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240 Oleander Avenue Palm Beach, FL $ 5,750,000
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$ 5,750,000 Get more info
240 Oleander Avenue
$ 5,750,000
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240 Oleander Avenue

Palm Beach, FL, 33480
$ 5,750,000
Bedrooms4 Baths4.0 Sq 2,718

Monthly Estimate*

$ 35,404

240 Oleander Avenue, Palm Beach, FL 33480 - Image 1
240 Oleander Avenue, Palm Beach, FL 33480 - Image 2
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240 Oleander Avenue, Palm Beach, FL 33480 - Image 9
240 Oleander Avenue, Palm Beach, FL 33480 - Image 10
240 Oleander Avenue, Palm Beach, FL 33480 - Image 11
240 Oleander Avenue, Palm Beach, FL 33480 - Image 12
240 Oleander Avenue, Palm Beach, FL 33480 - Image 13
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Single Family Home for sale in Palm Beach, FL

for $5,750,000 with 4 bedrooms and 4 full baths. This 2,718 square foot home was built in 1952 on a lot size of 0.195271.

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 rooftopdeck, 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.

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Single Family Active

Price

$ 5,750,000

Bedrooms

4

Full Bath

4

Property Type

Single Family

Taxes

$ 62,501

Style

Traditional

Lot Size

0.195271

Year Built

1952

Town/City

Palm Beach

County/Region

Palm Beach

MLS | Web ID

RX11164744
Features
Exterior
Lot Description < 1/4 Acre
Exterior Amenities Auto Sprinkler Deck Open Patio
Waterfront No None
Design Traditional
Private Pool Y/N No
Lot Dimensions 100.0 ft x 85.0 ft
Subdiv. Amenities None
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Interior
Interior Amenities Split Bedroom
Dining Area Dining-Living
Flooring Carpet Ceramic Tile Wood Floor
Furnished Y/N Unfurnished
Total Bedrooms 4
Master Bedroom/Bath None
Unit Desc Multi-Level
Total Bathrooms 4.00
SqFt - Living 2718.00
Total Floors/Stories 2.00
Equip/Appl Included Dishwasher Dryer Refrigerator
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General
Construction Block CBS
Heating Central Window/Wall
Cooling Central Wall-Win A/C
Utilities Electric Public Sewer Water Available
Possession Funding
Roof Comp Shingle
Parking 2+ Spaces Garage - Attached
Pets Allowed Yes
Zoning R-C
HOA None
Number of Garage Spaces 1.00
Security TV Camera
Status Active
Full Baths 4
Half Baths 0
Year Built 1952
REO No
Subdivision JEANETTE COURT
Type Single Family Detached
Rooms Laundry-Garage Util-Garage
Property Type A
Area 4110
Auction No
Tax Year 2025
Terms Considered Cash
Gated Community No
Short Sale No
Restrict Other
Taxes 62501.10
Adult 55+ No Hopa
Governing Bodies None
Membership Fee Required No
Virtual Tour https://www.propertypanorama.com/240-Oleander-Avenue-Palm-Beach-FL-33480/unbranded
Geo Area PB11
Legal Description JEANETTE COURT ADD LTS 11 & 12
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Internal Only
OriginalMLSID RX-11164744
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* Excluded Features
List By
Jeffrey Creegan

Listing Agent

Compass Florida Llc

Broker

creeganrealty@gmail.com

Email

Affordability Calculator

$40,612
Per Month
87%
13%
0%
Monthly Principal & Interest
$35,404
Monthly Property Taxes
$5,208
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
368239 Elementary School
368240 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
2/18/2026 $5,750,000 Listed Price

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240 Oleander Avenue, Palm Beach, FL, 33480 is a Single Family Home for sale at $5,750,000 with 2,718 sqft and a lot size of 0.195271. 240 Oleander Avenue has 4 bedrooms, 4.0 baths, and was built in 1952. The property's zip code is 33480 which is in Palm Beach, FL

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