Property detail

Location Address 701 S OLIVE AVE 518
Municipality WEST PALM BEACH
Parcel Control Number 74-43-43-22-41-000-0518
Subdivision TWO CITY PLAZA CONDO
Official Records Book/Page 34123 / 1272
Sale Date 02/06/2023
Legal Description TWO CITY PLAZA CONDO UNIT 518

Owner INFORMATION

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Owner(s) Mailing Address
LEEK JAY &
RABELO LEEK REGINA
701 S OLIVE AVE APT 518
WEST PALM BEACH FL 33401 6500

Sales INFORMATION

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Sales Date Price OR Book/Page Sale Type Owner
02/06/2023 $1,750,000 34123 / 01272 WARRANTY DEED LEEK JAY &
01/12/2022 $1,435,000 33252 / 00943 WARRANTY DEED ZANGA OLIVE PROPERTY HOLDINGS LLC
05/02/2019 $850,000 30595 / 01768 WARRANTY DEED PATRON LUIS MIGUEL C
01/30/2019 $0 30398 / 00491 SUMMARY ORDER
09/02/2009 $10 23449 / 00955 WARRANTY DEED BARNETT ALAN D
03/04/2009 $695,000 23113 / 01425 WARRANTY DEED DISTINCTIVE LUXURY PROPERTIES LLC

NOTE: Sales do not generally appear in the PAPA database until approximately 1 to 3 weeks after the closing date.
If a recent sale does not show up in this list, please allow more time for the sale record to be processed.

Exemption INFORMATION

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  • Save Our Homes (SOH) Base Year : 2024
  • Exemption Year : 2025
Applicant/Owner(s) Year Detail
LEEK JAY & 2025 HOMESTEAD
LEEK JAY & 2025 ADDITIONAL HOMESTEAD
RABELO LEEK REGINA 2025 HOMESTEAD
RABELO LEEK REGINA 2025 ADDITIONAL HOMESTEAD

Property INFORMATION

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SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 1

Code Description square Footage

No Data Found.


Number of Units 1
Total Square Feet* 2156
Acres
Property Use Code 0400—CONDOMINIUM
Zoning QGD-25—QUADRILLE GARDEN DISTRICT – 25 (74-WEST PALM BEACH)

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*May indicate living area in residential properties.

Structural Element
for Building 1

Name TWO CITY PLAZA CONDO
Area 2156
Year Built 2008
No of Bedroom(s) 2
No of Bath(s) 2
No of Half Bath(s) 1
Exterior Wall 1 MSY: CB STUCCO
Air Condition DESC HTG & AC
Heat Type FORCED AIR DUCT
Exterior Wall 2 NONE
Roof Structure PRESTRESSED CONCRETE
Roof Cover MIN. ROOFING (CORR/SH.M)
Interior Wall 1 DRYWALL
Interior Wall 2 N/A
Floor Type 1 CARPETING
Floor Type 2 CERAMIC/QUARRY TILE
Stories 1

Print Building 1 Details

 

Sketch
for Building 1

Property Extra Features

No Extra Feature Available

Property Land Details

No Land Details Available

Appraisals

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Tax Year 2025 P 2024 2023 2022 2021
Improvement Value $1,850,000 $1,475,000 $1,400,000 $879,800 $575,000
Land Value $0 $0 $0 $0 $0
Total Market Value $1,850,000 $1,475,000 $1,400,000 $879,800 $575,000
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
Improvement Value $1,850,000 $1,475,000 $1,400,000 $879,800 $575,000 $585,000 $585,000 $595,000 $585,000 $570,000
Land Value $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Total Market Value $1,850,000 $1,475,000 $1,400,000 $879,800 $575,000 $585,000 $585,000 $595,000 $585,000 $570,000

P = Preliminary

All values are as of January 1st each year

Assessed & taxable values

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Tax Year 2025 P 2024 2023 2022 2021
Assessed Value $1,106,545 $1,075,360 $1,400,000 $632,500 $575,000
Exemption Amount $50,722 $50,000 $0 $0 $0
Taxable Value $1,055,823 $1,025,360 $1,400,000 $632,500 $575,000
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
Assessed Value $1,106,545 $1,075,360 $1,400,000 $632,500 $575,000 $585,000 $585,000 $520,893 $510,179 $499,686
Exemption Amount $50722 $50000 $0 $0 $0 $0 $0 $50000 $50000 $50000
Taxable Value $1,055,823 $1,025,360 $1,400,000 $632,500 $575,000 $585,000 $585,000 $470,893 $460,179 $449,686

Taxes

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Tax Year 2025 P 2024 2023 2022 2021
AD VALOREM $23,864 $22,125 $30,201 $15,565 $13,079
NON AD VALOREM $216 $207 $203 $200 $196
TOTAL TAX $24,080 $22,332 $30,404 $15,765 $13,275
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
AD VALOREM $23,864 $22,125 $30,201 $15,565 $13,079 $13,438 $13,558 $10,824 $10,729 $10,710
NON AD VALOREM $216 $207 $203 $200 $196 $195 $197 $148 $123 $122
TOTAL TAX $24,080 $22,332 $30,404 $15,765 $13,275 $13,633 $13,755 $10,972 $10,852 $10,832

BUYERS TAKE NOTE: Taxes will change and often increase substantially when a property sells. The seller’s exemption benefits will GO AWAY the year after they sell and this may result in higher taxes for a buyer. Please use the Property Tax Calculator to get a better annual tax estimate if you are purchasing this property.