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$5,750,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 4 Full Baths
  • 2,718 Sq. Ft.
  • Updated 8 hours ago
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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.

Full Property Details for 240 Oleander Ave

General

  • Price: $5,750,000
  • Taxes: $62,501 (2025)
  • Status: Active
  • Type: Single Family
  • Source: Regional
  • MLS ID: R11164744
  • Updated: 2/19/2026
  • Added to Site: 1 day(s) ago

Interior

  • Interior Features: Living/Dining Room, None, Split Bedrooms
  • Appliances: Dryer, Dishwasher, Refrigerator
  • Furnishings: Unfurnished
  • Flooring: Carpet, Ceramic Tile, Wood

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Floor Baths: 2

Bedrooms

  • Total Bedrooms: 4
  • Bedrooms Main: 2

Other Rooms

  • Laundry: In Garage

Additional Information

  • Shared Amenities: None
  • Security/Safety: Closed Circuit Camera(s)

Exterior

  • Exterior Features: Balcony, Outdoor Living Area
  • Porch/Patio/Deck: Deck, Patio, Balcony

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 1
  • Covered Spaces: 1
  • Parking Features: Attached, Garage

Location

  • County: Palm Beach
  • Subdivision: JEANETTE COURT
  • Driving Directions: From Royal Poinciana Way, head North on N County Rd, then turn left onto Oleander Ave, property will be on the left.
  • Direction Faces: North

Community

  • Community Name: 4110

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Wall/Window Unit(s)
  • Heating Type: Central, Wall Furnace

Utilities

  • Sewer: Public Sewer
  • Utility Description: Sewer Available, Water Available

Structural Information

  • Architectural Style: Traditional
  • Construction: Block
  • Roof: Composition, Shingle
  • Stories/Levels: 2
  • Building Size: 3610
  • Square Feet: 2,718
  • Living Area: 2,718 Sq. Ft.
  • Year Built: 1952
  • Property Condition: Resale

Lot Features

  • Lot Size (Acres): 0.2
  • Lot Size (Sq. Ft.): 8,712
  • Lot Dimensions: 100.0 ft x 85.0 ft
  • Lot Features: Sprinklers Automatic, Item14Acre
  • Zoning: R-C

Water Features

  • Water Front View: None

Financial Considerations

  • Tax Amount: $62,501.1
  • Tax Year: 2025
  • Terms: Cash

Disclosures and Reports

  • Legal Description: JEANETTE COURT ADD LTS 11 & 12
  • Property ID: 50434315060000110

Listed by Compass Florida LLC

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Listing agents

— 240 Oleander Ave —

  • Compass Florida LLC

  • Compass Florida LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 240 Oleander Ave

School District:Palm Beach County School District
NameGradesDistance
Palm Beach Public School
239 Cocoanut Row, Palm Beach, FL 33480
K-51 mi
Conniston Middle School
3630 Parker Avenue, West Palm Beach, FL 33405
6-83.3 mi
Palm Beach Lakes High School
3505 Shiloh Drive, West Palm Beach, FL 33407
9-124.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 240 Oleander Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/18/2026
Listed
$5,750,000
76.92%
MLS
2/09/2022
Sold
$3,250,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 240 Oleander Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$62,514
20%
$4,582,652
36%
2024
$51,939
-1%
$3,380,555
—
2023
$52,453
43%
$3,392,128
33%
2021
$36,772
-11%
$2,547,528
-22%
2022
$41,439
13%
$3,259,323
88%
2021
$36,772
28%
$1,730,983
11%
2019
$28,677
8%
$1,563,181
10%
2018
$26,556
15%
$1,421,074
10%
2017
$23,186
7%
$1,291,885
10%
2016
$21,578
9%
$1,174,441
10%
2015
$19,883
-1%
$1,067,674
1%
2014
$20,001
2%
$1,059,321
2%
2013
$19,560
—
$1,038,972
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 240 Oleander Ave

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Compass Florida LLC

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240 Oleander Avenue, Palm Beach, FL 33480 (MLS# R11164744) is a Single Family property with 4 bedrooms and 4 full bathrooms. 240 Oleander Avenue is currently listed for $5,750,000 and was received on February 18, 2026. Want to learn more about 240 Oleander Avenue? Do you have questions about finding other Single Family real estate for sale in Palm Beach? You can browse all Palm Beach real estate or contact a Coldwell Banker agent to request more information.

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