Premier Brokers International
550 Okeechobee Boulevard Lph-23, West Palm Beach, FL 33401
PendingBeachesMLS
PendingMLS® B26043812
$2,100,000

550 Okeechobee Boulevard Lph-23, West Palm Beach, FL 33401

Beds
2
Baths
2
Sqft
1,709
Est. payment$14,590/mo
Home type
Condominium
Year built
2008
Lot size
0 sqft
Price / sqft
$1,229
HOA
$1,830/mo
Community
CITYPLACE SOUTH TOWER CONDO

Property description

For the first time ever, this one-of-a-kind, extensively remodeled Penthouse is being offered for sale. Showcasing breathtaking direct east-facing views of the Atlantic Ocean and Intracoastal Waterway from nearly every room, this exceptional corner residence offers a level of luxury, privacy, and architectural uniqueness rarely found in Downtown West Palm Beach. A truly rare opportunity, this home features a dramatic double-wide kitchen expansion that immediately captivates from the moment you enter. The enlarged footprint creates a grand sense of scale, opening unobstructed sightlines from the living and dining areas and out to the wraparound balcony. There is simply no other floor plan like it in the building, a genuine 1-of-1 offering in the heart of Downtown West Palm Beach. Perfectly positioned on the coveted penthouse level, this residence combines sweeping water views with an unbeatable location in one of the country's fastest-growing luxury markets, now widely known as "Wall Street South." At the heart of the residence is an absolutely stunning, magazine-worthy chef's kitchen unlike anything else in CityPlace South Tower. Completely reimagined and expanded, this showpiece was designed with both luxury and functionality in mind. Custom cabinetry seamlessly conceals a full suite of integrated Miele appliances, including an extra-large refrigerator, induction stove-top, and a built-in Miele coffee system that brings the café experience home. Hardware-free push-to-open cabinetry, in-cabinet lighting, extensive custom storage solutions, and sleek designer finishes create a clean, sophisticated aesthetic, while custom tray ceilings and end-to-end recessed lighting provide a warm and inviting ambiance. Whether entertaining guests or enjoying a quiet morning overlooking the water, this extraordinary kitchen serves as the centerpiece of the home and is truly a chef's dream. Designer sophistication continues throughout the residence with soaring 10-foot ceilings, expansive floor-to-ceiling windows and sliders, and a seamless connection to the oversized 400-square-foot wraparound balcony. Every detail has been thoughtfully curated, including a newer top-of-the-line Bosch air conditioning system that provides exceptional comfort and efficiency year-round. The result is a residence that perfectly blends luxury, comfort, and modern convenience while maximizing its stunning eastern exposure. CityPlace South Tower is widely regarded as one of the premier luxury condominium buildings in Downtown West Palm Beach and stands out as perhaps the healthiest high-rise condominium community in the downtown market. With strong reserves, no special assessments, and virtually no maintenance fee increases for 2026, owners can enjoy an exceptional level of financial stability and peace of mind that is increasingly difficult to find. Situated in the heart of booming Downtown West Palm Beach, residents enjoy immediate access to world-class dining, shopping, entertainment, and culture. Walk to the Kravis Center for the Performing Arts, Brightline, waterfront events, acclaimed restaurants, nightlife, and countless destinations that make downtown one of South Florida's most vibrant urban centers. The pristine beaches of Palm Beach Island are just minutes away, while the building is uniquely zoned for an A-rated elementary school district. Downtown West Palm Beach is currently undergoing one of the most significant transformations in the nation. Billions of dollars in new investment are reshaping the city through the development of Class-A office towers, luxury hotels, expanded waterfront spaces, and acclaimed destinations such as Eataly, Milos, Harry's of New York, and numerous other high-end restaurants and retailers. The city is rapidly emerging as a major financial and academic hub, highlighted by the planned Vanderbilt University graduate campus and the continued influx of nationally recognized financial firms establishing offices and headquarters downtown. This unprecedented level of investment is positioning West Palm Beach for sustained long-term growth, making ownership at CityPlace South Tower not only an exceptional lifestyle opportunity but also a compelling investment in one of South Florida's most dynamic and rapidly evolving markets. There is no question that West Palm Beach has captured national attention and firmly established itself at the intersection of luxury living, business, culture, and convenience. Residents enjoy an exceptional collection of resort-style amenities, including 24-hour concierge service, valet parking, a state-of-the-art fitness center, designer club room, summer kitchen pavilion, and a spectacular resort-style pool and spa. This extraordinary penthouse represents a rare combination of architectural uniqueness, luxury finishes, breathtaking water views, financial stability, and an unbeatable downtown location. Opportunities like this seldom come to market. Schedule your private showing today and experience one of the most distinctive residences in all of Downtown West Palm Beach.

