701 S Olive 422, West Palm Beach, FL 33401
Overview
Description
Supplements: ... (Read more) views. The private 26 x 5-foot balcony is tucked away and separated from the other north facing balconies and affords intracoastal views. This extra-large covered area with soaring Italian arches & columns extends from the living area to the bedroom. The outdoor area is a private space and an extension of the indoor spaces making this 1-bedroom apartment larger than many of the smaller 2 bedrooms in the building. A large master bedroom and huge walk-in with custom shelving takes advantage of the tall ceilings and gives you plenty of storage space. If you don't have enough storage this unit comes with a conveniently located 12' x 8' storage space located directly in front of the garage parking space on the same floor, just down the hall. The spacious master bath includes a large soaker tub and shower. If you are looking for a large unique yet private upscale loft condominium to enjoy the walkable city that West Palm Beach has become, look no further! Palm Beach and the beautiful Atlantic are less than 1 mile away. The high-speed Virgin Trains USA is just a few short blocks to connect you to Ft. Lauderdale, Miami and soon Orlando. Rosemary Square and and Historic Clematis St. are just a couple short blocks away. West Palm Beach is entering a new era. The city is taking off, and this could be your perfect launching point! If you haven't visited Two City Plaza it is the premier building in downtown West Palm Beach just a couple blocks from Cityplace, the waterfront, and 5 blocks from historic Clematis St. Two City has the best amenities in the city including a spectacular pool and amenity deck that includes inspiring views of the Atlantic Ocean and Palm Beach. 360 views on the rooftop deck give you amazing city views. There is beautiful bar and grilling area with fridge and ice maker. This area also serves as an outdoor theater for special events with a projection tv wall and outdoor speakers. There is a steam room and sauna along with a beautiful pool and jacuzzi tub. Two large seating areas to picnic or take your work outside with WiFi in all the common areas. If you don't feel like walking your dog at night outside you can use the dog walk area on the rooftop. The rooftop is truly one of the premier spaces in the downtown and has to be seen to be appreciated. Additional amenities in the Two City include a large fitness room which is undergoing a renovation to add additional machines. The fitness room is light and bright adjacent to a large outdoor courtyard with seating which is another area to get some work done in a beautiful upscale environment in a tropical setting with water features and lush landscaping. There is a large club room which you can use for special events or have a meeting. There is a premium indoor theater with stadium seating and hundreds of movies on demand, or watch a pay-per-view event. The best of all is that with all these amenities the association fees in Two City Plaza are very reasonable at just 60 cents a sq/ft. West Palm Beach has undergone a major resurgence in the last 25-30 years and is again in the middle of development cycle. There is currently over 3.3 billion dollars in our development pipeline. Two new class A office buildings are going up in the downtown which should drive values in the next 3-5 years as urban professionals will look to live in a city that allows you to walk to your office building just blocks away. A 100 million dollar renovation of the Norton Museum was just completed, The Kravis Theater for the performing arts is undergoing an upgrade and renovation, Cityplace now re-branded as Rosemary square and Clematis St. are expanding and redesigning the streets, facades and adding density by building luxury apartments. All these things are within a few short blocks of Two City Plaza. New Hotels, luxury apartments, historic renovations, streetscaping projects, a bicycle master plan, alley improvement projects, storm drains, street diets and much more is all happening simultaneously in downtown WPB right now. In addition to the billions in new projects that are going up all over the downtown, we now have a high speed rail station just blocks from Two City Plaza that connects us Ft. Lauderdale and Miami. This will also connect us with Orlando and Tampa in the next 3-5 years. 60 million tourists visit Orlando alone and many will now pass through our city and discover all that it has to offer on our beautiful waterfront just steps from the beautiful beaches and island of Palm Beach. Billionaire Philanthropist and Virgin Group owner Richard Branson just bought a stake in The Brightline and will be investing in the areas around the station. Cohen Brothers Realty are also investing in downtown WPB by bringing back to life a mixed-use project at The Carefree site just south of downtown on S. Dixie Ave. Cohen Brothers have also has just been awarded the exclusive rights to bring forth a project on the 3 plus acre "Tent Site" just next door to Two City Plaza. It is rumored they will bringing forth another Class A office building with an emphasis on medical office space. Our downtown has the unique character of being a walkable city that is not too big, nor too small just a 15 minute walk to the beaches in Palm Beach. There is no other city like it in South Florida and our city has a bright future ahead. This future should increase values and attract people in the Northeast who are used to paying thousands of dollars per sq/ft for quality spaces in the middle of cities like New York & Boston. Get a unique space like this now for a fraction of that while you still can!
