701 S Olive Ave Unit 806, West Palm Beach, FL, 33401

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701 S Olive Ave Unit 806, West Palm Beach$744,000

Buyer Closing Credits

$8,835^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeCondominium

ParkingGarage - Building

Garage1 space

Year Built2008

CoolingCentral Air

WaterfrontNone

ViewGarden

MLS #RX-11007879

StatusAccepting Backup Offers
(Active Under Contract)

About 701 S Olive Ave Unit 806

Discover the epitome of luxury living in the iconic Two City Plaza Luxury building in the heart of downtown West Palm Beach. This pristine residence features 2 bedrooms and 2 baths, including a premium garage parking space on Mez level. The main living areas offer elegant marble flooring, enjoy ultra-high ceilings and a light-open kitchen with light granite countertops to give this residence a spacious airy-feel. Recent upgrades include a newer HVAC system, water heater, and washer/dryer. The master suite is a sanctuary with a spacious bathroom featuring dual sinks, a vanity area, an all-marble shower, and a soaking tub. A large fitted walk-in closet and a linen closet provide ample storage. The second bedroom offers generous space for versatility. This home boasts serene views of the...

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Property Details

Property Features

Property Information:

• Architectural Style: 4+ Floors
• Year Built: 2008
• Stories: 21
• Living Area: 1,170 SqFt

Listing Office:

• Office Name: Douglas Elliman
• Office Phone: (561) 655-8600
• Listing Agent: Christopher Cronican

Interior Features

Interior Information:

• Appliances: Dishwasher, Disposal, Dryer, Fire Alarm, Freezer, Microwave, Electric Range, Refrigerator, Washer, Electric Water Heater
• Flooring Type: Carpet, Tile
• Interior: Entry Lvl Lvng Area, Fire Sprinkler, Pantry, 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: Garden
• Exterior: Covered Balcony, Open Balcony

Parking Information:

• Garage Space: 1 space
• Parking: Garage - Building

Virtual/3D Tour

• Virtual Tour: 701 S Olive Ave Unit 806

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Utilities

Utilities Information:

• Cooling: 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: $744,000
• Price Per SqFt: $636/SqFt

HOA Fees:

• Amount: $1120
• 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 806 vs West Palm Beach

146 DAYS ON ROCKET

+77 Days

$744,000

+$344.5K More

$636/SqFt

+$362 More

KEY TAKEAWAY

This property is $344.5K more than the Median Sold Price and $362/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-11007879

Listing Office:

• Office Name: Douglas Elliman
• Office Phone: (561) 655-8600
• Listing Agent: Christopher Cronican

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: 12/22/2024, 9:20:52 PM 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 806

This home is located at 701 S Olive Ave Unit 806 in West Palm Beach, FL and zip code 33401 in the Downtown neighborhood. This 1,170 square foot home was built in 2008. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 29, 2024 and is currently priced at $744,000.

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. Between October 2024 and November 2024, West Palm Beach, FL real estate market has seen increase in the number of listings by 11.1%. 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.