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
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
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: 12/19/2024, 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
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$17K
Per Month
Principal & Interest
$14.9K
Home PriceThe dollar amount you pay for the home.
$
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 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.
$%
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.
Property Taxes
$0
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
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
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)
$2,016
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
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
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$9,060
Powered By
Advertisement
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Palm Beach Public School
239 Cocoanut Row
Distance between this listing and this school0.73 miles
Public Magnet Grades KG-5
5
/10
U. B. Kinsey/Palmview Elementary School
800 11th St
Distance between this listing and this school1.26 miles
Public Magnet Grades PK-5
3
/10
Belvedere Elementary School
3000 Parker Ave
Distance between this listing and this school1.51 miles
Public District Grades PK-5
Nearby Schools
4
/10
Academy for Positive Learning
2405 Mercer Ave
Distance between this listing and this school1.38 miles
Public Charter Grades KG-8
4
/10
Roosevelt Community Middle School
1900 N Australian Ave
Distance between this listing and this school1.84 miles
Public Magnet Grades 6-8
2
/10
University Preparatory Academy Palm Beach
2101 N Australian Ave
Distance between this listing and this school1.93 miles
Public Charter Grades KG-8
Nearby Schools
9
/10
Alexander W Dreyfoos Junior School of the Arts
501 S Sapodilla Ave
Distance between this listing and this school0.49 miles
Public Magnet Grades 9-12
1
/10
Worthington High School
1711 Worthington Rd
Distance between this listing and this school1.71 miles
Public Charter Grades 9-12
1
/10
Florida Futures Academy North Campus
1760 N Congress Ave
Distance between this listing and this school2.11 miles
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.
Interested in 701 S Olive Ave Unit 311? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
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.