$420,000
SOLD FEB 1, 2022

City Place South Tower 550 Okeechobee Blvd Unit MPH14 West Palm Beach, FL 33401

Downtown West Palm Beach Neighborhood
1 Bed
1 Bath
825 Sq Ft
$582/mo HOA Fee

Recently Sold

$509 Per Sq Ft

7% Below List Price

29 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Clubhouse
  • Palm Beach Public School Rated A-
  • Lake View
  • Sauna

About This Home

As of February 2024

RARELY Available 1 bed/1 bath Penthouse unit in Downtown West Palm Beach's luxury high rise - Cityplace South Tower! This modern design unit is beautifully done with high ceilings really opening up the space. This penthouse floor is complete with an entertainment lounge near the elevators. A nicely located parking space comes with the unit as well. Building security is 24 hours and there is complimentary valet for residents and guests. Building amenities are on the 9th floor and are absolutely amazing! Come check this unit out, it's a beauty!!

Last Agent to Sell the Property

Ryan Apple

Ryan Apple Realty Group LLC License #3501651 Listed on: 12/03/2021

Last Buyer's Agent

Tierney O'Hara

Sotheby's Intl. Realty, Inc. License #3087366

Sotheby's Intl. Realty, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,826

Year Built

  • Built in 2008

HOA Fees

  • $582 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Interior Spaces

  • 825 Sq Ft Home
  • Furnished or left unfurnished upon request
  • Built-In Features
  • Combination Kitchen and Dining Room
  • Ceramic Tile Flooring

Kitchen

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

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

Outdoor Features

  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Water Not Available
  • Gas Water Heater
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 74434328340002014

Community Details

Overview

  • Association fees include ground maintenance, parking, pest control, reserve fund, security, trash, water
  • Cityplace South Tower Con Subdivision
  • 21-Story Property

Amenities

  • Doorman

Recreation

  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,826

Year Built

Built in 2008

Lot Details

0

HOA Fees

$582 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Okeechobee Blvd exit off 95. Go east for about half a mile and the building is on the right directly across from Restoration Hardware and the Hilton.
  • Year Built: 2008
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Kitchen/Dining Combo, Walk-In Closet(s)
  • Furnished: Negotiable
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Ceramic Tile
  • Living Area: 825.0
  • Dining Room Type: Laundry
  • Stories: 21

Exterior Features

  • Exterior Features: Balcony
  • View: Lake, Water
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront: No
  • Construction Type: Other
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Security: Door Man, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: None, Water Not Available
  • Water Source: None

Condo/Co-op/Association

  • Association Fee: 582.0
  • Community Features: Non-Gated, Property Manager On-Site, Pool, Sauna
  • Senior Community: No
  • Amenities: Bike Storage, Clubhouse, Fitness Center, Management, Pool, Sauna, Trash
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Parking, Pest Control, Reserve Fund, Security, Trash, Water

Lot Info

  • Parcel #: 74434328340002014
  • Zoning Description: CPD

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3826.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2024
Closed on
Feb 23, 2024
Sold by
Carney James
Bought by
Rose Daniel
Seller's Agent
Justin Keller
Compass Florida LLC (PB)
Buyer's Agent
Sara Almasy
Century 21 WC Realty
List Price
$499,000
Sold Price
$490,000
Premium/Discount to List
-$9,000
-1.8%
Views
26
Current Estimated Value
$503,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,086
Avg. Annual Appreciation
3.20%

Purchase Details

Closed on
Sep 14, 2023
Sold by
Carney James and Carney Ceann
Bought by
Carney James

Purchase Details

Listed on
Dec 3, 2021
Closed on
Feb 1, 2022
Sold by
Dennis Kavchak John and Dennis Marilyn A
Bought by
Carney James and Carney Ceann
Seller's Agent
Ryan Apple
Ryan Apple Realty Group LLC
Buyer's Agent
Tierney O'Hara
Sotheby's Intl. Realty, Inc.
List Price
$449,900
Sold Price
$420,000
Premium/Discount to List
-$29,900
-6.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.87%

Purchase Details

Listed on
Jun 3, 2017
Closed on
Jul 31, 2017
Sold by
Anton Omischi Wolfgang
Bought by
Kavchak John Dennis
Seller's Agent
Kimberly Preiser
Atlantic Florida Properties Inc
Buyer's Agent
David Bates
Dalton Wade Inc
List Price
$279,900
Sold Price
$267,500
Premium/Discount to List
-$12,400
-4.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.50%

Purchase Details

Closed on
Nov 18, 2013
Sold by
Gb West Palm 1 Llc
Bought by
Omischl Wolfgang Anton
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 $490,000 None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed $420,000 Producers Title
Warranty Deed $267,500 Attorney
Special Warranty Deed $242,500 Title Matters Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $247,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2024 02/23/24 Sold $490,000 -1.8% $613 / Sq Ft
01/12/2024 01/12/24 For Sale $499,000 +18.8% $624 / Sq Ft
02/01/2022 02/01/22 Sold $420,000 -6.6% $509 / Sq Ft
01/02/2022 01/02/22 Pending -- -- --
12/03/2021 12/03/21 For Sale $449,900 +68.2% $545 / Sq Ft
07/28/2017 07/28/17 Sold $267,500 -4.4% $354 / Sq Ft
06/28/2017 06/28/17 Pending -- -- --
06/03/2017 06/03/17 For Sale $279,900 -- $371 / Sq Ft
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 $8,470 $404,000 -- --
2023 $8,114 $384,000 $0 $384,000
2022 $3,847 $215,270 $0 $0
2021 $3,826 $209,000 $0 $209,000
2020 $4,325 $230,000 $0 $230,000
2019 $4,518 $236,745 $0 $0
2018 $4,257 $232,331 $0 $0
2017 $5,610 $250,000 $0 $0
2016 $5,477 $235,950 $0 $0
2015 $5,107 $214,500 $0 $0
2014 $4,663 $195,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    Justin Keller

    Compass Florida LLC (PB)

    (561) 296-5326

    34 in this area

    71 Total Sales

    Section Image
  • Alyse Keller

    Seller Co-Listing Agent in 2024

    Alyse Keller

    Compass Florida LLC (PB)

    (561) 998-0100

    36 in this area

    73 Total Sales

    Section Image
  • Sara Almasy

    Buyer's Agent in 2024

    Sara Almasy

    Century 21 WC Realty

    (561) 801-2631

    3 in this area

    37 Total Sales

    Section Image

  • R

    Seller's Agent in 2022

    Ryan Apple

    Ryan Apple Realty Group LLC

    (561) 222-1789

    24 in this area

    46 Total Sales

    Section Image
  • Tierney O'Hara

    Buyer's Agent in 2022

    Tierney O'Hara

    Sotheby's Intl. Realty, Inc.

    (561) 449-1212

    13 in this area

    64 Total Sales

    Section Image

  • K

    Seller's Agent in 2017

    Kimberly Preiser

    Atlantic Florida Properties Inc

    (561) 370-8757

    5 Total Sales

    Section Image
See All Agents

About City Place South Tower

Map

Source: BeachesMLS

MLS Number: R10762644

BeachesMLS

APN: 74-43-43-28-34-000-2014

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

550 Okeechobee Blvd Unit MPH14, West Palm Beach, FL

This home is located at 550 Okeechobee Blvd Unit MPH14, West Palm Beach, FL 33401 and is currently priced at $420,000, approximately $509 per square foot. This property was built in 2008. 550 Okeechobee Blvd Unit MPH14 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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