Triplex in 940 Charles St West Palm Beach for sale with MLS# A11996590
Rare income-producing triplex in the sought-after Pineapple Park neighborhood of West Palm Beach. Situated on an oversized 9,647 SF lot just minutes from Downtown West Palm Beach, CityPlace, the Brightline station, Palm Beach Island, and some of the area's best dining, shopping, and entertainment, this property offers a turnkey opportunity in one of South Florida's most dynamic and rapidly growing markets. The front CBS duplex features two fully renovated short-term rental units with updated kitchens, modern finishes, and private entrances. Both units have demonstrated strong performance with 73-75% occupancy in 2025 and over $77,000 in combined short-term rental revenue. The rear 2BD/1BA single-family home provides additional income and flexibility, making the property ideal for investors seeking diversified revenue streams or an owner-operator looking to offset expenses. In total, the property generated over $102,000 in gross income in 2025, supported by strong rental demand driven by West Palm Beach's continued growth as a destination for residents, visitors, and relocating professionals. All units offer independent entrances and ample off-street parking, and furniture and furnishings in the short-term rental units convey, creating a turnkey investment ready for immediate operation.
940 Charles St, West Palm Beach, FL 33401
- Price:
- $1,175,000.00
- Original List Price:
- $1,175,000.00
- Rent Includes:
- Sewer, Gardener
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Residential Income (Multifamily 2-4)
- Property Type:
- Triplex
- MLS Number:
- A11996590
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- April 7, 2026 9:56 pm
- Living Area:
- 2,418 Sqft
- Built-Up Area:
- 2,632 Sqft
- Lot Size Unit:
- Square Feet
- Lot Features:
- Less Than Quarter Acre
- Waterfront:
- No
- Air Conditioning
- Air Conditioning System:
- Other, Central Air, Wall/window Unit(s)
- Heating
- Heating System:
- Central
- Year Built:
- 1950
- Year Built Details:
- Effective Year Built
- Roof:
- Flat, Shingle
- Levels:
- Two
- Construction Materials:
- Block, Frame
- Flooring:
- Tile
- Stories:
- 2
- Tax Annual Amount:
- $14,842.00
- Tax Year:
- 2025
- Property Tax Status:
- Tax Reflects No Exemptions
- Parking Total Spaces:
- 4
- Covered Spaces:
- 0
- Sewer:
- Public Sewer
- Utilities Available:
- Cable Available
- Subdivision Name:
- BELLE VUE ADD TO WPB
- Senior Community:
- No
- Documents Available:
- Financials, Rent Rolls
- Listing Terms Considered by Seller:
- Cash, Conventional
- Occupant Type:
- Call Agent
- Buyer Possession:
- Close Of Escrow
- Tax Legal Description:
- BELLEVUE LT 12 BLK 5 & E 1/2 OF 50 FT ABND PT OF GLENWOOD RD LYG W OF & ADJ TO
- Real Estate Folio Number (Parcel Number):
- 74434328150050120
- Zoning Description:
- SF14 (ci
- Originally published on:
- April 7, 2026 9:56 pm
- Active on the market since:
- April 7, 2026
- Price change occurred on:
- April 7, 2026 2:14 pm
- Listing Status Last Changed On:
- April 7, 2026 9:56 pm
- Photos updated on:
- April 8, 2026 2:09 am
- Last Modified:
- April 8, 2026 5:01 am
- Flood Zone:
- AE
- Type of Association:
- None
- Style:
- Triplex
- Municipal Code:
- 74
- Subdivision Number:
- 15
- Courtesy of:
- BAWONS Properties, Inc
- Attribution:
- Not provided
- Street Name:
- Charles St
- Street Number:
- 940
- City:
- West Palm Beach
- State:
- Florida
- Zip Code:
- 33401
- County:
- Palm Beach
- Latitude:
- N26° 41' 39.3''
- Longitude:
- W81° 56' 12.6''
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
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