550 Okeechobee Boulevard # 423, West Palm Beach, FL 33401

Description of 550 Okeechobee Boulevard # 423, West Palm Beach, FL 33401

DON'T MISS OUT! This is a RARE opportunity for an EXCEPTIONALLY-VALUED home! This impeccable residence combines scale, style, & an enviable downtown lifestyle showcasing the largest interior floor plan in the building! Designed for modern living & effortless entertaining, this unit covers 1721-SqFt of interior + 342-SqFt of additional wraparound balcony space. This expansive two-bedroom layout PLUS a multi-functional, convertible den space lives like a true single-family home. - Specifically, this apartment comes with TWO separate parking spaces located securely within the building's gated garage - one of which is located just steps down the hallway on the SAME FLOOR, while the other is located just one floor below on the highly sought after 3rd floor, and a nearby elevator takes you right there! The apartment ALSO comes with TWO privately-owned, side-by-side, storage units located just across the hallway on the SAME FLOOR. These are both floor-to-ceiling, walk-in storage cages, each measuring approximately 9' x 8' and 9' x 7', which amounts to a total of approximately 135 SqFt of additional storage room space, all under temperature-controlled air. All of these incredible assets are also immediately sellable, or rentable to other residents in the building for INSTANT INCOME. The apartment itself is meticulously maintained and thoughtfully upgraded, featuring a newer Bosch AC unit, newer porcelain tile flooring in both bedrooms, upgraded designer lighting, all upgraded solid wood designer doors, and custom-built closets throughout. Both bathrooms offer a spa-like retreat that complements the home's bright, contemporary design. Floor-to-ceiling hurricane-impact windows fill the home with natural light, accentuating the open and airy feel. CityPlace South Tower is perhaps the healthiest high-rise condo in Downtown West Palm Beach! Very Healthy Reserves! No Special Assessments & Virtually No 2026 Maintenance Fee Increases! Situated in the heart of booming Downtown West Palm Beach, you're steps from world-class dining, shopping, the Kravis Center for the Performing Arts, the Brightline station, and all the cultural energy the city has to offer. Downtown West Palm Beach is in the midst of a remarkable transformation, quickly becoming one of South Florida's most sought-after destinations for luxury living, investment, and innovation. With billions in new development underway - including Class-A office towers, five-star hotels, acclaimed restaurants like Eataly, Milos, and Harry's of New York, and expanded waterfront spaces - the area is attracting global attention and high-profile residents. West Palm Beach is also rapidly emerging as one of the country's most important financial and academic hubs, highlighted by the planned Vanderbilt University graduate campus downtown and the continued influx of major financial firms establishing headquarters and offices in the area. This unprecedented level of investment is driving the newest evolution of the city and positioning it for strong, long-term growth - making ownership here not only a lifestyle opportunity but a compelling investment as property values continue to rise. There's no question that West Palm Beach has now captured the industry's attention nationwide, and has firmly established itself at the intersection of culture, convenience, and world-class living. CityPlace South Tower offers a full suite of resort-style amenities, including 24-hour concierge, valet parking, a state-of-the-art fitness center, designer club room, summer kitchen pavilion, and a stunning pool and spa deck overlooking the city. Exciting new renovations to the already-exquisite pool deck, clubroom, and conference room are now complete, further elevating this iconic Downtown address! Lobby entrance remodeling is also well underway and scheduled for completion in early 2026, promising an elevated and refreshed arrival experience! Walkable to CityPlace, the Kravis Center, Brightline, Clematis Street, the Norton Museum, waterfront concerts, and Palm Beach's pristine beaches this is the lifestyle you've been waiting for. And with the ability to rent immediately for a minimum of 30 days up to 12 times per year, this residence is as smart an investment as it is a place to call home. Your best life starts here where luxury, location, and lifestyle come together seamlessly.

Property Details for 550 Okeechobee Boulevard # 423, West Palm Beach, FL 33401

Bathrooms Full

2

Bathrooms Half

0

Interior Features

Interior Hall, Closet Cabinetry, Cooking Island, Fire Sprinklers, Split Bedroom, Walk-In Closet(s), Den/Library/Office, Family Room, Utility Room/Laundry

Appliances

Dishwasher, Disposal, Dryer, Free-Standing Freezer, Ice Maker, Microwave, Electric Range, Refrigerator, Washer

Flooring

Ceramic Floor

Heating

Central, Electric

Cooling

Ceiling Fan(s), Central Air, Electric

Garage Spaces

2

Parking Features

2 Or More Spaces, Assigned, Awning, Covered, Guest, No Boats, Parking Garage, No Rv/Boats

Pool Features

Community, Heated

Pool Private

Yes

Year Built Details

Resale

Direction Faces

Southeast

Building Information for 550 Okeechobee Boulevard # 423, West Palm Beach, FL 33401

Building Area Total

2063

Building Area Units

Square Feet

Stories

20

Stories Total

20

Entry Level

4

Association

Yes

Association Fee

$1,821

Association Fee Frequency

Monthly

Association Amenities

Bike Storage, Barbecue, Business Center, Gated, Community Room, Community Pool, Elevator(s), Exercise Room, Library, Management On Site, Pool, Private Pool, Sauna, Security Patrol, Spa/Hot Tub, Trash Chute

Pets Allowed

Yes

Security Features

Smoke Alarm, Smoke Detector(s), Fire Sprinkler System, Fire Sprinklers, Owned Burglar Alarm, Security System, Smoke Detector, Key Card Entry, Doorman, Card Entry, Lobby Secured, Lobby Attended, Burglar Alarm, Key/Card Entry Parking, Security Patrol, TV Camera, TV Monitor, Unit Alarm

Property Information for 550 Okeechobee Boulevard # 423, West Palm Beach, FL 33401

Lot Features

3 To Less Than 4 Acre Lot, Corner Lot, Sidewalk

Waterfront

No

View

No

Construction Materials

Concrete Block Construction, Stucco

Roof

Tile, Concrete, Curved/S-Tile Roof, Tile Roof

Exterior Features

Balcony, Built-In Grill, Outdoor Shower

Sewer

At Site, Public Sewer, Other, Public Sanitation, Sewer

Water Source

Public

New Construction

No

Public Records for 550 Okeechobee Boulevard # 423, West Palm Beach, FL 33401

Parcel Number

74434328340000423

Tax Annual Amount

$5,681

Tax Year

2025

Tax Legal Description

CITYPLACE SOUTH TOWER CONDO UNIT 423

Zoning

CPD(ci

County Or Parish

Palm Beach County

Schools Near 550 Okeechobee Boulevard # 423, West Palm Beach, FL 33401

Elementary School

Palm Beach Public

High School

Forest Hill Community

School assignments are provided by the listing and should be independently verified.

Location