Ideally Positioned On A 100' X 85' Lot In One Of Palm Beach's Most Coveted In-town Locations, This Meticulously Maintained Two-story Cbs-construction Multifamily Property Offers Exceptional Versatility And Long-term Upside. Just Steps From The Ocean And Moments From Palm Beach's Premier Restaurants, Boutiques, And Cultural Destinations, The Setting Is Truly Unparalleled. The Sale Includes Pre-approved Plans For An Approximately 4,500-square-foot New Residence, Creating An Outstanding Opportunity For Redevelopment Or Custom End-user Use. The Existing Structure Is Configured As Three Well-appointed Apartments, Including One Two-bedroom/two-bath Residence And Two One-bedroom/one-bath Units, Providing Immediate Income Potential. Additional Features Include A Garage Topped By A Private Rooftop Deck, Four Off-street Parking Spaces, And 100 Feet Of Frontage On Oleander Avenue. Whether Preserved As An Income-producing Asset Or Transformed Into A New Luxury Estate, This Offering Combines Solid Construction, An Irreplaceable Location, And Multiple Value-enhancement Options Making It A Rare Opportunity On Palm Beach Island.