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$850,000
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Property Description
DON'T MISS OUT! This is a RARE opportunity for an EXCEPTIONALLY-VALUED home! This impeccable residence combines scale, style, & an enviable downtown lifestyle showcasing the largest interior floor plan in the building! Designed for modern living & effortless entertaining, this unit covers 1721-SqFt of interior + 342-SqFt of additional wraparound balcony space. This expansive two-bedroom layout PLUS a multi-functional, convertible den space lives like a true single-family home. - Specifically, this apartment comes with TWO separate parking spaces located securely within the building's gated garage - one of which is located just steps down the hallway on the SAME FLOOR, while the other is located just one floor below on the highly sought after 3rd floor, and a nearby elevator takes you right there! The apartment ALSO comes with TWO privately-owned, side-by-side, storage units located just across the hallway on the SAME FLOOR. These are both floor-to-ceiling, walk-in storage cages, each measuring approximately 9' x 8' and 9' x 7', which amounts to a total of approximately 135 SqFt of additional storage room space, all under temperature-controlled air. All of these incredible assets are also immediately sellable, or rentable to other residents in the building for INSTANT INCOME. The apartment itself is meticulously maintained and thoughtfully upgraded, featuring a newer Bosch AC unit, newer porcelain tile flooring in both bedrooms, upgraded designer lighting, all upgraded solid wood designer doors, and custom-built closets throughout. Both bathrooms offer a spa-like retreat that complements the home's bright, contemporary design. Floor-to-ceiling hurricane-impact windows fill the home with natural light, accentuating the open and airy feel. CityPlace South Tower is perhaps the healthiest high-rise condo in Downtown West Palm Beach! Very Healthy Reserves! No Special Assessments & Virtually No 2026 Maintenance Fee Increases! Situated in the heart of booming Downtown West Palm Beach, you're steps from world-class dining, shopping, the Kravis Center for the Performing Arts, the Brightline station, and all the cultural energy the city has to offer. Downtown West Palm Beach is in the midst of a remarkable transformation, quickly becoming one of South Florida's most sought-after destinations for luxury living, investment, and innovation. With billions in new development underway - including Class-A office towers, five-star hotels, acclaimed restaurants like Eataly, Milos, and Harry's of New York, and expanded waterfront spaces - the area is attracting global attention and high-profile residents. West Palm Beach is also rapidly emerging as one of the country's most important financial and academic hubs, highlighted by the planned Vanderbilt University graduate campus downtown and the continued influx of major financial firms establishing headquarters and offices in the area. This unprecedented level of investment is driving the newest evolution of the city and positioning it for strong, long-term growth - making ownership here not only a lifestyle opportunity but a compelling investment as property values continue to rise. There's no question that West Palm Beach has now captured the industry's attention nationwide, and has firmly established itself at the intersection of culture, convenience, and world-class living. CityPlace South Tower offers a full suite of resort-style amenities, including 24-hour concierge, valet parking, a state-of-the-art fitness center, designer club room, summer kitchen pavilion, and a stunning pool and spa deck overlooking the city. Exciting new renovations to the already-exquisite pool deck, clubroom, and conference room are now complete, further elevating this iconic Downtown address! Lobby entrance remodeling is also well underway and scheduled for completion in early 2026, promising an elevated and refreshed arrival experience! Walkable to CityPlace, the Kravis Center, Brightline, Clematis Street, the
Full Property Details
