240 Oleander Ave

Palm Beach, FL 33480
  • $5,200,000

    Price
  • 4

    Bed
  • 4

    Bath
  • 2,718

    SqFt
  • 0.2

    Acre

About the Listing 276611618 - 276549877,276613380

The best opportunity to build your dream home in Palm Beach is here. 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 for 240 Oleander Ave

Status Active
Days on Site 259
Property Type Residential
MLS ® R11164744
Year Built 1952
Total Square Footage 2,718
Lot/Acreage 0.2
County Palm Beach
Neighborhood Jeanette Court
Area 4110

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
  • 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
Years
% Down Payment
% Mortgage Rate

Listing Location

Questions About..

240 Oleander Ave Palm Beach, FL 33480

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

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.

Originating MLS: BEACH

Agent profile image in chat bubble
Agent profile image in chat header

Nicole Gary

CEO - The Nicole Gary Team | The Nicole Gary Team

Agent profile image in message

or another way