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Sold for $2,350,000
  • $2,350,000

    801 S Olive Ave Unit 1605, West Palm Beach, FL 33401

    3beds
    2,062sqft
    Condominium, Condo/Co-Op
    Built in 2006
    -- sqft lot
    $2,585,900 Zestimate®
    $1,140/sqft
    $6,561 Estimated rent

    Home value

    $2,585,900

    $2.33M - $2.90M

    $6,561/mo

    Zestimate® history
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    What's special

    Full ocean viewsBbq areaSteam roomState-of-the-art gymFitness centerIntracoastal viewsNewly remodeled kitchen
    Welcome to a truly exceptional penthouse residence that will take your breath away from the moment you step inside. This magnificent home in the sky offers unrivaled panoramic views of the ocean and intracoastal, all framed by expansive floor-to-ceiling 12-foot windows and sliding doors that seamlessly connect the living and dining spaces with the awe-inspiring surroundings. Spanning an impressive 2,062 square feet, this unique penthouse boasts three bedrooms and three full bathrooms, and it greets you with some of the most breathtaking vistas in Downtown. The newly remodeled kitchen, equipped with new appliances, not only offers functionality but also allows you to gaze out towards the ocean, making every meal a memorable experience. The flexibility of this space is evident with a bonus 3rd room that can serve as a den, office, or a third bedroom, all while enjoying full ocean views and the convenience of a third full bathroom. The spacious master suite is a sanctuary in itself, featuring a luxurious all-marble spa-like bathroom with a generous jetted soaking tub and an oversized walk-in closet. The second bedroom, which also benefits from stunning ocean and intracoastal views, comes with its own en-suite full bathroom. Marble flooring runs throughout the entire residence, adding a touch of luxury to every step. Additionally, this penthouse includes two premium side-by-side parking spaces on "P2" and additional storage. As part of this full-service building, you'll enjoy a wealth of amenities that offer a resort lifestyle. With 24-hour security, a dedicated concierge, a rooftop pool, a sauna, a steam room, a state-of-the-art gym, an outdoor kitchen with a BBQ area, a club room, a serene lanai courtyard with a water feature, a fitness center, complimentary valet parking, and an exceptional staff. And when it's time to venture out, you're just minutes away from the convenience of PBI Airport, the elegance of Palm Beach Island, the vibrant atmosphere of The Square, and much more. This penthouse is more than a residence; it's a lifestyle where every day is filled with unparalleled beauty and comfort.

    Zillow last checked:

    Listing updated:

    Listed by:

    LORI ELIZABETH CRONICAN 509-254-1683,

    Douglas Elliman,

    CHRISTOPHER EDWARD CRONICAN 509-254-1608

    Bought with:

    CHRISTOPHER EDWARD CRONICAN, SL-3391612

    Douglas Elliman

    Source: Palm Beach BOR,MLS#: 23-1622

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Primary bedroom
    • Level: Main
    • Area: 224
    • Dimensions: 16 x 14
    Bedroom 2
    • Level: Main
    • Area: 141.6
    • Dimensions: 12 x 11.8
    Bedroom 3
    • Level: Main
    • Area: 176.4
    • Dimensions: 12.6 x 14
    Dining room
    • Level: Main
    • Area: 218.4
    • Dimensions: 14 x 15.6
    Kitchen
    • Level: Main
    • Area: 139.2
    • Dimensions: 12 x 11.6
    Living room
    • Level: Main
    • Area: 361
    • Dimensions: 19 x 19
    Cooling
    • Central Air
    Appliances
    • Included: Refrigerator, Freezer, Electric Range, Dishwasher, Microwave, Disposal, Washer, Dryer, Ice Maker, Oven
    • Laundry: In Unit
    Features
    • Storage
    • Flooring: Marble
    • Doors: Impact Doors
    • Windows: Window Treatments, Impact Windows
    Interior area
    • Total structure area: 2,062
    • Total interior livable area: 2,062 sqft

    Property

    Parking
    • Total spaces: 2
    Features
    • Patio & porch: Patio
    • Exterior features: Balcony, Elevator, Lobby, Sprinkler System, Exercise Room
    • Has private pool: Yes
    • On waterfront: Yes
    Details
    • Parcel number: 74434322380161605
    • Zoning: R-D(1) - Moderate Density Residential

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium, Condo/Co-Op
    Condition
    • Year built: 2006

    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, Common Area, Trash, Sewer, Water, Other (See Remarks)
    Location
    • Region: West Palm Beach

