$1,375,000
SOLD FEB 26, 2025

1941 S Olive Ave Unit 1941 West Palm Beach, FL 33401

El Cid Neighborhood
3 Beds
4 Baths
1,826 Sq Ft
$883/mo HOA Fee

Recently Sold

$753 Per Sq Ft

8% Below List Price

63 Days on Market

Highlights

  • Marble Flooring
  • Community Pool
  • Eat-In Kitchen
  • Palm Beach Public School Rated A-
  • Balcony
  • 5-minute walk to Flamingo Park

About This Home

As of February 2025

Fabulous 3 Bedroom 3.5 bath Townhouse in El Cid... Perfectly located just a block to the intracoastal waterway, 5 minute drive to Palm Beach, near the Norton Museum, and fabulous restaurants... Grato, Table 26, and Bedner's farmers market!
This three story Townhome is fresh and charming with tones of Nantucket with the convenience of a condo, but the feeling of a single family home with lots of privacy featuring a first floor guest bedroom, and third floor Bedroom and office. Second Floor main living level with spacious living room, eat-in kitchen, and powder room. Just Perfect.

Last Agent to Sell the Property

Linda R Olsson

Linda R. Olsson Inc. License #BK432027

Last Buyer's Agent

Chad Gates

Sotheby's International Realty, Inc. License #3538338

Sotheby's International Realty, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $9,170

Year Built

  • Built in 2002

HOA Fees

  • $883 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Metal Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,826 Sq Ft Home
  • 3-Story Property
  • Single Hung Windows
  • Living Room
  • Dining Area

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Additional Features

  • Balcony
  • Home has East and West Exposure
  • Forced Air Zoned Heating and Cooling System

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 74434327760000590

Community Details

Overview

  • 60 Units
  • Mandatory home owners association

Recreation

  • Community Pool

Security

  • Resident Manager or Management On Site
  • High Impact Windows
  • High Impact Door

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,170

Year Built

Built in 2002

Lot Details

0

HOA Fees

$883 per month

Listing Details

  • Property Sub Type: Townhouse
  • Prop. Type: Townhouse/Villa
  • Lot Size: 0
  • Architectural Style: Three + Story
  • Building Name: N/A
  • Year Built: 2002
  • Location Tax Legal:Name of Building: N/A
  • Location Tax Legal:Zoned: RPD
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 9169.91
  • Location Tax Legal:Tax Year2: 2023
  • General Property Description:Living Area: 1826.0
  • General Property Description:Pool: No
  • General Property Description:Per: Quarter
  • General Property Description:_pound_ Units in Complex: 60
  • General Property Description:_pound_ Floors: 3.0
  • Exposure of Unit:East2: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Laundry:Laundry in Unit: Yes
  • Services Included:Full Time Manager: Yes
  • General Property Description:Lot Dim (1): 0
  • General Property Description:Maint Amount: 2650.0
  • General Property Description:Waterfrt: No
  • Floors:Hardwood: Yes
  • Floors:Marble: Yes
  • WaterSewer:City Water: Yes
  • Style:Three Story: Yes
  • Windows:Single Hung: Yes
  • Windows:Impact Glass: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Exposure of Unit:West2: Yes
  • Pool:Community Pool: Yes
  • Roof:Metal: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Washer, Dryer, Range - Electric
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Hardwood, Marble
  • Living Area: 1826.0
  • Stories: 3
  • Window Features: Single Hung, Impact Glass
  • Other Rooms:Eat-in Kitchen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Range - Electric: Yes
  • Other Rooms:Dining Area: Yes

Exterior Features

  • Lot Features: Up To 10,889 SF
  • Pool Features: Community Pool
  • Pool Private: No
  • Construction Type: Cement Block/Stucco
  • Exterior Features: Balcony, Impact Doors, Impact Windows
  • Roof: Metal
  • Exterior Features:Balcony: Yes
  • Exterior Features:Impact Doors: Yes
  • Exterior Features:Impact Windows: Yes
  • Construction:Cement BlockStucco: Yes

Garage/Parking

  • Parking:Garage2: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • Cooling: Multi Zone Air, Central Air
  • Cooling Y N: Yes
  • Heating: Central Heat, Multi Zone Heat
  • Heating Yn: Yes
  • Water Source: City Water

Condo/Co-op/Association

  • Amenities: Full Time Manager
  • Association: Yes
  • Mandatory HOA: Yes

Association/Amenities

  • Restrictions:Condo Association: Yes

Lot Info

  • Parcel #: 74434327760000590
  • Zoning: RPD

Multi Family

  • Number Of Units Total: 60
  • Maintenance Expense: 2650.0

Tax Info

  • Tax Annual Amount: 9169.91
  • Tax Year: 2023

Map

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2025 02/26/25 Sold $1,375,000 -8.0% $753 / Sq Ft
01/27/2025 01/27/25 Pending -- -- --
11/25/2024 11/25/24 For Sale $1,495,000 -- $819 / Sq Ft
Source: Palm Beach Board of REALTORS®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $9,400 $491,727 -- --
2023 $9,170 $477,405 $0 $0
2022 $9,079 $463,500 $0 $0
2021 $9,067 $450,000 $0 $450,000
2020 $9,158 $450,000 $0 $450,000
2019 $9,248 $450,000 $0 $450,000
2018 $8,845 $430,000 $0 $430,000
2017 $8,344 $420,000 $0 $0
2016 $7,754 $322,102 $0 $0
2015 $7,075 $292,820 $0 $0
2014 $6,462 $266,200 $0 $0
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,375,000 Balloon
Closed $1,375,000 Balloon
Previous Owner $145,502 FHA
Previous Owner $1,847 Purchase Money Mortgage
Previous Owner $300,000 New Conventional
Previous Owner $383,900 Purchase Money Mortgage
Closed $50,000 No Value Available
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $1,375,000 None Listed On Document
Warranty Deed $1,375,000 None Listed On Document
Warranty Deed $550,000 Attorney
Special Warranty Deed $479,940 --
Source: Public Records

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See All Homes in West Palm Beach

Source: Palm Beach Board of REALTORS®

MLS Number: 24-1783

APN: 74-43-43-27-76-000-0590

Florida Palm Beach County West Palm Beach 33401 El Cid

1941 S Olive Ave Unit 1941, West Palm Beach, FL

Homes for Sale in West Palm Beach, FL

This home is located at 1941 S Olive Ave Unit 1941, West Palm Beach, FL 33401 and is currently priced at $1,375,000, approximately $753 per square foot. This property was built in 2002. 1941 S Olive Ave Unit 1941 is a home located in Palm Beach County with nearby schools including Palm Beach Public School, Conniston Middle School, and Forest Hill Community High School.

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