240 Oleander Avenue
Palm Beach, FL 33480
4
Bed
4
Bath
2,718Sqft
8,506Sqft(Lot)
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
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 4Bathroom Information
Total Baths: 4 Full Baths: 4Room Information
Rooms Total: 5Roofing Information
Composition, ShingleFlooring Information
Carpet, CeramicTile, Wood -
Interior Features
LivingDiningRoom, None, SplitBedroomsRoof: Composition, ShingleAppliances: Dryer, Dishwasher, RefrigeratorLaundry Features: InGarage -
Heating & Cooling
Has Heating: Yes Heating: Central, WallFurnace Has Cooling: Yes Cooling: CentralAir, WallWindowUnits
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Building Information
Year Built: 1952Building Area Total: 3610Construction Materials: BlockStories: 2Patio And Porch Features: Deck, Patio, BalconyPrivate Pool: NoWater front Features: None -
Exterior Features
Exterior Features: Balcony, OutdoorLivingArea
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Lot Information
Lot Dimensions: 100.0 ft x 85.0 ft Main Square Feet: 8506 Lot Size Acres: 0.2 Lot Description: SprinklersAutomatic,LessThanQuarterAcreProperty Information
Subdivision: JEANETTE COURT Source Property Type: Residential MLS Area Minor: PB11 Property SubType: Single Family Residence Direction Faces: North Levels: MultiSplit,Two Property Age: 74
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Listing Price Information
Listing Price: $5500000Original Price: $5750000Cash
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Tax Information
Parcel Number: 50434315060000110 Tax Year: 2025 Annual Tax: $62501.1 Tax Legal Desc: JEANETTE COURT ADD LTS 11 & 12
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Virtual Tour
Parking Information
Attached, GarageGarage Information
Has Garage: Yes Has Attached Garage: Yes Garage Space: 1 Pets Allowed: YesHomeowners Association Information
Association Amenities: None
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Utility Information
SewerAvailable, WaterAvailable -
Location Information
Direction: From Royal Poinciana Way, head North on N County Rd, then turn left onto Oleander Ave, property will be on the left. Security Features: ClosedCircuitCameras
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 238 Phipps Plaza, Palm Beach, FL, 33480 | $9,900,000 | 3 | 3 | 1,724 | -- |
| 254 Atlantic Avenue, Palm Beach, FL, 33480 | $13,495,000 | 5 | 6 | 4,853 | 10,000 Sqft |
| 624 N Lake Way, Palm Beach, FL, 33480 | $12,900,000 | 4 | 5 | 4,179 | 17,424 Sqft |
| 208 Sandpiper Drive, Palm Beach, FL, 33480 | $14,000,000 | 4 | 5 | 3,490 | 12,800 Sqft |
| 225 Jamaica Lane, Palm Beach, FL, 33480 | $9,200,000 | 3 | 5 | 3,137 | 11,326 Sqft |
| 9 Via Vizcaya, Palm Beach, FL, 33480 | $37,900,000 | 7 | 13 | 8,475 | 33,096 Sqft |
| 680 S Ocean Boulevard, Palm Beach, FL, 33480 | $80,000,000 | 6 | 8 | 9,025 | 32,760 Sqft |
| 790 S County Road, Palm Beach, FL, 33480 | $105,000,000 | 7 | 13 | 14,302 | 43,831 Sqft |
| 2760 S Ocean Boulevard .., Palm Beach, FL, 33480 | $680,000 | 2 | 2 | 1,212 | 147,025 Sqft |
| 246 Emerald Lane, Palm Beach, FL, 33480 | $19,950,000 | 6 | 7 | 4,844 | 15,246 Sqft |
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ByOwner last updated this listing 09/10/2026 @ 17:11
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