About 212 Oleander Avenue
Exceptional investment opportunity in Palm Beach! This fully renovated 8-unit multi-family building is ideally located just one block from the Ocean and one block from the scenic Lake Trail. The property offers a desirable unit mix: 4 studio apartments, 2 one-bedroom/1.5-bath units, and 2 two-bedroom/two-bath units. Every residence has been updated from top to bottom and features impact-rated windows and doors. The building is fully leased, providing immediate cash flow in one of South Florida's most sought-after markets. With its prime location and modern upgrades, this property is a rare chance to own a turnkey asset in Palm Beach.
Features of 212 Oleander Avenue
| MLS® # | RX-11126123 |
|---|---|
| Price | $6,250,000 |
| Square Footage | 3,680 |
| Acres | 0.10 |
| Year Built | 1928 |
| Type | Commercial |
| Sub-Type | Income |
| Style | Resident. Multi-Fam. |
| Status | Active |
Community Information
| Address | 212 Oleander Avenue |
|---|---|
| Area | 5002 |
| Subdivision | JEANETTE COURT |
| City | Palm Beach |
| County | Palm Beach |
| State | FL |
| Zip Code | 33480 |
Amenities
| Utilities | 3-Phase Electric, Cable, Public Sewer, Public Water |
|---|---|
| Is Waterfront | No |
Interior
| Appliances | Building and Land |
|---|---|
| Heating | Electric |
| Cooling | Wall-Win A/C, Central Individual, Humidistat |
| # of Stories | 2 |
Exterior
| Lot Description | Multi-Family |
|---|---|
| Roof | Other |
| Construction | Frame/Stucco |
Additional Information
| Zoning | R-C(ci |
|---|---|
| RE / Bank Owned | No |
Listing Details
| Office | Douglas Elliman (Jupiter) |
|---|