550 Okeechobee Boulevard Lph-23, West Palm Beach, FL 33401
New ListingOverview
Description
Supplements: ... (Read more) 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." Two highly desirable garage parking spaces and a large private storage unit further elevate the value and rarity of this exceptional offering. 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 Details MLS# B26043812
General Property Information
- Total Units In Building
- 420
- Unit Floor #
- 18
- Property Sub Type
- Condominium
- Bedrooms Total
- 2
- Bathrooms Total
- 2
- Bathrooms Full
- 2
- Building Area Main
- 2111
- Building Area Source
- Plans
- Living Area Main
- 1709
- Living Area Source
- Plans
- Accessibility Features YN
- No
- Year Built
- 2008
- Garage YN
- Yes
- Attached Garage YN
- Yes
- Garage Spaces
- 2
- Covered Spaces
- 2
- Parking Total
- 2
- Gated Community YN
- Yes
- Senior Community YN
- No
- Outdoor Living Spaces YN
- Yes
- Stories Total
- 20
- Stories
- Yes
- Direction Faces
- East
- Pool Private YN
- No
- Spa YN
- Yes
- Furnished
- Negotiable
- Washer/Dryer Allowed YN
- Yes
Property Features
Contract Information
- Comp Sale YN
- No
- Original List Price
- 2100000
- Negotiable Seller Concessions YN
- Yes
- Listing Service
- Full Service
Location and Legal
- Country
- United States
- County Or Parish
- Palm Beach
- Street Number
- 550
- Street Name
- Okeechobee
- Street Suffix
- Boulevard
- Unit Number
- Lph-23
- State Or Province
- FL
- Postal Code
- 33401
- Subdivision Name
- CITYPLACE SOUTH TOWER CONDO
- Development Name
- Cityplace South Tower Condo
- Area
- 5430
- Geographic Area
- PB20
- Elementary School
- Palm Beach Public
- Middle Or Junior School
- Conniston Community
- High School
- Forest Hill
- Special Assessment YN
- No
- Parcel Number
- 74434328340002123
- Zoning
- CPD(ci
- Flood Zone
- No
- Directions
- Take Exit 70 off I-95. Head East on Okeechobee Blvd. Go past the Convention Center and Hilton Hotel on the Right, and make the very next Right on Rosemary Ave, and then your very First Left - and head straight across and under the arched entranceway.
- Multiple Offers Accepted
- Yes
Financial Information
- Association YN
- Yes
- Association Deposit YN
- No
- Association Fee
- 1829.81
- Association Fee Frequency
- Monthly
- Association Membership
- Mandatory
- Association Reserves YN
- Yes
- Application Required YN
- Yes
- Association Email
- Ivy.Valle@fsresidential.com
- Master Association YN
- No
- Estimated Monthly Assoc Recurring Fee
- 1830
- Membership Fee Required YN
- No
- Tax Annual Amount
- 9763
- Tax Year
- 2025
- Tax Legal Description
- CITYPLACE SOUTH TOWER CONDO UNIT UPH-23
Status Change Information
- Major Change Timestamp
- 2026-08-31T18:22:29Z
- Major Change Type
- Back on Market
- Status Change Date
- 2026-08-31
- Back on Market Date
- 2026-08-31
More Information
Application Fee Details
- Application Fee Required
- No
Leasing Permitted Details
- Leasing Permitted YN
- Yes
Capital Contributions
- Capital Contributions YN
- No
Co-Ownership
- Property Management YN
- Yes
- Property Management Name
- FirstService Residential
- Property Management Phone
- 561-623-8100
- Property Management Email
- Ivy.Valle@fsresidential.com
Ceiling Fan Details
- Number Of Ceiling Fans
- 2
Main Level Rooms
- Main Level Bathrooms
- 2
- Main Level Bedrooms
- 2
Pet Details
- Pet Fee YN
- No
- Other Pet Restrictions
- 2 Pets allowed: Max weight for solo dog is 40 lbs. Total max weight for 2 dogs in 60 lbs.
Leasing Restrictions
- Leasing - Max Times Per Year
- 12
- Leasing - Minimum Number of Days
- 30
Storm Protection
- Impact Glass
- Complete
Room Types
- Bedroom 2 Level
- Main
- Bedroom 3 Level
- Main
- Dining Room Level
- Main
- Kitchen Level
- Main
- Living Room Level
- Main
- Master Bedroom Level
- Main
Price Calculations
- Current Price To SqFt
- 1228.78
Originating Details
- Originating System Key
- 20260620015938459542000000
- Originating System ID
- M00000170
Room Information
| Room Name | Length | Width | Level |
|---|---|---|---|
| Living Room | 20.90 | 12.10 | Main |
| Kitchen | 22.00 | 12.40 | Main |
| Master Bedroom | 15.00 | 19.00 | Main |
| Bedroom 2 | 12.80 | 11.80 | Main |
| Dining Room | 12.50 | 11.70 | Main |