NOT LISTED FOR SALE

701 S Olive Ave Unit Ph04 West Palm Beach, FL 33401

Downtown West Palm Beach Neighborhood

Estimated Value: $1,202,738 - $1,419,000

2 Beds
2 Baths
1,698 Sq Ft
$1,030/mo HOA Fee

Last Sold June 10, 2021

Last sale price $999,000 $588 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $9,663/month

32 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • 75,771 Sq Ft lot
  • Property fronts an intracoastal waterway
  • Gated with Attendant
  • 3-minute walk to Trinity Park

About This Home

As of June 2021

Live Your Dreams in LUX Two City Plaza Penthouse! 12' ceilings, marble floors, breathtaking water views From TERRACE. Floor to Ceiling Hurricane Proof Glass Windows bring light & sea breeze. Annual Rent @ $5000/mon. Chef's Kitchen is equipped w $20k refrigerator, top of the line cooktop, double oven, 7 step water filter system along with cherry wood cabinets. Den /Dining rm can be used as a home office or 3rd bedroom (no windows). Master suite features a built out walk-in closet & an opulent ensuite bathroom w marble floors, chandelier, soaking tub, separate shower, an oversize L counter. 1 Prized mezz level parking spot incl. Turn-Key FURN-Appliance Package just @ $29k so u can Move in or Rent out Immediately! SELLER FINANCE at 6%, 40% down. Pls see FLOORPLAN 4 VIEWS, Location & LUXURY!

Last Listed By

Anna Nevtonova

United Realty Group Inc License #3252443 Listed on: 04/08/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,754

Year Built

  • Built in 2008

Lot Details

  • Property fronts an intracoastal waterway

HOA Fees

  • $1,030 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 1,698 Sq Ft Home
  • Ceiling Fan
  • Formal Dining Room
  • Den

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 74434322410002104

Community Details

Overview

  • Association fees include common areas, cable TV, insurance, legal/accounting, ground maintenance, pool(s), sewer, security, trash, water
  • Two City Plaza Condo Subdivision
  • 21-Story Property

Amenities

  • Doorman
  • Sauna
  • Clubhouse
  • Elevator

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,754

Year Built

Built in 2008

Lot Details

0

HOA Fees

$1,030 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: 701 S Olive ave; 21st Floor PENTHOUSE
  • Year Built: 2008
  • Architectural Style: Ranch
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Elevator, Split Bedrooms, Walk-In Closet(s)
  • Spa Features: Community
  • Appliances: Cooktop, Dishwasher, Electric Range, Disposal, Microwave
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile, Marble
  • Living Area: 1698.0
  • Dining Room Type: Den
  • Stories: 21

Exterior Features

  • Pool Features: None, Association, Community
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block, Other
  • Property Condition: Resale
  • Roof: Other

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage

Utilities

  • Security: Door Man, Gated with Guard, Key Card Entry, Security Guard, Fire Sprinkler System
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Cable Available, Water Available

Condo/Co-op/Association

  • Association Fee: 1030.0
  • Community Features: Clubhouse, Gated, Property Manager On-Site, Pool, Sauna, Sidewalks
  • Senior Community: No
  • Amenities: Clubhouse, Fitness Center, Management, Pool, Sauna, Spa/Hot Tub, Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Legal/Accounting, Maintenance Grounds, Pool(s), Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 74434322410002104
  • Lot Size Sq Ft: 75771.0
  • Zoning Description: QGD-25
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 8754.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2024
Sold by
Boppana Madhu
Bought by
Sweeney Frank and Sweeney Janet
Total Days on Market
32
Current Estimated Value
$1,303,685

Purchase Details

Listed on
Apr 8, 2021
Closed on
Jun 10, 2021
Sold by
Erickson Philip and Revocable Abundance Living Tru
Bought by
Boppana Madhu
Seller's Agent
Anna Nevtonova
United Realty Group Inc
Buyer's Agent
Michael Cuevas
Acquire Palm Beach LLC
List Price
$989,000
Sold Price
$999,000
Premium/Discount to List
$10,000
1.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.09%
Original Mortgage
$699,300
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2016
Sold by
Fortune 500 Llc
Bought by
Erickson Philip and The Revocable Abundance Living Trust

Purchase Details

Closed on
Jun 1, 2016
Bought by
Revocable Abundance Living Tru

Purchase Details

Closed on
Dec 15, 2013
Sold by
Anna Nevtonova Llc
Bought by
Nevtonova Anna

Purchase Details

Closed on
Dec 31, 2012
Sold by
Kolter City Plaza Ii Inc
Bought by
Anna Nevtonova Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
3.36%
Mortgage Type
New Conventional

Range of Values:

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Average Value
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List Price
Sold Price
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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
Sweeney Frank $1,300,000 None Listed On Document
Boppana Madhu $999,000 Title Matters Llc
Erickson Philip -- None Available
Revocable Abundance Living Tru $300,000 --
Nevtonova Anna -- None Available
Anna Nevtonova Llc $475,000 K Title Company Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Boppana Madhu $699,300
Previous Owner Anna Nevtonova Llc $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2021 06/10/21 Sold $999,000 +1.0% $588 / Sq Ft
05/11/2021 05/11/21 Pending -- -- --
04/08/2021 04/08/21 For Sale $989,000 0.0% $582 / Sq Ft
12/01/2017 12/01/17 Rented $7,500 0.0% --
11/14/2017 11/14/17 Under Contract -- -- --
11/06/2017 11/06/17 For Rent $7,500 -- --
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 $16,026 $654,126 -- --
2023 $15,003 $594,660 $0 $900,000
2022 $12,125 $540,600 $0 $0
2021 $8,784 $420,000 $0 $420,000
2020 $8,754 $415,000 $0 $415,000
2019 $9,443 $425,000 $0 $425,000
2018 $9,995 $435,000 $0 $435,000
2017 $8,898 $425,000 $0 $0
2016 $9,960 $420,000 $0 $0
2015 $8,682 $398,160 $0 $0
2014 $8,688 $395,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Anna Nevtonova

    United Realty Group Inc

  • Michael Cuevas

    Buyer's Agent in 2021

    Michael Cuevas

    Acquire Palm Beach LLC

    (561) 279-3333

    24 in this area

    86 Total Sales

    Michael Cuevas
    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10706346

BeachesMLS

APN: 74-43-43-22-41-000-2104

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

701 S Olive Ave Unit Ph04, West Palm Beach, FL

Homes for Sale in West Palm Beach, FL

This home is located at 701 S Olive Ave Unit Ph04, West Palm Beach, FL 33401 since 08 April 2021 and is currently estimated at $1,303,685, approximately $767 per square foot. This property was built in 2008. 701 S Olive Ave Unit Ph04 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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