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Sold for $1,200,000
  • $1,200,000

    701 S Olive Avenue #2016, West Palm Beach, FL 33401

    2beds
    1,483sqft
    Condominium
    Built in 2008
    -- sqft lot
    $1,285,100 Zestimate®
    $809/sqft
    $7,333 Estimated rent

    Home value

    $1,285,100

    $1.17M - $1.43M

    $7,333/mo

    Zestimate® history
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    What's special

    Beautiful 2 BR+Den/2 Bath penthouse floor level (Floors 16-21) unit with unobstructed city/lake views and breathtaking sunsets from all windows. Marble flooring throughout, upgraded kitchen with white Italian cabinetry, built-in KitchenAid appliances, limestone backsplash. Upgraded bathrooms with free-standing tub in main bath. Additional features include crown molding, his/her walk-in closets, oversized washer/dryer, and parking on lower mezzanine level. This is a full-service resort style building with rooftop pool, dog park on roof, indoor theatre, outdoor theatre, fitness room (New equipment), club room, steam room, sauna, and BBQ. Common area hallways recently renovated. In the heart of downtown WPB and walkable to The Square, Clematis Street and Palm Beach via the middle bridge.

    Zillow last checked:

    Listing updated:

    Listed by:

    Stephen Schmidt 561-833-5331,

    Boyd, Schmidt and Brannum

    Bought with:

    Olivia Lantagne, 3495889

    One Sotheby's International Re

    Source: BeachesMLS,MLS#: R10926676MLS LogoOriginating MLS: BeachesMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Primary bedroom
    • Level: Main
    • Area: 225
    • Dimensions: 15 X 15
    Primary bedroom
    • Level: Main
    • Area: 225
    • Dimensions: 15 X 15
    Kitchen
    • Level: Main
    • Area: 144
    • Dimensions: 12 X 12
    Kitchen
    • Level: Main
    • Area: 144
    • Dimensions: 12 X 12
    Living room
    • Level: Main
    • Area: 300
    • Dimensions: 20 X 15
    Living room
    • Level: Main
    • Area: 300
    • Dimensions: 20 X 15
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Cooktop, Dryer, Dishwasher, Electric Water Heater, Microwave, Oven, Refrigerator, Water Heater, Washer
    • Laundry: Inside
    Features
    • Bathtub, Living/Dining Room, Split Bedrooms, Soaking Tub, Separate Shower, Walk-In Closet(s)
    • Flooring: Marble
    Interior area
    • Total structure area: 1,483
    • Total interior livable area: 1,483 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Assigned, Attached, Garage
    • Attached garage spaces: 1
    • Details: CarportSpaces:0.00
    Features
    • Patio & porch: Open, Balcony
    • Exterior features: Balcony, Outdoor Living Area
    • Pool features: Association
    • Has view: Yes
    • View description: City, Lake
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: None
    Details
    • Parcel number: 74434322410002016
    • Zoning: QGD-25

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Block
    • Roof: Built-Up,Concrete,Tile
    Condition
    • Resale
    • New construction: No
    • Year built: 2008
    Details
    • Builder model: B Model
    • 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
    • Security: Security System, Fire Alarm, Lobby Secured, Smoke Detector(s)
    • Subdivision: TWO CITY PLAZA CONDO
    HOA
    • Has HOA: Yes
    • Amenities included: Business Center, Clubhouse, Fitness Center, Pool, Elevator(s)
    • Services included: Common Areas, Cable TV, Insurance, Maintenance Grounds, Sewer, Security, Water
    • HOA fee: $1,200 monthly
    • HOA phone: 561-202-1900
    Location
    • Region: West Palm Beach

    Financial & listing details

    • Price per square foot: $809/sqft
    • Tax assessed value: $1,005,000
    • Annual tax amount: $8,257
    • Date on market: 10/11/2023
    • Cumulative days on market: 26 days
    • Listing terms: Cash,Conventional,Lease Purchase

    Price history

    DateEventPrice
    12/27/2023Sold$1,200,000-7%$809/sqft
    Source: BeachesMLS #R10926676 Report a problem
    11/7/2023Contingent$1,290,000$870/sqft
    Source: BeachesMLS #RX-10926676 Report a problem
    10/11/2023Listed for sale$1,290,000+222.5%$870/sqft
    Source: BeachesMLS #RX-10926676 Report a problem
    6/27/2011Sold$400,000$270/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$21,345 +10.8%$979,000 +10%
    2024$19,273 +144.3%$890,000 +123.1%
    2023$7,890 +1.1%$398,898 +3%
    2022$7,803 +0.3%$387,280 +3%
    2021$7,783 +0.2%$376,000 +1.1%
    2020$7,767 -2.6%$372,000 -1.6%
    2019$7,976 $377,942 +1.9%
    2018$7,976 +5.3%$370,895 +2.1%
    2017$7,576 +1.3%$363,266 +2.1%
    2016$7,481 +0.3%$355,794 +0.7%
    2015$7,462 -1.9%$353,321 +0.8%
    2014$7,609 +1.4%$350,517 +1.5%
    2013$7,503 +0.7%$345,337 +1.7%
    2012$7,451 -18.7%$339,564 -7%
    2011$9,170 -1.7%$365,000
    2010$9,325 -25.1%$365,000 -27.7%
    2009$12,457 $505,000
    Find assessor info on the county website

    Neighborhood: Downtown

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,285,100
    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
    $1,285,100