701 S Olive Ave Unit 516 West Palm Beach, FL 33401
Downtown West Palm Beach Neighborhood
2
Beds
2
Baths
1,476
Sq Ft
$895/mo
HOA Fee
Highlights
- Doorman
- Fitness Center
- Vaulted Ceiling
- Property fronts an intracoastal waterway
- Clubhouse
- 3-minute walk to Trinity Park
About This Home
As of March 2024Enjoy clear Intracoastal views and twinkling lights from this glamorous 2 bedroom, 2 bath plus 3rd bonus room that can function as a den, office, or dining room. Boasting 14' ceilings with customized kitchen, and lovely millwork throughout. Conveniently located on the ''club floor'' featuring a fabulous fitness center, party/card room, and private theater. Considered one of West Palm's most desirable full service buildings with a magnificent rooftop pool deck, outdoor kitchen, and breathtaking expansive views clear to the Ocean and all of Palm Beach Island. Assigned garage parking, extra storage, plus pets with no weight restrictions permitted.Nearby dining, shopping, cultural activities, and minutes to PBI Airport.
Last Agent to Sell the Property
Sotheby's Intl. Realty, Inc. License #3229026 Listed on: 11/26/2019
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $8,213
Year Built
- Built in 2008
Lot Details
- Property fronts an intracoastal waterway
HOA Fees
- $895 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Garage Door Opener
- Assigned Parking
Property Views
- Intracoastal
- Lake
- Pool
Interior Spaces
- 1,476 Sq Ft Home
- Vaulted Ceiling
- Sliding Windows
- Entrance Foyer
- Formal Dining Room
- Closed Circuit Camera
Kitchen
- Eat-In Kitchen
- Built-In Oven
- Electric Range
- Microwave
- Ice Maker
- Dishwasher
- Disposal
Flooring
- Carpet
- Marble
Bedrooms and Bathrooms
- 2 Bedrooms
- Split Bedroom Floorplan
- Closet Cabinetry
- Walk-In Closet
- 2 Full Bathrooms
- Roman Tub
Laundry
- Laundry Room
- Dryer
- Washer
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Municipal Trash
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 74434322410000516
Community Details
Overview
- Association fees include management, cable TV, HVAC, insurance, parking, pest control, pool(s), recreation facilities, reserve fund, roof, sewer, trash, water
- 467 Units
- Two City Plaza Subdivision
- 21-Story Property
Amenities
- Doorman
- Clubhouse
- Game Room
- Elevator
- Bike Room
- Community Storage Space
Recreation
- Fitness Center
- Community Pool
Pet Policy
- Pets Allowed
Security
- Security Guard
- Resident Manager or Management On Site
- Impact Glass
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 23, 2024
Sold by
Tylander Georgia M and Tylander William H
Bought by
Georgia M Tylander Revocable Trust and Tylander
Current Estimated Value
Purchase Details
Listed on
Sep 1, 2023
Closed on
Mar 19, 2024
Sold by
Sino Alex and Sino Family Living Trust
Bought by
Tylander William H and Tylander Georgia M
Seller's Agent
Fern Fodiman
Sotheby's International Realty, Inc.
Buyer's Agent
Catharine Strickler
Brown Harris Stevens of Palm Beach 5225
List Price
$1,249,000
Sold Price
$1,100,000
Premium/Discount to List
-$149,000
-11.93%
Views
98
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.56%
Purchase Details
Listed on
Feb 17, 2021
Closed on
Apr 29, 2021
Sold by
Salomon Lisa
Bought by
Sino Alex and Sino Marina
Seller's Agent
Fern Fodiman
Sotheby's International Realty, Inc.
Buyer's Agent
Fern Fodiman
Sotheby's International Realty, Inc.
List Price
$550,000
Sold Price
$550,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.10%
Purchase Details
Closed on
Oct 19, 2012
Sold by
Kolter City Plaza Ii Inc
Bought by
Salomon Lisa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
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 | -- | None Listed On Document | |
| Warranty Deed | $1,100,000 | None Listed On Document | |
| Warranty Deed | $510,300 | Attorney | |
| Special Warranty Deed | $409,000 | K Title Company Llc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $250,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/19/2024 03/19/24 | Sold | $1,100,000 | -11.9% | $745 / Sq Ft |
| 02/22/2024 02/22/24 | Pending | -- | -- | -- |
| 09/01/2023 09/01/23 | For Sale | $1,249,000 | +127.1% | $846 / Sq Ft |
| 04/30/2021 04/30/21 | Sold | $550,000 | 0.0% | $373 / Sq Ft |
| 04/30/2021 04/30/21 | Sold | $550,000 | 0.0% | $373 / Sq Ft |
| 03/31/2021 03/31/21 | Pending | -- | -- | -- |
| 03/08/2021 03/08/21 | Pending | -- | -- | -- |
| 02/17/2021 02/17/21 | For Sale | $550,000 | -2.7% | $373 / Sq Ft |
| 11/26/2019 11/26/19 | For Sale | $565,000 | -- | $383 / 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 | $18,738 | $865,000 | -- | -- |
| 2023 | $9,426 | $470,045 | $0 | $0 |
| 2022 | $9,327 | $456,354 | $0 | $0 |
| 2021 | $8,390 | $402,654 | $0 | $0 |
| 2020 | $8,343 | $397,095 | $0 | $0 |
| 2019 | $8,553 | $388,167 | $0 | $0 |
| 2018 | $7,803 | $380,929 | $0 | $0 |
| 2017 | $7,706 | $373,094 | $0 | $0 |
| 2016 | $7,687 | $365,420 | $0 | $0 |
| 2015 | $7,833 | $362,880 | $0 | $0 |
| 2014 | $7,839 | $360,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
Fern Fodiman
Sotheby's International Realty, Inc.
(917) 400-5624
9 in this area
74 Total Sales
-
C
Buyer's Agent in 2024
Catharine Strickler
Brown Harris Stevens of Palm Beach 5225
(502) 767-2522
1 in this area
4 Total Sales
Map
Source: BeachesMLS
MLS Number: R10581191
APN: 74-43-43-22-41-000-0516
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