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212 Oleander Avenue
Palm Beach FL 33480 US

$6,250,000

Active Listing ID RX-11126123
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2.00 Bath (2 Half)
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Lot: 0.10 Acres
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Other

$6,250,000

Active Listing ID RX-11126123
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212 Oleander Avenue 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.

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Property Features

  • Facts
  • Lot Size: 0.10 Acres
  • Property Type: Commercial Lease
  • Property Sub-type: Other
  • Features
  • 1/2 Bathrooms: 2
  • Cooling System: Central Air, Wall/Window Unit(s)
  • Floor Covering: Tile, Wood
  • Roof Type: Other
  • Heating Fuels: Electric (Heating)

Property

  • propertytype: Commercial Lease
  • propertysubtype: Other
  • listprice: 6250000
  • unparsedaddress: 212 Oleander Avenue
  • postalcity: Palm Beach
  • stateorprovince: FL
  • country: US
  • postalcode: 33480
  • bathroomsfull: 0
  • bathroomshalf: 2
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.1
  • lotsizeunits: Acres
  • lotsizearea: 0.1
  • livingarea: 3680
  • livingareaunits: Square Feet
  • latitude: 26.721268
  • longitude: -80.038523
  • listagentfullname: Matthias Jay Fretz
  • listagentemail: matthias.fretz@elliman.com
  • listagentkey: 3yd-RMLSFL-20140203151005809926000000
  • listagentmlsid: 20140203151005809926000000
  • listagentpreferredphone: 5616763824
  • listagentofficephone: 5616536100
  • listofficekey: 3yd-RMLSFL-20161206162002906844000000
  • listofficemlsid: 20161206162002906844000000
  • disclaimer: Copyright © 2025 BeachesMLS / Flexmls. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: RMLSFL
  • yearbuilt: 1928
  • listingcontractdate: 2025-09-22
  • listagenturl: http://elliman.com
  • countyorparish: Palm Beach
  • parcelnumber: 50434315060000040
  • cooling: Central Air, Wall/Window Unit(s)
  • constructionmaterials: Stucco
  • flooring: Tile, Wood
  • heating: Electric (Heating)
  • numberofunitstotal: 8
  • fireplaceyn: False
  • transactiontype: ForRent
  • storiestotal: 2
  • parkingtotal: 0
  • roof: Other
  • waterfrontyn: False
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -80.03852, 26.721268
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Douglas Elliman Florida LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"matthias.fretz@elliman.com", "ListBrokerageCity":"Miami Beach", "ListBrokerageCountry":"US", "ListBrokerageEmail":"imad.akhrass@elliman.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Douglas Elliman Florida LLC", "ListBrokeragePhone":"(561) 655-8600", "ListBrokeragePostalCode":"33139", "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":"Suite 805", "ListBrokerageUnparsedAddress":"1111 Lincoln Rd", "ListBrokerageWebsiteUrl":"http://elliman.com", "ListOfficeAddress1":"400 South U.S. Hwy. 1, Suite C", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Jupiter", "ListOfficeCountry":"US", "ListOfficeEmail":"don.langdon@elliman.com", "ListOfficePostalCode":"33477", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"Resident. Multi-Fam. - Palm Beach, FL", "ListingURL":"https://listings.listhub.net/pages/RMLSFL/RX-11126123/?channel=rexren", "MLSModificationTimestamp":"2025-09-23T01:27:07Z", "Neighborhoods":[{"Description":null, "Name":"JEANETTE COURT"}], "PostalCode":null, "RawPropertySubType":"Resident. Multi-Fam.", "RawPropertyType":"Commercial/Industry", "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 9/23/2025 9:35:35 AM GMT
Source Updated Date: 12/7/2025 6:57:29 AM GMT

Courtesy of: Matthias Jay Fretz, Douglas Elliman (Jupiter), matthias.fretz@elliman.com

Copyright © 2025 BeachesMLS / Flexmls. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.