Building Information
City Place South Tower
| Number of units: | 421 |
|---|---|
| Active listings for rent: | 30 |
| Active listings for sale: | 29 |
| Building inventory for sale: | 6% |
| 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 |
| Avg. time to close over last 12 months: | 76 days |
Address
550 Okeechobee Blvd, West Palm Beach, Palm Beach, FL, 33401
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
City Place South Tower: $612/sq. ft.
West Palm Beach: $528/sq. ft.
West Palm Beach $528/sq. ft.
Palm Beach $453/sq. ft.
Inventory for sale
| West Palm Beach: | 3% |
|---|---|
| Palm Beach: | 3% |
Avg. time to close over last 12 months
| City Place South Tower | 76 days |
|---|---|
| West Palm Beach: | 51 days |
| Palm Beach: | 56 days |