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Sold for $1,169,288
  • $1,169,288

    701 S Olive Avenue #1706, West Palm Beach, FL 33401

    2beds
    1,670sqft
    Condominium
    Built in 2008
    -- sqft lot
    $1,424,800 Zestimate®
    $700/sqft
    $7,693 Estimated rent

    Home value

    $1,424,800

    $1.27M - $1.62M

    $7,693/mo

    Zestimate® history
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    What's special

    Exceptional penthouse residence at Two City Plaza offering 2 bedrooms, 2.5 baths, plus a versatile den ideal for a home office, media room, or flex space complete with French doors and a window for natural light. This expansive home features upgraded marble flooring throughout, designer finishes, and thoughtfully curated details at every turn. The open living and dining areas are flooded with southern light, creating a bright and inviting atmosphere perfect for both everyday living and entertaining. Custom built-in cabinetry and a sleek Murphy bed add style and functionality, maximizing space without compromise. The primary suite is a true retreat, highlighted by a spa-inspired bathroom with a luxurious soaking tub and custom fitted dual closets in suite. Residents enjoy resort-style... amenities in this full-service building. Including, 24-hour security, concierge, roof top pool with panoramic views, 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 & new indoor movie theaters, firepit, fully renovated club room w/ bar and caterers kitchen, table tennis, lanai courtyard w/ water feature, renovated roof top dog park area, complimentary valet parking & exceptional staff. Centrally located in the heart of Downtown West Palm Beach, across from One Flagler offices, 7 minutes to PBIA airport, award winning restaurants, shopping, cultural attractions of the city, Worth Ave, and Palm Beaches. A rare penthouse opportunity combining elegance, flexibility, and abundant natural light. The Next Move Is Yours; experience the best of West Palm Beach living at Two City Plaza.

    Zillow last checked:

    Listing updated:

    Listed by:

    Lori Cronican 509-254-1683,

    Douglas Elliman,

    Christopher Cronican 509-254-1608,

    Douglas Elliman

    Bought with:

    Stephanie Mordes, 3420974

    Aquantis Realty LLC

    Stephanie Mordes, 3420974

    Aquantis Realty LLC

    Source: BeachesMLS,MLS#: R11148070MLS LogoOriginating MLS: BeachesMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    • Main level bathrooms: 3
    • Main level bedrooms: 2
    Primary bedroom
    • Level: Main
    • Area: 190.4
    • Dimensions: 14 X 13.6
    Bedroom 2
    • Level: Main
    • Area: 113.68
    • Dimensions: 11.6 X 9.8
    Den
    • Level: Main
    • Area: 114.4
    • Dimensions: 10.4 X 11
    Kitchen
    • Level: Main
    • Area: 120.84
    • Dimensions: 11.4 X 10.6
    Living room
    • Level: Main
    • Area: 478.72
    • Dimensions: 25.6 X 18.7
    Heating
    • Central, Individual
    Cooling
    • Central Air
    Appliances
    • Included: Cooktop, Dryer, Dishwasher, Electric Range, Electric Water Heater, Free-Standing Freezer, Disposal, Microwave, Refrigerator, Water Heater, Washer
    • Laundry: Inside
    Features
    • Breakfast Bar, Built-in Features, Bathtub, Closet Cabinetry, Dual Sinks, Entrance Foyer, Garden Tub/Roman Tub, High Ceilings, Living/Dining Room, Pantry, Split Bedrooms, Storage, Soaking Tub, Separate Shower, Walk-In Closet(s)
    • Flooring: Marble
    • Windows: Blinds, Storm Window(s)
    Interior area
    • Total structure area: 1,670
    • Total interior livable area: 1,670 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Assigned, Garage, Guest
    • Garage spaces: 1
    Features
    • Entry location: Entry Level Living Area Y
    • Patio & porch: Covered, Open, Balcony
    • Exterior features: Balcony, Outdoor Living Area
    • Pool features: Association
    • Has view: Yes
    • View description: City, Garden
    • Waterfront features: None
    Details
    • Parcel number: 74434322410001706
    • 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: Property Manager On-Site, Street Lights, Sidewalks
    • Security: 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, Picnic Area, Pool, Sauna, Spa/Hot Tub, Storage, Sidewalks, Trail(s), Trash, Elevator(s)
    • Services included: Common Areas, Cable TV, Insurance, Pest Control, Internet
    • HOA fee: $1,754 monthly
    • HOA phone: 561-202-1902
    Location
    • Region: West Palm Beach

