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About This Home

This 4-bedroom, 4-bathroom single family at 240 Oleander Avenue in Palm Beach, FL is listed for $5,750,000 ($2,116 per sqft). Built in 1952, the home offers 2,718 sqft of living space on a N/A lot.

Agent Description

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

Key Features

  • Built in 1952
  • 2 stories
  • 1 parking spaces

Property Details

2 stories
4 full
1 space
1952

Monthly Cost Estimate

$30,752/mo

20% down · 6.5% · 30 years

Principal$4,158
Interest$24,917
Insurance$1,677

Estimates only. Actual payments may vary.

Location

240 Oleander Avenue

Palm Beach, FL 33480

JEANETTE COURT

Features & Amenities

Interior Features

Split Bedroom

Exterior Features

Auto SprinklerDeckOpen Patio

Property Details

Flooring

CarpetTileTile - CeramicWood

Construction

Block

Parking

Garage

Heating

Central

Cooling

Central AirWall/Window Unit(s)

Appliances

DishwasherDryerRefrigeratorWasher

Questions & Answers

This 4-bedroom, 4-bathroom single family at 240 Oleander Avenue is listed at $5,750,000 ($2,116/sqft). The estimated monthly payment is $24,917 based on 20% down at 6.5% interest.

Key features include: Built in 1952, 2 stories, 1 parking spaces. Interior Features: Split Bedroom. Exterior Features: Auto Sprinkler, Deck, Open Patio.

This property is listed by Jeffrey Creegan and can be reached at 5619399819 or creeganrealty@gmail.com.

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JC

Jeffrey Creegan

Agent at Compass Florida LLC

(561) 939-9819

Listed by Compass Florida LLC · View on Broker Site

MLS# RX-11164744· Source: listhub· Updated 51 days ago

Copyright © 2026 BeachesMLS / Flexmls. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

240 Oleander Avenue, Palm Beach, FL 33480

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