801 S Olive Ave Unit 1503, West Palm Beach, FL, 33401

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801 S Olive Ave Unit 1503, West Palm Beach$1,650,000

Buyer Closing Credits

$10,000^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeCondominium

Parking2+ Spaces, Assigned, Covered, Garage - Building

Garage2 spaces

Year Built2006

HeatingCentral, Electric

CoolingCentral Air, Electric

WaterfrontNone

ViewIntracoastal, Ocean

MLS #RX-11036395

StatusActive

About 801 S Olive Ave Unit 1503

Porcelain tile plank wood flooring, Custom closets throughout, Quartz countertops 2 1/2-inch edge, Subzero & Wolf appliances, wine cooler, acrylic gloss cabinets, LED plus dimmers. 4 built ins stay, 2 Premium parking too! BEST PARKING SPOTS 169 & 170 with rare private Storage room P6-C1 Dog up to 60lbs or 2 dogs up to 60lbs. The Association is in full compliance with the statutory 'Structural Integrity Reserve Study' (SIRS) requirements. The are no prefunding requirements nor are there any projected increase in reserve funding outside of cost of living. It should also be noted that as part of the SIRS inspection, no structural issues were noted by the engineer performing the inspection. There are NO special assessments being considered. Swimming Pool Gym Sauna

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Property Details

Property Features

Property Information:

• Year Built: 2006
• Stories: 16
• Living Area: 1,437 SqFt

Listing Office:

• Office Name: Luxury Real Estate Group LLC
• Office Phone: (561) 929-7304
• Listing Agent: Ginger L Gowing

Interior Features

Interior Information:

• Appliances: Cooktop, Dishwasher, Disposal, Dryer, Fire Alarm, Freezer, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
• Flooring Type: Tile, Wood Floor
• Interior: Built-in Shelves, Closet Cabinets, Custom Mirror, 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: Intracoastal, Ocean
• Exterior: Covered Balcony

Parking Information:

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

Virtual/3D Tour

• Virtual Tour: 801 S Olive Ave Unit 1503

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Utilities

Utilities Information:

• Heating: Central, Electric
• Cooling: Central Air, Electric

Other

Directions Information:

• Directions: 95 to Okeechobee Blvd East to South Olive Ave. Hard left on S Olive Ave and free parking valet in front of building your left

Price Information

Listing Price Info

Price Summary:

• List Price: $1,650,000
• Price Per SqFt: $1,148/SqFt

HOA Fees:

• Amount: $1607
• Frequency: Monthly

Tax Information:

• Annual Amount: $13,747
• Tax Year: 2020

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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

801 S Olive Ave Unit 1503 vs West Palm Beach

35 DAYS ON ROCKET

-34 Days

$1,650,000

+$1.2M More

$1,148/SqFt

+$874 More

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price and $874/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-11036395

Listing Office:

• Office Name: Luxury Real Estate Group LLC
• Office Phone: (561) 929-7304
• Listing Agent: Ginger L Gowing

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: 12/18/2024, 4:20:51 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

Listing History

DATE	EVENT	PRICE
Jul 07, 2021	Jul 07, 2021Home Sold	$1,150,000
Dec 01, 2017	Dec 01, 2017Home Sold	$910,000
Aug 02, 2007	Aug 02, 2007Home Sold	$525,000
Mar 27, 2006	Mar 27, 2006Home Sold	$554,980

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$13,747	$590,000
2019	$16,212	$705,000
2018	$15,365	$715,000
2017	$8,896	$425,430

History based on county public records data.

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**Disclosures

Rocket Homes›Florida›Palm Beach County›West Palm Beach›33401›801 S Olive Ave Unit 1503

This home is located at 801 S Olive Ave Unit 1503 in West Palm Beach, FL and zip code 33401 in the Downtown neighborhood. This 1,437 square foot home was built in 2006. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 12, 2024 and is currently priced at $1,650,000.

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. The inventory of homes for sale in West Palm Beach, FL between October 2024 and November 2024 increased 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.