NOT LISTED FOR SALE

City Place South Tower 550 Okeechobee Blvd Unit UPH11 West Palm Beach, FL 33401

Downtown West Palm Beach Neighborhood

Estimated Value: $1,755,000 - $1,916,000

2 Beds
2 Baths
1,694 Sq Ft
$1,219/mo HOA Fee

Last Sold May 26, 2022

Last sale price $1,500,000 $885 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $12,806/month

15 Days on Market

Highlights

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

About This Home

As of May 2022

Situated on the exclusive Upper Penthouse floor with sweeping panoramic views of the city skyline, a stone's throw from all of the action, this is the most sought-after address in all of Downtown West Palm Beach. This impressive, one-of-a-kind 2 Bedroom plus a Den retreat is available for resale for the very first time. Pristine & move-in ready this home has been meticulously maintained and cared for. Replete with luxurious finishes, soaring 11-foot ceilings and over 33 windows incl. 3 double door sliders, this grand & inviting residence offers functionality and elegance in true Floridian splendor. This inspiring living space with floor to ceiling windows, a unique floor plan and a sprawling wrap around balcony offers exceptional views that only this upper penthouse condo could provide.

Last Listed By

Alyse Keller

Compass Florida LLC (PB) License #3433254 Listed on: 04/10/2022

Compass Florida LLC (PB)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,395

Year Built

  • Built in 2008

Lot Details

  • 1

HOA Fees

  • $1,219 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Guest Parking
  • Deeded Parking
  • Assigned Parking

Home Design

  • Concrete Roof

Interior Spaces

  • 1,694 Sq Ft Home
  • Furnished or left unfurnished upon request
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Windows
  • Family Room
  • Formal Dining Room
  • Open Floorplan
  • Den
  • Marble Flooring
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Roman Tub

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Wrap Around Porch

Utilities

  • Central Heating and Cooling System
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 74434328340002111

Community Details

Overview

  • Association fees include management, common areas, cable TV, hot water, insurance, maintenance structure, parking, pool(s), reserve fund, sewer, security, trash, water
  • High-Rise Condominium
  • Cityplace South Tower Con Subdivision
  • 20-Story Property

Amenities

  • Doorman
  • Billiard Room
  • Business Center
  • Community Library
  • Elevator
  • Community Storage Space

Recreation

  • Community Spa
  • Park

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site
  • Card or Code Access
  • Gated Community
  • Impact Glass
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,395

Year Built

Built in 2008

Lot Details

0

HOA Fees

$1,219 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Exit I-95 to Okeechobee Blvd, head East. Located in between Florida and Alabama Ave.
  • Year Built: 2008
  • Architectural Style: High Rise
  • Entry Level: 20
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Area, Dining Area, Separate/Formal Dining Room, Eat-in Kitchen, Family/Dining Room, Garden Tub/Roman Tub, High Ceilings, Kitchen/Dining Combo, Pantry, Split Bedrooms, Walk-In Closet(s)
  • Furnished: Negotiable
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Ice Maker, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Marble
  • Living Area: 1694.0
  • Dining Room Type: Den, Family Room, Laundry, Storage Room
  • Stories: 20
  • Window Features: Blinds, Impact Glass, Sliding

Exterior Features

  • Exterior Features: Balcony
  • View: Lake, Water
  • Lot Features: < 1/4 Acre
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront: No
  • Construction Type: Block, Other
  • Patio And Porch Features: Wrap Around
  • Property Condition: Resale
  • Roof: Concrete

Garage/Parking

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

Utilities

  • Security: Security System, Door Man, Key Card Entry, Fire Sprinkler System
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1219.0
  • Community Features: Clubhouse, Gated, Park, Property Manager On-Site, Pool, Sauna
  • Senior Community: No
  • Amenities: Billiard Room, Bike Storage, Business Center, Clubhouse, Fitness Center, Library, Management, Pool, Sauna, Spa/Hot Tub, Storage, Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Hot Water, Insurance, Maintenance Structure, Parking, Pool(s), Reserve Fund, Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 74434328340002111
  • Zoning Description: CPD(ci

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 10395.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2022
Closed on
May 26, 2022
Sold by
Thomas Frazer
Bought by
Delalio Steven
Seller's Agent
Alyse Keller
Compass Florida LLC (PB)
Buyer's Agent
MICHELLE ESPOSITO, PA
Douglas Elliman
List Price
$1,400,000
Sold Price
$1,500,000
Premium/Discount to List
$100,000
7.14%
Total Days on Market
15
Current Estimated Value
$1,835,936

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$335,936
Avg. Annual Appreciation
7.09%

Purchase Details

Closed on
Mar 30, 2011
Sold by
Gb West Palm I Llc
Bought by
Frazer Thomas

Range of Values:

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Average Value
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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
Delalio Steven $1,500,000 Trident Title
Frazer Thomas $440,000 Title Matters Llc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2022 05/26/22 Sold $1,500,000 +7.1% $885 / Sq Ft
04/26/2022 04/26/22 Pending -- -- --
04/10/2022 04/10/22 For Sale $1,400,000 -- $826 / 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 $16,891 $858,000 -- --
2023 $16,805 $848,000 $0 $848,000
2022 $11,218 $515,900 $0 $0
2021 $10,395 $469,000 $0 $469,000
2020 $11,070 $495,000 $0 $495,000
2019 $11,508 $510,000 $0 $510,000
2018 $10,966 $500,000 $0 $500,000
2017 $10,786 $490,000 $0 $0
2016 $9,989 $440,000 $0 $0
2015 $10,493 $450,000 $0 $0
2014 $9,899 $420,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Alyse Keller

    Seller's Agent in 2022

    Alyse Keller

    Compass Florida LLC (PB)

    (561) 998-0100

    35 in this area

    74 Total Sales

    Alyse Keller
    Section Image

  • J

    Seller Co-Listing Agent in 2022

    Justin Keller

    Compass Florida LLC (PB)

    (561) 296-5326

    33 in this area

    72 Total Sales

    Justin Keller
    Section Image

  • M

    Buyer's Agent in 2022

    MICHELLE ESPOSITO, PA

    Douglas Elliman

    (561) 655-8600

    4 in this area

    17 Total Sales

    MICHELLE ESPOSITO, PA
    Section Image
See All Agents

About City Place South Tower

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Source: BeachesMLS

MLS Number: R10790704

BeachesMLS

APN: 74-43-43-28-34-000-2111

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

550 Okeechobee Blvd Unit UPH11, West Palm Beach, FL

Homes for Sale in West Palm Beach, FL

This home is located at 550 Okeechobee Blvd Unit UPH11, West Palm Beach, FL 33401 since 10 April 2022 and is currently estimated at $1,835,936, approximately $1,083 per square foot. This property was built in 2008. 550 Okeechobee Blvd Unit UPH11 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.

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