701 S Olive Avenue 505, West Palm Beach, FL 33401

$386,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,140 Status: Closed
Current Price: $386,000 List Date: 5/09/2014 Last Modified: 7/11/2026

Overview

Description

Rare, beautiful 5th floor garden terrace level apartment with private courtyard patio. Two large split bedrooms, 14' ceilings and fabulous kitchen and entertaining areas. Full service building amenities include: onsite manager, valet, rooftop pool and spa, steam room, indoor and outdoor theaters, state of the art fitness center with massage room, club room and panoramic rooftop views. Walking distance to restaurants, shopping and entertainment in City Place, Kravis Center, Clematis Street and just across the bridge from Palm Beach and beaches. 15 minutes from the airport.

Listing Details MLS# R10039828

General Property Information

Total Units In Building
467
Unit Floor #
5
Property Sub Type
Condominium
Bedrooms Total
2
Bathrooms Total
2
Bathrooms Full
2
Building Area Main
1140
Building Area Source
Public Records
Living Area Main
1140
Accessibility Features YN
Yes
Year Built
2008
Garage YN
Yes
Garage Spaces
Yes
Covered Spaces
Yes
Lot Size Area
43560
Lot Size Acres
Yes
Senior Community YN
No
Outdoor Living Spaces YN
Yes
Stories Total
21
Direction Faces
East
Pool Private YN
No
Spa YN
Yes
Furnished
Unfurnished
LP/Assessed Value
2.13

Property Features

Application Information: Personal Interview Required Association Fee Includes: Cable TV; Common Areas; Elevator; Hot Water; Insurance; Maintenance Grounds; Pest Control; Security; Trash; Water Dining Area: Dining/Living Room Electric: Three Phase Flooring: Carpet Leasing Permitted Details: Okay To Lease Parking Features: Garage Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Electric Range; Ice Maker; Refrigerator; Washer; Water Heater Water Heater Details: Electric Water Heater Construction Materials: CBS Cooling: Central Air Association Type: Condominium Heating: Central Interior Features: Bedroom Layout - Split; Entrance Foyer; High Ceilings; Walk-In Closet(s) Laundry Features: Inside; Laundry Closet Listing Terms: Conventional Pets Allowed YN: Yes Pets Allowed: Number Limit Pool Features: Heated Possession: Close Of Escrow Restrictions: Buyer Approval Required Other Leasing Restrictions: Tenant Approval Road Frontage Type: East of US-1 Security Features: Fire Alarm; Lobby - Attended; Security Patrol; Smoke Detector(s) Sewer: Public Sewer Special Information: Sold As-Is Tax Information: City/County Unit Description: Garden Apartment; Interior Hallway Utilities: Cable Available; Sewer Available; Water Available View: Garden Water Access: None Water Source: Public Window Features: Blinds Showing Requirements: Appointment Only; Call Listing Agent; Listing Agent Must Accompany Outdoor Living Spaces: Patio Patio Details: Patio - Open Contingencies: None Room Types: Bedroom 2; Dining Room; Kitchen; Laundry; Living Room; Master Bedroom Acreage Description: 1 To Less Than 2 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
459000

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
505
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
74434322410000505
Zoning
Res
Directions
I 95 to Okeechobee, East to Olive, turn left and valet park

Financial Information

Association YN
Yes
Association Fee
568
Association Fee Frequency
Monthly
Association Membership
Mandatory
Application Required YN
Yes
Membership Fee Required YN
No
Tax Annual Amount
5358.37
Tax Year
2013
Tax Assessed/SOH Value
215000
Tax Legal Description
TWO CITY PLAZA CONDO UNIT 505

Status Change Information

Major Change Timestamp
2014-12-04T21:16:43Z
Major Change Type
Status Change
Status Change Date
2014-12-04
Under Contract Date
2014-11-25
Close Date
2014-12-02
Close Price
386000
Buyer Financing
Cash

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
100

Entry Information

Entry Location
Entry Level Living Area Y

Leasing Permitted Details

Leasing Permitted YN
Yes

Short Sale Details

Short Sale Addendum
No

Leasing Restrictions

Leasing - Max Times Per Year
2

Room Types

Bedroom 2 Level
First
Dining Room Level
First
Kitchen Level
First
Living Room Level
First
Master Bedroom Level
First

Price Calculations

Current Price To SqFt
338.59
Original List Price To Close Price
1.18

Originating Details

Originating System Key
20140407175328179185000000
Originating System ID
M00000170

Room Information

Room Name Length Width Level
Living Room 15.00 13.00 First
Dining Room 11.00 10.00 First
Kitchen 9.00 7.00 First
Master Bedroom 13.00 12.00 First
Bedroom 2 12.00 11.00 First
Laundry
IDX
Listing Office: Brown Harris Stevens of PB
Source MLS Verified
Last Updated: July - 11 - 2026
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