212 Oleander Avenue Palm Beach, FL ^$ 6,250,000

212 Oleander Avenue

^$ 6,250,000

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212 Oleander Avenue

Palm Beach, FL, 33480

^$ 6,250,000

Bedrooms-- Baths12.0 Sq 3,680

Monthly Estimate*

^$ 38,992

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Commercial Property for sale in Palm Beach, FL

for $6,250,000 with 12 full baths. This 3,680 square foot building was built in 1928.

Exceptional investment opportunity in Palm Beach! This fully renovated 8-unit multi-family building is ideally located just one block from the Ocean and one block from the scenic Lake Trail. The property offers a desirable unit mix: 4 studio apartments, 2 one-bedroom/1.5-bath units, and 2 two-bedroom/two-bath units. Every residence has been updated from top to bottom and features impact-rated windows and doors. The building is fully leased, providing immediate cash flow in one of South Florida's most sought-after markets. With its prime location and modern upgrades, this property is a rare chance to own a turnkey asset in Palm Beach.

Commercial Active

Price

^$ 6,250,000

Full Bath

Property Type

Commercial

Taxes

^$ 35,622

Style

Income

Year Built

1928

Town/City

Palm Beach

County/Region

Palm Beach

MLS | Web ID

RX11126123

Features

General

Construction Stucco

Heating Electric

Cooling Central Individual Humidistat Wall-Win A/C

Utilities Cable Electric Public Sewer Public Water

Possession Funding Subject to Lease

Roof Other

Zoning R-C(ci

Status Active

Year Built 1928

Subdivision JEANETTE COURT

Stories Count 2.0

Type MultiFamily (5+ Units)

Property Type E

Area 5002

Auction No

Tax Year 2024

Terms Considered Cash Conventional

Use Income

Virtual Tour https://www.propertypanorama.com/212-Oleander-Avenue-Palm-Beach-FL-33480/unbranded

Geo Area PB30

Legal Description JEANETTE COURT ADD LT 4

Exterior

Waterfront No

Lot Size 0.10

Interior

Flooring Tile Wood Floor

Total Number of Units 8

Internal Only

OriginalMLSID RX-11126123

* Excluded Features

List By

Matthias Jay Fretz

Listing Agent

Douglas Elliman (Jupiter)

Broker

matthias.fretz@elliman.com

Affordability Calculator

$41,960

Per Month

Monthly Principal & Interest: $38,992
Monthly Property Taxes: $2,969
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Palm Beach, FL

Average List Price ^$9,443,946

Percent of Sale Price 51%

About Palm Beach, FL

7,939 Population

-10% Since 2002

^$113,276 Median Income

70 Median Age

4% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

368239 Elementary School

368240 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/23/2025	$6,250,000		Listed Price

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212 Oleander Avenue, Palm Beach, FL, 33480 is a Commercial Property for sale at $6,250,000 with 3,680 sqft. 212 Oleander Avenue has 12.0 baths and was built in 1928. The property's zip code is 33480 which is in Palm Beach, FL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Multiple Listing Service of BeachesMLS. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 12/26/2025.

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212 Oleander Avenue

Commercial Property for sale in Palm Beach, FL

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