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701 S Olive Avenue, West Palm Beach FL 33401

Condo/Co-op For Sale
$2,050,000

BTC: 32.93172691

ETH: 1,218.28014501

29 days
2 bds
2 ba
1,475 sqft

Overview

Experience an UNFURNISHED/FURNISHED- full-service lifestyle at Two City Plaza—one of downtown West Palm Beach's premier luxury residences. This pristinely maintained penthouse offers 2 bedrooms, 2 baths, soaring 11-foot ceilings and floor-to-ceiling glass An expansive 45 feet private balcony—accessible from every room—. Inside, enjoy elegant marble flooring and a beautifully upgraded kitchen featuring 42-inch solid wood cabinetry, generous counter space, and abundant storage. The spacious primary suite includes a sitting area, direct balcony access, a stunning bathroom Roman Tub and bidet Garage parking one space, Ideally located in the heart of downtown West Palm Beach, this residence places you just moments from world-class dining, shopping, nightlife, and cultural attractions. Residents of Two City Plaza enjoy resort-style amenities including 24-hour security and concierge, a rooftop pool and spa, sauna and steam rooms, a fully renovated state-of-the-art fitness center, outdoor kitchen with BBQ area, indoor and outdoor theaters, club room, table tennis, lanai courtyard with water feature, a rooftop dog park, complimentary valet parking, and exceptional full-service staff. Centrally positioned across from One Flagler, just minutes to Palm Beach International Airport, and within close proximity to Worth Avenue, this penthouse delivers the ultimate blend of luxury, location, and lifestyle.

Location

Details

Type:
Residential
Parking:
1 Space / Assigned / Guest / Parking Garage / Valet
Year Built:
2008
Lot:
No Data
Heating:
Central Individual A/C / Electric
Price/sqft:
$1,390
Cooling:
Ceiling Fan(s) / Central Individual A/C / Electric
HOA:
$1,664

Valuation

Our model vs. what's actually selling nearby.
Estimate
$740,000
$337K – $1.4M
Confidence Low
List vs. estimate
$1.3M above estimate
List $2,050,000 · +177.0%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,389
+599.2% vs. city median $198
Based on
28 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
$8,007
2025
HOA
$1,664/mo
Pool
Community
View
Garden
Garage
1 car garage
Pets
Not allowed
All facts and features
  • Flooring

    • Marble

    Heating

    • Central Individual A/C

    • Electric

    Cooling

    • Ceiling Fan(s)

    • Central Individual A/C

    • Electric

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Free-Standing Freezer

    • Ice Maker

    • Microwave

    • Electric Range

    • Refrigerator

    • Self Cleaning Oven

    • Wall Oven

    • Washer

    Other interior features

    • Lobby

    • Elevator

    • No Interior Features

    • Roman Tub

    • Volume Ceilings

    • Walk-In Closet(s)

    • Utility Room/Laundry

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • 1 Space

    • Assigned

    • Guest

    • Parking Garage

    • Valet

    Property

    • Levels: 1

    • Pool Private: Yes

    • Exterior Features: Barbeque / Courtyard / Open Balcony

    Other Property Information

    • Parcel Number: 74434322410001909

    • Zoning: QGD-25 (city)

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • Electricity Connected

    • Sewer Connected

    • Water Connected

    • Cable Available

    • Electricity Available

    • Sewer Available

    • Water Available

  • Other financial information

    • HOA: $1,664

    • HOA Frequency: Monthly

    • Annual tax amount: $8,007

  • Source details

    • MLS ID: B26027139

    Other facts

    • Construction Materials: Concrete Block Construction / Brick / CBS Construction

    • Laundry Features: Laundry Room / Utility Room/Laundry

    • Patio And Porch Features: Open Balcony

    • Pool Features: Community

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

    • Direction Faces: Southwest

    • Other Structures: Livable

    • Garage Spaces: 1

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 1475

    • Water Source: Public

    • Subdivision Name: Two City Plaza,Jaclyn 2 City

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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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: Illustrated Properties