$1,420,000
North Palm Beach, FL 33408
MLS# R11063736
Status: Closed
4064 sqft
1 / 24
Property Description
Prime multifamily investment opportunity in an unbeatable location. This rare double duplex property sits on a coveted .56-acre parcel in unincorporated Palm Beach County, just steps from the highly anticipated Ritz-Carlton Residences and the PGA Blvd corridor. Comprised of four well-appointed 2-bedroom, 1-bath units each featuring updated kitchens, impact glass, private laundry, and outdoor patios, this property offers excellent rental income potential. With luxury development transforming the area, this investment ensures long-term value insulation in one of South Florida's most desirable markets. Minutes from championship golf, fine dining, picturesque waterways, and world class beaches, this is a rare chance to secure a prime multifamily asset in an area poised for additional growth.
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2025-02-18
Status: Closed
Original List Price: 1595000
Sold Price: $1,420,000
Current Price: $1,420,000
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
City Name: North Palm Beach
Postal Zip: 33408
Development Name: Juno Ridge
Geographic Area: PB28
Special Assessment YN: No
Country: United States
Street Number: 1750
Street Name: Seder
Street Suffix: Lane
State Or Province: FL
Postal Code: 33408
Subdivision Name: Juno Ridge
Area: 5220
Parcel Number: 00434204000003262
Zoning: RH/MultiFamily
Directions: PGA Blvd to Ellison Willson, north on Ellison Wilson to Seder Lane (on the right)
General Property Information
Number Of Units Total: 4
Living Area Main: 3224
Gated Community YN: No
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Stories: 1
Pool Private YN: No
Property Sub Type: Quadruplex
Building Area Main: 4064
Building Area Source: Public Records
Year Built: 1973
Office/Member Information
DXORIGMLSID: RML
Status Change Information
Buyer Financing: Cash
Major Change Timestamp: 2025-06-06T23:52:08Z
Major Change Type: Status Change
Status Change Date: 2025-06-06
Under Contract Date: 2025-04-10
Close Date: 2025-06-06
Close Price: 1420000
Association Amenities
Jogging Path: 1
Park: 1
Electric
Three Phase: 1
Flooring
Tile: 1
Property Condition
Resale: 1
Short Sale Details
Short Sale Addendum: No
Documents Available
Other: 1
Fencing
Fenced: 1
Meter Information
Separate Electric Meters YN: Yes
Separate Water Meters YN: Yes
Structure Type
Quadruplex: 1
Tenant Pays
Electricity: 1
Taxes: 1
Possession
Close Of Escrow: 1
Negotiable: 1
Sewer
Septic Tank: 1
Utilities
Cable Available: 1
Water Available: 1
View
Garden: 1
Heating
Electric: 1
Other: 1
Sprinkler Description
Auto Sprinkler: 1
Well Sprinkler: 1
Zoned Sprinkler: 1
Water Access
None: 1
Construction Materials
Block: 1
CBS: 1
Concrete: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Room for Pool: 1
Roof
Composition: 1
Water Source
Well: 1
Income and Expenses
Annual Total Expense: 86500
Gross Income: 155000
Net Operating Income: 68500
Source Of Expenses
Owner Provided: 1
Cooling
Electric: 1
Other: 1
Showing Requirements
Appointment Only: 1
Call Listing Agent: 1
Text Listing Agent: 1
Restrictions
No Restrictions: 1
Storm Protection
Impact Glass: Complete
Tax Information
County Only: 1
Outdoor Living Spaces
Patio: 1
Patio Details
Patio - Covered: 1
Contingencies
None: 1
Unit 1 Appliances
Dishwasher: 1
Dryer: 1
Microwave: 1
Range: 1
Refrigerator: 1
Washer: 1
Unit 1 Details
Actual Rent: 3225
Baths Full: 1
Beds Total: 2
Furnished: Furnished
SqFt: 806
Unit 1 Other Equipment
Air Conditioning Unit: 1
Smoke Detector(s): 1
Unit 1 Parking Features
Open Parking: 1
Unit 1 Patio/Porch
