Two City Plaza in West Palm Beach

Two City Plaza Homes for Sale in West Palm Beach, FL

West Palm Beach · Palm Beach County

A 21-story downtown West Palm Beach condominium, 467 residences with a rooftop pool, steps from City Place and the Intracoastal.

Downtown high-rise467 residencesRooftop pool
Live Market Pulse
44/100
Momentum
Buyer-Leaning Market (limited data)
Tight supply keeps sellers in control, but dated interiors still trade at a discount, so condition is where buyers win.
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Unlock Off-Market Two City Plaza

Listings before the portals, true comps, and the renovation and carrying-cost math, before you tour.

Built fromLive BeachesMLS data14 years of closingsLocal renovation analysisUpdated twice daily
LiveMarket PulseBeachesMLS
$1.02M
Median Price
12mo
Supply
130days
Avg DOM
Soft
Seller Leverage
$687/sf
Median $/Sqft
-6%
1-Yr Price Change
0now
Distress
Jon Brooks, founder of Momentum Realty
Jon's Current Read

"Two City Plaza is a 21-story for-sale condominium tower at 701 South Olive Avenue in downtown West Palm Beach, built in 2008 with 467 residences and developed by Kolter. The stock spans one-bedroom lofts to large multi-bedroom sky homes, so the read centers on the line and floor: the view, the exposure, the floor level, and the residence size set value far more than the building name. The durable draws are the walkable downtown location near City Place and the waterfront, the full-service amenities, and the views toward the city, the Intracoastal, and the ocean. Confirm the condominium dues, the reserves, the rental policy, and the status of any building assessments, because in a high-rise the association budget is central to the carrying cost and the resale."

Jon Brooks, founder, Momentum Realty · Updated June 2026

The 60-Second Overview

Two City Plaza market snapshot (as of June 15, 2026): the median sale price is about $1.0M ($687 per sq ft), with homes averaging 130 days on market and 12.0 months of supply, a buyer-leaning market (limited data). Based on 2 recent closings in live BeachesMLS data.

Two City Plaza is a 21-story condominium tower at 701 South Olive Avenue in downtown West Palm Beach (ZIP 33401), built in 2008 and reported to hold 467 residences, two blocks from the City Place district.

Residences are reported to range from one-bedroom lofts of about 786 square feet up to multi-bedroom sky homes past 3,700 square feet, with open floor plans, high ceilings, large balconies, and views toward the city, Palm Beach, the Intracoastal, and the ocean. Confirm the exact line, floor, exposure, and size for a specific residence.

As a full-service condominium, the building carries monthly association dues covering the amenities, the staff, and the building. Amenities are reported to include a rooftop pool, a fitness center, a social room, valet parking, and a guard-attended lobby. Confirm the current dues, the reserves, and any pending assessments for the specific residence.

Value here turns on the line and floor, the view and exposure, and the residence size and condition. The walkable downtown location near City Place, the waterfront, and the cultural venues is the durable draw; confirm the specifics for a particular residence.

Best for

  • Buyers who want a walkable, full-service downtown West Palm Beach condominium
  • Buyers who value city, Intracoastal, or ocean views from a high floor
  • Buyers who want a lock-and-leave residence near City Place and the waterfront
  • Buyers comfortable confirming the condominium dues, reserves, and rental policy

Probably not for

  • Buyers who want a single-family home or a private yard
  • Buyers who want the lowest possible monthly carrying cost
  • Buyers who want a quiet, low-density suburban setting
  • Buyers unwilling to read the condominium budget and any assessments

How Two City Plaza is performing right now

44/100
momentum
Buyer-Leaning Market (limited data)
Seller's marketBalancedBuyer's market
12Months of supplytight
129Median days on marketdays
0 : 2Under contract vs for salestrong demand
2Sold in last 12 monthsliquidity
+127%Median price since 2012appreciation
+48%Asking vs recent sold $/sqftroom to negotiate

Tight supply and strong demand favor sellers here. Homes still take about two months to sell, though, and with asking prices running above recent sales per square foot, a prepared buyer has room on anything overpriced. Reading each home against the real comps, not the headline trend, is where the edge is.

Live from BeachesMLS, as of June 15, 2026. Refreshed twice daily. Months of supply, days on market, and the contract-to-listing ratio are computed from current Two City Plaza listings and the trailing twelve months of closed sales.

