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

Description of 701 S Olive Avenue # 506, West Palm Beach FL 33401

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.

Property Details for 701 S Olive Avenue # 506, West Palm Beach FL 33401

Bathrooms Full

3

Bathrooms Half

1

Interior Features

Built-in Features, Fire Sprinklers, Entrance Foyer, Pantry, Split Bedroom, Volume Ceilings, Utility Room/Laundry

Appliances

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

Flooring

Carpet, Tile, Wood

Heating

Central Individual A/C

Cooling

Ceiling Fan(s), Central Individual A/C

Furnished

Partially

Architectural Style

One Story

Garage Spaces

2

Attached Garage

Yes

Parking Features

2 Or More Spaces, Assigned, Guest, Parking Garage, Valet

Pool Features

Community

Pool Private

Yes

Year Built Details

Resale

Direction Faces

East

Building Information for 701 S Olive Avenue # 506, West Palm Beach FL 33401

Building Area Total

2186

Building Area Units

Square Feet

Stories

21

Stories Total

21

Entry Level

5

Association

Yes

Association Fee

$2,295

Association Fee Frequency

Monthly

Association Amenities

Bike/Jog Path, Bike Storage, Barbecue, Gated, Community Room, Community Pool, Elevator(s), Exercise Room, Storage, Guard At Gate, Heated Pool, Management On Site, Pool, Private Pool, Sauna, Security Patrol, Spa/Hot Tub, Trash Chute

Pets Allowed

Yes

Security Features

Smoke Alarm, Smoke Detector(s), Fire Sprinkler System, Fire Sprinklers, Fire Alarm, Security System, Smoke Detector, Key Card Entry, Building Security, Doorman, Card Entry, Secured Garage/Parking, Gated with Guard, Lobby Secured, Lobby Attended, Key/Card Entry Parking, TV Camera, TV Monitor

Property Information for 701 S Olive Avenue # 506, West Palm Beach FL 33401

Lot Features

East Of US 1, Sidewalk

Lot Size Square Feet

0

Waterfront

No

View

Garden

Construction Materials

CBS Construction

Roof

Tile, Tile Roof

Exterior Features

East Of Us1, Barbeque, Built-In Grill, Courtyard, Exterior Lights, Other

Sewer

At Site, Public Sewer, Other, Public Sanitation, Sewer

Water Source

Public

New Construction

No

Public Records for 701 S Olive Avenue # 506, West Palm Beach FL 33401

Parcel Number

74434322410000505

Tax Annual Amount

$12,407

Tax Year

2,025

Tax Legal Description

TWO CITY PLAZA CONDO UNIT 505

Zoning

QGD-25 (city)

County Or Parish

Palm Beach County

Schools Near 701 S Olive Avenue # 506, West Palm Beach FL 33401

Elementary School

Roosevelt

Middle School

Conniston

High School

Forest Hill Community

School assignments are provided by the listing and should be independently verified.

Location