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$875,000
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Property Description
Nestled on the penthouse level of Two City Plaza, this refined 2-bedroom, 2-bath residence offers a rare blend of privacy, light, and tranquility in the vibrant heart of downtown West Palm Beach. Overlooking the interior courtyard, the residence is bathed in natural sunlight with open sky views creating a bright and serene retreat above the energy of the city below. Thoughtfully finished with tile and hardwood flooring throughout, the home features rich solid cherry kitchen with granite countertops and updated appliances and freshly painted. Two private balconies extend the living space outdoors, offering peaceful areas to unwind. The primary suite is generously scaled, complete with a spacious bathroom featuring a soaking tub, all marble large shower, dual sinks and large walk-in closet. A well-appointed guest suite offers a full bathroom and enjoys its own private balcony, perfect for visitors or a quiet workspace. 1-garage-parking space and storage. Amenities in this full-service building are endless; 24-hr security, concierge, roof top pool, hot tub, sauna, steam room, fully renovated state of the art fitness center/gym, new outdoor kitchen w/ BBQ area and RH furniture, outdoor & indoor movie theaters, renovated club room, table tennis, lanai courtyard w/ water feature, renovated roof top dog park area, complimentary valet parking & exceptional staff. Centrally located in the heart of Downtown West Palm Beach, across from One Flagler offices, 7 minutes to PBIA airport, award winning restaurants and shopping, and walking to Worth Ave, Palm Beach.
Full Property Details
Full Property Details for 701 S Olive Ave #1605
General
- Price: $875,000
- HOA FEE: $1,229/month
- Taxes: $14,777 (2025)
- Status: Active
- Type: Condo
- Source: Regional
- MLS ID: B26003616
- Updated: 4/15/2026
- Added to Site: 50 day(s) ago
Interior
- Number of Rooms: 4
- Interior Features: Breakfast Bar, Bathtub, Dual Sinks, Garden Tub/Roman Tub, High Ceilings, Living/Dining Room, Pantry, Split Bedrooms, Storage, Soaking Tub, Separate Shower, Walk-In Closet(s)
- Appliances: Dryer, Dishwasher, Electric Water Heater, Free-Standing Freezer, Freezer, Disposal, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
- Furnishings: Unfurnished
- Flooring: Ceramic Tile, Engineered Hardwood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main Floor Baths: 2
Bedrooms
- Total Bedrooms: 2
- Bedrooms Main: 2
Other Rooms
- Laundry: Inside, Laundry Closet, In Unit, Washer Dryer Install Allowed
Additional Information
- Shared Amenities: Bike Storage, Clubhouse, Community Kitchen, Dog Park, Fitness Center, Management, Picnic Area, Pool, Sauna, Spa/Hot Tub, Security, Storage, Sidewalks, Trash, Elevator(s)
- Pool: Yes
- Pool Description: Association, Heated
- Security/Safety: Building Security, Closed Circuit Camera(s), Fire Alarm, Fire Sprinkler System, Gated with Guard, Secured Garage/Parking, Key Card Entry, Lobby Secured, Smoke Detector(s)
Exterior
- Exterior Features: Balcony, Outdoor Living Area
- Porch/Patio/Deck: Covered, Open, Balcony
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Total Spaces: 1
- Parking Features: Assigned, Attached, Garage, Guest, Valet
Location
- County: Palm Beach
- Subdivision: TWO CITY PLAZA CONDO
- Building Name: Two City Plaza
- Driving Directions: I-95 East on Okeechobee, North on Olive Ave, 2nd block on left, directly across from Hyatt Hotel. Complimentary valet parking available.
- Direction Faces: East
Community
- Community Name: 5420
- Association: Yes
- Assoc. Name: Two City Plaza
- Assoc. Fees Include: Common Areas, Cable TV, Hot Water, Insurance, Pool(s), Reserve Fund, Sewer, Security, Trash, Water, Internet
- Units Assoc/Comm: 467
- Pets Allowed: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Central, Individual
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available, Sewer Available, Water Available
Structural Information
- Structure Type: Multi Family
- Builder: Kolter Homes
- Construction: Block
- Roof: Tile
- Windows: Blinds, Storm Window(s)
- Entry Location: Entry Level Living Area Y
- Stories/Levels: 1
- Building Size: 1170
- Square Feet: 1,170
- Sq. Ft. Source: Public Records
- Living Area: 1,170 Sq. Ft.
- Year Built: 2008
- Property Condition: Resale
Lot Features
- Property View: Garden
- Street Lights: Yes
- Lot Features: Sprinklers Automatic
- Zoning: QGD-25 (city)
Water Features
- Water Front View: None
Financial Considerations
- Association Fee: $1,229
- Assoc Fee Freq.: Monthly
- Tax Amount: $14,777.42
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard, Listed As-Is
- Legal Description: TWO CITY PLAZA CONDO UNIT 1605
- Property ID: 74434322410001605
Listed by Douglas Elliman
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Schools
Schools serving 701 S Olive Ave #1605
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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 701 S Olive Ave #1605
Date
Details
Price
Change
Source
3/18/2026
Listed
$875,000
17.45%
MLS
5/15/2025
Sold
$745,000
—
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 #1605
Year
Property Taxes
Change
Tax Assessment
Change
2025
$15,481
57%
$680,000
15%
2024
$9,865
8%
$590,000
7%
2023
$9,150
16%
$550,000
37%
2022
$7,869
14%
$402,800
37%
2021
$6,906
-6%
$295,000
—
2019
$7,330
-2%
$295,000
-9%
2018
$7,505
2%
$325,000
3%
2017
$7,352
3%
$315,000
5%
2016
$7,149
2%
$300,000
5%
2015
$6,975
1%
$285,000
2%
2014
$6,921
7%
$280,000
8%
2013
$6,454
—
$260,000
—
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 #1605
701 S Olive Avenue #1605, West Palm Beach, FL 33401 (MLS# B26003616) is a Condo property with 2 bedrooms and 2 full bathrooms. 701 S Olive Avenue #1605 is currently listed for $875,000 and was received on March 18, 2026. Want to learn more about 701 S Olive Avenue #1605? Do you have questions about finding other Condo 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.