8.6A- score
Momentum intelligence
Momentum buy score

Our proprietary read on how a home in Two City Plaza buys, holds, and resells. See the five factors.

Homes For Sale Right Now in Two City Plaza

Live MLS inventory for Two City Plaza. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending Two City Plaza listings as of 2026-06-15, priced high to low. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc.. Tap any home to ask about it.

Listing locations from BeachesMLS; lot type inferred from listing descriptions. Destination pins are approximate. Map data © OpenStreetMap, tiles © CARTO. Flood, school, and commute overlays are on the roadmap.

The takeaway

The location is the everyday-convenience case: shopping, schools, and the major roads are all a manageable drive.

City Place (Rosemary Square)~3 min · two blocks, shopping and dining
Clematis Street and the waterfront~5 min · downtown core
Brightline West Palm Beach station~5 min · regional rail
Palm Beach island via the bridges~5 to 10 min · east
Palm Beach International (PBI)~10 min · south
I-95 (Okeechobee or Palm Beach Lakes)~5 to 10 min · north-south interstate

Distances and drive times are approximate and vary with traffic. Confirm your real commute at your real departure time.

Nearby Communities

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Carrying cost · the no-CDD edge

No CDD bond means thousands less per year than newer master plans.

Typical CDD community~$2,500/yr
Two City Plaza (no CDD)$0/yr

Roughly $25,000 saved over 10 years in carrying cost, before resale.

Illustrative. NE Florida CDD assessments commonly run $1,500-$3,500+/yr and vary by community; verify per property.

Schools

15-Second Take
  • Palm Beach County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Confirm current ratings before relying on them
  • Private and parochial options nearby

Two City Plaza is served by Palm Beach County Public Schools. Assignment is by address and can change, so confirm the exact zoned elementary, middle, and high schools for any specific home, plus any magnet or choice options. Treat published ratings as a starting point, not the full story.

Buying with schools in mind? We can confirm the exact zoned schools for any Two City Plaza address.

The takeaway

What is actually shaping value at Two City Plaza, sourced and dated. We do not publish rumor.

Recent Developments in Two City Plaza

Our read on what is being built around Two City Plaza, scored for direction, significance, and how close the effect lands. The full sourced timeline follows below.

Net OutlookBullishThe structural story is steady demand for walkable, full-service downtown condominiums near City Place and the waterfront. The watch items are the line and floor, the view, and the condominium dues, reserves, and any assessments.

Walkable downtown location

BullishA position two blocks from City Place and near the waterfront, Brightline, and Palm Beach supports steady downtown demand. impact
SignificanceRadius: Area

Walkable downtown location

Full-service high-rise amenities

BullishA rooftop pool, fitness center, valet, and attended lobby support the lock-and-leave appeal that downtown buyers pay for. impact
SignificanceRadius: Building

Full-service high-rise amenities

Association budget drives carrying cost

NeutralIn a high-rise built in 2008, the dues, the reserves, and any building assessments are central to the carrying cost; confirm for the specific residence. impact
SignificanceRadius: Building

Association budget drives carrying cost

Direction, significance, and effect-radius ratings are Momentum's proprietary, qualitative read of the sourced items below, not investment advice or a prediction for any specific home.

Development, infrastructure, retail, and school activity affecting Two City Plaza, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated June 2026.

Showing the latest, scroll for all updates ↓

  1. 2008
    Overview

    Two City Plaza delivered as a downtown condominium tower

    Two City Plaza at 701 South Olive Avenue was built in 2008 as a 21-story condominium of 467 residences developed by Kolter, two blocks from the City Place district in downtown West Palm Beach, with residences from one-bedroom lofts to large sky homes. Why it matters: This reflects the building's general character; confirm the line, the floor, the view, the condominium dues and reserves, any assessments, and the rental policy for a specific residence. Source

Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.

If we were buying in Two City Plaza, this is the order of operations we would run, and the one we run for our clients.

1

Confirm the line, floor, and view. Verify the exposure, the floor level, and what the residence looks out on, which drive value in a high-rise.

2

Confirm the condominium dues and reserves. Verify the current monthly dues, what they cover, the reserve position, and any pending special assessments for the specific residence.

3

Confirm the rental policy. Verify any leasing restrictions and minimum lease terms if you may rent the residence.

4

Read the residence condition. Confirm the kitchen, baths, flooring, and any updates, and budget accordingly.

