NOT LISTED FOR SALE

701 S Olive Ave Unit 621 West Palm Beach, FL 33401

Downtown West Palm Beach Neighborhood

Estimated Value: $942,000 - $1,066,000

2 Beds
2 Baths
1,476 Sq Ft
$1,226/mo HOA Fee

Last Sold June 27, 2023

Last sale price $895,000 $606 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $8,374/month

197 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Clubhouse
  • Property fronts an intracoastal waterway
  • 43,560 Sq Ft lot
  • 3-minute walk to Trinity Park

About This Home

As of June 2023

Spectacular View facing North! 2/2 with DEN! Gorgeous Rooftop Pool with new RH furniture surrounded by intercoastal views. High ceilings, Full service building with concierge, security, state of art gym, club and movie rooms, in the Heart Beat of Downtown West Palm! Walking distance to shops, bars and restaurants. Full Service Valet, 24 Concierge, Trolley pick-up, Massage & Treatment Rooms

Last Agent to Sell the Property

Lisa Gonzalez

Keller Williams Realty Jupiter License #3462834 Listed on: 12/02/2022

Keller Williams Realty Jupiter

Co-Listed By

Jennifer Burkell

Keller Williams Realty Jupiter License #3531398

Last Buyer's Agent

MICHELLE ESPOSITO, PA

Douglas Elliman License #3350618

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,792

Year Built

  • Built in 2008

Lot Details

  • Property fronts an intracoastal waterway

HOA Fees

  • $1,226 Monthly HOA Fees

Parking

  • 1 Car Garage
  • On-Street Parking
  • Assigned Parking

Home Design

  • Spanish Tile Roof
  • Tile Roof

Interior Spaces

  • 1,476 Sq Ft Home
  • Ceiling Fan
  • Great Room
  • Dining Room
  • Den
  • Sun or Florida Room
  • Intracoastal Views
  • Closed Circuit Camera

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 74434322410000621

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, maintenance structure, parking, pest control, pool(s), reserve fund, sewer, security, water
  • High-Rise Condominium
  • Two City Plaza Condo Subdivision
  • 21-Story Property

Amenities

  • Doorman
  • Sauna
  • Clubhouse
  • Game Room
  • Business Center
  • Elevator
  • Bike Room
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa
  • Park
  • Trails

Security

  • Security Guard
  • Impact Glass
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,792

Year Built

Built in 2008

Lot Details

0

HOA Fees

$1,226 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: I95 to Okeechobee Blvd., go East to Olive Avenue
  • Year Built: 2008
  • Architectural Style: High Rise
  • Entry Level: 6
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Bar, Dual Sinks, Split Bedrooms, Separate Shower
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer/Dryer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Marble, Tile
  • Living Area: 1476.0
  • Dining Room Type: Den, Great Room, Laundry, Dining Room, Florida Room
  • Stories: 21
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Balcony
  • View: Intercoastal, Water
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Intracoastal Access
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Resale
  • Roof: Spanish Tile, Tile

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Assigned, Covered, Garage, On Street

Utilities

  • Security: Closed Circuit Camera(s), Door Man, Security Guard, Fire Sprinkler System
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1226.0
  • Community Features: Game Room, Non-Gated, Park, Pool, Sauna
  • Senior Community: No
  • Amenities: Bike Storage, Business Center, Clubhouse, Fitness Center, Pool, Sauna, Spa/Hot Tub, Storage, Trail(s), Trash, Elevator(s)
  • Association Fee Frequency: Monthly

Fee Information

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

Lot Info

  • Parcel #: 74434322410000621
  • Lot Size: 1 to < 2 Acres
  • Lot Size Sq Ft: 43560.0
  • Zoning Description: QGD-25
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7792.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2022
Closed on
Jun 27, 2023
Sold by
Mcclellan Joanne
Bought by
Bissonnette Zac
Seller's Agent
Lisa Gonzalez
Keller Williams Realty Jupiter
Buyer's Agent
MICHELLE ESPOSITO, PA
Douglas Elliman
List Price
$1,049,000
Sold Price
$895,000
Premium/Discount to List
-$154,000
-14.68%
Views
44
Current Estimated Value
$1,010,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,871
Avg. Annual Appreciation
6.05%

Purchase Details

Closed on
Mar 8, 2016
Sold by
Trousseau Of The Palm Beaches Inc
Bought by
Mcclellan Joanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 19, 2015
Sold by
Mcclellan Joanne
Bought by
Trousseau Of The Palm Beaches Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,800
Interest Rate
3.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 28, 2009
Sold by
Kolter City Plaza Ii Inc
Bought by
Mcclellan Joanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.24%
Mortgage Type
Balloon
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
Bissonnette Zac $895,000 None Listed On Document
Mcclellan Joanne $167,843 First American Title Insuran
Trousseau Of The Palm Beaches Inc $162,896 First American Title Ins Co
Mcclellan Joanne $475,000 Title Matters Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcclellan Joanne $360,000
Previous Owner Trousseau Of The Palm Beaches Inc $338,800
Previous Owner Mcclellan Joanne $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2023 06/27/23 Sold $895,000 -5.7% $606 / Sq Ft
05/07/2023 05/07/23 Price Changed $949,000 -3.1% $643 / Sq Ft
03/28/2023 03/28/23 Price Changed $979,000 -5.3% $663 / Sq Ft
02/05/2023 02/05/23 Price Changed $1,034,000 -1.4% $701 / Sq Ft
12/12/2022 12/12/22 For Sale $1,049,000 -- $711 / 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 $18,203 $840,000 -- --
2023 $7,682 $403,894 $0 $0
2022 $7,792 $392,130 $0 $0
2021 $7,770 $380,709 $0 $0
2020 $7,726 $375,453 $0 $0
2019 $7,920 $367,012 $0 $0
2018 $7,211 $360,169 $0 $0
2017 $7,117 $352,761 $0 $0
2016 $9,843 $415,000 $0 $0
2015 $6,989 $327,761 $0 $0
2014 $6,993 $325,160 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2023

    Lisa Gonzalez

    Keller Williams Realty Jupiter

    (561) 310-2886

    1 in this area

    41 Total Sales

    Lisa Gonzalez
    Section Image

  • J

    Seller Co-Listing Agent in 2023

    Jennifer Burkell

    Keller Williams Realty Jupiter

    (561) 617-4075

    1 in this area

    10 Total Sales

    Jennifer Burkell
    Section Image

  • M

    Buyer's Agent in 2023

    MICHELLE ESPOSITO, PA

    Douglas Elliman

    (561) 655-8600

    5 in this area

    16 Total Sales

    MICHELLE ESPOSITO, PA
    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10849598

BeachesMLS

APN: 74-43-43-22-41-000-0621

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

701 S Olive Ave Unit 621, West Palm Beach, FL

This home is located at 701 S Olive Ave Unit 621, West Palm Beach, FL 33401 since 02 December 2022 and is currently estimated at $1,010,871, approximately $684 per square foot. This property was built in 2008. 701 S Olive Ave Unit 621 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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