Bought with Douglas Elliman (Palm Beach)
$392,500
$415,000
5.4%For more information regarding the value of a property, please contact us for a free consultation.
550 Okeechobee BLVD 1520 West Palm Beach, FL 33401
2 Beds
2 Baths
1,136 SqFt
Key Details
Sold Price $392,500
Property Type Condo
Sub Type Condo/Coop
Listing Status Sold
Purchase Type For Sale
Square Footage 1,136 sqft
Price per Sqft $345
Subdivision Cityplace South Tower Condo
MLS Listing ID RX-10679080
Style Contemporary
Bedrooms 2
Full Baths 2
HOA Fees $840/mo
Min Days of Lease 30
Year Built 2008
Annual Tax Amount $8,653
Tax Year 2020
Property Description
INVESTOR OPPORTUNITY!! 4%+ cap rate on residential condo in top building downtown West Palm Beach!! Immediate revenue from annual tenant in gorgeous high-floor 2/2. 9' ceilings, beautiful floors, new dishwasher & microwave, DESIGNER FURNITURE makes it perfect and move-in ready for YOU and/or your TENANTS!! Impact glass protects your home. WALK to restaurants, shopping, theater, entertainment, Brightline trains. 5-minute drive to PBI. Enjoy fabulous sunset views, resort-style amenities at the pool, summer kitchen, hot tub, saunas, massage, fitness center, community room with billiards. Full-service building with 24 hour concierge & security. Valet car service included. Move fast on this one!!
Location
State FL
County Palm Beach
Area 5420
Zoning CPD(ci
Rooms
Other Rooms Great, Laundry-Inside
Interior
Heating Central, Electric
Cooling Central, Electric
Flooring Other, Tile
Exterior
Exterior Feature Covered Balcony, Summer Kitchen
Garage Garage - Building
Garage Spaces 1.0
Community Features Sold As-Is
Utilities Available Cable, Electric, Public Sewer, Public Water, Water Available
Amenities Available Billiards, Business Center, Courtesy Bus, Elevator, Fitness Center, Lobby, Manager on Site, Picnic Area, Pool, Spa-Hot Tub, Trash Chute, Whirlpool
Waterfront No
Waterfront Description None
Exposure West
Building
Story 21.00
Foundation CBS
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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