5 months on rocket

240 Oleander Ave, Palm Beach, FL, 33480

$5,850,000

4 Bedrooms
4 Full Baths
2,718 SqFt
$2,152/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Covered, Garage, Guest, On Street, Garage Door Opener
Attached Garage1 space
Year Built1952
HeatingOther, Wall Furnace
CoolingCentral Air, Wall/Window Unit(s)
ViewOther
MLS #A11595776
StatusActive

About 240 Oleander Ave

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.

Property Details

Property Features

Property Information:

  • Architectural Style: Two Story
  • Year Built: 1952
  • Stories: 2
  • Living Area: 2,718 SqFt

Listing Office:

  • Office Name: Index Realty LLC
  • Office Phone: (561) 571-1015
  • Listing Agent: Joacim Borg

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Flooring Type: Ceramic Tile, Wood
  • Interior: Bedroom on Main Level, Second Floor Entry, First Floor Entry

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • View: Other
  • Exterior: Awning(s), Deck, Enclosed Porch, Fence

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Attached, Covered, Garage, Guest, On Street, Garage Door Opener

Virtual/3D Tour

  • Virtual Tour: 240 Oleander Ave
Virtual Tour

Lot Features

Lot Information:

  • Lot: Sprinklers

Utilities

Utilities Information:

  • Heating: Other, Wall Furnace
  • Cooling: Central Air, Wall/Window Unit(s)

Other

Directions Information:

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,850,000
  • Price Per SqFt: $2,152/SqFt

Tax Information:

  • Annual Amount: $30,000
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Palm Beach, FL.

Med. Sold Price

$1.2M

Med. Price/SqFt

$795

Avg. Days On Market

116

# of Sold Homes

12

240 Oleander Ave vs Palm Beach

163 DAYS ON ROCKET

+47 Days

$5,850,000

+$4.5M More

$2,152/SqFt

+$1.3K More

KEY TAKEAWAY

This property is $4.5M more than the Median Sold Price and $1.3K/SqFt more than other homes in Palm Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11595776

Listing Office:

  • Office Name: Index Realty LLC
  • Office Phone: (561) 571-1015
  • Listing Agent: Joacim Borg

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide 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. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/14/2024, 8:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$30,000$1,730,983
2019$28,676$1,563,181
2018$26,555$1,421,074
2017$23,186$1,291,885

History based on county public records data.

Payment Calculator

$29.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$17.6K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-275346
8
/10
  • Palm Beach Public School

  • 239 Cocoanut Row

  • 1.00 miles

  • Public Magnet Grades KG-5

school-card-donut-275347
5
/10
  • U. B. Kinsey/Palmview Elementary School

  • 800 11th St

  • 1.24 miles

  • Public Magnet Grades PK-5

school-card-donut-275348
5
/10
  • Pleasant City Elementary School

  • 2222 Spruce Ave

  • 1.25 miles

  • Public District Grades EE-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,087. The majority of Palm Beach, FL residents have income less than $35k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 240 Oleander Ave

What is the listing price of this property?

The listing price of 240 Oleander Ave property is $5,850,000.

What type of property is this?

The property 240 Oleander Ave is a house located in Palm Beach, Florida, 33480.

Is this property for sale now?

Active Listing: 240 Oleander Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $30,000 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 240 Oleander Ave has 4 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 240 Oleander Ave is 2,718 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 240 Oleander Ave is 1952.
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Rocket HomesFloridaPalm Beach CountyPalm Beach33480240 Oleander Ave

This home is located at 240 Oleander Ave in Palm Beach, FL and zip code 33480 in the North End neighborhood. This 2,718 square foot home was built in 1952. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since June 04, 2024 and is currently priced at $5,850,000.

Palm Beach, FL housing market in October 2024 saw over 0 listings sold above listed price, more than 0 sold at listed price and over 12 sold below. The number of homes for sale in Palm Beach, FL increased by 19.1% between September 2024 and October 2024. While the average time on the market in October 2024 was 116 days, the median list price was $1,275,000.

From Rocket Homes Real Estate and based on county public records data.

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