Property Listing
711 Palm Beach Lakes Boulevard, West Palm Beach, FL 33401
$645,000
Beds
0
Baths
0
Living Area (SF)
1,261
Price/SF
$511
Year Built
1938
Property 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 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 & Details
Location
Explore the property location and surrounding neighborhood context within West Palm Beach.
Mortgage Calculator
Estimate monthly payments and basic cash flow for 711 Palm Beach Lakes Boulevard, West Palm Beach, FL 33401.
Estimated Monthly Payment
$4,492
Mortgage, taxes, insurance, and HOA estimate.
Cash Flow Analysis
Mortgage Payment
$3,347
Total Monthly Payment
$4,492
Cash Flow
-$4,492
Disclaimer: This calculator provides estimates for informational purposes only. Actual payments may vary based on lender terms, taxes, insurance, HOA fees, and other costs.
Listing Information
MLS ID: B26045310
Listing Office: Choice Plus Real Estate
Listing Agent: Kimberly Joy Castellotti
Source: BeachesMLS
Last Updated: Pending live MLS feed
Listing information is provided for consumer informational purposes only. Data will be updated with required MLS attribution, broker attribution, source disclosure, and accuracy disclaimers once the live IDX/MLS feed is connected.
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