Two City Plaza

701 S Olive Avenue, Unit 505 & 506West Palm Beach, FL 33401MLS Number B26064410

  • Price: $3,290,000
  • Est. Mortgage of $/month
  • 1 Day on Market
$
$
%
$/month over payments
Federal 30-year interest rate: 6.67% last updated on Aug 13, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
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701 S Olive Avenue West Palm Beach FL 33401701 S Olive Avenue West Palm Beach FL 33401701 S Olive Avenue West Palm Beach FL 33401701 S Olive Avenue West Palm Beach FL 33401701 S Olive Avenue West Palm Beach FL 33401701 S Olive Avenue West Palm Beach FL 33401701 S Olive Avenue West Palm Beach FL 33401701 S Olive Avenue West Palm Beach FL 33401701 S Olive Avenue West Palm Beach FL 33401701 S Olive Avenue West Palm Beach FL 33401701 S Olive Avenue West Palm Beach FL 33401701 S Olive Avenue West Palm Beach FL 33401701 S Olive Avenue West Palm Beach FL 33401701 S Olive Avenue West Palm Beach FL 33401701 S Olive Avenue West Palm Beach FL 33401701 S Olive Avenue West Palm Beach FL 33401701 S Olive Avenue West Palm Beach FL 33401701 S Olive Avenue West Palm Beach FL 33401701 S Olive Avenue West Palm Beach FL 33401701 S Olive Avenue West Palm Beach FL 33401701 S Olive Avenue West Palm Beach FL 33401701 S Olive Avenue West Palm Beach FL 33401701 S Olive Avenue West Palm Beach FL 33401701 S Olive Avenue West Palm Beach FL 33401701 S Olive Avenue West Palm Beach FL 33401701 S Olive Avenue West Palm Beach FL 33401701 S Olive Avenue West Palm Beach FL 33401701 S Olive Avenue West Palm Beach FL 33401701 S Olive Avenue West Palm Beach FL 33401701 S Olive Avenue West Palm Beach FL 33401701 S Olive Avenue West Palm Beach FL 33401701 S Olive Avenue West Palm Beach FL 33401701 S Olive Avenue West Palm Beach FL 33401701 S Olive Avenue West Palm Beach FL 33401701 S Olive Avenue West Palm Beach FL 33401701 S Olive Avenue West Palm Beach FL 33401701 S Olive Avenue West Palm Beach FL 33401701 S Olive Avenue West Palm Beach FL 33401701 S Olive Avenue West Palm Beach FL 33401701 S Olive Avenue West Palm Beach FL 33401701 S Olive Avenue West Palm Beach FL 33401701 S Olive Avenue West Palm Beach FL 33401701 S Olive Avenue West Palm Beach FL 33401701 S Olive Avenue West Palm Beach FL 33401701 S Olive Avenue West Palm Beach FL 33401701 S Olive Avenue West Palm Beach FL 33401701 S Olive Avenue West Palm Beach FL 33401701 S Olive Avenue West Palm Beach FL 33401701 S Olive Avenue West Palm Beach FL 33401701 S Olive Avenue West Palm Beach FL 33401701 S Olive Avenue West Palm Beach FL 33401701 S Olive Avenue West Palm Beach FL 33401701 S Olive Avenue West Palm Beach FL 33401701 S Olive Avenue West Palm Beach FL 33401701 S Olive Avenue West Palm Beach FL 33401701 S Olive Avenue West Palm Beach FL 33401701 S Olive Avenue West Palm Beach FL 33401701 S Olive Avenue West Palm Beach FL 33401701 S Olive Avenue West Palm Beach FL 33401701 S Olive Avenue West Palm Beach FL 33401701 S Olive Avenue West Palm Beach FL 33401701 S Olive Avenue West Palm Beach FL 33401701 S Olive Avenue West Palm Beach FL 33401701 S Olive Avenue West Palm Beach FL 33401701 S Olive Avenue West Palm Beach FL 33401701 S Olive Avenue West Palm Beach FL 33401701 S Olive Avenue West Palm Beach FL 33401701 S Olive Avenue West Palm Beach FL 33401701 S Olive Avenue West Palm Beach FL 33401701 S Olive Avenue West Palm Beach FL 33401701 S Olive Avenue West Palm Beach FL 33401701 S Olive Avenue West Palm Beach FL 33401701 S Olive Avenue West Palm Beach FL 33401701 S Olive Avenue West Palm Beach FL 33401
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  • 3Bedrooms
  • 4Bathrooms
  • 2008Year Built
  • 2,186Square Feet
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.
Listing by Douglas Elliman

