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1853 Service Road

North Palm Beach, FL 33408
  • $1,279,000
  • STATUS: Active
  • ON SITE: 75 Days
  • ID#: RX-11008348
UPDATED: 21 min ago
$1,279,000
  • 0
    BEDS
  • 0.31
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,350
    SQFT
  • $294
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1974
County:

School Ratings & Info

Description

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!

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www.keriannworley.com/homes/153106005
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1853 Service Road North Palm Beach, FL 33408

  • Price: $1,279,000
  • Status: Active
  • On Site: 75 Days
  • Updated: 21 min ago
  • ID#: RX-11008348
0
Beds
0
Baths
0
½ Baths
0.31
Acres
4,350
SQFT
$294
$/SQFT
1974
Built
Neighborhood:
Juno Terr
County:
Palm Beach
Area:
North Palm Beach
Property Description
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!
Exterior Features

Construction CBS Roof Comp Shingle Waterfront YN No

Interior Features

Bath Toilets 6.00 Cooling Central Flooring CarpetTileVinyl Floor Heating Central Percent Air Conditioned 100.00 Unit1 Full Baths 2 Unit1 Unit Desc 3 Bedroom Unit2 Full Baths 1 Unit2 Unit Desc 1 Bedroom Unit3 Full Baths 1 Unit3 Unit Desc 2 Bedroom Unit4 Full Baths 1 Unit4 Unit Desc 2 Bedroom Unit5 Full Baths 1 Unit5 Unit Desc 2 Bedroom

Property Features

Auction No Available Docs Survey Available Info None Fire Protection Smoke Detector For Lease No For Sale Yes Lease Long TermMonth to Month List Office Board Code Realtor Association of the Palm Beaches (RAPB) Meters 5.00 Possession Subject to Lease Sale Includes Building and Land Tax Amount Real Estate Taxes 10586.20 Tax Year 2023 Tenant Pays CableElectric Terms Considered CashConventional Type Of Building Resident. Multi-Fam. Unit1 Ann Rent 24000.00 Unit1 Rent Period Month Unit2 Ann Rent 17400.00 Unit2 Rent Period Month Unit3 Ann Rent 17700.00 Unit3 Rent Period Month Unit4 Ann Rent 15000.00 Unit4 Rent Period Month Unit5 Ann Rent 18600.00 Unit5 Rent Period Month Use Other Utilities ElectricSepticWell Water Zoning RH

Listing provided courtesy of Exhibit Realty Llc: . Listing information © 2024 BeachesMLS
 
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Keriann Worley, Broker Associate at Douglas Elliman Real Estate
444 East Palmetto Park Rd
Boca Raton FL, 33432