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Sold for $1,200,000
  • $1,200,000

    701 S Olive Ave APT 503, West Palm Beach, FL 33401

    2beds
    1,324sqft
    Condominium, Condo/Co-Op
    Built in 2008
    -- sqft lot
    $1,210,100 Zestimate®
    $906/sqft
    $6,845 Estimated rent

    Home value

    $1,210,100

    $1.09M - $1.34M

    $6,845/mo

    Zestimate® history
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    What's special

    Hot tubStunning fully renovated condoSpacious residenceRoof top poolCustom cabinetryDesigner kitchenSteam room
    In the heart of downtown West Palm Beach, you'll find a stunning fully renovated condo that exudes modern luxury. This spacious residence boasts two generously sized bedrooms each with its own private bathroom, and a versatile den that can serve as a home office or additional living space. With soaring 14-foot ceilings, this condo offers an open and airy atmosphere that's truly captivating. Enter into the heart of this home, the designer kitchen, where no expense was spared. It features all new appliances, exquisite countertops with oversized waterfall island and custom cabinetry, making it a chef's dream come true. The entire condo showcases all-new flooring that adds elegance to the space. Designer lighting, window treatments and molding add the final touches to truly make it special... 1 garage-parking space and storage. Amenities in this full-service building are endless; 24-hr security, concierge, roof top pool, 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, renovated 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:

    CHRISTOPHER EDWARD CRONICAN 509-254-1608,

    Douglas Elliman,

    LORI ELIZABETH CRONICAN 509-254-1683

    Bought with:

    YAROSLAVA MADAN, SL3125362

    The Corcoran Group

    Source: Palm Beach BOR,MLS#: 25-1807

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Level: Main
    • Area: 189
    • Dimensions: 14 x 13.5
    Bedroom 2
    • Level: Main
    • Area: 145
    • Dimensions: 12.5 x 11.6
    Den
    • Level: Main
    • Area: 101.48
    • Dimensions: 11.8 x 8.6
    Kitchen
    • Level: Main
    • Area: 121
    • Dimensions: 11 x 11
    Living room
    • Level: Main
    • Area: 298.08
    • Dimensions: 21.6 x 13.8
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Refrigerator, Electric Range, Dishwasher, Disposal, Washer, Dryer, Oven
    • Laundry: In Unit
    Features
    • Storage
    • Flooring: Tile
    • Doors: Impact Doors
    • Windows: Window Treatments, Impact Windows
    Interior area
    • Total structure area: 1,324
    • Total interior livable area: 1,324 sqft

    Property

    Parking
    • Total spaces: 1
    Features
    • Exterior features: Balcony
    • Has private pool: Yes
    • Pool features: Electric Heat
    • Has spa: Yes
    • Spa features: Spa
    Details
    • Parcel number: 74434322410000503
    • Zoning: R-D(1) - Moderate Density Residential

    Construction

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

    Utilities & green energy

    • Utilities for property: Cable Available

    Community & HOA

    Community
    • Features: Pool
    • Security: Smoke Detector(s), Other, Door Person
    HOA
    • Has HOA: Yes
    • Amenities included: Full Time Manager, Other, Fitness Center
    • Services included: Insurance, Cable TV, Common Area, Maintenance Structure, Trash, Pest Control, Sewer, Water
    Location
    • Region: West Palm Beach

    Financial & listing details

    • Price per square foot: $906/sqft
    • Tax assessed value: $1,025,000
    • Annual tax amount: $20,559
    • Date on market: 11/26/2025
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    5/28/2026Sold$1,200,000-3.6%$906/sqft
    Source: Palm Beach BOR #25-1807 Report a problem
    4/10/2026Pending sale$1,245,000$940/sqft
    Source: Douglas Elliman #R11143680 Report a problem
    11/26/2025Listed for sale$1,245,000$940/sqft
    Source: BeachesMLS #RX-11143680 Report a problem
    10/28/2025Listing removed$1,245,000$940/sqft
    Source: Douglas Elliman #RX-11088932 Report a problem
    5/8/2025Listed for sale$1,245,000+8.3%$940/sqft
    Source: BeachesMLS #RX-11088932 Report a problem
    6/24/2024Listing removed--
    Source: BeachesMLS #R10968150 Report a problem
    3/13/2024Listed for rent$5,000+75.4%$4/sqft
    Source: BeachesMLS #R10968150 Report a problem
    12/1/2023Sold$1,150,000-2.1%$869/sqft
    Source: Palm Beach BOR #23-1543 Report a problem
    10/23/2023Pending sale$1,175,000$887/sqft
    Source: Douglas Elliman #RX-10924337 Report a problem
    10/23/2023Contingent$1,175,000$887/sqft
    Source: Palm Beach BOR #23-1543 Report a problem
    10/3/2023Listed for sale$1,175,000$887/sqft
    Source: BeachesMLS #RX-10924337 Report a problem
    7/16/2023Listing removed--
    Source: MIAMI #A11374568 Report a problem
    4/19/2023Listed for sale$1,175,000+176.5%$887/sqft
    Source: MIAMI #A11374568 Report a problem
    11/7/2019Sold$425,000-2.9%$321/sqft
    Source: Public Record Report a problem
    10/31/2019Price change$437,900+3%$331/sqft
    Source: Douglas Elliman #19-400 Report a problem
    10/31/2019Pending sale$425,000-2.9%$321/sqft
    Source: Douglas Elliman #19-400 Report a problem
    5/10/2019Price change$437,900+0.7%$331/sqft
    Source: Douglas Elliman #19-400 Report a problem
    4/30/2019Price change$434,900+1.2%$328/sqft
    Source: Douglas Elliman #19-400 Report a problem
    3/25/2019Price change$429,900-2.9%$325/sqft
    Source: Douglas Elliman #19-400 Report a problem
    2/13/2019Price change$442,900-4.7%$335/sqft
    Source: Douglas Elliman #19-400 Report a problem
    1/31/2019Listed for sale$464,900+36.7%$351/sqft
    Source: Douglas Elliman #RX-10500647 Report a problem
    10/19/2017Listing removed$2,850$2/sqft
    Source: Douglas Elliman #RX-10373228 Report a problem
    10/14/2017Listed for rent$2,850+5.6%$2/sqft
    Source: Douglas Elliman #RX-10373228 Report a problem
    3/3/2016Listing removed$2,700$2/sqft
    Source: Berkshire Hathaway Report a problem
    2/1/2016Listed for rent$2,700$2/sqft
    Source: Kolter Homes Realty, LLC #RX-10203922 Report a problem
    5/17/2013Sold$340,000$257/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$22,166 +7.8%$1,025,000 +7.9%
    2024$20,559 +63.9%$950,000 +98.3%
    2023$12,546 +18.4%$479,160 +10%
    2022$10,597 +14.8%$435,600 +10%
    2021$9,231 +9.1%$396,000 +10%
    2020$8,464 -0.9%$360,000
    2019$8,540 $360,000 -2.7%
    2018$8,540 +0.2%$370,000 +2.8%
    2017$8,524 +1.7%$360,000 +4.3%
    2016$8,384 +2.2%$345,000 +4.5%
    2015$8,203 +10.8%$330,000 +10%
    2014$7,406 +6.7%$300,000 +7.1%
    2013$6,941 -1.1%$280,000
    2012$7,021 -2%$280,000 -1.4%
    2011$7,162 -1.6%$284,000
    2010$7,282 -6.7%$284,000 -9.8%
    2009$7,803 $315,000
    Find assessor info on the county website

    Neighborhood: Downtown

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,210,100
    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
    $1,210,100