Sold for $800,000

$800,000

125 Castlewood Drive #1, North Palm Beach, FL 33408

4beds

4baths

3,330sqft

Triplex, Multi Family, Multi Family

Built in 1978

-- sqft lot

$816,800 Zestimate^®

$240/sqft

$3,798 Estimated rent

Home value

$816,800

$727,000 - $915,000

$3,798/mo

Zestimate^® history

Owner options

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$3,798/mo

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$3,798/mo

Rent Zestimate^®

Refinance and save

$5,518/mo

Est. payment

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$5,518/mo

Est. payment

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What's special

RARE INVESTMENT OPPORTUNITY! North Palm Beach Triplex near Intracoastal. Don't miss this exceptional chance to own a fully leased 3-unit residential income property in the heart of highly desirable North Palm Beach Intracoastal neighborhood—just a short walk to Publix, waterfront parks, restaurants, and more! Each unit offers 2 bedrooms/2 full baths; Walk-in closets in primary bedrooms; dedicated laundry rooms with washer/dryer; Accordion hurricane shutters throughout; private fenced yards; separate electric & water meters & more! One of the units has been renovated to include quartz countertops; stainless steel appliances; newer AC; marble in primary bathroom & porcelain plank wood flooring. Great investment with upside potential! Please DO NOT disturb tenants. Showings by appointment only

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 4

Heating

Central

Cooling

Central Air, Ceiling Fan(s)

Features

Flooring: Ceramic Tile, Tile

Interior area

Total structure area: 3,330
Total interior livable area: 3,330 sqft

Property

Features

Levels: One
Stories: 1
Patio & porch: Deck, Patio
Exterior features: Outdoor Living Area
Fencing: Fenced
Waterfront features: None

Lot

Size: 0.25 Acres
Features: 1/4 to 1/2 Acre Lot, Sprinklers Automatic, Sprinkler System, < 1/4 Acre

Details

Parcel number: 68434216010002000
Zoning: R3(cit

Construction

Type & style

Home type: MultiFamily
Property subtype: Triplex, Multi Family, Multi Family

Materials

Block
Roof: Composition

Condition

Resale
New construction: No
Year built: 1978

Utilities & green energy

Electric: 3 Phase
Sewer: Public Sewer
Water: Multiple Meters, Public
Utilities for property: Cable Available, Sewer Available, Water Available

Community & HOA

Community

Subdivision: PALM BEACH LAKE WORTH ESTATES

HOA

Has HOA: No
Amenities included: None

Location

Region: North Palm Beach

Financial & listing details

Price per square foot: $240/sqft
Tax assessed value: $818,071
Annual tax amount: $15,983
Date on market: 7/19/2025
Cumulative days on market: 45 days
Listing terms: Cash,Conventional,Trade
Tenant pays: Electricity, Water

Price history

Date	Event	Price
9/25/2025	Sold	$800,000-5.9%$240/sqft
Source: BeachesMLS #R11108849 Report a problem
7/19/2025	Listed for sale	$850,000+11.8%$255/sqft
Source: BeachesMLS #RX-11108849 Report a problem
2/23/2021	Sold	$760,000+138.6%$228/sqft
Source: Public Record Report a problem
6/21/2004	Sold	$318,500+89.6%$96/sqft
Source: Public Record Report a problem
11/23/1998	Sold	$168,000+8.4%$50/sqft
Source: Public Record Report a problem
8/3/1995	Sold	$155,000$47/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$16,536 +3.5%	$818,071 +3.4%
2024	$15,983 +3.3%	$790,918 +4.4%
2023	$15,473 +10.1%	$757,786 +10%
2022	$14,055 +40.5%	$688,896 +55.4%
2021	$10,006 +14.4%	$443,252 +10%
2020	$8,746 -0.3%	$402,956 +1.6%
2019	$8,777	$396,749 +1.4%
2018	$8,777 +10.4%	$391,221 +4.7%
2017	$7,947 +7.1%	$373,777 +25.4%
2016	$7,419 +4.2%	$298,084 +10%
2015	$7,123 +23.5%	$270,985 +9.9%
2014	$5,767 +11.8%	$246,521 +10%
2013	$5,157 +4.8%	$224,110 +6.9%
2012	$4,923 -1.8%	$209,725 0%
2011	$5,014 -1.5%	$209,771 -1.1%
2010	$5,091 -7%	$212,054 -10.7%
2009	$5,473 +4.9%	$237,590 -3.1%
2008	$5,216 -13.2%	$245,243 -17.3%
2007	$6,008 -6.7%	$296,616 -0.2%
2006	$6,442	$297,251 +13.1%
2005	--	$262,929 +17.7%
2004	$3,738 +2250.7%	$223,373 +35.5%
2003	$159 -95.8%	$164,900
2002	$3,766 +12%	$164,900 +13.1%
2001	$3,363 +0.3%	$145,777
2000	$3,353 +6.2%	$145,777 +0%
1999	$3,158	$145,720