• Listing status icon

    $3,200,000

  • Active | MLS#: RX-10210369
  • 5,980Sq Ft

253 Oleander Avenue Palm Beach, FL 33480

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Overview

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.

Listing provided courtesy of: Keller Williams Miami Beach Rlty

General Features

  • County Palm Beach
  • Subdivision ERBS DAISY E ADD
  • Type Quad Plex
  • Number of Stories 2.0
  • Total Num of Units 8
  • Year Built 1926
  • SqFt Living 5,371
  • SqFt Total 5,980
  • Tenant Pays Cable, Electric
  • Special Info Sold As-Is
  • REO No
  • Short Sale No

Building Features

  • Construction Frame/Stucco
  • Roof Barrel
  • Cooling Wall-Win A/C
  • Heating No Heat
  • Flooring Wood Floor
  • Separate Electrical Meters Yes
  • Separate Water Meters No
  • Unit 1 Desc A/C Unit,Dishwasher,Microwave,Range - Electric,Refrigerator
  • Unit 1 Info Full Bath 1
  • Unit 1 Info Furnished No
  • Unit 1 Info SqFt 747
  • Unit 2 Desc A/C Unit,Dishwasher,Kitchen,Microwave,Range - Electric
  • Unit 2 Info: Full Bath 1
  • Unit 2 Info: SqFt 747
  • Unit 3 Info: SqFt 747
  • Unit 4 Info: SqFt 747

Property Features

  • Lot Description < 1/4 Acre
  • Lot Dimensions 75.0 ft x 0.0 ft
  • Utilities Electric Available, Public Sewer, Public Water
  • Restrictions 50+ lb Pet, Lease OK
  • Private Pool No

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Price & Status History

Days on Market

  • This property has been listed on the market for 337 days

Location

The property map location is: Accurate, based on Google's address match.

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Local:

Demographics
Schools
Days on Market

Community Demographics for Zip Code 33480 (Palm Beach)

  • Housing Occupancy

    Home Owners
    5,041
    38%
    Renters
    818
    6%
    Vacant
    7,573
    56%
    Total Housing Units
    13,432
  • Households

    Average Household Size
    1.72
    Housing Density (People per square mile)
    2,325

Age Range (number of people)

Age 0-14
755
Age 15-24
447
Age 25-39
848
Age 40-59
1,654
Age 60-79
3,271
Age 80+
3,253
Total
10,228

* All numbers in this section are 2016 projections provided by Geolytics Inc

School Information for 33480 (Palm Beach)

Public Schools in Zip Code 33480 (Palm Beach)

* This list of schools may not match the property above.

  • PALM BEACH PUBLIC SCHOOL
    239 COCOANUT ROW PALM BEACH, FL 33480
    Phone: 5618220700
    K-5th
  • Grade Size Distribution
    • Knd
    • 64
    • 1st
    • 89
    • 2nd
    • 82
    • 3rd
    • 84
    • 4th
    • 60
    • 5th
    • 72
    • Teachers: 38
    • Students per Teacher: 11.9
    • Students: 451
    • Male/Female: 211/206
    • District: PALM BEACH, 3340 FOREST HILL BLVD C-316 WEST PALM BEACH, FL 33406
    • Phone: 5614348200
    • Schools: 266
    • Full-Time Teachers: 13213
    • Students per Teacher: 12.9
    • Staff: 22117
    • Students: 170757
  • Private Schools in Zip Code 33480 (Palm Beach)

    * This list of schools may not match the property above.

    • Palm Beach Day School
      241 Seaview Ave. Palm Beach, FL 33480
      Phone: 5617447623
      PreK-12th
    • Grade Size Distribution
      • Knd
      • 47
      • 1st
      • 33
      • 2nd
      • 38
      • 3rd
      • 46
      • 4th
      • 35
      • 5th
      • 36
      • 6th
      • 45
      • 7th
      • 44
      • 8th
      • 34
      • 9th
      • 21
      • Teachers: 0
      • Students per Teacher: N/A
      • Students: 379

    * School data provided by US Department of Education


All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2017 Beaches Multiple Listing Service, Inc..

* Rates and payment information listed in the mortgage calculator are provided as for general reference only. Specific mortgage information should be verified with a qualified lending professional