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Listed by Douglas Elliman (Jupiter)
$6,250,000
Est. payment /mo
12 Baths
3,680 SqFt
New
212 Oleander AVE Palm Beach, FL 33480
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Key Details
Property Type Commercial
Sub Type MultiFamily (5+ Units)
Listing Status Active
Purchase Type For Sale
Square Footage 3,680 sqft
Price per Sqft $1,698
Subdivision Jeanette Court
MLS Listing ID RX-11126123
Year Built 1928
Annual Tax Amount $35,622
Tax Year 2024
Lot Size 4,356 Sqft
Property Sub-Type MultiFamily (5+ Units)
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.
Location
State FL
County Palm Beach
Area 5002
Zoning R-C(ci
Interior
Heating Electric
Cooling Central Individual, Humidistat, Wall-Win A/C
Flooring Tile, Wood Floor
Fireplaces Type Smoke Detector
Exterior
Utilities Available Cable, Electric, Public Sewer, Public Water
Roof Type Other
Building
Story 100.00
Foundation Stucco
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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