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

Listing Snapshot

About This Home

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

General Features

Property Type

ResidentialIncome

Sub-type

Triplex

Stories

1

Parking Spaces

6

Zoning

POR (city)

Utilities

CableAvailable,ElectricityNotAvailable

Subdivision

FRESHWATER 11TH & 12TH AVE ADD

Interior Features

Flooring

Other

Heating

Electric

Cooling

Electric

Laundry

Other

Exterior Features

Construction

Frame,Stucco

Exterior Features

OutdoorLivingArea,Other

Roof

Shingle

Lot Features

LessThanQuarterAcre

Patio / Porch

Patio

Pool

No

Waterfront

No

Community Features

MLS Area

5420

Schools

Map

Virtual Tour