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Sold for $2,888,340
  • $2,888,340

    701 S Olive Avenue #1811, West Palm Beach, FL 33401

    2beds
    2,168sqft
    Condominium
    Built in 2008
    -- sqft lot
    $2,979,300 Zestimate®
    $1,332/sqft
    $7,876 Estimated rent

    Home value

    $2,979,300

    $2.65M - $3.34M

    $7,876/mo

    Zestimate® history
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    What's special

    Welcome home to incredible waters views! From the moment you enter this spectacular penthouse residence, you know you have stepped in a truly magnificent home in the sky; with breathtaking panoramic ocean and intracoastal views, which are encapsulated by floor-to-ceiling 10-ft sliding doors that expand from full living room, to master to kitchen. Boasting 2,168sqft, this one-of-a-kind residence welcomes you with some of the best views in Downtown. Amenities in this full-service building are endless; 24-hr security, concierge, roof top pool with towel service coming soon, hot tub, sauna, steam room, fully renovated state of the art fitness center/gym, 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. Centrally located in the heart of Downtown West Palm Beach, across from One Flagler offices, 7 minutes to PBIA airport, award winning restaurants and shopping, and walking to Worth Ave, Palm Beach.

    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

    Source: BeachesMLS,MLS#: R11110071MLS LogoOriginating MLS: BeachesMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Primary bedroom
    • Level: Main
    • Area: 267.84
    • Dimensions: 18.6 X 14.4
    Bedroom 2
    • Area: 148.8
    • Dimensions: 12.4 X 12
    Kitchen
    • Level: Main
    • Area: 157.68
    • Dimensions: 14.6 X 10.8
    Living room
    • Level: Main
    • Area: 504
    • Dimensions: 28 X 18
    Other
    • Level: Main
    • Area: 121
    • Dimensions: 11 X 11
    Heating
    • Central, Individual
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Cooktop, Dryer, Dishwasher, Electric Range, Electric Water Heater, Free-Standing Freezer, Ice Maker, Refrigerator, Water Heater, Washer
    • Laundry: Inside, Laundry Closet, Laundry Tub
    Features
    • Bidet, Breakfast Area, Bathtub, Closet Cabinetry, Cathedral Ceiling(s), Dual Sinks, Entrance Foyer, Eat-in Kitchen, Garden Tub/Roman Tub, High Ceilings, Living/Dining Room, Pantry, Sitting Area in Primary, Split Bedrooms, Storage, Soaking Tub, Separate Shower, Vaulted Ceiling(s), Walk-In Closet(s)
    • Flooring: Carpet, Marble
    • Windows: Blinds, Sliding, Storm Window(s)
    Interior area
    • Total structure area: 2,168
    • Total interior livable area: 2,168 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Assigned, Garage, Guest
    • Garage spaces: 1
    Features
    • Patio & porch: Covered, Open, Balcony
    • Exterior features: Balcony, Outdoor Living Area
    • Pool features: Association
    • Has view: Yes
    • View description: Intercoastal, Ocean
    • Has water view: Yes
    • Water view: Intercoastal,Ocean
    • Waterfront features: Intracoastal Access, Ocean Front
    Details
    • Parcel number: 74434322410001811
    • 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: Security System, 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, Maintenance Grounds, Pest Control, Sewer, Security, Trash, Internet
    • HOA fee: $2,168 monthly
    • HOA phone: 561-202-1902
    Location
    • Region: West Palm Beach

    Financial & listing details

    • Price per square foot: $1,332/sqft
    • Tax assessed value: $1,875,000
    • Annual tax amount: $29,683
    • Date on market: 7/24/2025
    • Cumulative days on market: 2 days
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    7/24/2025Sold$2,888,340-6.8%$1,332/sqft
    Source: BeachesMLS #R11110071 Report a problem
    7/24/2025Pending sale$3,100,000+25.9%$1,430/sqft
    Source: BeachesMLS #RX-11110071 Report a problem
    9/3/2022Listing removed--
    Source: Zillow Rental Network_1 Report a problem
    8/9/2022Price change$26,000-7.1%$12/sqft
    Source: Zillow Rental Network_1 #R10808495 Report a problem
    6/16/2022Listed for rent$28,000$13/sqft
    Source: Zillow Rental Network_1 Report a problem
    12/2/2021Sold$2,462,500-6.2%$1,136/sqft
    Source: Palm Beach BOR #21-1220 Report a problem
    8/16/2021Pending sale$2,625,000$1,211/sqft
    Source: BeachesMLS #RX-10737921 Report a problem
    8/12/2021Listed for sale$2,625,000+191.7%$1,211/sqft
    Source: BeachesMLS #RX-10737921 Report a problem
    11/2/2011Sold$900,000$415/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$34,641 +16.7%$1,495,512 +10%
    2024$29,683 +7.8%$1,359,556 +10%
    2023$27,537 +10.2%$1,235,960 +10%
    2022$24,986 +36.5%$1,123,600 +33.9%
    2021$18,311 +0.5%$838,862 +1.4%
    2020$18,225 +1.5%$827,280 +2.3%
    2019$17,959 $808,680 +1.9%
    2018$17,959 +4.7%$793,602 +2.1%
    2017$17,145 +1%$777,279 +2.1%
    2016$16,982 +0.1%$761,292 +0.7%
    2015$16,960 -2%$756,000 +0.8%
    2014$17,304 -3%$750,000 -2.6%
    2013$17,840 -3.8%$770,000 -2.5%
    2012$18,545 -14.7%$790,000 -9.4%
    2011$21,735 -1.7%$872,000
    2010$22,112 -8.7%$872,000 -11.5%
    2009$24,215 $985,000
    Find assessor info on the county website

    Neighborhood: Downtown

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,979,300
    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
    $2,979,300