SoldMar 24, 2026

Listed by Justin Keller and Alyse Keller from Compass Florida LLC (PB)

Bought with Burt Minkoff from DOUGLAS ELLIMAN

Source: Greater Fort Lauderdale Realtors #R11131518

423/550 Okeechobee Blvd, West Palm Beach, FL, 33401

$850,000

2
2
2
2063 sq. ft.

Condo

30+ days on the market

Sold: Mar 24, 2026

What's around 423/550 Okeechobee Blvd

About this property

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.

Looking for more information on 423/550 Okeechobee Blvd?

Explore comparables, sales history and growth for this property.
Learn more

Contact

Similar properties sold nearby

SoldJun 11, 2026
$1,305,000
1718/701 S Olive Ave
West Palm Beach FL 33401
2
3
1
Condo
Listing courtesy of DOUGLAS ELLIMAN and Equestrian Sotheby's International Realty
SoldJun 10, 2026
$1,050,000
707/801 S Olive Ave
West Palm Beach FL 33401
2
2
2
Condo
Listing courtesy of Luxe Life Realty LLC
SoldJun 8, 2026
$1,075,000
702/801 S Olive Ave
West Palm Beach FL 33401
2
2
1
Condo
Listing courtesy of DOUGLAS ELLIMAN and Waterfront Properties & Club C

Other properties sold by Compass Florida LLC (PB)

SoldJun 11, 2026
$5,700,000
244 Cortez Road
West Palm Beach FL 33405
6
6
3
Single-Family
Listing courtesy of Brown Harris Stevens of PB and Compass Florida LLC (PB)
SoldJun 8, 2026
$1,825,000
11548 Villa Vasari Dr
Palm Beach Gardens FL 33418
2
2
2
Single-Family
Listing courtesy of Mirasol Realty and Compass Florida LLC (PB)
SoldJun 5, 2026
$593,000
4919 Coquina Place
The Acreage FL 33470
4
3
2
Single-Family
Listing courtesy of Compass Florida LLC (PB) and Miranda & CO Realty LLC

Browse properties sold in nearby areas

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under MLS GRID IDX Rules Updated September 16, 2024 7 U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to: dmca@ratemyagent.com

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

© 2026 RateMyAgent