$1,190,000
1853 Service Road
North Palm Beach, FL 33408
MLS# B26010370
4350 sqft


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Property Description
INVESTOR'S DREAM OPPORTUNITY! Ideal for a Vacation/Short Term rental within minutes of the Beach and the New Ritz Carlton Residence. This 5-unit multifamily building in desirable Juno Beach is a rare find, just minutes from the beach! Cash flow from day one with plenty of potential for growth. Features include a 2021 roof, fully updated electrical (2024), newer appliances, units 2 & 4 have recently been FULLY RENOVATED, and newer central A/C in all units. A coin-operated laundry room and ample parking add convenience. The building offers a mix of unit sizes: Unit 1 is a 3BR/2BA, Units 2 is a 1BR/1BA, and Units 3, 4, & 5 are 2BR/1BA. Each unit has its own electrical meter. Well-maintained with below-market rents, this property is poised for upside. Don't miss this incredible opportunity!

Details
Contract Information
Comp Sale YN: No
Negotiable Seller Concessions YN: Yes
Listing Contract Date: 2026-04-02
Status: Active
Original List Price: 1190000
List Price: $1,190,000
Current Price: $1,190,000
Listing Service: Full Service
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
City Name: North Palm Beach
Postal Code: 33408
Geographic Area: PB28
Property Description: 5 unit multifamily
Country: United States
Street Number: 1853
Street Name: Service
Street Suffix: Road
State Or Province: FL
Area: 5220
Parcel Number: 00434133010000232
Zoning: RH
General Property Information
Number Of Units Total: 5
Accessibility Features YN: No
Lot Size Area: 13503.6
Stories Total: 1
Stories: 1
Property Sub Type: Multi Family
Building Area Main: 4350
Building Area Source: Public Records
Year Built: 1974
Parking Total: 10
Lot Size Acres: 0.31
Office/Member Information
DXORIGMLSID: RML
Electric
Separate Meters: 1
Flooring
Carpet: 1
Tile: 1
Vinyl: 1
Special Listing Conditions
Standard: 1
Documents Available
Existing Survey: 1
Meter Information
Separate Electric Meters YN: Yes
Separate Gas Meters YN: No
Separate Water Meters YN: No
Number Of Meters Total: 6
Number Of Separate Electric Meters: 6
Tenant Pays
Electricity: 1
Possession
Subject To Tenant Rights: 1
Sewer
Septic Tank: 1
Utilities
Electricity Connected: 1
Building and Property Details
# Of Toilets: 6
% Air Conditioned: 100
Maximum Ceiling Height: 8
Heating
Central: 1
Sale Includes
Building: 1
Land: 1
Construction Materials
CBS: 1
Listing Terms
Cash: 1
Conventional: 1
Roof
Composition: 1
Security Features
Smoke Detector(s): 1
Water Source
Well: 1
Description of Unit Type 1
Unit Type: 3 Bedroom
Beds Total: 3
Full Baths: 2
Annual Rent: 24000
Description of Unit Type 2
Unit Type: 1 Bedroom
Beds Total: 1
Full Baths: 1
Annual Rent: 17400
Cooling
Central Air: 1
Description of Unit Type 3
Unit Type: 2 Bedroom
Beds Total: 2
Full Baths: 1
Annual Rent: 17700
Description of Unit Type 4
Unit Type: 2 Bedroom
Beds Total: 2
Full Baths: 1
Annual Rent: 21600
Description of Unit Type 5
Unit Type: 2 Bedroom
Beds Total: 2
Full Baths: 1
Annual Rent: 18600
Showing Requirements
Appointment Only: 1
Call Listing Agent: 1
Occupied: 1
Text Listing Agent: 1
Occupant Details
Tenant Occupied: 1
Showing Details
Pet(s) on Premises: No
Price Calculations
Current Price To SqFt: 273.56
Acreage Description
1/4 To Less Than 1/2 Acre Lot: 1
Less Than 1 Acre Lot: 1
Financial Information
Tax Annual Amount: 16535
Tax Year: 2025
Tax Legal Description: JUNO TERRACE S 1/2 OF LT 23
Status Change Information
Major Change Timestamp: 2026-04-02T19:50:31Z
Major Change Type: New Listing
Status Change Date: 2026-04-02
Originating Details
Originating System Key: 20260402190915363980000000
Originating System ID: M00000170
Property Features
Documents Available: Existing Survey
Electric: Separate Meters
Flooring: Carpet; Tile; Vinyl
Heating: Central
Possession: Subject To Tenant Rights
Sale Includes: Building; Land
Special Listing Conditions: Standard
Tenant Pays: Electricity
Construction Materials: CBS
Cooling: Central Air
Listing Terms: Cash; Conventional
Roof: Composition
Security Features: Smoke Detector(s)
Sewer: Septic Tank
Utilities: Electricity Connected
Water Source: Well
Showing Requirements: Appointment Only; Call Listing Agent; Occupied; Text Listing Agent
Occupant Details: Tenant Occupied
Acreage Description: 1/4 To Less Than 1/2 Acre Lot; Less Than 1 Acre Lot

IDX
Listing Office: Prime Real Estate & Investment LLC

Last Updated: April - 02 - 2026

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