$5,750,000
Palm Beach, FL 33480
MLS# R11164744
4 beds | 4 baths | 3610 sqft
1 / 13
Property 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
Details
Documents
Contract Information
Comp Sale YN: No
Listing Contract Date: 2026-02-15
Status: Active
Original List Price: 5750000
List Price: $5,750,000
Current Price: $5,750,000
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
City Name: Palm Beach
Postal Zip: 33480
Geographic Area: PB11
Special Assessment YN: No
Country: United States
Street Number: 240
Street Name: Oleander
Street Suffix: Avenue
State Or Province: FL
Postal Code: 33480
Subdivision Name: JEANETTE COURT
Area: 4110
Parcel Number: 50434315060000110
Zoning: R-C
Directions: From Royal Poinciana Way, head North on N County Rd, then turn left onto Oleander Ave, property will be on the left.
General Property Information
Living Area Main: 2718
Lot Size Dimensions: 100.0 ft x 85.0 ft
Gated Community YN: No
Lot Size Area: 8506
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Furnished: Unfurnished
Stories Total: 2
Stories: 2
Pool Private YN: No
Property Sub Type: Single Family Residence
Bedrooms Total: 4
Bathrooms Total: 4
Bathrooms Full: 4
Building Area Main: 3610
Building Area Source: Public Records
Year Built: 1952
Garage YN: 1
Attached Garage YN: 1
Garage Spaces: 1
Covered Spaces: 1
Lot Size Acres: 0.2
Direction Faces: North
Financial Information
Association Deposit YN: No
Membership Fee Required YN: No
Tax Annual Amount: 62501.1
Tax Year: 2025
Tax Legal Description: JEANETTE COURT ADD LTS 11 & 12
Office/Member Information
DXORIGMLSID: RML
Amenities
None: 1
Dining Area
Dining/Living Room: 1
Electric
Three Phase: 1
Flooring
Carpet: 1
Ceramic Tile: 1
Wood: 1
Parking Features
Attached Garage: 1
Garage: 1
Parking Information
Open Parking Spaces: 4
Property Condition
Resale: 1
Short Sale Details
Short Sale Addendum: No
Possession
Negotiable: 1
Sewer
Public Sewer: 1
Utilities
Sewer Available: 1
Water Available: 1
Heating
Central: 1
Window/Wall: 1
Sprinkler Description
Auto Sprinkler: 1
Water Access
None: 1
Appliances
Dishwasher: 1
Dryer: 1
Refrigerator: 1
Construction Materials
Block: 1
CBS: 1
Interior Features
Bedroom Layout - Split: 1
Laundry Features
In Garage: 1
Levels
Multi/Split: 1
Listing Terms
Cash: 1
Roof
Composition: 1
Shingle: 1
Security Features
Closed Circuit Camera(s): 1
Architectural Style
Traditional: 1
Capital Contributions
Capital Contributions YN: No
Cooling
Central Air: 1
Wall/Window Unit(s): 1
Showing Requirements
Call Listing Agent: 1
Main Level Rooms
Main Level Bathrooms: 2
Main Level Bedrooms: 2
Master Bedroom/Bath
None: 1
Pets Allowed YN
Yes: 1
Restrictions
Other Restrictions: 1
Storm Protection Details
None: 1
Tax Information
City/County: 1
Showing Details
Pet(s) on Premises: Yes
Outdoor Living Spaces
Balcony: 1
Deck: 1
Patio: 1
Patio Details
Patio - Open: 1
Room Types
Kitchen: 1
Kitchen Level: Main
Laundry: 1
Living Room: 1
Living Room Level: Main
Master Bedroom: 1
Master Bedroom Level: Main
Utility Room: 1
Price Calculations
Current Price To SqFt: 2115.52
Acreage Description
Less Than 1/4 Acre Lot: 1
Status Change Information
Major Change Timestamp: 2026-02-18T18:49:23Z
Major Change Type: New Listing
Status Change Date: 2026-02-18
Originating Details
Originating System Key: 20260218182223025980000000
Originating System ID: M00000170
Property Features
Dining Area: Dining/Living Room
Electric: Three Phase
Flooring: Carpet; Ceramic Tile; Wood
Parking Features: Attached Garage; Garage
Property Condition: Resale
Appliances: Dishwasher; Dryer; Refrigerator
Architectural Style: Traditional
Construction Materials: Block; CBS
Cooling: Central Air; Wall/Window Unit(s)
Heating: Central; Window/Wall
Interior Features: Bedroom Layout - Split
Laundry Features: In Garage
Levels: Multi/Split
Listing Terms: Cash
Pets Allowed YN: Yes
Possession: Negotiable
Restrictions: Other Restrictions
Roof: Composition; Shingle
Security Features: Closed Circuit Camera(s)
Sewer: Public Sewer
Sprinkler Description: Auto Sprinkler
Storm Protection Details: None
Tax Information: City/County
Utilities: Sewer Available; Water Available
Water Access: None
Showing Requirements: Call Listing Agent
Outdoor Living Spaces: Balcony; Deck; Patio
Patio Details: Patio - Open
Room Types: Kitchen; Laundry; Living Room; Master Bedroom; Utility Room
Acreage Description: Less Than 1/4 Acre Lot
Supplements
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.
Room Information
| Room Name | Length | Length | Width | Width | Level |
| Living Room | 0.00 | 0.00 | 0.00 | 0.00 | Main |
| Kitchen | 0.00 | 0.00 | 0.00 | 0.00 | Main |
| Master Bedroom | 9.00 | 9.00 | 0.00 | 0.00 | Main |
| Laundry | |||||
| Utility Room |
Survey 
Listing Office: Compass Florida LLC
Last Updated: February - 19 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
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