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216 Oleander Avenue Palm Beach FL 33480 MLS #RX-11010260

216 Oleander Avenue

Palm Beach, FL, 33480

$3,000,000

3 Beds

3 Baths

1,492 SqFt

0.1 Acres

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4,251 SF lot available on Oleander, steps away from Beach, Shopping, Restaurants, Golf & Tennis. Combine with the available lot next door for a 8,502 SF lot. Neighboring precedent justifies a 2,500 SF structure on a single lot or up to a 4,500+ SF single family home on the combined lot. All dependent on use of outdoor space and approval from ARCOM and Town Council.The property currently grosses $6,000/mo from rental income. Earn income while waiting for ARCOM and Town Council approvals.

Property Details

Price:

$3,000,000

MLS #:

RX-11010260

Status:

Active

Beds:

3

Baths:

3

Address:

216 Oleander Avenue

Type:

Single Family

Subtype:

Single Family Detached

Subdivision:

JEANETTE COURT ADD IN

City:

Palm Beach

Listed Date:

Aug 6, 2024

State:

FL

Finished Sq Ft:

1,492

ZIP:

33480

Lot Size:

4,251 sqft / 0.10 acres (approx)

Year Built:

1955

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Cynthia Nalley

Managing Broker

Cell Phone 561 309-7770

cynthia@acquirepb.com

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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