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Sold for $1,499,500
  • $1,499,500

    701 S Olive Ave APT 511, West Palm Beach, FL 33401

    2beds
    1,461sqft
    Condominium, Condo/Co-Op
    Built in 2008
    -- sqft lot
    $1,533,800 Zestimate®
    $1,026/sqft
    $7,225 Estimated rent

    Home value

    $1,533,800

    $1.38M - $1.72M

    $7,225/mo

    Zestimate® history
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    What's special

    Hot tubTable tennisUnmatched ceiling heightDramatic viewsHunter douglas motorized shadesSerene sunrise viewsSpa-inspired bath
    Experience breathtaking direct Intracoastal, ocean and Breakers hotel views from this exceptional 2-bedroom, 2-bath plus enclosed den residence at the coveted Two City Plaza in the heart of downtown West Palm Beach. This rare offering features soaring 14' ceilings and an ultra-convenient location on the amenities level for effortless living. Beautifully updated, the home showcases white shaker kitchen, upgraded lighting throughout, & hardwood flooring in both bedrooms. The primary suite includes 2 walk-in custom California Closets, a spa-inspired bath, and serene sunrise views. The versatile frosted glass door enclosed den functions perfectly as an office, guest room, or private media space. Additional upgrades include Hunter Douglas motorized shades, fresh designer paint, upgraded guest shower and thoughtful modern finishes throughout. Enjoy panoramic Eastern exposure from your living room. The perfect front-row seat for holiday fireworks and morning sunrises. This residence also includes a prime parking space and additional climate controlled storage space. A stunning move-in-ready home with unmatched ceiling height, dramatic views, and luxury upgrades; rarely available and not to be missed. Residents enjoy resort-style amenities in this full-service building. Including, 24-hour security, concierge, roof top pool with panoramic views, hot tub, sauna, steam room, fully renovated state of the art fitness center/gym, new outdoor kitchen w/ BBQ area and all new Restoration Hardware furniture, outdoor & new indoor movie theaters, firepit, fully renovated club room w/ bar and caterers kitchen, 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, shopping, cultural attractions of the city, Worth Ave, and Palm Beaches. The Next Move Is Yours experience the best of West Palm Beach living at Two City Plaza.

    Zillow last checked:

    Listing updated:

    Listed by:

    CHRISTOPHER EDWARD CRONICAN 509-254-1608,

    Douglas Elliman,

    LORI ELIZABETH CRONICAN 509-254-1683

    Bought with:

    LORI ELIZABETH CRONICAN, SL-3389273

    Douglas Elliman

    Source: Palm Beach BOR,MLS#: 25-1826

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Level: Main
    • Area: 192.4
    • Dimensions: 14.8 x 13
    Bedroom 2
    • Level: Main
    • Area: 176.4
    • Dimensions: 14 x 12.6
    Den
    • Level: Main
    • Area: 110.92
    • Dimensions: 11.8 x 9.4
    Kitchen
    • Level: Main
    • Area: 99.84
    • Dimensions: 9.6 x 10.4
    Living room
    • Level: Main
    • Area: 331.52
    • Dimensions: 22.4 x 14.8
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Refrigerator, Freezer, Electric Range, Dishwasher, Microwave, Disposal, Washer, Dryer, Ice Maker, Oven
    • Laundry: In Unit
    Features
    • Storage
    • Flooring: Tile, Hardwood
    • Doors: Impact Doors
    • Windows: Window Treatments, Impact Windows
    Interior area
    • Total structure area: 1,461
    • Total interior livable area: 1,461 sqft

