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550 Okeechobee Blvd #04 #UPH-04
West Palm Beach, FL 33401
Listing courtesy of Illustrated Properties. Contact: 561-582-5338.
***Call to discuss a Seller-paid interest rate buydown available with a qualified offer.*** Perched atop the epicenter of downtown West Palm Beach, across the street from Rosemary Square, this upper penthouse 2/2 at CityPlace South Tower offers modern metropolitan luxury lifestyle. Spectacular cityscape & ocean views draw your attention upon entrance, magnified by 10-foot, floor-to-ceiling impact sliders in the living room & primary bedroom & a floor-to-ceiling impact window in the 2nd bedroom. Recent updates include a completely remodeled kitchen with designer cabinetry, a wine refrigerator, brilliant quartz countertops illuminated by track lighting & a 2024 Bosch HVAC system. Brand-new custom solar shades conveniently & dramatically unveil the striking views. This is a truly split floor plan. Each bedroom has a walk-in closet with built-ins. Freshly painted, featuring new Ferguson fixtures, this unit is turnkey. Exclusive to the penthouse levels are the extra-high ceilings, the private lounges by the elevator & the security fob needed for elevator access to the top floor. This unit comes with 1 assigned parking spot (additional available) & a large 8'0" x 4'4" storage locker. CityPlace South Tower features a resort-style infinity pool on the 9th floor Upper Pool Deck, which has been recently refreshed with fresh greenery, night lighting, a newly stained pergola & a new heater for the huge hot tub. The Summer Kitchen also has grills available for resident use. The Lobby has been refreshed with new furniture, plant life & modern style. The Club Room is a versatile space displaying new countertops & lighting fixtures, a new media area, a new reading nook (ask about the Book Club) & comfortable furniture. There is a fully equipped fitness center with a massage room & the bathrooms each have large saunas & steam rooms. The building offers 24-hour security & front desk attendant & on-site management. Pull up to the porte-cochere & valet park your car or securely enter the gated garage & self-park. The location is extraordinary. The intersection of OKEECHOBEE BLVD & ROSEMARY AVE sees bustling foot traffic for residents walking to & from CityPlace. Among the locales with great proximity are the Kravis Center for Performing Arts, the Palm Beach Convention Center, Ruth's Chris Steakhouse, The Cheesecake Factory, Restoration Hardware (with rooftop restaurant), Pura Vida & Sloan's Ice Cream. Enjoy live music & yoga classes every weekend on the Lawn at CityPlace. Check out the GreenMarket on Saturday mornings. Also nearby is all of the action on CLEMATIS ST & at Grandview Public Market. Notable annual events include SunFest & the Palm Beach International Boat Show. Hop over the bridge to Palm Beach Island & enjoy the ocean beaches. Residents receive discounted rates at both Canopy & the Hilton, which also regularly hosts yoga classes & other events. Ride the Brightline south to Miami or north to Orlando. Enjoy the convenience of the Tri-Rail as well. Palm Beach International Airport is also very close. Calling this residence home is like being issued the key to downtown West Palm Beach.
- Principal and interest
- $5,057
- Property tax
- $1,398
- Homeowners insurance
- $625
- HOA
- $1,280
An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.
Estimate: the price times the Palm Beach County average total millage (17.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.
The full yearly cost of owning this home: property tax levy by levy from the published millage of the parcel’s taxing district (a mailing city is not always inside its city limits), the Save Our Homes cap, HOA and the insurance quotes to get.
Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.
Cityplace South Tower Condo was built in 2008, according to the county property appraiser.
If it has three or more habitable stories, Florida law (s. 553.899, F.S.) requires a milestone structural inspection by December 31 of the year it reaches 30 years of age, then every 10 years; for a building of this age the first one is due by December 31, 2038. A local building official may require it at 25 years near salt water.
Condominium buildings of three or more stories also need a structural integrity reserve study (s. 718.112(2)(g), F.S.) at least every 10 years; associations formed on or before July 1, 2022 had to complete one by December 31, 2025.
Dates follow from the statutes and the year the county appraiser lists for the building, not from the association's records. Ask the association for its milestone inspection report, its most recent structural integrity reserve study and any approved or proposed special assessments, and review them before you buy.
Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty Services. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.