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Alex Miranda

[email protected] +1(305) 712-6522

$ 5,500,000

Est. payment -/mo

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Active

240 Oleander AVE Palm Beach, FL 33480

4 Beds

4 Baths

2,718 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,718 sqft

Price per Sqft $2,023

Subdivision Jeanette Court

MLS Listing ID R11164744

Style Split Level

Bedrooms 4

Full Baths 4

HOA Y/N No

Year Built 1952

Annual Tax Amount $62,501

Tax Year 2025

Lot Size 8,712 Sqft

Acres 0.2

Property Sub-Type Single Family Residence

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 Jeanette Court

Area 4110

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, Utility Room

Heating Central, Wall Furnace

Cooling Central Air, Wall/Window Unit(s)

Flooring Carpet, Ceramic Tile, Hardwood, Wood

Furnishings Unfurnished

Appliance Dryer, Dishwasher, Refrigerator

Laundry In Garage

Exterior

Exterior Feature Patio

Parking Features Attached

Garage Spaces 1.0

Pool None

Utilities Available Water Available, Sewer Available

Amenities Available None

Roof Type Composition,Shingle

Porch Patio

Total Parking Spaces 1

Garage Yes

Private Pool No

Building

Lot Description Sprinklers Automatic, < 1/4 Acre

Building Description Block, Living Area

Faces North

Story 2

Sewer Not Connected (at lot), Public Sewer, Other

Architectural Style Split Level

Level or Stories Two, Multi/Split

Structure Type Block

Others

Pets Allowed No Pet Restrictions, Yes

Senior Community No

Restrictions Other Restrictions

Tax ID 50434315060000110

Security Features Closed Circuit Camera(s)

Acceptable Financing Cash

Listing Terms Cash

Pets Allowed No Pet Restrictions, Yes

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

Miami Association of Realtors (SEFMIAMI MLS)

Listed by Compass Florida LLC

Alex Miranda

Licensed Realtor | COMP3203583

+1(305) 712-6522

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Alex Miranda

240 Oleander AVE Palm Beach, FL 33480

Key Details

Location

Interior

Exterior

Building

Others

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240 Oleander AVE