212 Oleander Ave - Apartments FOR SALE


Palm Beach, FL 33480
$6,250,000 USD
561-676-3824
212 Oleander Ave, Palm Beach, FL for Sale
$6,250,000 USD
Apartments - FOR SALE
1/62
null | Request Cap Rate

212 Oleander Ave
Palm Beach, FL 33480


OVERVIEW

Exceptional investment opportunity in Palm Beach! This fully renovated 8-unit multi-family building is ideally located just one block from the Ocean and one block from the scenic Lake Trail. The property offers a desirable unit mix: 4 studio apartments, 2 one-bedroom/1.5-bath units, and 2 two-bedroom/two-bath units. Every residence has been updated from top to bottom and features impact-rated windows and doors. The building is fully leased, providing immediate cash flow in one of South Florida's most sought-after markets. With its prime location and modern upgrades, this property is a rare chance to own a turnkey asset in Palm Beach.

FOR SALE DETAILS

PRICE

$6,250,000 USD

PRICE/SF

$1,698 USD /SF

# OF UNITS

8

PRICE/UNIT

$781,250

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1928

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

R-C

APN/PARCEL ID

50-43-43-15-06-000-0040

ASK ABOUT THIS PROPERTY

Matthias FretzDouglas EllimanMore Info
561-676-3824

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Matthias FretzDouglas EllimanMore Info
561-676-3824

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.