Juno Beach Multifamily Investment
1853 Service Rd North Palm Beach, FL 33408
1853 Service Rd, North Palm Beach, FL, 33408
$1,190,000
For Sale
$1,190,000
Five-unit multifamily building near the beach with income growth potential.
Days on Market106
Property Features for 1853 Service Rd
General Information
- Standard status
- Active
- Property subtype
- Commercial
Building Details
- Year Built
- 1974
Listing Agency
(954) 548-8094
Listed by
Mustafa Gaffar
(954) 548-8094
Source
Elliman
Added: Apr 3 Checked: Jul 17 at 6:12 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Mustafa Gaffar
Investment Insights
Based on property information with market context.
This five-unit multifamily building is located in Juno Beach, offering proximity to the beach. It is suitable for vacation or short-term rentals. The property includes a mix of unit sizes: one 3-bedroom, 2-bathroom unit; one 1-bedroom, 1-bathroom unit; and three 2-bedroom, 1-bathroom units. Each unit is equipped with its own electrical meter. The building features a 2021 roof and fully updated electrical system from 2024. Newer appliances are installed throughout. Units 2 and 4 have been fully renovated recently, and all units have newer central air conditioning. A coin-operated laundry room and ample parking are available. The property is well-maintained and offers potential for income growth.
Key Highlights
- Ideal for vacation/short‑term rental near the beach and the new Ritz Carlton Residence.
- Cash flow from day one with potential for growth due to below‑market rents.
- 2021 roof and fully updated electrical (2024).
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Short term rental ...
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FAQs
What type of property is this?
Apartment building - Five-unit multifamily building near the beach with income growth potential.
Where is this apartment building located?
The property is located at 1853 Service Rd North Palm Beach, FL.
What is the asking price?
The asking price for this property is $1,190,000.
What are key features of this property?
This property features: Ideal for vacation/short‑term rental near the beach and the new Ritz Carlton Residence.; Cash flow from day one with potential for growth due to below‑market rents.; 2021 roof and fully updated electrical (2024).
