$2,888,340
SOLD JUL 24, 2025

701 S Olive Ave Unit 1811 West Palm Beach, FL 33401

Downtown West Palm Beach Neighborhood
2 Beds
2.5 Baths
2,168 Sq Ft
$2,168/mo HOA Fee

Recently Sold

$1,332 Per Sq Ft

7% Below List Price

2 Days on Market

Highlights

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

About This Home

As of July 2025

Welcome home to incredible waters views! From the moment you enter this spectacular penthouse residence, you know you have stepped in a truly magnificent home in the sky; with breathtaking panoramic ocean and intracoastal views, which are encapsulated by floor-to-ceiling 10-ft sliding doors that expand from full living room, to master to kitchen. Boasting 2,168sqft, this one-of-a-kind residence welcomes you with some of the best views in Downtown. Amenities in this full-service building are endless; 24-hr security, concierge, roof top pool with towel service coming soon, hot tub, sauna, steam room, fully renovated state of the art fitness center/gym, outdoor kitchen w/ BBQ area and all NEW Restoration Hardware furniture, outdoor & indoor movie theaters, club room, table tennis...

Last Agent to Sell the Property

Lori Cronican

Douglas Elliman License #3389273 Listed on: 07/22/2025

Douglas Elliman

Co-Listed By

Christopher Cronican

Douglas Elliman License #3391612

Last Buyer's Agent

Stephanie Mordes

Aquantis Realty LLC License #3420974

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $29,684

Year Built

  • Built in 2008

Lot Details

  • Ocean Front
  • Property fronts an intracoastal waterway

HOA Fees

  • $2,168 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Guest Parking
  • Assigned Parking

Property Views

  • Ocean
  • Intracoastal

Interior Spaces

  • 2,168 Sq Ft Home
  • Furnished or left unfurnished upon request
  • Vaulted Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Windows
  • Entrance Foyer
  • Combination Dining and Living Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • Bidet
  • Dual Sinks
  • Roman Tub
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer
  • Laundry Tub

Home Security

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 74434322410001811

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, maintenance structure, pest control, pool(s), reserve fund, roof, sewer, security, trash, internet
  • 467 Units
  • High-Rise Condominium
  • Built by Kolter Homes
  • 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

Property Details

Home Type

Condominium

Est. Annual Taxes

$29,684

Year Built

Built in 2008

Lot Details

0

HOA Fees

$2,168 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: I-95 East on Okeechobee, North on Olive Ave, 2nd block on left, directly across from Hyatt Hotel. Complimentary valet parking available.
  • Year Built: 2008
  • Architectural Style: High Rise
  • Entry Level: 18
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Bidet, Breakfast Area, Closet Cabinetry, Dual Sinks, Entrance Foyer, Eat-in Kitchen, Garden Tub/Roman Tub, High Ceilings, Living/Dining Room, Pantry, Split Bedrooms, Separate Shower, Vaulted Ceiling(s), Walk-In Closet(s)
  • Furnished: Negotiable
  • Spa Features: Community
  • Appliances: Cooktop, Dryer, Dishwasher, Electric Range, Electric Water Heater, Ice Maker, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet, Marble
  • Living Area: 2168.0
  • Dining Room Type: Laundry, Storage Room
  • Stories: 21
  • Window Features: Blinds, Impact Glass, Sliding

Exterior Features

  • Exterior Features: Balcony
  • View: Intercoastal, Ocean
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Intracoastal Access, Ocean Front
  • Waterfront: Yes
  • Builder Name: Kolter Homes
  • 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

  • Laundry Features: Laundry Tub
  • Security: Door Man, Gated with Guard, Key Card Entry, Fire Sprinkler System, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s)
  • 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: 2168.0
  • Community Features: Internet Access, Non-Gated, Park, Property Manager On-Site, Pool, Sauna, Street Lights, Sidewalks
  • Senior Community: No
  • Amenities: Bike Storage, Clubhouse, Fitness Center, Management, Pool, Sauna, Spa/Hot Tub, Storage, Trail(s), Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Maintenance Structure, Pest Control, Pool(s), Reserve Fund, Roof, Sewer, Security, Trash, Internet

Lot Info

  • Parcel #: 74434322410001811
  • Lot Size: East of US-1,Sidewalks
  • Zoning Description: QGD-25

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 29684.0

Multi Family

  • Number Of Units In Community: 467

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2021
Closed on
Dec 2, 2021
Sold by
Otterman Lloyd and Otterman Kathy
Bought by
Habib Barry
Seller's Agent
Lori Cronican
Douglas Elliman
Buyer's Agent
Christopher Cronican
Douglas Elliman
List Price
$2,625,000
Sold Price
$2,462,500
Premium/Discount to List
-$162,500
-6.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.65%

Purchase Details

Closed on
Oct 25, 2011
Sold by
Kolter City Plaza Ii Inc
Bought by
Otterman Lloyd
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $2,462,500 First American Title Ins Co
Special Warranty Deed $900,000 K Title Company Llc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2025 07/24/25 Sold $2,888,341 -6.8% $1,332 / Sq Ft
07/24/2025 07/24/25 Pending -- -- --
07/22/2025 07/22/25 For Sale $3,100,000 +25.9% $1,430 / Sq Ft
12/02/2021 12/02/21 Sold $2,462,500 -6.2% $1,136 / Sq Ft
11/02/2021 11/02/21 Pending -- -- --
08/12/2021 08/12/21 For Sale $2,625,000 -- $1,211 / 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 $29,684 $1,359,556 -- --
2023 $27,537 $1,235,960 $0 $0
2022 $24,986 $1,123,600 $0 $0
2021 $18,312 $838,862 $0 $0
2020 $18,225 $827,280 $0 $0
2019 $18,719 $808,680 $0 $0
2018 $17,145 $793,602 $0 $0
2017 $16,982 $777,279 $0 $0
2016 $16,960 $761,292 $0 $0
2015 $17,287 $756,000 $0 $0
2014 $17,304 $750,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2025

    Lori Cronican

    Douglas Elliman

  • C

    Seller Co-Listing Agent in 2025

    Christopher Cronican

    Douglas Elliman

  • S

    Buyer's Agent in 2025

    Stephanie Mordes

    Aquantis Realty LLC

See All Agents

Map

Source: BeachesMLS

MLS Number: R11110071

BeachesMLS

APN: 74-43-43-22-41-000-1811

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

701 S Olive Ave Unit 1811, West Palm Beach, FL

This home is located at 701 S Olive Ave Unit 1811, West Palm Beach, FL 33401 and is currently priced at $2,888,340, approximately $1,332 per square foot. This property was built in 2008. 701 S Olive Ave Unit 1811 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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