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701 S Olive Avenue # 2010, West Palm Beach FL 33401

Condo/Co-op Recently Sold
$5,950,000

BTC: 98.50993377

ETH: 3,731.13269664

Sold on: 2024-06-21
42 days
3 bds
3 ba
3,753 sqft

Overview

Step into the epitome of urban luxury living with this exquisite penthouse residence nestled in the coveted Two City Plaza. Boasting unparalleled elegance and panoramic views, this sophisticated residence offers a lifestyle of opulence in the heart of West Palm Beach. Upon entering, you're greeted by an elegant foyer that sets the tone for the grandeur that awaits. Adorned with expansive floor to ceiling sliding doors framing sweeping views of the intracoastal waterway, Atlantic Ocean and Palm Beach Island. Every corner of this residence is a masterpiece of design and comfort.Spanning nearly 3,800 living square feet, this meticulously crafted penthouse features an open plan layout seamlessly designed to connect the living, family, formal dining, kitchen and breakfast areas, providing the perfect backdrop for both intimate gatherings and lavish entertaining. Step outside to one of three balconies and immerse yourself in breathtaking views of sunrises, sunsets, and the glittering city skyline. The gourmet kitchen is a chef's dream, boasting brand new quartz countertops, KitchenAid appliances, and a Sub-Zero wine fridge capable of holding up to 147 bottles. Custom pull-out drawers and ample storage ensure both functionality and style, while the nearby laundry room offers added convenience with double cabinets and built-in features including ironing board and hanging drying rack. The primary suite is a lavish retreat complete with a sitting area, two extremely large custom built out closets and a luxurious bathroom that feels more like your own private spa. A spacious custom-built office including two desks with granite countertops plus wooden book shelves, storage cabinets and file drawers, perfect for those who appreciate both functionality and style. Whether you are working from home or indulging in a favorite book this space offers the utmost in comfort and convenience. This residence has two side by side parking spaces and additional storage cage. As a resident of Two City Plaza, enjoy a wealth of amenities designed to elevate your lifestyle to new heights where every aspect of luxury living is at your fingertips. From the 24-hour staffed lobby, valet services, EV charging stations, a state-of-the-art fitness center with peloton, an indoor movie theater and club room for gathering. Located on the rooftop is the newly refinished pool and spa, new lounge chairs, sauna and steam room, outdoor entertainment area with BBQ grills, movie theater, ping pong table, a pet walk area for your furry companions. There is even a hair salon and market in the building. Conveniently located near CityPlace/Rosemary Square, with incredible restaurants and shopping. Cultural attractions to include the Kravis Center, The Norton Museum of Art, the Breakers, Palm Beach Island, Worth Avenue, RH/ Restoration Hardware, the beach. PBI Airport and I95 just minutes away and the new Brightline High Speed train with daily stops between Miami and Orlando truly putting you in the center of everything. Don't miss the opportunity to make this exquisite residence your own and start living the lifestyle you deserve today. All information is deemed reliable but not guaranteed. Buyer is responsible to verify all information. Listing is subject to errors and omissions.

Location

Details

Type:
Residential
Parking:
2 Or More Spaces / Assigned / Awning / Covered / Parking Garage
Year Built:
2008
Lot:
No Data
Heating:
Central / Electric
Price/sqft:
$1,625
Cooling:
Central Air / Electric
HOA:
$3,496

Valuation

Our model vs. what's actually selling nearby.
Estimate
$4,195,000
$3.6M – $5.0M
Confidence Low
List vs. estimate
$1.9M above estimate
List $6,100,000 · +45.4%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,625
+715.5% vs. city median $199
Based on
7 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $989K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$37,123
2023
HOA
$3,496/mo
Pool
Community
View
Intracoastal View, Ocean
Garage
2 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Marble

    • Wood

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    • Electric

    Appliances

    • Electric Water Heater

    • Dishwasher

    • Disposal

    • Dryer

    • Free-Standing Freezer

    • Microwave

    • Electric Range

    • Refrigerator

    • Self Cleaning Oven

    • Wall Oven

    • Washer

    Other interior features

    • Bar

    • Built-in Features

    • Closet Cabinetry

    • Fire Sprinklers

    • Entrance Foyer

    • Laundry Tub

    • Pantry

    • Roman Tub

    • Split Bedroom

    • Stacked Bedroom

    • Walk-In Closet(s)

    • Den/Library/Office

    • Family Room

    • Great Room

    • Other

    • Storage

    • Utility Room/Laundry

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Bathrooms: 1

    • Full bathrooms: 3

  • Parking

    • 2 Or More Spaces

    • Assigned

    • Awning

    • Covered

    • Parking Garage

    Property

    • Pool Private: Yes

    • Exterior Features: East Of Us1 / Open Balcony

    Other Property Information

    • Parcel Number: 74434322410002010

    • Zoning: QGD-25

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • Cable Connected

    • Sewer Connected

    • Water Connected

    • Cable Available

    • Sewer Available

    • Water Available

  • Other financial information

    • HOA: $3,496

    • HOA Frequency: Monthly

    • Annual tax amount: $37,123

  • Source details

    • MLS ID: R10959910

    Other facts

    • Construction Materials: CBS Construction

    • Laundry Features: Laundry Tub / Laundry Room / Utility Room/Laundry

    • Lot Features: East Of US 1

    • Patio And Porch Features: Open Balcony

    • Pool Features: Community

    • Window Features: Complete Impact Glass / Blinds / Sliding / Verticals

    • Direction Faces: East

    • Other Structures: Livable

    • Architectural Style: Corner Unit / Penthouse

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 3753

    • Water Source: Public

    • Subdivision Name: TWO CITY PLAZA CONDO,Two City Plaza

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: IJL Real Estate Group LLC