801 S Olive Avenue

West Palm Beach, FL 33401

$665,900

$497/ft²

1Beds

1.5Baths

1,341Sq ft

2006Year built

CondoType

About this home

Welcome to Residence 228, a unique gem in the prestigious One City Plaza, 1 of only 4 exact floorplans in the entire building. This spacious, 1 BR- 1 FB + HB, furnished / unfurnished 2-story loft radiates vacation vibes from the moment you walk in. With over $100K in upgrades, including beautiful porcelain tile on the first level, updated kitchen cabinets, a granite-topped island with storage and a wine cooler, neutral furniture, and fun wall artwork, you'll be surrounded by tropical energy. AC Installed Dec 2025. The loft boasts 26' ceiling heights and two separate sliding glass door areas. Credit being offered to paint colored painted walls white if desired. The living room opens up to a private balcony, perfect for soaking in the downtown pulse, while the dining room also features sliding glass doors, creating a bright and airy ambiance. The spiral staircase and railing have been painted white, leading to the extra-large master bedroom with new carpeting and a grand master bath, complete with upgraded glass shower door, fixtures, marble floors, and bath. The super big and convenient closet enhances the luxurious feel. Superior amenities include a rooftop pool with panoramic views of the Intracoastal, Atlantic Ocean, and the beautiful surroundings, BBQ, sauna, steam room, fitness center, clubroom, and a pet-friendly environment. Located just a few city blocks from City Place, Clematis St, 1 mile from the beach, and 3.5 miles from PBIA, you'll have access to shopping, dining, the Norton Museum, and more. All furniture, wall art, window verticals, and fixtures convey, except for personal belongings and the living room table top turtle. Additionally, the pool deck and washrooms are scheduled for an upgrade this summer 2025. Included with the residence are two premium parking spaces, #81 and #133 (1 space includes a 110W electrical dedicated outlet), and one storage cage: M B - 3 #15. You will truly love it here!

Features

Private pool

Property details

Listing

MLS #: R11119999
Status: For sale
Listed on: Aug 31, 2025
Days on market: 344 days
Listing data updated: Aug 5, 2026

Interior

Beds: 1
Baths: 1.5
Living area: 1,341 ft²
Price per ft²: $497/ft²
Unit: 228

Building & community

Type: Condo
Year built: 2006
HOA fee: $1,429/mo
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.

True monthly cost

Mortgage (principal & interest): $3,367
Property taxes (est.): $610
Home insurance (est.): $433
Flood insurance (est.): —
HOA fee: $1,429

Estimated total$5,839*/mo

* Some cost lines aren't available yet for this listing; the total shown is incomplete.

Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.

Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.

What will this home really cost you?

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?