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

$400,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,150 Status: Closed
Current Price: $400,000 List Date: 9/10/2015 Last Modified: 7/09/2026

Overview

Description

Modern and stylish condominium nestled in the lush courtyard of Two City Plaza. This unique 5th floor residence features 14 foot ceilings with extra large windows looking out to your own secluded 250 sq. ft terrace on the beautiful palm tree lined courtyard! Enjoy an amazing outdoor space with the convenience and security of a luxury high-rise. This exclusive condo is just 1 of 6 on the courtyard and they barely exist in Downtown! Great option for those who don’t care for heights but would like a condo, or those who miss having a little backyard! Two City Plaza has resort style amenities including a large rooftop pool, indoor & rooftop movie theaters, sauna & steam room, state of the art gym, and clubhouse. Also enjoy breathtaking views of Palm Beach, Intracoastal, & Atlantic Ocean.

Listing Details MLS# R10166510

General Property Information

Unit Floor #
5
Property Sub Type
Condominium
Bedrooms Total
2
Bathrooms Total
2
Bathrooms Full
2
Building Area Main
1150
Building Area Source
Public Records
Living Area Main
1150
Accessibility Features YN
Yes
Year Built
2008
Garage YN
Yes
Garage Spaces
Yes
Covered Spaces
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

Property Features

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 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: Cash; Conventional Membership: No Membership Available 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 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 Outdoor Living Spaces: Patio Patio Details: Patio - Open Contingencies: Financing 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
429000

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 North. Second building on the left. Valet available

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
5829
Tax Year
2014
Tax Legal Description
TWO CITY PLAZA CONDO UNIT 505

Status Change Information

Major Change Timestamp
2015-12-17T17:23:35Z
Major Change Type
Status Change
Price Change Timestamp
2015-10-23T20:03:50Z
Status Change Date
2015-12-17
Under Contract Date
2015-11-12
Close Date
2015-12-15
Close Price
400000
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

Room Types

Kitchen Level
First
Living Room Level
First
Master Bedroom Level
First

Price Calculations

Current Price To SqFt
347.82
Original List Price To Close Price
1.07

Originating Details

Originating System Key
20150910151701082487000000
Originating System ID
M00000170

Room Information

Room Name Length Width Level
Living Room 15.00 13.00 First
Kitchen 9.00 7.00 First
Master Bedroom 13.00 12.00 First
Laundry
IDX
Listing Office: Modern Living Real Estate LLC
Source MLS Verified
Last Updated: July - 09 - 2026
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