2016 Joy-rene Lane
$1,575,000
2016 Joy-rene Lane, West Palm Beach, FL 33408
47,833
NOI
4,492 sqft
Building Size
Details:
Highlights:
- Lot Features: 1/4 To Less Than 1/2 Acre Lot, Corner Lot, Less Than 1 Acre, Fenced, Septic
- Building Features: Outside Storage
- Gross Income: 103000
- Bathrooms Total: 0
- Documents Available: Copies Of Lease(S)
- Cooling: Central Air, Electric
- Heating: Central, Electric
- Flooring: Tile
- Construction Materials: CBS Construction
Description:
Exceptional 5-unit coastal compound on a lush .30-acre corner lot, steps from the Intracoastal and 2 miles to world-class Juno & Jupiter beaches. This property offers rare versatility for investors, seasonal operators, or a multi-generational family. The unit mix features a premium 2-story, 1 bed, 1.5 bath, 1,000 SF main house with a private courtyard, plus three spacious 925 SF 2BR/1BA units and an efficiency with a Murphy bed. On-site laundry (2W/2D), private storage, and central AC throughout. Short-term rentals are legally permitted, offering significant value-add upside to reposition as a boutique hospitality asset. Prime location near the marina, dining, and shops. A rare opportunity to own a high-yield potential asset in a prestigious North Palm Beach/Juno location.
Location
Gallery
