701 S Olive Avenue 503, West Palm Beach, FL 33401 (MLS# R10924337)

701 S Olive Avenue 503, West Palm Beach, FL 33401

$1,150,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,324 Status: Closed
Current Price: $1,150,000 List Date: 10/03/2023 Last Modified: 6/30/2026

Overview

Description

In the heart of downtown West Palm Beach, you'll find a stunning fully renovated condo that exudes modern luxury. This spacious residence boasts two generously sized bedrooms each with its own private bathroom, and a versatile den that can serve as a home office or additional living space. With soaring 14-foot ceilings, this condo offers an open and airy atmosphere that's truly captivating. Enter into the heart of this home, the designer kitchen, where no expense was spared. It features all new appliances, exquisite countertops with oversized waterfall island and custom cabinetry, making it a chef's dream come true. The entire condo showcases all-new flooring that adds elegance to the space. Designer lighting, window treatments and molding add the final touches to truly make it special...

Supplements: 1 garage-parking space and storage. Amenities in this full-service building are endless; 24-hr security-concierge, roof top pool, hot tub, sauna, steam room, brand new fully-renovated state of the art gym, outdoor kitchen w/ BBQ area and all NEW Restoration Hardware furniture, outdoor & indoor movie theaters, club room, table tennis, lanai courtyar ...

Listing Details MLS# R10924337

General Property Information

Number Of Units In Community
467
Total Units In Building
467
Unit Floor #
5
Property Sub Type
Condominium
Bedrooms Total
2
Bathrooms Total
2
Bathrooms Full
2
Building Area Main
1324
Building Area Source
Public Records
Living Area Main
1324
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
South
Pool Private YN
No
Builder Model
''B6''
Furnished
Unfurnished

Property Features

Association Fee Includes: Cable TV; Common Areas; Elevator; Insurance; Security; Trash; Water Dining Area: Dining/Living Room; Eat-In Kitchen; Snack Bar/Counter Electric: Three Phase 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 Cooling: Central Air Association Type: Homeowner Association Heating: Central Interior Features: Bedroom Layout - Split; Built-in Features; Cathedral Ceiling(s); Closet Cabinetry; High Ceilings; Kitchen Island; Roman Tub; Storage; Vaulted Ceiling(s); Walk-In Closet(s) Laundry Features: Inside; Laundry Closet Listing Terms: Cash; Conventional Lot Features: Sidewalks Pets Allowed YN: Yes Possession: Close Of Escrow Restrictions: Buyer Approval Required; Lease Restrictions Other Leasing Restrictions: Tenant Approval Road Frontage Type: East of US-1; Public Road Road Surface Type: Paved 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 Water Access: None Water Source: Public Window Features: Blinds; Storm Window(s) Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent; Listing Agent Must Accompany; Occupied; Text Listing Agent Outdoor Living Spaces: Balcony Balcony Details: Balcony - Covered; Balcony - Open Contingencies: Inspection Room Types: Bedroom 2; Den; Kitchen; Laundry; Living Room; Master Bedroom

Contract Information

Comp Sale YN
No
Original List Price
1175000

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
503
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
74434322410000503
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
1112.16
Association Fee Frequency
Monthly
Association Membership
Mandatory
Application Required YN
Yes
Association Phone
561.202.1902
Membership Fee Required YN
No
Tax Annual Amount
10597.3
Tax Year
2022
Tax Legal Description
TWO CITY PLAZA CONDO UNIT 503

Status Change Information

Major Change Timestamp
2023-12-01T21:53:35Z
Major Change Type
Status Change
Status Change Date
2023-12-01
Under Contract Date
2023-10-23
Close Date
2023-12-01
Close Price
1150000
Buyer Financing
Cash

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
100

Entry Information

Entry Location
Entry Level Living Area Y

Short Sale Details

Short Sale Addendum
No

Main Level Rooms

Main Level Bathrooms
2
Main Level Bedrooms
2

Storm Protection

Impact Glass
Complete

Concessions

Seller Concessions
No

Contributions

Buyer Contributions
No

Room Types

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

Price Calculations

Current Price To SqFt
868.58
Original List Price To Close Price
1.02

Originating Details

Originating System Key
20230926225823663224000000
Originating System ID
M00000170

Room Information

Room Name Length Width Level
Living Room 21.60 13.80 Main
Kitchen 11.00 11.00 Main
Master Bedroom 14.00 13.50 Main
Bedroom 2 12.50 11.60 Main
Den 11.80 8.60 Main
Laundry
IDX
Listing Office: Douglas Elliman
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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