550 Okeechobee Boulevard #423, West Palm Beach, FL

$850,000

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2

Beds

2

Baths

1,721

Square feet

About 550 Okeechobee Boulevard #423

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 Norton Museum, waterfront concerts, and Palm Beach's pristine beaches  this is the lifestyle you've been waiting for. And with the ability to rent immediately for a minimum of 30 days up to 12 times per year, this residence is as smart an investment as it is a place to call home. Your best life starts here  where luxury, location, and lifestyle come together seamlessly.

Features of 550 Okeechobee Boulevard #423

MLS® # R11131518
USD $850,000
CAD $1,176,298
CNY 元5,702,055
EUR €732,131
GBP £628,493
RUB ₽71,846,590
Last Listing Price $999,000
HOA Fees $1,822
Bedrooms 2
Bathrooms 2.00
Full Baths 2
Square Footage Plans
Year Built 2008
Type Residential
Sub-Type Condominium
Restrictions Parking - No Boat, Parking - No Commercial Vehicles, Parking - No RV
Style Colonial
Unit Floor 4
Status Closed
HOPA No Hopa
Membership Equity No

Community Information

Address 550 Okeechobee Boulevard #423
Area 5430
Subdivision CITYPLACE SOUTH TOWER CONDO
Development Cityplace South Tower Condo
City West Palm Beach
County Palm Beach
State FL
Zip Code 33401

Amenities

Amenities Elevator(s), Fitness Center, Picnic Area, Parking, Pool, Sauna, Spa/Hot Tub, Manager On Site, Trash Chute, Bike Storage, Business Center, Community Room, Internet Included, Library, Sidewalks, Street Lights
Utilities Cable Available, Sewer Available, Water Available
Parking Assigned, Covered, Guest, Garage
# of Garages 2
View City
Is Waterfront No
Waterfront None
Has Pool No
Pool Heated, In Ground
Pets Allowed Yes, Breed Restrictions, Number Limit, Size Limit, Pet Restrictions Possible
Subdivision Amenities Elevator(s), Fitness Center, Picnic Area, Parking, Pool, Sauna, Spa/Hot Tub, Manager On Site, Trash Chute, Bike Storage, Business Center, Community Room, Internet Included, Library, Sidewalks, Street Lights
Security Closed Circuit Camera(s), Fire Sprinkler System, Key Card Entry, Smoke Detector(s), Security System Owned, Security System, Gated - No Guard, Lobby - Attended, Security Patrol

Interior

Interior Features Kitchen Island, Walk-In Closet(s), Bedroom Layout - Split, Closet Cabinetry
Appliances Dryer, Disposal, Dishwasher, Electric Range, Free-Standing Freezer, Ice Maker, Microwave, Refrigerator, Washer
Heating Central, Electric
Cooling Central Air, Ceiling Fan(s), Electric
Fireplace No
# of Stories 20
Master Bedroom Dual Sinks, Separate Shower, Separate Tub, Spa Tub & Shower

Exterior

Exterior Features Built-in Barbecue, Outdoor Shower, Summer Kitchen, Balcony
Lot Description Corner Lot, Sidewalks
Windows Blinds, Storm Window(s)
Roof Concrete, Spanish Tile, Tile
Construction Concrete, Metal Siding, Stucco
Front Exposure Southeast

School Information

Elementary Palm Beach Public
High Forest Hill

Additional Information

Date Closed March 24th, 2026
Date Listed October 11th, 2025
Days on Market 335
Zoning CPD(ci
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees 1821.81
HOA Fees Freq. Monthly
Parcel ID 74434328340000423

Listing Details

OfficeCompass Florida LLC

Listing Map

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