240 Oleander Avenue, Palm Beach, FL 33480

Local realty services provided by:CENTURY 21 Move With Us
240 Oleander Avenue,Palm Beach, FL 33480
$5,200,000
  • 4 Beds
  • 4 Baths
  • 2,718 sq. ft.
  • Single family
  • Active
Listed by: jeffrey creegan, zachary james possanza
Office: compass florida llc.
MLS#:R11164744
Source:FL_RAMC

Price summary

  • Price:$5,200,000
  • Price per sq. ft.:$1,440.44

About this home

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...

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Home facts

  • Year built:1952
  • Subdivision & Development:JEANETTE COURT
  • Listing ID #:R11164744
  • Added:59 day(s) ago
  • Updated:October 30, 2026 at 05:11 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:4
  • Full bathrooms:4
  • Rooms Total:5
  • Flooring:Carpet, Ceramic Tile, Wood
  • Dining Description:Living/Dining Room
  • Kitchen Description:Dishwasher, Refrigerator
  • Bedroom Description:Split Bedroom
  • Living area:2,718 sq. ft.

Heating and cooling

  • Cooling:Central Air, Wall/Window Unit(s)
  • Heating:Central, Wall Furnace
  • Central air:Yes

Structure and exterior

  • Roof:Composite Shingle, Shingle
  • Year built:1952
  • Building area:2,718 sq. ft.
  • Lot Features:Sprinklers Automatic
  • Architectural Style:Traditional
  • Construction Materials:Block, Concrete
  • Exterior Features:Deck
  • Levels:2 Stories

Utilities

  • Water:Water Available

Finances and disclosures

  • Price:$5,200,000
  • Price per sq. ft.:$1,440.44
  • Tax amount:$62,501 (2025)

Features and amenities

  • Appliances:Dishwasher, Dryer, Refrigerator
  • Laundry features:Dryer
  • Amenities:Closed Circuit Camera(s)

Parking

  • Total parking spaces:1
  • Parking description:Attached, Garage
  • Garage:Yes
MLS LogoThe data relating to real estate for sale on this web site comes in part from a cooperative data exchange program of the Realtor<REGISTERED_LOGO> Association of Martin County, Inc. MLS. Real estate listings held by brokerage firms other than CENTURY 21 Move With Us are marked with the IDX logo (Broker Reciprocity) or name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed.