711 Palm Beach Lakes Boulevard

West Palm Beach, FL 33401
  • $679,900

    Price
  • 7

    Bed
  • 4

    Bath
  • 1,261

    SqFt

About the Listing 276530210 - 40675455

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 Highlights

Status Active
Days on Site 39
Property Type Multi-Family
MLS ® B26045310
Year Built 1938
Total Square Footage 1,261
Lot/Acreage 0.16
County Palm Beach
Area 5420
Elementary School Pleasant City
Middle School Roosevelt Community
High School Palm Beach Lakes

Interior Details

  • Bedrooms: 7
  • Bathrooms: 4 Full
  • Appliances:
  • Air Cond: Electric
  • Heating: Electric
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other: Pets Allowed
  • Water: Public

Exterior Details

  • Lot Description: < 1/4 Acre
  • Garage Capacity: N/A
  • Parking Spaces: 6
  • Zoning: POR (city)
  • Roof: Shingle
  • Others: Outdoor Living Area
  • Sewer: Public Sewer

Financial Details

  • Tax Amount: $8,876
  • Taxes w/Assessments: $392,546
  • Tax/Property ID: 74434316020290080
  • Tax Year: 2025

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711 Palm Beach Lakes Boulevard West Palm Beach, FL 33401

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Originating MLS: BEACH

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Nicole Gary

CEO - The Nicole Gary Team | The Nicole Gary Team

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