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$499,000

  • For Sale
  • Active
  • Office
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Unique Commercial Office Condo in the Historic Guaranty Building. Own a piece of West Palm Beach history with this distinctive commercial office condominium located in the iconic Guaranty Building. Designed by renowned architects Harvey and Clarke and completed in 1922, this landmark property offers a prestigious setting for your business and clients. Spanning over 1,000 square feet, the office has been thoughtfully renovated within the past five years, including the installation of a new HVAC system. The building showcases remarkable architectural details and timeless character rarely found in modern office spaces. Adding to its rich history, the Guaranty Building is rumored to house a hidden speakeasy once frequented by Al Capone during the Roaring Twenties. Situated in the heart of downtown West Palm Beach, the location offers exceptional convenience. Enjoy walking access to the waterfront, dining, shopping, entertainment, and cultural attractions. Commuters will appreciate the proximity to the Brightline, Tri-Rail, and I-95, while Palm Beach International Airport is just a short 10-minute drive away. Whether you're seeking an impressive headquarters, professional office, or investment opportunity, this exceptional property combines historic prestige, modern updates, and an unbeatable downtown location. Schedule your private showing today and experience the distinction of the Guaranty Building firsthand.

Full Property Details for 120 S Olive Ave #703

General

  • Price: $499,000
  • HOA FEE: $2,217/month
  • Taxes: $6,611 (2025)
  • Status: Active
  • Type: Office
  • Source: Regional
  • MLS ID: B26043065
  • Updated: 6/19/2026
  • Added to Site: 64 day(s) ago

Business

  • Business Type: Commercial, Professional/Office

Interior

  • Flooring: Laminate, Vinyl

Additional Information

  • Security/Safety: Fire Alarm, Smoke Detector(s)

Parking

  • Parking Features: None

Location

  • County: Palm Beach
  • Building Name: Guaranty Building
  • Driving Directions: Okeechobee Blvd to South Olive Ave, turn North to property on the corner of Datura and South Olive Ave
  • Dist. to Freeway: 2

Community

  • Community Name: 5420

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Other

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Electricity Connected, Sewer Connected, Water Connected

Structural Information

  • Structure Type: Mixed Use, Office
  • Construction: Block
  • Roof: Built-Up
  • Stories/Levels: 8
  • Building Size: 1015
  • Year Built: 1925
  • Property Condition: Resale
  • Other Struct. Feat.: Elevator(s), Public Restrooms, Reception Area, Restaurant

Lot Features

  • Road Maintenance: Public Maintained Road
  • Lot Features: Central Business District, Corner Lot, City Lot
  • Zoning: CWD-CD (city)

Financial Considerations

  • Association Fee: $2,217
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $6,611.86
  • Tax Year: 2025
  • Terms: Cash, Conventional

Disclosures and Reports

  • Special Conditions: Standard, Listed As-Is
  • Documents Avail.: Ground Photo
  • Legal Description: GUARANTY BUILDING CONDOMINIUM UNIT 703 IN OR28162P1020
  • Property ID: 74434322400007030

Listed by Higher Standards Real Estate

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— 120 S Olive Ave #703 —

  • Higher Standards Real Estate

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 120 S Olive Ave #703

School District:Palm Beach County School District
NameGradesDistance
U. B. Kinsey/Palmview Elementary School
800 11th Street, West Palm Beach, FL 33401
PK-50.9 mi
Conniston Middle School
3630 Parker Avenue, West Palm Beach, FL 33405
6-82.5 mi
Forest Hill Community High School
6901 Parker Avenue, West Palm Beach, FL 33405
9-124.1 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 120 S Olive Ave #703 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/19/2026
Listed
$499,000
135.38%
MLS
9/13/2019
Sold
$212,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 120 S Olive Ave #703

Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,612
5%
$257,401
-28%
2024
$6,307
11%
$356,266
17%
2023
$5,703
27%
$305,475
74%
2021
$4,493
-17%
$175,808
-39%
2022
$5,389
20%
$288,179
68%
2021
$4,493
2%
$171,232
10%
2019
$4,404
17%
$155,166
10%
2018
$3,773
8%
$141,060
10%
2017
$3,506
-30%
$128,236
-32%
2016
$5,000
7%
$188,236
10%
2015
$4,690
15%
$171,124
10%
2014
$4,083
-30%
$155,567
-32%
2013
$5,862
—
$228,178
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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120 S Olive Avenue #703, West Palm Beach, FL 33401 (MLS# B26043065) is a Office property. 120 S Olive Avenue #703 is currently listed for $499,000 and was received on June 19, 2026. Want to learn more about 120 S Olive Avenue #703? Do you have questions about finding other Office real estate for sale in West Palm Beach? You can browse all West Palm Beach real estate or contact a Coldwell Banker agent to request more information.

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