240 Oleander Avenue Palm Beach, FL 33480
$5,750,000
4 Beds
4 Baths
2718 sqft
MLS#
RX-11164744
Type
Single Family Detached
Status
Active Listing
Square Footage
2,718
Bedrooms
4
Bathrooms
4 full
Year Built
1952
Garage Spaces
1
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
Cooling:Central, Wall-Win A/C
Auto Sprinkler
Deck
Open Patio
Split Bedroom
per month
Principal & Interest
Property Tax
Mortage Insurance
HOA
Home Owners Insurance
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