Triplex in 711 Palm Beach Lakes Boulevard, West Palm Beach, FL 33401 for sale with MLS# B26045310
Attention Investors & Cash-Flow Buyers: Discover a rare, high-yielding multi-family asset perfectly situated in the rapidly growing West Palm Beach market. This versatile three-unit triplex offers an exceptional combination of immediate rental income, substantial square footage, and major capital expenditure savings. Roof replaced 2023!Unit 1: The Main House 3 BR / 1 BA Unit 2 2BR/1BA . Unit 3 2BR/1BA . All Fully Rented. Orkin termite protection plan already in place. ***Located right on the pulse of West Palm Beach (33401), this property sits in a high-demand submarket characterized by steady historical appreciation and a robust tenant pool. With separate electric and water meters already in place, utility management is streamlined to keep your landlord operational expenses remarkably low. Don't miss out on adding this high-square-footage, low-maintenance income generator to your portfolio. *** Unit 1: Oven, Fridge, dishwasher. Central AC. YGI: $24,600. Expenses; $480 NOI: $24,120 Unit 2: Oven, Fridge. Central AC/ and Window Unit. Expenses: YGI: $18,600 $480 NOI: $18,120 Unit 3: Oven, fridge. A/C mini split w/ additional window unit. Expenses: YGI: $18,600 $480 NOI: $18,120 Lease info: Front House Lease expires 3/31/2027, Unit A Lease expires 3/31/2027, Unit B Lease expires 8/31/2027.
711 Palm Beach Lakes Boulevard, West Palm Beach, FL 33401
- Price:
- $645,000.00
- Original List Price:
- $679,900.00
- List Price per Sq Ft (Calculated, Approx.):
- $511.49
- Tenant Pays:
- Electricity, Insurance, Water, Sewer, Cable Tv
- Listing Type:
- For Sale
- Status:
- Active
- Special Sale Conditions:
- Standard
- Listing Category:
- Residential Income (Multifamily 2-4)
- Property Type:
- Triplex
- Description of Last Important Update:
- Price Reduced
- Last Major Update on:
- August 27, 2026 1:26 pm
- Living Area:
- 1,261 Sqft
- Built-Up Area:
- 1,297 Sqft
- Building Area Source:
- Public Records
- Living Area Source:
- Public Records
- Lot Size Acres:
- 0.16
- Waterfront:
- No
- Exterior:
- Other
- Patio and Porch:
- Patio, Patio - Open
- Laundry:
- Other
- Air Conditioning
- Air Conditioning System:
- Electric
- Heating
- Heating System:
- Electric
- Year Built:
- 1938
- Roof:
- Shingle
- Number of Units Total:
- 3
- Levels:
- Two
- Construction Materials:
- Frame, Stucco, Concrete Block - With Stucco
- Flooring:
- Other
- Number of stories:
- 1
- Structure Type:
- Triplex
- Number of Units in the Community or Building:
- 3
- Stories:
- 2
- Flood Zone Code:
- X
- Property Condition:
- Resale
- Tax Annual Amount:
- $8,875.56
- Tax Year:
- 2025
- Tax Assessed Value:
- $392,546.00
- Property Tax Details:
- City/County
- Sewer:
- Public Sewer
- Utilities Available:
- Cable Available, Electricity Not Available
- Water Source:
- Public
- Pets Allowed?:
- Yes, Call
- Subdivision Name:
- FRESHWATER 11TH & 12TH AVE ADD
- Senior Community:
- No
- Restrictions:
- See Remarks
- Leasing Permitted
- Leasing Permitted Details:
- Okay To Lease
- Documents Available:
- Other, None
- Listing Terms Considered by Seller:
- Cash, Conventional, 1031 Exchange
- Buyer Possession:
- Subject To Tenant Rights, Close Of Escrow
- Negotiable Seller Concessions
- Tax Legal Description:
- FRESHWATER 11TH & 12TH AVE ADD LT 8 BLK 29
- Real Estate Folio Number (Parcel Number):
- 74434316020290080
- Zoning:
- POR (city)
- Elementary School:
- Oak Park-hb
- High School:
- Palm Beach Lakes
- Middle Or Junior School:
- Roosevelt Community
- Active on the market since:
- June 25, 2026
- Listing Agreement executed on:
- June 24, 2026
- Price change occurred on:
- August 27, 2026 1:26 pm
- Listing Status Last Changed On:
- June 25, 2026 3:37 pm
- Photos updated on:
- June 25, 2026 3:37 pm
- Last Modified:
- August 31, 2026 9:53 pm
- Courtesy of:
- Choice Plus Real Estate
- Attribution:
- Not provided
- Street Name:
- Palm Beach Lakes
- Street Number:
- 711
- City:
- West Palm Beach
- State:
- Florida
- Zip Code:
- 33401
- County:
- Palm Beach
- Latitude:
- N26° 43' 29.6''
- Longitude:
- W81° 56' 28.3''
- Street Suffix:
- Boulevard
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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Ver la propiedad 711 Palm Beach Lakes Boulevard, West Palm Beach, FL 33401
