701 S Olive Avenue 1811, West Palm Beach, FL 33401

$2,462,500
Property Type: Residential Bedrooms: 2 Baths: 3 Square Footage: 2,168 Status: Closed
Current Price: $2,462,500 List Date: 8/12/2021 Last Modified: 7/02/2026

Overview

Description

Welcome home to incredible waters views! From the moment you enter this spectacular penthouse residence, you know you have stepped in a truly magnificent home in the sky; with breathtaking panoramic ocean and intracoastal views, which are encapsulated by floor-to-ceiling 12-ft sliding doors that expand from full living room, to master to kitchen. Boasting 2,168sqft, this one-of-a-kind residence welcomes you with some of the best views in Downtown. Featuring one of the most expansive balconies on the east side facing waterways. The Penthouse residence also offers a flex space that can be a den/office or formal dining room. The kitchen has solid cherry cabinetry and built-in Fridge, opening to the large balcony. The spacious master-suite features a luxurious all marble spa-like...

Supplements: bathroom, large soaking tub private water closet w/ bidet and two oversized walk-in closets. The 2nd bedroom has ocean/Intracoastal views that is ensuite with its own beautiful all marble bathroom with large shower. This also comes with a premium parking space on Mez - 162 & 2 a/c storage rooms. Amenities in this full-service building are endless; ...

Listing Details MLS# R10737921

General Property Information

Number Of Units In Community
467
Total Units In Building
467
Unit Floor #
18
Property Sub Type
Condominium
Bedrooms Total
2
Bathrooms Total
3
Bathrooms Full
2
Bathrooms Half
Yes
Building Area Main
2168
Building Area Source
Public Records
Living Area Main
2168
Year Built
2008
Garage YN
Yes
Garage Spaces
Yes
Covered Spaces
Yes
Gated Community YN
No
Senior Community YN
No
Waterfront YN
Yes
Outdoor Living Spaces YN
Yes
Stories Total
21
Direction Faces
East
Pool Private YN
No
Builder Model
''O''
Furnished
Unfurnished

Property Features

Association Fee Includes: Cable TV; Common Areas; Elevator; Insurance; Maintenance Grounds; Pest Control; Security; Trash Dining Area: Breakfast Area; Dining/Living Room; Eat-In Kitchen Electric: Three Phase Flooring: Carpet; Marble Leasing Permitted Details: Okay To Lease Parking Features: Assigned; Guest; Garage Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Electric Range; Free-Standing Freezer; Ice Maker; Microwave; Refrigerator; Washer; Water Heater; Cooktop Water Heater Details: Electric Water Heater Construction Materials: CBS Cooling: Ceiling Fan(s); Central Individual Association Type: Homeowner Association Heating: Central Individual Interior Features: Bedroom Layout - Split; Cathedral Ceiling(s); Closet Cabinetry; Entrance Foyer; High Ceilings; Pantry; Roman Tub; Storage; Vaulted Ceiling(s); Walk-In Closet(s) Laundry Features: Inside; Laundry Closet; Laundry Tub Listing Terms: Cash; Conventional Lot Features: Sidewalks Pets Allowed YN: Yes Possession: Close Of Escrow Restrictions: Buyer Approval Required Other Leasing Restrictions: Tenant Approval Road Frontage Type: East of US-1 Roof: Spanish Tile Security Features: 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 Unit Description: Penthouse Utilities: Cable Available; Sewer Available; Water Available Water Source: Public Water View: Intracoastal; Ocean Waterfront Features: Intracoastal; Ocean Front Window Features: Blinds; Sliding; Storm Window(s) Showing Requirements: Call Listing Agent; Occupied; Text Listing Agent Outdoor Living Spaces: Balcony Balcony Details: Balcony - Covered; Balcony - Open Contingencies: None Room Types: Bedroom 2; Den; Kitchen; Laundry; Living Room; Master Bedroom

Contract Information

Comp Sale YN
No
Original List Price
2625000

Location and Legal

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
1811
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
Special Assessment YN
No
Parcel Number
74434322410001811
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
1409.2
Association Fee Frequency
Monthly
Association Membership
Mandatory
Application Required YN
Yes
Association Phone
561.202.1902x2
Membership Fee Required YN
No
Tax Annual Amount
18224.6
Tax Year
2020
Tax Legal Description
TWO CITY PLAZA CONDO UNIT 1811

Status Change Information

Major Change Timestamp
2021-12-02T21:33:12Z
Major Change Type
Status Change
Status Change Date
2021-12-02
Under Contract Date
2021-08-16
Close Date
2021-12-02
Close Price
2462500
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

Den Level
Main
Kitchen Level
Main
Living Room Level
Main
Master Bedroom Level
Main

Price Calculations

Current Price To SqFt
1135.83
Original List Price To Close Price
1.06

Originating Details

Originating System Key
20210809173954537652000000
Originating System ID
M00000170

Room Information

Room Name Length Width Level
Living Room 28.00 18.00 Main
Kitchen 14.60 10.80 Main
Master Bedroom 18.60 14.40 Main
Den 11.00 11.00 Main
Bedroom 2 12.40 12.00
Laundry
IDX
Listing Office: Douglas Elliman
Source MLS Verified
Last Updated: July - 02 - 2026
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