$524,000
$25K PRICE DROP

701 S Olive Ave Unit 1011 West Palm Beach, FL 33401

Downtown West Palm Beach Neighborhood

Estimated payment $4,139/month

Total Views 2,662
1 Bed
1.5 Baths
786 Sq Ft
$667 Price per Sq Ft

Highlights

  • Doorman
  • Gated with Attendant
  • Marble Flooring
  • Fitness Center
  • Clubhouse
  • 3-minute walk to Trinity Park

About This Home

Discover an exceptional opportunity to lease in the prestigious Two City Plaza, a premier full-service building perfectly located in the heart of Downtown West Palm Beach. Situated just across from One Flagler and minutes from all of downtown's top destinations, this stunning 1-bedroom, 1.5-bath residence offers a sophisticated urban lifestyle. Boasting soaring 10.5' ceilings and south-facing exposure for natural light, the condo features tile wood plank flooring, freshly painted interiors, updated lighting, and an open-concept kitchen. The private balcony is accessible from both the living room and bedroom- perfect for enjoying the Florida sunshine. 1-garage parking space is included. This full-service building boasts exceptional amenities; 24-hr security, concierge, roof top pool, hot..

Listing Agent

Lori Cronican

Douglas Elliman License #3389273 Listed on: 02/27/2025

Douglas Elliman

Co-Listing Agent

Christopher Cronican

Douglas Elliman License #3391612

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,033

Year Built

  • Built in 2008

HOA Fees

  • $786 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Guest Parking
  • Assigned Parking

Home Design

  • Entry on the 10th floor

Interior Spaces

  • 786 Sq Ft Home
  • High Ceiling
  • Ceiling Fan
  • Combination Dining and Living Room
  • Garden Views
  • Closed Circuit Camera

Kitchen

  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Marble
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 74434322410001011

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, pest control, pool(s), reserve fund, roof, sewer, security, trash, water, internet
  • 467 Units
  • High-Rise Condominium
  • Built by Kolter Homes
  • Two City Plaza Condo Subdivision
  • 21-Story Property

Amenities

  • Doorman
  • Sauna
  • Clubhouse
  • Elevator
  • Bike Room
  • Community Storage Space
  • Community Wi-Fi

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa
  • Park
  • Trails

Pet Policy

  • Pets Allowed

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Card or Code Access
  • Impact Glass
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,033

Year Built

Built in 2008

Lot Details

0

HOA Fees

$786 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: I-95 East on Okeechobee, North on Olive Ave, 2nd block on left, directly across from Hyatt Hotel. Complimentary valet parking available.
  • Year Built: 2008
  • Architectural Style: High Rise
  • Entry Level: 10
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Bar, High Ceilings, Living/Dining Room, Separate Shower
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Marble, Tile
  • Living Area: 786.0
  • Dining Room Type: Laundry
  • Stories: 21
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Balcony
  • View: Garden
  • Pool Features: None, Association, Community
  • Waterfront: No
  • Builder Name: Kolter Homes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Assigned, Garage, Guest

Utilities

  • Security: Closed Circuit Camera(s), Door Man, Gated with Guard, Key Card Entry, Fire Sprinkler System, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 786.0
  • Community Features: Internet Access, Non-Gated, Park, Property Manager On-Site, Pool, Sauna, Street Lights, Sidewalks
  • Senior Community: No
  • Amenities: Bike Storage, Clubhouse, Fitness Center, Management, Pool, Sauna, Spa/Hot Tub, Storage, Trail(s), Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Pest Control, Pool(s), Reserve Fund, Roof, Sewer, Security, Trash, Water, Internet

Lot Info

  • Parcel #: 74434322410001011
  • Lot Size: East of US-1,Sidewalks
  • Lot Size Sq Ft: 365.0
  • Zoning Description: QGD-25

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 7033.0

Multi Family

  • Number Of Units In Community: 467

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,033 $288,827 -- --
2023 $6,561 $262,570 $0 $0
2022 $5,755 $238,700 $0 $0
2021 $5,132 $217,000 $0 $217,000
2020 $4,835 $202,000 $0 $202,000
2019 $5,275 $210,000 $0 $210,000
2018 $5,128 $220,000 $0 $220,000
2017 $4,942 $210,000 $0 $0
2016 $5,125 $212,960 $0 $0
2015 $4,901 $193,600 $0 $0
2014 $4,427 $176,000 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2025 08/01/25 Price Changed $524,000 -4.6% $667 / Sq Ft
02/27/2025 02/27/25 For Sale $549,000 0.0% $698 / Sq Ft
11/08/2022 11/08/22 Rented $2,850 0.0% --
10/01/2022 10/01/22 For Rent $2,850 +32.6% --
09/13/2021 09/13/21 Rented $2,150 0.0% --
09/13/2021 09/13/21 For Rent $2,150 +16.2% --
11/29/2019 11/29/19 Rented $1,850 +2.8% --
10/30/2019 10/30/19 Under Contract -- -- --
10/22/2019 10/22/19 For Rent $1,800 0.0% --
08/30/2019 08/30/19 Sold $250,000 -13.5% $318 / Sq Ft
07/31/2019 07/31/19 Pending -- -- --
04/29/2019 04/29/19 For Sale $289,000 0.0% $368 / Sq Ft
11/17/2015 11/17/15 For Rent $1,900 +11.8% --
11/17/2015 11/17/15 Rented $1,700 -5.6% --
01/31/2015 01/31/15 Rented $1,800 0.0% --
01/01/2015 01/01/15 Under Contract -- -- --
11/14/2014 11/14/14 For Rent $1,800 +12.5% --
07/15/2013 07/15/13 Rented $1,600 0.0% --
06/15/2013 06/15/13 Under Contract -- -- --
05/31/2013 05/31/13 For Rent $1,600 -- --
Source: BeachesMLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $250,000 Attorney
Special Warranty Deed $238,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,000 New Conventional
Previous Owner $191,040 Purchase Money Mortgage
Source: Public Records

Source: BeachesMLS

MLS Number: R11066289

BeachesMLS

APN: 74-43-43-22-41-000-1011

Florida Palm Beach County West Palm Beach 33401 Downtown West Palm Beach

701 S Olive Ave Unit 1011, West Palm Beach, FL

This home is located at 701 S Olive Ave Unit 1011, West Palm Beach, FL 33401 and is currently priced at $524,000, approximately $666 per square foot. This property was built in 2008. 701 S Olive Ave Unit 1011 is a home located in Palm Beach County with nearby schools including Roosevelt Elementary School, Conniston Middle School, and Forest Hill Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Listing Agent
Lori Cronican
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Douglas Elliman
(561) 820-6383