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Fully Renovated 8-Unit Multifamily

212 Oleander Avenue Palm Beach, FL 33480

212 Oleander Avenue, Palm Beach, FL, 33480
$5,750,000
Pending
For Sale
$5,750,000
Pending

Fully renovated 8-unit building with studios, 1-bedroom, and 2-bedroom residences and impact-rated windows and doors.

Days on Market304

Property Features for 212 Oleander Avenue

General Information

Standard status
Pending
Property subtype
Commercial/Industry / MultiFamily (5+ Units)

Building Details

Year Built
1928
Listing agency Douglas Elliman (Jupiter)
Listed by Matthias Jay Fretz · License #3283808
Source Compass
Added: Sep 22, 2025 Updated: Jul 21 at 1:11PM Checked: Jul 21 at 1:11PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Douglas Elliman (Jupiter)


Investment Insights

Based on property information with market context.

This fully renovated 8-unit multifamily building offers a mix of 4 studio apartments, 2 one-bedroom/1.5-bath units, and 2 two-bedroom/two-bath units. Updates are described as top-to-bottom, and each residence features impact-rated windows and doors.

The property is located near Palm Beach’s Ocean and Lake Trail, with both described as one block away.

The building is fully leased, providing immediate occupancy. It is presented as a turnkey investment opportunity with modern upgrades and a defined unit mix for tenant demand.

Key Highlights

  • Fully renovated 8‑unit multi‑family building featuring 4 studio units, 2 1‑bedroom/1.5‑bath units, and 2 2‑bedroom/2‑bath units
  • Impact‑rated windows and doors throughout every residence
  • Central individual A/C with humidistat; electric heating

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Grocery & Convenience Store Garden Center (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Butcher Pet Grooming Service (Bike/Boat/Book/etc) Store Tanning Salon Storage Facility

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

FAQs

What type of property is this?
Apartment building - Fully renovated 8-unit building with studios, 1-bedroom, and 2-bedroom residences and impact-rated windows and doors.
Where is this apartment building located?
The property is located at 212 Oleander Avenue Palm Beach, FL.
What is the asking price?
The asking price for this property is $5,750,000.
What are key features of this property?
This property features: Fully renovated 8‑unit multi‑family building featuring 4 studio units, 2 1‑bedroom/1.5‑bath units, and 2 2‑bedroom/2‑bath units; Impact‑rated windows and doors throughout every residence; Central individual A/C with humidistat; electric heating
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