240 Oleander Ave, Palm Beach, FL 33480
For Sale $5,200,000
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Contact the Listing Agent directly:
Listing Agent: Jeffrey Creegan
Agent Phone:
561-939-9819
Agent Email:
creeganrealty@gmail.com
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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.
Bedroom Layout - Split
Taxes: $62,501.10
Tax Year: 2025
Balcony
Patio - Open
Deck
Patio
Dryer
Dishwasher
Refrigerator
Building Description: Traditional
MLS Area: 4110
Total Square Footage: 3,610
Price per Square Feet: $1,913.17
Total Rooms: 5
Total Floors: 2
Construction: Block, Cbs
Date Listed: 2026-09-28 00:00:00
Furnished: Unfurnished
Parking: Garage, Attached Garage
Garage Description: Y
Garage Spaces: 1
Attached Garage: Y
Flooring: Carpet, Ceramic Tile, Wood
Roof: Composition, Shingle
Heating: Central, Window/Wall
Cooling: Central Air, Wall/Window Unit(S)
Security: Closed Circuit Camera(S)
Laundry: In Garage
Pets: Yes
Restrictions: Other Restrictions
Sewer: Public Sewer
Parcel ID: 504343150600001
Listing Courtesy Of: Compass Florida Llc
creeganrealty@gmail.com
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.
Property Details
Price: $5,200,000
Sq Ft: 2,718
($1,913 per
sqft)
Bedrooms: 4
Bathrooms: 4
City: Palm Beach
County: Palm Beach
Type: Single Family
Development: Jeanette Court
Acres: 0.2000
Virtual Tour/Floorplan: View
Year Built: 1952
Listing Number: R11164744
Status Code: A-Active
Taxes: $62,501.10
Tax Year: 2025
Garage:
1
/
Y
Furnishings: Unfurnished
Pets Allowed: Yes
Interior Features:
Bedroom Layout - Split
Financial Information:
Taxes: $62,501.10
Tax Year: 2025
Exterior Features:
Balcony
Patio - Open
Deck
Patio
Equipment:
Dryer
Dishwasher
Refrigerator
Additional Information:
Building Description: Traditional
MLS Area: 4110
Total Square Footage: 3,610
Price per Square Feet: $1,913.17
Total Rooms: 5
Total Floors: 2
Construction: Block, Cbs
Date Listed: 2026-09-28 00:00:00
Furnished: Unfurnished
Parking: Garage, Attached Garage
Garage Description: Y
Garage Spaces: 1
Attached Garage: Y
Flooring: Carpet, Ceramic Tile, Wood
Roof: Composition, Shingle
Heating: Central, Window/Wall
Cooling: Central Air, Wall/Window Unit(S)
Security: Closed Circuit Camera(S)
Laundry: In Garage
Pets: Yes
Restrictions: Other Restrictions
Sewer: Public Sewer
Parcel ID: 504343150600001
Map of 240 Oleander Ave, Palm Beach, FL 33480
Listing Courtesy Of: Compass Florida Llc
creeganrealty@gmail.com