5

Comp within the building. Price against the closest comparable line and floor inside Two City Plaza, not a city-wide average.

Best Buy
A higher-floor residence with a strong view and exposure, priced to recent comparable sales in the same line, with the condominium budget confirmed.
Biggest Risk
Underbudgeting the dues or a building assessment, or overpaying for a low floor or weak exposure.
Best Lot
Higher floors and water or city views hold value over low-floor or interior exposures.
Smart Timing
Demand is steady for walkable downtown condominiums; the line, floor, and view matter more than timing.
The takeaway

On mobile, tap any heading below to open it. This is the home by home, lot by lot, club and renovation detail, organized so you can jump straight to what matters to you.

Community Details at a Glance

Two City Plaza is a 21-story condominium tower at 701 South Olive Avenue in downtown West Palm Beach, built in 2008 and reported to hold 467 residences, developed by Kolter, two blocks from the City Place district. Residences are reported to range from one-bedroom lofts of about 786 square feet up to multi-bedroom sky homes past 3,700 square feet, with views toward the city, the Intracoastal, and the ocean, and amenities reported to include a rooftop pool, a fitness center, valet parking, and a guard-attended lobby. This guide reflects the building's general character; value turns on the line and floor, the view and exposure, and the residence size and condition, so confirm the line, the floor, the condominium dues and reserves, any assessments, the rental policy, and the school assignment by address for a specific residence before relying on them.

The takeaway

Three honest price bands. Condition and lot, not the square footage alone, decide where a home lands.

Entry: lofts and lower floors
$625K to $625K

One-bedroom lofts or lower-floor residences, the more attainable way into the building. The view and exposure drive value.

Lowest entry
Core: mid-floor view residences
$625K to $1.43M

Two-bedroom residences on mid floors with city or partial-water views, the heart of the building. The line and condition set where these land.

Most inventory
High: high-floor sky homes
$1.43M to $1.43M

The larger high-floor residences with the best water and skyline views, the top of the building. The view and size drive the premium.

Strongest resale

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

$625K to $625K
Entry: lofts and lower floors
One-bedroom lofts or lower-floor residences, the more attainable way into the building. The view and exposure drive value.
$625K to $1.43M
Core: mid-floor view residences
Two-bedroom residences on mid floors with city or partial-water views, the heart of the building. The line and condition set where these land.
$1.43M to $1.43M
High: high-floor sky homes
The larger high-floor residences with the best water and skyline views, the top of the building. The view and size drive the premium.

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

15-Second Take
  • Renovation math decides the deal
  • Better lots and views resell strongest
  • Roof and HVAC age drive the insurance quote
  • Interior lots are where buyers overpay
Jon Brooks, Momentum Realty
Operator Note

Most buyers overpay on interior lots in the back half of the community. A sharp renovation can distract you, but the weaker resale position follows the lot, not the finishes. We read the homesite before the kitchen.

No CDD on the tax billStrong
Central West Palm Beach locationStrong
Scarce golf and lake homesitesStrong
$30M club reinvestment to 2028Positive
All-resale 1990s conditionManage it

Momentum analysis based on the community's structure, location, lot scarcity, and housing stock. Not a guarantee of future value.

Jon Brooks, Momentum Realty
Operator Note

The strongest value pocket is usually a renovated home on a good lot priced just under the next tier up. Buyers chasing the single biggest house often pay top prices for what is really a renovation project.

5 Mistakes Buyers Make in Two City Plaza

15-Second Take
  • Calling the listing agent (who works for the seller)
  • Misjudging the renovation budget
  • Overpaying for an interior lot
  • Underbudgeting the carrying costs
  • Skipping the roof, HVAC, and systems check

The same five mistakes cost buyers the most in any market. Every one is avoidable with the right preparation before you tour.

The walkable downtown location, the amenities, and the views are the draw. The deal is won or lost on the line and floor, the view, and the condominium budget.

Jon Brooks · Founder, Momentum Realty
8.0B+ · Buy Score
Resale Strength8.0/10
Renovation Risk4.2/10
Location Efficiency9.2/10
Long-Term Defensibility8.0/10
Carrying Cost Advantage6.4/10

Momentum Intelligence Scores are our proprietary, qualitative assessment based on the analysis on this page, on a 0 to 10 scale. They are a framework for comparing communities, not a guarantee of future value or advice on a specific home.

Why our read on Two City Plaza is different.

