701 S Olive Avenue 409, West Palm Beach, FL 33401

$510,000
Property Type: Residential Bedrooms: 1 Baths: 2 Square Footage: 895 Status: Closed
Current Price: $510,000 List Date: 1/12/2023 Last Modified: 7/01/2026

Overview

Description

Downtown Living at its Finest! This building screams luxury with amenities like 24 hour Valet & security, concierge, rooftop pool, sauna, steam room, fitness facility, movie theatre and more. $2,401.38 is your Quarterly payment and this includes all your maintenance, reserves, cable, internet, all amenities and valet. The best part is PETS are allowed in the building and the grounds are in impeccable condition. This 1 bedroom 1.5 bathroom unit features all brand new stainless steel appliances, wood grain porcelain tile flooring, two balconies and has a 1 car underground parking spot with an underground storage room (not a small cage). The unit has been professionally cleaned and the residents here are amazing!

Listing Details MLS# R10857701

General Property Information

Unit Floor #
4
Property Sub Type
Condominium
Bedrooms Total
Yes
Bathrooms Total
2
Bathrooms Full
Yes
Bathrooms Half
Yes
Building Area Main
895
Building Area Source
Public Records
Living Area Main
895
Year Built
2008
Garage YN
Yes
Garage Spaces
Yes
Covered Spaces
Yes
Gated Community YN
No
Lot Size Area
43560
Lot Size Acres
Yes
Senior Community YN
No
Outdoor Living Spaces YN
Yes
Stories Total
12
Direction Faces
South
Pool Private YN
No
Spa YN
No
Furnished
Unfurnished

Property Features

Application Information: Personal Interview Required Association Fee Includes: Cable TV; Common Areas; Insurance; Maintenance Grounds; Security; Trash; Water Electric: Three Phase Flooring: Laminate Parking Features: Assigned; Garage Property Condition: Resale Appliances: Dishwasher; Dryer; Electric Range; Refrigerator; Washer; Water Heater Water Heater Details: Electric Water Heater Construction Materials: CBS; Concrete Cooling: Central Air Association Type: Condominium Heating: Central; Electric Laundry Features: Inside Listing Terms: Cash; Conventional Pets Allowed YN: Yes Possession: Close Of Escrow; Negotiable Restrictions: Buyer Approval Required Security Features: Fire Sprinkler System; Lobby - Attended; Security Guard; Security Patrol Sewer: Public Sewer Tax Information: City/County Utilities: Cable Available; Sewer Available; Water Available View: Garden Water Access: None Water Source: Public Outdoor Living Spaces: Balcony Balcony Details: Balcony - Open Contingencies: Other Room Types: Kitchen; Laundry; Living Room; Master Bedroom Acreage Description: 1 To Less Than 2 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
585000

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
409
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
Elementary School
Roosevelt
Middle Or Junior School
Conniston Community
High School
Forest Hill
Special Assessment YN
No
Parcel Number
74434322410000409
Zoning
QGD-25
Directions
I-95 East on Okeechobee, North on Olive Ave, 2nd block on left, directly across from Hyatt Hotel

Financial Information

Association YN
Yes
Association Deposit YN
No
Association Fee
800.46
Association Fee Frequency
Monthly
Association Membership
Mandatory
Application Required YN
Yes
Membership Fee Required YN
No
Tax Annual Amount
7121.41
Tax Year
2022
Tax Legal Description
TWO CITY PLAZA CONDO UNIT 409

Status Change Information

Major Change Timestamp
2023-04-24T18:32:08Z
Major Change Type
Status Change
Price Change Timestamp
2023-03-01T18:39:16Z
Status Change Date
2023-04-24
Under Contract Date
2023-03-11
Close Date
2023-04-24
Close Price
510000
Buyer Financing
Cash

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
100

Short Sale Details

Short Sale Addendum
No

Main Level Rooms

Main Level Bathrooms
2
Main Level Bedrooms
Yes

Leasing Restrictions

Leasing - Max Times Per Year
2
Leasing - Minimum Number of Days
180

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
569.83
Original List Price To Close Price
1.14

Originating Details

Originating System Key
20230111194513279549000000
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 14.00 13.00 Main
Laundry
IDX
Listing Office: RE/MAX Properties
Source MLS Verified
Last Updated: July - 01 - 2026
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