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1853 Service Road, North Palm Beach FL 33408

Commercial For Sale
$1,190,000

BTC: 19.86644407

ETH: 721.21212121

82 days
0 room(s)

Overview

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!

Location

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1974
Lot:
0.31 Acres
Heating:
Central
Price/sqft:
No Data
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,400,000
$451K – $4.3M
Confidence Low
List vs. estimate
$210K below estimate
List $1,190,000 · -15.0%
Our model says this listing is priced below recent comparable activity. Expect competition.
Based on
7 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $505K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$16,535
2025
Parking
10 spaces
All facts and features
  • Flooring

    • Carpet

    • Tile

    • Vinyl

    Heating

    • Central

    Cooling

    • Central Air

  • Property

    • Levels: 1

    Lot

    • Lot: 0.31 Acres

    Other Property Information

    • Parcel Number: 00434133010000232

    • Zoning: RH

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Multi Family

  • Utility

    • Septic

    • Electricity Available

  • Other financial information

    • Annual tax amount: $16,535

  • Source details

    • MLS ID: B26010370

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: 1/4 To Less Than 1/2 Acre Lot / Less Than 1 Acre / Septic

    • Water Source: Well

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Prime Real Estate & Investment LLC