801 S Olive Avenue, #416, West Palm Beach, FL, 33401 | $1,475,000

One of a kind spacious 2 story condo with 25 foot ceilings, Entire unit completely freshly painted, All new stainless steel LG appliances July '23, new water heater '23, march '23 new a/c, all marble floors and bathroom shower and countertops just re-polished, 2 inch blinds throughout unit. Amazing architectural design, balcony off dining room w/SE city and partial intracoastal views. Located in the luxurious One City Plaza in downtown WPB! Open Floor plan, complimentary valet parking for guests. 2 parking spaces in covered parking garage w/no elevator access needed. Close to City Place, dining, PBI Airport and more! This luxury building has a 17th fl roof top inground pool with views of the intracoastal and Palm Beach Island, on site manager, fitness center, sauna, steam room, 7th floo R courtyard w/waterfall, trash chute, renovated community room, bike storage and a stunning lobby! Parking for electric cars also available. Located along Florida's Atlantic Ocean coast, West Palm Beach offers visitors year-round excitement within easy reach of smooth-sand beaches and some of the nation's most enticing waterways. Downtown West Palm Beach is home to four retail and entertainment districts Clematis Street, The Square, Northwood Village and Antique Row. These vibrant pieces of West Palm Beach are lined with fashionable bars, nightclubs, boutiques and collectables. The handicap-accessible Downtown Trolley makes getting around the Clematis and Rosemary Square Districts a breeze. It is a convenient way to visit all your favorite Downtown shops, restaurants, and attractions. The Trolley picks up passengers every 10-15 minutes at designated trolley stops located throughout the Downtown. ** Pics show original photos and potential renovation renderings. ** Photo with elevator is just an example if you were to install one in place of the stairs, another unit in building has done this.

Features

  • Parking: Covered, Garage
  • Heating: Central
  • Cooling: Central Air
  • Levels: 2
  • Amenities: Elevator(s), Fitness Center, Management, Picnic Area, Pool, Sauna, Manager On Site, Trash Chute, Bike Storage, Community Room, Sidewalks, Street Lights
  • Rooms: 11
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Laundry Closet, Inside
  • Complex: ONE CITY PLAZA CONDO
  • Development: One City Plaza
  • Year Built: 2006
  • Common Charge: $2,111 Monthly
  • Approx Sq. Feet: 1,982
  • Est. Taxes: $8,237
  • Lot Desc: Sidewalks
  • View: City, Intracoastal
  • Pet Policy: Yes, Breed Restrictions, Number Limit, Pet Restrictions Possible
  • Appliances: Dryer, Disposal, Dishwasher, Electric Range, Ice Maker, Microwave, Refrigerator, Washer
  • MLS#: R11131307
  • Website: https://www.raveis.com
    /prop/R11131307/801soliveavenue_westpalmbeach_fl?source=qrflyer
All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed.

William Raveis Family of Services

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The Craven & Weiss GroupSales Associate

561.262.2696

CWG@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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801 S Olive Avenue, #416, West Palm Beach, FL, 33401

$1,475,000

The Craven & Weiss Group

Sales Associate

William Raveis Real Estate

Phone: 561.262.2696

CWG@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,180,000 $1,180,000 $1,180,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.000% 6.125% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.350% 6.259% 6.183%
Monthly Tax Payment $686 $686 $686
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $7,075 $7,170 $9,958
Total Monthly Payment $7,886 $7,981 $10,769

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.