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240 Oleander Avenue
Palm Beach FL 33480 US

$5,750,000

Active Listing ID RX-11164744
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4 bed
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4.00 Bath (4 Full)
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Single Family Residence

$5,750,000

Active Listing ID RX-11164744
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240 Oleander Avenue 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

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Property Features

  • Facts
  • Property Type: Residential
  • Property Sub-type: Single Family Residence
  • Features
  • Full Bathrooms: 4
  • Cooling System: Central Air, Wall/Window Unit(s)
  • Exterior Finish: Auto Sprinkler, Deck, Open Patio
  • Floor Covering: Carpet, Tile, Tile - Ceramic, Wood
  • Roof Type: Shingle
  • Heating Fuels: Central
  • Additional Features
  • Patio

Property

  • propertytype: Residential
  • propertysubtype: Single Family Residence
  • listprice: 5750000
  • unparsedaddress: 240 Oleander Avenue
  • postalcity: Palm Beach
  • stateorprovince: FL
  • country: US
  • postalcode: 33480
  • bathroomsfull: 4
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 2718
  • livingareaunits: Square Feet
  • latitude: 26.721293
  • longitude: -80.039671
  • listagentfullname: Jeffrey Creegan
  • listagentemail: creeganrealty@gmail.com
  • listagentkey: 3yd-RMLSFL-20190104164045745150000000
  • listagentmlsid: 20190104164045745150000000
  • listagentpreferredphone: 5619399819
  • listagentofficephone: 3058512820
  • listofficekey: 3yd-RMLSFL-20200117182011615031000000
  • listofficemlsid: 20200117182011615031000000
  • disclaimer: Copyright © 2026 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: 1952
  • listingcontractdate: 2026-02-18
  • listagenturl: https://www.compass.com
  • countyorparish: Palm Beach
  • parcelnumber: 50434315060000110
  • appliances: Dishwasher, Dryer, Refrigerator, Washer
  • cooling: Central Air, Wall/Window Unit(s)
  • constructionmaterials: Block
  • flooring: Carpet, Tile, Tile - Ceramic, Wood
  • heating: Central
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 1
  • parkingfeatures: Garage
  • roof: Shingle
  • waterfrontyn: False
  • interiorfeatures: Split Bedroom
  • exteriorfeatures: Auto Sprinkler, Deck, Open Patio
  • architecturalstyle: New Traditional
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
  • patioandporchfeatures: Patio, Deck
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -80.03967, 26.721292
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Compass Florida, LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"creeganrealty@gmail.com", "ListBrokerageCity":"Boca Raton", "ListBrokerageCountry":"US", "ListBrokerageEmail":"BrokerFL@compass.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Compass Florida, LLC", "ListBrokeragePhone":"(561) 286-5166", "ListBrokeragePostalCode":"33432", "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":"Suite 500", "ListBrokerageUnparsedAddress":"101 N Federal Hwy", "ListBrokerageWebsiteUrl":"https://www.compass.com", "ListOfficeAddress1":"101 N Federal Hwy, 5th Floor", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Boca Raton", "ListOfficeCountry":"US", "ListOfficeEmail":"brokerfl@compass.com", "ListOfficePostalCode":"33432", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"Single Family Detached, Traditional - Palm Beach, FL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/240-Oleander-Ave_Palm-Beach_FL_33480_M51066-15086?f=listhub&s=RMLSFL-RX&m=11164744&c=rexren", "MLSModificationTimestamp":"2026-02-19T13:02:45Z", "Neighborhoods":[{"Description":null, "Name":"JEANETTE COURT"}], "PostalCode":null, "RawPropertySubType":"Single Family Detached", "RawPropertyType":"Residential", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":62501.1, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 2/19/2026 9:05:29 PM GMT
Source Updated Date: 2/20/2026 12:51:44 PM GMT

Courtesy of: Jeffrey Creegan, Compass Florida LLC, creeganrealty@gmail.com

Copyright © 2026 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.