Listing activity

Days on market
51
Listed
Jun 21, 2026
MLS listing updated
Sep 22, 2026
Feed last checked
6 minutes ago

Listed by Justin Charles Keller PA · Compass Florida LLC

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms
2
Bathrooms
2
Bathrooms (decimal)
2
Full bathrooms
2
Half bathrooms
0
Main-level bedrooms
2
Main-level bathrooms
2

Rooms & features

Rooms
5
Interior features
Bar, Bedroom Layout - Split, Built-in Features, Entrance Foyer, High Ceilings, Kitchen Island, Pantry, Storage, Walk-In Closet(s)
Flooring
Marble, Tile
Appliances
Dishwasher, Disposal, Dryer, Free-Standing Freezer, Ice Maker, Microwave, Refrigerator, Washer
Laundry
Electric Dryer Hookup, Inside, Laundry Closet, Washer Hookup
Furnished
Negotiable
Window features
Blinds, Sliding, Storm Window(s)
Other equipment
List Available

Heating & cooling

Heating
Central, Electric
Cooling
Ceiling Fan(s), Central Air, Electric
Property

Parking

Garage spaces
2
Garage
Yes
Carport
No
Parking spaces
2
Covered spaces
2
Parking features
Assigned, Attached Garage, Covered, Garage, Guest, Valet
Attached garage
Yes

Exterior

Stories
20
Building area
2,111 sqft
Patio & porch
Terrace
Exterior features
Balcony, Awning(s), Built-in Barbecue, Courtyard, Lighting, Outdoor Shower, Pool Bathroom, Summer Kitchen
Other structures
Cabana, Pergola
Pool
No
View
Ocean, Intracoastal, City, Garden, Pool, Water
Waterfront
None
Waterfront property
No
Spa
Yes
Spa features
Heated, In Ground

Lot

Lot size
0 sqft
Lot size (acres)
0 acres
Lot features
Corner Lot, Landscaped, Many Trees, Sidewalks
Zoning
CPD(ci
Road surface
Paved
Construction

Type & style

Home type
Condominium
Structure type
Multi Family
Architectural style
Contemporary, Mediterranean
Year built
2008
New construction
No

Materials

Construction
Concrete, Metal Frame, Stucco
Roof
Concrete, Tile
Property condition
Resale
Levels
One
Faces
East
Utilities & green energy

Utilities

Electric
Three Phase
Sewer
Public Sewer
Water
Public
Utilities
Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Community & HOA

Community

Subdivision
CITYPLACE SOUTH TOWER CONDO
MLS area
5430
MLS subarea
PB20
Security
Closed Circuit Camera(s), Fire Sprinkler System, Gated - No Guard, Key Card Entry, Lobby - Attended, Security Patrol, Security System, Security System Owned, Smoke Detector(s)
Pets allowed
Breed Restrictions, Yes
55+ community
No

Association

Has association
Yes
Association fee
$1,829.81 monthly
Estimated monthly dues
$1,830
Amenities
Security, Gated, Pool, Bike Storage, Billiard Room, Business Center, Cabana, Clubhouse, Community Room, Elevator(s), Fitness Center, Heated Pool, Hot Water, Internet Included, Library, Lobby, Management, Manager On Site, Parking, Picnic Area, Sauna, Sidewalks, Spa/Hot Tub, Trash Chute
Services included
Pool Service, Cable TV, Common Areas, Common Real Estate Tax, Elevator, Hot Water, Insurance, Internet, Maintenance Grounds, Maintenance Structure, Reserve Funds, Security, Sewer, Trash, Water
Lease details

Not reported by the listing source.

