701 S Olive Avenue 505 & 506

West Palm Beach, FL 33401
  • $3,290,000

    Price
  • 3

    Bed
  • 3.5

    Bath
  • 2,186

    SqFt

About the Listing 802465 - 276542845,276542600

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.

Listing Highlights

Status Active
Days on Site 36
Property Type Condo/Townhome
MLS ® B26064410
Year Built 2008
Total Square Footage 2,186
Lot/Acreage N/A
County Palm Beach
Building Name Two City Plaza
Area 5420
HOA Dues 2295/Monthly
Elementary School Roosevelt
Middle School Conniston Community
High School Forest Hill

Interior Details

  • Bedrooms: 3
  • Bathrooms: 3 Full / 1 Half
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Freezer, Disposal, Ice Maker, Microwave, Range, Refrigerator, Water Heater, Washer
  • Air Cond: Central Air,Ceiling Fan(s)
  • Heating: Central,Individual
  • Fireplaces:
  • Floor: Carpet,Engineered Hardwood,Tile
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other: Partially,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,Pets Allowed
  • Water: Public

Exterior Details

  • Garage Capacity: 2 car
  • Parking Spaces: 2
  • Zoning: QGD-25 (city)
  • Roof: Tile
  • Others: Built-in Barbecue,Barbecue,Courtyard,Garden,Lighting,Outdoor Kitchen,Outdoor Living Area,Uncovered Courtyard
  • Sewer: Public Sewer
  • Parking Features: Assigned,Attached,Garage,Guest,Valet

Financial Details

  • Tax Amount: $12,407
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 74434322410000505
  • Tax Year: 2025

Payment Calculator

Monthly Payment

  • in Principal and Interest
  • in Taxes
Years
% Down Payment
% Mortgage Rate

Questions About..

701 S Olive Avenue 505 & 506 West Palm Beach, FL 33401

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Never Miss A New Property

Get notified any time there's a new home on the market in this neighborhood!

Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.

Originating MLS: BEACH

Agent profile image in chat bubble
Agent profile image in chat header

Nicole Gary

CEO - The Nicole Gary Team | The Nicole Gary Team

Agent profile image in message

or another way