226 Oleander Avenue Palm Beach FL 33480 MLS #RX-10961331

226 Oleander Avenue
Palm Beach, FL, 33480
$6,500,000
3 Beds
3 Baths
1,492 SqFt
0.2 Acres
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Amazing opportunity In-Town! Buy this vacant lot with at total of 4,250 sq ft and the multi-family property next to it for a combined lot of 8,500+ sq ft. Sale includes both properties at 226 Oleander and 216 Oleander. The income producing multi-family at 216 Oleander includes two one bedroom units and a studio. The one bedroom units generate an income of $2,900 and $3,100 a month in rent. The studio is currently not rented. Build new on combined lots, or keep the existing multi-family and utilize the vacant lot however you choose, the options are endless here! This unbeatable In-Town location offers walkability to the beach, lake trail, shopping, and dining!

Property Details

Price:
$6,500,000
MLS #:
RX-10961331
Status:
Active
Beds:
3
Baths:
3
Address:
226 Oleander Avenue
Type:
Single Family
Subtype:
Single Family Detached
Subdivision:
JEANETTE COURT
City:
Palm Beach
Listed Date:
Feb 20, 2024
State:
FL
Finished Sq Ft:
1,492
ZIP:
33480
Lot Size:
8,500 sqft / 0.20 acres (approx)
Year Built:
1955
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Cynthia Nalley

Cynthia Nalley

Managing Broker

Cell Phone 561 309-7770

Cynthia Nalley is Co-Broker of Acquire Palm Beach and manages the business operations in addition to real estate transactions. She is a Project Management Professional (PMP) who has created technology systems and managed complex projects for SunTrust, Citibank, JP Morgan Chase, and many more. Cynthia is a longtime Downtown West Palm Beach resident and advocate. She serves on the WPB Downtown Development Authority Board of Directors and is Vice President of the WPB Downtown Neighborhood Associa…

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Schools

Interior

Pets Allowed
Yes

Exterior

Garage Spaces
0.00
Homeowners Assoc
None
Storm Protection
None
Total Floors/ Stories
2.00

Financial

Buyer Agent Compensation
3%%

Map

Community

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Listing courtesy of Compass Florida LLC (PB), (305)–851–2820

© 2024 Beaches Multiple Listing Service BMLS. Information deemed reliable, but not guaranteed.
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226 Oleander Avenue
Palm Beach, FL