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    (845) 398-1717 susan@ImagineProperties1.com
    • 100 Dutch Hill Rd Suite 260
      Orangeburg, NY 10962
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    Home / Palm Beach / 240 Oleander Avenue
    240 Oleander Avenue Palm Beach, FL 33480 240 Oleander Avenue Palm Beach, FL 33480 240 Oleander Avenue Palm Beach, FL 33480 240 Oleander Avenue Palm Beach, FL 33480 240 Oleander Avenue Palm Beach, FL 33480 240 Oleander Avenue Palm Beach, FL 33480 240 Oleander Avenue Palm Beach, FL 33480 240 Oleander Avenue Palm Beach, FL 33480 240 Oleander Avenue Palm Beach, FL 33480 240 Oleander Avenue Palm Beach, FL 33480 240 Oleander Avenue Palm Beach, FL 33480 240 Oleander Avenue Palm Beach, FL 33480 240 Oleander Avenue Palm Beach, FL 33480 View All Photos

    $5,500,000

    | Active

    240 Oleander Avenue

    Palm Beach, FL 33480

    2,718
    Square Feet
    4
    Beds
    4
    Baths
    0.20
    Acres
    178
    Days on Market
    R11164744
    MLS#
    House
    Structure
    Residential
    Zone
    Contact

    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
    Interior
    Split Bedroom, Utility/Laundry In Garage, Utility Room, Utility Room/Laundry
    Cooling
    1
    Heating
    Central, Window/Wall
    Cooling Features
    Central Air, Wall/Window Unit(s)
    Bedrooms
    4
    Bathrooms
    4.0
    Full Baths
    4
    Lot Features
    Less Than 1/4 Acre Lot
    Stories
    2
    Lot Description
    Less Than 1/4 Acre Lot
    Acres
    0.195
    Square Feet
    2718
    Lot Size (sqft)
    8506.0
    Parking Features
    1 Space, 2 Or More Spaces, Parking Garage
    Parking
    1
    Parking Spaces
    1
    Parking Type
    Garage
    Parking Garage Spaces
    1
    Property Type
    Purchase
    Style
    Split Level
    Year Built
    1952
    Roof
    Comp Shingle Roof, Composition Roll, Shingle
    Sewer Information
    At Site, Public Sewer, Other, Public Sanitation, Sewer
    Utility Features
    Sewer Connected, Water Connected, Sewer Available, Water Available
    Appliances
    Dishwasher, Dryer, Refrigerator
    Subdivision
    JEANETTE COURT
    County
    Palm Beach County
    Region
    Palm Beach
    Zoning
    R-C
    Original List Price
    $5,750,000
    Taxes Annual
    $62,501
    Pets
    1
    MLS #
    R11164744
    Location
    Legal

    MIAMI ASSOCIATION OF REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Marjo Realty Co. may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS.

    Last Updated: Sep 2, 2026 3:14 PM. Source: MAOR

    Provided By
    Listed by Jeffrey Creegan (#FLL276549877), Email: creeganrealty@gmail.com
    Listing Office: Compass Florida LLC (#FLL276611618)

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