550 Okeechobee BLVD #Lph-23, West Palm Beach, FL 33401
Listed by Justin Charles Keller PA • Compass Florida LLC
$2,100,000
Est. payment /mo
2 Beds
2 Baths
1,709 SqFt
Active Under Contract

550 Okeechobee BLVD #Lph-23 West Palm Beach, FL 33401

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Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 1,709 sqft

Price per Sqft $1,228

Subdivision Cityplace South Tower Condo

MLS Listing ID B26043812

Style Contemporary, Mediterranean

Bedrooms 2

Full Baths 2

Construction Status Resale

HOA Fees $1,830

Year Built 2008

Annual Tax Amount $9,763

Tax Year 2025

Property Sub-Type Condominium

Sub Type Condominium

Property 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." 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.

Location

State FL

County Palm Beach

Community Business Center, Billiard Room, Bicycle Storage, Clubhouse, Elevator, Fitness Center, Gated, Library, Park, Property Manager On- Site, Pool, Sauna, Trash Chute, Sidewalks

Area 5430 West Palm Beach - E  Of 95

Direction Take Exit 70 off I-95. Head East on Okeechobee Blvd. Go past the Convention Center and Hilton Hotel on the Right, and make the very next Right on Rosemary Ave, and then your very First Left - and head straight across and under the arched entranceway.

Interior

Interior Features Built-in Features, Breakfast Area, Bathtub, Separate/ Formal Dining Room, Dual Sinks, Family/ Dining Room, Jetted Tub, Kitchen Island, Kitchen/ Dining Combo, Living/ Dining Room, Pantry, Split Bedrooms, Separate Shower, Bar, Walk- In Closet(s)

Heating Central, Electric

Cooling Central Air, Ceiling Fan(s), Electric

Flooring Marble, Tile

Fireplace No

Window Features Blinds,Sliding,Impact Glass

Appliance Dryer, Dishwasher, Disposal, Ice Maker, Microwave, Refrigerator, Washer Dryer Allowed, Washer

Interior Features Built-in Features, Breakfast Area, Bathtub, Separate/ Formal Dining Room, Dual Sinks, Family/ Dining Room, Jetted Tub, Kitchen Island, Kitchen/ Dining Combo, Living/ Dining Room, Pantry, Split Bedrooms, Separate Shower, Bar, Walk- In Closet(s)

Exterior

Exterior Feature Awning(s), Balcony, Outdoor Grill, Outdoor Kitchen, Outdoor Shower

Parking Features Assigned, Attached, Covered, Garage, Guest, Valet

Pool Community

Community Features Business Center, Billiard Room, Bicycle Storage, Clubhouse, Elevator, Fitness Center, Gated, Library, Park, Property Manager On- Site, Pool, Sauna, Trash Chute, Sidewalks

Utilities Available Electricity Available

View Y/N Yes

View City, Garden, Intercoastal, Ocean, Pool

Roof Type Concrete, Tile

Street Surface Paved

Porch Balcony, Covered, Wrap Around

Total Parking Spaces 2

Private Pool No

Roof Concrete, Tile

Construction Reception Area

Building

Lot Description Corner Lot

Faces East

Story 1

Architectural Style Contemporary, Mediterranean

Additional Building Cabana

Construction Status Resale

Schools

Elementary Schools Palm Beach Public

Middle Schools Conniston

High Schools Forest Hill Community

Others

Pets Allowed Yes

Senior Community No

Tax ID 74434328340001923

Security Features Security System Owned,Closed Circuit Camera(s),Gated Community,Key Card Entry,Lobby Secured,Security Guard,Smoke Detector(s)

Acceptable Financing Cash, Conventional, VA Loan

Listing Terms Cash, Conventional, VA Loan

Financing Cash

Special Listing Condition Listed As- Is

Pets Allowed Yes

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Martin County REALTORS® of the Treasure Coast (MCRTC MLS)

NEARBY SCHOOL & BUSINESS

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Dylan Snyder

Dylan Snyder

Agent SLSL698137

+1(561) 951-9301

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550 Okeechobee BLVD #Lph-23