$847,000

701 S Olive Ave Unit 1506 West Palm Beach, FL 33401

Downtown West Palm Beach Neighborhood

Estimated payment $6,811/month

Total Views 6,282
2 Beds
2 Baths
1,170 Sq Ft
$724 Price per Sq Ft

Highlights

  • Fitness Center
  • Clubhouse
  • Garden View
  • 43,560 Sq Ft lot
  • Wood Flooring
  • 3-minute walk to Trinity Park

About This Home

Amazing opportunity to own a turnkey designer home in the premier lifestyle concierge building. This 2 bedroom 2 full bath has been designer decorated and features 11' ceilings, plantation shutters, bamboo flooring, newer washer/dryer, newer water heater, single parking with large dedicated storage. This home features a great room floorplan with a balcony overlooking the protected courtyard. Soft grey/creams and white round out the decor. Just bring your toothbrush and move right in as all the pots/pans/dishes/furniture and artwork is included in the sale. Enjoy valet parking, rooftop pool with incredible intracoastal views, BBQ area, gym, sauna, steam room, movie theater, and a conference room. Just minutes to Palm Beach and the airport.

Listing Agent

Nicole Evasius

Realty Today Inc. License #3208819 Listed on: 10/01/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,068

Year Built

  • Built in 2008

HOA Fees

  • $1,332 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Home Design

  • Entry on the 15th floor
  • Built-Up Roof

Interior Spaces

  • 1,170 Sq Ft Home
  • Furnished
  • High Ceiling
  • Ceiling Fan
  • Plantation Shutters
  • Sliding Windows
  • Combination Dining and Living Room
  • Wood Flooring
  • Garden Views
  • Home Security System

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Balcony
  • Open Patio

Schools

  • Roosevelt Elementary School
  • Conniston Community Middle School
  • Forest Hill High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 74434322410001506

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, parking, pool(s), reserve fund, sewer, security, water
  • 467 Units
  • Built by Kolter Homes
  • Two City Plaza Condo Subdivision
  • 22-Story Property

Amenities

  • Sauna
  • Clubhouse
  • Bike Room

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Security Guard
  • Resident Manager or Management On Site
  • Impact Glass
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,068

Year Built

Built in 2008

Lot Details

0

HOA Fees

$1,332 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Okeechobee blvd east to Olive then north to second building on left. Park in valet parking in front of building.
  • Year Built: 2008
  • Entry Level: 15
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Bar, Dual Sinks, High Ceilings, Living/Dining Room, Split Bedrooms, Separate Shower, Walk-In Closet(s)
  • Main Level Bedrooms: 2
  • Furnished: Furnished
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Hardwood, Wood
  • Living Area: 1170.0
  • Dining Room Type: Laundry, Storage Room
  • Stories: 22
  • Window Features: Impact Glass, Plantation Shutters, Sliding

Exterior Features

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

Garage/Parking

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

Utilities

  • Security: Security System, Security Guard, Fire Sprinkler System, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1332.0
  • Community Features: Non-Gated, Property Manager On-Site, Pool, Sauna
  • Senior Community: No
  • Amenities: Bike Storage, Clubhouse, Fitness Center, Management, Pool, Sauna, Spa/Hot Tub, Trash
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Parking, Pool(s), Reserve Fund, Sewer, Security, Water

Schools

  • Elementary School: Roosevelt
  • High School: Forest Hill
  • Middle Or Junior School: Conniston Community

Lot Info

  • Parcel #: 74434322410001506
  • Lot Size: East of US-1,Public Road
  • Lot Size Sq Ft: 43560.0
  • Zoning Description: QGD-25

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 12068.0

Multi Family

  • Number Of Units In Community: 467

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 $12,847 $590,000 -- --
2023 $12,068 $550,000 $0 $550,000
2022 $5,826 $297,670 $0 $0
2021 $5,804 $289,000 $0 $289,000
2020 $5,837 $288,000 $0 $288,000
2019 $6,076 $285,734 $0 $0
2018 $5,528 $280,406 $0 $0
2017 $5,447 $274,639 $0 $0
2016 $5,428 $268,990 $0 $0
2015 $5,531 $267,120 $0 $0
2014 $5,533 $265,000 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/01/2024 10/01/24 For Sale $847,000 0.0% $724 / Sq Ft
09/29/2023 09/29/23 Rented $4,850 -2.0% --
07/12/2023 07/12/23 Price Changed $4,950 -5.7% $4 / Sq Ft
05/18/2023 05/18/23 Price Changed $5,250 -30.0% $4 / Sq Ft
04/15/2023 04/15/23 For Rent $7,500 +2.0% --
12/18/2022 12/18/22 Rented $7,350 -2.0% --
12/09/2022 12/09/22 Under Contract -- -- --
10/16/2022 10/16/22 Price Changed $7,500 -10.2% $6 / Sq Ft
10/05/2022 10/05/22 For Rent $8,350 0.0% --
06/30/2022 06/30/22 Sold $720,675 +3.7% $602 / Sq Ft View Prior Sale
05/31/2022 05/31/22 Pending -- -- --
04/20/2022 04/20/22 For Sale $695,000 -- $581 / Sq Ft
Source: BeachesMLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $720,675 Premier Title
Warranty Deed $720,675 Premier Title
Special Warranty Deed $297,000 K Title Company Llc
Source: Public Records

Source: BeachesMLS

MLS Number: R11025301

BeachesMLS

APN: 74-43-43-22-41-000-1506

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

701 S Olive Ave Unit 1506, West Palm Beach, FL

For Sale

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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Nicole Evasius
Listing Agent
Nicole Evasius
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Realty Today Inc.
(561) 581-8568