NOT LISTED FOR SALE

701 S Olive Ave Unit 116 West Palm Beach, FL 33401

Downtown West Palm Beach Neighborhood
1 Bed
1.5 Baths
1,290 Sq Ft
1 Acres

Highlights

  • Doorman
  • Gated with Attendant
  • Sauna
  • Water Views
  • Clubhouse
  • 3-minute walk to Trinity Park

About This Home

As of March 2024

Incredible Opportunity for High Profile Commercial Space located in the Luxury Corridor of Downtown West Palm Beach! Corner Commercial WORK/LIVE Unit at Two City Plaza Luxury Condos offers Direct North Frontage on Trinity St. Soaring 22' Ceiling Height with Porcelain Flooring and Open Floor Plan offers endless possibilities for your Business or Office! Oak Stairway leads to Second Level featuring Glass Enclosed Private Office with Full Bath and Large Closet. A Light & Bright Fresh Palette awaits your personal touch in the ever thriving Downtown Market.Perfect for Art Gallery, Professional Offices, Convenience Store,Salon,Retail, Pet Shop, Sandwich Shoppe are approved uses. 100% Walkability, strategically located between 3 Hotels, 6 Major Urban Towers, & Office Buildings, & THE SQUARE!

Last Agent to Rent the Property

Colleen Foley

Luxe Life Realty LLC License #3273425 Listed on: 03/08/2024

Last Renter's Agent

Colleen Foley

Luxe Life Realty LLC License #3273425 Listed on: 03/08/2024

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,742

Year Built

  • Built in 2008

Lot Details

  • 1

Parking

  • 1 Car Garage
  • Assigned Parking

Interior Spaces

  • 1,290 Sq Ft Home
  • High Ceiling
  • Ceiling Fan
  • Water Views

Kitchen

  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • Separate Shower in Primary Bathroom

Home Security

Utilities

  • Central Heating
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Property Available on 6/1/24
  • Assessor Parcel Number 74434322410000016

Community Details

Overview

  • Two City Plaza Condo Subdivision

Amenities

  • Doorman
  • Sauna
  • Clubhouse
  • Bike Room

Recreation

  • Community Pool
  • Community Spa
  • Park

Pet Policy

  • Pets Allowed

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Fire and Smoke Detector
  • Fire Sprinkler System

Condo Details

Home Type

Condominium

Est. Annual Taxes

$13,742

Year Built

Built in 2008

Lot Details

0

Parking

1

Rental Info

  • Tenant Pays: Exterior Electric
  • Available Date: 2024-06-01

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: 701 SOLive Ave West Palm Beach, FL 33401
  • Year Built: 2008
  • Entry Level: 1
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: High Ceilings, Separate Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Dishwasher, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Carpet, Tile
  • Living Area: 1290.0
  • Dining Room Type: Storage Room

Exterior Features

  • Exterior Features: None
  • View: Water
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront: No

Garage/Parking

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

Utilities

  • Security: Door Man, Gated with Guard, Fire Sprinkler System, Smoke Detector(s)
  • Cooling: Ceiling Fan(s)
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Non-Gated, Park, Property Manager On-Site, Pool, Sauna
  • Senior Community: No
  • Amenities: Bike Storage, Clubhouse, Management, Pool, Sauna, Spa/Hot Tub, Trash
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 74434322410000016
  • Land Lease Amount Frequency: Monthly

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 3, 2019
Sold by
Destefano John D
Bought by
Platinum Property Group Holdings Corp

Purchase Details

Closed on
May 9, 2018
Sold by
Texas Two City Plaza Llc
Bought by
Destefano John D

Purchase Details

Closed on
May 20, 2014
Sold by
Kolter City Plaza Ii Inc
Bought by
Texas Two City Plaza Llc
Source: Public Records

Range of Values:

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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
Platinum Property Group Holdings Corp -- Attorney
Destefano John D $900,000 Attorney
Texas Two City Plaza Llc $867,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2024 03/26/24 Rented $6,200 -0.8% --
03/11/2024 03/11/24 Under Contract -- -- --
03/08/2024 03/08/24 For Rent $6,250 +35.0% --
07/01/2020 07/01/20 Rented $4,630 +1.5% --
06/01/2020 06/01/20 Under Contract -- -- --
06/30/2019 06/30/19 For Rent $4,560 -- --
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 $13,742 $405,503 -- --
2023 $12,851 $368,639 $0 $0
2022 $7,799 $335,126 -- --
2021 $7,314 $304,660 $0 $304,660
2020 $8,814 $367,264 $0 $367,264
2019 $8,572 $363,910 $0 $363,910
2018 $7,077 $297,991 $0 $297,991
2017 $7,098 $296,288 $0 $0
2016 $7,286 $298,587 $0 $0
2015 $6,846 $272,449 $0 $0
2014 $3,403 $76,559 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Colleen Foley

    Landlord's Agent in 2024

    Colleen Foley

    Luxe Life Realty LLC

    (561) 907-8155

    24 in this area

    25 Total Sales

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Map

Source: BeachesMLS

MLS Number: R10966717

BeachesMLS

APN: 74-43-43-22-41-000-0016

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

701 S Olive Ave Unit 116, West Palm Beach, FL

This home is located at 701 S Olive Ave Unit 116, West Palm Beach, FL 33401 since 08 March 2024. This property was built in 2008. 701 S Olive Ave Unit 116 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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