701 S Olive Avenue 2016, West Palm Beach, FL 33401 (MLS# R10926676)

701 S Olive Avenue 2016, West Palm Beach, FL 33401

$1,200,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,483 Status: Closed
Current Price: $1,200,000 List Date: 10/11/2023 Last Modified: 6/30/2026

Overview

Description

Beautiful 2 BR+Den/2 Bath penthouse floor level (Floors 16-21) unit with unobstructed city/lake views and breathtaking sunsets from all windows. Marble flooring throughout, upgraded kitchen with white Italian cabinetry, built-in KitchenAid appliances, limestone backsplash. Upgraded bathrooms with free-standing tub in main bath. Additional features include crown molding, his/her walk-in closets, oversized washer/dryer, and parking on lower mezzanine level. This is a full-service resort style building with rooftop pool, dog park on roof, indoor theatre, outdoor theatre, fitness room (New equipment), club room, steam room, sauna, and BBQ. Common area hallways recently renovated. In the heart of downtown WPB and walkable to The Square, Clematis Street and Palm Beach via the middle bridge.

Listing Details MLS# R10926676

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
1483
Building Area Source
Public Records
Living Area Main
1483
Year Built
2008
Garage YN
Yes
Attached 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
West
Pool Private YN
No
Spa YN
No
Builder Model
B Model
Furnished
Partially

Property Features

Association Fee Includes: Cable TV; Common Areas; Elevator; Insurance; Maintenance Grounds; Security; Water Dining Area: Dining/Living Room Electric: Three Phase Flooring: Marble Parking Features: Assigned; Attached Garage; Garage Property Condition: Resale Appliances: Dishwasher; Dryer; Microwave; Oven; Refrigerator; Washer; Water Heater; Cooktop Water Heater Details: Electric Water Heater Construction Materials: CBS Cooling: Central Air Association Type: Condominium Heating: Central Interior Features: Bedroom Layout - Split; Walk-In Closet(s) Laundry Features: Inside Listing Terms: Cash; Conventional; Lease Purchase Pets Allowed YN: Yes Pets Allowed: Breed Restrictions Possession: Close Of Escrow; Seller Rent Back Other Leasing Restrictions: Tenant Approval Roof: Built-Up; Concrete; Tile Security Features: Fire Alarm; Lobby - Attended; Security System; Smoke Detector(s) Sewer: Public Sewer Tax Information: Homestead Exemption Unit Description: Interior Hallway Utilities: Cable Available; Sewer Available; Water Available Water Access: None Water Source: Public Water View: Lake Showing Requirements: Appointment Only; Call Listing Agent; Call Owner; Occupied Outdoor Living Spaces: Balcony Balcony Details: Balcony - Open Contingencies: Inspection Room Types: Kitchen; Laundry; Living Room; Master Bedroom

Contract Information

Comp Sale YN
No
Original List Price
1290000
Owner Phone
561-312-7251

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
2016
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
74434322410002016
Zoning
QGD-25
Multiple Offers Accepted
Yes

Financial Information

Association YN
Yes
Association Deposit YN
No
Association Fee
1200
Association Fee Frequency
Monthly
Association Membership
Mandatory
Association Phone
561-202-1900
Membership Fee Required YN
No
Tax Annual Amount
8257
Tax Year
2023
Tax Legal Description
TWO CITY PLAZA CONDO UNIT 2016

Status Change Information

Major Change Timestamp
2023-12-28T13:05:01Z
Major Change Type
Status Change
Status Change Date
2023-12-28
Under Contract Date
2023-11-06
Close Date
2023-12-27
Close Price
1200000
Buyer Financing
Cash

More Information

Short Sale Details

Short Sale Addendum
No

Capital Contributions

Capital Contributions YN
No

Main Level Rooms

Main Level Bathrooms
2
Main Level Bedrooms
2

Storm Protection

Impact Glass
Complete

Buyer Details

Intended Use
Primary Residence

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
809.17
Original List Price To Close Price
1.07

Originating Details

Originating System Key
20230901133445184043000000
Originating System ID
M00000170

Room Information

Room Name Length Width Level
Living Room 20.00 15.00 Main
Kitchen 12.00 12.00 Main
Master Bedroom 15.00 15.00 Main
Laundry
IDX
Listing Office: Boyd, Schmidt and Brannum
Source MLS Verified
Last Updated: June - 30 - 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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