7959 Atlantic Ave. Suite 202
Delray Beach, FL 33446
Jeffrey J. Katz
RE/MAX Balloon
Jeffrey J. Katz Group
Speak to a 55+ Community Specialist today!
Call Now: (561) 496-2000
Status: Active

JEANETTE COURT - 240 Oleander Avenue , Palm Beach - R11164744

 
$ 5,750,000
Bedrooms: 4
Bathrooms: 4 full  0 half
Living Area: 2,718 SqFt
Total Area: 3,610 SqFt
Year Built: 1952
Waterfront: No
Garage: Yes
Garage Spaces: 1
Pool: No
Front: North
Pets Allowed: Yes
Address:240 Oleander Avenue
Palm Beach FL 33480

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Room Measurements

Primary Bedroom: 9 x 0
Living Room: 0 x 0
Kitchen: 0 x 0

Comments:

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.

Property Features:

Lot Dim:
100.0 ft x 85.0 ft
AC:
Central Air, Wall/Window Unit(s)
Appliance:
Dryer, Dishwasher, Refrigerator
Parking:
Garage, Attached Garage
Security:
Closed Circuit Camera(s)
Amenities:
None
Restriction:
Other Restrictions
HOPA (55+):
No
Furnished:
Unfurnished
Subdivision:
JEANETTE COURT
Lot Description:
Less Than 1/4 Acre Lot
Construction:
Block, CBS
Pets Allowed:
Yes
Storm Protection:
None
Flooring:
Carpet, Ceramic Tile, Wood
Front:
North
Taxes:
$62,501.10 (Property will be reassessed upon sale)
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(561) 496-2000

Thank you for viewing MLS# R11164744, located in JEANETTE COURT at 240 Oleander Avenue , Palm Beach, Florida 33480. If you are interested in more information on 240 Oleander Avenue or JEANETTE COURT, call our 55+ Community Specialists now.

Listing courtesy of Compass Florida LLC
This information is not verified for authenticity or accuracy and is not guaranteed. 06/07/2026

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Beaches Multiple Listing Service This information was generated on June 7, 2026.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. 2018-2026 Beaches Multiple Listing Service, Inc. All rights reserved.

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