1 of 8

Want to see this home?

240 Oleander Ave

Palm Beach, FL 33480

4 beds
4 baths
2,718 sqft
8,507 sqft lot
$2,097 per sqft
1952 build
– on site

This prime development property currently features a three unit apartment building that has been re-envisioned with a full set of ARCOM approved architectural plans for a stunning 5-bedroom, 6.5-bath chateau. Imagine waking up just a few steps away from breathtaking ocean and intracoastal views in a home designed with every luxury and entertainment in mind. Envision expansive living spaces, a gourmet kitchen, and a master suite with a spa-like bathroom and private terrace. Outdoors, plans include a lavish pool, and a beautifully landscaped garden, positioned walking distance from houses of worship. Palm Beach offers world-class dining, high-end shopping, and cultural attractions. Don't miss this rare opportunity and make your dream home a reality.

Listing courtesy of MLSM / Index Realty LLC

Last checked: Checking… • Last updated Mar 31, 2025 •

MLS# A11595776 —

The Building

Year Built:

1952
Year Built Details:

Unknown
Construction Materials:

Block
Architectural Style:

TwoStory
Stories:

2
Levels:

Two
Roof:

Composition, Flat, Tile
Exterior Features:

Awnings, Deck, EnclosedPorch, Fence
Patio And Porch Features:

Deck, Porch, Screened
Direction Faces:

North
Green Energy Efficient:

Appliances
Building Area Total:

3610.0

Interior

Interior Features:

BedroomOnMainLevel, SecondFloorEntry, FirstFloorEntry
Furnished:

Unfurnished
Flooring:

CeramicTile, Hardwood, Wood

Room Dimensions

Living Area:

2718.0

Financial & Terms

Lease Considered:

false

Location

Directions:

From Royal Poinciana Way, head North on N County Rd, then turn left onto Oleander Ave, property will be on the left.

The Property

View:

Other
Parcel Number:

50434315060000110
Property Type:

Residential
Property Subtype:

SingleFamilyResidence
Property Subtype Additional:

SingleFamilyResidence
Zoning Description:

R-C—MEDIUM DENSITY R
Lot Features:

SprinklerSystem,LessThanQuarterAcre
Lot Size Area:

8507.0
Lot Size SqFt:

8,507 Sqft
Lot Size Units:

SquareFeet
Irrigation Source:

Municipal
Waterfront:

false
Road Surface Type:

Paved
Road Frontage Type:

CityStreet

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Annual Amount:

$52,453
Tax Legal Description:

JEANETTE COURT ADD LTS 11 & 12

Beds

Bedrooms Total:

4

Baths

Total Baths:

4
Full Baths:

4

The Listing

Virtual Tour Unbranded:

Virtual Tour

Heating & Cooling

Heating:

Other, WallFurnace
Heating:

true
Cooling:

CentralAir, WallWindowUnits
Cooling:

true

Utilities

Utilities:

CableAvailable
Sewer:

PublicSewer
Water Source:

Public

Appliances

Appliances:

Dryer, Dishwasher, ElectricRange, ElectricWaterHeater, Disposal, Microwave, Refrigerator, Washer
Laundry Features:

InGarage

Schools

Elementary School:

Palm Beach Public
Middle Or Junior School:

Conniston
High School:

Palm Beach Lakes

The Community

Subdivision Name:

Jeanette Court
Senior Community:

false
Community Features:

StreetLights, Sidewalks
Spa:

False
Pool Features:

None
Pets Allowed:

NoPetRestrictions,Yes

Parking

Parking Features:

Attached, Covered, Garage, Guest, OnStreet, GarageDoorOpener
Garage:

true
Attached Garage:

true
Garage Spaces:

1.0
Carport:

true
Carport Spaces:

4.0
Covered Spaces:

5.0

Monthly cost estimate

Asking price

$5,700,000

Expense	Monthly cost
Mortgage	$30,521
Taxes	$4,371
Insurance	$1,567
Utilities	$199 See report
Total	$36,658/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Max Internet Speed

Xfinity

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price	% Change
11/20/24 Nov 20, 2024	Price Changed	MLSM	$5,700,000	-2.6%
6/4/24 Jun 4, 2024	Listed / Active	MLSM	$5,850,000
10/18/23 Oct 18, 2023	Listed / Active	BMLS

Want a closer look?

Go see 240 Oleander Ave

Or Call Toll Free 1-800-241-3327

We guarantee that we’ll never spam you.

* indicates a required field

More homes

Newest listings in Palm Beach, FL

Similar sold homes

This house located in Palm Beach Hotel Condominiums, Palm Beach, FL 33480 is currently for sale for $5,700,000. 240 Oleander Ave is a 2,718 square foot house with 4 beds and 4 baths that has been on Estately for 300 days. 240 Oleander Ave is in the Palm Beach Hotel Condominiums neighborhood of Palm Beach and has a WalkScore® of 67, making it somewhat walkable. This house is in the attendance area of Palm Beach Public School.

Listing Courtesy of: MLSM and Index Realty LLC.

Based on information from the MLS MIAMI 2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. MLSM, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. MLSM and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.