701 S Olive Avenue #505 & 506, West Palm Beach, FL 33401
Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
Listed by: christopher cronican, lori cronican
Office: douglas elliman
MLS#:B26064410
Source:RMLS
Price summary
- Price:$3,290,000
- Price per sq. ft.:$1,505.03
- Monthly HOA dues:$2,295
About this home
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 3,686sqft 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....
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Home facts
- Year built:2008
- Subdivision & Development:TWO CITY PLAZA CONDO
- Listing ID #:B26064410
- Added:1 day(s) ago
- Updated:August 15, 2026 at 12:46 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:4
- Full bathrooms:3
- Half bathrooms:1
- Flooring:Carpet, Tile
- Kitchen Description:Dishwasher, Disposal, Freezer, Microwave, Refrigerator
- Living area:2,186 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Tile
- Year built:2008
- Building area:2,186 sq. ft.
- Construction Materials:Block
- Exterior Features:Barbecue, Courtyard, Lighting, Patio
- Levels:1 Story
Schools
- High school:Forest Hill
- Middle school:Conniston Community
- Elementary school:Roosevelt
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer, Sewer Available
Finances and disclosures
- Price:$3,290,000
- Price per sq. ft.:$1,505.03
- Tax amount:$12,407 (2025)
Features and amenities
- Appliances:Dishwasher, Disposal, Dryer, Freezer, Microwave, Refrigerator, Washer
- Laundry features:Dryer, Washer
- Pool features:Association, Heated, Pool, Spa Hot Tub
Parking
- Total parking spaces:2
- Parking description:Assigned, Garage, Guest, Valet
- Garage:Yes
- Garage spaces:2
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