701 S Olive Avenue 505 & 506, West Palm Beach, FL 33401

Listing Snapshot

About This Home

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.

General Features

Property Type

Residential

Sub-type

Condominium

Stories

21

Direction Faces

East

Attached Garage

Yes

Garage Spaces

2

Parking Spaces

2

Parking

Assigned,Attached,Garage,Guest,Valet

Zoning

QGD-25 (city)

Security

SecuritySystem,BuildingSecurity,ClosedCircuitCameras,FireAlarm,FireSprinklerSystem,GatedWithGuard,SecuredGarageParking,KeyCardEntry,LobbySecured,SmokeDetectors

Utilities

CableAvailable,ElectricityAvailable,SewerAvailable,WaterAvailable

Subdivision

TWO CITY PLAZA CONDO

Interior Features

Appliances

Dryer,Dishwasher,ElectricRange,ElectricWaterHeater,Freezer,Disposal,IceMaker,Microwave,Range,Refrigerator,WaterHeater,Washer

Flooring

Carpet,EngineeredHardwood,Tile

Heating

Central,Individual

Cooling

CentralAir,CeilingFans

Interior Features

BreakfastBar,BuiltInFeatures,Bathtub,CathedralCeilings,DualSinks,EntranceFoyer,HighCeilings,LivingDiningRoom,MultiplePrimarySuites,MultipleEnSuiteBathrooms,Pantry,SplitBedrooms,SoakingTub,SeparateShower

Laundry

Inside,LaundryCloset,WasherDryerInstallAllowed

Window Features

Blinds,Sliding,StormWindows

Furnished

Partially

Exterior Features

Construction

Block

Exterior Features

BuiltInBarbecue,Barbecue,Courtyard,Garden,Lighting,OutdoorKitchen,OutdoorLivingArea,Other,UncoveredCourtyard

Roof

Tile

Patio / Porch

Patio,Terrace

Fencing

Gate

Pool

No

Pool Features

Association,Heated

View

City,Garden

Waterfront

No

Waterfront Features

None

Community Features

Community Features

PropertyManagerOnSite,StreetLights,Sidewalks

Association Amenities

BikeStorage,Clubhouse,DogPark,FitnessCenter,Management,PicnicArea,Pool,Sauna,SpaHotTub,Security,Storage,Sidewalks,Trails,Trash,Elevators

Association Dues

$2,295 / monthly

MLS Area

5420

Schools

Map

Virtual Tour