550 Okeechobee Boulevard, #1508, West Palm Beach, FL, 33401 | $4,200

STUNNING SUMMER RENTAL, AVAILABLE JUNE-AUGUST 2026! Live the life of luxury you've been dreaming of in this elegantly-appointed, move-in-ready retreat! Enjoy sweeping outdoor views of the bustling city skyline, glimpses of the Ocean & sunsets over the Intracoastal from your sprawling double-wide balcony perched high above glitzy Downtown - perfect for morning coffee or sunset cocktails. Inside, enjoy the contemporary open layout, modern light fixtures, 2-large walk-in closets, updated floors and floor-to-ceiling hurricane-impact glass. The experience is perfect simplicity mixed with refined sophistication at every turn. Move right in and start enjoying all of the fun that Downtown West Palm has to offer. Located in the most sought-after address of all - CityPlace South Tower! Downtown West Palm Beach is in the midst of a major transformation, quickly becoming one of South Florida's most sought-after destinations for luxury living, investment, and innovation. With billions in new development underway including Class A office towers, world-renowned restaurants like Eataly, Milos, and Harry's of New York, five-star hotels, luxury residences, and the much-anticipated NORA District (a 40-acre walkable neighborhood bringing design-forward retail, restaurants, and public green space just north of downtown) - the city is attracting global attention and a wave of high-profile residents. Visionaries like Jeff Bezos, Elon Musk, and David Beckham are helping shape its future, while attractions like CityPlace, The Kravis Center, and the Brightline high-speed rail keep West Palm at the intersection of culture, convenience, and world-class living. CityPlace South Tower is one of downtown's most sought-after luxury buildings, offering full-service amenities including 24/7 front desk and valet, a resort-style pool and spa deck, summer kitchen pavilion, designer club room, and a state-of-the-art fitness center. It's also the only luxury high-rise downtown zoned for an A-rated elementary school. Walkable to CityPlace, the Kravis Center, Brightline, Clematis Street, the Norton Museum, waterfront concerts, and Palm Beach's pristine beaches - this is the lifestyle you've been waiting for. Plus, with the ability to rent immediately this residence is as smart an investment as it is a place to call home. Your best life starts here - where luxury, location, and lifestyle come together seamlessly.

Features

  • Type: Condominium
  • Amenities: Picnic Area, Elevator(s), Fitness Center, Management, Pool, Sauna, Spa/Hot Tub, Manager On Site, Trash Chute, Bike Storage, Business Center, Community Room, Heated Pool, Internet Included, Library, Lobby, Sidewalks, Street Lights, Security
  • Rooms: 6
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Laundry Closet, Inside, In Unit
  • Development: Cityplace South Tower Condo
  • Year Built: 2008
  • Garage: 1-car Attached
  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Approx Sq. Feet: 1,192
  • Lot Desc: Sidewalks
  • View: City, Intracoastal, Lake, Ocean
  • Elem. School: Palm Beach Public
  • Pet Policy: Yes, Breed Restrictions, Number Limit, Size Limit
  • Appliances: Dryer, Disposal, Dishwasher, Electric Range, Ice Maker, Microwave, Oven, Refrigerator, Washer, Freezer, Wine Refrigerator
  • Lease Term Type: Other
  • Tenant Pays: Electricity
  • MLS#: B26028507
  • Website: https://www.raveis.com
    /prop/B26028507/550okeechobeeboulevard_westpalmbeach_fl?source=qrflyer
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Listing courtesy of Compass Florida LLC (PB)

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:

  • 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
  • Showcase your home on raveis.com with a larger and more prominent format
  • 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.

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, #1508, West Palm Beach, FL, 33401

$4,200

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 $3,360 $3,360 $3,360
Term 360 months 360 months 180 months
Initial Interest Rate** 6.250% 6.625% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.609% 6.776% 6.078%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $21 $22 $28
Total Monthly Payment $96 $97 $103

* 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.