701 S Olive Ave Unit 807, West Palm Beach, FL, 33401

Location

Get An Agent. Get A Mortgage.

Let Us Help You Buy A Home And Save BIG

Save BIG.

701 S Olive Ave Unit 807, West Palm Beach$729,000

Buyer Closing Credits

$8,657^*

1.25% Loan Amount

Sell Your Home And Save More

Connect With An Agent

Still Have Questions? Contact Us.

1 (855) 200-2001

Property Highlights

Home TypeCondominium

ParkingAssigned, Garage - Building, Guest

Garage1 space

Year Built2008

CoolingCentral Air

WaterfrontNone

ViewGarden, Other

MLS #RX-10987997

StatusActive

About 701 S Olive Ave Unit 807

Welcome to luxury living in the heart of downtown West Palm Beach, directly across from the soon-to-be-completed One Flagler office tower. This light-filled 2-bedroom, 2-bathroom condo boasts a wraparound balcony with water feature / garden views. Featuring tile and hardwood flooring throughout, the condo has just been freshly painted, updated with all new lighting fixtures and refinished hardwood in the bedrooms. The master suite offers a spacious retreat with a large walk-in closet and a bathroom complete with a luxurious soaking tub. The second bedroom, perfect for guests or used as a flex room/office, includes its own private balcony entrance. The residence comes with premium garage parking space on P5-275 and an additional AC storage B-107 . Residents of this full-service building..

View More

Property Details

Property Features

Property Information:

• Architectural Style: 4+ Floors
• Year Built: 2008
• Stories: 21
• Living Area: 1,170 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: Tile, Wood Floor
• Interior: Entry Lvl Lvng Area, Pantry, Split Bedroom, 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: Garden, Other
• Exterior: Covered Balcony, Open Balcony, Wrap-Around 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 807

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: 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: $729,000
• Price Per SqFt: $623/SqFt

HOA Fees:

• Amount: $1129
• Frequency: Monthly

What can I afford?

Understand what home price range makes sense for your budget.

See What I Can Afford

Housing Market Comparison

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

West Palm Beach, FL

City

Med. Sold Price

$394.6K

Med. Price/SqFt

$270

Avg. Days On Market

60

# of Sold Homes

320

701 S Olive Ave Unit 807 vs West Palm Beach

23 DAYS ON ROCKET

-37 Days

$729,000

+$334.3K More

$623/SqFt

+$352 More

KEY TAKEAWAY

This property is $334.3K more than the Median Sold Price and $352/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-10987997

Listing Office:

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

All 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: 6/9/2024, 5:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

View More

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.

$4,835

Per Month

Principal & Interest

$3,639

Home Price

Home PriceThe dollar amount you pay for the home.

$

Interest Rate

Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.

%

Down Payment

Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.

$Down PaymentPercent%

Loan Term

Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.

30 year25 year20 year15 year10 year

Property Taxes

$0

Annual Cost

Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.

$/ Year

Mortgage Insurance

$0

Monthly Premium

Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.

$/ Month

Homeowners Insurance

$67

Monthly Premium

Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.

$/ Month

Homeowners Association (HOA)

$1,129

Monthly Fees

Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.

$/ Month

Utilities

$0

Monthly Cost

Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.

$/ Month

*Disclosures

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,252

See More Options

Connect With A Banker

Powered By

Advertisement

NMLS#3030

**Disclosures

Rocket Homes›Florida›Palm Beach County›West Palm Beach›33401›701 S Olive Ave Unit 807

This home is located at 701 S Olive Ave Unit 807 in West Palm Beach, FL and zip code 33401 in the Downtown neighborhood. This 1,170 square foot home was built in 2008. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 16, 2024 and is currently priced at $729,000.

In May 2024, from all listings sold in West Palm Beach, FL there were more than 40 sold above asking price, over 234 sold below and more than 46 were sold right at the asked price. Between April 2024 and May 2024, West Palm Beach, FL real estate market has seen increase in the number of listings by 4.3%. Listings spent 60 days on the market in May 2024, and had a median list price of $394,656 during the same period.

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