Amazing opportunity In-Town! Buy this vacant lot with at total of 4,250 sq ft and the multi-family property next to it for a combined lot of 8,500+ sq ft. Sale includes both properties at 226 Oleander and 216 Oleander. The income producing multi-family at 216 Oleander includes two one bedroom units and a studio. The one bedroom units generate an income of $2,900 and $3,100 a month in rent. The studio is currently not rented. Build new on combined lots, or keep the existing multi-family and utilize the vacant lot however you choose, the options are endless here! This unbeatable In-Town location offers walkability to the beach, lake trail, shopping, and dining!
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Date | Details | Change |
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Status Changed from Price Change to Active | – | |
Status Changed from Active to Price Change | – | |
Price Reduced from $6,900,000 to $6,500,000 | $400,000 (5.80%) | |
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Property Listing Summary: Located in the subdivision, 226 Oleander Av, Palm Beach, FL is a Residential property for sale in Palm Beach, FL 33480, listed at $6,500,000. As of May 10, 2024 listing information about 226 Oleander Av, Palm Beach, FL indicates the property features 3 beds, 3 baths, and has approximately 1,452 square feet of living space, with a lot size of 0.20 acres, and was originally constructed in 1955. The current price per square foot is $4,477.
A comparable listing at 205 Jamaica Lane, Palm Beach, FL in Palm Beach is priced for sale at $6,300,000. Another comparable property, 248 Colonial Lane, Palm Beach, FL is for sale at $6,150,000.
To schedule a private showing of MLS# RX-10961331 at 226 Oleander Av, Palm Beach, FL in , please contact your Palm Beach real estate agent at (561) 951-9301.
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Listing information last updated on May 10th, 2024 at 12:45am EDT.