711 Palm Beach Lakes Boulevard, West Palm Beach, FL

$645,000

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1,261

Square feet

0.16

Acres

About 711 Palm Beach Lakes Boulevard

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.

Features of 711 Palm Beach Lakes Boulevard

MLS® # B26045310
USD $645,000
CAD $892,319
CNY 元4,328,595
EUR €555,317
GBP £476,841
RUB ₽55,470,516
Square Footage 1,261
Acres 0.16
Year Built 1938
Type Residential
Sub-Type Triplex
Restrictions See Remarks
Status Price Change
HOPA No Hopa

Community Information

Address 711 Palm Beach Lakes Boulevard
Area 5420
Subdivision FRESHWATER 11TH & 12TH AVE ADD
City West Palm Beach
County Palm Beach
State FL
Zip Code 33401

Amenities

Utilities Cable Available, Electricity Not Available
Is Waterfront No
Has Pool No
Pets Allowed Yes, Call

Interior

Heating Electric
Cooling Electric
# of Stories 1

Exterior

Exterior Features Other
Roof Shingle
Construction Frame, Stucco, Concrete Block - With Stucco

School Information

Elementary Pleasant City
Middle Roosevelt Community
High Palm Beach Lakes

Listing Details

Listing Map

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