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25 photos

+20

550 Okeechobee Boulevard Uph-04

West Palm Beach, FL, 33401

Active Under Contract

$1,000,000

550 Okeechobee Boulevard Uph-04

West Palm Beach, FL, 33401

Active Under Contract

$1,000,000

Bedrooms

Bathrooms

1,120 sqft

Living Area

2008

Year Built

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Estimate your monthly payment for this waterfront property

Loan Term

Down Payment

20%

$200,000 down

Interest Rate

Principal & Interest$5,189/mo

Property Tax (est. ~1.2%, varies by county)$1,000/mo

Home Insurance (est.)$250/mo

HOA Fees$1,280/mo

Total Monthly Payment$7,719

Loan Amount: $800,000Rate: 6.75%

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Comparable Sales

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Description

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. 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.