701 S Olive Ave Unit 807 West Palm Beach, FL 33401
Downtown West Palm Beach Neighborhood
2
Beds
2
Baths
1,170
Sq Ft
$1,129/mo
HOA Fee
Highlights
- Doorman
- Fitness Center
- Clubhouse
- Water Views
- Gated with Attendant
- 3-minute walk to Trinity Park
About This Home
As of October 2024Welcome to luxury living in the heart of downtown West Palm Beach, directly across from the soon-to-be-completed One Flagler office tower. This light-filled 2-bedroom, 2-bathroom condo boasts a wraparound balcony with water feature / garden views. Featuring tile and hardwood flooring throughout, the bamboo condo has just been freshly painted, updated with all new lighting fixtures and refinished hardwood in the bedrooms. The master suite offers a spacious retreat with a large walk-in closet and a bathroom complete with a luxurious soaking tub. The second bedroom, perfect for guests or used as a flex room/office, includes its own private balcony entrance. The residence comes with premium garage parking space on P5-275 and an additional AC storage B-107 . Residents of this full-service..
Last Agent to Sell the Property
Douglas Elliman License #3391612 Listed on: 05/15/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $8,144
Year Built
- Built in 2008
HOA Fees
- $1,129 Monthly HOA Fees
Parking
- 1 Car Garage
- Guest Parking
- Assigned Parking
Property Views
- Water
- Garden
Interior Spaces
- 1,170 Sq Ft Home
- High Ceiling
- Combination Dining and Living Room
- Closed Circuit Camera
- Washer and Dryer
Kitchen
- Breakfast Bar
- Electric Range
- Microwave
- Ice Maker
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- 2 Full Bathrooms
- Dual Sinks
- Separate Shower in Primary Bathroom
Outdoor Features
- Balcony
- Open Patio
- Wrap Around Porch
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Municipal Trash
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 74434322410000807
Community Details
Overview
- Association fees include management, common areas, cable TV, HVAC, insurance, ground maintenance, pool(s), reserve fund, roof, sewer, security, trash, water, internet
- 467 Units
- High-Rise Condominium
- Built by Kolter Homes
- Two City Plaza Condo Subdivision, ''G'' Floor Plan
- 21-Story Property
Amenities
- Doorman
- Sauna
- Clubhouse
- Elevator
- Bike Room
- Community Storage Space
- Community Wi-Fi
Recreation
- Fitness Center
- Community Pool
- Community Spa
- Park
- Trails
Pet Policy
- Pets Allowed
Security
- Gated with Attendant
- Resident Manager or Management On Site
- Card or Code Access
- Impact Glass
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 22, 2025
Sold by
Gallacher Barbara J
Bought by
Two City Plaza 807 Llc
Current Estimated Value
Purchase Details
Listed on
May 15, 2024
Closed on
Oct 25, 2024
Sold by
Rosendahl Kristine
Bought by
Gallacher Barbara J
Seller's Agent
Christopher Cronican
Douglas Elliman
Buyer's Agent
Lori Cronican
Douglas Elliman
List Price
$739,000
Sold Price
$675,000
Premium/Discount to List
-$64,000
-8.66%
Views
12
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.67%
Original Mortgage
$375,000
Interest Rate
6.09%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 5, 2012
Sold by
Kolter City Plaza Ii Inc
Bought by
Rosendahl Kristine
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
3.35%
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 |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $675,000 | First American Title Insurance | |
| Special Warranty Deed | $270,000 | K Title Company Llc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $375,000 | New Conventional | |
| Previous Owner | $243,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/16/2025 07/16/25 | For Rent | $5,400 | 0.0% | -- |
| 10/28/2024 10/28/24 | Sold | $675,000 | -3.4% | $577 / Sq Ft |
| 09/03/2024 09/03/24 | Price Changed | $698,900 | -1.4% | $597 / Sq Ft |
| 08/09/2024 08/09/24 | Price Changed | $709,000 | -2.7% | $606 / Sq Ft |
| 05/31/2024 05/31/24 | Price Changed | $729,000 | -1.4% | $623 / Sq Ft |
| 05/16/2024 05/16/24 | For Sale | $739,000 | -- | $632 / 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 | $8,799 | $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 | $6,329 | $265,000 | $0 | $0 |
| 2015 | $6,134 | $250,000 | $0 | $0 |
| 2014 | $5,707 | $230,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
L
Seller's Agent in 2025
Lori Cronican
Douglas Elliman
-
C
Seller Co-Listing Agent in 2025
Christopher Cronican
Douglas Elliman
Map
Source: BeachesMLS
MLS Number: R10987997
APN: 74-43-43-22-41-000-0807
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