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Aerial photo
Built in 2008 - 421 units - 20 floors

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Building Information

City Place South Tower

Number of units: 421
Active listings for rent: 19
Active listings for sale: 26
Building inventory for sale: 6%
Number of sales over the last 12 months: 55
Number of sales over the last 6 months: 35
Number of sales over the last 3 months: 17
Avg. time to close over last 12 months: 73 days

Address

550 Okeechobee Blvd, West Palm Beach, Palm Beach, FL, 33401

Link: https://

Recent Sales

Unit # Size Closing Date Sale Price PPSF
Lph-07 1,120 sq ft Feb 2026 $900,000 $804
Lph-07 1,120 sq ft Feb 2026 $900,000 $804
622 1,709 sq ft Feb 2026 $1,150,000 $673
622 1,709 sq ft Feb 2026 $1,150,000 $673
Lph-12 755 sq ft Feb 2026 $495,000 $656
Lph-12 755 sq ft Feb 2026 $495,000 $656

Market Information

Building vs Area

City Place South Tower: $715/sq. ft.
West Palm Beach: $544/sq. ft.

Area vs City

West Palm Beach $544/sq. ft.
Palm Beach $456/sq. ft.

Inventory for sale

West Palm Beach: 6%
Palm Beach: 6%

Avg. time to close over last 12 months

City Place South Tower 73 days
West Palm Beach: 70 days
Palm Beach: 78 days