701 S Olive Avenue 1011, West Palm Beach, FL 33401 (MLS# R11066289)

701 S Olive Avenue 1011, West Palm Beach, FL 33401

$491,500
Property Type: Residential Bedrooms: 1 Baths: 2 Square Footage: 786 Status: Closed
Current Price: $491,500 List Date: 5/08/2025 Last Modified: 8/11/2026

Overview

Description

Discover an exceptional opportunity to own in the prestigious Two City Plaza, a premier full-service building perfectly located in the heart of Downtown West Palm Beach. Situated just across from One Flagler and minutes from all of downtown's top destinations, this stunning 1-bedroom, 1.5-bath residence offers a sophisticated urban lifestyle. Boasting soaring 10.5' ceilings and south-facing exposure for natural light, the condo features tile wood plank flooring, freshly painted interiors, updated lighting, and an open-concept kitchen. The private balcony is accessible from both the living room and bedroom- perfect for enjoying the Florida sunshine. 1-garage parking space is included. This full-service building boasts exceptional amenities; 24-hr security, concierge, roof top pool, hot..

Supplements: 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 & indoor movie theaters, club room, table tennis, lanai courtyard w/ water feature, renovated roof top dog park area, complimentary valet parking & exceptional staff. Unbeatable location an ...

Listing Details MLS# R11066289

General Property Information

Number Of Units In Community
467
Total Units In Building
467
Unit Floor #
10
Property Sub Type
Condominium
Bedrooms Total
Yes
Bathrooms Total
2
Bathrooms Full
Yes
Bathrooms Half
Yes
Building Area Main
786
Building Area Source
Public Records
Living Area Main
786
Year Built
2008
Garage YN
Yes
Garage Spaces
Yes
Covered Spaces
Yes
Gated Community YN
No
Lot Size Area
365
Lot Size Acres
0.01
Senior Community YN
No
Outdoor Living Spaces YN
Yes
Stories Total
21
Direction Faces
South
Pool Private YN
No
Furnished
Unfurnished

Property Features

Association Fee Includes: Cable TV; Common Areas; Elevator; Insurance; Pest Control; Security; Trash; Water Dining Area: Dining/Living Room; Snack Bar/Counter Electric: Three Phase Flooring: Marble Leasing Permitted Details: Okay To Lease Parking Features: Assigned; Guest; Garage Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Free-Standing Freezer; Microwave; Refrigerator; Washer; Water Heater Water Heater Details: Electric Water Heater Construction Materials: CBS Cooling: Ceiling Fan(s); Central Individual Association Type: Homeowner Association Heating: Central Individual Interior Features: High Ceilings Laundry Features: Inside; Laundry Closet Listing Terms: Cash; Conventional Lot Features: Sidewalks Pets Allowed YN: Yes Pets Allowed: Breed Restrictions Possession: Close Of Escrow Restrictions: Buyer Approval Required Other Leasing Restrictions: Tenant Approval Road Frontage Type: East of US-1 Security Features: Closed Circuit Camera(s); Fire Alarm; Fire Sprinkler System; Gated with Guard; Key Card Entry; Lobby - Attended; Security System; Smoke Detector(s) Sewer: Public Sewer Special Information: Sold As-Is Tax Information: City/County Utilities: Cable Available; Sewer Available; Water Available View: Garden Water Access: None Water Source: Public Window Features: Storm Window(s) Showing Requirements: Call Listing Agent; Text Listing Agent Outdoor Living Spaces: Balcony Balcony Details: Balcony - Covered; Balcony - Open Contingencies: Other Room Types: Kitchen; Laundry; Living Room; Master Bedroom

Contract Information

Comp Sale YN
No
Original List Price
549000

Location and Legal

Country
United States
County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
701
Street Direction Prefix
S
Street Name
Olive
Street Suffix
Avenue
Unit Number
1011
City Name
West Palm Beach
State Or Province
FL
Postal Code
33401
Postal Zip
33401
Subdivision Name
TWO CITY PLAZA CONDO
Development Name
Two City Plaza
Area
5420
Geographic Area
PB20
Elementary School
Roosevelt
Middle Or Junior School
Conniston Community
High School
Forest Hill
Special Assessment YN
No
Parcel Number
74434322410001011
Zoning
QGD-25
Directions
I-95 East on Okeechobee, North on Olive Ave, 2nd block on left, directly across from Hyatt Hotel. Complimentary valet parking available.

Financial Information

Association YN
Yes
Association Deposit YN
No
Association Fee
786
Association Fee Frequency
Monthly
Association Membership
Mandatory
Application Required YN
Yes
Association Phone
561.202.1902 x 2
Membership Fee Required YN
No
Tax Annual Amount
7033.48
Tax Year
2024
Tax Legal Description
TWO CITY PLAZA CONDO UNIT 1011

Status Change Information

Major Change Timestamp
2026-01-06T14:15:23Z
Major Change Type
Status Change
Price Change Timestamp
2025-08-01T13:05:45Z
Status Change Date
2026-01-06
Under Contract Date
2025-12-03
Close Date
2026-01-06
Close Price
491500
Buyer Financing
Cash

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
100

Leasing Permitted Details

Leasing Permitted YN
Yes

Short Sale Details

Short Sale Addendum
No

Main Level Rooms

Main Level Bathrooms
Yes
Main Level Bedrooms
Yes

Storm Protection

Impact Glass
Complete

Concessions

Seller Concessions
No

Contributions

Buyer Contributions
No

Room Types

Kitchen Level
Main
Living Room Level
Main
Master Bedroom Level
Main

Price Calculations

Current Price To SqFt
625.31
Original List Price To Close Price
1.11

Originating Details

Originating System Key
20250227015310232309000000
Originating System ID
M00000170

Room Information

Room Name Length Width Level
Living Room 18.00 12.00 Main
Kitchen 9.00 8.00 Main
Master Bedroom 11.00 10.00 Main
Laundry
IDX
Listing Office: Douglas Elliman
Source MLS Verified
Last Updated: August - 11 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
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