NOT LISTED FOR SALE

701 S Olive Ave Unit 108 West Palm Beach, FL 33401

Downtown West Palm Beach Neighborhood
1 Bed
1.5 Baths
1,128 Sq Ft
1 Acres

Highlights

  • Doorman
  • Clubhouse
  • Sauna
  • Fitness Center
  • Marble Flooring
  • 3-minute walk to Trinity Park

About This Home

As of June 2023

Remarkable opportunity for a high profile commercial space in the luxurious Two City Plaza building in downtown West Palm Beach! Incredible exposure & visibility with direct Southern frontage, Endless possibilities for your business or can be rented as a residential unit as well! Open Floor plan, complimentary valet parking for quests. Two parking spaces in covered parking garage, 100% walkability, situated between 2 hotels, 5 large towers and office buildings. Close to City Place, dining and more! This luxury building has a roof top inground pool, with views of the intracoastal and Palm Beach Island hot tub, there is a on site manager, fitness center, dog walking area, sauna, trash chute, community room, bike storage and a stunning lobby.

Last Agent to Rent the Property

James Madalone

NextHome Real Estate Executives License #3409534 Listed on: 03/30/2023

NextHome Real Estate Executives

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,953

Year Built

  • Built in 2008

Lot Details

  • 1

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,128 Sq Ft Home
  • High Ceiling
  • Den
  • Marble Flooring
  • Laundry Room

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom

Utilities

  • Central Heating and Cooling System
  • Municipal Trash

Listing and Financial Details

  • Property Available on 4/1/23
  • Assessor Parcel Number 74434322410000008

Community Details

Amenities

  • Doorman
  • Sauna
  • Clubhouse
  • Bike Room

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa
  • Park

Additional Features

  • Two City Plaza Condo Subdivision
  • Resident Manager or Management On Site

Condo Details

Home Type

Condominium

Est. Annual Taxes

$11,953

Year Built

Built in 2008

Lot Details

0

Parking

2

Rental Info

  • Tenant Pays: Exterior Electric
  • Available Date: 2023-04-01

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Okeechobee Rd to Left on S Olive to the Two City Plaza Building, then valet park in front of building
  • Year Built: 2008
  • Entry Level: 1
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: High Ceilings
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Dishwasher, Microwave
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Marble
  • Living Area: 1128.0
  • Dining Room Type: Den, Laundry

Exterior Features

  • Pool Features: None, Association, Community
  • Waterfront: No

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage

Utilities

  • Security: Door Man
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: 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, Trash
  • Pets Allowed: No

Lot Info

  • Parcel #: 74434322410000008
  • Land Lease Amount Frequency: Monthly

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 10, 2015
Sold by
Kcp Ii Commercial Llc
Bought by
Orhan Llc
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Orhan Llc $30,000 Old Republic National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Orhan Llc $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2023 06/23/23 Rented $4,400 +3.5% --
03/30/2023 03/30/23 For Rent $4,250 -- --
Source: BeachesMLS

Tax History Compared to Growth

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 $11,953 $352,693 -- --
2023 $11,177 $320,630 $0 $0
2022 $6,783 $291,482 -- --
2021 $6,362 $264,984 $0 $264,984
2020 $7,573 $319,434 $0 $319,434
2019 $7,455 $316,517 $0 $316,517
2018 $6,155 $259,183 $0 $259,183
2017 $6,174 $257,702 $0 $0
2016 $6,337 $259,702 $0 $0
2015 $5,224 $192,784 $0 $0
2014 $4,772 $175,258 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • James Madalone

    Landlord's Agent in 2023

    James Madalone

    NextHome Real Estate Executives

    (561) 207-7647

    5 in this area

    140 Total Sales

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Map

Source: BeachesMLS

MLS Number: R10877694

BeachesMLS

APN: 74-43-43-22-41-000-0008

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

701 S Olive Ave Unit 108, West Palm Beach, FL

This home is located at 701 S Olive Ave Unit 108, West Palm Beach, FL 33401 since 30 March 2023. This property was built in 2008. 701 S Olive Ave Unit 108 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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