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Sold for $1,200,000
    • $1,200,000

    701 S Olive Ave APT 720, West Palm Beach, FL 33401

    2beds
    1,476sqft
    Condominium, Condo/Co-Op
    Built in 2008
    -- sqft lot
    $1,273,500 Zestimate®
    $813/sqft
    $7,300 Estimated rent

    Home value

    $1,273,500

    $1.17M - $1.41M

    $7,300/mo

    Zestimate® history
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    What's special

    Breathtaking oceanDeep balconyOcean viewsLanai courtyardExpansive intracoastalOutdoor kitchenBbq area
    This spectacular residence is truly a showstopper; with breathtaking ocean and intracoastal views plus panoramic city skyline sunset views. Highlighted by over 10.5' ceilings, all marble flooring throughout main living and floor to ceiling glass and sliders to maximize the views and light. This one-of-a-kind residence welcomes you with a light and airy spacious feel. Boasting one of the most sought-after floor plans; split 2 bedroom, 2 bath plus den with glass French doors. Exceptional kitchen with ample counter and storage space in solid maple wood. Featuring a deep balcony with expansive intracoastal and ocean views plus city skyline sunset views. The spacious master-suite features water views, a luxurious all marble spa-like bathroom, large soaking tub and two oversized walk-in closets The 2nd bedroom has ocean/Intracoastal views and adjacent guest bathroom. Garage parking space and storage on the same floor. Amenities in this full-service building are endless; 24-hr security, concierge, roof top pool, hot tub, sauna, steam room, fully renovated new state of the art gym with the newest top equipment, outdoor kitchen w/ BBQ area, outdoor & indoor movie theaters, club room, lanai courtyard w/ water feature, newly redone dog park area, table tennis, complimentary valet parking & exceptional staff. Watch the Breakers and Downtown fireworks with a premium view right from your own residence!

    Zillow last checked:

    Listing updated:

    Listed by:

    LORI ELIZABETH CRONICAN 509-254-1683,

    Douglas Elliman,

    CHRISTOPHER EDWARD CRONICAN 509-254-1608

    Bought with:

    NON MEMBER

    NON MEMBER FIRM

    Source: Palm Beach BOR,MLS#: 23-1536

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Level: Main
    • Area: 196
    • Dimensions: 14 x 14
    Bedroom 2
    • Level: Main
    • Area: 145
    • Dimensions: 12.5 x 11.6
    Den
    • Level: Main
    • Area: 101.48
    • Dimensions: 11.8 x 8.6
    Living room
    • Level: Main
    • Area: 350
    • Dimensions: 25 x 14
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Refrigerator, Freezer, Electric Range, Dishwasher, Microwave, Disposal, Washer, Dryer, Ice Maker, Oven
    • Laundry: In Unit
    Features
    • Ceiling Fan(s), Storage
    • Flooring: Marble, Tile, Carpet
    • 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, Sprinkler System, Exercise Room
    • Has private pool: Yes
    • Has spa: Yes
    • Spa features: Spa
    • On waterfront: Yes
    Details
    • Parcel number: 74434322410000720
    • 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: Clubhouse, 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, Sewer, Water, Other (See Remarks)
    Location
    • Region: West Palm Beach

    Financial & listing details

    • Price per square foot: $813/sqft
    • Tax assessed value: $925,000
    • Annual tax amount: $9,007
    • Date on market: 10/3/2023
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    4/17/2024Sold$1,200,000-7.6%$813/sqft
    Source: Palm Beach BOR #23-1536 Report a problem
    3/6/2024Pending sale$1,299,000$880/sqft
    Source: Palm Beach BOR #23-1536 Report a problem
    2/1/2024Price change$1,299,000-6.2%$880/sqft
    Source: BeachesMLS #RX-10923983 Report a problem
    11/6/2023Price change$1,385,000-4.5%$938/sqft
    Source: BeachesMLS #RX-10923983 Report a problem
    10/2/2023Listed for sale$1,450,000+11.5%$982/sqft
    Source: BeachesMLS #RX-10923983 Report a problem
    7/14/2023Listing removed--
    Source: Douglas Elliman Report a problem
    2/23/2023Price change$1,300,000-11.6%$881/sqft
    Source: BeachesMLS #RX-10774319 Report a problem
    1/20/2023Price change$1,470,000-13.5%$996/sqft
    Source: BeachesMLS #RX-10774319 Report a problem
    10/2/2022Listed for sale$1,700,000+13.3%$1,152/sqft
    Source: BeachesMLS #RX-10774319 Report a problem
    9/4/2022Listing removed--
    Source: Douglas Elliman Report a problem
    3/16/2022Price change$1,500,000-11.8%$1,016/sqft
    Source: BeachesMLS #RX-10774319 Report a problem
    2/4/2022Listed for sale$1,700,000+240%$1,152/sqft
    Source: BeachesMLS #RX-10774319 Report a problem
    4/26/2019Sold$500,000+13.6%$339/sqft
    Source: Public Record Report a problem
    8/21/2013Sold$440,000-8.3%$298/sqft
    Source: Public Record Report a problem
    4/9/2013Listing removed$480,000$325/sqft
    Source: CityStyle Realty LLC #R3349898 Report a problem
    3/7/2013Listed for sale$480,000$325/sqft
    Source: CityStyle Realty LLC #R3349898 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$19,100 +104.6%$925,000 +97.3%
    2024$9,336 +2.6%$468,780 +3%
    2023$9,103 +1.1%$455,126 +3%
    2022$9,007 +0.2%$441,870 +3%
    2021$8,988 -0.7%$429,000 +0.2%
    2020$9,053 -10.9%$428,000 -0.5%
    2019$10,163 $430,000 -2.3%
    2018$10,163 +0.5%$440,000 +4.8%
    2017$10,108 +3.6%$420,000
    2016$9,761 -2%$420,000 +6.3%
    2015$9,960 +10.9%$395,000 +8.2%
    2014$8,984 +8.5%$365,000 +9%
    2013$8,279 +3.4%$335,000 +4.7%
    2012$8,006 -0.6%$320,000
    2011$8,055 -10.5%$320,000 -9.1%
    2010$8,997 -6.7%$352,000 -9.7%
    2009$9,640 $390,000
    Find assessor info on the county website

    Neighborhood: Downtown

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    Estimated market value
    $1,273,500
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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
    $1,273,500

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