FL Real Estate & Homes • (561) 835-5400Mortgage Title List & Sell for 1% Get Home Value
$5,750,00060 days on marketActive
240 Oleander Avenue, Palm Beach, FL 33480
Palm Beach, FL 33480
4
Beds
4
Baths
2,718
Sq Ft
$2,116
$/Sq Ft
1952
Year Built
1 car
Garage
0.2 acres
Lot Size

Listing Snapshot

List Price$5,750,000
Price / Sq Ft$2,116
Beds4
Baths4
Living Area2,718 sqft
Lot Size0.2 acres
Year Built1952
Property Tax$62,501.1/yr
MLS #1153171444
StatusActive
Days on Market60

About This Home

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.

General Features

Property Type
Residential
Sub-type
SingleFamilyResidence
Style
Traditional
Stories
2
Direction Faces
North
Attached Garage
Yes
Garage Spaces
1
Parking
Attached,Garage
Zoning
R-C
Security
ClosedCircuitCameras
Utilities
SewerAvailable,WaterAvailable
Subdivision
JEANETTE COURT

Interior Features

Appliances
Dryer,Dishwasher,Refrigerator
Flooring
Carpet,CeramicTile,Wood
Heating
Central,WallFurnace
Cooling
CentralAir,WallWindowUnits
Interior Features
LivingDiningRoom,None,SplitBedrooms
Laundry
InGarage
Furnished
Unfurnished

Exterior Features

Construction
Block
Exterior Features
Balcony,OutdoorLivingArea
Roof
Composition,Shingle
Lot Features
SprinklersAutomatic,LessThanQuarterAcre
Patio / Porch
Deck,Patio,Balcony
Pool
No
Waterfront
No
Waterfront Features
None

Community Features

Association Amenities
None
MLS Area
4110

Map

Virtual Tour

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Listed by Jeffrey Creegan · Compass Florida LLC
MLS# 1153171444 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.

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