BEDS0
BATHS
SQUARE FEET1,297
MLS#B26045310
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONFRESHWATER 11TH 12TH AVE ADD
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.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Electric
Heating: Electric
Lot Size: 0.16 Acres
Roof Type: Shingle
Stories: 2.0
Taxes: $8,875
Year Built: 1938
Amenities
Other
Feature Descriptions
Days on Site: 21
Exterior: Frame, Stucco, Concrete Block - With Stucco
Flooring: Other
Laundry: Other
Parcel#: 74434316020290080
Patio/Porch: Patio - Open, Patio
Pets Allowed: Yes, Call
Restrictions: See Remarks
Sewer: Public Sewer
SQFT Living: 1261
Structure Type: Triplex
Units: 3
Utilities: Cable Available, Electricity Not Available
Utilities: Cable Available, Electricity Not Available
Water: Public
Local Schools
High School: Palm Beach Lakes
Middle School: Roosevelt Community
Elementary School: Pleasant City
Listed By / Shown By
Listed By
Agency Name: Choice Plus Real Estate
Agency Phone: 561-628-4663
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
Estimate Your Payment
Estimated Payment
$ 2,451.05 per month $1,513.16 Principal & Interest $739.58 Property Tax $198.30 Homeowner's InsuranceChange Payment Information
711 Palm Beach Lakes Boulevard | MLS# B26045310
This multi-family property located at 711 Palm Beach Lakes Boulevard, West Palm Beach, FL 33401 is currently listed for sale with an asking price of $679,900. Search West Palm Beach real estate on www.realtymark.net today.