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- LoopNet Team
253 Oleander Ave
Palm Beach, FL 33480
Araho Apartments · Multifamily Property For Sale
·
8 Units

Property Facts
| No. Units | 8 | Lot Size | 0.10 AC |
| Property Type | Multifamily | Building Size | 5,980 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | C | Year Built | 1926 |
| Zoning | R-C, Palm Beach | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.10 AC |
| Building Size | 5,980 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1926 |
| Zoning | R-C, Palm Beach |
About 253 OLEANDER AVE , 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. Building is 100% occupied. The Gross rent is $166,200 total expenses are $27,911 for a net income of $138,289 for a 4.32% CAP.Updated financials attached.Easy to show. Palm Beach Island Take Flagler Memorial Bridge East to S County Rd make a left and a left on Oleander.
Property Taxes
| Parcel Number | 50-43-43-15-05-000-0060 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,778,222 |
Property Taxes
Listing ID: 7335377
Date on Market: 5/22/2017
Last Updated:
Address: 253 Oleander Ave, Palm Beach, FL 33480
The Multifamily Property at 253 Oleander Ave, Palm Beach, FL 33480 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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