240 Oleander Ave #244, Palm Beach, FL 33480

For Sale By Owner Prime Palm Beach Opportunity. Hidden Gem Rare opportunity in the heart of the Town of Palm Beach. This 8,500 sq. ft. lot currently features a well-maintained three-unit income-producing complex: two 1-bedroom residences on the 1st floor and one spacious 2-bedroom residence on the 2nd floor. Each unit offers bright, open living spaces, natural light, and easy access to beach, lake bike trail, shopping, and dining in the prestigious Royal Poinciana Plaza. Fortunately the new owner will have an exciting opportunity to build their dream home with an ARCOM pre-approved set of plans designed by a palm beach architect . This 4500 square foot luxury residential home, features 4 bedrooms, 5 baths, 2 car garage, beautiful pool, and an an attractive landscape design. This rare dual opportunity allows buyers the flexibility to either enjoy immediate rental income or build custom home in one of the most prestigious markets in the country. Located just two blocks from the beach, the intracoastal, shopping and walking distance to some of finest dining experiences. This property combines location, lifestyle, and long-term potential.as a private retreat or future dream home, it is a canvas for creating lasting value in Palm Beach. Highlights: 8,500 sq. ft. lot in the Town of Palm Beach with parking Existing 3-unit rental property (Two 1BRs + One 2BR) Income-producing with flexible use options Purchase price includes a Full Set of Architectural Drawings which are pre-approved by ARCOM-for a 4,500 sq. ft. new construction dream home. Prime location within walking distance to beach, bike trail,supermarkets, hair salons, pharmacy and high end boutique shopping, and world class dining experiences. Location, Location, Location!!!!!!