701 S Olive Avenue Unit 505 & 506, West Palm Beach, FL 33401
- $3,290,000
- 3
- BD
- 4
- BA
- 2,186
- SqFt
- List Price
- $3,290,000
- Listing Price
- $3,290,000
- Days on Market
- 29
- MLS#
- B26064410
- Bedrooms
- 3
- Bathrooms
- 4
- Living Sq. Ft
- 2,186
- Property Class
- Condo
- Elementary School
- Roosevelt
- Middle School
- Conniston Community
- High School
- Forest Hill
- Status
- ACTIVE
- County
- Palm Beach
- Region
- 5420
- Development
- PB20
- Building Name
- Two City Plaza
Property Description
A rare opportunity to create a signature residence in the heart of downtown West Palm Beach in Two City Plaza. Imagine combining two exceptional patio residences into one extraordinary urban villa, offering amazing scale, ceiling height, and indoor-outdoor lifestyle rarely found downtown. Residences 505 and 506 at Two City Plaza present a once-in-a-generation opportunity to acquire two side-by-side, fully renovated homes and create a custom three-bedroom, three-and-a-half-bath residence encompassing 2,186sqft of interior living space, complemented by more than 1,000sqft of private, gated outdoor space. Among only eight coveted patio residences in the entire building, this offering is made even more distinctive by the ability to seamlessly combine the two homes. Maintain multiple private terraces, or envision one expansive, beautifully designed showcase patio: a private outdoor environment unlike virtually anything else in downtown condominium living. Inside, soaring 14-foot ceilings create exceptional volume and flood the interiors with natural light, while the patio-level positioning delivers effortless indoor-outdoor flow. Generous living and entertaining spaces open directly to the terraces, ideal for entertaining, relaxing, or creating a serene retreat in the heart of the city. The conceptual floor plan illustrates the potential to merge the residences into one sophisticated home that lives more like a bespoke private residence than a traditional condominium. The possibilities are exceptional: create one substantial signature residence, maintain two distinct living environments for multigenerational living or guests, or preserve the flexibility to use the residences independently. Both residences have already been tastefully renovated, offering move-in-ready interiors with updated kitchens and baths, modern tilework, walk-in closets, and bright, open living spaces that flow seamlessly to the outdoors. . RESIDENCE 505 | 2 BED / 2 BATH | 1,150 SF A spacious primary suite, second bedroom, open living and dining areas, an updated kitchen, new bedroom flooring, and a large private terrace. . RESIDENCE 506 | 1 BED / 1.5 BATH | 1,032 SF A generous great room, well-proportioned bedroom, beautifully upgraded finishes throughout, and a dual-entry terrace with direct access to its private outdoor space. . INCLUDED WITH THE COMBINED OFFERING Two garage parking spaces (P2-67 and P9-624), one air-conditioned storage room, and one air-conditioned storage cage, adding another level of convenience and value. More than 3,186sqft of combined indoor and private outdoor living offers the freedom to entertain, garden, create a private pet-friendly retreat, or simply enjoy a level of space and privacy rarely available in a luxury high-rise setting. Two City Plaza offers an impressive collection of amenities including concierge and complimentary valet, rooftop pool with towel service and panoramic views, hot tub, sauna and steam room, renovated fitness center, outdoor kitchen and BBQ area with Restoration Hardware furnishings, firepit, table tennis, indoor and outdoor movie theaters, club room, courtyard, rooftop dog park, and exceptional staff. Ideally positioned in the heart of Downtown West Palm Beach, across from One Flagler and moments from acclaimed dining, shopping, cultural attractions, Worth Avenue, Palm Beach, and approximately seven minutes from PBIA.
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Additional Information
- Tax Year
- 2025
- Year Built
- 2008
- Garage Spaces
- 2
- furnished
- Partially
- Pets
- Yes
- Amenities
- Bike Storage, Clubhouse, Dog Park, Elevator(s), Fitness Center, Management, Picnic Area, Pool, Property Manager On-Site, Sauna, Security, Sidewalks, Spa/Hot Tub, Storage, Street Lights, Trail(s), Trash
- View
- City, Garden
- Waterfront Description
- None
- Construction
- Block
- Restrictions
- BuyerApprovalRequired
- Security
- Security System, Building Security, Closed Circuit Camera(s), Fire Alarm, Fire Sprinkler System, Gated with Guard, Secured Garage/Parking, Key Card Entry, Lobby Secured, Smoke Detector(s)
- Roof
- Tile
- Flooring
- Carpet, Engineered Hardwood, Tile
- Exterior Features
- Built-in Barbecue, Barbecue, Courtyard, Garden, Lighting, Outdoor Kitchen, Outdoor Living Area, Other, Uncovered Courtyard
- Water
- Public
- Sewer
- Public Sewer
- Cooling
- Central Air, Ceiling Fan(s)
- Interior Features
- Breakfast Bar, Built-in Features, Bathtub, Cathedral Ceiling(s), Dual Sinks, Entrance Foyer, High Ceilings, Living/Dining Room, Multiple Primary Suites, Multiple En Suite Bathrooms, Pantry, Split Bedrooms, Soaking Tub, Separate Shower
- HOA Fee
- $2,295
- HOA Fee Freq
- Monthly
- Waterfront
- None
- Unit Floor
- 5
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Listing courtesy of Douglas Elliman. Contact: