Modern Living Group
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$679,900ACTIVE

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

beds0baths1,261sq ft$539/ sq ft
THE RESIDENCE

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

THE DETAILS

Property details

List Price$679,900
Price / Unit$226,633
Units3
Inside Sq Ft1,261
Year Built1938
ConstructionFrame, Stucco
FlooringOther
ZoningPOR (city)
Property TypeTriplex
MLS #B26045310
StatusActive
Original List Price$679,900
Stories1
Lot Size0.16 acres
WaterfrontNo
Days on Market0
Annual Taxes$8,876
CityWest Palm Beach
Show all details (2 more)
Zip Code33401
Tenant PaysCable TV, Electricity, Insurance, Sewer, Water
LOCATION

Where you'll live

Jonathan Santiago
FEATURED AGENT
Jonathan Santiago
WPB Specialist
Luxury Specialist

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