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701 S Olive Ave Unit 2015, West Palm Beach, FL, 33401

$2,590,000

3 Bedrooms
3 Full Baths, 1 Partial
2,624 SqFt
$987/SqFt
Condo
Schools Nearby

Location

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Property Highlights

Home TypeCondominium
Parking2+ Spaces, Assigned, Guest
Garage2 spaces
Year Built2008
CoolingCentral Air
WaterfrontIntracoastal
ViewCity, Intracoastal, Lake, Ocean
MLS #RX-10937834
StatusAccepting Backup Offers
(Active Under Contract)

About 701 S Olive Ave Unit 2015

Welcome home to unparalleled elegance, where luxury meets panoramic living in the heart of downtown West Palm Beach. This 2,624sqft Penthouse offers a breathtaking 280-degree view, from vibrant city sunsets to northeast ocean and intracoastal vistas extending past Singer Island. Encapsulating the entire full corner of the building with 3 bedrooms and 3.5 baths all ensuite, plus a spacious den; this truly lives like a home in the sky. Floor-to-ceiling windows allow for the ombre pink sunsets to filter in, 12' soaring ceilings, expansive kitchen with large island/counter bar & space for kitchen nook that opens to balcony. Living areas boast ample wall space for art and offer remote electric designer screen shades. The Primary suite indulges in ocean views, a marble spa-like bathroom with...

Property Details

Property Features

Property Information:

  • Architectural Style: 4+ Floors
  • Year Built: 2008
  • Stories: 21
  • Living Area: 2,624 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Fire Alarm, Freezer, Ice Maker, Microwave, Electric Range, Refrigerator, Washer, Electric Water Heater
  • Flooring Type: Carpet, Marble
  • Interior: Bar, Built-in Shelves, Closet Cabinets, Ctdrl/Vault Ceilings, Custom Mirror, Entry Lvl Lvng Area, Fire Sprinkler, Foyer, Laundry Tub, Pantry, Roman Tub, Split Bedroom, Volume Ceiling, Walk-in Closet

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Intracoastal
  • View: City, Intracoastal, Lake, Ocean
  • Exterior: Covered Balcony, Custom Lighting, Open Balcony

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: 2+ Spaces, Assigned, Guest

Virtual/3D Tour

  • Virtual Tour: 701 S Olive Ave Unit 2015

Virtual Tour

Lot Features

Lot Information:

  • Lot: Sidewalk

Utilities

Utilities Information:

  • Cooling: 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: Okeechobee Blvd East to Left on South Olive Ave headed in the north direction. Building is on the left just passed Lakeview Ave. You can Valet your car.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,590,000
  • Price Per SqFt: $987/SqFt

HOA Fees:

  • Amount: $2571
  • 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 2015 vs West Palm Beach

162 DAYS ON ROCKET

+103 Days

$2,590,000

+$2.2M More

$987/SqFt

+$720 More

KEY TAKEAWAY

This property is $2.2M more than the Median Sold Price and $720/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-10937834

Listing Office:

  • Office Name: Douglas Elliman (Palm Beach)
  • Office Phone: (561) 655-8600
  • Listing Agent: Christopher 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: 5/1/2024, 11:25:16 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

$15.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,831

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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-4464301
1
/10
  • Roosevelt Elementary School

  • 1220 L A Kirksey St

  • 1.62 miles

  • Public Magnet Grades PK-5

Middle School

school-card-donut-4464302
4
/10
  • Conniston Middle School

  • 3630 Parker Ave

  • 2.05 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-4464303
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 majority of West Palm Beach, FL residents have income between $35k-100k annually. Most families are single, no kids. 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 2015

What is the listing price of this property?

The listing price of 701 S Olive Ave Unit 2015 property is $2,590,000.

What type of property is this?

The property 701 S Olive Ave Unit 2015 is a condo located in West Palm Beach, Florida, 33401.

Is this property for sale now?

Accepting Backup Offers: 701 S Olive Ave Unit 2015 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 701 S Olive Ave Unit 2015 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 2015 has 3 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 701 S Olive Ave Unit 2015 is 2,624 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 701 S Olive Ave Unit 2015 is 2008.
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Rocket Homes›Florida›Palm Beach County›West Palm Beach›33401›701 S Olive Ave Unit 2015

This home is located at 701 S Olive Ave Unit 2015 in West Palm Beach, FL and zip code 33401 in the Downtown neighborhood. This 2,624 square foot home was built in 2008. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 21, 2023 and is currently priced at $2,590,000.

While more than 29 listings in West Palm Beach, FL in April 2024 were sold above asking price, there were more than 42 listings sold at asking price, and more than 274 were sold below. Between March 2024 and April 2024, West Palm Beach, FL real estate market has seen increase in the number of listings by 6.5%. In April 2024, listings were on the market for 59 days. During the same period, the median list price in this real estate market was $386,296.

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

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