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701 S Olive Avenue 116, West Palm Beach, FL 33401 (MLS# R11116071)

701 S Olive Avenue 116, West Palm Beach, FL 33401

$1,135,000

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https://www.propertypanorama.com/701-S-Olive-Avenue-0116-West-Palm-Beach-FL-33401/unbranded

Two City Plaza Commerical Work/Live Unit

Property Type: Residential Bedrooms: 1 Baths: 2 Square Footage: 1,290 Status: Closed

Current Price: $1,135,000 List Date: 8/15/2025 Last Modified: 8/13/2026

Overview

Description

Incredible Opportunity for High Profile Commercial Space located in the Luxury Corridor of Downtown West Palm Beach! Corner Commercial WORK/LIVE Unit at Two City Plaza Luxury Condos offers Direct North Frontage on Trinity St. Soaring 22' Ceiling Height with Porcelain Flooring and Open Floor Plan offers endless possibilities for your Business or Office! Oak Stairway leads to Second Level featuring Glass Enclosed Private Office with Full Bath and Large Closet. A Light & Bright Fresh Palette awaits your personal touch in the ever thriving Downtown Market.Perfect for Art Gallery, Professional Offices, Convenience Store,Salon,Retail, Pet Store, Sandwich Shop. 100% Walkability, strategically located between 3 Hotels,6 Major Urban Towers, & Luxury Office Towers. Requires notice to show, TENANT.

Listing Details MLS# R11116071

General Property Information

Total Units In Building: 467
Unit Floor #: Yes
Property Sub Type: Condominium
Bedrooms Total: Yes
Bathrooms Total: 2
Bathrooms Full: Yes
Bathrooms Half: Yes
Building Area Main: 1290
Building Area Source: Builder
Living Area Main: 1290
Year Built: 2008
Garage YN: Yes
Garage Spaces: Yes
Covered Spaces: Yes
Gated Community YN: No
Senior Community YN: No
Stories Total: 21
Direction Faces: North
Pool Private YN: No
Furnished: Unfurnished

Property Features

Exterior Features: None Flooring: Carpet Parking Features: Assigned; Garage Property Condition: Resale Appliances: Dishwasher; Disposal; Ice Maker; Microwave; Refrigerator; Water Heater Water Heater Details: Electric Water Heater Construction Materials: CBS Cooling: Ceiling Fan(s) Association Type: Homeowner Association Heating: Central Interior Features: High Ceilings; Storage; Walk-In Closet(s) Laundry Features: None Levels: Multi/Split Listing Terms: Cash; Conventional Pets Allowed YN: Yes Possession: Close Of Escrow; Negotiable Restrictions: Buyer Approval Required Security Features: Fire Alarm; Fire Sprinkler System; Gated with Guard; Lobby - Attended; Security System; Smoke Detector(s) Sewer: Public Sewer Tax Information: City/County Unit Description: Corner/End Unit Utilities: Sewer Available; Water Available Water Access: None Water Source: Public Showing Requirements: Appointment Only; Listing Agent Must Accompany; Schedule Online Contingencies: Other Room Types: Bedroom 2; Dining Room; Kitchen; Living Room; Master Bedroom

Contract Information

Comp Sale YN: No
Original List Price: 1295000
Negotiable Seller Concessions YN: No

Location and Legal

Country: United States
County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 701
Street Direction Prefix: S
Street Name: Olive
Street Suffix: Avenue
Unit Number: 116
City Name: West Palm Beach
State Or Province: FL
Postal Code: 33401
Postal Zip: 33401
Subdivision Name: TWO CITY PLAZA CONDO
Area: 5420
Geographic Area: PB20
Elementary School: Roosevelt
Middle Or Junior School: Conniston Community
High School: Forest Hill
Special Assessment YN: No
Parcel Number: 74434322410000016
Zoning: QGD-25
Directions: 701 S Olive Ave West Palm Beach, FL 33401 Valet Parking

