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711 Palm Beach Lakes Boulevard, West Palm Beach FL 33401

Multi-family For Sale
$679,900

BTC: 11.49644910

ETH: 438.64516129

New
0 room(s)
1,261 sqft

Overview

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 2,050 SF. Unit 2 2BR/1BA 1600 sf. Unit 3 2BR/1BA 1550 SF. 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

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1938
Lot:
0.16 Acres
Heating:
Electric
Price/sqft:
$539
Cooling:
Electric
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$550,000
$436K – $808K
Confidence Low
List vs. estimate
$129K above estimate
List $679,900 · +23.6%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$539
+60.4% vs. city median $336
Based on
5 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $407K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$8,875
2025
Pets
Allowed
All facts and features
  • Flooring

    • Other

    Heating

    • Electric

    Cooling

    • Electric

  • Property

    • Levels: 2

    • Exterior Features: Other

    Lot

    • Lot: 0.16 Acres

    Other Property Information

    • Parcel Number: 74434316020290080

    • Zoning: POR (city)

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Triplex

  • Utility

    • Cable Connected

    • Cable Available

  • Other financial information

    • Annual tax amount: $8,875

  • Source details

    • MLS ID: B26045310

    Other facts

    • Construction Materials: Frame / Frame With Stucco / Stucco

    • Lot Features: Less Than 1/4 Acre Lot / Less Than 1 Acre

    • Patio And Porch Features: Patio

    • Living Area: 1261

    • Water Source: Public

    • Subdivision Name: FRESHWATER 11TH & 12TH AVE

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Choice Plus Real Estate