Homes for sale in West Palm Beach
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Triplex
711 Palm Beach Lakes Boulevard
West Palm Beach, FL 33401
$645,000
- Sq ft
- 1,261
- Year built
- 1938
- Price per sq ft
- $512
Listing courtesy of Kimberly Joy Castellotti, Choice Plus Real Estate
About this home
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.
Details
Property
- Type
- Triplex
- Year built
- 1938
- Stories
- 1
- Lot size
- 6,970 sq ft
- Subdivision
- FRESHWATER 11TH & 12TH AVE
- County
- Palm Beach County
Interior
- Cooling
- Electric
- Heating
- Electric
Exterior and parking
- Patio and porch
- Patio
- Construction
- Frame, Frame With Stucco, Stucco
- Roof
- Comp Shingle Roof, Shingle
Community and fees
- Pets
- Yes
- Annual taxes
- $8,875
- Terms
- All Cash, Conventional, Exchange
Neighborhood
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The data relating to real estate for sale or lease on this website comes in part from the Internet Data Exchange (IDX) program of MIAMI REALTORS® MLS. Listings are provided by participating brokers.
Information is deemed reliable but is not guaranteed and should be independently verified. It is subject to change and is provided for consumers’ personal, non-commercial use only, to identify properties they may be interested in. Listing last updated September 21, 2026.