701 S Olive Avenue Unit 505 & 506
West Palm Beach, FL 33401
Beds
3
Baths
4
Square Ft.
2,186
$3,290,000
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… Read More 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. Read Less
Courtesy of Douglas Elliman 561-655-8600
Listing Snapshot
Days Online
20
Last Updated
Property Type
Condominium
Beds
3
Full Baths
3
Partial Baths
1
Square Ft.
2,186
Year Built
2008
MLS Number
B26064410
30 Days Snapshot Of 33401
$537k
-3%
(avg) sold price
8
-70%
homes sold
123
-20%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Disposal, Dryer, Electric Water Heater, Range, Freezer, Dishwasher, Electric Range, Ice Maker, Microwave, Refrigerator, Washer, Water Heater
Property Access
Road frontage type: East of US-1
Building
Built in 2008, Living area: 2186, Construction materials: CBS, Toal building area: 2186
Cooling
Ceiling Fan(s), Central Individual
Exterior Features
Courtyard, Barbecue, Built-in Barbecue, Custom Lighting, Garden, Lighting, Outdoor Kitchen
Fence
Gate
Floors
Carpet, Engineered Wood, Tile
Garage
2 spaces
Heating
Central Individual
Home Owner's Association
Association fee: $2,295, Association fee frequency: Monthly, Association fee includes: Pool Service, Cable TV, Common Areas, Elevator, Insurance, Internet, Maintenance Grounds, Pest Control, Reserve Funds, Security, Sewer, Trash, Water, Association amenities: Security, Pool, Bike Storage, Community Room, Dog Park, Elevator(s), Fitness Center, Heated Pool, Internet Included, Jogging Path, Management, Manager On Site, Picnic Area, Sauna, Sidewalks, Spa/Hot Tub, Storage, Street Lights, Trash Chute
Interior Features
Bedroom Layout - Split, Built-in Features, Cathedral Ceiling(s), Entrance Foyer, High Ceilings, Pantry
Laundry
Inside, Laundry Closet
Lot
Sidewalks
Parking
Assigned, Attached Garage, Garage, Guest, Valet, 2 total parkings
Pets Policy
Pets allowed: Breed Restrictions, Pet Restrictions Possible, Number Limit, Yes
Property
Patio and porch features: Patio - Open, Terrace, Patio, View: City, Garden, Zoning: QGD-25 (city)
Roof
Tile
Security Features
Building Security, Closed Circuit Camera(s), Fire Alarm, Fire Sprinkler System, Gated with Guard, Key Card Entry, Lobby - Attended, Secured Garage/Parking, Security System, Smoke Detector(s)
Sewer
Public Sewer
Taxes
Annual amount: $12,407
Utilities
Cable Available, Electricity Available, Sewer Available, Water Available
Windows
Blinds, Sliding, Storm Window(s)
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