7 months on rocket

701 S Olive Ave Unit 626, West Palm Beach, FL, 33401

$995,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths
1,373 SqFt
$725/SqFt
Condo

Location

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701 S Olive Ave Unit 626, West Palm Beach$995,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Garage - Building, Guest
Garage1 space
Year Built2008
CoolingCeiling Fan(s), Central Air
WaterfrontNone
ViewCity
MLS #RX-10986628
StatusActive

About 701 S Olive Ave Unit 626

Own in one of downtown's sought-after premier buildings in Two City Plaza. Enter into this open, split 2 bed floor plan with fabulous natural light, marble floors, 10 ft ceilings, and beautiful sunsets from two balconies. The master suite offers a huge walk-in closet, linen closet, spa-like bath with dual sinks, separate shower, and large soaking tub. Kitchen boasts 42' cabinets and stainless steel appliance package. Comes with assigned garage parking and private storage. Amenities in this full-service building are top notch; 24-hr security, concierge, complimentary valet parking, and exceptional staff. Relax at the roof top pool on new Restoration Hardware furniture, towel service, hot tub, sauna, and steam room. Workout in the state-of-the-art gym w/ all new equipment and Peloton bikes

Property Details

Property Features

Property Information:

  • Architectural Style: 4+ Floors
  • Year Built: 2008
  • Stories: 21
  • Living Area: 1,373 SqFt

Listing Office:

  • Office Name: Douglas Elliman (Palm Beach)
  • Office Phone: (561) 655-8600
  • Listing Agent: Michelle L Esposito PA

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Fire Alarm, Freezer, Ice Maker, Microwave, Electric Range, Washer, Electric Water Heater
  • Flooring Type: Marble, Tile
  • Interior: Entry Lvl Lvng Area, Fire Sprinkler, Pantry, Roman Tub, Split Bedroom, Walk-in Closet

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • View: City
  • Exterior: Covered Balcony, Open Balcony

Parking Information:

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

Virtual/3D Tour

  • Virtual Tour: 701 S Olive Ave Unit 626
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Utilities

Utilities Information:

  • Cooling: Ceiling Fan(s), Central Air

Other

Directions Information:

  • Directions: I-95 East on Okeechobee, North on Olive Ave, 2nd block on left, directly across from Hyatt Hotel. Complimentary valet parking available.

Price Information

Listing Price Info

Price Summary:

  • List Price: $995,000
  • Price Per SqFt: $725/SqFt

HOA Fees:

  • Amount: $1332
  • 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 626 vs West Palm Beach

225 DAYS ON ROCKET

+156 Days

$995,000

+$595.5K More

$725/SqFt

+$451 More

KEY TAKEAWAY

This property is $595.5K more than the Median Sold Price and $451/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-10986628

Listing Office:

  • Office Name: Douglas Elliman (Palm Beach)
  • Office Phone: (561) 655-8600
  • Listing Agent: Michelle L Esposito PA

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: 12/22/2024, 4:20:52 PM 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

$6,366

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,050

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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-1010074
8
/10
  • Palm Beach Public School

  • 239 Cocoanut Row

  • 0.73 miles

  • Public Magnet Grades KG-5

school-card-donut-1010075
5
/10
  • U. B. Kinsey/Palmview Elementary School

  • 800 11th St

  • 1.26 miles

  • Public Magnet Grades PK-5

school-card-donut-1010076
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. Residents of West Palm Beach, FL typically earn between $35k-100k each year. The majority of families are single, no kids. The majority of 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 626

What is the listing price of this property?

The listing price of 701 S Olive Ave Unit 626 property is $995,000.

What type of property is this?

The property 701 S Olive Ave Unit 626 is a condo located in West Palm Beach, Florida, 33401.

Is this property for sale now?

Active Listing: 701 S Olive Ave Unit 626 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 626 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 701 S Olive Ave Unit 626 is 1,373 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 701 S Olive Ave Unit 626 is 2008.

Rocket Homes›Florida›Palm Beach County›West Palm Beach›33401›701 S Olive Ave Unit 626

This home is located at 701 S Olive Ave Unit 626 in West Palm Beach, FL and zip code 33401 in the Downtown neighborhood. This 1,373 square foot home was built in 2008. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 11, 2024 and is currently priced at $995,000.

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. 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.

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