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$2,100,000

For Sale

4 days ago

Lph-23 - 550 Okeechobee Blvd, West Palm Beach, FL

Condo

MLS® B26043812

2 Bed

2 Bath

1709 sqft

2 Parking

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Condominium
Levels Residential
Size 1709 sqft
Garage Yes
HOA Fees $1,830
Taxes $9,763
Days Active 3
Approx. Age 2008
Avg. Price Per Sqft $1,228
MLS® Number B26043812

Property Address: lph-23-550 Okeechobee Blvd, West Palm Beach, FL, 33401-6317

Average square foot calculated using Size range provided by listing agent.

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
MLS® NumberB26043812
Locker
Ensuite LaundryYes
Balcony
Furnished
Laundry LevelEnsuite
Exposure
Exterior
GarageYes
Approx. Age2008
Stories20
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatCentral, Electric
A/CCentral Air, Ceiling Fans, Electric

Extras

Rooms

Bedroom 2:Main Floor11.8 × 12.8 ft
Bedroom 1:Main Floor19 × 15 ft
Kitchen:Main Floor12.4 × 22 ft
Living Room:Main Floor12.1 × 20.9 ft
Dining Room:Main Floor11.7 × 12.5 ft

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 22, 2026List Date
$2,100,000List Price

Home Appraisal

This property is estimated to sell between: $1,200,000 and $2,550,000.
Similar properties in this area sold on average for: $1,200,000
Expected to sell in 110 days. Similar properties sold in 113 days. This home has been on eXp Realty for 3 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
550 Okeechobee Blvd, West Palm Beach, FL

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