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226 Oleander Avenue, Palm Beach, FL – $5,800,000

  • 3 Beds
  • 3 Baths
  • 1,452 Sqft
  • .2 Acres
  • 3 Beds
  • 3 Baths
  • 1,452 Sqft
  • .2 Acres

226 Oleander Avenue

Amazing opportunity In-Town! Buy this vacant lot with at total of 4,250 sq ft and the multi-family property next to it for a combined lot of 8,500+ sq ft. Sale includes both properties at 226 Oleander and 216 Oleander. The income producing multi-family at 216 Oleander includes two one bedroom units and a studio. The one bedroom units generate an income of $2,900 and $3,100 a month in rent. The studio is currently not rented. Build new on combined lots, or keep the existing multi-family and utilize the vacant lot however you choose, the options are endless here! This unbeatable In-Town location offers walkability to the beach, lake trail, shopping, and dining! Seller financing available.

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Essential Information

  • MLS® #RX-10961331
  • Price$5,800,000
  • Bedrooms3
  • Bathrooms3.00
  • Full Baths3
  • Square Footage1,452
  • Acres0.20
  • Year Built1955
  • TypeResidential
  • Sub-TypeSingle Family Homes
  • StatusPrice Change

Community Information

  • Address226 Oleander Avenue
  • Area5002
  • SubdivisionJEANETTE COURT
  • CityPalm Beach
  • CountyPalm Beach
  • StateFL
  • Zip Code33480

Amenities

  • AmenitiesNone
  • Parking2+ Spaces, Driveway, Street
  • WaterfrontNone
  • Has PoolYes
  • PoolInground

Utilities

Cable, 3-Phase Electric, Public Sewer, Gas Natural

Interior

  • Interior FeaturesNone
  • HeatingNo Heat
  • CoolingWall-Win A/C
  • # of Stories2
  • Stories2.00

Appliances

Refrigerator, Washer, Dryer, Range - Gas

Exterior

  • Lot Description< 1/4 Acre
  • ConstructionCBS, Frame/Stucco

Additional Information

  • Listing Courtesy ofCompass Florida LLC (PB)
  • Date ListedFebruary 20th, 2024
  • ZoningR-C(ci
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Price Change History for 226 Oleander Avenue, Palm Beach, FL (MLS® #RX-10961331)

Date Details Change
Price Reduced from $6,500,000 to $5,800,000 $700,000 (10.77%)
Price Reduced from $6,900,000 to $6,500,000 $400,000 (5.80%)

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