$10,000

closing credit¹

701 S Olive Ave Unit 116 West Palm Beach, FL 33401

$1,250,000
1 bed
1 full, 1 partial
1,290 sqft
$969 / sqft
Condo

Property details

About 701 S Olive Ave Unit 116

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 Shop, Sandwich Shoppe are approved uses. 100% Walkability, strategically located between 3 Hotels, 6 Major Urban Towers, & Office Buildings, & THE SQUARE!

Highlights

Home typeCondominium
HeatingCentral
StatusActive
CoolingCeiling Fan(s)
Size1,290 sqft
Year built2008
ParkingAssigned, Garage - Building
MLS #RX-10953914
Garage1 space
ViewCity

Virtual tour

Summary

  • MLS Number: RX-10953914
  • Office Name: Luxe Life Realty LLC
  • Office Phone: (561) 907-8155
  • Listing Agent: Colleen Foley
  • Agent Phone: (508) 945-2100

IDXAll listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2025 BeachesMLS, Inc.

This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/2/2025, 5:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$1,250,000

701 S Olive Ave Unit 116

$10,000

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

8

Palm Beach Public School

Public Magnet KG-5

0.7 mi

239 Cocoanut Row

5

U. B. Kinsey/Palmview Elementary School

Public Magnet PK-5

1.3 mi

800 11th St

3

Belvedere Elementary School

Public District PK-5

1.5 mi

3000 Parker Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $49,908. Typical income of West Palm Beach, FL residents is between $35k-100k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

27%
<35k
51%
35k-100k
13%
100k-200k
9%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

76%
Single, No Kids
6%
Single, with Kids
15%
Married, No Kids
3%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

6%
<11 yrs old
2%
12-17 yrs old
44%
18-34 yrs old
39%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

  • Hiking/backpackingHiking/backpacking
  • TennisTennis
  • Live TheatreLive Theatre

Where do the neighbors shop?

  • BloomingdalesBloomingdales
  • Crate & BarrelCrate & Barrel
  • H&MH&M

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • Boston MarketBoston Market
  • ChipotleChipotle

What do the neighbors drive?

  • AudiAudi
  • BMWBMW
  • MercedesMercedes

What do the neighbors listen to?

  • AlternativeAlternative
  • NewsNews
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 701 S Olive Ave Unit 116

This home is located at 701 S Olive Ave Unit 116 in West Palm Beach, FL and zip code 33401 in the Downtown neighborhood. This 1,290 square foot home was built in 2008. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since January 26, 2024 and is currently priced at $1,250,000.

In January 2025, from all listings sold in West Palm Beach, FL there were more than 18 sold above asking price, over 143 sold below and more than 35 were sold right at the asked price. The number of listings in West Palm Beach, FL increased by 14.3% between December and January 2025. While the average time on the market in January 2025 was 70 days, the median list price was $400,546.

From Rocket Homes Real Estate and based on county public records data.

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