Listing Details MLS# R10603848
General Property Information
- Number Of Units In Community
- 467
- Total Units In Building
- 467
- Unit Floor #
- 4
- Property Sub Type
- Condominium
- Bedrooms Total
- Yes
- Bathrooms Total
- 2
- Bathrooms Full
- Yes
- Bathrooms Half
- Yes
- Building Area Main
- 1364
- Building Area Source
- Plans
- Living Area Main
- 1234
- Year Built
- 2008
- Garage YN
- Yes
- Attached Garage YN
- Yes
- Garage Spaces
- Yes
- Covered Spaces
- Yes
- Gated Community YN
- No
- Senior Community YN
- No
- Outdoor Living Spaces YN
- Yes
- Stories Total
- 20
- Direction Faces
- North
- Pool Private YN
- No
- Builder Model
- V1
- Furnished
- Unfurnished
- LP/Assessed Value
- 1.17
- Lot Size Area
- 0
Property Features
Contract Information
- Comp Sale YN
- No
- Original List Price
- 385000
Location and Legal
- County Or Parish
- Palm Beach
- County Parish Name
- Palm Beach
- Street Number
- 701
- Street Direction Prefix
- S
- Street Name
- Olive
- Unit Number
- 422
- City Name
- West Palm Beach
- State Or Province
- FL
- Postal Code
- 33401
- Postal Zip
- 33401
- Subdivision Name
- Two City Plaza Condo
- Development Name
- Two City Plaza
- Area
- 5420
- Geographic Area
- PB20
- Elementary School
- Roosevelt
- Middle Or Junior School
- Conniston Community
- High School
- Forest Hill
- Special Assessment YN
- No
- Parcel Number
- 74434322410000422
- Zoning
- Res
- Directions
- Int 95 to Okeechobee Blvd East. Left on S. Olive. Complimentary Valet parking.
Financial Information
- Association YN
- Yes
- Association Deposit YN
- No
- Association Fee
- 760.73
- Association Fee Frequency
- Monthly
- Association Membership
- Mandatory
- Application Required YN
- Yes
- Association Phone
- 561-202-1900
- Membership Fee Required YN
- No
- Tax Annual Amount
- 6170
- Tax Year
- 2019
- Tax Assessed/SOH Value
- 300000
- Tax Legal Description
- TWO CITY PLAZA CONDO UNIT 422
Status Change Information
- Major Change Timestamp
- 2020-11-12T15:54:44Z
- Major Change Type
- Status Change
- Price Change Timestamp
- 2020-06-25T17:29:48Z
- Status Change Date
- 2020-11-12
- Under Contract Date
- 2020-09-08
- Close Date
- 2020-11-09
- Close Price
- 332000
- Buyer Financing
- Conventional
More Information
Application Fee Details
- Application Fee Required
- Yes
- Application Fee
- 100
Short Sale Details
- Short Sale Addendum
- No
Storm Protection
- Impact Glass
- Complete
Buyer Details
- Country of Origin
- United States
- Intended Use
- Primary Residence
- Zip Code
- 33401
Room Types
- Kitchen Level
- Main
- Living Room Level
- Main
- Master Bedroom Level
- Main
- Kitchen
- Yes
- Laundry
- Yes
- Living Room
- Yes
- Master Bedroom
- Yes
Price Calculations
- Current Price To SqFt
- 269.04
- Original List Price To Close Price
- 1.15
Originating Details
- Originating System Key
- 20200225001824600970000000
- Originating System ID
- M00000170
Office/Member Information
- DXORIGMLSID
- RML
