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Sold for $491,500
  • $491,500

    701 S Olive Avenue #1011, West Palm Beach, FL 33401

    1beds
    786sqft
    Condominium
    Built in 2008
    -- sqft lot
    $533,500 Zestimate®
    $625/sqft
    $3,547 Estimated rent

    Home value

    $533,500

    $491,000 - $582,000

    $3,547/mo

    Zestimate® history
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    What's special

    Discover an exceptional opportunity to own in the prestigious Two City Plaza, a premier full-service building perfectly located in the heart of Downtown West Palm Beach. Situated just across from One Flagler and minutes from all of downtown's top destinations, this stunning 1-bedroom, 1.5-bath residence offers a sophisticated urban lifestyle. Boasting soaring 10.5' ceilings and south-facing exposure for natural light, the condo features tile wood plank flooring, freshly painted interiors, updated lighting, and an open-concept kitchen. The private balcony is accessible from both the living room and bedroom- perfect for enjoying the Florida sunshine. 1-garage parking space is included. This full-service building boasts exceptional amenities; 24-hr security, concierge, roof top pool, hot.. tub, sauna, steam room, fully renovated state-of-the art fitness center/gym, new outdoor kitchen w/ BBQ area and all new Restoration Hardware furniture, outdoor & indoor movie theaters, club room, table tennis, lanai courtyard w/ water feature, renovated roof top dog park area, complimentary valet parking & exceptional staff. Unbeatable location and perfectly positioned in the heart of Downtown West Palm Beach, Two City Plaza is adjacent to One Flagler and 360 Rosemary office spaces, providing ultimate convenience for professionals. Just 1-block from the bridge to Palm Beach Island, residents enjoy effortless access to Worth Avenue's world-class shopping, award-winning dining, and pristine beaches. Approx. 7-minutes from PBIA airport, ensuring seamless travel. Experience luxury, convenience, and sophistication in one of the most desirable locations in South Florida.

    Zillow last checked:

    Listing updated:

    Listed by:

    Lori Cronican 509-254-1683,

    Douglas Elliman,

    Christopher Cronican 509-254-1608,

    Douglas Elliman

    Bought with:

    Sharon Paulson, 3255403

    Paulson Realty and Property Management LLC

    Sharon Paulson, 3255403

    Paulson Realty and Property Management LLC

    Source: BeachesMLS,MLS#: R11066289MLS LogoOriginating MLS: BeachesMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Primary bedroom
    • Level: Main
    • Area: 110
    • Dimensions: 11 X 10
    Kitchen
    • Level: Main
    • Area: 72
    • Dimensions: 9 X 8
    Living room
    • Level: Main
    • Area: 216
    • Dimensions: 18 X 12
    Heating
    • Central, Individual
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Dryer, Dishwasher, Electric Water Heater, Free-Standing Freezer, Disposal, Microwave, Refrigerator, Water Heater, Washer
    • Laundry: Inside, Laundry Closet
    Features
    • Breakfast Bar, Bathtub, High Ceilings, Living/Dining Room, Soaking Tub, Separate Shower
    • Flooring: Marble
    • Windows: Storm Window(s)
    Interior area
    • Total structure area: 786
    • Total interior livable area: 786 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Assigned, Garage, Guest
    • Garage spaces: 1
    • Details: CarportSpaces:0.00
    Features
    • Patio & porch: Covered, Open, Balcony
    • Exterior features: Balcony, Outdoor Living Area
    • Pool features: Association
    • Has view: Yes
    • View description: Garden
    • Waterfront features: None
    Lot
    • Size: 365 Square Feet
    Details
    • Parcel number: 74434322410001011
    • Zoning: QGD-25
    • Special conditions: Listed As-Is

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Block
    Condition
    • Resale
    • New construction: No
    • Year built: 2008
    Details
    • Builder name: Kolter Homes

    Utilities & green energy

    • Electric: 3 Phase
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Sewer Available, Water Available

    Community & HOA

    Community
    • Features: Home Owners Association, Property Manager On-Site, Street Lights, Sidewalks
    • Security: Security System, Closed Circuit Camera(s), Fire Alarm, Fire Sprinkler System, Gated with Guard, Key Card Entry, Lobby Secured, Smoke Detector(s)
    • Subdivision: TWO CITY PLAZA CONDO
    HOA
    • Has HOA: Yes
    • Amenities included: Bike Storage, Clubhouse, Dog Park, Fitness Center, Picnic Area, Pool, Sauna, Spa/Hot Tub, Storage, Sidewalks, Trail(s), Trash, Elevator(s)
    • Services included: Common Areas, Cable TV, Insurance, Pest Control, Sewer, Security, Trash, Water, Internet
    • HOA fee: $786 monthly
    • HOA phone: 561-202-1902
    Location
    • Region: West Palm Beach

