5 months on rocket

701 S Olive Ave Unit 1011, West Palm Beach, FL, 33401

$539,000

Home List Price

$6,401*

Closing Credit

1 Bedroom
1 Full Bath, 1 Partial
786 SqFt
$686/SqFt
Condo
Schools Nearby

Location

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701 S Olive Ave Unit 1011, West Palm Beach$539,000

Buyer Closing Credits

$6,401*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Garage - Building
Garage1 space
Year Built2008
HeatingCentral, Electric
CoolingCentral Air, Electric
WaterfrontNone
ViewGarden
MLS #RX-10939494
StatusActive

About 701 S Olive Ave Unit 1011

Fantastic opportunity to own a gem.This pristine 1 bedroom,1.5 bath condo boasts 10'ceilings, modern kitchen, porcelain wood look floors, full size washer/dryer and private balcony overlooking the courtyard. Located in the heart of downtown WPB, Two City Plaza is a premier full service doorman building with 24-hour security, valet parking, garage parking, and fully renovated common areas. Stunning rooftop resort pool and entertainment area with panoramic views of the ocean, ICW and the city. Enjoy a newly upgraded fitness center w/ showers/sauna/steam rooms, exercise room and private massage room. Movie theatre, community room, business center and lovely serenity gardens. Walk to restaurants, shops, nightlife. Tenant will vacate with 60 days notice. All NEW Kitchen Appliances Coming Soon!

Property Details

Property Features

Property Information:

  • Architectural Style: 4+ Floors
  • Year Built: 2008
  • Stories: 21
  • Living Area: 786 SqFt

Listing Office:

  • Office Name: Compass Florida LLC
  • Office Phone: (305) 851-2820
  • Listing Agent: Clyde Calvin Wilson

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Flooring Type: Marble, Other, Tile
  • Interior: Volume Ceiling

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • View: Garden
  • Exterior: Covered Balcony

Parking Information:

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

Virtual/3D Tour

  • Virtual Tour: 701 S Olive Ave Unit 1011

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Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

  • Forest Hill Community High School, Public Magnet Grades 9-12
  • Conniston Middle School, Public Magnet Grades 6-8
  • Roosevelt Elementary School, Public Magnet Grades PK-5

Other

Directions Information:

  • Directions: From I-95 take Okeechobee East then make a Right on Olive. Property is on the left ( West) side of the street. Valet Parking.

Price Information

Listing Price Info

Price Summary:

  • List Price: $539,000
  • Price Per SqFt: $686/SqFt

HOA Fees:

  • Amount: $792
  • Frequency: Monthly
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Housing Market Comparison

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

Med. Sold Price

$386.2K

Med. Price/SqFt

$267

Avg. Days On Market

59

# of Sold Homes

345

701 S Olive Ave Unit 1011 vs West Palm Beach

154 DAYS ON ROCKET

+95 Days

$539,000

+$152.7K More

$686/SqFt

+$419 More

KEY TAKEAWAY

This property is $152.7K more than the Median Sold Price and $419/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-10939494

Listing Office:

  • Office Name: Compass Florida LLC
  • Office Phone: (305) 851-2820
  • Listing Agent: Clyde Calvin Wilson

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: 5/2/2024, 12:15:18 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

$3,550

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,682

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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-4774806
1
/10
  • Roosevelt Elementary School

  • 1220 L A Kirksey St

  • 1.62 miles

  • Public Magnet Grades PK-5

Middle School

school-card-donut-4774807
4
/10
  • Conniston Middle School

  • 3630 Parker Ave

  • 2.05 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-4774808
3
/10
  • Forest Hill Community High School

  • 6901 Parker Ave

  • 3.71 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,908. The most common annual income of people living in West Palm Beach, FL is between $35k-100k. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 701 S Olive Ave Unit 1011

What is the listing price of this property?

The listing price of 701 S Olive Ave Unit 1011 property is $539,000.

What type of property is this?

The property 701 S Olive Ave Unit 1011 is a condo located in West Palm Beach, Florida, 33401.

Is this property for sale now?

Active Listing: 701 S Olive Ave Unit 1011 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 701 S Olive Ave Unit 1011 are:
Roosevelt Elementary School: GreatSchools Rating 1/10
Conniston Middle School: GreatSchools Rating 4/10
Forest Hill Community High School: GreatSchools Rating 3/10

How many bedrooms and bathrooms does this property have?

The property at 701 S Olive Ave Unit 1011 has 1 bedroom and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 701 S Olive Ave Unit 1011 is 786 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 701 S Olive Ave Unit 1011 is 2008.

Rocket Homes›Florida›Palm Beach County›West Palm Beach›33401›701 S Olive Ave Unit 1011

This home is located at 701 S Olive Ave Unit 1011 in West Palm Beach, FL and zip code 33401 in the Downtown neighborhood. This 786 square foot home was built in 2008. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since November 30, 2023 and is currently priced at $539,000.

In April 2024, from all listings sold in West Palm Beach, FL there were more than 29 sold above asking price, over 274 sold below and more than 42 were sold right at the asked price. The number of homes for sale in West Palm Beach, FL increased by 6.5% between March 2024 and April 2024. The median list price of listings available in April 2024 was $386,296, while the average time on the real estate market was 59 days.

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

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