6 months on rocket

5105 S Olive Ave, West Palm Beach, FL, 33405

$2,600,000

5 Bedrooms
4 Full Baths, 1 Partial
2,904 SqFt
$895/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingAttached Carport, Driveway
Year Built1924
HeatingCentral
CoolingCentral Air, Ceiling Fan(s)
FireplaceDecorative
ViewGarden, Pool
MLS #A11588161
StatusActive

About 5105 S Olive Ave

Completely & luxuriously renovated 1924 Spanish colonial in SoSo offers new construction benefits with historic charm. Original pecky cypress ceilings & doors. Total renovation in 2023: new foundation, framing, roof, stucco, impact windows/doors, flooring, electrical, plumbing, HVAC. Ample natural light, open flow with spacious feel. High-end fixtures. Kitchen with walk-in pantry, Shaker cabinets, quartz countertops, stainless steel appliances, imported Saltillo floor tile. Bright sunroom has original pecky cypress ceiling, imported Saltillo floor tile, and meticulous tile wainscoting. Lushly landscaped, private back patio area has covered loggia with original pecky cypress ceiling and heated smart pool. Private guest suite w/ kitchenette and W/D offers potential rental opportunity.

Property Details

Property Features

Property Information:

  • Architectural Style: Detached, Spanish/Mediterranean
  • Year Built: 1924
  • Living Area: 2,904 SqFt

Listing Office:

  • Office Name: LoKation
  • Office Phone: (954) 545-5583
  • Listing Agent: Adriana Virijevic Cuadros

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Flooring Type: Tile, Wood
  • Interior: Breakfast Bar, Bedroom on Main Level, Dining Area, Separate/Formal Dining Room, Dual Sinks, French Door(s)/Atrium Door(s), First Floor Entry, Fireplace, Kitchen/Dining Combo, Main Level Primary, Pantry, Walk-In Closet(s)
  • Fireplace: Decorative

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • View: Garden, Pool
  • Exterior: Fence, Lighting, Porch, Patio, Security/High Impact Doors

Parking Information:

  • Parking: Attached Carport, Driveway

Virtual/3D Tour

  • Virtual Tour: 5105 S Olive Ave
Virtual Tour

Lot Features

Lot Information:

  • Lot: Sprinklers

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air, Ceiling Fan(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,600,000
  • Price Per SqFt: $895/SqFt

Tax Information:

  • Annual Amount: $2,350
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in West Palm Beach, FL.

Med. Sold Price

$395.6K

Med. Price/SqFt

$272

Avg. Days On Market

72

# of Sold Homes

196

5105 S Olive Ave vs West Palm Beach

183 DAYS ON ROCKET

+111 Days

$2,600,000

+$2.2M More

$895/SqFt

+$622 More

KEY TAKEAWAY

This property is $2.2M more than the Median Sold Price and $622/SqFt more than other homes in West Palm Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11588161

Listing Office:

  • Office Name: LoKation
  • Office Phone: (954) 545-5583
  • Listing Agent: Adriana Virijevic Cuadros

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/14/2024, 9:20:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,350$136,573
2019$2,305$133,502
2018$2,142$131,013
2017$2,085$128,318

History based on county public records data.

Payment Calculator

$13K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,861

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-306885
5
/10
  • Palmetto Elementary School

  • 5801 Parker Ave

  • 0.72 miles

  • Public Magnet Grades PK-5

school-card-donut-306886
6
/10
  • South Olive Elementary School

  • 7101 S Olive Ave

  • 1.00 miles

  • Public District Grades PK-5

school-card-donut-306887
3
/10
  • Belvedere Elementary School

  • 3000 Parker Ave

  • 1.48 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $56,929. Residents of West Palm Beach, FL typically earn between $35k-100k each year. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5105 S Olive Ave

What is the listing price of this property?

The listing price of 5105 S Olive Ave property is $2,600,000.

What type of property is this?

The property 5105 S Olive Ave is a house located in West Palm Beach, Florida, 33405.

Is this property for sale now?

Active Listing: 5105 S Olive Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,350 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5105 S Olive Ave has 5 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 5105 S Olive Ave is 2,904 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5105 S Olive Ave is 1924.
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Rocket HomesFloridaPalm Beach CountyWest Palm Beach334055105 S Olive Ave

This home is located at 5105 S Olive Ave in West Palm Beach, FL and zip code 33405 in the Southside neighborhood. This 2,904 square foot home was built in 1924. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since May 16, 2024 and is currently priced at $2,600,000.

Over 16 listings were sold over their listed price in October 2024 in West Palm Beach, FL. In the same period over 153 listings were sold below the listed price and 27 listings were sold for the listed price. In October 2024 in West Palm Beach, FL there were 7.1% more homes for sale than in September 2024. Listings spent 72 days on the market in October 2024, and had a median list price of $395,666 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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