550 Okeechobee Boulevard Lph-23 West Palm Beach FL 33401 MLS #B26043812

550 Okeechobee Boulevard Lph-23
West Palm Beach, FL, 33401
$2,100,000
2 Beds
2 Baths
1,709 SqFt
0 Acres
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MLS #B26043812 image #0
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 lower 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.” Two highly desirable garage parking spaces and a large private storage unit further elevate the value and rarity of this exceptional offering. 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 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.
Listing Provided Courtesy of Compass Florida LLC at 561-270-5384

Property Details

Price:
$2,100,000
MLS #:
B26043812
Status:
Active
Beds:
2
Baths:
2
Type:
Condo
Subtype:
Condominium
Subdivision:
CITYPLACE SOUTH TOWER CONDO
Neighborhood:
5430
Listed Date:
Jun 22, 2026
Finished Sq Ft:
1,709
Total Sq Ft:
2,111
Year Built:
2008
Community GatedCityplace South Tower CondoPalm Beach PublicConniston CommunityForest HillOceanPets Allowed

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Schools

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

Interior

Appliances
Dishwasher, Disposal, Dryer, Electric Range, Free-Standing Freezer, Ice Maker, Microwave, Refrigerator, Washer
Bathrooms
2 Full Bathrooms
Cooling
Ceiling Fan(s), Central Air, Electric
Flooring
Marble, Tile
Heating
Central, Electric
Interior Features
Bar, Bedroom Layout – Split, Built-in Features, Entrance Foyer, High Ceilings, Kitchen Island, Pantry, Storage, Walk-In Closet(s)
Laundry Features
Electric Dryer Hookup, Inside, Laundry Closet, Washer Hookup
Levels
One
Main Level Bathrooms
2
Main Level Bedrooms
2

Exterior

Architectural Style
Contemporary, Mediterranean
Association Amenities
Security, Gated, Pool, Bike Storage, Billiard Room, Business Center, Cabana, Clubhouse, Community Room, Elevator(s), Fitness Center, Heated Pool, Hot Water, Internet Included, Library, Lobby, Management, Manager On Site, Parking, Picnic Area, Sauna, Sidewalks, Spa/Hot Tub, Storage, Trash Chute
Attached Garage YN
1
Construction Materials
Concrete, Metal Frame, Stucco
Covered Spaces
2
Direction Faces
East
Exterior Features
Balcony, Awning(s), Built-in Barbecue, Courtyard, Lighting, Outdoor Shower, Pool Bathroom, Summer Kitchen
Garage Spaces
2
Lot Features
Corner Lot, Landscaped, Many Trees, Sidewalks
Other Structures
Cabana, Pergola
Parking Features
Assigned, Attached Garage, Covered, Garage, Guest, Valet
Parking Spots
2
Parking Total
2
Patio And Porch Features
Terrace
Roof
Concrete, Tile
Security Features
Closed Circuit Camera(s), Fire Sprinkler System, Gated – No Guard, Key Card Entry, Lobby – Attended, Security Patrol, Security System, Security System Owned, Smoke Detector(s)
Spa Features
Heated, In Ground
Stories
1
View
Ocean, Intracoastal, City, Garden, Pool, Water
Waterfront Features
None
Window Features
Blinds, Sliding, Storm Window(s)

Financial

HOA Fee
$1,830
HOA Fee Frequency
Monthly
HOA Includes
Pool Service, Cable TV, Common Areas, Common Real Estate Tax, Elevator, Hot Water, Insurance, Internet, Maintenance Grounds, Maintenance Structure, Reserve Funds, Security, Sewer, Trash, Water
Tax Year
2025
Taxes
$9,763

Map

Community

Subdivisions in West Palm Beach

Market Summary

Current real estate data for Condo in West Palm Beach as of Jun 22, 2026
990
Condo Listed
133
Avg DOM
555
Avg $ / SqFt
$1,500,510
Avg List Price

Property Summary

    Located in the CITYPLACE SOUTH TOWER CONDO subdivision, 550 Okeechobee Boulevard Lph-23 West Palm Beach FL is a Condo for sale in West Palm Beach, FL, 33401. It is listed for $2,100,000 and features 2 beds, 2 baths, and has approximately 1,709 square feet of living space, and was originally constructed in 2008. The current price per square foot is $1,229. The average price per square foot for Condo listings in West Palm Beach is $555. The average listing price for Condo in West Palm Beach is $1,500,510. To schedule a showing of MLS#b26043812 at 550 Okeechobee Boulevard Lph-23 in West Palm Beach, FL, contact your Acquire Palm Beach LLC agent at 561-279-3333.

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550 Okeechobee Boulevard Lph-23
West Palm Beach, FL