Full Property Details for 550 Okeechobee Blvd #423
General
- Sold For: $850,000
- HOA FEE: $1,822/month
- Taxes: $5,681 (2025)
- Status: Closed
- Type: Condo
- Source: Regional
- MLS ID: R11131518
- Added to Site: 209 day(s) ago
Interior
- Number of Rooms: 8
- Interior Features: Breakfast Area, Bathtub, Closet Cabinetry, Dual Sinks, Kitchen Island, Living/Dining Room, Split Bedrooms, Soaking Tub, Separate Shower, Tub Shower, Walk-In Closet(s)
- Appliances: Dryer, Dishwasher, Electric Range, Free-Standing Freezer, Disposal, Ice Maker, Microwave, Refrigerator, Washer
- Flooring: Ceramic Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main Floor Baths: 2
Bedrooms
- Total Bedrooms: 2
- Bedrooms Main: 2
Other Rooms
- Laundry: Inside, Laundry Closet
Additional Information
- Shared Amenities: Bike Storage, Business Center, Clubhouse, Fitness Center, Library, Picnic Area, Pool, Parking, Sauna, Spa/Hot Tub, Sidewalks, Trash, Elevator(s)
- Pool: Yes
- Pool Description: Heated, In Ground, Association
- Security/Safety: Security System Owned, Security System, Closed Circuit Camera(s), Fire Sprinkler System, Gated Community, Key Card Entry, Lobby Secured, Smoke Detector(s), Security Guard
Exterior
- Exterior Features: Built-in Barbecue, Balcony, Barbecue, Outdoor Kitchen, Outdoor Living Area, Outdoor Shower
- Porch/Patio/Deck: Covered, Wrap Around, Balcony
Parking
- Garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Assigned, Covered, Garage, Guest
Location
- County: Palm Beach
- Subdivision: CITYPLACE SOUTH TOWER CONDO
- Driving Directions: Take Exit 70 off I-95. Head East on Okeechobee Blvd. Go past the Convention Ctr and Hilton Hotel on the Right, and make the very next Right on Rosemary Ave, and your very First Left under the arches.
- Direction Faces: Southeast
School Information
- Elementary School: Palm Beach Public
- High School: Forest Hill
Community
- Community Name: 5430
- Association: Yes
- Assoc. Fees Include: Common Areas, Cable TV, Hot Water, Insurance, Maintenance Grounds, Maintenance Structure, Pest Control, Sewer, Security, Trash, Water, Internet
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Sewer Available, Water Available
Structural Information
- Architectural Style: Colonial
- Construction: Metal Siding, Concrete, Stucco
- Roof: Concrete, Spanish Tile, Tile
- Windows: Blinds, Storm Window(s)
- Entry Location: Entry Level Living Area Y
- Stories/Levels: 20
- Building Size: 2063
- Square Feet: 1,721
- Living Area: 1,721 Sq. Ft.
- Year Built: 2008
- Property Condition: Resale
Lot Features
- Property View: City
- Frontage: Public Road
- Street Lights: Yes
- Sidewalks: Yes
- Lot Features: Corner Lot
- Zoning: CPD(ci
Water Features
- Water Front View: None
Financial Considerations
- Association Fee: $1,822
- Assoc Fee Freq.: Monthly
- Tax Amount: $5,681
- Tax Year: 2025
- Terms: Cash, Conventional, VA Loan
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: CITYPLACE SOUTH TOWER CONDO UNIT 423
- Property ID: 74434328340000423
Listed by Compass Florida LLC
Sold by Douglas Elliman
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Schools
Schools serving 550 Okeechobee Blvd #423
School District:Palm Beach County School District
| Name | Grades | Distance |
|---|---|---|
Palm Beach Public School 239 Cocoanut Row, Palm Beach, FL 33480 | K-5 | 1 mi |
Conniston Middle School 3630 Parker Avenue, West Palm Beach, FL 33405 | 6-8 | 1.9 mi |
Forest Hill Community High School 6901 Parker Avenue, West Palm Beach, FL 33405 | 9-12 | 3.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 550 Okeechobee Blvd #423
Date
Details
Price
Change
Source
3/24/2026
Sold
$850,000
-14.91%
MLS
12/04/2025
Price Reduced
$999,000
-4.77%
MLS
10/11/2025
Listed
$1,049,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
550 Okeechobee Boulevard #423, West Palm Beach, FL 33401 (MLS# R11131518) is a Condo property that was sold at $850,000 on March 24, 2026. Want to learn more about 550 Okeechobee Boulevard #423? Do you have questions about finding other Condo real estate for sale in West Palm Beach? You can browse all West Palm Beach real estate or contact a Coldwell Banker agent to request more information.

