$6,250,000

212 Oleander Avenue, Palm Beach, FL 33480

  • 12 baths |
  • 3,680 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1928
  • Property Lot Size Icon4,356sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $1,698/sqft
  • Property List Date Icon Listed 4 months ago

Property Description

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.

Listing Status:
Active
Date Added:
September 22, 2025
Data Last Updated:
February 9, 2026 at 11:20PM
Listing Office:
Douglas Elliman (Jupiter) : 561-653-6100
Listing Agent:
Matthias Jay Fretz : 561-676-3824
MLS ID:
R11126123
  • Flooring: TileWood
  • A/C: Central AirHumidity ControlWall/Window Unit(s)
  • Heating: Electric
  • Roofing: Other
  • General: Stucco2
  • Originating MLS: BEACH_BEACH
  • County: Palm Beach
  • Zoning: R-C(ciJEANETTE COURT ADD LT 450434315060000040
  • Utilities: Cable Available3 Phase
  • Water: Public
  • Sewer: Public Sewer
  • Source: BEACH_BEACH

This listing courtesy of Matthias Jay Fretz , Douglas Elliman (Jupiter)

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

P

Palm Beach Public School

239 Cocoanut Row, Palm Beach, FL, 33480

Grades KG-5

1.00 miles away

R

Roosevelt Community Middle School

1900 N Australian Ave, West Palm Beach, FL, 33407

Grades 6-8

1.78 miles away

A

Alexander W Dreyfoos Junior School of the Arts

501 S Sapodilla Ave, West Palm Beach, FL, 33401

Grades 9-12

1.54 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.