Water Views
Address
550 Okeechobee Boulevard Lph-23, West Palm Beach, FL
Price
$ 2,100,000
Property Attributes
- MLS#B26043812
- TypeCondos
- Listing Status Active
- CountyPalm Beach
- CityWest Palm Beach
- Area5430
- NeighborhoodCITYPLACE SOUTH TOWER CONDO
- Zip33401
- Style
- Year Built2008
- Taxes$ 9763
- Price$ 2,100,000
- Bedrooms2
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1709
Data Source:
Beaches MLS (FL)
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." 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.
| Elementary School | Middle School | High School |
|---|---|---|
| Palm Beach Public Elementary School | Conniston Community Middle School | Forest Hill High School |
| Price History | |
|---|---|
| 6/22/2026 | Listed $2,100,000 |
General Features
| Membership Required | false |
|---|---|
| Sewer | Public Sewer |
| Heating | Central,Electric |
| Cooling | Central Air,Ceiling Fan(s),Electric |
| Utilities | Cable Connected,Electricity Connected,Sewer Connected,Water Connected |
| Possession | Close Of Escrow |
| Roof | Concrete,Tile |
| Appliances | Dryer,Dishwasher,Free-Standing Freezer,Disposal,Ice Maker,Microwave,Refrigerator,Washer |
| HOA Fee | 1829.81 |
| Garage Spaces | 2 |
| Association Fee Includes | Common Areas,Cable TV,Hot Water,Insurance,Maintenance Grounds,Maintenance Structure,Pool(s),Reserve Fund,Sewer,Security,Trash,Water,Internet |
| Patio/Porch Features | Covered,Terrace,Wrap Around,Balcony |
| Architectural Style | Contemporary,Mediterranean |
| Pool Features | Association,Heated,Outside Bath Access |
| Security Features | Security System Owned,Security System,Closed Circuit Camera(s),Fire Sprinkler System,Gated Community,Key Card Entry,Lobby Secured,Smoke Detector(s),Security Guard |
| Construction Materials | Metal Frame,Concrete,Stucco |
| Pets Allowed | Breed Restrictions,Yes |
| Year Built | 2008 |
| Electric | 3 Phase |
| View | City,Garden,Intercoastal,Ocean,Pool,Water |
| Stories Count | 1 |
| Levels | One |
| Unit Number | Lph-23 |
| Property Subtype | Condominium |
| Tax Year | 2025 |
| Waterfront Features | None |
| Community Features | Gated,Property Manager On-Site,Sidewalks |
| Community Type | Gated Community |
| Accessibility | None |
| Assoc Fee Paid Per | Monthly |
| County | Palm Beach |
| New Construction | false |
| Property Type | Residential |
| Association Amenities | Billiard Room,Bike Storage,Business Center,Cabana,Clubhouse,Fitness Center,Gated,Hot Water,Library,Management,Picnic Area,Pool,Parking,Sauna,Spa/Hot Tub,Security,Storage,Sidewalks,Trash,Elevator(s) |
| Attached Garage | true |
| Subdivision Name | CITYPLACE SOUTH TOWER CONDO |
| Facing Direction | East |
| Garage Y/N | true |
| Other Structures | Cabana,Pergola |
| Full Baths | 2 |
| Status | Active |
| 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. |
| High School | Forest Hill |
| City | West Palm Beach |
| Senior Community Y/N | false |
| MLS Area | 5430 |
| Carport Y/N | false |
| Spa Features | Heated,In Ground |
| Elementary School | Palm Beach Public |
| Tax Annual Amount | 9763 |
| Middle/Junior High School | Conniston Community |
| Property Condition | Resale |
| MLS Area Minor | PB20 |
| Virtual Tour | https://www.propertypanorama.com/550-Okeechobee-Boulevard-Lph23-West-Palm-Beach-FL-33401/unbranded |
| Standard Status | Active |
| Property Sub Type Additional | Condominium |
| PostalCity | West Palm Beach |
| Legal Description | CITYPLACE SOUTH TOWER CONDO UNIT UPH-23 |
Interior Features
| Interior Amenities | Built-in Features,Breakfast Area,Bathtub,Dining Area,Separate/Formal Dining Room,Dual Sinks,Entrance Foyer,Family/Dining Room,High Ceilings,Jetted Tub,Kitchen Island,Kitchen/Dining Combo,Pantry,Split Bedrooms,Storage,Soaking Tub,Separate Shower,Bar,Walk-In Closet(s) |
|---|---|
| Flooring | Marble,Tile |
| Furnished Y/N | Negotiable |
| Total Stories | 20 |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Window Features | Blinds,Sliding,Storm Window(s) |
| Laundry Features | Washer Hookup,Electric Dryer Hookup,Inside,Laundry Closet,Washer Dryer Install Allowed |
| Total Bedrooms | 2 |
| Entry Level | 18 |
| Main Level Bedrooms | 2 |
| Main Level Bathrooms | 2 |
| Total Baths | 2 |
Exterior Features
| Exterior Amenities | Awning(s),Built-in Barbecue,Balcony,Barbecue,Courtyard,Lighting,Outdoor Kitchen,Outdoor Living Area,Outdoor Shower |
|---|---|
| Parking Features | Assigned,Attached,Covered,Garage,Guest,Valet |
| Lot Features | Corner Lot,Landscaped,Many Trees |
| Water Source | Public |
| Total Parking | 2 |
| Spa | true |
| Building Area Total | 2111 |
| Road Surface Type | Paved |
| Waterfront Y/N | false |
| Covered Spaces | 2 |
| Other Equipment | List Available |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Pets
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Condos Average in 33401
Price
Taxes
Year Built
Copyright Southeast Florida Multiple Listing Service © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited, is a violation of the terms of use, and may violate federal and state law.
Data Last Updated: September 16, 2026 1:35 PM UTC
Palm Beach Board of Realtors MLS® (PBBORMLS) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
