Address
226 Oleander Avenue, Palm Beach, FL
Price
$ 6,500,000
Property Attributes
  • MLS#RX10961331
  • TypeSingle Family
  • CountyPALM BEACH
  • CityPalm Beach
  • Area5002
  • NeighborhoodJeanette Court
  • Zip33480
  • Style
  • Year Built1955
  • Taxes$ 23890
  • Price$ 6,500,000
  • Bedrooms3
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage1452
  • Lot Size8,500 SqFt
Data Source:
Beaches MLS
Property Description

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!

Price History
2/20/2024 Listed $6,900,000
4/2/2024 6% - $6,500,000

General Features

Interior Features None
Construction CBS,Stucco
Heating No Heat
Cooling Wall-Win A/C
Utilities Cable,Electric,Gas Natural,Public Sewer
Possession At Closing,Subject to Lease
Parking 2+ Spaces,Driveway,Street
Pets Allowed Yes
Zoning R-C(ci
HOA None
Number of Garage Spaces 0.00
Status Active
Full Baths 3
Year Built 1955
REO No
Subdivision JEANETTE COURT
Type Single Family Detached
Rooms Studio Bedroom
Property Type A
Area 5002
Auction No
Tax Year 2023
Terms Considered Cash,Conventional,VA
Short Sale No
Restrict None
Taxes 23890.30
Geo Lat 26.721272
Adult 55+ No Hopa
Governing Bodies None
Membership Fee Required No
Virtual Tour https://www.propertypanorama.com/226-Oleander-Avenue-Palm-Beach-FL-33480--RX-10961331/unbranded
Geo Area PB30
Geo Lon -80.038828
Legal Description JEANETTE COURT LT 6

Interior Features

Flooring Other
Furnished Y/N Unfurnished
Total Bedrooms 3
Master Bedroom/Bath Mstr Bdrm - Ground,Mstr Bdrm - Upstairs
Unit Desc Multi-Level
Total Bathrooms 3.00
SqFt - Living 1452.00
Total Floors/Stories 2.00
Equip/Appl Included Dryer,Range - Gas,Refrigerator,Washer

Exterior Features

Lot Description < 1/4 Acre
Waterfront No
Waterfront None
Private Pool Y/N Yes
Lot Dimensions 100 x 85
Subdiv. Amenities None
Storm Protection None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 33480

Price
AVG $18.66M
$6.5M
Taxes
AVG $93,084
$23,890
Visits
AVG 541
197
Data Provided by Inside Real Estate®
Year Built
AVG 1975
1955

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