City Place South Tower
City Place South Tower is a 20-story luxury condominium at 550 Okeechobee Boulevard in Downtown West Palm Beach, built in 2008 by The Related Group and designed by Roger Fry & Associates Architects. The 421-residence tower sits directly across from the CityPlace (Rosemary Square) shopping, dining, and entertainment district, in the heart of the downtown corridor now known as "Wall Street South." Residents enjoy resort-style amenities including a ninth-floor pool deck and sky-lawn with a heated pool and hot tub, an outdoor bar and grill, a fitness center with yoga and massage rooms, and 24-hour front desk security with valet parking. Higher floors, including the penthouse level, offer sweeping views of the Atlantic Ocean, the Intracoastal Waterway, and the downtown skyline. The building's central location also places it within walking distance of the Kravis Center for the Performing Arts and the Palm Beach County Convention Center.
Amenities
- 9th-floor pool deck and sky-lawn
- Heated swimming pool
- Hot tub/spa
- Outdoor bar and grill
- State-of-the-art fitness center
- Yoga studio
- Massage room
- Library/conference room
- Game room with pool table
- 24-hour front desk personnel and security
- Valet parking
- Secure/gated parking
- On-site management and maintenance
City Place South Tower sits in Downtown West Palm Beach directly across from the CityPlace (Rosemary Square) retail, dining, and entertainment complex, an area increasingly branded "Wall Street South" for its growing concentration of financial firms. The building is also within walking distance of the Kravis Center for the Performing Arts, Palm Beach Atlantic University, and the Palm Beach County Convention Center.
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West Palm Beach, FL 33401
Available Residences at City Place South Tower
3 Bedroom Condos · 1 unit
| Unit | Asking Price | Bed(s)/Bath(s) | Living Size | Price/Sq.Ft. | Days on Market |
|---|---|---|---|---|---|
| 322 | $1,350,000 | 3 / 2 | 1,709 | $790 | 0 |
2 Bedroom Condos · 5 units
| Unit | Asking Price | Bed(s)/Bath(s) | Living Size | Price/Sq.Ft. | Days on Market |
|---|---|---|---|---|---|
| 04 | $1,000,000 | 2 / 2 | 1,120 | $893 | 14 |
| 1405 | $850,000 | 2 / 2 | 1,120 | $759 | 58 |
| 1609 | $848,000 | 2 / 2 | 1,120 | $757 | 36 |
| 308 | $800,000 | 2 / 2 | 1,120 | $714 | 56 |
| 506 | $650,000 | 2 / 2 | 1,120 | $580 | 348 |
1 Bedroom Condos · 5 units
| Unit | Asking Price | Bed(s)/Bath(s) | Living Size | Price/Sq.Ft. | Days on Market |
|---|---|---|---|---|---|
| 825 | $549,000 | 1 / 1 | 820 | $670 | 1 |
| 1721 | $524,900 | 1 / 1 | 755 | $695 | 92 |
| 1421 | $499,900 | 1 / 1 | 755 | $662 | 0 |
| 616 | $440,000 | 1 / 1 | 755 | $583 | 232 |
| 1216 | $418,000 | 1 / 1 | 755 | $554 | 237 |
Compare every West Palm Beach building, its inventory, and area market trends in one place.
ANALYTICS
CURRENT INVENTORY
INVENTORY BY BEDROOM
- 1 Bed (4) 50%
- 2 Bed (3) 38%
- 3 Bed (1) 13%
INVENTORY TREND (ALL UNITS)
Market & Community Report
As of August 13, 2026, City Place South Tower carries 8 active listings at an average asking price of $722K, with an average time on market of 102 days. Closed sales over the preceding 36 months averaged $654 per sq ft, and 12 transactions closed in the past 12 months — implying 8 months of supply against the current pace of absorption.
Zip code 33401 (West Palm Beach) is home to 31,964 residents with a median age of 38.5. Per-capita income stands at $55,688; 43.2% hold a bachelor's degree or higher. 37.1% of units are owner-occupied; 15.8% of residents work from home.
Data current as of August 13, 2026. Market metrics derived from MLS closed sales; community data from U.S. Census ACS.
Frequently Asked Questions — City Place South Tower
How many condos are for sale at City Place South Tower?
As of August 13, 2026, 8 residences are actively listed for sale at City Place South Tower. Current asking prices range from $418K to $1.4M. Inventory updates daily from the MLS.
How much do condos at City Place South Tower cost?
Condos at City Place South Tower are currently asking from $418K to $1.4M. Over the past 36 months, closed sales have averaged $654 per square foot. Final pricing varies by floor, line, square footage, finishes, and view.
What is the average price per square foot at City Place South Tower?
Based on MLS closed sales over the preceding 36 months, the average sale price at City Place South Tower is $654 per square foot. Use this as a benchmark when comparing active listings in the building.
Where is City Place South Tower located?
City Place South Tower is located at 550 Okeechobee Blvd, West Palm Beach, FL, 33401, in the West Palm Beach area.
What neighborhood is City Place South Tower in?
City Place South Tower is in West Palm Beach, West Palm Beach. You can compare every condo building, home inventory, and price trend across West Palm Beach on its neighborhood guide.
How many units are in City Place South Tower?
City Place South Tower has 421 residences across 20 stories.
What year was City Place South Tower built?
City Place South Tower was completed in 2008.
What amenities does City Place South Tower offer?
City Place South Tower amenities include 9th-floor pool deck and sky-lawn, Heated swimming pool, Hot tub/spa, Outdoor bar and grill, State-of-the-art fitness center, Yoga studio, Massage room, Library/conference room.