Most pages on this community are an automated estimate wrapped in stock copy. This one is built from the live BeachesMLS feed, fourteen years of closed sales, and a renovation-by-renovation read of what actually moves value here, lot by lot. No Zestimate, no guesswork.

Live BeachesMLS feed14 years of closed salesRenovation-premium analysisLot-by-lot, no automated estimates
Jon Brooks, founder of Momentum Realty. A housing economist with a background in real estate investment banking at Deutsche Bank and consulting at Ernst & Young, who has built and analyzed Northeast Florida real estate from the ground up.

Which Lots & Views Hold Value Best

Where the value actually sits. Each home is shaded by its price per square foot (a value read, not just a price) and ringed by lot type, so you can see at a glance which pockets carry a real, durable premium and where a renovation play makes sense.

Value ($/sqft)
$261 value$401 premium

Fill = price per square foot; ring = by realized $/sqft per unit. Sold homes are shown by realized $/sqft (lot type not always recorded). Asking and recent-sold figures from BeachesMLS; for orientation, not an appraisal.

15-Second Take
  • Higher floors and water views hold value best
  • The line and exposure are the biggest swings
  • Confirm the dues, reserves, and any assessments
  • The walkable downtown location is the durable draw
  • Comp within the building by line and floor

At Two City Plaza the value drivers are the line and floor, the view and exposure, and the residence size and condition, in a full-service downtown West Palm Beach high-rise. Higher floors and water or city views hold value over low floors and interior exposures. Because this is a high-rise condominium, confirm the dues, the reserves, any building assessments, and the rental policy for the specific residence, and compare against the closest comparable line and floor inside the building rather than a city-wide average.

Two City Plaza in 15 seconds.

Best forBuyers who want a walkable, full-service downtown West Palm Beach condominium with city and water views.
Strong onA position two blocks from City Place and the waterfront, a rooftop pool and full amenities, and lock-and-leave convenience.
WatchThe condominium dues, reserves, and any assessments, the line and floor, the view, and the rental policy.
Not forBuyers who want a single-family home, a private yard, or the lowest possible monthly carrying cost.
The edgeA high-floor residence with a strong view in a walkable downtown building is a durable value when the condominium budget checks out.

HOA, CDD & Fees

15-Second Take
  • Full-service downtown condominium, built 2008
  • Rooftop pool, fitness, valet, attended lobby
  • Confirm the dues, reserves, and any assessments
  • Confirm the rental policy before you buy
  • The line, floor, and view drive value

Two City Plaza is a full-service condominium with monthly association dues that fund the amenities, the staff, and the building. Confirm the current dues, the reserve position, and any pending special assessments for the specific residence, since in a high-rise the budget is central to the carrying cost.

Dues are reported to cover the building amenities and staff, common-area maintenance, valet and the attended lobby, and certain building items. Confirm the exact inclusions, what utilities are covered, and the dues for a specific residence.

Amenities are reported to include a rooftop pool with a lounge area, a fitness center, a social room, valet parking, and a guard-attended lobby. Confirm the current amenity package and any associated costs for the specific residence.

The takeaway

Selling here is won on condition and view, not the Zestimate. The right number comes from closed comps matched to your renovation level and lot.

Momentum listings (YTD)
97.98%
Sold-to-list ratio across our market for our agents, sellers keeping more of their price.
Market average (YTD)
96.73%
The broader metro average sold-to-list ratio over the same period.
Momentum days on market
64 days
Median days on market for our listings, faster sales mean less carrying cost and stronger leverage.
Market days on market
72 days
The broader metro median over the same period.

Sold-to-list and days-on-market figures reflect Momentum Realty listings versus our market average, year to date. Your home's result depends on pricing, condition, lot, view, and preparation.

In Two City Plaza, condition and view decide your number

Because buyers here are weighing your home against renovated comps and cross-shopping Two City Plaza, a home priced to the community average instead of its true condition and view either leaves money on the table or sits. A renovated kitchen, newer roof and HVAC, and a golf or lake view all deserve to show up in your price, and a buyer pool reading renovation math needs to be shown why your home is worth it. We build that case with real comps and a pricing strategy for the current market.

What is your Two City Plaza home worth?

Get a no-obligation home value based on real comparable sales in Two City Plaza matched to your condition, lot, and view, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See homes for sale in Two City Plaza on the map →
Or get your Two City Plaza home value & selling guide →

Real comps, not a Zestimate.

