NOT LISTED FOR SALE

701 S Olive Ave Unit 2010 West Palm Beach, FL 33401

Downtown West Palm Beach Neighborhood

Estimated Value: $5,146,000 - $5,720,556

3 Beds
3.5 Baths
3,753 Sq Ft
$3,496/mo HOA Fee

Last Sold June 21, 2024

Last sale price $5,950,000 $1,585 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $37,433/month

48 Days on Market

Highlights

  • Ocean View
  • Clubhouse
  • Marble Flooring
  • Fitness Center
  • Roman Tub
  • 3-minute walk to Trinity Park

About This Home

As of June 2024

Step into the epitome of urban luxury living with this exquisite penthouse residence nestled in the coveted Two City Plaza. Boasting unparalleled elegance and panoramic views, this sophisticated residence offers a lifestyle of opulence in the heart of West Palm Beach.Upon entering, you're greeted by an elegant foyer that sets the tone for the grandeur that awaits. Adorned with expansive floor to ceiling sliding doors framing sweeping views of the intracoastal waterway, Atlantic Ocean and Palm Beach Island. Every corner of this residence is a masterpiece of design and comfort.Spanning nearly 3,800 living square feet, this meticulously crafted penthouse features an open plan layout seamlessly designed to connect the living, family, formal dining, kitchen and breakfast areas, providing the

Last Agent to Sell the Property

Ivy Lipkin Jimenez

IJL Real Estate Group LLC License #3085846 Listed on: 02/15/2024

Last Buyer's Agent

Elise Roberts-Messing

Compass Florida, LLC. License #3475465

Compass Florida, LLC.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $37,123

Year Built

  • Built in 2008

Lot Details

  • 1

HOA Fees

  • $3,496 Monthly HOA Fees

Parking

  • Over 1 Space Per Unit
  • Assigned Parking

Property Views

  • Ocean
  • Intracoastal

Interior Spaces

  • 3,753 Sq Ft Home
  • Built-In Features
  • Bar
  • Blinds
  • Sliding Windows
  • Entrance Foyer
  • Great Room
  • Family Room
  • Open Floorplan
  • Den
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer and Dryer
  • Laundry Tub

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 74434322410002010

Community Details

Overview

  • Association fees include common areas, cable TV, hot water, insurance, water, internet
  • Built by Kolter Homes
  • Two City Plaza Condo Subdivision
  • 21-Story Property

Amenities

  • Sauna
  • Clubhouse
  • Bike Room
  • Community Storage Space
  • Community Wi-Fi

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$37,123

Year Built

Built in 2008

Lot Details

0

HOA Fees

$3,496 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Okeechobee Blvd East to Olive Ave. Make a left on Olive Ave, heading north. Two City Plaza is the 2nd building on the left across from the Hyatt Place Hotel.
  • Year Built: 2008
  • Entry Level: 20
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Bidet, Built-in Features, Breakfast Area, Closet Cabinetry, Dual Sinks, Entrance Foyer, Eat-in Kitchen, Family/Dining Room, Garden Tub/Roman Tub, Living/Dining Room, Pantry, Split Bedrooms, Separate Shower, Stacked Bedrooms, Bar, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Marble, Wood
  • Living Area: 3753.0
  • Dining Room Type: Den, Family Room, Great Room, Laundry, Storage Room
  • Stories: 21
  • Window Features: Blinds, Impact Glass, Sliding

Exterior Features

  • Exterior Features: Balcony
  • View: Intercoastal, Ocean, Water
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront: No
  • Builder Name: Kolter Homes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Assigned, Attached, Covered, Garage, Two or More Spaces

Utilities

  • Laundry Features: Laundry Tub
  • Security: Security System, Fire Sprinkler System, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • 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: 3496.0
  • Community Features: Internet Access, Non-Gated, Property Manager On-Site, Pool, Sauna
  • Senior Community: No
  • Amenities: Bike Storage, Clubhouse, Fitness Center, Management, Pool, Sauna, Spa/Hot Tub, Storage, Trash
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Hot Water, Insurance, Water, Internet

Lot Info

  • Parcel #: 74434322410002010
  • Lot Size: East of US-1
  • Zoning Description: QGD-25

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 37123.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2024
Closed on
Jun 21, 2024
Sold by
Rosenberg Steven Lee and Rosenberg Chris Davis
Bought by
Marlene I Childs Revocable Trust and Childs
Seller's Agent
Ivy Lipkin Jimenez
IJL Real Estate Group LLC
Buyer's Agent
Elise Roberts-Messing
Compass Florida, LLC.
List Price
$6,100,000
Sold Price
$5,950,000
Premium/Discount to List
-$150,000
-2.46%
Views
35
Current Estimated Value
$5,523,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$426,481
Avg. Annual Appreciation
-7.17%

Purchase Details

Closed on
Jan 24, 2012
Sold by
Kolter City Plaza Ii Inc
Bought by
Rosenberg S Lee
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 Buyer Sale Price Title Company
Marlene I Childs Revocable Trust $5,950,000 None Listed On Document
Rosenberg S Lee $1,650,000 K Title Company Llc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2024 06/21/24 Sold $5,950,000 -2.5% $1,585 / Sq Ft
04/04/2024 04/04/24 Pending -- -- --
02/16/2024 02/16/24 For Sale $6,100,000 -- $1,625 / 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 $37,998 $1,806,619 -- --
2023 $37,123 $1,753,999 $0 $0
2022 $36,826 $1,702,912 $0 $0
2021 $36,838 $1,653,313 $0 $0
2020 $36,675 $1,630,486 $0 $0
2019 $37,701 $1,593,828 $0 $0
2018 $34,587 $1,564,110 $0 $0
2017 $34,299 $1,531,939 $0 $0
2016 $34,274 $1,500,430 $0 $0
2015 $34,937 $1,490,000 $0 $0
2014 $35,022 $1,480,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ivy Lipkin Jimenez

    Seller's Agent in 2024

    Ivy Lipkin Jimenez

    IJL Real Estate Group LLC

    (561) 271-1490

    12 in this area

    47 Total Sales

    Ivy Lipkin Jimenez
    Section Image
  • Elise Roberts-Messing

    Buyer's Agent in 2024

    Elise Roberts-Messing

    Compass Florida, LLC.

    (917) 689-2734

    1 in this area

    14 Total Sales

    Elise Roberts-Messing
    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10959910

BeachesMLS

APN: 74-43-43-22-41-000-2010

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

701 S Olive Ave Unit 2010, West Palm Beach, FL

This home is located at 701 S Olive Ave Unit 2010, West Palm Beach, FL 33401 since 15 February 2024 and is currently estimated at $5,523,519, approximately $1,471 per square foot. This property was built in 2008. 701 S Olive Ave Unit 2010 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.

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