701 S Olive Ave Unit 1105, West Palm Beach, FL, 33401

Location

Get An Agent. Get A Mortgage.

Let Us Help You Buy A Home And Save BIG

Save BIG.

701 S Olive Ave Unit 1105, West Palm Beach$840,000

Buyer Closing Credits

$9,975^*

1.25% Loan Amount

Sell Your Home And Save More

Connect With An Agent

Still Have Questions? Contact Us.

1 (855) 200-2001

Property Highlights

Home TypeCondominium

ParkingAssigned, Covered, Garage - Building

Garage1 space

Year Built2008

HeatingCentral, Electric

CoolingCentral Air, Electric

WaterfrontNone

ViewGarden

MLS #RX-11036867

StatusActive

About 701 S Olive Ave Unit 1105

Discover this stunning 2bed 2bath annual rental in the prestigious Two City Plaza. Ideally located in the heart of Downtown West Palm Beach. Surrounded by everything you need. CityPlace, upscale restaurants, shopping, vibrant nightlife, Clematis Street, Worth Ave, Palm Beach Island, the beaches, Brightline high speed train, PB Airport and I95. Building offers 24-hour front desk service, security, valet parking. Breathtaking rooftop pool, hot tub offering panoramic views, a sauna and steam room and a state-of-the-art fitness center. An outdoor kitchen w/ BBQ area dog walk area, indoor & outdoor movie theater.This rental offers the perfect balance of luxury, convenience, and entertainment, making it the ideal place to call home. *NOTE: Some photos are virtually staged.

View More

Property Details

Property Features

Property Information:

• Year Built: 2008
• Stories: 21
• Living Area: 1,170 SqFt

Listing Office:

• Office Name: IJL Real Estate Group LLC
• Office Phone: (561) 271-1490
• Listing Agent: Ivy J Lipkin Jimenez

Interior Features

Interior Information:

• Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer, Electric Water Heater
• Flooring Type: Ceramic Tile
• Interior: Roman Tub, Split Bedroom, Walk-in Closet

Bedroom and Bathroom Information:

• Full Bathrooms: 2
• Total Bedroom Count: 2

Exterior Features

Exterior Information:

• Private Pool: No
• Waterfront: None
• View: Garden
• Exterior: Covered Balcony

Parking Information:

• Garage Space: 1 space
• Attached Garage: No
• Parking: Assigned, Covered, Garage - Building

Virtual/3D Tour

• Virtual Tour: 701 S Olive Ave Unit 1105

Virtual Tour

Utilities

Utilities Information:

• Heating: Central, Electric
• Cooling: Central Air, Electric

Other

Directions Information:

• Directions: 95 East on Okeechobee Blvd to Olive Ave and make a left (North) Two City is the 2nd building on the left across from the Hyatt

Price Information

Listing Price Info

Price Summary:

• List Price: $840,000
• Price Per SqFt: $718/SqFt

HOA Fees:

• Amount: $1148
• Frequency: Monthly

What can I afford?

Understand what home price range makes sense for your budget.

See What I Can Afford

Housing Market Comparison

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

West Palm Beach, FL

City

Med. Sold Price

$395.6K

Med. Price/SqFt

$272

Avg. Days On Market

72

# of Sold Homes

196

701 S Olive Ave Unit 1105 vs West Palm Beach

3 DAYS ON ROCKET

-69 Days

$840,000

+$444.3K More

$718/SqFt

+$445 More

KEY TAKEAWAY

This property is $444.3K more than the Median Sold Price and $445/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-11036867

Listing Office:

• Office Name: IJL Real Estate Group LLC
• Office Phone: (561) 271-1490
• Listing Agent: Ivy J Lipkin Jimenez

All 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: 11/17/2024, 10:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

View More

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.

$5,408

Per Month

Principal & Interest

$4,193

Home Price

Home PriceThe dollar amount you pay for the home.

$

Interest Rate

Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.

%

Down Payment

Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.

$Down PaymentPercent%

Loan Term

Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.

30 year25 year20 year15 year10 year

Property Taxes

$0

Annual Cost

Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.

$/ Year

Mortgage Insurance

$0

Monthly Premium

Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.

$/ Month

Homeowners Insurance

$67

Monthly Premium

Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.

$/ Month

Homeowners Association (HOA)

$1,148

Monthly Fees

Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.

$/ Month

Utilities

$0

Monthly Cost

Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.

$/ Month

*Disclosures

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,585

See More Options

Connect With A Banker

Powered By

Advertisement

NMLS#3030

**Disclosures

Rocket Homes›Florida›Palm Beach County›West Palm Beach›33401›701 S Olive Ave Unit 1105

This home is located at 701 S Olive Ave Unit 1105 in West Palm Beach, FL and zip code 33401 in the Downtown neighborhood. This 1,170 square foot home was built in 2008. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 14, 2024 and is currently priced at $840,000.

While more than 16 listings in West Palm Beach, FL in October 2024 were sold above asking price, there were more than 27 listings sold at asking price, and more than 153 were sold below. In October 2024 in West Palm Beach, FL there were 7.1% more homes for sale than in September 2024. In October 2024, listings were on the market for 72 days. During the same period, the median list price in this real estate market was $395,666.

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