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.
For sale
$679,900
711 Palm Beach Lakes Boulevard, West Palm Beach, FL 33401
7beds
4baths
1,261sqft
Triplex, Multi Family, Multi Family
Built in 1938
-- sqft lot
$639,000 Zestimate®
$539/sqft
$-- HOA
What's special
- 62 days |
- 286 |
- 19 |
Zillow last checked:
Listing updated:
Listed by:
Kimberly Joy Castellotti 561-628-4663,
Choice Plus Real Estate
Source: BeachesMLS,MLS#: B26045310
Originating MLS: BeachesMLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
Heating
- Electric
Cooling
- Electric
Appliances
- Laundry: Other
Features
- Flooring: Other
Interior area
- Total structure area: 1,297
- Total interior livable area: 1,261 sqft
Property
Parking
- Total spaces: 6
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio
- Exterior features: Outdoor Living Area, Other
Lot
- Size: 6,970 Square Feet
- Features: < 1/4 Acre
Details
- