701 S Olive Ave Unit 1415 West Palm Beach, FL 33401
Downtown West Palm Beach Neighborhood
2
Beds
2
Baths
1,508
Sq Ft
$1,048/mo
HOA Fee
Highlights
- Doorman
- Property fronts an intracoastal waterway
- Gated with Attendant
- Ocean View
- Fitness Center
- 3-minute walk to Trinity Park
About This Home
As of May 2022An amazing opportunity to own this beautiful 2 Bed 2 Bath luxury corner condo in sought-after Two City Plaza building, downtown West Palm Beach. This exclusive residence offers 2 balconies; one from the primary suite w/ southeast ocean & intracoastal water views to city sunset. Expansive windows bring in fabulous natural light; over 10.5' ceilings, marble & hardwood floors, open kitchen leading out to large living area are some of the added features. The spacious primary-suite features a luxurious all marble spa-like bathroom; large soaking tub and all marble shower, dual sinks with ample counter space and an oversized walk-in closet. Virtual staging photos are being used to showcase the home. Amenities in this full-service building are endless; 24-hr security, concierge, roof top pool...
Last Agent to Sell the Property
Douglas Elliman License #3389273 Listed on: 02/07/2022
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $9,408
Year Built
- Built in 2008
Lot Details
- Property fronts an intracoastal waterway
HOA Fees
- $1,048 Monthly HOA Fees
Parking
- 1 Car Garage
- Guest Parking
- Assigned Parking
Property Views
- Ocean
- Intracoastal
- Garden
Home Design
- Spanish Tile Roof
- Tile Roof
Interior Spaces
- 1,508 Sq Ft Home
- High Ceiling
- Blinds
- Entrance Foyer
- Combination Dining and Living Room
- Home Security System
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Electric Range
- Microwave
- Ice Maker
- Dishwasher
- Disposal
Flooring
- Wood
- Marble
Bedrooms and Bathrooms
- 2 Bedrooms
- Stacked Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
- Roman Tub
Laundry
- Dryer
- Washer
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 74434322410001415
Community Details
Overview
- Association fees include management, common areas, cable TV, insurance, maintenance structure, pest control, reserve fund, roof, sewer, security, trash, water, internet
- 467 Units
- High-Rise Condominium
- 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
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 7, 2022
Closed on
May 23, 2022
Sold by
Delima Alcides R and Hb Rosane
Bought by
Ahmad Reza Esfandiary Trust
Seller's Agent
Lori Cronican
Douglas Elliman
Buyer's Agent
Christopher Cronican
Douglas Elliman
List Price
$1,125,000
Sold Price
$1,125,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,378
Avg. Annual Appreciation
1.25%
Purchase Details
Listed on
May 20, 2020
Closed on
Oct 20, 2020
Sold by
Mitilenes Nickolas C and Mitilenes Tiffany
Bought by
Delima Alcides R and Lima Rosane Hb
Seller's Agent
Brent Enck
Brent Enck, LLC
Buyer's Agent
Cibie Cahur
Keller Williams Realty Jupiter
List Price
$500,000
Sold Price
$475,000
Premium/Discount to List
-$25,000
-5%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
71.99%
Original Mortgage
$275,000
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jan 16, 2017
Closed on
Mar 30, 2017
Sold by
Morales Jose and Morales Jeanine
Bought by
Mitilenes Nickolas G
Seller's Agent
Amanda Warnick
Sterling Real Estate Group LLC
Buyer's Agent
Brent Enck
Brent Enck, LLC
List Price
$549,000
Sold Price
$500,000
Premium/Discount to List
-$49,000
-8.93%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.43%
Original Mortgage
$400,000
Interest Rate
4.16%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 19, 2014
Sold by
Couto Jose S
Bought by
Morales Jose
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
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
Similar Homes in West Palm Beach, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,125,000 | First American Title | |
| Warranty Deed | $475,000 | New Path Title Llc | |
| Warranty Deed | $500,000 | Attorney | |
| Warranty Deed | $419,000 | Trident Title Llc | |
| Special Warranty Deed | $539,912 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $275,000 | New Conventional | |
| Previous Owner | $400,000 | New Conventional | |
| Previous Owner | $398,050 | New Conventional | |
| Previous Owner | $404,900 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/11/2022 08/11/22 | Rented | $6,200 | 0.0% | -- |
| 08/11/2022 08/11/22 | For Rent | $6,200 | 0.0% | -- |
| 05/24/2022 05/24/22 | Sold | $1,125,000 | 0.0% | $746 / Sq Ft |
| 04/24/2022 04/24/22 | Pending | -- | -- | -- |
| 02/07/2022 02/07/22 | For Sale | $1,125,000 | 0.0% | $746 / Sq Ft |
| 09/15/2021 09/15/21 | Rented | $5,000 | 0.0% | -- |
| 08/16/2021 08/16/21 | Under Contract | -- | -- | -- |
| 07/04/2021 07/04/21 | For Rent | $5,000 | 0.0% | -- |
| 10/20/2020 10/20/20 | Sold | $475,000 | -5.0% | $315 / Sq Ft |
| 09/20/2020 09/20/20 | Pending | -- | -- | -- |
| 05/20/2020 05/20/20 | For Sale | $500,000 | 0.0% | $332 / Sq Ft |
| 03/01/2018 03/01/18 | Rented | $3,200 | -3.0% | -- |
| 01/30/2018 01/30/18 | Under Contract | -- | -- | -- |
| 12/14/2017 12/14/17 | For Rent | $3,300 | 0.0% | -- |
| 03/30/2017 03/30/17 | Sold | $500,000 | -8.9% | $332 / Sq Ft |
| 02/28/2017 02/28/17 | Pending | -- | -- | -- |
| 01/16/2017 01/16/17 | For Sale | $549,000 | 0.0% | $364 / Sq Ft |
| 04/09/2012 04/09/12 | Rented | $2,250 | -4.3% | -- |
| 03/10/2012 03/10/12 | Under Contract | -- | -- | -- |
| 02/17/2012 02/17/12 | For Rent | $2,350 | -- | -- |
Source: BeachesMLS
Tax History Compared to Growth
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
-
L
Seller's Agent in 2022
Lori Cronican
Douglas Elliman
(561) 459-2805
86 in this area
143 Total Sales
-
C
Seller Co-Listing Agent in 2022
Christopher Cronican
Douglas Elliman
(509) 254-1608
71 in this area
107 Total Sales
-
G
Buyer's Agent in 2022
Gil Messing
Douglas Elliman
(561) 429-8173
4 in this area
9 Total Sales
-
C
Seller's Agent in 2021
Cibie Cahur
Keller Williams Realty Jupiter
(561) 401-5758
1 in this area
427 Total Sales
-
M
Buyer's Agent in 2021
Margit Brandt
Premier Estate Properties, Inc
(561) 659-6400
1 in this area
51 Total Sales
-
B
Seller's Agent in 2020
Brent Enck
Brent Enck, LLC
(561) 306-7338
14 in this area
29 Total Sales
Map
Source: BeachesMLS
MLS Number: R10775272
APN: 74-43-43-22-41-000-1415
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