See Home Value
$3,600,000 - $4,400,000
House - Off Market

216 Oleander Avenue

Palm Beach, FL 33480
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1452 Sqft
Sold Sep 11, 1997
$250,000

About This Property

Income producing property with a pool consisting of three separate units in a prime in town location. Endless opportunities; Combine units and utilize the existing structure for a single family home, keep as an income producing duplex, or purchase with neighboring lot offered for sale at 226 Oleander to build a more expansive property with a combined 8,500+ square foot lot.

The manager has listed the unit size as 1452 square feet.
Unit Size
1,452Ft²
Days on Market
-
Land Size
-
Price per sqft
$2,755
Property Type
House
Property Taxes
$2,317
HOA Dues
-
Year Built
1955

Price History

Date / Event Date Event Price
Jan 30, 2024 No longer available -
No longer available
Jan 6, 2024 Price Decreased $4,000,000
↓ $250K (5.9%)
Price Decreased
Nov 13, 2023 Listed $4,250,000
Listed
Income producing property with a pool consisting of three separate units. Endless opportunities; Combine units and utilize the existing structure for a single family home, keep as an income producing duplex, or purchase with neighboring lot offered for sale at 226 Oleander to build a more expansive property with a combined 8,500+ square foot lot.
Oct 12, 2022 No longer available -
No longer available
May 9, 2022 Listed $9,500,000
Listed
216-226 Oleander Ave, build two homes or one large home, prime in-town location, 1.5 blocks from the beach, close to Publix, fine dining, Houses of Worship and the Lake Trail.
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1975
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Masonry
  • Building Style: Duplex
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Concrete
  • Floor Count: 2
  • Living Units: 1
  • Business/Commerical Units Count: 2
  • Floor Cover: Terrazzo
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 4,251
  • Lot Size Depth Feet: 80
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,492
  • Gross Building Area: 1,492
  • Building Area: 1,452
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: None
  • Heated Square Feet: 1,452
  • Heating Fuel Type: None

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: JEANETTE COURT ADD
  • Land Acres: 0.098
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: JEANETTE COURT ADD LT 5

Ownership

  • Current Owner : DUNWOODY EQUITY CORP
  • Previous Owner : JEYANANDARAJAN PADMINI
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 003512

Zoning

  • Zoning: R-C

Geography

  • Assessors Map Reference: 131
  • Parcel: 50-43-43-15-06-000-0050
  • Lot: 5
  • Meridian: SEC 15 TWN 43S RNG 43E
  • Municipality: PALM BEACH
  • Latitude: 26.7213
  • Longitude: -80.0387

    Address

  • Full Address: 216 Oleander Ave
  • Address - House Number: 216
  • Address - Street Name: Oleander
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Palm Beach
  • Carrier Code: C067
  • 4-Digit Zip Code: 7424
  • Zip Code: 33480

Valuation

    Tax

  • Total Area: 1,464
  • Tax Year: 2022
  • Tax Amount: $22,728
  • Tax Rate Code Area: 50411

    Appraisal Valuation

  • Standard Deviation: 0.1485
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 82
  • Final Value: 3,852,282
  • High Value: 4,424,655
  • Low Value: 3,279,909

    Market Valuation

  • Market Total Value: $1,890,464
  • Market Land Value: $1,676,505
  • Market Improvement Value: $213,959

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,038,093

    Sales

  • Current Sale Recording Date: Sep 11, 1997
  • Current Sale Transaction ID: 11447447585
  • Current Sale Price: $250,000
  • Current Sale Document Type: Warranty Deed



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
2 Baths
1,458 ft²
$2,709/ft²
$3,950,000 Apr 27, 2023
-
$2,029/mo
Condo
3 Beds
2 Baths
2,371 ft²
$1,645/ft²
$3,900,000 Oct 16, 2023
-
$6,528/mo
Condo
2 Beds
3 Baths
2,434 ft²
$1,469/ft²
$3,575,000 Apr 24, 2023
-
$4,141/mo
Land
Loft
-
-
$4,250,000 Apr 25, 2023
-
$1,606/mo

About Jeanette Court


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Frequently Asked Questions

When was property at 216 Oleander Avenue built and last sold?
The property at 216 Oleander Avenue was built in 1955 and last sold on Jan 1, 1970 for $250,000.
How much is this home worth?
The estimated value of the home located at 216 Oleander Avenue is $4,292,500.
What are some comparable homes to 216 Oleander Avenue?
Homes that are comparable to 216 Oleander Avenue include a house property at 223 Park Avenue, a condo property at 400 North Flagler Drive, 201 South Narcissus Avenue.

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