    Financial & listing details

    • Price per square foot: $1,140/sqft
    • Tax assessed value: $1,850,000
    • Annual tax amount: $17,514
    • Date on market: 10/17/2023
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    7/28/2024Listing removed--
    Source: BeachesMLS #RX-10633432 Report a problem
    1/29/2024Sold$2,350,000-11.3%$1,140/sqft
    Source: Palm Beach BOR #23-1622 Report a problem
    11/17/2023Pending sale$2,649,000$1,285/sqft
    Source: Douglas Elliman #23-1622 Report a problem
    11/16/2023Contingent$2,649,000$1,285/sqft
    Source: BeachesMLS #RX-10927950 Report a problem
    10/16/2023Listed for sale$2,649,0000%$1,285/sqft
    Source: BeachesMLS #RX-10927950 Report a problem
    2/20/2023Listing removed--
    Source: Douglas Elliman Report a problem
    9/1/2022Listed for sale$2,650,000+71%$1,285/sqft
    Source: BeachesMLS #RX-10828992 Report a problem
    7/27/2021Sold$1,550,000$752/sqft
    Source: Palm Beach BOR #20-1078 Report a problem
    6/29/2021Pending sale$1,550,000$752/sqft
    Source: BeachesMLS #RX-10633432 Report a problem
    6/3/2021Listed for sale$1,550,000+3.3%$752/sqft
    Source: BeachesMLS #RX-10633432 Report a problem
    5/18/2021Listing removed--
    Source: BeachesMLS #RX-10633432 Report a problem
    1/27/2021Listed for sale$1,500,000$727/sqft
    Source: BeachesMLS #RX-10633432 Report a problem
    12/16/2020Listing removed$1,500,000$727/sqft
    Source: The Corcoran Group #RX-10633432 Report a problem
    9/10/2020Listed for sale$1,500,000$727/sqft
    Source: The Corcoran Group #RX-10633432 Report a problem
    9/10/2020Listing removed$10,500$5/sqft
    Source: The Corcoran Group #RX-10623912 Report a problem
    7/25/2020Listing removed$1,500,000$727/sqft
    Source: The Corcoran Group #RX-10633432 Report a problem
    7/25/2020Listed for rent$10,500$5/sqft
    Source: The Corcoran Group #RX-10623912 Report a problem
    6/24/2020Listed for sale$1,500,000$727/sqft
    Source: The Corcoran Group #RX-10633432 Report a problem
    6/24/2020Listing removed$10,500$5/sqft
    Source: The Corcoran Group #RX-10623912 Report a problem
    5/19/2020Listed for rent$10,500+2.4%$5/sqft
    Source: The Corcoran Group #RX-10623912 Report a problem
    6/22/2019Listing removed$10,250$5/sqft
    Source: The Corcoran Group #RX-10513396 Report a problem
    6/5/2019Listed for rent$10,250$5/sqft
    Source: The Corcoran Group #RX-10513396 Report a problem
    6/4/2019Listing removed$1,500,000$727/sqft
    Source: The Corcoran Group #12365 Report a problem
    3/19/2019Listed for sale$1,500,000+40.8%$727/sqft
    Source: The Corcoran Group #RX-10514139 Report a problem
    3/19/2019Listing removed$10,250$5/sqft
    Source: The Corcoran Group #RX-10513396 Report a problem
    3/16/2019Listed for rent$10,250$5/sqft
    Source: The Corcoran Group #RX-10513396 Report a problem
    4/29/2016Sold$1,065,000+25.3%$516/sqft
    Source: Public Record Report a problem
    10/24/2008Sold$850,000+16%$412/sqft
    Source: Public Record Report a problem
    1/30/2006Sold$733,000$355/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$28,202 +55.8%$1,350,000 +53.8%
    2024$18,101 +2.4%$877,896 +3%
    2023$17,672 +0.9%$852,326 +3%
    2022$17,514 +3.2%$827,501 +6.1%
    2021$16,973 -1%$780,000
    2020$17,139 -14.6%$780,000 -13.3%
    2019$20,076 $900,000 -1.1%
    2018$20,076 +1.5%$910,000 +1.1%
    2017$19,780 -0.1%$900,000 +93.9%
    2016$19,798 +98%$464,068 +0.7%
    2015$9,998 -2%$460,842 +0.8%
    2014$10,197 +1.3%$457,185 +1.5%
    2013$10,062 +0.7%$450,429 +1.7%
    2012$9,996 +2.6%$442,900 +3%
    2011$9,746 -6.4%$430,000 -4.4%
    2010$10,411 -11%$450,000 -4.9%
    2009$11,698 -9.1%$473,000 -13.5%
    2008$12,863 -1.4%$546,550 -5.4%
    2007$13,048 +458.9%$578,000 +509%
    2006$2,335 $94,909
    Find assessor info on the county website

    Neighborhood: Downtown

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,585,900
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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
    $2,585,900