212 Oleander AVE, Palm Beach, FL 33480
212 Oleander AVE, Palm Beach, FL 33480
212 Oleander AVE, Palm Beach, FL 33480
212 Oleander AVE, Palm Beach, FL 33480
212 Oleander AVE, Palm Beach, FL 33480
212 Oleander AVE, Palm Beach, FL 33480
Michael Borgen
Michael Borgen

+1(772) 877-7722

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$ 4,985,150

$ 5,750,000 13.3%

Est. payment | /mo

12 Baths

3,680 SqFt


$ 4,985,150

$ 5,750,000 13.3%

Est. payment | /mo

12 Baths

3,680 SqFt

Key Details

Sold Price $4,985,150

Property Type Commercial

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,680 sqft

Price per Sqft $1,354

MLS Listing ID R11126123

Sold Date 04/10/26

HOA Y/N No

Year Built 1928

Annual Tax Amount $35,622

Tax Year 2024

Contingent None

Lot Size 4,356 Sqft

Acres 0.1

Property Sub-Type Multi Family

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.

Location

State FL

County Palm Beach

Area 5002

Zoning R-C(ci

Interior

Interior Features InteriorFeatures

Heating Electric

Cooling Central Air, Humidity Control, Wall/Window Unit(s)

Flooring Tile, Wood

Fireplace No

Exterior

Utilities Available Cable Available

Water Access Desc Public

Roof Type Other

Building

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Stucco

Others

Tax ID 50434315060000040

Security Features Smoke Detector(s)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash

BeachesMLS, Inc. (FLR) IDX
Listed by Matthias Jay Fretz Douglas Elliman Jupiter
Bought with  John Joseph Rooney II Douglas Elliman

Nearby Locations

Michael Borgen

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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212 Oleander AVE