Address226 Oleander Avenue, Palm Beach, FL, 33480

Price$6,500,000

  • Land

    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 (PCID 50-43-43-15-06-000-0060) and 216 Oleander (PCID 50-43-43-15-06-000-0050). The income producing multi-family at 216 Oleander includes two 1 BR units and a studio. The one BR 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! *structure still on property subject to demolition/teardown*

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    Essential Information

    • MLS® #24-333
    • Price$6,500,000
    • Taxes$51,699 (2023)
    • Bathrooms0.00
    • Acres0.20
    • TypeLand
    • StatusActive

    Community Information

    • Address226 Oleander Avenue
    • SubdivisionJeanette Court
    • CityPalm Beach
    • CountyPalm Beach
    • StateFL
    • Zip Code33480

    Sub-Type

    Residential, Single Family Detached

    Area

    02 - Worth Ave North to Wells Rd

    Exterior

    • Lot DescriptionUp To 10,889 SF

    Additional Information

    • Days on Website11
    • ZoningR-C - Medium Density

    Listing Details

    • OfficeCompass Florida LLC

    The data relating to real estate for sale on this web site comes in part from a cooperative data exchange program of Palm Beach Board of Realtors Multiple Listing Service. Real estate listings held by brokerage firms other than NV Realty Group are marked with the listing broker's logo or name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed.

    The broker providing this data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.

    © 2024 Palm Beach Board of Realtors Multiple Listing Service. All Rights Reserved.

    Charleston Trident Association of Realtors Logo The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than NV Realty Group are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

    The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.

    Copyright 2024 Charleston Trident Multiple Listing Service, Inc. All rights reserved.

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