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1701 S Olive Ave, West Palm Beach, FL, 33401

$3,795,000

5 Bedrooms
4 Full Baths
4,321 SqFt
$878/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
Parking2+ Spaces, Covered, Driveway, Garage - Detached, Guest
Garage2 spaces
Year Built1925
HeatingHeat Pump
CoolingCeiling Fan(s), Central Air, Reverse Cycle
WaterfrontNone
FireplaceFireplace(s)
MLS #RX-10970707
StatusActive

About 1701 S Olive Ave

Great light-filled residence nestled in the vibrant heart of West Palm Beach. This sunlit duplex home offers close proximity to dining, Palm Beach Atlantic University, the Norton Museum of Art, and one block from the Intracoastal Waterway. A short 3-minute drive takes you to the Island of Palm Beach. Updated with storm impact windows and doors, roof straps, central air, and modern electric/plumbing. Features include lofty 10' ceilings, Dade County pine flooring, millwork trim, fireplaces, and a private garden. Solid CBS construction ensures durability. A detached two-car garage with a private one-bedroom apartment. This property offers outstanding potential for housing while including onsite parking. Zoned with three legal rental meters. Call for more information.

Property Details

Property Features

Property Information:

  • Year Built: 1925
  • Stories: 2
  • Living Area: 4,321 SqFt

Listing Office:

  • Office Name: Sotheby's Intl. Realty, Inc.
  • Office Phone: (561) 659-3555
  • Listing Agent: Benjamin S. Stein

Interior Features

Interior Information:

  • Appliances: Automatic Garage Door Opener, Dishwasher, Dryer, Gas Range, Washer, Electric Water Heater
  • Flooring Type: Carpet, Tile, Wood Floor
  • Interior: Built-in Shelves, Entry Lvl Lvng Area, Fireplace(s), Foyer, Split Bedroom, Upstairs Living Area, Volume Ceiling
  • Fireplace: Fireplace(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • Exterior: Auto Sprinkler, Covered Balcony, Custom Lighting, Fence, Open Porch, Zoned Sprinkler

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: 2+ Spaces, Covered, Driveway, Garage - Detached, Guest

Virtual/3D Tour

  • Virtual Tour: 1701 S Olive Ave

Virtual Tour

Lot Features

Lot Information:

  • Lot: Corner Lot, Paved, Sidewalk

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Ceiling Fan(s), Central Air, Reverse Cycle

School Info

Assigned Schools Information:

  • Forest Hill Community High School, Public Magnet Grades 9-12
  • Conniston Middle School, Public Magnet Grades 6-8
  • Palm Beach Public School, Public Magnet Grades KG-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,795,000
  • Price Per SqFt: $878/SqFt

HOA Fees:

  • Amount: $0
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $12,959
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in West Palm Beach, FL.

Med. Sold Price

$382.9K

Med. Price/SqFt

$266

Avg. Days On Market

65

# of Sold Homes

284

1701 S Olive Ave vs West Palm Beach

39 DAYS ON ROCKET

-26 Days

$3,795,000

+$3.4M More

$878/SqFt

+$612 More

KEY TAKEAWAY

This property is $3.4M more than the Median Sold Price and $612/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-10970707

Listing Office:

  • Office Name: Sotheby's Intl. Realty, Inc.
  • Office Phone: (561) 659-3555
  • Listing Agent: Benjamin S. Stein

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: 4/29/2024, 2:25:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$12,959$559,677
2019$12,533$534,938
2018$11,913$526,541
2017$11,625$509,484

History based on county public records data.

Payment Calculator

$19K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$11.4K

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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.

Elementary School

school-card-donut-3160276
7
/10
  • Palm Beach Public School

  • 239 Cocoanut Row

  • 0.94 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-3160277
4
/10
  • Conniston Middle School

  • 3630 Parker Ave

  • 1.50 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-3160278
3
/10
  • Forest Hill Community High School

  • 6901 Parker Ave

  • 3.15 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,328. Residents of West Palm Beach, FL typically earn between $35k-100k each year. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1701 S Olive Ave

What is the listing price of this property?

The listing price of 1701 S Olive Ave property is $3,795,000.

What type of property is this?

The property 1701 S Olive Ave is a house located in West Palm Beach, Florida, 33401.

Is this property for sale now?

Active Listing: 1701 S Olive Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1701 S Olive Ave are:
Palm Beach Public School: GreatSchools Rating 7/10
Conniston Middle School: GreatSchools Rating 4/10
Forest Hill Community High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $12,959 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1701 S Olive Ave has 5 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 1701 S Olive Ave is 4,321 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1701 S Olive Ave is 1925.
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Rocket Homes›Florida›Palm Beach County›West Palm Beach›33401›1701 S Olive Ave

This home is located at 1701 S Olive Ave in West Palm Beach, FL and zip code 33401 in the Mango Promenade neighborhood. This 4,321 square foot home was built in 1925. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 21, 2024 and is currently priced at $3,795,000.

While more than 21 listings in West Palm Beach, FL in March 2024 were sold above asking price, there were more than 43 listings sold at asking price, and more than 220 were sold below. The number of homes for sale in West Palm Beach, FL increased by 10.9% between February 2024 and March 2024. The median list price of listings available in March 2024 was $382,914, while the average time on the real estate market was 65 days.

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

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