550 Okeechobee Boulevard, #1103, West Palm Beach, FL, 33401 | $695,000

Don't miss this opportunity! Hard to get beautiful Condo unit in downtown West Palm Beach Cityplace area. This quality contemporary designer decorated 2 Bedroom 2 Bath suite has an incredible view of the resort style swimming pool and intracoastal. A welcoming foyer leads to the kitchen with Italian cabinetry and granite countertops and opens up to a spacious and light flooded Living/Dining room with light travertine floors and 9 foot high floor to ceiling windows. The Master Suite boasts an over-sized walk-in closet and 2nd closet, access to the balcony and a five fixture Master Bathroom. Second Bedroom features floor to ceiling windows, 2 walk-in closets, ensuite bath with shower. Split floor plan offers privacy for both bedrooms. Separate laundry area and an oversized covered balcony. The building offers a complete set of unparalleled amenities including 24 hour concierge and valet parking, Library/conference center. A heated outdoor Pool with hot tub, cabana, outdoor kitchen and entertainment area. A windowed Fitness Center, Changing Rooms with steam and sauna for men and women. Oversized residential lounge with catering kitchen. A pet friendly building! Immediate proximity to City Place, transportation, shopping, theaters, hotels, restaurants and houses of worship. HOA includes Internet & Cable. Dedicated interior parking spot. Priced to Sell Quickly! Ideal for investors, retirement, second or primary urban living home!

Features

  • Parking: Garage
  • Heating: Central, Electric
  • Cooling: Central Air, Electric
  • Levels: 20
  • Amenities: Billiard Room, Cabana, Fitness Center, Pool, Sauna, Spa/Hot Tub, Manager On Site, Trash Chute, Bike Storage, Business Center, Library
  • Rooms: 5
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Inside
  • Complex: CITYPLACE SOUTH TOWER CONDO
  • Year Built: 2008
  • Common Charge: $1,265 Monthly
  • Approx Sq. Feet: 1,120
  • Est. Taxes: $10,575
  • View: City, Pool, Intracoastal
  • Elem. School: Palm Beach Public
  • High School: Forest Hill
  • Pet Policy: Yes, Breed Restrictions, Size Limit, Pet Restrictions Possible
  • Appliances: Electric Water Heater, Dryer, Disposal, Dishwasher, Electric Range, Microwave, Refrigerator, Water Heater, Washer
  • MLS#: RX-11135739
  • Website: https://www.raveis.com
    /prop/RX-11135739/550okeechobeeboulevard_westpalmbeach_fl?source=qrflyer
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Listing courtesy of RH Realty

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

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To learn more about our credentials, visit raveis.com today.

Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Pedro DelgadilloInsurance Sales Director, William Raveis Insurance

305.922.5393

Pedro.Delgadillo@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

550 Okeechobee Boulevard, #1103, West Palm Beach, FL, 33401

$695,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $556,000 $556,000 $556,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.750% 6.250% 5.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.307% 6.443% 5.668%
Monthly Tax Payment $881 $881 $881
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,245 $3,423 $4,506
Total Monthly Payment $4,218 $4,396 $5,479

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.