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253 Oleander Avenue, Palm Beach, FL 33480 (MLS# R10702164)

253 Oleander Avenue, Palm Beach, FL 33480

$3,250,000

Virtual Tour

https://www.propertypanorama.com/253-Oleander-Avenue-Palm-Beach-FL-33480/unbranded

Property Type: Residential Income Square Footage: 5,980 Status: Closed

Current Price: $3,250,000 List Date: 5/28/2021 Last Modified: 5/17/2026

Overview

Description

Own a piece of Palm Beach historical charm. Lovely 8 unit building located on the beautiful island. Each unit is a 1 bedroom, 1 bath with it's own unique architectural appeal. Walking distance to restaurants, beach, and shopping makes this building a desirable location for any resident. You can tell the pride of ownership in this pristine property. An amazing piece to add to your investment portfolio.

Listing Details MLS# R10702164

General Property Information

Number Of Units Total: 8
Property Sub Type: Quadruplex
Building Area Main: 5980
Building Area Source: Public Records
Living Area Main: 5371
Year Built: 1926
Gated Community YN: No
Lot Size Area: 4200
Lot Size Acres: 0.1
Lot Size Dimensions: 75.0 ft x 56.0 ft
Senior Community YN: No
Stories: 2
Pool Private YN: No

Property Features

Association Amenities: None Documents Available: Copy Of Lease(s); Investment Analysis Electric: Three Phase Exterior Features: None Flooring: Terrazzo; Tile; Wood; Other Property Condition: Resale Tenant Pays: Cable TV; Electricity Source Of Expenses: Owner Provided Construction Materials: Other Cooling: Ceiling Fan(s); Wall/Window Unit(s) Heating: Window/Wall Listing Terms: Cash; Conventional Lot Features: Sidewalks Possession: Close Of Escrow; Negotiable Restrictions: No Restrictions Road Frontage Type: East of US-1; Public Road Roof: Barrel Sewer: Public Sewer Special Information: Sold As-Is Storm Protection Details: None Tax Information: City/County Utilities: Cable Available; Natural Gas Available; Sewer Available; Water Available View: Other Water Access: None Water Source: Public Showing Requirements: Call Listing Agent; Occupied; See Remarks Occupant Details: Tenant Occupied Unit 1 Appliances: Microwave; Range; Refrigerator Unit 1 Other Equipment: Air Conditioning Unit; Smoke Detector(s) Unit 1 Parking Features: On Street Unit 1 Rooms: Kitchen Unit 2 Appliances: Microwave; Range; Refrigerator Unit 2 Other Equipment: Air Conditioning Unit; Smoke Detector(s) Unit 2 Parking Features: On Street Unit 2 Rooms: Kitchen Unit 3 Appliances: Range; Refrigerator Unit 3 Other Equipment: Air Conditioning Unit; Smoke Detector(s) Unit 3 Parking Features: On Street Unit 3 Rooms: Kitchen Unit 4 Appliances: Microwave; Range; Refrigerator Unit 4 Other Equipment: Air Conditioning Unit; Smoke Detector(s) Unit 4 Parking Features: On Street Unit 4 Rooms: Kitchen Contingencies: Inspection Acreage Description: Less Than 1/4 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 3999000

Location and Legal

County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 253
Street Name: Oleander
Street Suffix: Avenue
City Name: Palm Beach
State Or Province: FL
Postal Code: 33480
Postal Zip: 33480
Subdivision Name: ERBS DAISY E ADD
Area: 5002
Geographic Area: PB30
Special Assessment YN: No
Parcel Number: 50434315050000060
Zoning: R-C(ci
Directions: Flagler Bridge to Palm Beach. 2 lights to N County Rd. make left and head North 4 blocks to Oleander make a left and building is on the right side.

