The song features guest vocals from Pitbull; the song marks the fourth collaboration between the duo, following "Fresh Out the Oven" (2009), "On the Floor" (2011) and "Dance Again" (2012).
"Live It Up" is a dance-pop and Europop song that features Lopez singing inspirational lyrics about living it up.
In the United States the song only managed to reach number 60, thus failing to achieve the same commercial success as Lopez's previous collaborations with Pitbull.
Lopez performed the song live for the first time on the season 12 finale of American Idol on May 16, 2013.
The music video was nominated for Best Choreography at the 2013 MTV Video Music Awards.