711 Palm Beach Lakes Boulevard, West Palm Beach, FL 33401
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711 Palm Beach Lakes Boulevard,West Palm Beach, FL 33401
$645,000
- - Beds
- - Baths
- 1,261 sq. ft.
- Multi-family
- Active
Listed by: kimberly joy castellotti
Office: choice plus real estate
MLS#:B26045310
Source:RMLS
Price summary
- Price:$645,000
- Price per sq. ft.:$497.3
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....
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Home facts
- Year built:1938
- Subdivision & Development:FRESHWATER 11TH & 12TH AVE ADD
- Listing ID #:B26045310
- Added:95 day(s) ago
- Updated:September 26, 2026 at 02:55 PM
Rooms and interior
- Living area:1,261 sq. ft.
Heating and cooling
- Cooling:Electric
- Heating:Electric
Structure and exterior
- Roof:Shingle
- Year built:1938
- Building area:1,261 sq. ft.
- Construction Materials:Concrete, Frame, Stucco
- Exterior Features:Patio
Schools
- High school:Palm Beach Lakes
- Middle school:Roosevelt Community
- Elementary school:Pleasant City
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$645,000
- Price per sq. ft.:$497.3
- Tax amount:$8,876 (2025)
Parking
- Total parking spaces:6
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