NOT LISTED FOR SALE

701 S Olive Ave Unit 14 West Palm Beach, FL 33401

Downtown West Palm Beach Neighborhood

Estimated Value: $1,065,000 - $1,338,000

2 Beds
2 Baths
1,508 Sq Ft
$773/Sq Ft Est. Value

Last Sold December 19, 2014

Last sale price $419,000 $278 Per Sq Ft

Est. 179% increase in value since last sale

Current estimated payment $8,648/month

386 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • Marble Flooring
  • Walk-In Closet
  • Roman Tub
  • Balcony
  • 3-minute walk to Trinity Park

About This Home

As of December 2014

Stunning 2 bedroom unit in Two City Plaza. Stainless steel appliances, granite countertops, tile in living areas. Breathtaking intracoastal views from the balcony. Two City Plaza offers its residents amazing amenities, including a resort style, rooftop pool & hot tub. There is also a rooftop theatre & bar, along with covered entertaining areas to enjoy the panoramic views. Take advantage of the state-of-the-art fitness center or relax in the steam room and sauna! 24 hr concierge services and valet giv

Last Agent to Sell the Property

James Scuttina

Scuttina Real Estate Group Inc License #3122165 Listed on: 10/28/2013

Co-Listed By

Miranda Carballo

Scuttina Real Estate Group Inc License #0

Last Buyer's Agent

Amanda Warnick

Sterling Real Estate Group LLC License #3297618

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,871

Year Built

  • Built in 2008

Lot Details

  • Property fronts an intracoastal waterway
  • East Facing Home

HOA Fees

  • $722 Monthly HOA Fees

Parking

  • 1 Car Garage

Interior Spaces

  • 1,508 Sq Ft Home
  • Intracoastal Views

Kitchen

  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Roman Tub

Laundry

  • Dryer
  • Washer

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 74434322410001415

Community Details

Overview

  • Two City Plaza Condo Subdivision
  • 20-Story Property

Security

  • Card or Code Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,871

Year Built

Built in 2008

Lot Details

0

HOA Fees

$722 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Directions: 95 to Okeechobee E. Left on Olive. Building on Left.
  • Year Built: 2008
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Garden Tub/Roman Tub, Walk-In Closet(s)
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile, Marble
  • Living Area: 1508.0
  • Stories: 20

Exterior Features

  • Exterior Features: Balcony
  • View: Intercoastal
  • Waterfront Features: Intracoastal Access
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: East
  • Patio And Porch Features: Balcony, Open

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes

Utilities

  • Security: Key Card Entry, Lobby Secured, Fire Sprinkler System, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 722.0
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 74434322410001415

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 9871.0

Multi Family

  • Number Of Units In Community: 467

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2022
Sold by
Delima Alcides R and Hb Rosane
Bought by
Ahmad Reza Esfandiary Trust
Total Days on Market
386
Current Estimated Value
$1,170,585

Purchase Details

Closed on
Oct 20, 2020
Sold by
Mitilenes Nickolas C and Mitilenes Tiffany
Bought by
Delima Alcides R and Lima Rosane Hb

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2017
Sold by
Morales Jose and Morales Jeanine
Bought by
Mitilenes Nickolas G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 28, 2013
Closed on
Dec 19, 2014
Sold by
Couto Jose S
Bought by
Morales Jose
Seller's Agent
James Scuttina
Scuttina Real Estate Group Inc
Buyer's Agent
Amanda Warnick
Sterling Real Estate Group LLC
List Price
$429,000
Sold Price
$419,000
Premium/Discount to List
-$10,000
-2.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.53%
Original Mortgage
$398,050
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 2008
Sold by
Kolter City Plaza Ii Inc
Bought by
Couto Jose S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,900
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage
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
Ahmad Reza Esfandiary Trust $1,125,000 First American Title
Delima Alcides R $475,000 New Path Title Llc
Mitilenes Nickolas G $500,000 Attorney
Morales Jose $419,000 Trident Title Llc
Couto Jose S $539,912 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Delima Alcides R $275,000
Previous Owner Mitilenes Nickolas G $400,000
Previous Owner Morales Jose $398,050
Previous Owner Couto Jose S $404,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2014 12/19/14 Sold $419,000 -2.3% $278 / Sq Ft
11/19/2014 11/19/14 Pending -- -- --
10/28/2013 10/28/13 For Sale $429,000 -- $284 / Sq Ft
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 $18,203 $840,000 -- --
2023 $17,461 $800,000 $0 $800,000
2022 $10,406 $445,500 $0 $0
2021 $9,408 $405,000 $0 $405,000
2020 $9,498 $405,000 $0 $405,000
2019 $9,989 $405,000 $0 $405,000
2018 $9,542 $415,000 $0 $415,000
2017 $8,110 $390,696 $0 $0
2016 $8,091 $382,660 $0 $0
2015 $8,245 $380,000 $0 $0
2014 $8,984 $365,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • James Scuttina

    Seller's Agent in 2014

    James Scuttina

    Scuttina Real Estate Group Inc

    (631) 764-5578

    5 in this area

    25 Total Sales

    Section Image

  • M

    Seller Co-Listing Agent in 2014

    Miranda Carballo

    Scuttina Real Estate Group Inc

  • Amanda Warnick

    Buyer's Agent in 2014

    Amanda Warnick

    Sterling Real Estate Group LLC

    (561) 301-1191

    24 in this area

    48 Total Sales

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Map

Source: BeachesMLS

MLS Number: R9988904

BeachesMLS

APN: 74-43-43-22-41-000-1415

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

701 S Olive Ave Unit 14, West Palm Beach, FL

This home is located at 701 S Olive Ave Unit 14, West Palm Beach, FL 33401 since 28 October 2013 and is currently estimated at $1,166,378, approximately $773 per square foot. This property was built in 2008. 701 S Olive Ave Unit 14 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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