Enjoy Intracoastal views and city lights from the terrace of this glamorous 2 bedroom, 2 bath plus 3rd bonus room that can function as a den/office. Soaring 14' ceilings, brand new ''top of the line''appliances and abundant storage throughout. Conveniently located on the ''club floor'' featuring a newly designed fitness center, party/card room and private theater. Nestled in a prime location this full service building is complete with an expansive rooftop pool deck, outdoor kitchen, and breathtaking views to the Ocean and all of Palm Beach Island. Newly designed upper hallways, assigned garage parking, storage room and pets permitted with no weight restrictions. Nearby to an array of dining, shopping, cultural activities and minutes to PBI Airport.
Sold for $1,100,000
$1,100,000
701 S Olive Ave APT 516, West Palm Beach, FL 33401
2beds
1,476sqft
Condominium, Condo/Co-Op
Built in 2008
-- sqft lot
$1,244,700 Zestimate®
$745/sqft
$7,300 Estimated rent
Home value
$1,244,700
$1.13M - $1.37M
$7,300/mo
Zestimate® history
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List your homeWhat's special
Outdoor kitchenStorage roomAssigned garage parkingCultural activitiesCity lightsFull service buildingExpansive rooftop pool deck
Zillow last checked:
Listing updated:
Listed by:
FERN M. FODIMAN 917-400-5624,
Sotheby's International Realty, Inc.
Bought with:
CATHARINE B STRICKLER, BK3542276
Brown Harris Stevens of Palm Beach 5225
Source: Palm Beach BOR,MLS#: 23-1340
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
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: Hardwood, Other
- Doors: Impact Doors
- Windows: Window Treatments, Impact Windows
Interior area
- Total structure area: 1,476
- Total interior livable area: 1,476 sqft
Property
Parking
- Total spaces: 1
Features
- Exterior features: Balcony, Elevator, Lobby, Exercise Room
- Has private pool: Yes
- Pool features: Electric Heat, Fresh Water
- Has spa: Yes
- Spa features: Spa
Details
- Parcel number: 74434322410000516
- Zoning: 0400-CONDOMINIUM
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: Clubhouse, Pool
- Security: Smoke Detector(s), Security Guard, Door Person
HOA
- Has HOA: Yes
- Amenities included: Club Facilities, 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: $745/sqft
- Tax assessed value: $940,000
- Annual tax amount: $9,326
- Date on market: 9/1/2023
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 3/19/2024 | Sold | $1,100,000-11.9%$745/sqft |
Source: Palm Beach BOR #23-1340 Report a problem | ||
| 2/22/2024 | Pending sale | $1,249,000$846/sqft |
Source:  BeachesMLS #RX-10916017 Report a problem | ||
| 8/31/2023 | Listed for sale | $1,249,000+127.1%$846/sqft |
Source: BeachesMLS #RX-10916017 Report a problem | ||
| 4/30/2021 | Sold | $550,000-2.7%$373/sqft |
Source: Palm Beach BOR #19-2331 Report a problem | ||
| 12/31/2020 | Listing removed | -- |
Source:  BeachesMLS Report a problem | ||
| 11/26/2019 | Listed for sale | $565,000-5.7%$383/sqft |
Source: Sotheby's International Realty #RX-10581191 Report a problem | ||
| 5/31/2019 | Listing removed | $599,000$406/sqft |
Source: Compass Florida LLC #RX-10486470 Report a problem | ||
| 12/6/2018 | Listed for sale | $599,000+97%$406/sqft |
Source: Modern Living Real Estate LLC #RX-10486470 Report a problem | ||
| 7/31/2013 | Sold | $304,000-25.7%$206/sqft |
Source: Agent Provided Report a problem | ||
| 11/2/2012 | Sold | $409,000$277/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,713 -53.5% | $440,000 -49.1% |
| 2024 | $18,738 +98.8% | $865,000 +84% |
| 2023 | $9,425 +1.1% | $470,045 +3% |
| 2022 | $9,326 +11.2% | $456,354 +13.3% |
| 2021 | $8,389 +0.5% | $402,654 +1.4% |
| 2020 | $8,343 +1.6% | $397,095 +2.3% |
| 2019 | $8,213 | $388,167 +1.9% |
| 2018 | $8,213 +5.3% | $380,929 +2.1% |
| 2017 | $7,803 +1.3% | $373,094 +2.1% |
| 2016 | $7,706 +0.3% | $365,420 +0.7% |
| 2015 | $7,687 -1.9% | $362,880 +0.8% |
| 2014 | $7,839 -6.7% | $360,000 +5.9% |
| 2013 | $8,401 -1.1% | $340,000 |
| 2012 | $8,498 -1.2% | $340,000 -0.6% |
| 2011 | $8,600 -1.7% | $342,000 |
| 2010 | $8,745 -6.9% | $342,000 -10% |
| 2009 | $9,395 | $380,000 |
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
$1,244,700
Get a cash offer in 3 minutes
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Estimated market value
$1,244,700
- Florida
- Palm Beach County
- West Palm Beach
- 33401
- Downtown
- 701 S Olive Ave Apartment 516
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