Driving Directions

Ocean Estate Properties
Ocean Estate Properties
Office: 561-504-9226
500 NE Spanish River Boulevard
Suite 104
Boca Raton, FL 33431

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More Info

Basic Information

  • Unit Number505 & 506

Parking

  • Parking Features Assigned, Attached, Garage, Guest, Valet
  • Parking Total 2

Location

  • Address701 S Olive Avenue
  • Area5420
  • Building Number701
  • CountyPalm Beach
  • StateFL
  • StreetS Olive Avenue
  • SubdivisionTwo City Plaza Condo
  • TownWest Palm Beach
  • Zip33401

Interior

  • Flooring Carpet, Engineered Hardwood, Tile
  • Furnished Partially

Utilities

  • Heat SystemCentral, Individual
  • Heating YN Yes
  • Utilities Cable Available, Electricity Available, Sewer Available, Water Available
  • Waste Water DisposalPublic Sewer

Water Body

  • Water AccessPublic

Other

  • Association Fee Frequency Monthly
  • Association YN Yes
  • Date Listed08/14/2026
  • Fees$2,295
  • Possession Close Of Escrow, Subject To Tenant Rights
  • Special Listing Conditions Standard, Listed As-Is

Tax Information

  • Tax Year 2025
  • Taxes$12,407

Rooms

  • Bathroom4
  • Bedrooms3
  • Full Bath3
  • Half Baths1
  • Laundry Features Inside, Laundry Closet, Washer Dryer Install Allowed
  • Main Level Bathrooms 4
  • Main Level Bedrooms 3

Building

  • Attached Garage YN Yes
  • Building ConstructionBlock
  • Entry Level 5
  • GarageYes
  • Garage Spaces2
  • Rooms8
  • Stories1
  • Structure Type Multi Family
  • Window Features Blinds, Sliding, Storm Window(s)
  • Year Built2008

Amenities

  • Amenities
    • Bike Storage
    • Clubhouse
    • Dog Park
    • Elevator(s)
    • Fitness Center
    • Management
    • Picnic Area
    • Pool
    • Sauna
    • Security
    • Sidewalks
    • Spa/Hot Tub
    • Storage
    • Trail(s)
    • Trash
  • Appliances IncludedDryer, Dishwasher, Electric Range, Electric Water Heater, Freezer, Disposal, Ice Maker, Microwave, Range, Refrigerator, Water Heater, Washer
  • Association Fee Includes
    • Cable TV
    • Common Areas
    • Insurance
    • Internet
    • Maintenance Grounds
    • Pest Control
    • Pool(s)
    • Reserve Fund
    • Security
    • Sewer
    • Trash
    • Water
  • Community Features Property Manager On-Site, Street Lights, Sidewalks
  • Cooling Central Air, Ceiling Fan(s)
  • Cooling YN Yes
  • Other AmenitiesGarden, Pool, Tennis
  • PetsBreed Restrictions, Number Limit, Pet Restrictions, Yes
  • Pool Features Association, Heated
  • Security Features Security System, Building Security, Closed Circuit Camera(s), Fire Alarm, Fire Sprinkler System, Gated with Guard, Secured Garage/Parking, Key Card Entry, Lobby Secured, Smoke Detector(s)

School Information

  • Elementary SchoolRoosevelt
  • High SchoolForest Hill
  • Junior HighConniston Community

Basic Information

  • List Price$3,290,000
  • MLS NumberB26064410
  • Modification Date08/14/2026
  • Property SubTypeCondominium
  • Property TypeResidential
  • StatusACT
  • Virtual TourView Tour

Property

  • Property NameTwo City Plaza

Exterior

  • Exterior Features
    • Barbecue
    • Built-in Barbecue
    • Courtyard
    • Garden
    • Lighting
    • Other
    • Outdoor Kitchen
    • Outdoor Living Area
    • Uncovered Courtyard
  • Fencing Gate
  • RoofTile

Property Information

  • Occupant Type Tenant
  • Patio And Porch Features Patio, Terrace
  • Property Condition Resale
  • Property Sub Type Additional Condominium
  • Property View DescriptionCity, Garden
  • Square Feet2,186
  • View YN Yes

Based on information submitted to BeachesMLS as of August 15, 2026 7:43 AM UTC . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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