Two City Plaza Market Scorecard

Buyer-Leaning Market (limited data)

Two City Plaza is currently a buyer-leaning market (limited data). About 12.0 months of supply, a median asking price of $1,374,500, and homes go under contract in about 129.5 days.

12.0
Months supply
$1,374,500
Median list
$1,025,000
Median sold
$687
Per sqft
129.5
Days on mkt
2/0/2
Active/Pend/Sold

Typical home value in the 33401 ZIP is $440,760, about 45.5% above the Florida norm (Zillow Home Value Index).

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: BeachesMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.

Frequently Asked Questions

Where is Two City Plaza located?
Two City Plaza is at 701 South Olive Avenue in downtown West Palm Beach (ZIP 33401), two blocks from the City Place district and near the waterfront, Clematis Street, and Brightline.
When was Two City Plaza built and how many units are there?
It was built in 2008 as a 21-story condominium reported to hold 467 residences, developed by Kolter. Confirm the specifics for a particular residence.
Is Two City Plaza a for-sale condominium or rentals only?
It is a for-sale condominium with individually owned residences, and some owners also lease. Confirm the rental policy and any leasing restrictions for a specific residence.
What sizes are the residences?
Residences are reported to range from one-bedroom lofts of about 786 square feet up to multi-bedroom sky homes past 3,700 square feet. Confirm the exact line and size for a specific residence.
What amenities does Two City Plaza have?
A rooftop pool with a lounge, a fitness center, a social room, valet parking, and a guard-attended lobby are reported. Confirm the current amenity package for the specific residence.
What are the condominium dues at Two City Plaza?
As a full-service high-rise, monthly dues fund the amenities, the staff, and the building. Confirm the current dues, the reserves, and any pending assessments for the specific residence before buying.
Are there views from Two City Plaza?
Residences are reported to offer views toward the city, Palm Beach, the Intracoastal, and the ocean, with higher floors carrying the best outlooks. Confirm the exposure and view for a specific residence.
Can I rent out a residence at Two City Plaza?
Some owners lease their residences, subject to the condominium's rules. Confirm the leasing policy and any minimum lease terms with the association before buying.
What schools serve Two City Plaza?
The building is part of the School District of Palm Beach County. Assignment is by address and changes periodically, so confirm the exact zoned schools for a specific residence with the district.
How walkable is the location?
It is highly walkable, two blocks from City Place and near Clematis Street, the waterfront, Brightline, and the bridges to Palm Beach, with Palm Beach International a short drive.
Is Two City Plaza a good investment?
A full-service condominium in a walkable downtown West Palm Beach location supports steady demand, with value turning on the line and floor, the view, and the condominium budget. This is not a guarantee of future value.
Should I use the listing agent to buy here?
No. The listing agent works for the seller. Because the line, floor, view, and condominium budget drive value, having your own representation to read the residence and the comps is the highest-leverage decision you make.
What is the area like?
It is the heart of downtown West Palm Beach, walkable to City Place, Clematis, the waterfront, and the cultural venues, with the bridges to Palm Beach island a short distance east.
You want a walkable, full-service downtown West Palm Beach condominiumExcellent fit
You value city, Intracoastal, or ocean views from a high floorExcellent fit
You want a lock-and-leave residence near City Place and the waterfrontExcellent fit
You are comfortable confirming the condominium dues, reserves, and rental policyExcellent fit
You will comp within the building by line and floorExcellent fit
You want a single-family home or a private yardProbably not
You want the lowest possible monthly carrying costProbably not
You want a quiet, low-density suburban settingProbably not
You are unwilling to read the condominium budget and any assessmentsProbably not
You want a large lot or waterfront houseProbably not

Get the inside read on Two City Plaza

Whether you are buying a renovation project, comparing the lots and views, weighing the carrying costs, or selling your Two City Plaza home, tell us what you need. Every inquiry comes straight to us. We represent you, not the seller, and what your agent is paid is negotiable and set in a written buyer agreement up front. No obligation, no spam, no high-pressure follow-up.

We respond personally, usually the same day.

You are all set.

A Momentum Realty Two City Plaza specialist will reach out personally, usually the same day.

BeachesMLS logo
Photography on this page is sourced from active and recently sold MLS listings in this community and remains the property of the listing brokerage and/or photographer. Source: Listing photos provided by BeachesMLS, Inc. Information deemed reliable but not guaranteed.

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