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550 Okeechobee Boulevard Lph23West Palm Beach, FL 33401

For Sale

$2,100,000

Smart Buyer Rebate $21,000

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.

Listed by Justin Charles Keller PA

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License #3392436

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Compass Florida LLC

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6318728689

Listed by Alyse Keller

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License #3433254

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Compass Florida LLC

Last updated July 23, 2026

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Source: BeachesMLS #B26043812

Listing Facts

  • TypeCondo
  • NeighborhoodDowntown West Palm Beach
  • Bedrooms2
  • Bathrooms2
  • Days on Prevu40
  • HOA/Maint. Fees$1,829.81/month
  • Taxes$9,763/year
  • Size1,709 sqft
  • Price per sqft$1,229

Amenities

  • Dishwasher
  • Private Outdoor Space
  • Washer/Dryer
  • Pets Allowed
  • Air Conditioning
  • Parking
  • Storage
  • Swimming Pool
  • Fitness Center

Location

Mortgage Calculator

Listing History

06/22/2026
Listed by Compass Florida LLC
$2,100,000

Property Details for 550 Okeechobee Boulevard Lph23

Association

Amenities

  • Association Amenities: Pool, Billiard Room, Cabana, Clubhouse, Fitness Center, Gated, Hot Water, Management, Picnic Area, Parking, Sauna, Spa/Hot Tub, Security, Storage, Trash, Elevator(s)
  • Community Features: Gated, Sidewalks
  • Pets Allowed: Breed Restrictions, Yes

Fees

  • Association Fee: $1,829.81 Monthly
  • Association Fee Includes: Cable TV, Insurance, Maintenance Grounds, Maintenance Structure, Sewer, Security, Trash, Water, Internet

Exterior

Construction

  • Roof: Concrete, Tile
  • Stories: 1
  • Stories Total: 20
  • Structure Type: Multi Family
  • Window Features: Blinds, Storm Window(s)
  • Year Built: 2008
  • Architectural Style: Contemporary, Mediterranean
  • Construction Materials: Concrete, Stucco, Frame
  • Entry Level: 18
  • Exterior Features: Balcony, Awning(s), Built-in Barbecue, Barbecue, Courtyard, Lighting, Outdoor Kitchen, Outdoor Shower

Features

  • Direction Faces: East
  • Other Structures: Cabana, Pergola, Outdoor Kitchen, Storage
  • Patio And Porch Features: Covered, Terrace, Wrap Around
  • Pool Features: Association, Heated
  • View: Water, City, Garden, Ocean, Pool

Measurements

  • Building Area Total: 2,111
  • Lot Features: Corner Lot, Landscaped, Many Trees

Financial

Taxes

  • Parcel Number: 74434328340002123
  • Tax Annual Amount: $9,763.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Dryer, Dishwasher, Free-Standing Freezer, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Flooring: Marble, Tile
  • Interior Features: Built-in Features, Entrance Foyer, High Ceilings, Kitchen Island, Pantry, Storage, Soaking Tub, Bar, Walk-In Closet(s)
  • Spa Features: Heated, In Ground
  • Spa: Yes

Measurements

  • Living Area: 1,709
  • Living Area Source: Plans

Rooms

  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 2
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2

Other

Features

  • Accessibility Features: Therapeutic Whirlpool

Location

  • Subdivision Name: CITYPLACE SOUTH TOWER CONDO

Parking

Parking

  • Attached Garage: Yes
  • Covered Spaces: 2
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Features: Assigned, Attached, Covered, Garage, Guest, Valet
  • Parking Total: 2

Schools

Elementary School

  • Elementary School: Palm Beach Public

High School

  • High School: Forest Hill

Middle or Junior School

  • Middle Or Junior School: Conniston Community

Utilities

Equipment

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Has Cooling: Yes
  • Heating: Central, Electric
  • Has Heating: Yes
  • Laundry Features: Washer Hookup, Electric Dryer Hookup, Inside, Laundry Closet
  • Other Equipment: List Available
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this condo have?

There are 2 bedrooms and 2 bathrooms in this condo at 550 Okeechobee Boulevard Lph23.

What schools are nearby to 550 Okeechobee Boulevard Lph23?

Nearby schools include the Palm Beach Public Elementary School, Conniston Community Middle School, and Forest Hill High School.

Does this condo have parking?

Yes, there are 2 parking spaces available for 550 Okeechobee Boulevard Lph23.

Are pets allowed at 550 Okeechobee Boulevard?

Yes, 550 Okeechobee Boulevard allows pets. Check the Property Details for any relevant restrictions.

What are the annual taxes for 550 Okeechobee Boulevard Lph23?

Annual taxes for this condo are estimated at $9,763.

How does 550 Okeechobee Boulevard Lph23 compare to other condos in Downtown West Palm Beach?

This condo is listed 17% above the average price for condos in Downtown West Palm Beach and has been on the market for 101 less days than the typical home in this area.

What is the square footage on this condo?

According to the MLS, this listing is 1,709 sqft.

550 Okeechobee Boulevard Lph23 is a 2-bedroom, 2-bath condo for sale in West Palm Beach FL 33401. Listed on Prevu for 40 days at $2,100,000. This property features 1,709 square feet of living space, located in Downtown West Palm Beach. The median listing price for condos in this area is $725,000. Nearby schools include Palm Beach Public Elementary School, Conniston Community Middle School, and Forest Hill High School. Additional amenities include private outdoor space, dishwasher, pets allowed, air conditioning, storage, fitness center, parking, swimming pool, and washer/dryer. Explore more condo listings in West Palm Beach.

Based on information from Beaches MLS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.