2 months on rocket

226 Oleander Ave, Palm Beach, FL, 33480

$6,500,000

3 Bedrooms
3 Full Baths
1,452 SqFt
$4,477/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
Parking2+ Spaces, Driveway, Street
Year Built1955
HeatingNone
CoolingWindow Unit(s)
WaterfrontNone
FireplaceNone
Private PoolYes
MLS #RX-10961331
StatusActive

About 226 Oleander Ave

Amazing opportunity In-Town! Buy this vacant lot with at total of 4,250 sq ft and the multi-family property next to it for a combined lot of 8,500+ sq ft. Sale includes both properties at 226 Oleander and 216 Oleander. The income producing multi-family at 216 Oleander includes two one bedroom units and a studio. The one bedroom units generate an income of $2,900 and $3,100 a month in rent. The studio is currently not rented. Build new on combined lots, or keep the existing multi-family and utilize the vacant lot however you choose, the options are endless here! This unbeatable In-Town location offers walkability to the beach, lake trail, shopping, and dining!

Property Details

Property Features

Property Information:

  • Year Built: 1955
  • Stories: 2
  • Living Area: 1,452 SqFt

Listing Office:

  • Office Name: Compass Florida LLC (PB)
  • Office Phone: (305) 851-2820
  • Listing Agent: Elizabeth DeWoody

Interior Features

Interior Information:

  • Appliances: Dryer, Gas Range, Refrigerator, Washer
  • Flooring Type: Other
  • Interior: None
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: None

Parking Information:

  • Parking: 2+ Spaces, Driveway, Street

Virtual/3D Tour

  • Virtual Tour: 226 Oleander Ave

Virtual Tour

Utilities

Utilities Information:

  • Heating: None
  • Cooling: Window Unit(s)

School Info

Assigned Schools Information:

  • Palm Beach Lakes High School, Public Magnet Grades PK-12
  • Conniston Middle School, Public Magnet Grades 6-8
  • Palm Beach Public School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: Take North Bridge East to Royal Poinciana Way; Then head North on County Road and turn West on Oleander Avenue.

Price Information

Listing Price Info

Price Summary:

  • List Price: $6,500,000
  • Price Per SqFt: $4,477/SqFt

Tax Information:

  • Annual Amount: $12,543
  • Tax Year: 2019
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Housing Market Comparison

See how this home compares to others in Palm Beach, FL.

Med. Sold Price

$1.1M

Med. Price/SqFt

$711

Avg. Days On Market

143

# of Sold Homes

38

226 Oleander Ave vs Palm Beach

66 DAYS ON ROCKET

-77 Days

$6,500,000

+$5.3M More

$4,477/SqFt

+$3.7K More

KEY TAKEAWAY

This property is $5.3M more than the Median Sold Price and $3.7K/SqFt more than other homes in Palm Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #RX-10961331

Listing Office:

  • Office Name: Compass Florida LLC (PB)
  • Office Phone: (305) 851-2820
  • Listing Agent: Elizabeth DeWoody

IDXAll listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc.

This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 3:25:15 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 14, 2018Home Sold
$1,500,000

Tax History

YEARPROP. TAXASSESSMENT
2019$12,543$672,000
2018$26,253$1,366,044
2017$22,765$1,241,858

History based on county public records data.

Payment Calculator

$32.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$19.5K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1011997
7
/10
  • Palm Beach Public School

  • 239 Cocoanut Row

  • 0.98 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-1011998
4
/10
  • Conniston Middle School

  • 3630 Parker Ave

  • 3.29 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-1011999
2
/10
  • Palm Beach Lakes High School

  • 3505 Shiloh Dr

  • 4.80 miles

  • Public Magnet Grades PK-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,087. The most common annual income of people living in Palm Beach, FL is less than $35k. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 226 Oleander Ave

What is the listing price of this property?

The listing price of 226 Oleander Ave property is $6,500,000.

What type of property is this?

The property 226 Oleander Ave is a house located in Palm Beach, Florida, 33480.

Is this property for sale now?

Active Listing: 226 Oleander Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 226 Oleander Ave are:
Palm Beach Public School: GreatSchools Rating 7/10
Conniston Middle School: GreatSchools Rating 4/10
Palm Beach Lakes High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $12,543 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 14, 2018 for $1,500,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 226 Oleander Ave has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 226 Oleander Ave is 1,452 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 226 Oleander Ave is 1955.
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Rocket Homes›Florida›Palm Beach County›Palm Beach›33480›226 Oleander Ave

This home is located at 226 Oleander Ave in Palm Beach, FL and zip code 33480 in the North End neighborhood. This 1,452 square foot home was built in 1955. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 20, 2024 and is currently priced at $6,500,000.

In March 2024, from all listings sold in Palm Beach, FL there were more than 3 sold above asking price, over 35 sold below and more than 0 were sold right at the asked price. The number of homes for sale in Palm Beach, FL increased by 5.7% between February 2024 and March 2024. While the average time on the market in March 2024 was 143 days, the median list price was $1,113,750.

From Rocket Homes Real Estate and based on county public records data.

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