240 Oleander Ave, Palm Beach, FL 33480
As of , this 4 bedroom, 4 bath house is for sale at $5,200,000 ($1,913 per sq ft). It was listed on .
MLS data updated .
Key facts
- Type
- House
- Year built
- 1952
- Property tax
- $62,501 (2025)
- Parking
- 1 garage space
- Waterfront
- No
- Pets
- Pets allowed
- Cooling
- Central Air, Wall Window Units
- Heating
- Central, Wall Furnace
- MLS number
- R11164744
Listing information
Listing courtesy of Compass Florida LLC, 561-285-4283, brokerfl@compass.com
Listing agent: Jeffrey Creegan, creeganrealty@gmail.com
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MIAMI MLS. Listing data from MIAMI MLS (South East Florida Regional MLS). Information is deemed reliable but not guaranteed.
Listing information is provided for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify homes consumers may want to buy or rent.
Listing last changed .
From the listing
The best opportunity to build your dream home in Palm Beach is here. 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.
The text above is the listing description from the MLS, as written by the listing agent.
The Palm Beach market
As of , the median asking price in Palm Beach is $2,597,500, or $1,452 per sq ft, across 243 listings for sale. The median listing for sale there has been on the market for 79 days.
Price and status history
- Listing date
- Days on market
- 229
- Original list price
- $5,750,000
- Price changes
- 2
| Date | Event | Price |
|---|---|---|
| Price changed | $5,500,000 → $5,200,000 | |
| Before Sep 28, 2026 | Price changed | $5,750,000 → $5,500,000 |
| Listed | $5,750,000 |
From the MLS. RealVista does not show sold prices.
