Sold for $694,000

$694,000

701 S Olive Ave APT 1526, West Palm Beach, FL 33401

2beds

1,373sqft

Condominium, Condo/Co-Op

Built in 2008

-- sqft lot

$711,200 Zestimate^®

$505/sqft

$7,140 Estimated rent

Home value

$711,200

$633,000 - $797,000

$7,140/mo

Zestimate^® history

Owner options

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$7,140/mo

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$7,140/mo

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$4,771/mo

Est. payment

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$4,771/mo

Est. payment

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What's special

High floorOutdoor kitchen with bbqExceptional western exposureRooftop pool and spaLarge private storage roomMovie theatre

An elegant beauty on a high floor with exceptional western exposure for the ultimate sunset and city views. A great space with 14' ceilings. All appliances brand new! Large, private storage room conveniently located directly in front of assigned parking space. This is resort living at its finest: Rooftop pool & spa, state of the art gym, movie theatre, sauna, outdoor kitchen with BBQ, 24 hour doorman, valet, and full time management staff. Just one block to the Intracoastal and Flagler Drive Waterfront district. Close to Kravis Performing Arts Center, Palm Beach island, many shops & restaurants and Palm Beach International airport.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Primary bedroom

Level: Main
Area: 182
Dimensions: 14 x 13

Bedroom 2

Level: Main
Area: 108
Dimensions: 18 x 6

Kitchen

Level: Main
Area: 100
Dimensions: 10 x 10

Living room

Level: Main
Area: 168
Dimensions: 14 x 12

Heating

Central

Cooling

Central Air

Appliances

Included: Refrigerator, Freezer, Electric Range, Dishwasher, Microwave, Disposal, Washer, Dryer, Ice Maker, Oven
Laundry: Common Area

Features

Flooring: Marble, Carpet

Interior area

Total structure area: 1,373
Total interior livable area: 1,373 sqft

Property

Parking

Total spaces: 1

Features

Exterior features: Balcony, Elevator, Lobby, Exercise Room
Has private pool: Yes
Pool features: Fresh Water

Details

Parcel number: 74434322410001526
Zoning: R-D(1) - Moderate Density Residential

Construction

Type & style

Home type: Condo
Property subtype: Condominium, Condo/Co-Op

Condition

Year built: 2008

Utilities & green energy

Utilities for property: Cable Available

Community & HOA

Community

Features: Pool
Security: Other, Door Person

HOA

Has HOA: Yes
Amenities included: Full Time Manager, Other
Services included: Insurance, Cable TV, Common Area, Maintenance Structure, Trash, Sewer, Water

Location

Region: West Palm Beach

Financial & listing details

Price per square foot: $505/sqft
Tax assessed value: $700,000
Annual tax amount: $10,336
Date on market: 8/15/2024
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional

Price history

Date	Event	Price
6/27/2025	Sold	$694,000-0.7%$505/sqft
Source: Palm Beach BOR #24-1177 Report a problem
6/22/2025	Pending sale	$699,000$509/sqft
Source: BeachesMLS #RX-11012700 Report a problem
5/16/2025	Price change	$699,000-6.7%$509/sqft
Source: Palm Beach BOR #24-1177 Report a problem
3/18/2025	Price change	$749,000-6.3%$546/sqft
Source: Palm Beach BOR #24-1177 Report a problem
8/15/2024	Listed for sale	$799,000+88%$582/sqft
Source: BeachesMLS #RX-11012700 Report a problem
5/6/2020	Sold	$425,000+8.4%$310/sqft
Source: Public Record Report a problem
8/9/2016	Sold	$392,000-0.8%$286/sqft
Source: Public Record Report a problem
4/24/2015	Sold	$395,000$288/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$11,468 +11%	$452,407 +10%
2024	$10,335 +7.7%	$411,279 +10%
2023	$9,599 +18.5%	$373,890 +10%
2022	$8,101 +12.1%	$339,900 +10%
2021	$7,224 +37.3%	$309,000 +17.5%
2020	$5,263 -1.8%	$263,000 -0.8%
2019	$5,359	$265,000 -3.6%
2018	$5,359 -0.9%	$275,000 -22.5%
2017	$5,406 -25.9%	$355,000
2016	$7,291 -13.6%	$355,000 +4.4%
2015	$8,438 +8.6%	$340,000 +7.9%
2014	$7,770 +8.2%	$315,000 +8.6%
2013	$7,184 +7.2%	$290,000 +8.6%
2012	$6,700 -23.2%	$267,000 -23.1%
2011	$8,724 -1.7%	$347,000
2010	$8,871 -5.6%	$347,000 -8.7%
2009	$9,395	$380,000