Three-Unit Triplex with Private
For Sale
$620,000
1831 Juno Road, North Palm Beach, FL 33408
MULTI_FAMILY - North Palm Beach, FL
Property Size1,598 SF
Lot Size0.32 Acres
Price / SF$387.98
Days on Market252
Property Features for 1831 Juno Road
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Zoning
RH
Bedrooms
3
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 3, Bathroom 3, Bathroom 2, Bedroom 1, Bedroom 2, Bathroom 1
Patio and Porch features
Patio
Subdivision
JUNO TERR
Elementary school
The Conservatory School at North Palm Beach
Middle school
Howell L. Watkins
High school
William T. Dwyer
Standard status
Active
APN
00434133010000132
Size
1,598 SF
Lot size
0.32 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
JUNO TERRACE S 1/2 OF LT 13
Tax Annual Amount
9890
Legal Description
JUNO TERRACE S 1/2 OF LT 13
Utilities
Utilities
Water Available
Sewer type
Septic Tank
Heating system
Electric (Heating)
Cooling system
Wall/Window Unit(s), Ceiling Fan(s), Window Unit(s)
Water source
Well
Amenities
Private Entrances
Screened Patio
Building Details
Year built
1960
Floors in Building
1
Number of units
3
Flooring type
Tile - Ceramic, Laminate
Building materials
CBS
Roof type
Tar/Gravel, Flat
Listing Agency:
Mastropieri Group LLC
(561) 544-7000
Listed By:
Lawrence A Mastropieri · License #3252988
(561) 544-7000
Added: Nov 25, 2025
Changed: Aug 3
Last Checked: Aug 4 at 7:06AM
MLS# R11143433
Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located at 1831 Juno Road, this three-unit triplex sits on a 0.32-acre lot with 1,598 SF of building area. The property was built in 1960 with CBS construction and features ceramic tile and laminate flooring, electric heating, and wall/window and window unit cooling. Each unit has its own private entrance and dedicated open parking. Updates include updated kitchens, and the outdoor space features a patio with a screened patio setup.
All three units are currently rented. The property is served by well water and a septic tank. The roof is described as tar/gravel and flat.
Zoning is RH, and the property is described as zoned for 5 units, supporting future expansion potential while maintaining the existing triplex configuration.
All three units are currently rented. The property is served by well water and a septic tank. The roof is described as tar/gravel and flat.
Zoning is RH, and the property is described as zoned for 5 units, supporting future expansion potential while maintaining the existing triplex configuration.
Key Highlights
- 0.32‑acre lot with 1,598 SF triplex building area
- All three units currently rented
- Private entrances and dedicated open parking for each unit
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $40.3k | $25.20 |
| − Vacancy | −$2.2k | −$1.39 |
| EGI | $38.1k | $23.81 |
| − OpEx | −$11.4k | −$7.14 |
| NOI | $26.6k | $16.67 |
1,598 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$380.5K
$333.0K – $444.0K
NOI $26,638 @ 7.0% cap · market cap 4.30%
Second Best
Apartment 5plus
$351.1K
$307.2K – $409.6K
NOI $24,576 @ 7.0% cap · market cap 3.96%
Theoretical Best
Office A
$1.13M
$984.7K – $1.31M
NOI $78,778 @ 7.0% cap · market cap 12.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,031
Businesses Nearby
Explore this area
Business Placement
Demographics for 33408, FL
18,965
Population
13,490
Households
1.4
Avg Household Size
58
Median Age
52%
College-Educated
96%
High-School Grad
6.8 sq mi
ZIP Area
2,789
Density / Sq Mi
$91,390
Median Household Income
$65,606
Median Earnings
$1,885
Median Rent
$502,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Well-kept three-unit triplex with private entrances and a screened patio; all units currently rented.
Where is this triplex located?
The property is located at 1831 Juno Road North Palm Beach, FL.
What is the asking price?
The asking price for this property is $620,000.
What are key features of this property?
This property features: 0.32‑acre lot with 1,598 SF triplex building area; All three units currently rented; Private entrances and dedicated open parking for each unit