Patio/Porch: 1
Unit 1 Rooms
Family Room: 1
Kitchen: 1
Laundry Room: 1
Utility Room: 1
Unit 2 Appliances
Dishwasher: 1
Dryer: 1
Microwave: 1
Range: 1
Refrigerator: 1
Washer: 1
Unit 2 Details
Actual Rent: 3225
Baths Full: 1
Beds Total: 2
Furnished: Furnished
SqFt: 806
Unit 2 Other Equipment
Air Conditioning Unit: 1
Smoke Detector(s): 1
Unit 2 Parking Features
Open Parking: 1
Unit 2 Patio/Porch
Patio/Porch: 1
Unit 2 Rooms
Family Room: 1
Kitchen: 1
Laundry Room: 1
Utility Room: 1
Unit 3 Appliances
Dishwasher: 1
Dryer: 1
Microwave: 1
Range: 1
Refrigerator: 1
Unit 3 Details
Actual Rent: 3225
Baths Full: 1
Beds Total: 2
Furnished: Furnished
SqFt: 806
Unit 3 Other Equipment
Air Conditioning Unit: 1
Smoke Detector(s): 1
Unit 3 Parking Features
Open Parking: 1
Unit 3 Patio/Porch
Patio/Porch: 1
Unit 3 Rooms
Family Room: 1
Kitchen: 1
Laundry Room: 1
Utility Room: 1
Unit 4 Appliances
Dishwasher: 1
Dryer: 1
Microwave: 1
Range: 1
Refrigerator: 1
Washer: 1
Unit 4 Details
Actual Rent: 3225
Baths Full: 1
Beds Total: 2
Furnished: Furnished
SqFt: 806
Unit 4 Other Equipment
Air Conditioning Unit: 1
Smoke Detector(s): 1
Unit 4 Parking Features
Open Parking: 1
Unit 4 Patio/Porch
Patio/Porch: 1
Unit 4 Rooms
Family Room: 1
Kitchen: 1
Laundry Room: 1
Price Calculations
Current Price To SqFt: 440.45
Original List Price To Close Price: 1.12
Acreage Description
1/2 To Less Than 1 Acre Lot: 1
Financial Information
Tax Annual Amount: 13140
Tax Year: 2024
Tax Legal Description: 4-42-43, WLY 250 FT OF ELY 937.14 FT OF NLY 100 FT OF S 700 FT OF NW 1/4 LYG W OF US HWY 1
Originating Details
Originating System Key: 20250218135021853225000000
Originating System ID: M00000170
Property Features
Association Amenities: Jogging Path; Park
Documents Available: Other
Electric: Three Phase
Fencing: Fenced
Flooring: Tile
Property Condition: Resale
Structure Type: Quadruplex
Tenant Pays: Electricity; Taxes
Source Of Expenses: Owner Provided
Construction Materials: Block; CBS; Concrete
Cooling: Other
Heating: Electric; Other
Listing Terms: Cash; Conventional
Lot Features: Room for Pool
Possession: Close Of Escrow; Negotiable
Restrictions: No Restrictions
Roof: Composition
Sewer: Septic Tank
Sprinkler Description: Auto Sprinkler; Well Sprinkler; Zoned Sprinkler
Tax Information: County Only
Utilities: Cable Available; Water Available
View: Garden
Water Access: None
Water Source: Well
Showing Requirements: Appointment Only; Call Listing Agent; Text Listing Agent
Outdoor Living Spaces: Patio
Patio Details: Patio - Covered
Unit 1 Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer
Unit 1 Other Equipment: Air Conditioning Unit; Smoke Detector(s)
Unit 1 Parking Features: Open Parking
Unit 1 Rooms: Family Room; Kitchen; Laundry Room; Utility Room
Unit 2 Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer
Unit 2 Other Equipment: Air Conditioning Unit; Smoke Detector(s)
Unit 2 Parking Features: Open Parking
Unit 2 Rooms: Family Room; Kitchen; Laundry Room; Utility Room
Unit 3 Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator
Unit 3 Other Equipment: Air Conditioning Unit; Smoke Detector(s)
Unit 3 Parking Features: Open Parking
Unit 3 Rooms: Family Room; Kitchen; Laundry Room; Utility Room
Unit 4 Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer
Unit 4 Other Equipment: Air Conditioning Unit; Smoke Detector(s)
Unit 4 Parking Features: Open Parking
Unit 4 Rooms: Family Room; Kitchen; Laundry Room
Contingencies: None
Acreage Description: 1/2 To Less Than 1 Acre Lot
Listing Office: Illustrated Properties LLC (Co
Last Updated: August - 11 - 2026
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