701 S Olive Ave Unit 511, West Palm Beach, FL, 33401

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701 S Olive Ave Unit 511, West Palm Beach$1,645,000

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), Central Air

WaterfrontNone

ViewIntracoastal, Ocean

MLS #RX-11040641

StatusActive

About 701 S Olive Ave Unit 511

Spectacular Condo With Breathtaking Views Of The Intracoastal & Ocean. This East Facing Condo Boasts 14' Foot Ceilings With 2 Bedrooms, 2 Bathrooms, & Den. Catch the Panoramic Sunrise Over The Ocean From Every Room. Newly Renovated To Include Upgraded Cabinetry & Granite Counters in Kitchen, New Overhead Lighting, Modern Fixtures, Enclosed Den With 14'Foot Ceilings, California Closets, Hardwood Floors In Bedrooms, & Hunter Douglas Auto Shades. Conveniently Located On The Amenities Level Walk Down The Hall To The State of the Art Fitness Center, Club Room, Movie Theater & Outdoor Zen Garden. Two City Plaza Features Resort Rooftop Pool, Hot Tub, Sauna/Steam Room, Summer Kitchen, Outdoor Theatre, Spectacular Intracoastal & Ocean Views, & Valet. Steps To City Place & Clematis Street.

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Property Details

Property Features

Property Information:

• Year Built: 2008
• Stories: 21
• Living Area: 1,461 SqFt

Listing Office:

• Office Name: The Keyes Company (PBG)
• Office Phone: (561) 845-6036
• Listing Agent: Julie Modelski

Interior Features

Interior Information:

• Appliances: Cooktop, Dishwasher, Disposal, Dryer, Freezer, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
• Flooring Type: Ceramic Tile, Marble, Wood Floor
• Interior: Closet Cabinets, Elevator, Fire Sprinkler, French Door, Roman Tub, Split Bedroom, Volume Ceiling, Walk-in Closet

Bedroom and Bathroom Information:

• Full Bathrooms: 2
• Total Bedroom Count: 2

Exterior Features

Exterior Information:

• Private Pool: No
• Waterfront: None
• View: Intracoastal, Ocean
• Exterior: Open Balcony

Parking Information:

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

Virtual/3D Tour

• Virtual Tour: 701 S Olive Ave Unit 511

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Utilities

Utilities Information:

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

Other

Directions Information:

• Directions: I95 E on Okeechobee Blvd. North on S Olive. Complimentary Valet Parking

Price Information

Listing Price Info

Price Summary:

• List Price: $1,645,000
• Price Per SqFt: $1,126/SqFt

HOA Fees:

• Amount: $1443
• 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 511 vs West Palm Beach

6 DAYS ON ROCKET

-63 Days

$1,645,000

+$1.2M More

$1,126/SqFt

+$852 More

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price and $852/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-11040641

Listing Office:

• Office Name: The Keyes Company (PBG)
• Office Phone: (561) 845-6036
• Listing Agent: Julie Modelski

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: 12/4/2024, 3:20:48 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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**Disclosures

Rocket Homes›Florida›Palm Beach County›West Palm Beach›33401›701 S Olive Ave Unit 511

This home is located at 701 S Olive Ave Unit 511 in West Palm Beach, FL and zip code 33401 in the Downtown neighborhood. This 1,461 square foot home was built in 2008. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 27, 2024 and is currently priced at $1,645,000.

West Palm Beach, FL housing market in November 2024 saw over 17 listings sold above listed price, more than 25 sold at listed price and over 146 sold below. Between October 2024 and November 2024, West Palm Beach, FL real estate market has seen increase in the number of listings by 11.1%. Listings spent 69 days on the market in November 2024, and had a median list price of $399,465 during the same period.

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