2016 Joy-Rene Lane, North Palm Beach, FL 33408

Property 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.