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$2,800,000
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Property Description
RARE INVESTMENT OPPORTUNITY in Downtown West Palm Beach. Outstanding Live/Work condominium in exciting Two City Plaza. this ground floor unit is in immaculate condition, with both private street and lobby entrances ideal for commercial and/or residential use. The first floor contains a downstairs entry foyer, large waiting room, large conference room, two offices, kitchen, laundry room and half-bath with handicapped access. The second floor loft contains a waiting room, large executive office with views of the downstairs waiting room and street, full bath and a walk-in closet. The unit has independent central heating and cooling and comes with a private underground parking space. Building: built 2008, superbly managed with exceptional staff, 24-hour security, 24-hour full service security ,concierge, pet friendly, free valet parking and metered street parking. Amenities include a spectacular rooftop pool area with summer kitchen, moonlight theatre and ocean views, a state-of-the-art fitness center, steam room, sauna, movie theatre, and club lounge.
Full Property Details
Full Property Details for 701 S Olive Ave #117
General
- Price: $2,800,000
- Taxes: $18,199 (2025)
- Status: Active
- Type: Office
- Source: Regional
- MLS ID: R11119091
- Updated: 2/18/2026
- Added to Site: 176 day(s) ago
Business
- Business Type: Professional/Office, Recreation, Residential
Interior
- Flooring: Ceramic Tile
Additional Information
- Security/Safety: Fire Alarm, Fire Sprinkler System
Location
- County: Palm Beach
Community
- Community Name: 5410
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central, Individual
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available
Structural Information
- Structure Type: Office
- Roof: Other
- Stories/Levels: 2
- Building Size: 1535
- Year Built: 2008
Lot Features
- Zoning: QGD-25
Financial Considerations
- Tax Amount: $18,199
- Tax Year: 2025
- Terms: Cash, Conventional
- Tenant Pays: Cable TV, Insurance, Taxes
Disclosures and Reports
- Documents Avail.: Bylaws And Amendments, Deed Restriction
- Legal Description: TWO CITY PLAZA CONDO LIVE/WORK UNIT 17
- Property ID: 74434322410000017
Listed by Illustrated Properties
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Schools
Schools serving 701 S Olive Ave #117
School District:Palm Beach County School District
| Name | Grades | Distance |
|---|---|---|
Roosevelt Elementary School, West Palm Beach, FL 1220 L A Kirksey St, West Palm Beach, FL 33401 | PK-5 | 1.6 mi |
Conniston Middle School 3630 Parker Avenue, West Palm Beach, FL 33405 | 6-8 | 2.1 mi |
Forest Hill Community High School 6901 Parker Avenue, West Palm Beach, FL 33405 | 9-12 | 3.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 701 S Olive Ave #117
Date
Details
Price
Change
Source
8/28/2025
Listed
$2,800,000
646.67%
MLS
2/11/2010
Sold
$375,000
—
Public Record
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
Tax History for 701 S Olive Ave #117
Year
Property Taxes
Change
Tax Assessment
Change
2025
$18,199
11%
$1,440,368
6%
2024
$16,352
7%
$1,356,174
7%
2023
$15,291
76%
$1,265,762
249%
2021
$8,704
-6%
$362,522
-9%
2022
$9,280
7%
$400,436
-8%
2021
$8,704
-14%
$437,016
13%
2019
$10,133
21%
$386,150
10%
2018
$8,364
6%
$351,045
10%
2017
$7,906
4%
$319,132
10%
2016
$7,604
6%
$290,120
10%
2015
$7,146
9%
$263,745
10%
2014
$6,528
15%
$239,768
10%
2013
$5,680
—
$217,971
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 701 S Olive Ave #117
701 S Olive Avenue #117, West Palm Beach, FL 33401 (MLS# R11119091) is a Office property. 701 S Olive Avenue #117 is currently listed for $2,800,000 and was received on August 28, 2025. Want to learn more about 701 S Olive Avenue #117? 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.

