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    212 Oleander Ave Palm Beach, FL 33480

    For Lease
    $6,250,000

    Resident. Multi-Fam. - Palm Beach, FL

    Property size:
    3,680 SF
    Lot size:
    0.10 Acres
    Days on Market:
    84
    Last Refresh:
    Dec 14 at 12:06 pm

    Property Features for 212 Oleander Ave

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R-C(ci
    Rooms
    Bathroom 1, Bathroom 2
    Bathrooms
    2
    APN
    50434315060000040
    Size
    3,680 SF
    Lot size
    0.10 Acres

    Utilities

    Heating system
    Electric (Heating)
    Cooling system
    Central Air, Wall/Window Unit(s)

    Building Details

    Year built
    1928
    Floors in Building
    2
    Number of units
    8
    Flooring type
    Tile, Wood
    Building materials
    Stucco
    Roof type
    Other
    Architectural style
    Other

    Douglas Elliman Florida LLC (561) 655-8600 [email protected]

    Listing agent Matthias Jay Fretz (561) 653-6100

    Listing date Sep 22, 2025

    MLS# RX-11126123 Listing URL

    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.

    Overview

    Palm Beach Multifamily Investment Opportunity

    This fully renovated 8-unit multi-family building presents an exceptional investment opportunity in Palm Beach. The property is ideally located one block from the Ocean and one block from the scenic Lake Trail. The unit mix includes 4 studio apartments, 2 one-bedroom/1.5-bath units, and 2 two-bedroom/two-bath units. Each residence has been updated and features impact-rated windows and doors. The building is fully leased, providing immediate cash flow in a sought-after market. The property size is 3680 square feet, situated on a lot of 0.1 acres. The zoning is R-C(ci. Located in Palm Beach, Florida, this turnkey asset offers a prime location and modern upgrades.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Daycare Center Law Firm Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Palm Beach
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.038523
    Latitude
    26.721268

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    FAQs

    What type of property is this?
    Apartment building - Fully renovated 8-unit building, prime location, immediate cash flow.
    Where is this apartment building located?
    The property is located at 212 Oleander Ave Palm Beach, FL.
    What are key features of this property?
    This property features: - Prime location: **One block from both the Ocean and the Lake Trail in Palm Beach.**; - Fully renovated: **Updated from top to bottom, offering a turnkey investment.**; - Immediate cash flow: The building is fully leased.
    (561) 653-6100
    Request Owner's contact information
    212 Oleander Ave Palm Beach, FL 33480
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    Palm Beach, FL 33480
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    212 Oleander Ave Palm Beach, FL 33480
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