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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
240 Oleander Avenue, Palm Beach, FL 33480 - Image 3
240 Oleander Avenue, Palm Beach, FL 33480 - Image 4
240 Oleander Avenue, Palm Beach, FL 33480 - Image 5
240 Oleander Avenue, Palm Beach, FL 33480 - Image 6
240 Oleander Avenue, Palm Beach, FL 33480 - Image 7
240 Oleander Avenue, Palm Beach, FL 33480 - Image 8
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 0.2.

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.

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Single Family Active

Price

$ 5,750,000

Bedrooms

4

Full Bath

4

Property Type

Single Family

Taxes

$ 62,501

Style

Lot Size

0.2

Year Built

1952

Town/City

Palm Beach

County/Region

Palm Beach

MLS | Web ID

R11164744
Features
General
Sewer Public Sewer
Heating Central Wall Furnace
Cooling Central Air Wall/Window Unit(s)
Utilities Sewer Available Water Available
Possession Negotiable
Roof Composition Shingle
Appliances Dryer Dishwasher Refrigerator
Garage Spaces 1
Patio/Porch Features Deck Patio Balcony
Architectural Style Traditional
Security Features Closed Circuit Camera(s)
Construction Materials Block
Pets Allowed Yes
Year Built 1952
Electric 3 Phase
Stories Count 2
Levels Multi/Split Two
Property Subtype Single Family Residence
Tax Year 2025
Waterfront Features None
County Palm Beach
New Construction false
Property Type Residential
Association Amenities None
Attached Garage true
Subdivision Name JEANETTE COURT
Facing Direction North
Garage Y/N true
Total Rooms 5
Full Baths 4
Status Active
Directions From Royal Poinciana Way head North on N County Rd then turn left onto Oleander Ave property will be on the left.
City Palm Beach
Senior Community Y/N false
MLS Area 4110
Tax Annual Amount 62501.1
Property Condition Resale
Virtual Tour https://www.propertypanorama.com/240-Oleander-Avenue-Palm-Beach-FL-33480/unbranded
Standard Status Active
Property Sub Type Additional Single Family Residence
Legal Description JEANETTE COURT ADD LTS 11 & 12
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Interior
Interior Amenities Living/Dining Room None Split Bedrooms
Flooring Carpet Ceramic Tile Wood
Furnished Y/N Unfurnished
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Half Baths 0
Laundry Features In Garage
Total Bedrooms 4
Main Level Bedrooms 2
Main Level Bathrooms 2
Total Baths 4
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Exterior
Exterior Amenities Balcony Outdoor Living Area
Parking Features Attached Garage
Lot Features Sprinklers Automatic < 1/4 Acre
Lot Size Area 8506
Building Area Total 3610
Lot Dimensions 100.0 ft x 85.0 ft
Lot Size Acres 0.2
Waterfront Y/N false
Covered Spaces 1
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* Excluded Features
List By
Jeffrey Creegan

Listing Agent

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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
2/19/2026 $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 0.2. 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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