Ideally positioned on a 100' x 85' lot in one of Palm Beach's most coveted in-town locations, this meticulously maintained two-story CBS-construction multifamily property offers exceptional versatility and long-term upside. Just steps from the ocean and moments from Palm Beach's premier restaurants, boutiques, and cultural destinations, the setting is truly… Read More unparalleled. The sale includes pre-approved plans for an approximately 4,500-square-foot new residence, creating an outstanding opportunity for redevelopment or custom end-user use. The existing structure is configured as three well-appointed apartments, including one two-bedroom/two-bath residence and two one-bedroom/one-bath units, providing immediate income potential. Additional features include a garage topped by a private rooftop deck, four off-street parking spaces, and 100 feet of frontage on Oleander Avenue. Whether preserved as an income-producing asset or transformed into a new luxury estate, this offering combines solid construction, an irreplaceable location, and multiple value-enhancement options making it a rare opportunity on Palm Beach Island. Read Less
Courtesy of Compass Florida LLC, Jeffrey Creegan, 305-851-2820.
Listing Snapshot
Days Online
72
Last Updated
Property Type
Single Family Residence
Beds
4
Full Baths
4
Square Ft.
2,718
Lot Size
0.2 Acres
Year Built
1952
MLS Number
R11164744
30 Days Snapshot Of 33480
$2.65M
+20%
(avg) sold price
44
-2%
homes sold
172
+13%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
"Dishwasher", "Dryer", "Refrigerator"
Building
Built in 1952, Architectural style: "Traditional", Living area: 2718, Construction materials: "Block", "CBS", Toal building area: 3610
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