550 Okeechobee Boulevard, #1609, West Palm Beach, FL, 33401 | $825,000

Now available in the pristine CityPlace South Tower! 1609 is a high floor, North facing gem giving you gorgeous city views with exposure to the East and the West off your expansive balcony. The interior is a well-designed, split, 2-bed floor plan maximizing ease and functionality. Covered parking and a large storage cage are deeded to the unit. Across the street from Rosemary Square and just over the bridge from Palm Beach Island and Worth Avenue, this location is unbeatable. Just 5 minutes to Palm Beach International Airport as well. Resident only amenities include 86' Infinity Edge heated pool, hot tub, fully equipped outdoor kitchen, and fitness center. Pet friendly building. Free valet parking and 24-hour doorman included.

Features

  • Parking: Assigned, Covered, Deeded, Guest, Garage
  • Heating: Central
  • Cooling: Central Air
  • Levels: 21
  • Amenities: Billiard Room, Elevator(s), Fitness Center, Parking, Pool, Sauna, Spa/Hot Tub, Manager On Site, Trash Chute, Bike Storage, Business Center, Community Room, Internet Included, Library, Lobby
  • Rooms: 6
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Inside
  • Complex: CITYPLACE SOUTH TOWER CONDO
  • Year Built: 2008
  • Common Charge: $1,299 Monthly
  • Approx Sq. Feet: 1,120
  • Est. Taxes: $11,233
  • Lot Desc: Sidewalks
  • View: City
  • Elem. School: Palm Beach Public
  • High School: Forest Hill
  • Pet Policy: Yes, Size Limit, Pet Restrictions Possible
  • Appliances: Electric Water Heater, Dryer, Disposal, Dishwasher, Electric Range, Free-Standing Freezer, Ice Maker, Microwave, Refrigerator, Water Heater, Washer
  • MLS#: RX-11157513
  • Website: https://www.raveis.com
    /prop/RX-11157513/550okeechobeeboulevard_westpalmbeach_fl?source=qrflyer
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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.

Susan LewisLicensed Real Estate Salesperson

631.599.0058

Susan.Lewis@raveis.com

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

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
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  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

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

Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@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

Jennifer HartRegional Sales Manager, William Raveis Insurance

978.457.6220

Jennifer.Hart@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, #1609, West Palm Beach, FL, 33401

$825,000

Susan Lewis

Licensed Real Estate Salesperson

William Raveis Real Estate

Phone: 631.599.0058

Susan.Lewis@raveis.com

Sarah DeFlorio

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.DeFlorio@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $660,000 $660,000 $660,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.125% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.289% 6.235% 6.058%
Monthly Tax Payment $936 $936 $936
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,904 $4,010 $5,525
Total Monthly Payment $4,932 $5,038 $6,553

* 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.