Financial Information

Association YN: Yes
Association Deposit YN: No
Association Fee: 907.9
Association Fee Frequency: Monthly
Association Membership: Mandatory
Application Required YN: Yes
Membership Fee Required YN: No
Tax Annual Amount: 13742
Tax Year: 2024
Tax Legal Description: TWO CITY PLAZA WORK/LIVE CONDO 16

Status Change Information

Major Change Timestamp: 2026-02-18T15:23:18Z
Major Change Type: Status Change
Status Change Date: 2026-02-18
Under Contract Date: 2026-01-16
Close Date: 2026-02-06
Close Price: 1135000
Buyer Financing: Cash

More Information

Application Fee Details

Application Fee Required: Yes
Application Fee: 100

Short Sale Details

Short Sale Addendum: No

Main Level Rooms

Main Level Bathrooms: Yes
Main Level Bedrooms: Yes

Pet Details

Other Pet Restrictions: 2 dogs no weight limit

Leasing Restrictions

Leasing - Minimum Number of Days: 180

Storm Protection

Impact Glass: Complete

Concessions

Seller Concessions: No

Contributions

Buyer Contributions: No

Room Types

Bedroom 2 Level: First
Dining Room Level: First
Kitchen Level: First
Living Room Level: First
Master Bedroom Level: Second
Bedroom 2: Yes
Dining Room: Yes
Kitchen: Yes
Living Room: Yes
Master Bedroom: Yes

Price Calculations

Current Price To SqFt: 879.84
Original List Price To Close Price: 1.14

Originating Details

Originating System Key: 20250817133232911851000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Amenities

Bike Storage: Yes
Community Room: Yes
Fitness Center: Yes
Manager On Site: Yes
Picnic Area: Yes
Pool: Yes
Sauna: Yes
Spa/Hot Tub: Yes
Trash Chute: Yes

Exterior Features

None: Yes

Flooring

Carpet: Yes

Parking Features

Assigned: Yes
Garage: Yes

Property Condition

Resale: Yes

Possession

Close Of Escrow: Yes
Negotiable: Yes

Sewer

Public Sewer: Yes

Utilities

Sewer Available: Yes
Water Available: Yes

View

City: Yes

Heating

Central: Yes

Unit Description

Corner/End Unit: Yes

Water Access

None: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Ice Maker: Yes
Microwave: Yes
Refrigerator: Yes
Water Heater: Yes

Construction Materials

CBS: Yes

Interior Features

High Ceilings: Yes
Storage: Yes
Walk-In Closet(s): Yes

Laundry Features

None: Yes

Levels

Multi/Split: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Security Features

Fire Alarm: Yes
Fire Sprinkler System: Yes
Gated with Guard: Yes
Lobby - Attended: Yes
Security System: Yes
Smoke Detector(s): Yes

Water Source

Public: Yes

Water Heater Details

Electric Water Heater: Yes

Cooling

Ceiling Fan(s): Yes

Association Type

Homeowner Association: Yes

Showing Requirements

Appointment Only: Yes
Listing Agent Must Accompany: Yes
Schedule Online: Yes

Master Bedroom/Bath

Separate Shower: Yes

Pets Allowed YN

Yes: Yes

Restrictions

Buyer Approval Required: Yes

Tax Information

City/County: Yes

Contingencies

Other: Yes

Room Information

Room Name	Length	Width	Level	Remarks
Living Room	30.00	17.50	First	Great Area with 22' Ceilings
Dining Room			First
Dining Room	14.00	12.00		Open to Great Area with 22' Ceilings
Kitchen	12.50	12.00	First
Master Bedroom	24.50	13.00	Second	Upstairs Master
Bedroom 2	16.00	12.50	First	Open above with 22' Ceilings

Listing Office: Luxe Life Realty LLC

Last Updated: August - 13 - 2026

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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701 S Olive Avenue 116, West Palm Beach, FL 33401 (MLS# R11116071)