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226 Oleander Avenue, Palm Beach, FL 33480

$6,500,000

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,452 Status: Active

Current Price: $6,500,000 Last Modified: 4/02/2024

Description

Amazing opportunity In-Town! Buy this vacant lot with at total of 4,250 sq ft and the multi-family property next to it for a combined lot of 8,500+ sq ft. Sale includes both properties at 226 Oleander and 216 Oleander. The income producing multi-family at 216 Oleander includes two one bedroom units and a studio. The one bedroom units generate an income of $2,900 and $3,100 a month in rent. The studio is currently not rented. Build new on combined lots, or keep the existing multi-family and utilize the vacant lot however you choose, the options are endless here! This unbeatable In-Town location offers walkability to the beach, lake trail, shopping, and dining!

More Information MLS# RX-10961331

Contract Information

Listing Date: 2024-02-19 Status: Active Original List Price: 6900000 Auction: No List Price: $6,500,000 Current Price: $6,500,000 List Price/SqFt: 4476.58 Comm/Non-Rep: 0% Comm/Buyer Agent: 3% Comm/Trans Brk: 3%

General Property Description

Type: Single Family Detached Governing Bodies: None Main Level Bedrooms: 2 Total Bedrooms: 3 Main Level Bathrooms: 2 Baths - Full: 3 Baths - Total: 3 Property Condition: Resale Year Built: 1955 SqFt - Total: 1492 SqFt - Living: 1452 SqFt Source: Tax Rolls Gated Community: No Open Parking Spaces: 3 Homeowners Assoc: None Association Deposit: No Membership Fee Required: No Directions: Take North Bridge East to Royal Poinciana Way; Then head North on County Road and turn West on Oleander Avenue. Subdivision: JEANETTE COURT Legal Desc: JEANETTE COURT LT 6 Lot SqFt: 8500 Lot Dimensions: 100 x 85 Waterfront: No Front Exp: North Private Pool: Yes Pets Allowed: Yes Pets on Premises: No Total Floors/Stories: 2 Total Units in Bldg: 3 Ttl Units in Complex: 3

Location, Tax & Legal

Area: 5002 Geo Area: PB30 Country: United States County: Palm Beach Parcel ID: 50434315060000060 Street #: 226 Street Name: Oleander Street Suffix: Avenue State/Province: FL Zip Code: 33480 Zoning: R-C(ci Tax Year: 2023 Taxes: 23890.3 Special Assessment: No Short Sale: No Short Sale A/U: N/A Short Sale Addendum: No REO: No HOPA: No Hopa Geo Lat: 26.721272 Geo Lon: -80.038828

Office/Member Info

DXORIGMLNO: RX-10961331 DXORIGMLSID: RML

Property Features

Unit Desc: Multi-Level Construction: CBS; Stucco Waterfront Details: None Private Pool Description: Inground Lot Description: < 1/4 Acre Interior Features: None Porch/Patio/Balcony: Patio Master Bedroom/Bath: Mstr Bdrm - Ground; Mstr Bdrm - Upstairs Furnished: Unfurnished Rooms: Studio Bedroom Parking: 2+ Spaces; Driveway; Street Subdiv. Amenities: None Restrict: None Flooring: Other Heating: No Heat Cooling: Wall-Win A/C Equip/Appl Included: Dryer; Range - Gas; Refrigerator; Washer Terms Considered: Cash; Conventional; VA Utilities: Cable; Electric; Gas Natural; Public Sewer Storm Protection: None Taxes: City/County Possession: At Closing; Subject to Lease

Room Information

Living Room Length: 14.00 Width: 11.00 Length: 14.00 Level: Main Width: 11.00 Remarks: Main & Upper Kitchen Length: 8.00 Width: 8.00 Length: 8.00 Level: Main Width: 8.00 Remarks: Main & Upper Master Bedroom Length: 11.00 Width: 10.00 Length: 11.00 Level: Main Width: 10.00 Remarks: Main & Upper

Documents

216 & 226 Oleander Combined Survey ›

Listing Office: Compass Florida LLC (PB)

Last Updated: April - 02 - 2024

226 Oleander Avenue, Palm Beach, FL 33480- MLS# RX-10961331

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2024 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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