Interior
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,120 sq ft
- Flooring
- Tile
- Appliances
- Other
- Cooling
- Ceiling Fans
- Heating
- Central
- Interior features
- Bedroom On Main Level, Main Level Primary, Bar
Active · Condominium
$800,000
550 Okeechobee Boulevard 308, West Palm Beach, FL 33401
- Beds
- 2
- Baths
- 2
- Living area
- 1,120 sq ft
- $ / sq ft
- $714/sq ft
- Year built
- 2008
- Lot size
- —
- HOA fee
- $1,260 Monthly
- Annual tax
- $11,766
About this property
Experience the ultimate downtown lifestyle in this rarely available 2-bedroom, 2-bathroom residence at the CityPlace South Tower Building, Offering a blend of luxury and convenience, where you can enjoy an upscale, luxurious lifestyle in a meticulously maintained building that feels like a permanent vacation. This exceptional unit features a highly sought-after and rare double balcony (Extra Patio) overlooking the Artificial waterfall at the RH restaurant . Comes perfectly equipped with dedicated storage unit and two covered parking spots, providing unmatched convenience in the center of downtown.
Property location
Get Directions550 Okeechobee Boulevard 308, West Palm Beach, FL 33401
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 2008
- Stories
- 20
- Lot size
- 0 sq ft
- Roof
- Other
- Construction
- Stucco
- Pool
- None, Association, Community
- Spa
- Community
Parking
- Garage spaces
- 2
- Covered spaces
- 2
- Parking features
- Attached, Garage, Two Or More Spaces
HOA, Community & Financials
- Association fee
- $1,260 Monthly
- Fee inclusions
- Common Area Maintenance
- Amenities
- Clubhouse, Fitness Center, Pool, Sauna, Spa Hot Tub
- Pets allowed
- No
- Annual tax
- $11,766
- Subdivision
- Cityplace South Tower Cond
- County
- Palm Beach
- Days on market
- 106
- MLS listing ID
- B26032593
- Listing status
- Active
Virtual tour
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Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
-$2,705
- Cap rate
- 1.6%
- Net yield
- 1.6%
- Cash-on-cash return
- -14.5%
- Gross yield
- 6.3%
- Mortgage payment
- $3,792/mo
- Down payment
- $200,000
- Loan amount
- $600,000
- Annual NOI
- $13,047
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.