Back 511/701 S Olive Ave
Off Market

511/701 S Olive Ave

West Palm Beach FL 33401

2
2
1
1461 sq. ft.
Condo
Last sold for $1,499,500
Christopher CronicanChristopher Cronican, last sold this property on 20 January 2026 after 49 days on market.

Overview

Experience breathtaking direct Intracoastal, ocean and Breakers hotel views from this exceptional 2-bedroom, 2-bath plus enclosed den residence at the coveted Two City Plaza in the heart of downtown West Palm Beach. This rare offering features soaring 14' ceilings and an ultra-convenient location on the amenities level for effortless living. Beautifully updated, the home showcases white shaker kitchen, upgraded lighting throughout, & hardwood flooring in both bedrooms. The primary suite includes 2 walk-in custom California Closets, a spa-inspired bath, and serene sunrise views. The versatile frosted glass door enclosed den functions perfectly as an office, guest room, or private media space. Additional upgrades include Hunter Douglas motorized shades, fresh designer paint, upgraded guest shower and thoughtful modern finishes throughout. Enjoy panoramic Eastern exposure from your living room. The perfect front-row seat for holiday fireworks and morning sunrises. This residence also includes a prime parking space and additional climate controlled storage space. A stunning move-in-ready home with unmatched ceiling height, dramatic views, and luxury upgrades; rarely available and not to be missed. Residents enjoy resort-style amenities in this full-service building. Including, 24-hour security, concierge, roof top pool with panoramic views, hot tub, sauna, steam room, fully renovated state of the art fitness center/gym, new outdoor kitchen w/ BBQ area and all new Restoration Hardware furniture, outdoor & new indoor movie theaters, firepit, fully renovated club room w/ bar and caterers kitchen, table tennis, lanai courtyard w/ water feature, renovated roof top dog park area, complimentary valet parking & exceptional staff. Centrally located in the heart of Downtown West Palm Beach, across from One Flagler offices, 7 minutes to PBIA airport, award winning restaurants, shopping, cultural attractions of the city, Worth Ave, and Palm Beaches. The Next Move Is Yours experience the best of West Palm Beach living at Two City Plaza.

Features

2 bedrooms
2 bathrooms
1 carspace
1 garage space
1461 sq. ft. floor area
Condo

Estimated Value

Based on this property and similar 2 bedroom condos sold in West Palm Beach over the last 12 months, the estimated median property value of 511/701 S Olive Ave is $544.17k.

Median value
$544.17k
Estimated value range
$2.4k - $5.35m
Median days on market
84
Estimated value trend
7%
increase over the last 12 months
Average days on market is based on recent, comparable sales in West Palm Beach. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 511/701 S Olive Ave

2026
Sold
$1,499,500
20 Jan 2026 by Christopher Cronican, of DOUGLAS ELLIMAN
2022
Sold
$1,375,000
22 Jun 2022 by Brent Enck, of Brent Enck, LLC
2020
Sold
$625,000
09 Jan 2020 by Elizabeth Sorrel, of Sotheby's International Realty

Happy sellers in West Palm Beach

79%
79% of sellers in West Palm Beach reported that their sale price either exceeded or met their price expectations.

West Palm Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 12 reviews in West Palm Beach over the last 12 months.

Local market activity for 2 bedroom condos in West Palm Beach

In the last 12 months, 207 two-bedroom condos similar to 511/701 S Olive Ave, have been sold.

This represents a 16% decrease in two-bedroom condos sales when compared to the previous 12 months.

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