250,000 SF Apartment For Sale — $1,250,000 — 1845 Dillone Ln, North Palm Beach – #81976

Executive Summary
Marcus & Millichap is pleased to present a five-unit multifamily property located at 1845 Dillone Lane in Juno Beach, Florida. Built in 1960, the property totals 4,140 gross square feet and is situated on a 0.38-acre lot. Constructed of concrete block, the property features a pitched composite shingle roof that was replaced in 2016. The property is comprised entirely of five two-bedroom/one-bathroom units averaging approximately 828 square feet, providing spacious floorplans that continue to experience strong demand in the Juno Beach rental market. The property is serviced by private well and septic systems and is located on a private, low-traffic street, offering residents a quiet residential setting.
1845 Dillone Lane is ideally located just minutes from Juno Beach, U.S. Highway 1, PGA Boulevard, and Interstate 95, providing convenient access to major employment centers throughout northern Palm Beach County. Residents enjoy proximity to The Gardens Mall, Downtown at the Gardens, Legacy Place, John D. MacArthur Beach State Park, Juno Pier, and numerous waterfront restaurants and marinas. Nearby employment drivers include Palm Beach Gardens Medical Center, Jupiter Medical Center, and the expanding PGA Boulevard business corridor.
Juno Beach remains one of South Florida's most desirable coastal communities, benefiting from limited multifamily inventory, high household incomes, and strong barriers to new development. The property's combination of spacious floorplans, separate utility metering, and premier coastal location positions it for continued rental demand and long-term appreciation.
1845 Dillone Lane presents a rare opportunity to acquire a well-maintained boutique multifamily asset in one of Palm Beach County's most sought-after beachside markets.

Allowed by right

Agriculture, Storage [Agricultural] (DRO site-plan approval), Bed and Breakfast [Commercial] (DRO site-plan approval), Community Vegetable Garden [Agricultural], Cottage Home [Residential], Electric Distribution Substation [Utility] (DRO site-plan approval), Family Community Residence [Residential], Large Family Child Care Home [Institutional, Public & Civic] (DRO site-plan approval), Minor Utility [Utility] (DRO site-plan approval), Park, Neighborhood Infill [Recreation], Park, Passive [Recreation] (DRO site-plan approval), Place of Worship [Institutional, Public & Civic] (DRO site-plan approval), Recovery Community [Residential], Shade House [Agricultural], Single Family [Residential], Townhouse [Residential] (DRO site-plan approval), Transitional Community Residence [Residential], Type 1A Excavation [Excavation], Type 1B Excavation [Excavation] (DRO site-plan approval), Zero Lot Line Home (ZLL) [Residential] (DRO site-plan approval)

With special approval

Agricultural Excavation [Excavation] (Class A conditional use - BCC), Agriculture, Bona Fide [Agricultural] (Class A conditional use - BCC), Assembly Institutional Nonprofit [Institutional, Public & Civic] (Class A conditional use - BCC), Cemetery [Institutional, Public & Civic] (Class A conditional use - BCC), Congregate Living Facility [Residential] (Class A conditional use - BCC), Day Care General [Institutional, Public & Civic] (Class A conditional use - BCC), Day Care Limited [Institutional, Public & Civic] (Class B conditional use - Zoning Commission), Electric Transmission Substation [Utility] (Class A conditional use - BCC), Golf Course [Recreation] (Class A conditional use - BCC), Government Services [Institutional, Public & Civic] (Class A conditional use - BCC), Multifamily [Residential] (Class A conditional use - BCC), Nursery, Retail [Agricultural] (Class A conditional use - BCC), Nursery, Wholesale [Agricultural] (Class B conditional use - Zoning Commission), Park, Public [Recreation] (Class B conditional use - Zoning Commission), Produce Stand [Agricultural] (Class A conditional use - BCC), Renewable Energy Solar Facility [Utility] (Class B conditional use - Zoning Commission), Renewable Energy Wind Facility [Utility] (Class A conditional use - BCC), Rooming and Boarding House [Commercial] (Class A conditional use - BCC), School - Elementary or Secondary [Institutional, Public & Civic] (Class A conditional use - BCC), Skilled Nursing or Residential Treatment Facility [Institutional, Public & Civic] (Class A conditional use - BCC), Stable, Commercial [Agricultural] (Class A conditional use - BCC), Stable, Private [Agricultural] (Class B conditional use - Zoning Commission), Type 2 Excavation [Excavation] (Class A conditional use - BCC), Water or Wastewater Treatment Plant [Utility] (Class A conditional use - BCC)