# 240 Oleander Avenue, Palm Beach, FL 33480 > **TL;DR:** 4bd/4ba single family, $5,200,000 ($1913/sqft), built 1952, 2,718 sqft. > A/C, 1-car garage. Est. $27,811/mo. Listed 255 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $5,200,000 | | Price/sqft | $1913 | | Bedrooms | 4 | | Bathrooms | 4 full | | Square Feet | 2,718 | | Year Built | 1952 | | Lot Size | 8,712 sqft (0.20 acres) | | Stories | 2 | | Garage | 1-car | | Property Type | Single Family (Single Family Residence) | | Status | Active | | Days on Market | 255 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $26,294 | | Estimated Insurance | $1,517 | | **Total** | **$27,811** | ## Key Amenities - A/C - 1-car garage ## Property Highlights - Built in 1952 - 0.20 acre lot - 2 stories ## Description ### Agent Description 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. ## Location - **Address:** 240 Oleander Avenue, Palm Beach, FL 33480 - **County:** Palm Beach - **Neighborhood:** JEANETTE COURT - **Coordinates:** 26.721293, -80.039671 - **Google Maps:** https://www.google.com/maps?q=26.721293,-80.039671 ## Virtual Tour & Media - **Video Tour:** https://www.propertypanorama.com/240-Oleander-Avenue-Palm-Beach-FL-33480/unbranded ## Listing Agent - **Name:** Jeffrey Creegan · **License:** 3432383 - **Brokerage:** Compass - **Broker Phone:** (999) 999-9999 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/240-Oleander-Ave_Palm-Beach_FL_33480_M51066-15086?f=listhub&s=RMLSFL&m=R11164744&c=propsimple) ## Photos ![240 Oleander Avenue - Photo 1](http://lh.rdcpix.com/2dc9a25895be5aee6e3df2169a049bfel-f323252442r.jpg) ![240 Oleander Avenue - Photo 2](http://lh.rdcpix.com/2dc9a25895be5aee6e3df2169a049bfel-f1447194543r.jpg) ![240 Oleander Avenue - Photo 3](http://lh.rdcpix.com/2dc9a25895be5aee6e3df2169a049bfel-f655444532r.jpg) ![240 Oleander Avenue - Photo 4](http://lh.rdcpix.com/2dc9a25895be5aee6e3df2169a049bfel-f1658671162r.jpg) ![240 Oleander Avenue - Photo 5](http://lh.rdcpix.com/2dc9a25895be5aee6e3df2169a049bfel-f3687848768r.jpg) ![240 Oleander Avenue - Photo 6](http://lh.rdcpix.com/2dc9a25895be5aee6e3df2169a049bfel-f1702332190r.jpg) ![240 Oleander Avenue - Photo 7](http://lh.rdcpix.com/2dc9a25895be5aee6e3df2169a049bfel-f2450927102r.jpg) ![240 Oleander Avenue - Photo 8](http://lh.rdcpix.com/2dc9a25895be5aee6e3df2169a049bfel-f3852710581r.jpg) ![240 Oleander Avenue - Photo 9](http://lh.rdcpix.com/2dc9a25895be5aee6e3df2169a049bfel-f1951733195r.jpg) ![240 Oleander Avenue - Photo 10](http://lh.rdcpix.com/2dc9a25895be5aee6e3df2169a049bfel-f3198540720r.jpg) ![240 Oleander Avenue - Photo 11](http://lh.rdcpix.com/2dc9a25895be5aee6e3df2169a049bfel-f3120244925r.jpg) ![240 Oleander Avenue - Photo 12](http://lh.rdcpix.com/2dc9a25895be5aee6e3df2169a049bfel-f2828015579r.jpg) ![240 Oleander Avenue - Photo 13](http://lh.rdcpix.com/2dc9a25895be5aee6e3df2169a049bfel-f2182748516r.jpg) --- **MLS#:** R11164744 | **Updated:** 2026-10-23 **Source:** listhub *Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://staging.propertysimple.ai/listing/240-oleander-avenue-palm-beach-fl-33480-b9715c1d5d8e412aa8792e92cfbc1145) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://staging.propertysimple.ai/listing/240-oleander-avenue-palm-beach-fl-33480-b9715c1d5d8e412aa8792e92cfbc1145#listing", "url": "https://staging.propertysimple.ai/listing/240-oleander-avenue-palm-beach-fl-33480-b9715c1d5d8e412aa8792e92cfbc1145", "name": "240 Oleander Avenue, Palm Beach, FL 33480", "description": "The best opportunity to build your dream home in Palm Beach is here. 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