701 S Olive Ave Unit 1803, 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 1803, West Palm Beach$2,395,000

Buyer Closing Credits

$10,000^*

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

Garage1 space

Year Built2008

HeatingElectric

CoolingElectric

WaterfrontNone

MLS #RX-11033087

StatusActive

About 701 S Olive Ave Unit 1803

Introducing the LARGEST 2 BEDROOM FLOOR PLAN IN TWO CITY PLAZA ! The Perfect Pristine Penthouse Level Corner Residence offers 2,352 sf of Luxury Living! Featuring 2 BDRM/2.5 BATH w/ Large DEN for all your family needs! The Beautiful Marble flooring reflects the natural light in this stunning Open Floor Plan & w/ Floor to Ceiling IMPACT Windows, Custom Drapery & Solar Shades. Sliding glass doors off of Dining Room leads to 1 of 2 balconies. Chef's Kitchen shines with CRISTALLO QUARTZITE complimented by QUADRATO MOTHER OF PEARL Backsplash, Jenn Air Refrigerator, Wolf Cooktop, featuring Large Pantry & Eat-in-Kitchen. Primary Bedroom 'En Suite features Private Balcony, Large Custom Closet, & Expansive Marble Bath with Frameless Shower and Soaking Tub. Valet Parking, 100% Walkability

View More

Property Details

Property Features

Property Information:

• Year Built: 2008
• Stories: 21
• Living Area: 2,352 SqFt

Listing Office:

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

Interior Features

Interior Information:

• Appliances: Dishwasher, Dryer, Fire Alarm, Freezer, Ice Maker, Microwave, Electric Range, Refrigerator, Washer, Electric Water Heater
• Flooring Type: Carpet, Marble
• Interior: Entry Lvl Lvng Area, Foyer, Split Bedroom

Bedroom and Bathroom Information:

• Partial Bathrooms: 1
• Full Bathrooms: 2
• Total Bedroom Count: 2

Exterior Features

Exterior Information:

• Private Pool: No
• Waterfront: None

Parking Information:

• Garage Space: 1 space
• Attached Garage: No
• Parking: Assigned

Virtual/3D Tour

• Virtual Tour: 701 S Olive Ave Unit 1803

Virtual Tour

Utilities

Utilities Information:

• Heating: Electric
• Cooling: Electric

Other

Directions Information:

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

Price Information

Listing Price Info

Price Summary:

• List Price: $2,395,000
• Price Per SqFt: $1,018/SqFt

HOA Fees:

• Amount: $2223
• 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

$399.4K

Med. Price/SqFt

$273

Avg. Days On Market

69

# of Sold Homes

188

701 S Olive Ave Unit 1803 vs West Palm Beach

39 DAYS ON ROCKET

-30 Days

$2,395,000

+$1.9M More

$1,018/SqFt

+$744 More

KEY TAKEAWAY

This property is $1.9M more than the Median Sold Price and $744/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-11033087

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, 6:20:52 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.

$14.2K

Per Month

Principal & Interest

$11.9K

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)

$2,223

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

$7,247

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 1803

This home is located at 701 S Olive Ave Unit 1803 in West Palm Beach, FL and zip code 33401 in the Downtown neighborhood. This 2,352 square foot home was built in 2008. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 08, 2024 and is currently priced at $2,395,000.

Over 17 listings were sold over their listed price in November 2024 in West Palm Beach, FL. In the same period over 146 listings were sold below the listed price and 25 listings were sold for the listed price. The number of listings in West Palm Beach, FL increased by 11.1% between October 2024 and November 2024. While the average time on the market in November 2024 was 69 days, the median list price was $399,465.

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