3 months on rocket

701 S Olive Ave Unit 116, West Palm Beach, FL, 33401

$1,225,000

Home List Price

$10,000*

Closing Credit

1 Bedroom
1 Full Bath, 1 Partial
1,290 SqFt
$950/SqFt
Condo
Schools Nearby

Location

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701 S Olive Ave Unit 116, West Palm Beach$1,225,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Garage - Building
Garage1 space
Year Built2008
HeatingCentral
CoolingCeiling Fan(s)
WaterfrontNone
ViewCity
MLS #RX-10953914
StatusActive

About 701 S Olive Ave Unit 116

Incredible Opportunity for High Profile Commercial Space located in the Luxury Corridor of Downtown West Palm Beach! Corner Commercial WORK/LIVE Unit at Two City Plaza Luxury Condos offers Direct North Frontage on Trinity St. Soaring 22' Ceiling Height with Porcelain Flooring and Open Floor Plan offers endless possibilities for your Business or Office! Oak Stairway leads to Second Level featuring Glass Enclosed Private Office with Full Bath and Large Closet. A Light & Bright Fresh Palette awaits your personal touch in the ever thriving Downtown Market.Perfect for Art Gallery, Professional Offices, Convenience Store,Salon,Retail, Pet Shop, Sandwich Shoppe are approved uses. 100% Walkability, strategically located between 3 Hotels, 6 Major Urban Towers, & Office Buildings, & THE SQUARE!

Property Details

Property Features

Property Information:

  • Year Built: 2008
  • Stories: 21
  • Living Area: 1,290 SqFt

Listing Office:

  • Office Name: Luxe Life Realty LLC
  • Office Phone: (561) 907-8155
  • Listing Agent: Colleen Foley

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Fire Alarm, Ice Maker, Microwave, Refrigerator, Electric Water Heater
  • Flooring Type: Carpet, Tile
  • Interior: Fire Sprinkler, Volume Ceiling, Walk-in Closet

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • View: City
  • Exterior: None

Parking Information:

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

Virtual/3D Tour

  • Virtual Tour: 701 S Olive Ave Unit 116

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Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Ceiling Fan(s)

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: 701 S >Olive Ave West Palm Beach, FL 33401Valet Parking

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,225,000
  • Price Per SqFt: $950/SqFt

HOA Fees:

  • Amount: $907
  • Frequency: Monthly
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Housing Market Comparison

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

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West Palm Beach, FL

City

Med. Sold Price

$382.9K

Med. Price/SqFt

$266

Avg. Days On Market

65

# of Sold Homes

284

701 S Olive Ave Unit 116 vs West Palm Beach

96 DAYS ON ROCKET

+31 Days

$1,225,000

+$842K More

$950/SqFt

+$684 More

KEY TAKEAWAY

This property is $842K more than the Median Sold Price and $684/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-10953914

Listing Office:

  • Office Name: Luxe Life Realty LLC
  • Office Phone: (561) 907-8155
  • Listing Agent: Colleen Foley

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: 5/1/2024, 6:25:17 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

$7,088

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,739

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NMLS#3030

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-4306527
1
/10

  • Roosevelt Elementary School

  • 1220 L A Kirksey St

  • 1.62 miles

  • Public Magnet Grades PK-5

Middle School

school-card-donut-4306528
4
/10

  • Conniston Middle School

  • 3630 Parker Ave

  • 2.05 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-4306529
3
/10

  • Forest Hill Community High School

  • 6901 Parker Ave

  • 3.71 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,908. Typical income of West Palm Beach, FL residents is between $35k-100k annually. Typical family type is 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 116

What is the listing price of this property?

The listing price of 701 S Olive Ave Unit 116 property is $1,225,000.

What type of property is this?

The property 701 S Olive Ave Unit 116 is a condo located in West Palm Beach, Florida, 33401.

Is this property for sale now?

Active Listing: 701 S Olive Ave Unit 116 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 116 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 116 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 116 is 1,290 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 701 S Olive Ave Unit 116 is 2008.

Rocket Homes›Florida›Palm Beach County›West Palm Beach›33401›701 S Olive Ave Unit 116

This home is located at 701 S Olive Ave Unit 116 in West Palm Beach, FL and zip code 33401 in the Downtown neighborhood. This 1,290 square foot home was built in 2008. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since January 26, 2024 and is currently priced at $1,225,000.

In March 2024, from all listings sold in West Palm Beach, FL there were more than 21 sold above asking price, over 220 sold below and more than 43 were sold right at the asked price. The number of homes for sale in West Palm Beach, FL increased by 10.9% between February 2024 and March 2024. In March 2024 median list price was $382,914 and the average listing age was 65 days.

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

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