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701 S Olive Avenue # 116, West Palm Beach FL 33401

Commercial Recently Sold
$2,700,000

BTC: 33.03762619

ETH: 1,097.56097561

Sold on: 2026-02-06
1 days
0 room(s)

Overview

ncredible Opportunity for High Profile Commercial/Residential Spaces located in the Luxury Corridor of Downtown West Palm Beach! Corner Commercial WORK/LIVE Units 115 & 116 at Two City Plaza Luxury Condos offers Direct East Frontage on S. Olive Avenue and North Exposure 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, are approved uses. 100% Walkability, strategically located between 3 Hotels, 6 Major Urban Towers,

Location

Florida • West Palm Beach • 33401 • Commercial • Recently Sold

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
2008
Lot:
No Data
Heating:
Central
Price/sqft:
No Data
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$459,000
$290K – $2.9M
Confidence Low
List vs. estimate
$2.6M above estimate
List $3,090,000 · +573.2%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
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
$37,451
25
All facts and features

  • Flooring

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

    Other interior features

    • Fire Sprinklers

  • Property

    • Levels: 21

    Other Property Information

    • Parcel Number: 74434322410000015

    • Zoning: QGD-25

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Mixed Use

  • Utility

    • Cable Connected

    • Cable Available

  • Other financial information

    • Annual tax amount: $37,451

  • Source details

    • MLS ID: R11154590

    Other facts

    • Construction Materials: CBS Construction

    • Water Source: Public

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33401
351
median $549K
Active
Same city
West Palm Beach
1,773
median $344K
Active
Same type
Commercial
76
median $980K
Active
Similar price
$2.2M – $4.0M
85
median $3.0M
Active

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: Luxe Life Realty LLC