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701 S Olive Avenue # 506, West Palm Beach FL 33401

Residential

701 Olive

West Palm Beach, FL 33401

ML#:B26064410
List Price:$3,290,000
Status:Active
Days on Market:26
Listing Brkr:Douglas Elliman
Subdivision:TWO CITY PLAZA CONDO,Two City Plaza
Bedrooms:3
Baths:3.5
SqFt (Liv):2,186
Lot Size:0 acres
Year Built:2008
Stories:21

General Information

Type Property:Residential
Style:Condominium
Pool:Private
Garage Spaces:2
Parking:—

Location Information

County:Miami-Dade County
Zip:33401
Subdivision:TWO CITY PLAZA CONDO,Two City Plaza
Latitude:26.706460
Longitude:-80.052309

Rooms

Total Rooms:8
Bedrooms:3
Full Baths:3
Half Baths:1
Laundry:Laundry Room, Utility Room/Laundry

Additional Features

Interior:Built-in Features, Fire Sprinklers, Entrance Foyer, Pantry, Split Bedroom, Volume Ceilings, Utility Room/Laundry
Exterior:East Of Us1, Barbeque, Built-In Grill, Courtyard, Exterior Lights, Other
Appliances:Electric Water Heater, Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
Flooring:Carpet, Tile, Wood
View:Garden
Heating:Central Individual A/C
Cooling:Ceiling Fan(s), Central Individual A/C
Construction:CBS Construction
Waterfront:No
Furnished:Partially
Pets Allowed:Yes
Community:Buyer Approval Required, Exercise Room, Management On Site, Mandatory Hoa, Picnic Area, Pool, Sauna, Sidewalks, Spa/Hot Tub, Street Lights, Whirlpool
Security:Smoke Alarm, Smoke Detector(s), Fire Sprinkler System, Fire Sprinklers, Fire Alarm, Security System, Smoke Detector, Key Card Entry, Building Security, Doorman, Card Entry, Secured Garage/Parking, Gated with Guard, Lobby Secured, Lobby Attended, Key/Card Entry Parking, TV Camera, TV Monitor

Financial Information

HOA (Monthly):$2,295
Annual Taxes (2025):$12,407
Days on Market:26

Remarks

A rare opportunity to create a signature residence in the heart of downtown West Palm Beach in Two City Plaza. Imagine combining two exceptional patio residences into one extraordinary urban villa, offering amazing scale, ceiling height, and indoor-outdoor lifestyle rarely found downtown. Residences 505 and 506 at Two City Plaza present a once-in-a-generation opportunity to acquire two side-by-side, fully renovated homes and create a custom three-bedroom, three-and-a-half-bath residence encompassing 2,186sqft of interior living space, complemented by more than 1,000sqft of private, gated outdoor space. Among only eight coveted patio residences in the entire building, this offering is made even more distinctive by the ability to seamlessly combine the two homes. Maintain multiple private terraces, or envision one expansive, beautifully designed showcase patio: a private outdoor environment unlike virtually anything else in downtown condominium living. Inside, soaring 14-foot ceilings create exceptional volume and flood the interiors with natural light, while the patio-level positioning delivers effortless indoor-outdoor flow. Generous living and entertaining spaces open directly to the terraces, ideal for entertaining, relaxing, or creating a serene retreat in the heart of the city. The conceptual floor plan illustrates the potential to merge the residences into one sophisticated home that lives more like a bespoke private residence than a traditional condominium. The possibilities are exceptional: create one substantial signature residence, maintain two distinct living environments for multigenerational living or guests, or preserve the flexibility to use the residences independently. Both residences have already been tastefully renovated, offering move-in-ready interiors with updated kitchens and baths, modern tilework, walk-in closets, and bright, open living spaces that flow seamlessly to the outdoors. . RESIDENCE 505 | 2 BED / 2 BATH | 1,150 SF A spacious primary suite, second bedroom, open living and dining areas, an updated kitchen, new bedroom flooring, and a large private terrace. . RESIDENCE 506 | 1 BED / 1.5 BATH | 1,032 SF A generous great room, well-proportioned bedroom, beautifully upgraded finishes throughout, and a dual-entry terrace with direct access to its private outdoor space. . INCLUDED WITH THE COMBINED OFFERING Two garage parking spaces (P2-67 and P9-624), one air-conditioned storage room, and one air-conditioned storage cage, adding another level of convenience and value. More than 3,186sqft of combined indoor and private outdoor living offers the freedom to entertain, garden, create a private pet-friendly retreat, or simply enjoy a level of space and privacy rarely available in a luxury high-rise setting. Two City Plaza offers an impressive collection of amenities including concierge and complimentary valet, rooftop pool with towel service and panoramic views, hot tub, sauna and steam room, renovated fitness center, outdoor kitchen and BBQ area with Restoration Hardware furnishings, firepit, table tennis, indoor and outdoor movie theaters, club room, courtyard, rooftop dog park, and exceptional staff. Ideally positioned in the heart of Downtown West Palm Beach, across from One Flagler and moments from acclaimed dining, shopping, cultural attractions, Worth Avenue, Palm Beach, and approximately seven minutes from PBIA.

Listing Agent

Christopher Cronican

Douglas Elliman

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Prepared by Rangely Adames · Sunland Group · Licensed FL Real Estate Sales Associate · rangelyadames.com · (954) 833-0020

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