212 Oleander Avenue, Palm Beach, FL 33480
Status: Active
1928
YEAR BUILT
$6,250,000
LISTING PRICE
MultiFamily (5+ Units)
TYPE
MLS#: RX-11126123
Type of Building: Resident. Multi-Fam.
For More Information Call:
561-283-4663
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.
This listing is courtesy of Douglas Elliman (Jupiter). Real Estate and Luxury homes in Boca Raton, Delray Beach, Deerfield Beach, Juno Beach, 0 Lake Worth, Palm Beach Gardens, West Palm Beach and surrounding areas in Palm Beach County and South Florida. Property Listing Data contained within this site is the property of Brevard MLS and is provided for consumers looking to purchase real estate. Any other use is prohibited. We are not responsible for errors and omissions on this web site. All information contained herein should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended.
All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc.
- Acres0.10 acres
- Available DocumentsSurvey
- Available InformationExisting Survey and Owner managed
- Building Info: Number of Tenants8
- CityPalm Beach
- ConstructionStucco
- CoolingCentral Individual, Humidistat and Wall-Win A/C
- CountyPalm Beach
- Fire ProtectionSmoke Detector
- FlooringTile and Wood Floor
- For LeaseNo
- For SaleYes
- HeatingElectric
- LeaseSubject to Lease
- Legal DescriptionJEANETTE COURT ADD LT 4
- List Price$6,250,000
- List Price/SqFt$1,698.37 / sqft
- Listing DateMonday, September 22nd, 2025
- Listing IDRX-11126123
- Listing Price$6,250,000
- Listing StatusActive
- Number of Stories2
- Number of Toilets12
- Percent Air Conditioned100%
- PossessionFunding and Subject to Lease
- Property DescriptionMulti-Family
- Property TypeCommercial
- Real Estate Taxes$35,622.50
- RoofOther
- Sale IncludesBuilding and Land
- SqFt SourceTax Rolls
- State/ProvinceFL
- StatusActive
- Status Change DateMonday, September 22nd, 2025
- Street NameOleander
- SubdivisionJeanette Court
- Tax Year2024
- Tenant PaysCable and Electric
- Terms ConsideredCash and Conventional
- Total Building SqFt3,680 sqft
- Total Units in Building8
- TypeMultiFamily (5+ Units)
- Type of BuildingResident. Multi-Fam.
- Unit 1: Annual Rent$4,000
- Unit 1: Full Baths1
- Unit 1: Half Baths1
- Unit 1: Rent PeriodMonth
- Unit 1: Unit Description1 Bedroom
- Unit 2: Annual Rent$4,000
- Unit 2: Full Baths2
- Unit 2: Rent PeriodMonth
- Unit 2: Unit Description2 Bedroom
- Unit 3: Annual Rent$4,000
- Unit 3: Full Baths1
- Unit 3: Half Baths1
- Unit 3: Rent PeriodMonth
- Unit 3: Unit Description1 Bedroom
- Unit 4: Annual Rent$3,200
- Unit 4: Full Baths2
- Unit 4: Rent PeriodMonth
- Unit 4: Unit Description2 Bedroom
- Unit 5: Annual Rent$2,000
- Unit 5: Full Baths1
- Unit 5: Rent PeriodMonth
- Unit 5: Unit DescriptionEfficiency
- Unit 6: Annual Rent$2,000
- Unit 6: Full Baths1
- Unit 6: Rent PeriodMonth
- Unit 6: Unit DescriptionEfficiency
- Unit 7: Annual Rent$1,750
- Unit 7: Full Baths1
- Unit 7: Rent PeriodMonth
- Unit 7: Unit DescriptionEfficiency
- Unit 8: Annual Rent$2,000
- Unit 8: Full Baths1
- Unit 8: Rent PeriodMonth
- Unit 8: Unit DescriptionEfficiency
- UtilitiesCable, Electric, Public Sewer and Public Water
- Virtual TourYes
- WaterfrontNo
- Year Built1928
- Zip Code33480
- ZoningR-C(ci