NOT LISTED FOR SALE

701 S Olive Ave Unit 1605 West Palm Beach, FL 33401

Downtown West Palm Beach Neighborhood

Estimated Value: $709,685 - $781,000

2 Beds
2 Baths
1,170 Sq Ft
$1,170/mo HOA Fee

Last Sold May 19, 2025

Last sale price $745,000 $637 Per Sq Ft

Current estimated payment $6,036/month

Highlights

  • Doorman
  • Gated with Attendant
  • Sauna
  • Fitness Center
  • Clubhouse
  • 3-minute walk to Trinity Park

About This Home

As of May 2025

This home is located at 701 S Olive Ave Unit 1605, West Palm Beach, FL 33401 since 19 May 2025 and is currently estimated at $743,671, approximately $635 per square foot. This property was built in 2008. 701 S Olive Ave Unit 1605 is a home located in Palm Beach County with nearby schools including Roosevelt Elementary School, Conniston Middle School, and Forest Hill Community High School.

Last Agent to Sell the Property

Lori Cronican

Douglas Elliman License #3389273 Listed on: 05/19/2025

Douglas Elliman

Co-Listed By

Christopher Cronican

Douglas Elliman License #3391612

Last Buyer's Agent

Lori Cronican

Douglas Elliman License #3389273 Listed on: 05/19/2025

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,865

Year Built

  • Built in 2008

Lot Details

  • 1

HOA Fees

  • $1,170 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Guest Parking
  • Assigned Parking

Interior Spaces

  • 1,170 Sq Ft Home
  • Tile Flooring
  • Closed Circuit Camera

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

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 74434322410001605

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, pool(s), reserve fund, 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 Spa

Pet Policy

  • Pets Allowed

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Card or Code Access
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,865

Year Built

Built in 2008

Lot Details

0

HOA Fees

$1,170 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Year Built: 2008
  • Architectural Style: High Rise
  • Entry Level: 16
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Separate Shower
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Living Area: 1170.0
  • Stories: 21

Exterior Features

  • Exterior Features: Balcony
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Security: Closed Circuit Camera(s), Door Man, Gated with Guard, Key Card Entry, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1170.0
  • Community Features: Internet Access, Non-Gated, Property Manager On-Site, Sauna, Street Lights
  • Senior Community: No
  • Amenities: Bike Storage, Clubhouse, Fitness Center, Management, Sauna, Spa/Hot Tub, Storage, Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

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

Lot Info

  • Parcel #: 74434322410001605
  • Lot Size: East of US-1
  • Zoning Description: QGD-25

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 9865.0

Multi Family

  • Number Of Units In Community: 467

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2025
Closed on
May 15, 2025
Sold by
Habib Barry and Fortino Rosa
Bought by
Ardito Sandra
Seller's Agent
Lori Cronican
Douglas Elliman
Buyer's Agent
Lori Cronican
Douglas Elliman
List Price
$745,000
Sold Price
$745,000
Current Estimated Value
$743,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,329
Avg. Annual Appreciation
-0.61%

Purchase Details

Listed on
Feb 2, 2024
Closed on
Aug 13, 2024
Sold by
Michael C Barefoot Revocable Trust and Barefoot Michael C
Bought by
Habib Barry and Fortino Rosa
Seller's Agent
Wolfgang Velasco
Compass Florida LLC
Buyer's Agent
Lori Cronican
Douglas Elliman
List Price
$680,000
Sold Price
$605,000
Premium/Discount to List
-$75,000
-11.03%
Views
31

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.04%

Purchase Details

Closed on
May 27, 2016
Sold by
Barefoot Michael and Barefoot Michael C
Bought by
Barefoot Mihcael C and The Michael C Barfoot Revocable Trust

Purchase Details

Closed on
Aug 10, 2012
Sold by
Kolter City Plaza Ii Inc
Bought by
Barefoot Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
3.53%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ardito Sandra $745,000 First American Title Insurance
Habib Barry $605,000 New Path Title
Barefoot Mihcael C -- None Available
Barefoot Michael $270,000 K Title Company Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barefoot Michael $216,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2025 05/19/25 Sold $745,000 0.0% $637 / Sq Ft
05/19/2025 05/19/25 For Sale $745,000 +23.1% $637 / Sq Ft
08/12/2024 08/12/24 Sold $605,000 -11.0% $517 / Sq Ft
07/24/2024 07/24/24 Pending -- -- --
06/03/2024 06/03/24 For Sale $680,000 +12.4% $581 / Sq Ft
05/31/2024 05/31/24 Off Market $605,000 -- --
05/14/2024 05/14/24 Price Changed $680,000 -2.7% $581 / Sq Ft
03/11/2024 03/11/24 Price Changed $699,000 -4.2% $597 / Sq Ft
02/02/2024 02/02/24 For Sale $730,000 0.0% $624 / Sq Ft
11/30/2016 11/30/16 Rented $2,165 -9.8% --
10/31/2016 10/31/16 Under Contract -- -- --
08/04/2016 08/04/16 For Rent $2,400 -- --
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 $9,865 $392,645 -- --
2023 $9,150 $356,950 $0 $0
2022 $7,869 $324,500 $0 $0
2021 $6,906 $295,000 $0 $295,000
2020 $6,971 $295,000 $0 $295,000
2019 $7,330 $295,000 $0 $295,000
2018 $7,505 $325,000 $0 $325,000
2017 $7,352 $315,000 $0 $0
2016 $7,149 $300,000 $0 $0
2015 $6,975 $285,000 $0 $0
2014 $6,921 $280,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2025

    Lori Cronican

    Douglas Elliman

    (561) 459-2805

    87 in this area

    144 Total Sales

    Lori Cronican
    Section Image

  • C

    Seller Co-Listing Agent in 2025

    Christopher Cronican

    Douglas Elliman

    (509) 254-1608

    71 in this area

    107 Total Sales

    Christopher Cronican
    Section Image

  • W

    Seller's Agent in 2024

    Wolfgang Velasco

    Compass Florida LLC

    (561) 385-3564

    24 in this area

    57 Total Sales

    Wolfgang Velasco
    Section Image

  • P

    Seller Co-Listing Agent in 2024

    Patrick Lafferty

    Compass Florida LLC

    (561) 603-4329

    31 in this area

    71 Total Sales

    Patrick Lafferty
    Section Image

  • D

    Seller's Agent in 2016

    Dawn Liskay

    Premier Estate Properties Inc

    (772) 234-5555

    Dawn Liskay
    Section Image

  • J

    Buyer's Agent in 2016

    Jillian Pesce

    Florida's Best Realty Services

See All Agents

Map

Source: BeachesMLS

MLS Number: R11091996

BeachesMLS

APN: 74-43-43-22-41-000-1605

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

701 S Olive Ave Unit 1605, West Palm Beach, FL

This home is located at 701 S Olive Ave Unit 1605, West Palm Beach, FL 33401 since 19 May 2025 and is currently estimated at $743,671, approximately $635 per square foot. This property was built in 2008. 701 S Olive Ave Unit 1605 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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