • Senior Community: No
  • Amenities: Billiard Room, Bike Storage, Business Center, Clubhouse, Management, Pool, Spa/Hot Tub, 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, Legal/Accounting, Maintenance Structure, Parking, Reserve Fund, Roof, Sewer, Security, Trash, Water, Internet

Lot Info

  • Parcel #: 74434328340001918
  • Zoning Description: RES

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6591.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 31, 2024
Closed on
May 5, 2025
Sold by
Aftabizadeh Abdol-Reza and Abdol-Reza Aftabizadeh Living Trust
Bought by
Birgells Edward W and Quaye Flora
Seller's Agent
DEREK LAMBROU
Village Realty Group LLC
Buyer's Agent
Douglas Jackson
Vylla Home
List Price
$505,000
Sold Price
$495,000
Premium/Discount to List
-$10,000
-1.98%
Views
12

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.22%
Original Mortgage
$445,500
Outstanding Balance
$445,500
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$62,582

Purchase Details

Listed on
Mar 19, 2014
Closed on
Mar 19, 2014
Sold by
Gb West Palm 1 Llc
Bought by
Aftabizadeh Abdol Reza and Abdol Reza Aftabizadeh Living Trust
Seller's Agent
Barbara Pond
Rinker Realty
Buyer's Agent
Gary Baldwin
Scuttina Signature Real Estate Group, LLC
Sold Price
$1,750
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 $495,000 Florida International Title &
Special Warranty Deed $225,000 Title Matters Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $445,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2025 05/05/25 Sold $495,000 -2.0% $656 / Sq Ft
12/31/2024 12/31/24 For Sale $505,000 0.0% $669 / Sq Ft
11/13/2020 11/13/20 Rented $2,000 0.0% --
10/14/2020 10/14/20 Under Contract -- -- --
10/09/2020 10/09/20 For Rent $2,000 +14.3% --
05/01/2014 05/01/14 Rented $1,750 -2.5% --
04/01/2014 04/01/14 Under Contract -- -- --
03/19/2014 03/19/14 For Rent $1,795 -- --
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 $6,591 $272,855 -- --
2023 $6,165 $248,050 $0 $0
2022 $5,314 $225,500 $0 $0
2021 $4,654 $205,000 $0 $205,000
2020 $5,138 $225,000 $0 $225,000
2019 $5,409 $235,000 $0 $235,000
2018 $5,665 $255,000 $0 $255,000
2017 $5,500 $245,000 $0 $0
2016 $5,450 $236,500 $0 $0
2015 $5,077 $215,000 $0 $0
2014 $4,546 $190,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • DEREK LAMBROU

    Seller's Agent in 2025

    DEREK LAMBROU

    Village Realty Group LLC

    (561) 568-6471

    10 in this area

    198 Total Sales

    DEREK LAMBROU
    Section Image
  • Douglas Jackson

    Buyer's Agent in 2025

    Douglas Jackson

    Vylla Home

    (772) 800-5770

    1 in this area

    45 Total Sales

    Douglas Jackson
    Section Image

  • B

    Seller's Agent in 2014

    Barbara Pond

    Rinker Realty

    (561) 385-1399

    15 in this area

    20 Total Sales

    Barbara Pond
    Section Image

  • G

    Buyer's Agent in 2014

    Gary Baldwin

    Scuttina Signature Real Estate Group, LLC

See All Agents

About City Place South Tower

Map

Source: BeachesMLS

MLS Number: R11047971

BeachesMLS

APN: 74-43-43-28-34-000-1918

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

550 Okeechobee Blvd Unit LPH18, West Palm Beach, FL

This home is located at 550 Okeechobee Blvd Unit LPH18, West Palm Beach, FL 33401 and is currently priced at $495,000, approximately $655 per square foot. This property was built in 2008. 550 Okeechobee Blvd Unit LPH18 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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