940 Charles St, West Palm Beach, FL 33401
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940 Charles St, West Palm Beach, FL 33401
940 Charles St, West Palm Beach, FL 33401
940 Charles St, West Palm Beach, FL 33401
940 Charles St, West Palm Beach, FL 33401
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Alex Mendel

Alex Mendel

+1(561) 827-8449
$ 1,100,000
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Price Dropped by $50K

940 Charles St West Palm Beach, FL 33401

2,418 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,418 sqft

Price per Sqft $454

Subdivision Belle Vue Add To Wpb

MLS Listing ID A11996590

HOA Y/N No

Year Built 1950

Annual Tax Amount $14,842

Tax Year 2025

Property Sub-Type Triplex

Property Description

Rare income-producing triplex in the sought-after Pineapple Park neighborhood of West Palm Beach. Situated on an oversized 9,647 SF lot just minutes from Downtown West Palm Beach, CityPlace, the Brightline station, Palm Beach Island, and some of the area's best dining, shopping, and entertainment, this property offers a turnkey opportunity in one of South Florida's most dynamic and rapidly growing markets.

The front CBS duplex features two fully renovated short-term rental units with updated kitchens, modern finishes, and private entrances. Both units have demonstrated strong performance with 73–75% occupancy in 2025 and over $77,000 in combined short-term rental revenue.

The rear 2BD/1BA single-family home provides additional income and flexibility, making the property ideal for investors seeking diversified revenue streams or an owner-operator looking to offset expenses.

In total, the property generated over $102,000 in gross income in 2025, supported by strong rental demand driven by West Palm Beach's continued growth as a destination for residents, visitors, and relocating professionals.

All units offer independent entrances and ample off-street parking, and furniture and furnishings in the short-term rental units convey, creating a turnkey investment ready for immediate operation.

Location

State FL

County Palm Beach

Community Belle Vue Add To Wpb

Area 5430

Direction From I-95, exit Okeechobee Blvd east. Turn south on Dixie Hwy, then east on Charles St. Property will be on the right.

Interior

Heating Central

Cooling Central Air, Other, Wall/Window Unit(s)

Flooring Tile

Exterior

Pool None

Utilities Available Cable Available

Roof Type Flat,Shingle

Total Parking Spaces 4

Private Pool No

Building

Lot Description < 1/4 Acre

Story 2

Sewer Public Sewer

Level or Stories Two

Structure Type Block,Frame

Others

Tax ID 74434328150050120

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11996590

Miami Association of Realtors (SEFMIAMI MLS)
Listed by BAWONS Properties, Inc

NEARBY SCHOOLS & PROPERTIES

Alex Mendel

Alex Mendel

Agent

+1(561) 827-8449

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940 Charles St

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