701 S Olive Avenue 2005, West Palm Beach, FL 33401 (MLS# R10620954)

701 S Olive Avenue 2005, West Palm Beach, FL 33401

$399,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,279 Status: Closed
Current Price: $399,000 List Date: 7/27/2020 Last Modified: 7/04/2026

Overview

Description

Penthouse level, pristinely cared for 2 Bedroom & 2 Bathroom luxury condo offers 2 balconies w/ south east views of blue ocean waters. Beautiful marble throughout main living area. Upgraded cherry kitchen cabinetry w/ granite and nice eat-in bar. Master suite is spacious, boasting a large bathroom with soaking tub, separate shower and double sinks. Large fitted walk-in closet. 2nd bedroom offers a private balcony entrance also with ocean views and fitted out closet. Amenities in this full-service building are endless; 24-hr security, concierge, roof top pool, hot tub, sauna, steam room, state of the art gym, outdoor kitchen w/ BBQ area, outdoor & indoor movie theaters, club room, lanai courtyard w/ water feature, fitness center, dog area, complimentary valet parking & exceptional staff.

Listing Details MLS# R10620954

General Property Information

Number Of Units In Community
467
Total Units In Building
467
Unit Floor #
20
Property Sub Type
Condominium
Bedrooms Total
2
Bathrooms Total
2
Bathrooms Full
2
Building Area Main
1279
Building Area Source
Public Records
Living Area Main
1170
Year Built
2008
Garage YN
Yes
Garage Spaces
Yes
Covered Spaces
Yes
Gated Community YN
No
Senior Community YN
No
Outdoor Living Spaces YN
Yes
Stories Total
21
Direction Faces
East
Pool Private YN
No
Spa YN
Yes
Builder Model
''G''
Furnished
Unfurnished

Property Features

Association Fee Includes: Cable TV; Common Areas; Common Real Estate Tax; Elevator; Insurance; Pest Control; Security; Trash; Water Dining 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 Water Heater Details: Electric Water Heater Construction Materials: CBS; Concrete Cooling: Ceiling Fan(s); Central Individual Association Type: Homeowner Association Heating: Central Individual Interior Features: Bedroom Layout - Split; Closet Cabinetry; High Ceilings; Roman Tub; Storage; Walk-In Closet(s) Laundry Features: Washer Hookup; Dryer Hookup Listing Terms: Cash; Conventional Lot Features: Sidewalks Pets Allowed YN: Yes Pets Allowed: Number Limit Pool Features: Gunite; Heated; In Ground 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; Gated with Guard; Key Card Entry; Lobby - Attended; Security System; Security System Leased; 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 View: Garden Water Access: None Water Source: Public Water View: Intracoastal; Ocean Window Features: Blinds; Sliding; Storm Window(s) Showing Requirements: Call Listing Agent; Listing Agent Must Accompany; Text Listing Agent Outdoor Living Spaces: Balcony Balcony Details: Balcony - Covered Contingencies: Financing; None Room Types: Bedroom 2; Kitchen; Living Room; Master Bedroom

Contract Information

Comp Sale YN
No
Original List Price
415000

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
2005
City Name
West Palm Beach
State Or Province
FL
Postal Code
33401
Postal Zip
33401
Subdivision Name
TWO CITY PLAZA CONDO
Area
5420
Geographic Area
PB20
Special Assessment YN
No
Parcel Number
74434322410002005
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.
Multiple Offers Accepted
No

Financial Information

Association YN
Yes
Association Deposit YN
No
Association Fee
715
Association Fee Frequency
Monthly
Association Membership
Mandatory
Application Required YN
Yes
Membership Fee Required YN
No
Tax Annual Amount
6517.74
Tax Year
2019
Tax Legal Description
TWO CITY PLAZA CONDO UNIT 2005

Status Change Information

Major Change Timestamp
2020-10-05T16:29:22Z
Major Change Type
Status Change
Price Change Timestamp
2020-07-06T16:28:59Z
Status Change Date
2020-10-05
Under Contract Date
2020-08-11
Close Date
2020-10-02
Close Price
399000
Buyer Financing
Conventional

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

Storm Protection

Impact Glass
Complete

Room Types

Bedroom 2 Level
Main
Kitchen Level
Main
Living Room Level
Main
Master Bedroom Level
Main

Price Calculations

Current Price To SqFt
341.02
Original List Price To Close Price
1.04

Originating Details

Originating System Key
20200506012121718099000000
Originating System ID
M00000170

Room Information

Room Name Length Width Level
Living Room 13.80 12.00 Main
Kitchen 10.40 9.00 Main
Master Bedroom 14.00 11.00 Main
Bedroom 2 11.40 10.00 Main
IDX
Listing Office: Douglas Elliman
Source MLS Verified
Last Updated: July - 04 - 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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