Price
$ 3,200,000

253 Oleander Avenue, Palm Beach, FL 33480  
  • 5,371 sqft

253 Oleander Avenue, Palm Beach, FL 33480  

Historically designated Palm Beach Island Investment opportunity. 8 spacious units all 1 Bed 1 Bath some with extra areas. Conveniently located, walking distance to the beach, Publix, world class shopping and the one of a kind Palm Beach Lifestyle. Originally constructed in 1926 6 units have new kitchens, new insta heat system, extensive plumbing and electrical upgrades. Three units are currently used as corporate housing. If rented the Gross rent would be $157,200 total expenses are $25,198 for a net income of $132,002 for a 4.12% CAP. Easy to show.

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Listing Type
Multi-Family
Listing ID
RX-10210369
House Size
5,371
Lot Size
4,200.00 sqft
Listing Status
Active
Year Built
1926
County
Palm Beach
Subdivision
Erbs Daisy E Add
Floors
2.0
Units
8
Zoning
RC
Taxes
13213.6
TaxID
50434315050000060
TaxYear
2015
Listing courtesy of Michael A Toomey, Keller Williams Miami Beach Rlty
Houses for Sale Nearby
    Listing Information Provided By:
    RE/MAX PLATINUM
    6424 Lake Worth Rd Lake Worth, FL 33463 | Phone: (561) 439-0111
    EACH OFFICE INDEPENDENTLY OWNED AND OPERATED.