Basic Information

  • MLS # RX-11164744
  • Type Single Family Home
  • Subdivision/Complex Jeanette Court
  • Year Built 1952
  • Total Sqft 8,506
  • Date Listed 02/17/2026
  • Days on Market 14
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 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.

Amenities

  • None

Exterior Features

  • Waterfront No
  • Parking Spaces 1
  • Pool No
  • WF Description None
  • Parking Description Attached, Garage
  • Exterior Features Balcony, Outdoor Living Area

Interior Features

  • Adjusted Sqft 2,718Sq.Ft
  • Interior Features Living Dining Room, None, Split Bedrooms
  • Sqft 2,718 Sq.Ft

Property Features

  • Aprox. Lot Size 8,506
  • Furnished Info No
  • Lot Description Sprinklers Automatic, Approx14 Acre
  • Short Sale Regular Sale
  • HOA Fees N/A
  • Subdivision Complex Jeanette Court
  • Subdivision Info Jeanette Court
  • Tax Amount $62,501
  • Tax Year 2025

240 Oleander

Palm Beach, FL 33480

Similar Properties For Sale

The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Compass Florida LLC. tel: (561) 286-5166

Real Estate IDX Powered by: TREMGROUP