About This Home

This 3-bedroom, 4-bathroom condo at 701 S Olive Avenue #505 & 506 in West Palm Beach, FL is listed for $3,290,000 ($1,505 per sqft). Built in 2008, the home offers 2,186 sqft of living space on a N/A lot.

Key Features

  • Built in 2008
  • 2 parking spaces

Property Details

1 story
3 full, 1 half
2-car garage
#505 & 506
2008

Amenities

ViewA/C
Listing 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, roofto

p 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.

Monthly Cost Estimate

$19,891/mo

20% down · 6.5% · 30 years

Principal$2,379
Interest$14,257
Insurance$960
HOA$2,295

Estimates only. Actual payments may vary.

Location

701 S Olive Avenue #505 & 506

West Palm Beach, FL 33401

TWO CITY PLAZA CONDO

Features & Amenities

Interior Features

Bedroom Layout - SplitBuilt-in FeaturesCathedral Ceiling(s)Entrance FoyerHigh CeilingsPantry

Exterior Features

CourtyardBarbecueBuilt-in BarbecueCustom LightingGardenLightingOutdoor Kitchen

Property Details

Flooring

CarpetTileEngineered

Construction

CBS

Views

City

Outdoor Features

Patio

Parking

GarageGarage - AttachedGuestAssignedValet

Heating

Central

Cooling

Central AirCeiling Fan(s)

Appliances

Electric Water HeaterRangeFreezerDishwasherDisposalDryerElectric RangeIce MakerMicrowaveRefrigeratorWasherWater Heater

Questions & Answers

This 3-bedroom, 4-bathroom condo at 701 S Olive Avenue is listed at $3,290,000 ($1,505/sqft). The estimated monthly payment is $19,891 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $2295/month.

Key features include: Built in 2008, 2 parking spaces. Interior Features: Bedroom Layout - Split, Built-in Features, Cathedral Ceiling(s). Exterior Features: Courtyard, Barbecue, Built-in Barbecue.

This property is listed by Christopher Cronican.

CC

Christopher Cronican

License 3391612

Agent at Douglas Elliman

Listed by Douglas Elliman · Broker phone: (561) 249-4808 · View on Broker Site · Broker website

MLS# B26064410· Source: BeachesMLS· 78 days on PropertySimple

Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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

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