701 S Olive Ave Unit 1605 West Palm Beach, FL 33401
Downtown West Palm Beach Neighborhood
2
Beds
2
Baths
1,170
Sq Ft
$1,170/mo
HOA Fee
Highlights
- Doorman
- Gated with Attendant
- Sauna
- Fitness Center
- Clubhouse
- 3-minute walk to Trinity Park
About This Home
As of May 2025This home is located at 701 S Olive Ave Unit 1605, West Palm Beach, FL 33401 and is currently priced at $745,000, approximately $636 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
Douglas Elliman License #3389273 Listed on: 05/19/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $9,865
Year Built
- Built in 2008
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
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,178
Avg. Annual Appreciation
6.96%
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
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 | $745,000 | First American Title Insurance | |
| Warranty Deed | $605,000 | New Path Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Special Warranty Deed | $270,000 | K Title Company Llc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $216,000 | New Conventional |
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
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
-
Lori Cronican
L
Seller's Agent in 2025
Lori Cronican
Douglas Elliman
(561) 459-2805
87 in this area
143 Total Sales
-
Christopher Cronican
C
Seller Co-Listing Agent in 2025
Christopher Cronican
Douglas Elliman
(509) 254-1608
71 in this area
107 Total Sales
-
Wolfgang Velasco
W
Seller's Agent in 2024
Wolfgang Velasco
Compass Florida LLC
(561) 385-3564
24 in this area
57 Total Sales
-
Patrick Lafferty
P
Seller Co-Listing Agent in 2024
Patrick Lafferty
Compass Florida LLC
(561) 603-4329
31 in this area
71 Total Sales
-
Dawn Liskay
D
Seller's Agent in 2016
Dawn Liskay
Premier Estate Properties Inc
(772) 234-5555
-
J
Buyer's Agent in 2016
Jillian Pesce
Florida's Best Realty Services
Map
Source: BeachesMLS
MLS Number: R11091996
APN: 74-43-43-22-41-000-1605
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