Back 423/550 Okeechobee Blvd
Off Market

423/550 Okeechobee Blvd

West Palm Beach FL 33401

2
2
2
2063 sq. ft.
Condo
Last sold for $850,000
Justin KellerJustin Keller, last sold this property on 24 March 2026 after 163 days on market.

Overview

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

2 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
2063 sq. ft. floor area
Condo

Estimated Value

Based on this property and similar 2 bedroom condos sold in West Palm Beach over the last 12 months, the estimated median property value of 423/550 Okeechobee Blvd is $547.5k.

Median value
$547.5k
Estimated value range
$2.4k - $5.35m
Median days on market
78
Estimated value trend
8%
increase over the last 12 months
Average days on market is based on recent, comparable sales in West Palm Beach. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 423/550 Okeechobee Blvd

2026
Sold
$850,000
24 Mar 2026 by Justin Keller, of Compass Florida LLC (PB)
2016
Sold
$422,500
14 Jul 2016 by Beverly Clark, of Modern Living Real Estate Llc

Happy sellers in West Palm Beach

79%
79% of sellers in West Palm Beach reported that their sale price either exceeded or met their price expectations.

West Palm Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 12 reviews in West Palm Beach over the last 12 months.

Local market activity for 2 bedroom condos in West Palm Beach

In the last 12 months, 206 two-bedroom condos similar to 423/550 Okeechobee Blvd, have been sold.

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