    Financial & listing details

    • Price per square foot: $700/sqft
    • Tax assessed value: $945,000
    • Annual tax amount: $17,923
    • Date on market: 12/16/2025
    • Cumulative days on market: 6 days
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    8/13/2026Listing removed$13,000$8/sqft
    Source: BeachesMLS #B26058866 Report a problem
    7/31/2026Listed for rent$13,000+30%$8/sqft
    Source: BeachesMLS #B26058866 Report a problem
    7/31/2026Listing removed$10,000$6/sqft
    Source: BeachesMLS #B26012860 Report a problem
    6/5/2026Listed for rent$10,000$6/sqft
    Source: BeachesMLS #B26012860 Report a problem
    5/18/2026Listing removed$10,000$6/sqft
    Source: BeachesMLS #B26012860 Report a problem
    4/8/2026Listed for rent$10,000+1%$6/sqft
    Source: BeachesMLS Report a problem
    1/15/2026Sold$1,169,288-9.7%$700/sqft
    Source: BeachesMLS #R11148070 Report a problem
    12/19/2025Pending sale$1,295,000$775/sqft
    Source: Douglas Elliman #RX-11148070 Report a problem
    12/16/2025Listed for sale$1,295,000+125.2%$775/sqft
    Source: BeachesMLS #RX-11148070 Report a problem
    11/3/2022Listing removed--
    Source: Zillow Rental Network_1 Report a problem
    9/25/2022Price change$9,900-17.5%$6/sqft
    Source: Zillow Rental Network_1 #R10830648 Report a problem
    9/9/2022Listed for rent$12,000+203.8%$7/sqft
    Source: Zillow Rental Network_1 #R10830648 Report a problem
    11/16/2020Sold$575,000-4.2%$344/sqft
    Source: BeachesMLS #R10649150 Report a problem
    10/13/2020Price change$600,000-4%$359/sqft
    Source: EXP Realty LLC #RX-10649150 Report a problem
    9/15/2020Price change$624,900-3.9%$374/sqft
    Source: EXP Realty LLC #RX-10649150 Report a problem
    8/23/2020Listed for sale$650,000-6.5%$389/sqft
    Source: EXP Realty LLC #RX-10649150 Report a problem
    9/12/2019Listing removed$695,000$416/sqft
    Source: The Corcoran Group #12436 Report a problem
    5/1/2019Listed for sale$695,000+0.1%$416/sqft
    Source: The Corcoran Group #RX-10526363 Report a problem
    11/1/2016Listing removed$694,000$416/sqft
    Source: Modern Living Real Estate LLC #RX-10246009 Report a problem
    9/16/2016Price change$694,000-0.7%$416/sqft
    Source: Modern Living Real Estate LLC #RX-10246009 Report a problem
    6/26/2016Listed for sale$699,000+38.4%$419/sqft
    Source: Modern Living Real Estate #RX-10246009 Report a problem
    5/1/2016Listing removed$3,950-8.1%$2/sqft
    Source: The Palm Beach Group #RX-10175711 Report a problem
    2/9/2016Listed for rent$4,300-8.5%$3/sqft
    Source: Zillow Rental Manager Report a problem
    12/30/2015Listing removed$4,700$3/sqft
    Source: Berkshire Hathaway HomeServices Report a problem
    11/28/2015Listed for rent$4,700$3/sqft
    Source: Berkshire Hathaway Home Services Report a problem
    7/9/2015Sold$505,000+7.6%$302/sqft
    Source: Public Record Report a problem
    5/17/2013Sold$469,500$281/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$17,923 +10.5%$777,437 +10%
    2024$16,221 +6.7%$706,761 +10%
    2023$15,209 +12.7%$642,510 +10%
    2022$13,499 +10%$584,100 +10%
    2021$12,274 -2.2%$531,000 -1.3%
    2020$12,553 -1.3%$538,000 -0.4%
    2019$12,712 $540,000 -1.8%
    2018$12,712 +0.9%$550,000 +1.9%
    2017$12,598 +8.5%$540,000 +22.7%
    2016$11,609 +11.3%$440,000 +3.5%
    2015$10,429 +2.3%$425,000 +2.4%
    2014$10,197 +0.9%$415,000 +1.2%
    2013$10,105 -1.2%$410,000
    2012$10,223 -0.8%$410,000 -0.2%
    2011$10,310 -1.7%$411,000
    2010$10,485 -8.6%$411,000 -11.6%
    2009$11,477 $465,000
    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
    $1,424,800
    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
    $1,424,800