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$505,000

Beds
1
Baths
1.0
sq ft
755

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

550 Okeechobee Blvd Unit LPH

West Palm Beach, FL 33401

  • 117 days on market
Beautiful 1 bedroom, 1 bath, LOWER PENTHOUSE residence boasts polished marble floors and all impact windows throughout! This immaculate condo is equipped with modern kitchen cabinets, beautiful granite countertops, stainless steel appliances, huge walk-in closet in master bedroom, and laundry closet with stackable GE Whirlpool washer and dryer. Live in luxury as you enjoy your morning coffee or evening views of Downtown West Palm Beach from your covered and tiled balcony. Discover South Florida living in the prestigious Cityplace South Tower. This resort style building offers first class amenities including 24-hour front desk, valet parking, heated infinity pool and spa, state-of-the-art fitness center, lounge, summer kitchen and more!

Details

Property type

Condominium

Est. home value

$776,861

Lot size

Unknown

Price per sq ft

$669

Year built

2008

Annual property taxes

$6,165

Monthly HOA fee

$800

Price History

09/04/2024
Beaches

Beaches #R11017979

Listed
$505,000
-27.13%
05/02/2024
Beaches

Beaches #R10942120

Sold
$693,000
-3.06%
03/19/2024
Beaches

Beaches #R10942120

Pending
$714,900

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Gated

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

$179,043
Asking price
$505,000
Closing costs (~8% of asking)
-$40,400
Est. remaining loan balance
-$285,557
Cash to seller
$179,043

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

Seller’s Loan History

Lender

Amtrust Bank

Loan start date

December 2008

Original loan amount

$417,000

Est. remaining balance

$285,557

Interest rate

6.14%

Loan type

Not Provided, 30 year

Seller

Christopher Sioukas and Arturo Torres

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: Active

Tomo last checked: 12/30/2024 at 4:10 PM

Listing updated: 12/10/2024 at 12:53 PM

Listed by: Derek Lambrou, Village Realty Group LLC Phone #: (561) 616-9240

MLS: Beaches #R11017979

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