711 Palm Beach Lakes Boulevard, West Palm Beach, FL 33401
- $679,900
- 1,261
- SqFt
- List Price
- $679,900
- Days on Market
- 33
- MLS#
- B26045310
- Sq. Ft
- 1,261
- Subtype
- Triplex
- County
- Palm Beach
- Subdivision
- Freshwater 11th & 12th Ave Add
- Year Built
- 1938
Property Description
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.
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Additional Information
- Pets Allowed
- Call, Yes
- Construction
- Frame, Stucco
- Cooling
- Electric
- Flooring
- Other
- Heating
- Electric
- Restrict
- SeeRemarks
- Roof
- Shingle
- Taxes
- $8,875
- Utilities
- Cable Available, Electricity Not Available
- Stories
- 2
- Acres
- 0.16
- Price Per Sqft
- $539
- Elementary School
- Pleasant City
- Middle School
- Roosevelt Community
- High School
- Palm Beach Lakes
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Listing courtesy of Choice Plus Real Estate. Contact:
All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.
Agent: Kimberly Joy Castellotti | Email: sold@choiceplusrealestate.com