    Financial & listing details

    • Price per square foot: $625/sqft
    • Tax assessed value: $430,000
    • Annual tax amount: $7,033
    • Date on market: 5/8/2025
    • Cumulative days on market: 241 days
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    1/6/2026Sold$491,500-6.2%$625/sqft
    Source: BeachesMLS #R11066289 Report a problem
    12/3/2025Pending sale$524,000$667/sqft
    Source: Douglas Elliman #RX-11066289 Report a problem
    8/1/2025Price change$524,000-4.6%$667/sqft
    Source: BeachesMLS #RX-11066289 Report a problem
    7/1/2025Listing removed$3,150$4/sqft
    Source: BeachesMLS #R11065604 Report a problem
    6/14/2025Listed for rent$3,150$4/sqft
    Source: Douglas Elliman Report a problem
    6/13/2025Listing removed$3,150$4/sqft
    Source: BeachesMLS #R11065604 Report a problem
    5/8/2025Listed for sale$549,000$698/sqft
    Source: Douglas Elliman #RX-11066289 Report a problem
    5/8/2025Listed for rent$3,150$4/sqft
    Source: BeachesMLS #R11065604 Report a problem
    3/31/2025Pending sale$549,000$698/sqft
    Source: Douglas Elliman #RX-11066289 Report a problem
    3/31/2025Listing removed$3,150$4/sqft
    Source: BeachesMLS #R11065604 Report a problem
    2/27/2025Listed for sale$549,000+9.8%$698/sqft
    Source: BeachesMLS #RX-11066289 Report a problem
    2/25/2025Listed for rent$3,150+10.5%$4/sqft
    Source: BeachesMLS #R11065604 Report a problem
    11/13/2024Listing removed$499,900$636/sqft
    Source: BeachesMLS #RX-10939494 Report a problem
    10/14/2024Price change$499,900-5.7%$636/sqft
    Source: BeachesMLS #RX-10939494 Report a problem
    9/30/2024Price change$529,900-1.7%$674/sqft
    Source: BeachesMLS #RX-10939494 Report a problem
    3/13/2024Price change$539,000-1.8%$686/sqft
    Source: BeachesMLS #RX-10939494 Report a problem
    12/4/2023Listed for sale$549,000+119.6%$698/sqft
    Source: BeachesMLS #RX-10939494 Report a problem
    11/24/2022Listing removed--
    Source: Zillow Rental Network_1 Report a problem
    10/1/2022Listed for rent$2,850+54.1%$4/sqft
    Source: Zillow Rental Network_1 #R10835594 Report a problem
    11/13/2019Listing removed$1,850$2/sqft
    Source: Realty ONE Group Innovation #RX-10571865 Report a problem
    10/25/2019Listed for rent$1,850-2.6%$2/sqft
    Source: Realty ONE Group Innovation #RX-10571865 Report a problem
    8/30/2019Sold$250,000-12%$318/sqft
    Source: BeachesMLS #R10525724 Report a problem
    5/27/2019Price change$284,000-1.7%$361/sqft
    Source: Sterling Real Estate Group LLC #RX-10525724 Report a problem
    4/29/2019Listed for sale$289,000+21.4%$368/sqft
    Source: Sterling Real Estate Group LLC #RX-10525724 Report a problem
    12/24/2015Listing removed$1,900$2/sqft
    Source: Sterling Real Estate Goup llc Report a problem
    11/18/2015Listed for rent$1,900$2/sqft
    Source: Sterling Real Estate Group LLC #RX-10185218 Report a problem
    10/27/2008Sold$238,000$303/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,728 +9.9%$317,710 +10%
    2024$7,033 +7.2%$288,827 +10%
    2023$6,560 +14%$262,570 +10%
    2022$5,754 +12.1%$238,700 +10%
    2021$5,132 +6.1%$217,000 +7.4%
    2020$4,835 -4.5%$202,000 -3.8%
    2019$5,064 $210,000 -4.5%
    2018$5,064 -1.3%$220,000 +4.8%
    2017$5,128 +3.8%$210,000 -1.4%
    2016$4,942 -3.6%$212,960 +10%
    2015$5,125 +15.8%$193,600 +10%
    2014$4,427 +10.1%$176,000 +10%
    2013$4,020 -11.8%$160,000 -11.1%
    2012$4,557 -1.7%$180,000 -1.1%
    2011$4,634 -1.6%$182,000
    2010$4,709 -7.8%$182,000 -11.2%
    2009$5,109 $205,000
    Find assessor info on the county website

    Neighborhood: Downtown

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Roosevelt
    • Middle: Conniston Community
    • High: Forest Hill

    Source: BeachesMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $533,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $533,500