$679,900 ($539.18 per sqft)

Est. Mortgage $3,261/mo *

Quick Pre-Approval

711 Palm Beach Lakes Boulevard, West Palm Beach, FL, 33401

711 Palm Beach Lakes Boulevard, West Palm Beach, FL, 33401

1938

1,261 sqft

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


Status:

Active

Type:

Multi-family

Laundry Remarks:

Other

Units:

3

Zoning:

POR (city)

Subdivision:

FRESHWATER 11TH & 12TH AVE ADD

Heating:

Electric

Cooling:

Electric

Levels:

1

Acreage:

0.16

Est. Taxes:

$8,876

Assessment

$392,546

Construction

Frame, Stucco, Concrete Block - With Stucco

Utilities

Cable Available, Electricity Not Available

Elementary School:

Pleasant City

Middle School:

Roosevelt Community

High School:

Palm Beach Lakes

Days on Market:

1

Pet Policy:

Yes, Call

Owner Pays:

Cable TV, Electricity, Insurance, Sewer, Water

MLS #:

B26045310


Community Info

School Info

Walk Score

Yelp


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