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David Block PA

d.blockrealtor@gmail.com +1(954) 552-4035

$679,900

Est. payment - /mo

1,261 SqFt

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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,261 sqft

Price per Sqft $539

Subdivision Freshwater 11Th & 12Th Ave Add

MLS Listing ID B26045310

Construction Status Resale

HOA Y/N No

Total Fin. Sqft 1261

Year Built 1938

Annual Tax Amount $8,875

Tax Year 2025

Lot Size 6,969 Sqft

Acres 0.16

Property Sub-Type Triplex

Property Description

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

Location

State FL

County Palm Beach

Area 5420

Zoning POR (city)

Interior

Interior Features InteriorFeatures

Heating Electric

Cooling Electric

Flooring Other

Fireplace No

Laundry Other

Exterior

Exterior Feature Outdoor Living Area, Other

Utilities Available Cable Available, Electricity Not Available

Water Access Desc Public

Roof Type Shingle

Accessibility None

Porch Patio

Total Parking Spaces 6

Private Pool No

Building

Lot Description < 1/4 Acre

Dwelling Type Triplex

Story 1

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Frame,Stucco

New Construction No

Construction Status Resale

Schools

Elementary Schools Pleasant City

Middle Schools Roosevelt Community

High Schools Palm Beach Lakes

Others

Senior Community No

Restrictions See Remarks

Tax ID 74434316020290080

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Standard

Pets Allowed Call, Yes

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Listed by Kimberly Joy Castellotti Choice Plus Real Estate

NEARBY SCHOOL & BUSINESS

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David Block PA

+1(954) 552-4035

Agent | License ID: SL3467871

Agent License ID: SL3467871

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711 Palm Beach Lakes BLVD West Palm Beach, FL 33401

David Block PA

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

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