2 months on rocket

5801 S Olive Ave, West Palm Beach, FL, 33405

$2,975,000

4 Bedrooms
3 Full Baths, 1 Partial
2,783 SqFt
$1,069/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
Parking2+ Spaces
Year Built1926
HeatingCentral
CoolingCentral Air
WaterfrontIntracoastal
FireplaceFireplace(s)
ViewIntracoastal
Private PoolYes
MLS #RX-11017679
StatusActive

About 5801 S Olive Ave

Discover the charm and elegance of this exquisite Mediterranean home, a true gem nestled in one of West Palm Beach's most desirable neighborhoods. Built in 1926 and meticulously renovated in 2022, this residence offers a seamless blend of historic allure and modern sophistication. Thoughtfully designed interiors that radiate both comfort and style, the home featuresinviting living spaces, spacious and beautifully appointed rooms with exquisite architectural details, and abundant natural light. Brand new landscaping and heated pool allow for endless outdoor entertaining. One block from the Intracoastal waterway, this home is not to be missed.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial, Mediterranean
  • Year Built: 1926
  • Stories: 2
  • Living Area: 2,783 SqFt

Listing Office:

  • Office Name: Dodge Real Estate Corp
  • Office Phone: (561) 307-0925
  • Listing Agent: Elizabeth Lary

Interior Features

Interior Information:

  • Appliances: Generator Hookup, Gas Water Heater
  • Flooring Type: Ceramic Tile, Wood Floor
  • Interior: Fireplace(s)
  • Fireplace: Fireplace(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Intracoastal
  • View: Intracoastal
  • Exterior: Auto Sprinkler, Fence, Open Balcony, Open Patio, Outdoor Shower

Parking Information:

  • Parking: 2+ Spaces

Virtual/3D Tour

  • Virtual Tour: 5801 S Olive Ave
Virtual Tour

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: US 1 to Ellamar Rd, East to Olive. House is on the SW corner of Olive and Ellamar.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,975,000
  • Price Per SqFt: $1,069/SqFt

Tax Information:

  • Annual Amount: $8,851
  • 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

5801 S Olive Ave vs West Palm Beach

79 DAYS ON ROCKET

+7 Days

$2,975,000

+$2.5M More

$1,069/SqFt

+$796 More

KEY TAKEAWAY

This property is $2.5M more than the Median Sold Price and $796/SqFt more than other homes in West Palm Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #RX-11017679

Listing Office:

  • Office Name: Dodge Real Estate Corp
  • Office Phone: (561) 307-0925
  • Listing Agent: Elizabeth Lary

IDXAll listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc.

This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/22/2024, 3:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 12, 2021Home Sold
$990,000
Nov 27, 2019Home Sold
$703,000
Feb 05, 2016Home Sold
$399,000

Tax History

YEARPROP. TAXASSESSMENT
2020$8,851$432,449
2019$6,813$336,764
2018$6,458$330,485
2017$6,603$334,158

History based on county public records data.

Payment Calculator

$14.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$8,986

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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-506335
5
/10
  • Palmetto Elementary School

  • 5801 Parker Ave

  • 0.65 miles

  • Public Magnet Grades PK-5

school-card-donut-506336
6
/10
  • South Olive Elementary School

  • 7101 S Olive Ave

  • 0.68 miles

  • Public District Grades PK-5

school-card-donut-506337
8
/10
  • Meadow Park Elementary School

  • 956 S Florida Mango Rd

  • 1.62 miles

  • Public Magnet Grades PK-5

Neighborhood

What Are The Neighbors Like?

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

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5801 S Olive Ave

What is the listing price of this property?

The listing price of 5801 S Olive Ave property is $2,975,000.

What type of property is this?

The property 5801 S Olive Ave is a house located in West Palm Beach, Florida, 33405.

Is this property for sale now?

Active Listing: 5801 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 $8,851 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 12, 2021 for $990,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5801 S Olive Ave has 4 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 5801 S Olive Ave is 2,783 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5801 S Olive Ave is 1926.
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Rocket Homes›Florida›Palm Beach County›West Palm Beach›33405›5801 S Olive Ave

This home is located at 5801 S Olive Ave in West Palm Beach, FL and zip code 33405 in the Southside neighborhood. This 2,783 square foot home was built in 1926. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since September 03, 2024 and is currently priced at $2,975,000.

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. The number of listings in West Palm Beach, FL increased by 7.1% between September 2024 and October 2024. While the average time on the market in October 2024 was 72 days, the median list price was $395,666.

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

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