Back 623/550 Okeechobee Boulevard
Off Market

623/550 Okeechobee Boulevard

West Palm Beach FL 33401

2
2
2
2063 sq. ft.
Condo
Last sold for $875,000
Alyse KellerAlyse Keller, last sold this property on 22 May 2026 after 182 days on market.

Overview

CityPlace South Tower is the healthiest high-rise condo in Downtown West Palm Beach! No Projected Special Assessments & Virtually No Maintenance Fee Increases in 2026! Association is Compliant with statutory SIRS Requirements and has Very Healthy Reserves! In a market where space is hard to come by, this residence delivers one of the most comfortable and generous layouts you'll find downtown at this price point. The oversized living room and open floorplan offer far more room than what you typically see in comparable homes, making day-to-day living both relaxed & functional. With 1,721 square feet of interior space and an additional 342-square-foot balcony, this two-bedroom plus den lives more like a single-family home than a condo. The home is also fully ADA compliant, offering enhanced accessibility and ease of movement throughout. The expansive great room flows seamlessly into the dining area and out onto the terrace, with floor-to-ceiling hurricane-impact windows filling the space with natural light. Custom-built closets throughout add thoughtful convenience and help keep the home organized. Both bathrooms offer a calm, spa-inspired feel that complements the home's bright, contemporary design. The den provides valuable flexibility, ideal for an office, media room, or guest space. Set in the heart of Downtown West Palm Beach, you're surrounded by the best of what the city has to offer. The neighborhood is experiencing remarkable growth, with billions in new developments including luxury hotels, Class-A office towers, enhanced waterfront spaces, and world-renowned dining such as Eataly, Milos, and Harry's of New York. Downtown is quickly becoming one of South Florida's most sought-after urban destinations for both residents and investors. CityPlace South Tower provides a full suite of resort-style amenities: 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! From this location, you can walk to CityPlace, Brightline, the Kravis Center, Clematis Street, the Norton Museum, the waterfront, and even Palm Beach Island. With immediate rental availability (30-day minimum, up to 12 times per year), this residence also presents excellent investment flexibility. A rare combination of space, accessibility, and location, offering an effortlessly livable downtown lifestyle.

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 623/550 Okeechobee Boulevard is $550k.

Median value
$550k
Estimated value range
$2.4k - $5.35m
Median days on market
78
Estimated value trend
9%
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 623/550 Okeechobee Boulevard

2026
Sold
$875,000
22 May 2026 by Alyse Keller, of Compass Florida LLC (PB)

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, 207 two-bedroom condos similar to 623/550 Okeechobee Boulevard, have been sold.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in West Palm Beach

or
Skip the list and find your ideal agent to sell your propertyFind My Agent
© 2026 RateMyAgent