$679,900

711 Palm Beach Lakes Boulevard, West Palm Beach, FL 33401

1,261 sqft

Triplex
Built in 1938
6,970sqft lot
—— car garage
$539/sqft
Listed 1 month ago

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.

Listing Status:: Active
Date Added:: June 25, 2026
Data Last Updated:: August 17, 2026 at 2:21PM
Listing Office:: Choice Plus Real Estate : 561-628-4663
Listing Agent:: Kimberly Joy Castellotti : 561-628-4663
MLS ID:: B26045310

Laundry: Other
Flooring: Other
A/C: Electric
Heating: Electric
Disability Feature: None

General: Outdoor Living AreaOther
Other Structures: Patio
Parking: Parking spaces: 6

Roofing: Shingle
General: FrameStucco2

Originating MLS: BEACH_BEACH
County: Palm Beach

Zoning: POR (city)FRESHWATER 11TH & 12TH AVE ADD LT 8 BLK 2974434316020290080

Utilities: Cable AvailableElectricity Not Available
Water: Public
Sewer: Public Sewer

Source: BEACH_BEACH

This listing courtesy of Kimberly Joy Castellotti , Choice Plus Real Estate

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Principal & Interest $
Property Taxes $
Home Insurance $
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