Triplex in 735 Colonial Road, West Palm Beach, FL 33405 with MLS# R11158332

Investor opportunity in the desirable SoSo / Hillside Park area of West Palm Beach. This 1926 Spanish Colonial triplex is surrounded by mature trees and palms and offers a classic Spanish style main house plus two studio apartments. Zoned for up to 5 units per tax records, providing excellent income and value-add potential. Located 5 minutes to Downtown West Palm Beach and PBI Airport (outside flight path), 10 minutes to the beach, and close to restaurants, parks, and entertainment.

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Days on the market

735 Colonial Road, West Palm Beach, FL 33405

Price
Price:
$675,000.00
Original List Price:
$725,000.00
List Price per Sq Ft (Calculated, Approx.):
$313.31
Close Price:
$565,000.00
Transaction closed on:
April 17, 2026
Lease Details
Tenant Pays:
Electricity, Cable Tv
Property Status and Type
Listing Type:
Sold
Status:
Closed
Listing Category:
Residential Income (Multifamily 2-4)
Property Type:
Triplex
Description of Last Important Update:
Status Change
Last Major Update on:
April 20, 2026 3:48 pm
Rooms Distribution
Bathrooms Total:
3
Measures
Living Area:
2,314 Sqft
Built-Up Area:
2,638 Sqft
Lot Size Dimensions and Info:
59.0 ft x 110.0 ft
Building Area Source:
Appraiser
Lot Features:
Fruit Tree(s)
Lot Size Acres:
0.15
Property Features
View from the Property:
Garden, City
Waterfront:
No
Exterior:
Awning(s), Balcony
Patio and Porch:
Patio, Porch, Patio - Covered, Patio - Open, Porch - Open
Windows:
Blinds, Sliding
Other Structures:
Shed(s), Barn(s), Outbuilding
Air Conditioning
Air Conditioning System:
Central Air, Ceiling Fan(s), Wall/window Unit(s)
Heating
Heating System:
Natural Gas, Natural Gas
Fence:
Fenced
Balcony Details:
Balcony - Covered, Balcony - Open
Storm Protection Impact Glass:
Partial
Sprinkler Description:
Auto Sprinkler
Storm Protection Accordian Shutters:
Partial
Construction
Year Built:
1928
Roof:
Flat, Spanish Tile
Number of Units Total:
3
Levels:
Two
Construction Materials:
Frame, Stucco, Concrete
Flooring:
Wood, Concrete, Clay
Structure Type:
Triplex
Number of Units in the Community or Building:
3
Stories:
2
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$10,213.6
Tax Year:
2025
Property Tax Details:
Homestead Exemption
Utilities
Sewer:
Public Sewer
Electric:
Three Phase
Utilities Available:
Cable Available, Sewer Available, Water Available
Water Source:
Public
Community
Amenities Provided by the Homeowner's Association (HOA):
Playground, Basketball Court, Park, Sidewalks, Dog Park, Jogging Path, Baseball/softball Field
Subdivision Name:
HILLSIDE PARK
Senior Community:
No
Development Name:
Hillside Park
Restrictions:
No Restrictions
Terms
Documents Available:
Appraisal, Inventory, Deposit Held
Listing Terms Considered by Seller:
Cash, Conventional, FHA, VA Loan
Buyer Possession:
Close Of Escrow
Zoning and Legal
Tax Legal Description:
HILLSIDE PARK LTS 200 & 201
Real Estate Folio Number (Parcel Number):
74434409040002000
Zoning:
SF7(ci
Public Schools Assigned
Elementary School:
Ponce De Leon Elementary-pn
High School:
Forest Hill
Middle Or Junior School:
Conniston Community
Listing History
Active on the market since:
March 12, 2026
Listing Agreement executed on:
January 27, 2026
Purchase Contract Date:
March 16, 2026
Price change occurred on:
March 12, 2026 3:27 pm
Listing Status Last Changed On:
April 20, 2026 3:48 pm
Photos updated on:
January 27, 2026 8:23 pm
Last Modified:
August 17, 2026 2:06 pm
Additional Information
Courtesy of:
Current Properties
Attribution:
Not provided
Location
Street Name:
Colonial
Street Number:
735
City:
West Palm Beach
State:
Florida
Zip Code:
33405
County:
Palm Beach
Latitude:
N26° 39' 35.7''
Longitude:
W81° 56' 17.6''
Street Suffix:
Road
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $82,945
Median Home Value $401,200
Median Rent $1,432/mo
Median Age 43
Population 19,703
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This listing can also be located in the MLS system as RX-11158332
Association of REALTORS®
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