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Sold for $712,000
  • $712,000

    701 S Olive Avenue #806, West Palm Beach, FL 33401

    2beds
    1,170sqft
    Condominium
    Built in 2008
    -- sqft lot
    $750,200 Zestimate®
    $609/sqft
    $5,406 Estimated rent

    Home value

    $750,200

    $675,000 - $833,000

    $5,406/mo

    Zestimate® history
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    What's special

    Discover the epitome of luxury living in the iconic Two City Plaza Luxury building in the heart of downtown West Palm Beach. This pristine residence features 2 bedrooms and 2 baths, including a premium garage parking space on Mez level. The main living areas offer elegant marble flooring, enjoy ultra-high ceilings and a light-open kitchen with light granite countertops to give this residence a spacious airy-feel. Recent upgrades include a newer HVAC system, water heater, and washer/dryer. The master suite is a sanctuary with a spacious bathroom featuring dual sinks, a vanity area, an all-marble shower, and a soaking tub. A large fitted walk-in closet and a linen closet provide ample storage. The second bedroom offers generous space for versatility. This home boasts serene views of the... courtyard, water fountains and landscaped areas, enhancing the overall ambiance. Two City Plaza offers an array of unparalleled amenities, including 24-hour security, concierge services, a rooftop pool, hot tub, sauna, steam room, a fully renovated state-of-the-art fitness center, and an outdoor kitchen with a BBQ area furnished with all-new Restoration Hardware pieces. Enjoy movie nights in the outdoor and indoor theaters, socialize in the club room, or play table tennis in the lanai courtyard with a water feature. The building also includes a renovated rooftop dog park area, complimentary valet parking, and exceptional staff. Centrally located, this condo is just 7 minutes from PBIA airport, across from One Flagler, and minutes from Worth Avenue and Palm Beach, making it the perfect blend of luxury and convenience.

    Zillow last checked:

    Listing updated:

    Listed by:

    Christopher Cronican 509-254-1608,

    Douglas Elliman,

    Lori Cronican 509-254-1683,

    Douglas Elliman

    Bought with:

    Lori Cronican, 3389273

    Douglas Elliman

    Christopher Cronican, 3391612

    Douglas Elliman

    Source: BeachesMLS,MLS#: R11007879MLS LogoOriginating MLS: BeachesMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Primary bedroom
    • Level: Main
    • Area: 165.76
    • Dimensions: 14.8 X 11.2
    Bedroom 2
    • Area: 138.24
    • Dimensions: 12.8 X 10.8
    Kitchen
    • Level: Main
    • Area: 122.72
    • Dimensions: 11.8 X 10.4
    Living room
    • Level: Main
    • Area: 371.2
    • Dimensions: 29 X 12.8
    Heating
    • Central, Individual
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Dishwasher, Electric Range, Electric Water Heater, Free-Standing Freezer, Disposal, Microwave, Refrigerator, Water Heater, Washer
    • Laundry: Inside, Laundry Closet
    Features
    • Breakfast Bar, Bathtub, Dual Sinks, Living/Dining Room, Pantry, Split Bedrooms, Storage, Soaking Tub, Separate Shower, Walk-In Closet(s)
    • Flooring: Carpet
    Interior area
    • Total structure area: 1,170
    • Total interior livable area: 1,170 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage
    • Garage spaces: 1
    Features
    • Entry location: Entry Level Living Area Y
    • Patio & porch: Covered, Open, Balcony
    • Exterior features: Balcony, Outdoor Living Area
    • Pool features: Association
    • Has view: Yes
    • View description: Garden
    • Waterfront features: None
    Details
    • Parcel number: 74434322410000806
    • Zoning: QGD-25

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Concrete
    Condition
    • Resale
    • New construction: No
    • Year built: 2008

    Utilities & green energy

    • Electric: 3 Phase
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Sewer Available, Water Available

    Community & HOA

    Community
    • Features: Home Owners Association, Property Manager On-Site, Street Lights
    • Security: Fire Alarm, Fire Sprinkler System, Smoke Detector(s)
    • Subdivision: TWO CITY PLAZA CONDO
    HOA
    • Has HOA: Yes
    • Amenities included: Bike Storage, Clubhouse, Dog Park, Fitness Center, Pool, Sauna, Spa/Hot Tub, Sidewalks, Trash, Elevator(s)
    • Services included: Common Areas, Cable TV, Insurance, Pest Control, Sewer, Security, Trash, Water, Internet
    • HOA fee: $1,121 monthly
    Location
    • Region: West Palm Beach

    Financial & listing details

    • Price per square foot: $609/sqft
    • Tax assessed value: $590,000
    • Annual tax amount: $8,143
    • Date on market: 8/9/2024
    • Cumulative days on market: 121 days
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    4/24/2025Listing removed$5,500$5/sqft
    Source: BeachesMLS #R11065924 Report a problem
    3/31/2025Price change$5,500-11.3%$5/sqft
    Source: BeachesMLS #R11065924 Report a problem
    2/26/2025Listed for rent$6,200$5/sqft
    Source: BeachesMLS #R11065924 Report a problem
    1/2/2025Sold$712,000-4.3%$609/sqft
    Source: BeachesMLS #R11007879 Report a problem
    12/4/2024Pending sale$744,000$636/sqft
    Source: Douglas Elliman #RX-11007879 Report a problem
    10/18/2024Price change$744,000-2.6%$636/sqft
    Source: BeachesMLS #RX-11007879 Report a problem
    8/27/2024Price change$764,000-5.9%$653/sqft
    Source: BeachesMLS #RX-11007879 Report a problem
    8/9/2024Listed for sale$812,000$694/sqft
    Source: BeachesMLS #RX-11007879 Report a problem
    7/30/2024Listing removed$812,000$694/sqft
    Source: Douglas Elliman #RX-11007879 Report a problem
    7/29/2024Listed for sale$812,000$694/sqft
    Source: Douglas Elliman #RX-11007879 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$12,849 +46%$590,000 +71.8%
    2024$8,798 +8%$343,398 +10%
    2023$8,143 +16.1%$312,180 +10%
    2022$7,015 +15.7%$283,800 +10%
    2021$6,064 -0.2%$258,000 +0.8%
    2020$6,075 -2.4%$256,000 -1.5%
    2019$6,223 $260,000 -10.3%
    2018$6,223 -5%$290,000 +3.6%
    2017$6,548 +3.5%$280,000 +5.7%
    2016$6,329 +3.2%$265,000 +6%
    2015$6,134 +7.5%$250,000 +8.7%
    2014$5,707 +9%$230,000 +9.5%
    2013$5,237 -7.6%$210,000 -6.7%
    2012$5,666 +3.9%$225,000 +4.7%
    2011$5,452 -1.6%$215,000
    2010$5,542 -17.3%$215,000 -20.4%
    2009$6,701 $270,000
    Find assessor info on the county website

    Neighborhood: Downtown

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $750,200
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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
    $750,200