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Sold for $560,000
  • $560,000

    701 S Olive Ave APT 409, West Palm Beach, FL 33401

    1beds
    895sqft
    Condominium, Condo/Co-Op
    Built in 2008
    -- sqft lot
    $566,400 Zestimate®
    $626/sqft
    $4,064 Estimated rent

    Home value

    $566,400

    $510,000 - $629,000

    $4,064/mo

    Zestimate® history
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    What's special

    Soaring ceilingsTwo balconiesWoodgrain porcelain flooringNew stainless steel appliances
    Rarely available 1-bedroom, 1.5-bath condo with soaring ceilings at Two City Plaza in Downtown West Palm Beach. Just steps from the Intracoastal and minutes to Palm Beach Island, this turnkey residence features new stainless steel appliances, designer lighting, woodgrain porcelain flooring, two balconies, underground parking, and a private storage unit. Enjoy luxury amenities including 24-hour valet, concierge, front desk, fitness center, rooftop pool with stunning views, sauna, steam room, movie theater, and more. A true jewel in the heart of downtown—this is South Florida living at its finest!

    Zillow last checked:

    Listing updated:

    Listed by:

    DARREN MAROTTA LLC 917-575-6361,

    Engel & Völkers-Wellington

    Bought with:

    NON MEMBER

    NON MEMBER FIRM

    Source: Palm Beach BOR,MLS#: 25-1290

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Refrigerator, Electric Range, Dishwasher, Microwave, Washer, Dryer
    • Laundry: In Unit
    Features
    • Flooring: Tile
    • Windows: Impact Windows
    Interior area
    • Total structure area: 895
    • Total interior livable area: 895 sqft

    Property

    Features
    • Exterior features: Balcony
    Details
    • Parcel number: 74434322410000409
    • Zoning: QGD-25 QUADRILLE GARDEN DISTRICT – 25 (74-WEST PALM BEACH)

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium, Condo/Co-Op
    Condition
    • Year built: 2008

    Community & HOA

    Community
    • Features: Pool
    • Security: Smoke Detector(s), Security Guard, Other
    HOA
    • Has HOA: Yes
    • Amenities included: Club Facilities, Full Time Manager, Fitness Center
    • Services included: Sewer, Water
    Location
    • Region: West Palm Beach

    Financial & listing details

    • Price per square foot: $626/sqft
    • Tax assessed value: $495,000
    • Annual tax amount: $9,954
    • Date on market: 9/11/2025
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    5/4/2026Sold$560,000-8.2%$626/sqft
    Source: Palm Beach BOR #25-1290 Report a problem
    4/23/2026Pending sale$610,000$682/sqft
    Source: Palm Beach BOR #25-1290 Report a problem
    3/25/2026Price change$610,000-6%$682/sqft
    Source: Palm Beach BOR #25-1290 Report a problem
    9/11/2025Listed for sale$649,000$725/sqft
    Source: Palm Beach BOR #25-1290 Report a problem
    7/3/2025Listing removed$649,000$725/sqft
    Source: Engel & Volkers #R11002683 Report a problem
    11/11/2024Price change$649,000-2.4%$725/sqft
    Source: Palm Beach BOR #24-1075 Report a problem
    10/17/2024Price change$665,000-4.3%$743/sqft
    Source: BeachesMLS #RX-11002683 Report a problem
    7/9/2024Listed for sale$695,000+36.3%$777/sqft
    Source: BeachesMLS #RX-11002683 Report a problem
    4/24/2023Sold$510,000-3.6%$570/sqft
    Source: BeachesMLS #R10857701 Report a problem
    3/16/2023Contingent$529,000$591/sqft
    Source: BeachesMLS #RX-10857701 Report a problem
    3/1/2023Price change$529,000-3.6%$591/sqft
    Source: BeachesMLS #RX-10857701 Report a problem
    2/14/2023Price change$549,000-6.2%$613/sqft
    Source: BeachesMLS #RX-10857701 Report a problem
    1/12/2023Listed for sale$585,000+69.6%$654/sqft
    Source: BeachesMLS #RX-10857701 Report a problem
    11/4/2021Sold$345,000-1.4%$385/sqft
    Source: Public Record Report a problem
    10/1/2021Pending sale$350,000$391/sqft
    Source: BeachesMLS #F10301940 Report a problem
    9/23/2021Listed for sale$350,000+22.8%$391/sqft
    Source: BeachesMLS #F10301940 Report a problem
    3/2/2018Sold$285,000+23.9%$318/sqft
    Source: Public Record Report a problem
    11/13/2010Sold$230,000$257/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$10,815 +8.6%$495,000 +8.8%
    2024$9,954 +21%$455,000 +31.8%
    2023$8,228 +15.5%$345,136 +10%
    2022$7,121 +56.2%$313,760 +34%
    2021$4,558 +0.7%$234,234 +1.4%
    2020$4,528 -2.9%$231,000 -1.7%
    2019$4,664 $235,000
    2018$4,664 -14.7%$235,000 +17.6%
    2017$5,468 +46.5%$199,865 +2.1%
    2016$3,731 +0.5%$195,754 +0.7%
    2015$3,713 -1.8%$194,393 +0.8%
    2014$3,782 +1.6%$192,850 +1.5%
    2013$3,722 -1.2%$190,000
    2012$3,767 -0.8%$190,000
    2011$3,798 -22.7%$190,000
    2010$4,911 -1.5%$190,000 -5%
    2009$4,986 $200,000
    Find assessor info on the county website

    Neighborhood: Downtown

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $566,400
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $566,400