MLS# RX-11008348 - 1853 Service Road, North Palm Beach, FL 33408

$1,279,000
Sqft: 4,350
Est. $4,710 / mo.*
115 Days On Market

Courtesy of Exhibit Realty LLC

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Status: Active
Property Type: Multifamily (5+ Units)
Year Built: 1974
Days On Website: 115

Property Details for 1853 Service Road, North Palm Beach, FL 33408

DO NOT DISTURB THE TENANTS! INVESTORS SPECIAL!!! This is a great opportunity to own a 5-unit multifamily building in the desirable Juno Beach minutes from the beach. The property will cash flow from day one with tons of potential. The property features a 2021 Roof, All New Electrical fully updated in 2024, Newer Central A/C in all the units, coin functioning laundry room, plenty of parking, and much much more. Unit 1 is a 3 Bedroom, 2 Bathroom, Unit 2 is a 1 Bedroom, 1 Bathroom, Unit 3,4, and 5 are all 2 Bedroom, 1 Bathroom units. All the units have their own electrical meters and this is a fully functioning 5-plex. The property is well maintained and has lots of potential for growth. Current rents are below market value. COME AND CHECK THIS OUT TODAY!

Listing

  • Source: Palm Beach
  • List price: $1,279,000
  • MLS ID: 20121115220811115022000000
  • Listing ID: RX-11008348
  • Listing date: 2024-07-30
  • Status: Active
  • For lease?: No
  • $294 per square foot
  • Long Term
  • Month to Month

Bathrooms

  • 6 total bathrooms
  • 2 full bathrooms, unit 1
  • 1 full bathroom, unit 2
  • 1 full bathroom, unit 3
  • 1 full bathroom, unit 4
  • 1 full bathroom, unit 5

Building

  • 4,350 total building square feet
  • Built in 1974
  • 1 story
  • 5 units in build
  • Square footage source: SimpleTemplate
  • CBS
  • Smoke Detector
  • Resident. Multi-Fam.

Cooling

  • Central

Floors

  • Carpet
  • Tile
  • Vinyl Floor

Heating

  • Central

Location

  • County: Palm Beach
  • Subdivision: JUNO TERR

Lot

  • 0 acres

Miscellaneous

  • Unit 1 description: 3 Bedroom
  • Annual rent, unit 1: 24000.00
  • Rent period, unit 1: Month
  • Unit 2 description: 1 Bedroom
  • Annual rent, unit 2: 17400.00
  • Rent period, unit 2: Month
  • Unit 3 description: 2 Bedroom
  • Annual rent, unit 3: 17700.00
  • Rent period, unit 3: Month
  • Unit 4 description: 2 Bedroom
  • Annual rent, unit 4: 15000.00
  • Rent period, unit 4: Month
  • Unit 5 description: 2 Bedroom
  • Annual rent, unit 5: 18600.00
  • Rent period, unit 5: Month
  • Cable
  • Electric
  • Cash
  • Conventional

Property

  • Property type: E
  • Zoning: RH
  • Waterfront: No

Roof

  • Comp Shingle

Taxes

  • Real estate taxes: $10,586
  • Year: 2023

Utilities

  • 5.00 meter
  • Electric
  • Septic
  • Well Water

Map View

$1,279,000 - 1853 Service Road, North Palm Beach, FL 33408

Street View

Directions

1853 Service Road
North Palm Beach, FL 33408
County: Palm Beach

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