2 months on rocket

701 S Olive Ave Unit 311, West Palm Beach, FL, 33401

$2,999,900

2 Bedrooms
2 Full Baths, 1 Partial
2,117 SqFt
$1,417/SqFt
Condo

Location

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Property Highlights

Home TypeCondominium
Parking2+ Spaces, Assigned, Covered, Garage - Building, Guest
Garage2 spaces
Year Built2008
HeatingElectric
CoolingCeiling Fan(s), Central Air, Electric
WaterfrontNone
MLS #RX-11028352
StatusActive

About 701 S Olive Ave Unit 311

Stunning SE corner unit with soaring 14-ft ceilings, tray ceilings, floor to ceiling oversized windows, & sliders that fill every room with natural light. This 2-bedroom, 2.5-bath condo spans 2,117 sqft plus a den & 5 covered balconies! Maintenance free porcelain floors, huge walk in closets, motorized & manual sunshades, custom lighting, & custom closets. The kitchen offers all new Kitchen Aid appliances 2024, breakfast bar & an eat-in area w/ a spacious balcony. Additional conveniences include 2 premium parking spots, one on the same floor as the condo, and a storage room. The building offers a variety of luxurious amenities, including a rooftop pool, sauna and steam room, and rooftop lounge areas. For entertainment, residents can enjoy a moonlight movie theater, a private indoor thea

Property Details

Property Features

Property Information:

  • Architectural Style: < 4 Floors
  • Year Built: 2008
  • Stories: 21
  • Living Area: 2,117 SqFt

Listing Office:

  • Office Name: NextHome Real Estate Executives
  • Office Phone: (561) 207-7647
  • Listing Agent: James T Madalone

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Ice Maker, Microwave, Electric Range, Refrigerator, Oven, Washer/Dryer Connection
  • Flooring Type: Marble
  • Interior: Built-in Shelves, Closet Cabinets, Ctdrl/Vault Ceilings, Foyer, Pantry, Roman Tub, Split Bedroom, Volume Ceiling, Walk-in Closet

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

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

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: 2+ Spaces, Assigned, Covered, Garage - Building, Guest

Virtual/3D Tour

  • Virtual Tour: 701 S Olive Ave Unit 311
Virtual Tour

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: East on Okeechobee , left on S Olive to #701 S Olive (Two City Plaza Building) pull upfront to valet

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,999,900
  • Price Per SqFt: $1,417/SqFt

HOA Fees:

  • Amount: $2016
  • Frequency: Monthly
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Housing Market Comparison

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

Med. Sold Price

$399.4K

Med. Price/SqFt

$273

Avg. Days On Market

69

# of Sold Homes

188

701 S Olive Ave Unit 311 vs West Palm Beach

65 DAYS ON ROCKET

-4 Days

$2,999,900

+$2.6M More

$1,417/SqFt

+$1.1K More

KEY TAKEAWAY

This property is $2.6M more than the Median Sold Price and $1.1K/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-11028352

Listing Office:

  • Office Name: NextHome Real Estate Executives
  • Office Phone: (561) 207-7647
  • Listing Agent: James T Madalone

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: 12/19/2024, 1:25:11 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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

Payment Calculator

$17K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$9,060

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NMLS#3030

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-137106
8
/10
  • Palm Beach Public School

  • 239 Cocoanut Row

  • 0.73 miles

  • Public Magnet Grades KG-5

school-card-donut-137107
5
/10
  • U. B. Kinsey/Palmview Elementary School

  • 800 11th St

  • 1.26 miles

  • Public Magnet Grades PK-5

school-card-donut-137108
3
/10
  • Belvedere Elementary School

  • 3000 Parker Ave

  • 1.51 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,908. Typical income of West Palm Beach, FL residents is between $35k-100k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 701 S Olive Ave Unit 311

What is the listing price of this property?

The listing price of 701 S Olive Ave Unit 311 property is $2,999,900.

What type of property is this?

The property 701 S Olive Ave Unit 311 is a condo located in West Palm Beach, Florida, 33401.

Is this property for sale now?

Active Listing: 701 S Olive Ave Unit 311 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 701 S Olive Ave Unit 311 has 2 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 701 S Olive Ave Unit 311 is 2,117 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 701 S Olive Ave Unit 311 is 2008.
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Rocket Homes›Florida›Palm Beach County›West Palm Beach›33401›701 S Olive Ave Unit 311

This home is located at 701 S Olive Ave Unit 311 in West Palm Beach, FL and zip code 33401 in the Downtown neighborhood. This 2,117 square foot home was built in 2008. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 14, 2024 and is currently priced at $2,999,900.

In November 2024, from all listings sold in West Palm Beach, FL there were more than 17 sold above asking price, over 146 sold below and more than 25 were sold right at the asked price. The number of homes for sale in West Palm Beach, FL increased by 11.1% between October 2024 and November 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.

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