# 240 Oleander Avenue, Palm Beach, FL 33480

> **TL;DR:** 4bd/4ba single family, $5,750,000 ($2116/sqft), built 1952, 2,718 sqft.
> A/C. Est. $24,917/mo. Listed 106 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $5,750,000 |
| Price/sqft | $2116 |
| Bedrooms | 4 |
| Bathrooms | 4 full |
| Square Feet | 2,718 |
| Year Built | 1952 |
| Lot Size | 8,712 sqft (0.20 acres) |
| Stories | 2 |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 106 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $24,917 |
| **Total** | **$24,917** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1952
- 0.20 acre lot
- 2 stories

## Description

### Agent Description
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.

## Location

- **Address:** 240 Oleander Avenue, Palm Beach, FL 33480
- **County:** Palm Beach
- **Neighborhood:** JEANETTE COURT
- **Coordinates:** 26.721293, -80.039671
- **Google Maps:** https://www.google.com/maps?q=26.721293,-80.039671

## Virtual Tour & Media

- **Video Tour:** https://www.propertypanorama.com/240-Oleander-Avenue-Palm-Beach-FL-33480/unbranded

## Listing Agent

- **Name:** Jeffrey Creegan
- **Brokerage:** Compass Florida LLC
- **Phone:** 5619399819
- **Email:** creeganrealty@gmail.com

## Primary Photo

![240 Oleander Avenue - Primary Photo](http://lh.rdcpix.com/2dc9a25895be5aee6e3df2169a049bfel-f323252442r.jpg)

*13 total photos available on [listing page](https://www.propertysimple.com/listing/240-oleander-avenue-palm-beach-fl-33480-11164744)*

---

**MLS#:** R11164744 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/240-oleander-avenue-palm-beach-fl-33480-11164744)

---

## Structured Data

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  "name": "240 Oleander Avenue, Palm Beach, FL 33480",
  "description": "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",
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