5 months on rocket

701 S Olive Ave Unit 1415, West Palm Beach, FL, 33401

$1,250,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths
1,508 SqFt
$829/SqFt
Condo
Schools Nearby

Location

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701 S Olive Ave Unit 1415, West Palm Beach$1,250,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Garage - Building, Guest
Garage1 space
Year Built2008
CoolingCeiling Fan(s), Central Air
WaterfrontNone
ViewCity, Intracoastal
MLS #RX-10933639
StatusActive

About 701 S Olive Ave Unit 1415

An amazing opportunity to own this beautiful 2 Bed 2 Bath luxury corner condo in sought-after Two City Plaza building, downtown West Palm Beach. This exclusive residence offers 2 balconies: one from the primary suite w/ southeast ocean & intracoastal water views to city sunset. Expansive windows bring in fabulous natural light; over 10.5' ceilings, marble & all new hardwood styled flooring in bedrooms, open kitchen leading out to large living area are some of the added features. The spacious primary-suite features a luxurious all marble spa-like bathroom, large soaking tub and all marble shower, dual sinks with ample counter space and an oversized walk-in closet. Virtual staging photos are being used to showcase the home. Amenities in this full-service building are endless; 24-hr security

Property Details

Property Features

Property Information:

  • Architectural Style: 4+ Floors
  • Year Built: 2008
  • Stories: 21
  • Living Area: 1,508 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Fire Alarm, Freezer, Microwave, Electric Range, Refrigerator, Washer, Electric Water Heater
  • Flooring Type: Laminate, Marble, Wood Floor
  • Interior: Fire Sprinkler, Foyer, Roman Tub, Stack Bedrooms, Volume Ceiling, Walk-in Closet

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • View: City, Intracoastal
  • Exterior: Covered Balcony, Open Balcony

Parking Information:

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

Virtual/3D Tour

  • Virtual Tour: 701 S Olive Ave Unit 1415

Virtual Tour

Lot Features

Lot Information:

  • Lot: Sidewalk

Utilities

Utilities Information:

  • Cooling: Ceiling Fan(s), Central Air

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: 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: $1,250,000
  • Price Per SqFt: $829/SqFt

HOA Fees:

  • Amount: $1455
  • 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 1415 vs West Palm Beach

178 DAYS ON ROCKET

+119 Days

$1,250,000

+$863.7K More

$829/SqFt

+$562 More

KEY TAKEAWAY

This property is $863.7K more than the Median Sold Price and $562/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-10933639

Listing Office:

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

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

$7,761

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,814

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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-4771898
1
/10
  • Roosevelt Elementary School

  • 1220 L A Kirksey St

  • 1.62 miles

  • Public Magnet Grades PK-5

Middle School

school-card-donut-4771899
4
/10
  • Conniston Middle School

  • 3630 Parker Ave

  • 2.05 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-4771900
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. Most West Palm Beach, FL residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 701 S Olive Ave Unit 1415

What is the listing price of this property?

The listing price of 701 S Olive Ave Unit 1415 property is $1,250,000.

What type of property is this?

The property 701 S Olive Ave Unit 1415 is a condo located in West Palm Beach, Florida, 33401.

Is this property for sale now?

Active Listing: 701 S Olive Ave Unit 1415 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 1415 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 1415 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 701 S Olive Ave Unit 1415 is 1,508 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 701 S Olive Ave Unit 1415 is 2008.

Rocket Homes›Florida›Palm Beach County›West Palm Beach›33401›701 S Olive Ave Unit 1415

This home is located at 701 S Olive Ave Unit 1415 in West Palm Beach, FL and zip code 33401 in the Downtown neighborhood. This 1,508 square foot home was built in 2008. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 06, 2023 and is currently priced at $1,250,000.

In April 2024 more than 29 listings in West Palm Beach, FL were sold above the asking price. During the same period more than 42 listings were sold at asking price, while more than 274 were sold below. In April 2024 in West Palm Beach, FL there were 6.5% more homes for sale than in March 2024. Listings spent 59 days on the market in April 2024, and had a median list price of $386,296 during the same period.

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

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