701 S Olive Ave Unit 2118 West Palm Beach, FL 33401
Downtown West Palm Beach Neighborhood
2
Beds
2.5
Baths
1,593
Sq Ft
$892/mo
HOA Fee
Highlights
- Doorman
- Fitness Center
- 75,771 Sq Ft lot
- Ocean View
- Gated with Attendant
- 3-minute walk to Trinity Park
About This Home
As of September 2018Rare opportunity to own a luxury penthouse in Two City Plaza. 2 Bedroom /2.5 Bath exclusive penthouse offers 2 balconies; one off master w/ unobstructed skyline sunset views & 2nd balcony offers NE ocean/intercoastal views. The master-suite is beautiful w/ luxury bathroom; amazing view from full window over roman tub, private water closet w/ bidet & amazing oversized walk-in custom fitted closet. Expansive windows, 14' ceilings w/ crown molding, marble floors & European kitchen. Amenities in this full-service building include; 24hr security, concierge, roof top pool/hot tub, sauna/steam rooms, outdoor kitchen & BBQ area, outdoor & indoor movie theaters, club room, courtyard, fitness center, dedicated dog area, complimentary valet parking & exceptional staff. Contact us to schedule showing.
Last Agent to Sell the Property
Douglas Elliman License #3389273 Listed on: 02/28/2018
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $11,597
Year Built
- Built in 2008
Lot Details
- Sprinkler System
HOA Fees
- $892 Monthly HOA Fees
Parking
- 1 Car Garage
- Guest Parking
- Assigned Parking
Property Views
- Ocean
- Intracoastal
Home Design
- Spanish Tile Roof
- Tile Roof
Interior Spaces
- 1,593 Sq Ft Home
- Custom Mirrors
- High Ceiling
- Blinds
- Entrance Foyer
- Combination Dining and Living Room
Kitchen
- Built-In Oven
- Electric Range
- Microwave
- Ice Maker
- Dishwasher
- Disposal
Flooring
- Wood
- Marble
Bedrooms and Bathrooms
- 2 Bedrooms
- Closet Cabinetry
- Walk-In Closet
- Roman Tub
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Home Security System
- Intercom
Outdoor Features
- Balcony
- Open Patio
Utilities
- Central Heating and Cooling System
- Municipal Trash
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 74434322410002118
Community Details
Overview
- Association fees include management, common areas, cable TV, HVAC, hot water, insurance, maintenance structure, parking, pest control, pool(s), roof, sewer, security, trash, water
- 467 Units
- High-Rise Condominium
- Two City Plaza Condo Subdivision
- 21-Story Property
Amenities
- Doorman
- Sauna
- Clubhouse
- Business Center
- Bike Room
- Elevator
Recreation
- Fitness Center
- Community Pool
- Community Spa
Pet Policy
- Pets Allowed
Security
- Gated with Attendant
- Resident Manager or Management On Site
- Impact Glass
- Fire and Smoke Detector
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 15, 2025
Sold by
Metzger Joe G
Bought by
Joe G Metzger Revocable Trust and Metzger
Current Estimated Value
Purchase Details
Closed on
Feb 1, 2021
Sold by
Mcdonald Grant J and Mcdonald Carol M
Bought by
Metzger Joe G
Purchase Details
Listed on
Feb 28, 2018
Closed on
Sep 21, 2018
Sold by
Gorman Thomas J and Gorman Thomas J
Bought by
Mcdonald Grant J
Seller's Agent
Lori Cronican
Douglas Elliman
Buyer's Agent
ELIZABETH (LISA) SABOL-DONO
Compass Florida LLC (PB)
List Price
$825,000
Sold Price
$705,000
Premium/Discount to List
-$120,000
-14.55%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.18%
Purchase Details
Closed on
Jun 30, 2014
Sold by
Gorman Thomas J
Bought by
Gorman Thomas J and The Thomas J Gorman Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.44%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 14, 2014
Sold by
Ulrich Laurel
Bought by
Gorman Thomas J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.44%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 21, 2011
Sold by
Kolter City Plaza Ii Inc
Bought by
Ulrich Laurel
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 |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $776,000 | Attorney | |
| Deed | $705,000 | Attorney | |
| Interfamily Deed Transfer | -- | Attorney | |
| Warranty Deed | $400,000 | Attorney | |
| Special Warranty Deed | $499,000 | K Title Company Llc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $300,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/16/2020 11/16/20 | Rented | $4,700 | -27.7% | -- |
| 10/17/2020 10/17/20 | Under Contract | -- | -- | -- |
| 07/24/2020 07/24/20 | For Rent | $6,500 | 0.0% | -- |
| 09/21/2018 09/21/18 | Sold | $705,000 | -14.5% | $443 / Sq Ft |
| 08/22/2018 08/22/18 | Pending | -- | -- | -- |
| 02/28/2018 02/28/18 | For Sale | $825,000 | -- | $518 / Sq Ft |
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 | $21,095 | $975,000 | -- | -- |
| 2023 | $13,300 | $649,621 | $0 | $0 |
| 2022 | $13,173 | $630,700 | $0 | $0 |
| 2021 | $11,683 | $505,000 | $0 | $505,000 |
| 2020 | $11,450 | $490,000 | $0 | $490,000 |
| 2019 | $12,286 | $500,000 | $0 | $500,000 |
| 2018 | $11,693 | $510,000 | $0 | $510,000 |
| 2017 | $11,597 | $500,000 | $0 | $0 |
| 2016 | $8,756 | $411,046 | $0 | $0 |
| 2015 | $8,923 | $408,189 | $0 | $0 |
| 2014 | $11,168 | $455,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
ELIZABETH (LISA) SABOL-DONO
E
Seller's Agent in 2020
ELIZABETH (LISA) SABOL-DONO
Compass Florida LLC (PB)
(305) 851-2820
3 in this area
41 Total Sales
-
Lori Cronican
L
Seller's Agent in 2018
Lori Cronican
Douglas Elliman
(561) 459-2805
87 in this area
143 Total Sales
-
Christopher Cronican
C
Seller Co-Listing Agent in 2018
Christopher Cronican
Douglas Elliman
(509) 254-1608
71 in this area
107 Total Sales
Map
Source: BeachesMLS
MLS Number: R10409817
APN: 74-43-43-22-41-000-2118
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