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 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, induction stove-top, 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
See this Listing
Schools
Elementary School:
Palm Beach Public
Middle School:
Conniston Community
High School:
Forest Hill
Interior
Appliances
Dishwasher, Disposal, Dryer, 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
- Address550 Okeechobee Boulevard Lph-23 West Palm Beach FL
- SubdivisionCITYPLACE SOUTH TOWER CONDO
- CityWest Palm Beach
- CountyPalm Beach
- Zip Code33401
Subdivisions in West Palm Beach
- 610 Clematis
- abbey gardens
- ABBEY PARK GARDENS
- ACACIA GARDENS
- Acreage & Unrec
- Amnd Place Of Rosedale Ad
- Andros Isle
- Apartments At Timberlake
- ARBOURS OF THE PALM BEACH
- Avenir Site Plan 1-Pod 4
- Bahama Heights
- BEACH SHORES
- Bear Island
- Bedford E
- Belair West Palm Beach
- Belvedere Park
- Bonnyview Add
- BREAKWATERS OF THE PALM B
- Briger Pars B E & F
- Broadmoor Sec 04
- BROADMOOR SEC 1
- BUNKER HILL ADD TO WPB
- Century Village
- CENTURY VILLAGE WEST PALM
- CHARLESTON COMMONS
- Cityplace South Tower Con
- CityPlace Tower
- Cityplace Tower Condo
- Cityplace Tower Condos
- CitySide
- CLASSICS AT BEAR LAKES
- Clear Lake Palms Condo
- Clear Lake Palms Condo Bl
- Colonial Estates
- COURTYARDS IN CITYPLACE C
- COVE AT BRIAR BAY
- Cove At Briar Bay Condo
- CRESTHAVEN
- CRESTHAVEN CONDO TOWNHOME
- CRESTHAVEN VILLAS
- Cresthaven Villas Condo 3
- CRESTHAVEN VILLAS CONDO25
- CROSS CREEK CONDO
- CYPRESS LAKES 10
- Dellawana Place
- Dillman Park
- Eastpointe Country Club 0
- Edge Condo
- El Cid Park Add
- Emerald Cove
- EMERALD ISLE AT LAGUNA
- FLAGLER LANDING CONDO
- FLAGLER POINTE
- Flagler Pointe Condo
- Flagler Pointe Condo Reta
- Forest Hill Gardens Condo
- Forest Hill Village 11
- Forest Hill Villas
- Forest Homes 05
- FOREST LAKES
- foxwood estates
- Freshwater Add
- GARDEN RESIDENCES AT CITY
- Golden Lakes
- GOLDEN LAKES VILLAGE
- Golden Lakes Village Cond
- Golfview Heights 06
- Gramercy Park
- GRAND ISLES
- Grand Isles Condo
- Grandview Heights
- Heritage Village Palm Bea
- Hillcrest Heights
- Hillcrest West Palm Beach
- Hillside Park
- HOMEWOOD WPB IN
- Ibis Golf & Country Club
- INDEPENDENCE COVE
- Jaxon Park
- Jonathan\’s Cove
- Kelsey City
- Lake Park
- Lake Place Condo
- LAKE VIEW CONDO APTS
- Lakeshore Club
- Lakeside Green 09
- LAKESIDE GREEN 5
- Land of the President
- Lands of the President 3
- LANDS OF THE PRESIDENT 7
- LANDS OF THE PRESIDENT C
- Laura Lane Unrec
- Lewis Shore Estates 02
- Liberty Isles
- Links at Emerald Dunes
- LONE PINE ESTATES PLATS 4
- MERCER PARK
- MILANO CONDO
- MILANO CONDOMINIUM
- MONTECITO PALM BEACH
- Nautica Lakes PUD Place 0
- NO
- NORTH PALM BCH 1
- North Palm Beach 01
- North Palm Beach 03
- North Palm Beach 04
- Northampton
- Northampton Condo A-S
- NORTHAMPTON CONDOS
- NORTHMORE ADD IN
- Northwood
- Northwood Add
- Oakton Preserve
- One City Plaza
- PALM BEACH FARMS CO 3
- Palm Beach Grande Condo
- Palm Beach House Condo
- Palm Beach Lakes South
- Palm Beach Lakes South Re
- Palm Lake Condo
- Palmbrooke Twnhms
- PARK PLACE
- Park Place Condo
- PHOENIX TOWERS CONDO
- Phoenix Towers Condo 01
- Pine Air 04
- Placido Mar
- Plantation Village Unrec
- PLEASANT CITY
- PONTE VERDE
- Ponte Verde At Palm Beach
- PORTOFINO CONDO PT OF LTS
- Portosol Rep 3
- Presidential Gofview
- PRESIDENTIAL MEDICAL PLAZA CO
- PRESIDENTIAL MEDICAL PLAZA CON
- PROSPECT PARK SOUTH
- Ranchette Road Twnhms
- Regency Surf
- Ridgeland Park
- River walk
- Riverwalk
- Riverwalk 02
- Riverwalk 03
- Riverwalk 04
- Roosevelt Estates
- Royal Palm Estates
- SEMINOLE HEIGHTS
- Seville
- Sheffield Condo Par 119
- SLADE CONDOMINIUM
- Society Hill Cannongate
- SouthBridge Condo
- Spa At Sunset Isles Condo
- ST ANDREWS
- St Andrews Palm Beach Con
- St Andrews Palm Beach Condo
- ST. Andrews Palm Bch
- Sterling Villages
- Stonehaven PUD
- Strand Condo
- SUMMIT LAKE
- Sunterra PUD
- Sussex Condo A-M
- Tcpb Condo 01-04
- Terracina Johnson Prop PU
- TERRACINA JOHNSON PROPERT
- The envoy
- Townhouse Courts Estates
- Vedado
- Village of Sandalwood
- Village of Sandalwood Lak
- Village Sandalwood Lakes
- VILLAS AT EMERALD DUNES
- Villas at Emerald Dunes C
- Waterside Townhome
- Waterways Taheri PUD Rev
- Wellington
- West Gate Estate
- West Palm Beach
- West Palm Beach Town
- Westfield At West Palm Be
- Westfield Rep
- Willfred Park
- Woodcrest
- Wynnewood Acres 03
- Yorktown
Market Summary
Current real estate data for Condo in West Palm Beach as of Jul 24, 2026
933
Condo Listed
139
Avg DOM
549
Avg $ / SqFt
$1,508,668
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 $549. The average listing price for Condo in West Palm Beach is $1,508,668.
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550 Okeechobee Boulevard Lph-23
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