    Property

    Parking
    • Total spaces: 1
    Features
    • Exterior features: Balcony, Elevator, Lobby, Sprinkler System, Exercise Room
    • Has private pool: Yes
    • Has spa: Yes
    • Spa features: Spa
    • On waterfront: Yes
    Details
    • Parcel number: 74434322410000511
    • 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: $1,026/sqft
    • Tax assessed value: $1,040,000
    • Annual tax amount: $20,880
    • Date on market: 12/3/2025
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    1/20/2026Sold$1,499,500-5.4%$1,026/sqft
    Source: Palm Beach BOR #25-1826 Report a problem
    12/11/2025Pending sale$1,585,000$1,085/sqft
    Source: Douglas Elliman #RX-11144410 Report a problem
    12/11/2025Listed for sale$1,585,000$1,085/sqft
    Source: BeachesMLS #RX-11144410 Report a problem
    12/11/2025Pending sale$1,585,000$1,085/sqft
    Source: BeachesMLS #RX-11144410 Report a problem
    12/11/2025Contingent$1,585,000$1,085/sqft
    Source: Palm Beach BOR #25-1826 Report a problem
    12/1/2025Listed for sale$1,585,000+9.7%$1,085/sqft
    Source: BeachesMLS #RX-11144410 Report a problem
    6/17/2025Listing removed$1,445,000$989/sqft
    Source: BeachesMLS #RX-11040641 Report a problem
    4/11/2025Price change$1,445,000-3.4%$989/sqft
    Source: BeachesMLS #RX-11040641 Report a problem
    3/21/2025Price change$1,495,500-3.2%$1,024/sqft
    Source: BeachesMLS #RX-11040641 Report a problem
    3/12/2025Price change$1,545,000-1%$1,057/sqft
    Source: BeachesMLS #RX-11040641 Report a problem
    2/28/2025Price change$1,560,000-0.3%$1,068/sqft
    Source: BeachesMLS #RX-11040641 Report a problem
    2/21/2025Price change$1,565,000-0.3%$1,071/sqft
    Source: BeachesMLS #RX-11040641 Report a problem
    2/14/2025Price change$1,570,000-0.3%$1,075/sqft
    Source: BeachesMLS #RX-11040641 Report a problem
    2/1/2025Price change$1,575,000-1.3%$1,078/sqft
    Source: BeachesMLS #RX-11040641 Report a problem
    1/2/2025Price change$1,595,000-1.8%$1,092/sqft
    Source: BeachesMLS #RX-11040641 Report a problem
    12/12/2024Price change$1,625,000-1.2%$1,112/sqft
    Source: BeachesMLS #RX-11040641 Report a problem
    12/2/2024Listed for sale$1,645,000+19.6%$1,126/sqft
    Source: BeachesMLS #RX-11040641 Report a problem
    6/22/2022Sold$1,375,000-1.4%$941/sqft
    Source: BeachesMLS #R10794020 Report a problem
    4/22/2022Pending sale$1,395,000$955/sqft
    Source: BeachesMLS #RX-10794020 Report a problem
    4/22/2022Listed for sale$1,395,000+123.2%$955/sqft
    Source: BeachesMLS #RX-10794020 Report a problem
    1/13/2020Sold$625,000-5.3%$428/sqft
    Source: Public Record Report a problem
    12/10/2019Pending sale$660,000$452/sqft
    Source: Sotheby's International Realty - Palm Beach Brokerage #19-1991 Report a problem
    10/30/2019Price change$660,000-4.3%$452/sqft
    Source: Sotheby's International Realty - Palm Beach Brokerage #19-1991 Report a problem
    10/16/2019Listed for sale$690,000+38%$472/sqft
    Source: Sotheby's International Realty #RX-10570105 Report a problem
    7/20/2018Sold$500,000-9.1%$342/sqft
    Source: Public Record Report a problem
    6/4/2018Listed for sale$550,000-7.7%$376/sqft
    Source: Florida Coastal Living Inc #RX-10367700 Report a problem
    4/24/2018Listing removed$3,300$2/sqft
    Source: Florida Coastal Living Inc #RX-10418078 Report a problem
    10/2/2008Sold$596,164$408/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$22,487 +7.7%$1,040,000 +7.8%
    2024$20,880 +3.6%$965,000 +4.3%
    2023$20,157 +49.6%$925,000 +61.7%
    2022$13,477 +12.1%$572,000 +10%
    2021$12,024 +8.3%$520,000 +9.5%
    2020$11,106 -0.9%$475,000
    2019$11,206 $475,000 -5.9%
    2018$11,206 -3.2%$505,000 +2%
    2017$11,580 +0.8%$495,000 +3.1%
    2016$11,482 +1%$480,000 +3.2%
    2015$11,366 +6.4%$465,000 +6.9%
    2014$10,683 +4.5%$435,000 +4.8%
    2013$10,227 -1.2%$415,000
    2012$10,346 -1.5%$415,000 -1%
    2011$10,508 -1.7%$419,000
    2010$10,687 -6.9%$419,000 -9.9%
    2009$11,477 $465,000
    Find assessor info on the county website

    Neighborhood: Downtown

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,533,800
    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
    $1,533,800