711 Palm Beach Lakes BLVD, West Palm Beach, FL 33401
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711 Palm Beach Lakes BLVD, West Palm Beach, FL 33401
711 Palm Beach Lakes BLVD, West Palm Beach, FL 33401
711 Palm Beach Lakes BLVD, West Palm Beach, FL 33401
711 Palm Beach Lakes BLVD, West Palm Beach, FL 33401
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Alex Mendel

Alex Mendel

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$ 679,900
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711 Palm Beach Lakes BLVD West Palm Beach, FL 33401

1,261 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,261 sqft

Price per Sqft $539

Subdivision Freshwater 11Th & 12Th Ave

MLS Listing ID B26045310

HOA Y/N No

Leases Per Year 12

Year Built 1938

Annual Tax Amount $8,875

Tax Year 2025

Lot Size 6,969 Sqft

Acres 0.16

Property Sub-Type Triplex

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.

Location

State FL

County Palm Beach

Community Freshwater 11Th & 12Th Ave

Area 5420

Interior

Heating Electric

Cooling Electric

Flooring Other

Exterior

Exterior Feature Other, Patio

Pool None

Utilities Available Cable Available

Roof Type Composition,Shingle

Porch Patio

Private Pool No

Building

Lot Description <1 Acre, < 1/4 Acre

Story 1

Sewer Public Sewer

Water Public

Level or Stories Two, One

Structure Type Frame,Stucco

Schools

Elementary Schools Pleasant City

Middle Schools Roosevelt

High Schools Palm Beach Lakes

Others

Pets Allowed No Pet Restrictions

Senior Community No

Restrictions See Remarks

Tax ID 74434316020290080

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Pets Allowed No Pet Restrictions

Miami Association of Realtors (SEFMIAMI MLS)
Listed by Choice Plus Real Estate

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Alex Mendel

Alex Mendel

Agent

+1(561) 827-8449

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711 Palm Beach Lakes BLVD

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