701 S Olive AVE #505 & 506, West Palm Beach, FL 33401
701 S Olive AVE #505 & 506, West Palm Beach, FL 33401
701 S Olive AVE #505 & 506, West Palm Beach, FL 33401
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$3,290,000
Est. payment /mo
3 Beds
4 Baths
2,186 SqFt

UPDATED:

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 2,186 sqft

Price per Sqft $1,505

Subdivision Two City Plaza Condo

MLS Listing ID B26064410

Style One Story

Bedrooms 3

Full Baths 3

Half Baths 1

HOA Fees $2,295/mo

HOA Y/N Yes

Year Built 2008

Annual Tax Amount $12,407

Tax Year 2025

Property Sub-Type Condominium

Property Description

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 3,686sqft 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.

Location

State FL

County Palm Beach

Community Two City Plaza Condo

Area 5420

Direction Okeechobee Blvd East to Left on South Olive Ave headed in the north direction. Building is on the left just passed Lakeview Ave. Complimentary Valet.

Interior

Interior Features Breakfast Bar, Built-in Features, Bathtub, Dual Sinks, Entrance Foyer, High Ceilings, Living/Dining Room, Main Living Area Entry Level, Split Bedrooms, Shower Only, Pantry

Heating Central

Cooling Ceiling Fan(s), Central Air

Flooring Carpet, Hardwood, Tile, Wood

Furnishings Partially

Window Features Blinds,Sliding,Impact Glass

Appliance Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer

Exterior

Exterior Feature Barbecue, Courtyard, Lighting, Outdoor Grill, Other, Patio

Parking Features Attached

Garage Spaces 2.0

Pool None, Association, Community, Heated

Community Features Fitness, Home Owners Association, Park, Property Manager On-Site, Sauna, Street Lights, Sidewalks, Pool

Utilities Available Cable Available, Electricity Available, Water Available, Sewer Available

Amenities Available Bike Storage, Clubhouse, Controlled Access, Fitness Center, Management, Barbecue, Picnic Area, Pool, Guard, Sauna, Spa/Hot Tub, Security, Storage, Trail(s), Trash, Elevator(s)

View Garden

Roof Type Tile

Porch Patio

Total Parking Spaces 2

Garage Yes

Private Pool Yes

Building

Lot Description Buyer Approval Required

Building Description Block, Living Area

Faces East

Story 1

Sewer Not Connected (at lot), Public Sewer, Other

Water Public

Architectural Style One Story

Level or Stories One

Structure Type Block

Schools

Elementary Schools Roosevelt

Middle Schools Conniston

High Schools Forest Hill Community

Others

Pets Allowed No

HOA Name First Service Reside

HOA Fee Include Association Management,Common Area Maintenance,Cable TV,Insurance,Internet,Pest Control,Pool(s),Reserve Fund,Sewer,Security,Trash,Water

Senior Community No

Restrictions Association Approval Required

Tax ID 74434322410000505

Security Features Building Security,Closed Circuit Camera(s),Door Man,Fire Alarm,Gated with Guard,Secured Garage/Parking,Key Card Entry,Lobby Secured,Security System,Fire Sprinkler System,Smoke Detector(s)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Listed As-Is

Pets Allowed No

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Miami Association of Realtors (SEFMIAMI MLS)
Listed by Douglas Elliman

NEARBY SCHOOL & BUSINESS

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William Gartin

William Gartin

+1(305) 842-6097

Agent | License ID: 3422133

Agent License ID: 3422133

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