SOLD JAN 2, 2025
RENTED MAY 23, 2025
701 S Olive Ave Unit 806 West Palm Beach, FL 33401
Downtown West Palm Beach Neighborhood
2
Beds
2
Baths
1,170
Sq Ft
$1,121/mo
HOA Fee
Highlights
- Fitness Center
- Garden View
- Community Pool
- Clubhouse
- Sauna
- 3-minute walk to Trinity Park
About This Home
As of January 2025Discover the epitome of luxury living in the iconic Two City Plaza Luxury building in the heart of downtown West Palm Beach. This pristine residence features 2 bedrooms and 2 baths, including a premium garage parking space on Mez level. The main living areas offer elegant marble flooring, enjoy ultra-high ceilings and a light-open kitchen with light granite countertops to give this residence a spacious airy-feel. Recent upgrades include a newer HVAC system, water heater, and washer/dryer. The master suite is a sanctuary with a spacious bathroom featuring dual sinks, a vanity area, an all-marble shower, and a soaking tub. A large fitted walk-in closet and a linen closet provide ample storage. The second bedroom offers generous space for versatility. This home boasts serene views of the...
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $8,144
Year Built
- Built in 2008
HOA Fees
- $1,121 Monthly HOA Fees
Parking
- 1 Car Garage
Interior Spaces
- 1,170 Sq Ft Home
- Combination Dining and Living Room
- Garden Views
Kitchen
- Breakfast Bar
- Electric Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- 2 Full Bathrooms
- Dual Sinks
- Separate Shower in Primary Bathroom
Laundry
- Laundry Room
- Washer and Dryer
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 74434322410000806
Community Details
Overview
- Association fees include management, common areas, cable TV, insurance, pest control, pool(s), reserve fund, roof, sewer, security, trash, water, internet
- 467 Units
- High-Rise Condominium
- Two City Plaza Condo Subdivision
- 21-Story Property
Amenities
- Sauna
- Clubhouse
- Elevator
- Bike Room
- Community Wi-Fi
Recreation
- Fitness Center
- Community Pool
- Community Spa
Pet Policy
- Pets Allowed
Security
- Resident Manager or Management On Site
- Fire and Smoke Detector
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 24, 2025
Closed on
Jan 2, 2025
Sold by
Halstead Joseph and Halstead Norma
Bought by
Kallen Nora L
Seller's Agent
Lori Cronican
Douglas Elliman
Buyer's Agent
Lori Cronican
Douglas Elliman
Sold Price
$7,500
Total Days on Market
156
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$703,758
Avg. Annual Appreciation
-0.26%
Original Mortgage
$564,000
Outstanding Balance
$562,552
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$148,706
Purchase Details
Closed on
May 3, 2018
Sold by
Halstead Joseph
Bought by
Halstead Joseph
Map
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $712,000 | First American Title Insurance | |
| Warranty Deed | $712,000 | First American Title Insurance | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $564,000 | New Conventional | |
| Closed | $564,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/23/2025 05/23/25 | Rented | $5,800 | +5.5% | -- |
| 04/24/2025 04/24/25 | Under Contract | -- | -- | -- |
| 03/31/2025 03/31/25 | Price Changed | $5,500 | -11.3% | $5 / Sq Ft |
| 02/28/2025 02/28/25 | For Rent | $6,200 | 0.0% | -- |
| 02/28/2025 02/28/25 | Under Contract | -- | -- | -- |
| 02/26/2025 02/26/25 | For Rent | $6,200 | -17.3% | -- |
| 02/24/2025 02/24/25 | Rented | $7,500 | 0.0% | -- |
| 02/24/2025 02/24/25 | For Rent | $7,500 | 0.0% | -- |
| 01/02/2025 01/02/25 | Sold | $712,000 | -4.3% | $609 / Sq Ft |
| 10/18/2024 10/18/24 | Price Changed | $744,000 | -2.6% | $636 / Sq Ft |
| 08/27/2024 08/27/24 | Price Changed | $764,000 | -5.9% | $653 / Sq Ft |
| 08/09/2024 08/09/24 | For Sale | $812,000 | +14.0% | $694 / Sq Ft |
| 07/29/2024 07/29/24 | Off Market | $712,000 | -- | -- |
| 07/29/2024 07/29/24 | For Sale | $812,000 | -- | $694 / Sq Ft |
Source: BeachesMLS
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 | $4,656 | $343,398 | -- | -- |
| 2023 | $8,144 | $312,180 | $0 | $0 |
| 2022 | $7,015 | $283,800 | $0 | $0 |
| 2021 | $6,065 | $258,000 | $0 | $258,000 |
| 2020 | $6,075 | $256,000 | $0 | $256,000 |
| 2019 | $6,484 | $260,000 | $0 | $260,000 |
| 2018 | $6,713 | $290,000 | $0 | $290,000 |
| 2017 | $6,548 | $280,000 | $0 | $0 |
| 2016 | $3,347 | $265,000 | $0 | $0 |
| 2015 | $6,134 | $250,000 | $0 | $0 |
| 2014 | $5,707 | $230,000 | $0 | $0 |
Source: Public Records
Source: BeachesMLS
MLS Number: R11007879
APN: 74-43-43-22-41-000-0806
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