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$1,335,000

Beds
3
Baths
2.0
sq ft
1,606

550 Okeechobee Blvd Unit 1001, West Palm Beach, FL 33401

550 Okeechobee Blvd Unit 1001

West Palm Beach, FL 33401

  • Coming soon
Rare 3 BR, 2 BA, corner condo in the highly sought-after CityPlace South Tower featuring stunning east & southern views. Concierge building amenities & valet parking. Large living room & dining area with balcony. The bright kitchen is a chef's dream with modern cabinetry and appliances. Spacious primary suite features direct access to the balcony. The ensuite bathroom includes a jacuzzi tub, standalone shower, dual sink vanity, & two generous walk-in closets. BR 2 offers queen size bed, walk-in closet, south-facing view of the pool area. BR 3 features a hallway pocket door for privacy, 2 twin beds, walk-in closet, view of the pool. Full laundry room. The Kravis Center, City Place, Norton and Brightline are all within walking distance. Living here means you're in the heart of Downtown WPB.

Details

Property type

Condominium

Est. home value

$1,351,100

Lot size

Unknown

Price per sq ft

$832

Year built

2008

Annual property taxes

$20,305

Monthly HOA fee

$1,813

Price History

12/09/2021
Beaches

Beaches #R10759367

Sold
$1,000,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Park, Sidewalks

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$660,881
Asking price
$1,335,000
Closing costs (~8% of asking)
-$106,800
Est. remaining loan balance
-$567,319
Cash to seller
$660,881

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Morgan Stanley Private Bank Na

Loan start date

March 2022

Original loan amount

$600,000

Est. remaining balance

$567,319

Interest rate

3.69%

Loan type

New Conventional, 30 year

Seller

Jev Real Estate Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Coming Soon

Tomo last checked: 02/22/2025 at 4:10 PM

Listing updated: 02/20/2025 at 10:40 PM

Listed by: Stephanie Schwed, Nest Seekers Florida, LLC Phone #: (561) 725-9229

MLS: Beaches #R11064504

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