Property Listing
550 Okeechobee Boulevard 1221, West Palm Beach, FL 33401
$550,000
Beds
1
Baths
1
Square Feet
790
Price/SF
$696
Year Built
2008
Property Overview
CityPlace South Tower is the healthiest highrise 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! This completely reimagined one-bedroom residence offers high-end finishes, exceptional light, and one of the largest balconies you'll find in a 1-bedroom downtown. Updated from top to bottom, the home features wide-plank, wood-look tile flooring throughout and recessed lighting that makes the entire space feel light, bright, and airy. The kitchen is a showstopper, with quartz waterfall countertops, sleek custom cabinetry, upgraded appliances, and a modern backsplash, perfect for both everyday living and entertaining. The bathroom has been transformed into a spa-like retreat with floating vanity cabinetry, gorgeous tilework, and a walk-in shower in place of the original tub. The spacious bedroom is complemented by a custom-built walk-in closet with tailored shelving and storage. One of the unit's standout features is the oversized private balcony, nearly twice the size of most one-bedrooms in the building and beautifully tiled - creating the perfect setting for outdoor dining or relaxing with sunset views. 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 & Details
Location
Explore the property location and surrounding neighborhood context within West Palm Beach.
Mortgage Calculator
Estimate monthly payments and basic cash flow for 550 Okeechobee Boulevard 1221, West Palm Beach, FL 33401.
Estimated Monthly Payment
$4,748
Mortgage, taxes, insurance, and HOA estimate.
Cash Flow Analysis
Mortgage Payment
$2,854
Total Monthly Payment
$4,748
Cash Flow
-$4,748
Disclaimer: This calculator provides estimates for informational purposes only. Actual payments may vary based on lender terms, taxes, insurance, HOA fees, and other costs.
Listing Information
MLS ID: R11137310
Listing Office: Compass Florida LLC
Listing Agent: Alyse Keller
Source: BeachesMLS
Last Updated: Pending live MLS feed
Listing information is provided for consumer informational purposes only. Data will be updated with required MLS attribution, broker attribution, source disclosure, and accuracy disclaimers once the live IDX/MLS feed is connected.
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