701 S Olive Avenue # 2117, West Palm Beach FL 33401, WEST PALM BEACH, FL, 33401
Active121 days on marketListed Apr 20, 2026MLS #B26018111
About this home
701 S Olive Avenue # 2117, West Palm Beach FL 33401
PENTHOUSE FURNISHED RENTAL ANNUAL Perched on the top floor of one of Downtown West Palm Beach's most sought-after luxury buildings, this stunning 2 bed 2 bath penthouse at Two City Plaza offers an elevated living experience with breathtaking panoramic city skyline and sunset views. Soaring ceiling heights and an open, light-filled layout create a sophisticated yet inviting atmosphere, perfectly designed for both relaxing and entertaining. This beautiful furnished residence allowing you to step right into a refined, effortless lifestyle in the heart of the city. Wake up above it all and unwind each evening with dramatic skies over the skylineTwo City Plaza delivers a resort-style lifestyle with premier amenities. Residents enjoy a spectacular rooftop pool and spa, sauna and steam room, a st a state-of-the-art fitness center, indoor and outdoor movie theaters, club room, Zen courtyard, dog walk area, and more—designed to rival luxury resort living. Ideally located in the center of Downtown West Palm Beach, just moments from CityPlace, Clematis Street, the waterfront, fine dining, shopping, cultural venues, and the Brightline. Only minutes to Palm Beach Island and Palm Beach International Airport. All information deemed reliable but not guaranteed.
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
1,373
Sqft
0 ac
Lot size
1
Garage
2008
Year built
1
Levels
$7
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Principal and interest plus estimated taxes and insurance. Run your own numbers below.
$231 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$231/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Estimates only — taxes at 1.1%/yr and typical insurance; your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs West Palm Beach actives
$7 vs $253
Days on market
121 vs 62 typical
Where $7/sqft sits among the 399 West Palm Beach actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Downtown West Palm Beach
Get to know West Palm Beach. See the full West Palm Beach guide →
Downtown West Palm Beach — neighborhood snapshot
Population
5,332
Median age
55
Median income
$89,211
Median home value
$792,379
Avg household
2
Households w/ children
254
For the school run
Palm Beach County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The West Palm Beach market
$397K → $410K
West Palm Beach median sold, yr/yr
96.4%
Sale-to-list ratio (12 mo)
43 of 399
West Palm Beach actives have cut their price
Median sold price, West Palm Beach, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 93% below the WEST PALM BEACH 33401 median. See the full West Palm Beach market guide →
Paper trail
This home's history
Reality check
What actually sold near 701 S Olive Avenue # 2117
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jun ’26$850,000
701 S Olive Avenue # 1202, West Palm Beach FL 33401 · same community
2 bd · 2 ba · 1,324 sqft · $642/sqft · 57 DOM
Sold · May ’26$1,200,000
701 S Olive Avenue # 503, West Palm Beach FL 33401 · same community
2 bd · 2 ba · 1,324 sqft · $906/sqft · 135 DOM
Sold · Jan ’26$1,499,500
701 S Olive Avenue # 511, West Palm Beach FL 33401 · same community
2 bd · 2 ba · 1,461 sqft · $1,026/sqft · 10 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 701 S Olive Avenue # 2117 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 701 S Olive Avenue # 2117 — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
701 S Olive Avenue # 2117 FAQs
What would the monthly payment be for 701 S Olive Avenue # 2117, West Palm Beach FL 33401?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $231/mo — principal and interest, estimated property taxes and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
Are pets allowed at 701 S Olive Avenue # 2117, West Palm Beach FL 33401?+
The listing reports pets: No, Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in West Palm Beach?+
At $9,750, this home is listed about 97% below the West Palm Beach median of $315,000. The market section on this page shows how the area is trending.
Which schools are assigned to 701 S Olive Avenue # 2117, West Palm Beach FL 33401?+
Roosevelt Elementary School (elementary), Conniston Middle School (middle), Forest Hill Community High School (high), Glades Construction Academy At West Technical (high) — Palm Beach County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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