Location

Area details

City
West Palm Beach
County
Palm Beach
ZIP code
33401
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
B26043812
Possession
Close Of Escrow
Original list price
$2,100,000
Parcel number
74434328340001923
Annual property tax
$9,763
Tax year
2025
Tax legal description
CITYPLACE SOUTH TOWER CONDO UNIT LPH-23
Special listing conditions
Standard
Additional MLS details

Reported by the listing source

Association Amenities
Security, Gated, Pool, Bike Storage, Billiard Room, Business Center, Cabana, Clubhouse, Community Room, Elevator(s), Fitness Center, Heated Pool, Hot Water, Internet Included, Library, Lobby, Management, Manager On Site, Parking, Picnic Area, Sauna, Sidewalks, Spa/Hot Tub, Trash Chute
Association Fee Frequency
Monthly
Association Fee Includes
Pool Service, Cable TV, Common Areas, Common Real Estate Tax, Elevator, Hot Water, Insurance, Internet, Maintenance Grounds, Maintenance Structure, Reserve Funds, Security, Sewer, Trash, Water
Association
Yes
Bathrooms Total Decimal
2
Bathrooms Total Integer
2
Building Area Total
2111
Construction Materials
Concrete, Metal Frame, Stucco
County Or Parish
Palm Beach
Days On Market
51
Direction Faces
East
Elementary School
Palm Beach Public
High School
Forest Hill
Laundry Features
Electric Dryer Hookup, Inside, Laundry Closet, Washer Hookup
List Price
2100000
Listing Contract Date
2026-06-21
Living Area
1709
Lot Size Acres
0
Lot Size Area
0
MLSArea Major
5430
MLSArea Minor
PB20
Main Level Bathrooms
2
Main Level Bedrooms
2
Middle Or Junior School
Conniston Community
Mls Status
Pending
On Market Date
2026-08-31
Parking Total
2
Patio And Porch Features
Terrace
Photos Count
118
Postal Code
33401
Property Sub Type
Condominium
Property Type
Residential
Road Surface Type
Paved
Rooms Total
5
Security Features
Closed Circuit Camera(s), Fire Sprinkler System, Gated - No Guard, Key Card Entry, Lobby - Attended, Security Patrol, Security System, Security System Owned, Smoke Detector(s)
Senior Community
No
Standard Status
Pending
State Or Province
FL
Status Change Timestamp
2026-09-22T16:11:29Z
Stories Total
20
Subdivision Name
CITYPLACE SOUTH TOWER CONDO
Water Source
Public
Waterfront Features
None
Tax Annual Amount
9763
Bathrooms Full
2
Pool Private
No
Bedrooms Total
2
Bathrooms Half
0
Financial Information: Estimated Monthly Assoc Recurring Fee
1830

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Jun 21, 2026ListedBeachesMLS$2,100,000$1,229/sqft

Public tax history

YearProperty taxesAssessment
2025$9,763—

Payment calculator

Estimated monthly payment$14,590/moIllustrative estimate, not a loan offer.
Principal & interest
$10,896
Property taxes
$814
Insurance
$1,050
Association dues
$1,830

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

CITYPLACE SOUTH TOWER CONDO

West Palm Beach · Palm Beach County · 33401

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Palm Beach PublicElementary
—
Conniston CommunityMiddle
—
Forest HillHigh
—
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

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BeachesMLS

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