240 Oleander AVE, Palm Beach, FL 33480
240 Oleander AVE, Palm Beach, FL 33480
240 Oleander AVE, Palm Beach, FL 33480
13
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Listed by Jeffrey Creegan • Compass Florida LLC
$5,500,000
Est. payment /mo
4 Beds
4 Baths
2,718 SqFt
Active Under Contract

240 Oleander AVE Palm Beach, FL 33480

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Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 2,718 sqft

Price per Sqft $2,023

Subdivision Jeanette Court

MLS Listing ID R11164744

Style Traditional

Bedrooms 4

Full Baths 4

Construction Status Resale

Year Built 1952

Annual Tax Amount $62,501

Tax Year 2025

Property Sub-Type Detached

Sub Type Detached

Property Description

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.

Location

State FL

County Palm Beach

Community Non- Gated, None

Area 4110 Boynton Beach - E. Of Intracoastal

Direction From Royal Poinciana Way, head North on N County Rd, then turn left onto Oleander Ave, property will be on the left.

Interior

Interior Features Living/ Dining Room, Split Bedrooms

Heating Central, Wall Furnace

Cooling Central Air, Wall/ Window Unit(s)

Flooring Carpet, Ceramic Tile, Wood

Furnishings Unfurnished

Fireplace No

Appliance Dryer, Dishwasher, Refrigerator

Furnished Unfurnished

Interior Features Living/ Dining Room, Split Bedrooms

Exterior

Exterior Feature Deck, Sprinkler/ Irrigation

Parking Features Attached, Garage

Community Features Non- Gated, None

Utilities Available Electricity Available, Water Available

Roof Type Composition, Shingle

Porch Deck

Total Parking Spaces 1

Private Pool No

Roof Composition, Shingle

Building

Lot Description Sprinklers Automatic

Faces North

Story 2

Architectural Style Traditional

Construction Status Resale

Others

Pets Allowed Yes

Senior Community No

Tax ID 50434315060000110

Security Features Closed Circuit Camera(s)

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

Pets Allowed Yes

Virtual Tour https://www.propertypanorama.com/240-Oleander-Avenue-Palm-Beach-FL-33480/unbranded


Martin County REALTORS® of the Treasure Coast (MCRTC MLS)

NEARBY SCHOOL & BUSINESS

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Dylan Snyder

Dylan Snyder

Agent SLSL698137

+1(561) 951-9301

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240 Oleander AVE