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212 Oleander Avenue
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PRICED AT ONLY: $6,250,000

Address: 212 Oleander Avenue, Palm Beach, FL 33480

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.

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  • MLS#: RX-11126123 ( MultiFamily (5+ Units) )
  • Street Address: 212 Oleander Avenue
  • Viewed: 14
  • Price: $6,250,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1928
  • Bldg sqft: 0
  • Days On Market: 40

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.
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Features
Bedrooms / Bathrooms
  • Num Toilets: 12
Building and Construction
  • Absolute Longitude: 80.038523
  • Construction: Stucco
  • Flooring: Tile, Wood Floor
  • Roof: Other
  • Sqft Source: Tax Rolls
  • Total Building Sqft: 3680.00
  • Type Of Building: Resident. Multi-Fam.
Property Information
  • Property Desc: Multi-Family
  • Property Group Id: 19990816212135227274000000
Utilities
  • Air Conditioned: 100.00
  • Cooling: Central Individual, Humidistat, Wall-Win A/C
  • Fire Protect: Smoke Detector
  • Heating: Electric
  • Num Of Stories: 2.0
  • Utilities: Cable, Electric, Public Sewer, Public Water
Finance and Tax Information
  • Tax Year: 2024
Rental Information
  • Tenant Pays: Cable, Electric
Other Features
  • Avail Docs: Survey
  • Avail Info: Existing Survey, Owner managed
  • Country: United States
  • Legal Desc: JEANETTE COURT ADD LT 4
  • Parcel Id: 50434315060000040
  • Possession: Funding, Subject to Lease
  • Sale Includes: Building and Land
  • Use: Income
  • Views: 14
  • Zoning: R-C(ci
Nearby Subdivisions
Bungalow Park Add   Floral Park   Jeanette Court   Palm Beach Towers Cond   Palm Beach Towers Condo   Royal Park   Two Forty Nine Peruvian Bldg C  
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