550 Okeechobee Boulevard Lph-23, West Palm Beach, FL 33401

Sold $1,975,000 · Oct 30, 2026

Last asking price $2,100,000 · 94% of asking · 51 days on market

Similar Homes for Sale Nearby

  • 2 beds
  • 2 baths
  • 1,709 sq ft
  • Condominium
  • Built 2008
  • HOA $1,829.81/mo
  • 2,111 sq ft total
  • 2 garage spaces
  • Palm Beach County
  • MLS# B26043812
  • Cityplace South Tower Condo
CityPlace South Tower #LPH-23 at 550 Okeechobee Boulevard Lph-23, West Palm Beach550 Okeechobee Boulevard Lph-23, West Palm Beach, FL – photo 2550 Okeechobee Boulevard Lph-23, West Palm Beach, FL – photo 3550 Okeechobee Boulevard Lph-23, West Palm Beach, FL – photo 4550 Okeechobee Boulevard Lph-23, West Palm Beach, FL – photo 5550 Okeechobee Boulevard Lph-23, West Palm Beach, FL – photo 6550 Okeechobee Boulevard Lph-23, West Palm Beach, FL – photo 7550 Okeechobee Boulevard Lph-23, West Palm Beach, FL – photo 8

About this home

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.

Features

Schools

  • Elementary: Palm Beach Public
  • Middle: Conniston Community
  • High: Forest Hill

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Compass Florida LLC · mlsfl@compass.com · Listing agent: Justin Charles Keller PA

BeachesMLS logo All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.

What is your home worth?

550 Okeechobee Boulevard Lph-23 sold on Oct 30, 2026. If you own nearby, get a free home valuation or see homes for sale in West Palm Beach. Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com.

Questions About 550 Okeechobee Boulevard Lph-23

What did 550 Okeechobee Boulevard Lph-23 sell for?
550 Okeechobee Boulevard Lph-23 sold for $1,975,000 on Oct 30, 2026, about 94% of its last asking price of $2,100,000 and about $1,156 per square foot. Recent sales like this one are what buyers and sellers nearby price against.
What are the association fees at 550 Okeechobee Boulevard Lph-23?
The listing reported an association fee of $1,830 per month at the time of the sale. Fees and special assessments change; check the association's current budget before you compare it with another home.
What are the property taxes on 550 Okeechobee Boulevard Lph-23?
The listing reported annual property taxes of $9,763 for 2025. Taxes are reassessed at the sale price after a purchase, so the new owner's bill will differ from that figure.
When was 550 Okeechobee Boulevard Lph-23 built?
550 Okeechobee Boulevard Lph-23 was built in 2008 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long was 550 Okeechobee Boulevard Lph-23 on the market?
550 Okeechobee Boulevard Lph-23 was on the market for 51 days before it sold.
Which schools serve 550 Okeechobee Boulevard Lph-23?
The MLS lists Palm Beach Public (elementary), Conniston Community (middle), Forest Hill (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.
Is 550 Okeechobee Boulevard Lph-23 still for sale?
No. 550 Okeechobee Boulevard Lph-23 sold on Oct 30, 2026. BreakThru Realty can show you similar homes for sale nearby, or tell you what a home like yours would sell for today; call or text and a licensed agent will follow up.

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A comparable condo, 529 S Flagler Drive Th5f, West Palm Beach, FL 33401, sold for $1,400,000 in July 2026. Other West Palm Beach neighborhoods include RiverWalk and Ironhorse. Nearby ZIP codes include 33405 and 33406. This property also neighbors Palm Beach, Cloud Lake, and Lake Clarke Shores. Compare it with the West Palm Beach housing market report.