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Homes for sale in West Palm Beach
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.