Amenities
- Community Room
- Yes
- Elevator(s)
- Yes
- Fitness Center
- Yes
- Manager On Site
- Yes
- Parking
- Yes
- Pool
- Yes
- Sauna
- Yes
- Sidewalks
- Yes
- Spa/Hot Tub
- Yes
- Storage
- Yes
- Street Lights
- Yes
- Trash Chute
- Yes
Association Fee Includes
- Cable TV
- Yes
- Elevator
- Yes
- Hot Water
- Yes
- Insurance
- Yes
- Maintenance Grounds
- Yes
- Recreation Facility
- Yes
- Security
- Yes
- Water
- Yes
Dining Area
- Formal Dining
- Yes
Electric
- Three Phase
- Yes
Parking Features
- Deeded
- Yes
- Guest
- Yes
- Attached Garage
- Yes
- Garage
- Yes
Property Condition
- Resale
- Yes
Possession
- Negotiable
- Yes
Sewer
- Public Sewer
- Yes
Special Information
- Sold As-Is
- Yes
Utilities
- Cable Available
- Yes
- Sewer Available
- Yes
- Water Available
- Yes
View
- City
- Yes
Heating
- Central
- Yes
- Central Building
- Yes
- Electric
- Yes
Unit Description
- Corner/End Unit
- Yes
Water Access
- None
- Yes
Water View
- Intracoastal
- Yes
Appliances
- Dishwasher
- Yes
- Disposal
- Yes
- Dryer
- Yes
- Electric Range
- Yes
- Ice Maker
- Yes
- Microwave
- Yes
- Refrigerator
- Yes
- Washer
- Yes
- Water Heater
- Yes
Construction Materials
- CBS
- Yes
Interior Features
- Built-in Features
- Yes
- Cathedral Ceiling(s)
- Yes
- Closet Cabinetry
- Yes
- Entrance Foyer
- Yes
- Roman Tub
- Yes
- Storage
- Yes
- Vaulted Ceiling(s)
- Yes
- Walk-In Closet(s)
- Yes
Laundry Features
- Inside
- Yes
- Laundry Closet
- Yes
- Washer Hookup
- Yes
- Dryer Hookup
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Road Frontage Type
- East of US-1
- Yes
- Public Road
- Yes
Road Surface Type
- Paved
- Yes
Roof
- Tar/Gravel
- Yes
Security Features
- Closed Circuit Camera(s)
- Yes
- Lobby - Attended
- Yes
- Security Patrol
- Yes
- Security System
- Yes
Water Source
- Public
- Yes
Water Heater Details
- Electric Water Heater
- Yes
Architectural Style
- Colonial
- Yes
- Mediterranean
- Yes
Cooling
- Central Air
- Yes
- Central Building
- Yes
- Electric
- Yes
Association Type
- Condominium
- Yes
Showing Requirements
- Occupied
- Yes
- Schedule Online
- Yes
- Text Listing Agent
- Yes
Master Bedroom/Bath
- Separate Shower
- Yes
- Separate Tub
- Yes
Membership
- No Membership Available
- Yes
Pets Allowed YN
- Yes
- Yes
Pets Allowed
- Breed Restrictions
- Yes
Pet Details
- Pet Fee
- 0
Restrictions
- Buyer Approval Required
- Yes
- Lease Restrictions
- Yes
- Parking Restrictions
- Yes
Tax Information
- City/County
- Yes
Occupant Details
- Owner Occupied
- Yes
Outdoor Living Spaces
- Balcony
- Yes
- Patio
- Yes
Patio Details
- Patio - Covered
- Yes
Contingencies
- Financing
- Yes
- Inspection
- Yes
Concessions Detail
- Other
- Yes
Acreage Description
- 2 To Less Than 3 Acre Lot
- Yes
Room Information
| Room Name | Length | Width | Level |
|---|---|---|---|
| Living Room | 15.00 | 13.00 | Main |
| Kitchen | 10.00 | 10.00 | Main |
| Master Bedroom | 15.00 | 12.00 | Main |
| Laundry |
