701 S Olive Avenue 518, West Palm Beach, FL 33401 (MLS# R10846840)

701 S Olive Avenue 518, West Palm Beach, FL 33401

$1,750,000
Property Type: Residential Bedrooms: 2 Baths: 3 Square Footage: 3,656 Status: Closed
Current Price: $1,750,000 List Date: 12/01/2022 Last Modified: 7/01/2026

Overview

Description

Have you seen this RARELY AVAILABLE corner unit with OVERSIZED 1,500 SQ FT TERRACE boasting the best private outdoor space in the best building in ALL of Downtown West Palm Beach? This designer furnished, turnkey 2 bed + den/2.5 bath unit also features soaring 14 foot high ceilings, a fully gut renovated kitchen that was just completed, new bathroom vanities/fixtures, fresh paint and baseboards, and 2 premier side by side parking spots on the mezzanine level. Ideal for a family, pet owner, or those who like to entertain. Located walking distance to the waterfront, Rosemary Square, Clematis St, and Palm Beach Island. Two City Plaza has the best amenities in the city including a fully equipped fitness room plus a rooftop pool and amenity deck with panoramic views, bar/grilling area,

Supplements: outdoor theatre, and dog walk.

Listing Details MLS# R10846840

General Property Information

Total Units In Building
467
Unit Floor #
5
Property Sub Type
Condominium
Bedrooms Total
2
Bathrooms Total
3
Bathrooms Full
2
Bathrooms Half
Yes
Building Area Main
3656
Building Area Source
Other
Living Area Main
2156
Year Built
2008
Garage YN
Yes
Garage Spaces
2
Covered Spaces
2
Gated Community YN
No
Senior Community YN
No
Stories Total
21
Direction Faces
Northwest
Pool Private YN
No
Furnished
Furnished

Property Features

Association Fee Includes: Cable TV; Insurance; Maintenance Grounds; Sewer; Trash; Water Electric: Three Phase Flooring: Carpet; Marble Parking Features: Garage Property Condition: Resale Appliances: Dishwasher; Dryer; Free-Standing Freezer; Oven; Washer; Cooktop Construction Materials: CBS Cooling: Central Air Association Type: Homeowner Association Heating: Central Interior Features: Bedroom Layout - Split; French Doors; Walk-In Closet(s) Listing Terms: Cash; Conventional Pets Allowed YN: Yes Pets Allowed: Breed Restrictions Possession: Negotiable Restrictions: Buyer Approval Required Security Features: Lobby - Attended Tax Information: County Only Water Access: None Showing Requirements: Call Listing Agent; Text Listing Agent Contingencies: Inspection Room Types: Bedroom 2; Den; Dining Room; Kitchen; Living Room; Master Bedroom

Contract Information

Comp Sale YN
No
Original List Price
1999000

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
518
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
74434322410000518
Zoning
QGD-25
Directions
Located on the NW corner of S Olive Ave and Lakeview Ave. From i95 head East to S Olive Ave, turn Left (North) to 701 S Olive Ave.

Financial Information

Association YN
Yes
Association Deposit YN
No
Association Fee
1751.71
Association Fee Frequency
Monthly
Association Membership
Mandatory
Application Required YN
Yes
Membership Fee Required YN
No
Tax Annual Amount
15765
Tax Year
2022
Tax Legal Description
TWO CITY PLAZA CONDO UNIT 518

Status Change Information

Major Change Timestamp
2023-02-07T20:07:02Z
Major Change Type
Status Change
Price Change Timestamp
2023-01-04T12:58:46Z
Status Change Date
2023-02-07
Under Contract Date
2023-01-12
Close Date
2023-02-07
Close Price
1750000
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
3
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
Dining Room Level
Main
Kitchen Level
Main
Living Room Level
Main
Master Bedroom Level
Main

Price Calculations

Current Price To SqFt
811.68
Original List Price To Close Price
1.14

Originating Details

Originating System Key
20221118152135084323000000
Originating System ID
M00000170

Room Information

Room Name Length Width Level
Living Room 22.00 19.00 Main
Kitchen 16.00 15.00 Main
Master Bedroom 16.00 14.00 Main
Dining Room 18.00 14.00 Main
Den 13.00 12.00 Main
Bedroom 2 12.00 12.00 Main
IDX
Listing Office: Compass Florida LLC
Source MLS Verified
Last Updated: July - 01 - 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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