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

Active For Sale
$3,290,000
  • Beds 3
  • Baths 4
  • Sq Ft 2,186 Sqft
  • Visits: 5 in 10 days

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.

Features

  • Swimming Pool: Heated, Association, Community, None
  • Heating System: Central
  • Cooling System: Central Air, Ceiling Fan(s)
  • Patio: Patio
  • Parking: Garage, Assigned, Attached, Two or More Spaces, Guest, Valet

Appliances

  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer, Electric Water Heater, Disposal, Ice Maker

Address Map

  • Country: US
  • State: FL
  • County: Palm Beach
  • City: West Palm Beach
  • Subdivision: TWO CITY PLAZA CONDO
  • Zipcode: 33401
  • Street: Olive
  • Street Number: 701
  • Street Suffix: Avenue
  • Floor Number: 0
  • Longitude: W81° 56' 48.1''
  • Latitude: N26° 42' 55.3''
  • UnitNumber: 505 & 506
  • Directions: Okeechobee Blvd East to Left on South Olive Ave headed in the north direction. Building is on the left just passed Lakeview Ave. Complimentary Valet.
  • Street Dir Prefix: S
  • MLS Area: 5420

MLS Addon

  • Architectural Style: One Story
  • Association Amenities: Clubhouse, Elevator(s), Fitness Center, Pool, Sauna, Barbecue, Picnic Area, Spa/Hot Tub, Storage, Trash, Controlled Access, Management, Guard, Trail(s), Bike Storage, Security
  • Association Fee: $2,295
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Common Area Maintenance, Internet, Pool(s), Sewer, Security, Trash, Water, Association Management, Insurance, Pest Control, Reserve Fund, Cable TV
  • Close Price: $0
  • Elementary School: Roosevelt
  • Exterior Features: Barbecue, Lighting, Courtyard, Patio, Outdoor Grill, Other
  • Flooring: Tile, Wood, Carpet, Hardwood
  • Garage Spaces: 2
  • High School: Forest Hill Community
  • Insurance Expense: $0
  • Interior Features: Dual Sinks, Living/Dining Room, Entrance Foyer, Main Living Area Entry Level, Built-in Features, High Ceilings, Pantry, Split Bedrooms, Breakfast Bar, Bathtub, Shower Only
  • Levels: One
  • Lot Features: Buyer Approval Required
  • Middle Or Junior School: Conniston
  • New Taxes Expense: $0
  • Spa Features: Community
  • Stories: 1
  • Stories Total: 21
  • Tax Annual Amount: $12,407
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Window Features: Blinds, Impact Glass, Sliding

Location

Listing Updated: 2026-08-20 03:50:18

  • Parent : 701:S:Olive:33401:West Palm Beach
  • Property Type : Condominium
  • Property Sub Type : Condominium
  • Listing Type : For Sale
  • Listing ID : B26064410
  • Price : $3,290,000
  • View : Garden
  • Bedrooms : 3
  • Bathrooms : 4
  • Full Bathrooms : 3
  • Half Bathrooms : 1
  • Square Footage : 2,186 Sqft
  • Year Built : 2008
  • Lot Area : 0 Acre
  • Listing Status : Active
  • Days On Market : 9
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