701 S Olive Avenue 505 & 506 West Palm Beach FL 33401 | MLS #B26064410

701 S Olive Avenue 505 & 506
West Palm Beach, FL, 33401
$3,290,000
3 Beds
3.5 Baths
2,186 SqFt
0 Acres
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MLS #B26064410 image #0
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 Provided Courtesy of Douglas Elliman at 561-655-8600

Property Details

Price:
$3,290,000
MLS #:
B26064410
Status:
Active
Beds:
3
Baths:
3.5
Type:
Condo
Subtype:
Condominium
Subdivision:
TWO CITY PLAZA CONDO
Neighborhood:
5420
Listed Date:
Aug 14, 2026
Finished Sq Ft:
2,186
Total Sq Ft:
2,186
Year Built:
2008
Community GatedTwo City PlazaTwo City Plaza CondoRooseveltConniston CommunityForest HillPets Allowed

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Schools

Elementary School:
Roosevelt
Middle School:
Conniston Community
High School:
Forest Hill

Interior

Appliances
Electric Water Heater, Range, Freezer, Dishwasher, Disposal, Dryer, Electric Range, Ice Maker, Microwave, Refrigerator, Washer, Water Heater
Bathrooms
3 Full Bathrooms, 1 Half Bathroom
Cooling
Ceiling Fan(s), Central Individual
Flooring
Carpet, Engineered Wood, Tile
Heating
Central Individual
Interior Features
Bedroom Layout – Split, Built-in Features, Cathedral Ceiling(s), Entrance Foyer, High Ceilings, Pantry
Laundry Features
Inside, Laundry Closet
Levels
One
Main Level Bathrooms
4
Main Level Bedrooms
3

Exterior

Association Amenities
Security, Pool, Bike Storage, Community Room, Dog Park, Elevator(s), Fitness Center, Heated Pool, Internet Included, Jogging Path, Management, Manager On Site, Picnic Area, Sauna, Sidewalks, Spa/Hot Tub, Storage, Street Lights, Trash Chute
Attached Garage YN
1
Construction Materials
CBS
Covered Spaces
2
Direction Faces
East
Exterior Features
Courtyard, Barbecue, Built-in Barbecue, Custom Lighting, Garden, Lighting, Outdoor Kitchen, Other
Fencing
Gate
Garage Spaces
2
Lot Features
Sidewalks
Parking Features
Assigned, Attached Garage, Garage, Guest, Valet
Parking Spots
2
Parking Total
2
Patio And Porch Features
Patio – Open, Terrace, Patio
Roof
Tile
Security Features
Building Security, Closed Circuit Camera(s), Fire Alarm, Fire Sprinkler System, Gated with Guard, Key Card Entry, Lobby – Attended, Secured Garage/Parking, Security System, Smoke Detector(s)
Stories
1
View
City, Garden
Waterfront Features
None
Window Features
Blinds, Sliding, Storm Window(s)

Financial

HOA Fee
$2,295
HOA Fee Frequency
Monthly
HOA Includes
Pool Service, Cable TV, Common Areas, Elevator, Insurance, Internet, Maintenance Grounds, Pest Control, Reserve Funds, Security, Sewer, Trash, Water
HOA Name
Two City Plaza
HOA Phone
+5 612-021-9022
Tax Year
2025
Taxes
$12,407

Map

Community

Subdivisions in West Palm Beach

Market Summary

Current real estate data for Condo in West Palm Beach as of Aug 14, 2026
919
Condo Listed
139
Avg DOM
540
Avg $ / SqFt
$1,465,683
Avg List Price

Property Summary

    Located in the TWO CITY PLAZA CONDO subdivision, 701 S Olive Avenue 505 & 506 West Palm Beach FL is a Condo for sale in West Palm Beach, FL, 33401. It is listed for $3,290,000 and features 3 beds, 4 baths, and has approximately 2,186 square feet of living space, and was originally constructed in 2008. The current price per square foot is $1,505. The average price per square foot for Condo listings in West Palm Beach is $540. The average listing price for Condo in West Palm Beach is $1,465,683. To schedule a showing of MLS#b26064410 at 701 S Olive Avenue 505 & 506 in West Palm Beach, FL, contact your Acquire Palm Beach LLC agent at 561-279-3333.

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