$1,245,000

701 S Olive Ave Unit 503 West Palm Beach, FL 33401

$10,000
Closing credit¹
2 beds
2 full
1,324 sqft
$940 / sqft
Condo

Property details

About 701 S Olive Ave Unit 503

In the heart of downtown West Palm Beach, you'll find a stunning fully renovated condo that exudes modern luxury. This spacious residence boasts two generously sized bedrooms each with its own private bathroom, and a versatile den that can serve as a home office or additional living space. With soaring 14-foot ceilings, this condo offers an open and airy atmosphere that's truly captivating. Enter into the heart of this home, the designer kitchen, where no expense was spared. It features all new appliances, exquisite countertops with oversized waterfall island and custom cabinetry, making it a chef's dream come true. The entire condo showcases all-new flooring that adds elegance to the space. Designer lighting, window treatments and molding add the final touches to truly make it special...

Highlights

Home typeCondominium
HeatingCentral
StatusActive
CoolingCentral Air
Size1,324 sqft
Year built2008
ParkingAssigned, Garage - Building, Guest
MLS #RX-11088932
Garage1 space
ViewCity

Virtual tour

Summary

  • Full Bathrooms: 2
  • Appliances: Dishwasher, Disposal, Dryer, Fire Alarm, Freezer, Ice Maker, Electric Range, Refrigerator, Washer, Electric Water Heater
  • Flooring Type: Tile
  • Interior: Built-in Shelves, Closet Cabinets, Ctdrl/Vault Ceilings, Entry Lvl Lvng Area, Fire Sprinkler, Kitchen Island, Roman Tub, Split Bedroom, Volume Ceiling, Walk-in Closet
  • Total Bedroom Count: 2
  • Garage Space: 1 space
  • Attached Garage: No
  • Private Pool: No
  • Parking: Assigned, Garage - Building, Guest
  • Waterfront: None
  • View: City
  • Exterior: Covered Balcony, Open Balcony
  • Architectural Style: 4+ Floors
  • Heating: Central
  • Cooling: Central Air
  • List Price: $1,245,000
  • Price/SqFt: $940
  • HOA Amount: $1,324
  • HOA Frequency: Monthly
  • Lot: Paved, Sidewalk
  • Directions: I-95 East on Okeechobee, North on Olive Ave, 2nd block on left, directly across from Hyatt Hotel. Complimentary valet parking available.
  • Year Built: 2008
  • Stories: 21
  • Living Area: 1,324 SqFt
  • MLS Number: RX-11088932
  • Office Name: Douglas Elliman
  • Office Phone: (561) 655-8600
  • Listing Agent: Lori Cronican
  • Agent Phone: (509) 254-1683

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: 5/12/2025, 7:20:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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kitchen with stainless steel electric range oven, gray cabinetry, wall chimney exhaust hood, a sink, and light countertops

$1,245,000

701 S Olive Ave Unit 503

$10,000

closing credit¹

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

We're sorry, we currently don't have tax history data for this listing.

Nearby schools

8

Palm Beach Public School

Public Magnet KG-5

0.7 mi

239 Cocoanut Row

4

U. B. Kinsey/Palmview Elementary School

Public Magnet PK-5

1.3 mi

800 11th St

4

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. The majority of West Palm Beach, FL residents have income between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

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 503

The listing price of 701 S Olive Ave Unit 503 property is $1,245,000.

The property 701 S Olive Ave Unit 503 is a condo located in West Palm Beach, Florida, 33401.

Active Listing: 701 S Olive Ave Unit 503 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 701 S Olive Ave Unit 503 are: Palm Beach Public School (GreatSchools Rating 8/10), U. B. Kinsey/Palmview Elementary School (GreatSchools Rating 4/10), Belvedere Elementary School (GreatSchools Rating 4/10), Roosevelt Community Middle School (GreatSchools Rating 6/10), University Preparatory Academy Palm Beach (GreatSchools Rating 2/10), Conniston Community Middle School (GreatSchools Rating 4/10), Alexander W Dreyfoos Junior School of the Arts (GreatSchools Rating 9/10), Worthington High School (GreatSchools Rating 1/10), Florida Futures Academy North Campus (GreatSchools Rating 2/10).

The property at 701 S Olive Ave Unit 503 has 2 bedrooms and 2 bathrooms.

The property 701 S Olive Ave Unit 503 is 1,324 SqFt (source: MLS/tax record).

The year of construction for 701 S Olive Ave Unit 503 is 2008.

This home is located at 701 S Olive Ave Unit 503 in West Palm Beach, FL and zip code 33401 in the Downtown neighborhood. This 1,324 square foot home was built in 2008. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 8, 2025 and is currently priced at $1,245,000.

In April 2025 more than 27 listings in West Palm Beach, FL were sold above the asking price. During the same period more than 48 listings were sold at asking price, while more than 208 were sold below. The inventory of homes for sale in West Palm Beach, FL between March and April 2025 increased by 7.6%. While the average time on the market in April 2025 was 76 days, the median list price was $405,489.

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

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