Video tour
$10,000 Closing Credit¹
#RX-11035418, Cappy Lerman Abraham, Listing Office: Palm Beach Residential Properties LLC
$2,790,000 List price
701 S Olive Ave Unit 112 West Palm Beach, FL 33401
1 bed
2 partial
1,603 sqft
$1,740 / sqft
Condo
Property details
About 701 S Olive Ave Unit 112
LOCATION! LOCATION! LOCATION! The most visible and convenient SE corner of this Live/Work space in downtown West Palm Beach! This open concept loft style boasts 22' ceilings, large windows with awnings, and beautiful lighting. This space is zoned for residential and commercial use! It could be your unique home and/or office in the heart of downtown and have great tax advantages for combined business use. Comes w/optimal parking space on ground level w/ direct lobby access and full-time valet services available for customers. Separate entrance outside or walk through the grand lobby. Enjoy the luxuries of the large rooftop pool/hot tub, dry sauna, spacious steam room, complete summer kitchen, and 5th floor fitness center and club lounge. electric grills, moonlight theatre, designated pet
Highlights
Home typeCondominium
StatusActive
CoolingCentral Air
Size1,603 sqft
Year built2008
ParkingAssigned, Garage - Building, Street
MLS #RX-10787387
Garage1 space
ViewCity
Virtual tour
Summary
- MLS Number: RX-10787387
- Office Name: Douglas Elliman (Palm Beach)
- Listing Agent: Michelle L Esposito PA
All 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: 3/9/2025, 10:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,790,000
701 S Olive Ave Unit 112
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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
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.
Neighborhood
The neighbors living near this home have an average income of $49,908. Most West Palm Beach, FL residents have annual incomes between $35k-100k. The majority of families are 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/backpacking
Tennis
Live Theatre
Where do the neighbors shop?
Bloomingdales
Crate & Barrel
H&M
Where do the neighbors go to eat?
Starbucks
Boston Market
Chipotle
What do the neighbors drive?
Audi
BMW
Mercedes
What do the neighbors listen to?
Alternative
News- Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 701 S Olive Ave Unit 112
This home is located at 701 S Olive Ave Unit 112 in West Palm Beach, FL and zip code 33401 in the Downtown neighborhood. This 1,603 square foot home was built in 2008. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since March 28, 2022 and is currently priced at $2,790,000.
In February 2025, from all listings sold in West Palm Beach, FL there were more than 12 sold above asking price, over 169 sold below and more than 29 were sold right at the asked price. The inventory of homes for sale in West Palm Beach, FL between January and February 2025 increased by 13%. The median list price of listings available in February 2025 was $406,042, while the average time on the real estate market was 89 days.
From Rocket Homes Real Estate and based on county public records data.