550 Okeechobee Boulevard

West Palm Beach, FL 33401

$8,000/mo

2Beds

2Baths

1,120Sq ft

2008Year built

CondoType

About this home

Welcome to ''The Beverly'' — a fully furnished, turnkey penthouse residence inspired by the timeless elegance of the Beverly Hills Hotel, now available in the heart of downtown West Palm Beach. This impeccably renovated 2-bedroom, 2-bathroom penthouse features 10-foot ceilings and a coveted south exposure, offering sweeping views of the city skyline, Intracoastal Waterway, and the Atlantic Ocean. Every detail has been thoughtfully curated, blending modern luxury with classic California glamour. The residence has been completely renovated throughout and showcases tile flooring, stainless steel appliances, and a spa-like primary bathroom with dual shower heads. Each room is adorned with Gray Malin artwork, creating a refined yet relaxed coastal aesthetic. Cable and high-speed WiFi are included, making this home truly move-in ready. Step outside and enjoy unparalleled walkability to CityPlace, Equinox, Eataly, Harry's, Adrienne's Pizza, premier professional offices, and more, placing world-class dining, fitness, and entertainment just moments from your door. Residents enjoy full-service, resort-style amenities including valet parking, front desk concierge service, a large community pool, hot tub, outdoor grilling areas, fitness center, sauna, and a newly renovated club room. Annual rentals are offered at $8,000 per month. Seasonal rates are $12,500 per month from January through May, $5,000 per month from May through November, and $8,000 per month for November and December. Experience penthouse living with effortless luxury, designer style, and unbeatable downtown convenience. Welcome home to The Beverly!

Features

Private pool

Property details

Listing

MLS #: R11152613
Status: For sale
Listed on: Jan 8, 2026
Days on market: 217 days
Listing data updated: Aug 6, 2026

Interior

Beds: 2
Baths: 2
Living area: 1,120 ft²
Unit: Uph-03

Building & community

Type: Condo
Year built: 2008
County: Palm Beach

Lot & exterior

Private pool: Yes

Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.

Building structural health (SIRS)

No filing record found

We couldn't find a SIRS filing record for this building in Florida's public DBPR database. That is not a red flag by itself: buildings under three stories are exempt, recent or mailed-in filings may not appear yet, and the name or address on file may differ from this listing.

Questions about this

What is a SIRS and why does it matter?

Since the Surfside collapse, Florida requires condo and co-op buildings three stories or taller to complete a Structural Integrity Reserve Study: an inspection-based plan that forces the association to fund structural repairs (roof, load-bearing walls, plumbing, electrical) instead of deferring them. It matters because underfunded buildings are the ones that surprise owners with large special assessments.

Has this building filed its SIRS?

We didn't find a filing record for this building in the DBPR's public database. Absence of a record does not mean the building is out of compliance — it may be exempt (under three stories), the filing may be recent or on paper, or the recorded name/address may differ. It IS the right question to ask before offering.

What is a special assessment?

A one-off charge the association levies on every owner when reserves don't cover a needed repair — in older coastal buildings they have ranged from a few thousand to over $100,000 per unit. The SIRS exists precisely to make these predictable and funded in advance. Always review the building's budget, reserves and meeting minutes before buying.

What should I check before buying in this building?

Florida law gives buyers the right to review the association's SIRS, milestone inspection reports, budget and reserves — the full study is available from the association by written request. Nilyan requests and walks through these documents with her buyers as part of the offer process.

Source: Florida DBPR public SIRS reporting database. Filing status is self-reported by the association; this is not an audit, inspection or safety certification, and absence of a record does not mean non-compliance. Data as of July 30, 2026.

Want the full structural picture of this building before you offer?