$580,000
SOLD AUG 4, 2023

701 S Olive Ave Unit 318 West Palm Beach, FL 33401

Downtown West Palm Beach Neighborhood
1 Bed
1.5 Baths
959 Sq Ft
$806/mo HOA Fee

Recently Sold

$605 Per Sq Ft

16 Days on Market

Highlights

  • Fitness Center
  • Vaulted Ceiling
  • Great Room
  • Gated with Attendant
  • Sauna
  • 3-minute walk to Trinity Park

About This Home

As of August 2023

This home is located at 701 S Olive Ave Unit 318, West Palm Beach, FL 33401 and is currently priced at $580,000, approximately $604 per square foot. This property was built in 2008. 701 S Olive Ave Unit 318 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

Christopher Cronican

Douglas Elliman License #3391612 Listed on: 07/19/2023

Douglas Elliman

Co-Listed By

Lori Cronican

Douglas Elliman License #3389273

Douglas Elliman

Last Buyer's Agent

Lori Cronican

Douglas Elliman License #3389273

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,411

Year Built

  • Built in 2008

HOA Fees

  • $806 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Interior Spaces

  • 959 Sq Ft Home
  • Vaulted Ceiling
  • Great Room
  • Combination Dining and Living Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

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 74434322410000318

Community Details

Overview

  • Association fees include management, common areas, cable TV, hot water, insurance, maintenance structure, pool(s), reserve fund, roof, security, trash
  • 467 Units
  • High-Rise Condominium
  • Two City Plaza Condo Subdivision
  • 21-Story Property

Amenities

  • Sauna
  • Elevator
  • Bike Room

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,411

Year Built

Built in 2008

Lot Details

0

HOA Fees

$806 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: I95 to Okeechobee east to Olive, north to building valet.
  • Year Built: 2008
  • Architectural Style: High Rise
  • Entry Level: 3
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Living/Dining Room, Separate Shower, Vaulted Ceiling(s), Walk-In Closet(s)
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Carpet, Tile
  • Living Area: 959.0
  • Dining Room Type: Great Room, Laundry, Storage Room
  • Stories: 21

Exterior Features

  • Exterior Features: Balcony
  • Pool Features: None, Association, Community
  • 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, Covered, Garage

Utilities

  • Security: Gated with Guard, Fire Sprinkler System
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 806.0
  • Community Features: Gated, Property Manager On-Site, Pool, Sauna
  • Senior Community: No
  • Amenities: Bike Storage, Fitness Center, Management, Pool, Sauna, Spa/Hot Tub, Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Hot Water, Insurance, Maintenance Structure, Pool(s), Reserve Fund, Roof, Security, Trash

Lot Info

  • Parcel #: 74434322410000318
  • Lot Size: East of US-1
  • Zoning Description: QGD-25

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6411.0

Multi Family

  • Number Of Units In Community: 467

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2023
Closed on
Aug 4, 2023
Sold by
Ahmad R Esfandiary Md Pc Profit Sharing
Bought by
Conatser Vivienne V
Seller's Agent
Christopher Cronican
Douglas Elliman
Buyer's Agent
Lori Cronican
Douglas Elliman
List Price
$580,000
Sold Price
$580,000
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.09%
Original Mortgage
$290,000
Outstanding Balance
$284,691
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$294,278

Purchase Details

Listed on
Mar 3, 2022
Closed on
Mar 22, 2022
Sold by
Sophia Cuyegkeng
Bought by
Ahmad R Esfandiary Md Pc Profit Sharing Trust
Seller's Agent
Amanda Warnick
Sterling Real Estate Group LLC
Buyer's Agent
Lori Cronican
Douglas Elliman
List Price
$499,000
Sold Price
$475,000
Premium/Discount to List
-$24,000
-4.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.69%

Purchase Details

Closed on
Oct 28, 2008
Sold by
Kolter City Plaza Ii Inc
Bought by
Cuyegkeng Sophia
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 $580,000 First American Title Insurance
Warranty Deed $475,000 Kyle Felty Pa
Special Warranty Deed $270,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $290,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2025 07/22/25 Pending -- -- --
07/21/2025 07/21/25 For Sale $650,000 +12.1% $678 / Sq Ft
08/04/2023 08/04/23 Sold $580,000 0.0% $605 / Sq Ft
07/19/2023 07/19/23 For Sale $580,000 +22.1% $605 / Sq Ft
03/22/2022 03/22/22 Sold $475,000 -4.8% $495 / Sq Ft
03/03/2022 03/03/22 For Sale $499,000 0.0% $520 / Sq Ft
10/18/2018 10/18/18 For Rent $1,925 +1.3% --
10/18/2018 10/18/18 Rented $1,900 +2.7% --
07/29/2016 07/29/16 Rented $1,850 0.0% --
06/29/2016 06/29/16 Under Contract -- -- --
05/25/2016 05/25/16 For Rent $1,850 -- --
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 $8,934 $450,000 -- --
2023 $9,479 $430,000 $0 $430,000
2022 $6,411 $278,300 $0 $0
2021 $5,951 $253,000 $0 $253,000
2020 $5,547 $233,000 $0 $233,000
2019 $5,879 $235,000 $0 $235,000
2018 $5,581 $240,000 $0 $240,000
2017 $5,401 $230,000 $0 $0
2016 $5,744 $240,000 $0 $0
2015 $5,533 $225,000 $0 $0
2014 $5,205 $209,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2025

    Christopher Cronican

    Douglas Elliman

    (509) 254-1608

    67 in this area

    103 Total Sales

    Christopher Cronican
    Section Image

  • L

    Seller Co-Listing Agent in 2025

    Lori Cronican

    Douglas Elliman

    (561) 459-2805

    82 in this area

    140 Total Sales

    Lori Cronican
    Section Image
  • Amanda Warnick

    Seller's Agent in 2022

    Amanda Warnick

    Sterling Real Estate Group LLC

    (561) 301-1191

    24 in this area

    47 Total Sales

    Amanda Warnick
    Section Image
  • Ivy Lipkin Jimenez

    Seller's Agent in 2018

    Ivy Lipkin Jimenez

    IJL Real Estate Group LLC

    (561) 271-1490

    12 in this area

    46 Total Sales

    Ivy Lipkin Jimenez
    Section Image
  • Rosalind Clarke

    Buyer's Agent in 2018

    Rosalind Clarke

    Premier Estate Properties, Inc

    (561) 818-6351

    5 in this area

    36 Total Sales

    Rosalind Clarke
    Section Image

  • E

    Buyer's Agent in 2016

    Elena Fleck

    Redfin Corporation

    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10910146

BeachesMLS

APN: 74-43-43-22-41-000-0318

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

701 S Olive Ave Unit 318, West Palm Beach, FL

This home is located at 701 S Olive Ave Unit 318, West Palm Beach, FL 33401 and is currently priced at $580,000, approximately $604 per square foot. This property was built in 2008. 701 S Olive Ave Unit 318 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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