701 S Olive Avenue

West Palm Beach, FL 33401

$4,950/mo

1Beds

1.5Baths

879Sq ft

2008Year built

CondoType

About this home

This fully furnished, meticulously curated 1-bedroom, 1.5-bath residence at the iconic Two City Plaza offers an exceptional turnkey living experience in the heart of Downtown West Palm Beach. Experience upscale urban living with sophisticated contemporary décor, modern designer finishes, and abundant natural light from its desirable south-facing exposure. This fully furnished freshly painted home offers: upscale Natuzzi Italian furnishings, a 65" Smart TV in the main living area, and a lavish king-sized primary suite complete with Egyptian cotton 1,000-thread-count linens, Ralph Lauren designer towels, ample storage, and an additional 55" Smart TV. An integrated smart home system enhances convenience, while the beautifully equipped kitchen includes premium essentials such as elegant Riedel crystal glassware. The well-designed floor plan offers expansive living spaces, a generous walk-in closet, new washer and dryer, secure garage parking, and a private climate-controlled storage cage. Residents enjoy an unmatched suite of amenities in this full-service building: 24-hour security, concierge, rooftop pool, hot tub, sauna, steam room, a fully renovated state-of-the-art fitness center, outdoor kitchen with BBQ area and all-new Restoration Hardware furnishings, outdoor and new indoor movie theaters, renovated club room, table tennis, lanai courtyard with water feature, renovated rooftop dog park, complimentary valet parking, and exceptional staff. Centrally located in Downtown West Palm Beach—across from One Flagler offices, just 7 minutes to PBIA, close to award-winning restaurants and shopping, and within walking distance to Worth Ave and Palm Beach.

Features

Private pool

Property details

Listing

MLS #: B26002757
Status: For sale
Listed on: Mar 16, 2026
Days on market: 150 days
Listing data updated: May 18, 2026

Interior

Beds: 1
Baths: 1.5
Living area: 879 ft²
Unit: 1209

Building & community

Type: Condo
Year built: 2008
County: Palm Beach

Lot & exterior

Private pool: Yes

Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.

Building structural health (SIRS)

No filing record found

We couldn't find a SIRS filing record for this building in Florida's public DBPR database. That is not a red flag by itself: buildings under three stories are exempt, recent or mailed-in filings may not appear yet, and the name or address on file may differ from this listing.

Questions about this

What is a SIRS and why does it matter?

Since the Surfside collapse, Florida requires condo and co-op buildings three stories or taller to complete a Structural Integrity Reserve Study: an inspection-based plan that forces the association to fund structural repairs (roof, load-bearing walls, plumbing, electrical) instead of deferring them. It matters because underfunded buildings are the ones that surprise owners with large special assessments.

Has this building filed its SIRS?

We didn't find a filing record for this building in the DBPR's public database. Absence of a record does not mean the building is out of compliance — it may be exempt (under three stories), the filing may be recent or on paper, or the recorded name/address may differ. It IS the right question to ask before offering.

What is a special assessment?

A one-off charge the association levies on every owner when reserves don't cover a needed repair — in older coastal buildings they have ranged from a few thousand to over $100,000 per unit. The SIRS exists precisely to make these predictable and funded in advance. Always review the building's budget, reserves and meeting minutes before buying.

What should I check before buying in this building?

Florida law gives buyers the right to review the association's SIRS, milestone inspection reports, budget and reserves — the full study is available from the association by written request. Nilyan requests and walks through these documents with her buyers as part of the offer process.

Source: Florida DBPR public SIRS reporting database. Filing status is self-reported by the association; this is not an audit, inspection or safety certification, and absence of a record does not mean non-compliance. Data as of July 30, 2026.

Want the full structural picture of this building before you offer?