226 Oleander Avenue
Palm Beach, FL 33480

Property

Ownership: Single Family
Type: single-family
Pets: Pets Unknown
Lot Size: 8712 sq ft

Financials

Price: $6,500,000
Deborah L. Ginsburg
150 Worth Ave, Palm Beach, FL 33480
Courtesy of Compass Florida LLC

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 (PCID 50-43-43-15-06-000-0060) and 216 Oleander (PCID 50-43-43-15-06-000-0050). The income producing multi-family at 216 Oleander includes two 1 BR units and a studio. The one BR 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! *structure still on property subject to demolition/teardown*

Amenities

  • Electric at Site
  • Natural Gas Available
  • Sewer Available
  • Up To 10,889 SF

Amazing opportunity In Town !


All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.