Listing Information

MLS Number: RX-10805215
Status: Active
Unit Number: 516
Building Name: CITYPLACE SOUTH TOWER CONDO
Building Address: 550 Okeechobee Boulevard, West Palm Beach, Palm Beach, FL 33401
Unit Size: 755 sq ft
Bedrooms: 1
Full Bathrooms: 1
Half Bathrooms: 0
Parking: Assigned
View: City
List Price: $475,000 ($629 PPSF)
Valuated Price: $387,000 ($513 PPSF)
MLS Photo 1MLS Photo 2MLS Photo 3MLS Photo 4

Floor Plan

Floor Plan

Building Information

City Place South Tower

Number of units: 421
Building inventory for rent: 20 (5%)
Building inventory for sale: 28 (7%)
Number of sales over the last 12 months: 24
Number of sales over the last 6 months: 9
Number of sales over the last 3 months: 5

Recent Sales

Unit # Size Closing Date Sale Price PPSF
1603 1,120 sq ft Apr 2024 $699,000 $624
1711 1,694 sq ft Feb 2024 $975,000 $576
Mph-17 1,335 sq ft Feb 2024 $899,000 $673
Mph-14 870 sq ft Feb 2024 $490,000 $563
Mph-01 2,111 sq ft Jan 2024 $1,925,000 $912
1007 1,335 sq ft Jan 2024 $757,000 $567
1115 1,205 sq ft Jan 2024 $760,000 $631

Market Information

Building vs City

City Place South Tower: $612/sq. ft.
West Palm Beach: $528/sq. ft.

City vs County

West Palm Beach: $528/sq. ft.
Palm Beach: $454/sq. ft.

City Place South Tower inventory for sale: 6%
West Palm Beach inventory for sale: 3%
Palm Beach inventory for sale: 3%

Avg. time to close over last 12 months

City Place South Tower: 76 days
West Palm Beach: 51 days
Palm Beach: 55 days

Building Photo

Aerial photo
Built in 2008 - 421 units - 20 floors

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Listing RX-10805215 data provided by BeachesMLS.