1803 Service Rd North Palm Beach, FL 33408
- Small apartment buildings
Current Use by Public Records
- Small apartment buildings
Property Details for 1803 Service Rd
- Year built
- 1973
- Property type
- Small apartment buildings
Description
Investor and developer opportunity awaits with this North Palm Beach multifamily property located at 1803 Service Rd, 33408. This one-story, 1973-built apartment building sits on a just under one-third-acre lot, offering significant potential for redevelopment or rental income. Currently configured as a duplex/triplex/quadruplex, the property is zoned to allow up to four units. The property boasts a recently replaced septic system (within the last two years) and includes existing reverse osmosis equipment. The convenient location offers quick access to Juno Park's public boat ramp, making it attractive to a wide range of tenants. While one unit sustained recent fire damage, this presents an opportunity for renovation or new construction, maximizing the property's value. The absence of a homeowner's association (HOA) provides flexibility for owners. Ample space allows for boat, RV, or work truck parking. The asking price is $698,500. This property is expected to sell quickly, making it an ideal investment for those seeking immediate returns or long-term growth. Don't miss this chance to capitalize on the thriving North Palm Beach real estate market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- North Palm Beach
- County
- Palm Beach
- State
- Florida
- Longitude
- -80.0610417
- Latitude
- 26.8538278
