$ 5,750,000
-
$5,750,000
Price -
4
Bed -
4
Bath -
2,718
SqFt
NEW! Buy and sell safely with virtual options - Learn More
About the Listing 276611618 - 276549877,276613380
Ideally positioned on a 100' x 85' lot in one of Palm Beach's most coveted in-town locations, this meticulously maintained two-story CBS-construction multifamily property offers exceptional versatility and long-term upside. Just steps from the ocean and moments from Palm Beach's premier restaurants, boutiques, and cultural destinations, the setting is truly unparalleled. The sale includes pre-approved plans for an approximately 4,500-square-foot new residence, creating an outstanding opportunity for redevelopment or custom end-user use. The existing structure is configured as three well-appointed apartments, including one two-bedroom/two-bath residence and two one-bedroom/one-bath units, providing immediate income potential. Additional features include a garage topped by a private rooftop deck, four off-street parking spaces, and 100 feet of frontage on Oleander Avenue. Whether preserved as an income-producing asset or transformed into a new luxury estate, this offering combines solid construction, an irreplaceable location, and multiple value-enhancement options making it a rare opportunity on Palm Beach Island.
Listing Highlights
Interior Details
- Bedrooms: 4
- Bathrooms: 4 Full
- Appliances: Dryer, Dishwasher, Refrigerator
- Air Cond: Central Air,Wall/Window Unit(s)
- Heating: Central,Wall Furnace
- Fireplaces:
- Floor: Carpet,Ceramic Tile,Wood
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Unfurnished,Living/Dining Room,Split Bedrooms,Pets Allowed
- Water:
Exterior Details
- Lot Description: Sprinklers Automatic,< 1/4 Acre
- Garage Capacity: 1 car
- Lot Dimensions: 100.0 ft x 85.0 ft
- Zoning: R-C
- Roof: Composition,Shingle
- Others: Balcony,Outdoor Living Area
- Sewer: Public Sewer
- Parking Features: Attached,Garage
Financial Details
- Tax Amount: $62,501
- Taxes w/Assessments: N/A
- Tax/Property ID: 50434315060000110
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
240 Oleander Ave Palm Beach, FL 33480
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
