212 Oleander Avenue, Palm Beach, FL 33480

$4,985,150
12
BA
Sold Price
$4,985,150
List Price
$5,750,000
Closing Date
Apr 10, 2026
MLS#
R11126123
Status
CLOSED
Type
Commercial

Property 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.

Additional Information

Days on Market
148
Tax Amount
$35,622
Water Access
Building Only, Business And Building
Parcel Number
50434315060000040
Lot Size
4,356
Address
212 Oleander Avenue, Palm Beach
Year Built
1928

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Listing Courtesy of Douglas Elliman Jupiter, Contact:

Selling Office: Douglas Elliman.