$5,750,000
212 Oleander Avenue, Palm Beach, FL, 33480
12
Baths
0.10
Acres
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 Details
| Office | Douglas Elliman Jupiter |
|---|
Facts & Features
| MLS® # | R11126123 |
|---|---|
| Price | $5,750,000 |
| Bathrooms | 12.00 |
| Acres | 0.10 |
| Year Built | 1928 |
| Type | Commercial Sale |
| Sub-Type | Multi Family |
| Status | Closed |
Community Information
| Address | 212 Oleander Avenue |
|---|---|
| Area | 5002 |
| City | Palm Beach |
| County | Palm Beach |
| State | FL |
| Zip Code | 33480 |
Amenities
| Utilities | Cable Available |
|---|
Interior
| Heating | Electric |
|---|---|
| Cooling | Humidity Control, Wall/Window Unit(s), Central Individual |
Exterior
| Roof | Other |
|---|---|
| Construction | Stucco |
Additional Information
| Date Listed | September 22nd, 2025 |
|---|---|
| Days on Market | 348 |
| Zoning | R-C(ci |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |