701 S Olive Ave Unit 116, West Palm Beach, FL, 33401

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701 S Olive Ave Unit 116, West Palm Beach$1,250,000

Buyer Closing Credits

$10,000^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeCondominium

ParkingAssigned, Garage - Building

Garage1 space

Year Built2008

HeatingCentral

CoolingCeiling Fan(s)

WaterfrontNone

ViewCity

MLS #RX-10953914

StatusActive

About 701 S Olive Ave Unit 116

Incredible Opportunity for High Profile Commercial Space located in the Luxury Corridor of Downtown West Palm Beach! Corner Commercial WORK/LIVE Unit at Two City Plaza Luxury Condos offers Direct North Frontage on Trinity St. Soaring 22' Ceiling Height with Porcelain Flooring and Open Floor Plan offers endless possibilities for your Business or Office! Oak Stairway leads to Second Level featuring Glass Enclosed Private Office with Full Bath and Large Closet. A Light & Bright Fresh Palette awaits your personal touch in the ever thriving Downtown Market.Perfect for Art Gallery, Professional Offices, Convenience Store,Salon,Retail, Pet Shop, Sandwich Shoppe are approved uses. 100% Walkability, strategically located between 3 Hotels, 6 Major Urban Towers, & Office Buildings, & THE SQUARE!

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Property Details

Property Features

Property Information:

• Year Built: 2008
• Stories: 21
• Living Area: 1,290 SqFt

Listing Office:

• Office Name: Luxe Life Realty LLC
• Office Phone: (561) 907-8155
• Listing Agent: Colleen Foley

Interior Features

Interior Information:

• Appliances: Dishwasher, Disposal, Fire Alarm, Ice Maker, Microwave, Refrigerator, Electric Water Heater
• Flooring Type: Carpet, Tile
• Interior: Fire Sprinkler, Volume Ceiling, Walk-in Closet

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

• Private Pool: No
• Waterfront: None
• View: City
• Exterior: None

Parking Information:

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

Virtual/3D Tour

• Virtual Tour: 701 S Olive Ave Unit 116

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Utilities

Utilities Information:

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

Other

Directions Information:

• Directions: 701 S >Olive Ave West Palm Beach, FL 33401Valet Parking

Price Information

Listing Price Info

Price Summary:

• List Price: $1,250,000
• Price Per SqFt: $969/SqFt

HOA Fees:

• Amount: $907
• Frequency: Monthly

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Housing Market Comparison

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

West Palm Beach, FL

City

Med. Sold Price

$399.4K

Med. Price/SqFt

$273

Avg. Days On Market

69

# of Sold Homes

188

701 S Olive Ave Unit 116 vs West Palm Beach

326 DAYS ON ROCKET

+257 Days

$1,250,000

+$850.5K More

$969/SqFt

+$695 More

KEY TAKEAWAY

This property is $850.5K more than the Median Sold Price and $695/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-10953914

Listing Office:

• Office Name: Luxe Life Realty LLC
• Office Phone: (561) 907-8155
• Listing Agent: Colleen Foley

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: 12/18/2024, 7:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Property Sales & Tax

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Total Monthly Payment

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**Disclosures

Rocket Homes›Florida›Palm Beach County›West Palm Beach›33401›701 S Olive Ave Unit 116

This home is located at 701 S Olive Ave Unit 116 in West Palm Beach, FL and zip code 33401 in the Downtown neighborhood. This 1,290 square foot home was built in 2008. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since January 26, 2024 and is currently priced at $1,250,000.

While more than 17 listings in West Palm Beach, FL in November 2024 were sold above asking price, there were more than 25 listings sold at asking price, and more than 146 were sold below. In November 2024 in West Palm Beach, FL there were 11.1% more homes for sale than in October 2024. In November 2024, listings were on the market for 69 days. During the same period, the median list price in this real estate market was $399,465.

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