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Off market
  • Price Unknown

    240 Oleander Ave #244, Palm Beach, FL 33480

    --beds
    0baths
    2,350sqft
    MultiFamily
    Built in 1952
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $6,050 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $6,050/mo

    Zestimate® history
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    $6,050/mo

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    What's special

    For Sale By Owner Prime Palm Beach Opportunity. Hidden Gem Rare opportunity in the heart of the Town of Palm Beach. This 8,500 sq. ft. lot currently features a well-maintained three-unit income-producing complex: two 1-bedroom residences on the 1st floor and one spacious 2-bedroom residence on the 2nd floor. Each unit offers bright, open living spaces, natural light, and easy access to beach, lake bike trail, shopping, and dining in the prestigious Royal Poinciana Plaza. Fortunately the new owner will have an exciting opportunity to build their dream home with an ARCOM pre-approved set of plans designed by a palm beach architect . This 4500 square foot luxury residential home, features 4 bedrooms, 5 baths, 2 car garage, beautiful pool, and an an attractive landscape design. This rare dual opportunity allows buyers the flexibility to either enjoy immediate rental income or build custom home in one of the most prestigious markets in the country. Located just two blocks from the beach, the intracoastal, shopping and walking distance to some of finest dining experiences. This property combines location, lifestyle, and long-term potential.as a private retreat or future dream home, it is a canvas for creating lasting value in Palm Beach. Highlights: 8,500 sq. ft. lot in the Town of Palm Beach with parking Existing 3-unit rental property (Two 1BRs + One 2BR) Income-producing with flexible use options Purchase price includes a Full Set of Architectural Drawings which are pre-approved by ARCOM-for a 4,500 sq. ft. new construction dream home. Prime location within walking distance to beach, bike trail,supermarkets, hair salons, pharmacy and high end boutique shopping, and world class dining experiences. Location, Location, Location!!!!!!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Forced air, Wall, Electric
    Cooling
    • Central, Wall
    Appliances
    • Included: Dishwasher, Refrigerator
    Features
    • Flooring: Hardwood, Laminate, Linoleum / Vinyl
    • Basement: None
    Interior area
    • Total interior livable area: 2,350 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Off-street, Garage
    Features
    • Exterior features: Stucco
    • Has view: Yes
    • View description: Water, City
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 8,500 Square Feet
    • Features: Less Than 1/4 Acre Lot,1/4 Acre Or Less

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1952

    Community & HOA

    Community
    • Features: On Site Laundry Available
    Location
    • Region: Palm Beach

    Price history

    DateEventPrice
    4/23/2026Listing removed$6,200$3/sqft
    Source: BeachesMLS Report a problem
    2/18/2026Listed for rent$6,200+3.3%$3/sqft
    Source: BeachesMLS #R11164740 Report a problem
    2/1/2026Listing removed--
    Source: Owner Report a problem
    9/6/2025Listed for sale$5,750,000$2,447/sqft
    Source: Owner Report a problem
    10/24/2022Listing removed--
    Source: Zillow Rental Network_1 Report a problem
    10/21/2022Listed for rent$6,000$3/sqft
    Source: Zillow Rental Network_1 #R10840506 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 33480

    Nearby schools

    GreatSchools rating