Financial Information

Tax Annual Amount: 20993.8
Tax Year: 2020
Tax Legal Description: DAISY E ERBS ADD LTS 6 TO 8 INC

Status Change Information

Major Change Timestamp: 2021-09-15T14:25:53Z
Major Change Type: Status Change
Status Change Date: 2021-09-15
Under Contract Date: 2021-07-21
Close Date: 2021-09-10
Close Price: 3250000
Buyer Financing: Cash

More Information

Meter Information

Separate Electric Meters YN: Yes
Separate Water Meters YN: No

Short Sale Details

Short Sale Addendum: No

Showing Details

Pet(s) on Premises: No

Unit 1 Details

Actual Rent: 2000
Baths Full: Yes
Furnished: Unfurnished
SqFt: 590

Unit 2 Details

Actual Rent: 1800
Baths Full: Yes
Furnished: Unfurnished
SqFt: 590

Unit 3 Details

Actual Rent: 2150
Baths Full: Yes
Furnished: Furnished
SqFt: 510

Unit 4 Details

Actual Rent: 2000
Baths Full: Yes
SqFt: 660

Price Calculations

Current Price To SqFt: 605.1
Original List Price To Close Price: 1.23

Originating Details

Originating System Key: 20210324005334804997000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Association Amenities

None: Yes

Electric

Three Phase: Yes

Exterior Features

None: Yes

Flooring

Terrazzo: Yes
Tile: Yes
Wood: Yes
Other: Yes

Property Condition

Resale: Yes

Special Information

Sold As-Is: Yes

Documents Available

Copy Of Lease(s): Yes
Investment Analysis: Yes

Tenant Pays

Cable TV: Yes
Electricity: Yes

Possession

Close Of Escrow: Yes
Negotiable: Yes

Sewer

Public Sewer: Yes

Utilities

Cable Available: Yes
Natural Gas Available: Yes
Sewer Available: Yes
Water Available: Yes

View

Other: Yes

Heating

Window/Wall: Yes

Water Access

None: Yes

Construction Materials

Other: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Lot Features

Sidewalks: Yes

Road Frontage Type

East of US-1: Yes
Public Road: Yes

Roof

Barrel: Yes

Water Source

Public: Yes

Income and Expenses

Annual Total Expense: 0
Gross Income: 0

Source Of Expenses

Owner Provided: Yes

Cooling

Ceiling Fan(s): Yes
Wall/Window Unit(s): Yes

Showing Requirements

Call Listing Agent: Yes
Occupied: Yes
See Remarks: Yes

Restrictions

No Restrictions: Yes

Storm Protection Details

None: Yes

Tax Information

City/County: Yes

Occupant Details

Tenant Occupied: Yes

Contingencies

Inspection: Yes

Unit 1 Appliances

Microwave: Yes
Range: Yes
Refrigerator: Yes

Unit 1 Other Equipment

Air Conditioning Unit: Yes
Smoke Detector(s): Yes

Unit 1 Parking Features

On Street: Yes

Unit 1 Rooms

Kitchen: Yes

Unit 2 Appliances

Microwave: Yes
Range: Yes
Refrigerator: Yes

Unit 2 Other Equipment

Air Conditioning Unit: Yes
Smoke Detector(s): Yes

Unit 2 Parking Features

On Street: Yes

Unit 2 Rooms

Kitchen: Yes

Unit 3 Appliances

Range: Yes
Refrigerator: Yes

Unit 3 Other Equipment

Air Conditioning Unit: Yes
Smoke Detector(s): Yes

Unit 3 Parking Features

On Street: Yes

Unit 3 Rooms

Kitchen: Yes

Unit 4 Appliances

Microwave: Yes
Range: Yes
Refrigerator: Yes

Unit 4 Other Equipment

Air Conditioning Unit: Yes
Smoke Detector(s): Yes

Unit 4 Parking Features

On Street: Yes

Unit 4 Rooms

Kitchen: Yes

Acreage Description

Less Than 1/4 Acre Lot: Yes

Listing Office: RE/MAX Direct

Last Updated: May - 17 - 2026

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253 Oleander Avenue, Palm Beach, FL 33480 (MLS# R10702164)