Welcome home to unparalleled elegance, where luxury meets panoramic living in the heart of downtown West Palm Beach. This 2,624sqft Penthouse offers a breathtaking 280-degree view, from vibrant city sunsets to northeast ocean and intracoastal vistas extending past Singer Island. Encapsulating the entire full corner of the building with 3 bedrooms and 3.5 baths all ensuite, plus a spacious den; this truly lives like a home in the sky. Floor-to-ceiling windows allow for the ombre pink sunsets to filter in, 12' soaring ceilings, expansive kitchen with large island/counter bar & space for kitchen nook that opens to balcony. Living areas boast ample wall space for art and offer remote electric designer screen shades. The Primary suite indulges in ocean views, a marble spa-like bathroom with... private water closet, and oversized walk-in closets that have been fitted out. The 2nd bedroom features water views and is ensuite with bath. The 3rd bedroom and den on separate wing and highlight stunning sunset and Clear Lake views. This also comes with two premium parking spaces on P3-193 & P4-214, plus additional storage cage. 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, 7 minutes to PBIA airport, and walking to Worth Ave, Palm Beach.
Sold for $2,465,000
$2,465,000
701 S Olive Avenue #2015, West Palm Beach, FL 33401
3beds
2,624sqft
Condominium
Built in 2008
-- sqft lot
$2,989,900 Zestimate®
$939/sqft
$7,361 Estimated rent
Home value
$2,989,900
$2.69M - $3.35M
$7,361/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Christopher Cronican 509-254-1608,
Douglas Elliman,
Lori Cronican 509-254-1683,
Douglas Elliman
Bought with:
Lori Cronican, 3389273
Douglas Elliman
Christopher Cronican, 3391612
Douglas Elliman
Source: BeachesMLS,MLS#: R10937834
Originating MLS: BeachesMLS
Originating MLS: BeachesMLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
- Main level bathrooms: 3
- Main level bedrooms: 3
Primary bedroom
- Level: Main
- Area: 222.59
- Dimensions: 17.39 X 12.8
Bedroom 2
- Area: 132
- Dimensions: 12 X 11
Bedroom 3
- Area: 156
- Dimensions: 13 X 12
Den
- Level: Main
- Area: 108
- Dimensions: 12 X 9
Kitchen
- Level: Main
- Area: 153.92
- Dimensions: 14.8 X 10.4
Living room
- Level: Main
- Area: 630
- Dimensions: 35 X 18
Heating
- Central, Individual
Cooling
- Central Air
Appliances
- Included: Dryer, Dishwasher, Electric Range, Electric Water Heater, Free-Standing Freezer, Disposal, Ice Maker, Microwave, Refrigerator, Water Heater, Washer
- Laundry: Inside, Laundry Closet, Laundry Tub
Features
- Breakfast Bar, Bidet, Built-in Features, Breakfast Area, Bathtub, Closet Cabinetry, Cathedral Ceiling(s), Dual Sinks, Entrance Foyer, Eat-in Kitchen, Garden Tub/Roman Tub, High Ceilings, Living/Dining Room, Custom Mirrors, Pantry, Split Bedrooms, Storage, Soaking Tub, Separate Shower, Vaulted Ceiling(s), Bar
- Flooring: Carpet, Marble
- Windows: Blinds, Sliding, Storm Window(s)
Interior area
- Total structure area: 2,624
- Total interior livable area: 2,624 sqft
Property
Parking
- Total spaces: 2
- Parking features: Assigned, Garage, Guest
- Garage spaces: 2
Features
- Entry location: Entry Level Living Area Y
- Patio & porch: Covered, Open, Balcony
- Exterior features: Balcony, Lighting, Outdoor Living Area
- Pool features: Association
- Has view: Yes
- View description: City, Intercoastal, Lake, Ocean
- Has water view: Yes
- Water view: Intercoastal,Lake,Ocean
- Waterfront features: Intracoastal Access
Details
- Parcel number: 74434322410002015
- 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 model: ''P1''
- 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, Business Center, Clubhouse, Dog Park, Fitness Center, Picnic Area, Pool, Sauna, Spa/Hot Tub, Storage, Sidewalks, Trail(s), Elevator(s)
- Services included: Common Areas, Cable TV, Insurance, Maintenance Grounds, Pest Control, Sewer, Security, Trash, Water, Internet
- HOA fee: $2,572 monthly
- HOA phone: 561-202-1902
Location
- Region: West Palm Beach
Financial & listing details
- Price per square foot: $939/sqft
- Tax assessed value: $2,300,000
- Annual tax amount: $19,251
- Date on market: 11/21/2023
- Cumulative days on market: 104 days
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 5/6/2024 | Sold | $2,465,000-4.8%$939/sqft |
Source:  BeachesMLS #R10937834 Report a problem | ||
| 3/4/2024 | Pending sale | $2,590,000$987/sqft |
Source:  Douglas Elliman #RX-10937834 Report a problem | ||
| 11/21/2023 | Listed for sale | $2,590,000+199.4%$987/sqft |
Source: BeachesMLS #RX-10937834 Report a problem | ||
| 11/4/2013 | Sold | $865,000$330/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $49,472 +150.9% | $2,300,000 +141.3% |
| 2024 | $19,717 +2.4% | $953,315 +3% |
| 2023 | $19,251 +0.9% | $925,549 +3% |
| 2022 | $19,082 +0% | $898,591 +3% |
| 2021 | $19,075 +0.5% | $872,418 +1.4% |
| 2020 | $18,985 +1.5% | $860,373 +2.3% |
| 2019 | $18,709 | $841,029 +1.9% |
| 2018 | $18,709 +4.7% | $825,347 +2.1% |
| 2017 | $17,864 +1% | $808,371 +2.1% |
| 2016 | $17,695 +0.1% | $791,744 +0.7% |
| 2015 | $17,673 -2% | $786,240 +0.8% |
| 2014 | $18,032 -3.2% | $780,000 +2.6% |
| 2013 | $18,624 +2.9% | $760,000 +4.1% |
| 2012 | $18,104 -0.6% | $730,000 |
| 2011 | $18,216 -1.7% | $730,000 |
| 2010 | $18,531 -19.4% | $730,000 -21.9% |
| 2009 | $22,990 | $935,000 |
Find assessor info on the county website
Neighborhood: Downtown
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Nearby schools
GreatSchools rating
- 3/10Roosevelt Elementary SchoolGrades: PK-5Distance: 1.6 mi
- 4/10Conniston Middle SchoolGrades: 6-8Distance: 2 mi
- 3/10Forest Hill Community High SchoolGrades: 9-12Distance: 3.7 mi
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Estimated market value
$2,989,900
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Estimated market value
$2,989,900
- Florida
- Palm Beach County
- West Palm Beach
- 33401
- Downtown
- 701 S Olive Avenue Unit 2015
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