$2,800,000
701 S Olive Avenue 117
West Palm Beach, FL 33401
Explore the area: West Palm Beach homes for sale · Palm Beach County real estate
Price Check
How this price compares
- List price
- $2,800,000
- Price per sq ft
- N/A
- Original price
- Unchanged
- Days on market
- 112
This commercial property in ZIP 33401 is listed at $2,800,000. It has been on the market for 112 days.
Estimated monthly payment
$14,715 /mo
Principal and interest only, based on $560,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $2,800,000
- Days on Site
- 112 Days
- Bedrooms
- 0
- Total Baths
- 2
- Year Built
- 2008
- Property Type
- Commercial
- MLS #
- R11167014
- Property Tax
- $17,645 (2025)
- County
- Palm Beach
- Status
- Active
About This Property
RARE INVESTMENT OPPORTUNITY in Downtown West Palm Beach. Outstanding Live/Work condominium in exciting Two City Plaza. this ground floor unit is in immaculate condition, with both private street and lobby entrances ideal for commercial and/or residential use. The first floor contains a downstairs entry foyer, large waiting room, large conference room, two offices, kitchen, laundry room and half-bath with handicapped access. The second floor loft contains a waiting room, large executive office with views of the downstairs waiting room and street, full bath and a walk-in closet. The unit has independent central heating and cooling and comes with a private underground parking space. Building: built 2008, superbly managed with exceptional staff, 24-hour security, 24-hour full service security ,concierge, pet friendly, free valet parking and metered street parking. Amenities include a spectacular rooftop pool area with summer kitchen, moonlight theatre and ocean views, a state-of-the-art fitness center, steam room, sauna, movie theatre, and club lounge.
Virtual TourGeneral Features
- Property Type
- Commercial
- Status
- Active
- Year Built
- 2008
- Levels
- Two
- Lot Size (Acres)
- 0
- Structure Type
- Office
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- QGD-25
Interior Features
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Ceramic Tile
Exterior Features
- Roof
- Other
Community & HOA
- Security
- Fire Alarm / Fire Sprinkler System
- Utilities
- Cable Available
- Financing Terms
- Cash / Conventional
- MLS Area
- 5410
About the Area
West Palm Beach homes for sale range from $200K downtown condos to $8,000,000 Intracoastal estates, more ground than most buyers expect. Clematis Street condos start in the low $200Ks. Northwood Village bungalows trade in the $400K to $600K range. El Cid and Flamingo Park have 1920s to 1940s Mediterranean Revival homes at $500K to $1,200,000. Newer 3-bedroom homes along Forest Hill and Southern Boulevards stay under $450K. South End waterfront estates run $3,000,000 to $8,000,000. The city covers 55 square miles as Palm Beach County's seat. Palm Beach International Airport is 3 miles out. Fort Lauderdale is under 40 minutes via I-95.
- Homes for Sale
- 2,372
- Median List Price
- $315,499
- Median $/Sq Ft
- $245
- Avg Days on Market
- 118
Frequently Asked Questions
- How do I schedule a tour of 701 S Olive Avenue 117, West Palm Beach, FL 33401?
- Use the Tour button on this listing to request a showing of 701 S Olive Avenue 117, West Palm Beach, FL 33401. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 701 S Olive Avenue 117, West Palm Beach, FL 33401 still available?
- 701 S Olive Avenue 117, West Palm Beach, FL 33401 is currently listed as Active, and has been on the market 112 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 701 S Olive Avenue 117, West Palm Beach, FL 33401?
- With 20% down ($560,000) on the $2,800,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 701 S Olive Avenue 117, West Palm Beach, FL 33401 is about $14,715/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 701 S Olive Avenue 117, West Palm Beach, FL 33401?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 701 S Olive Avenue 117, West Palm Beach, FL 33401. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Can I negotiate the price of 701 S Olive Avenue 117, West Palm Beach, FL 33401?
- Often, yes. The right offer on 701 S Olive Avenue 117, West Palm Beach, FL 33401 depends on how it's priced against comparable commercial sales in West Palm Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Illustrated Properties
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$2,800,000
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Listed by John Douglas Browne, Illustrated Properties
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Recent Sales
Recently sold homes in ZIP 33401
These are the last 6 recorded closings in ZIP 33401, with the price each home actually sold for rather than what it was listed at. They closed at a median of $563 per square foot. The most recent closed on October 5, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$630,000
Sold · October 5, 2026
550 Okeechobee Boulevard 506
2 bed · 2 bath · 1,120 sqft · $563/sqft
$20,000 under the asking price
Sold$1,500,000
Sold · October 2, 2026
255 Evernia Street 1004
3 bed · 2 bath · 1,533 sqft · $978/sqft
$95,000 under the asking price
Sold$150,000
Sold · October 2, 2026
1700 N Congress 302
1 bed · 1 bath · 775 sqft · $194/sqft
$9,500 under the asking price
Sold$105,000
Sold · October 1, 2026
2000 N Congress Avenue 206
1 bed · 1.5 bath · 720 sqft · $146/sqft
$20,000 under the asking price
Sold$985,000
Sold · October 1, 2026
1551 N Flagler Drive Lph 11
2 bed · 2 bath · 1,625 sqft · $606/sqft
$10,000 under the asking price
Sold$1,900,000
Sold · September 30, 2026
2801 Embassy Drive
4 bed · 3.5 bath · 4,661 sqft · $408/sqft
$390,000 under the asking price
See every recorded sale in ZIP 33401 or find out what your ZIP 33401 home is worth.
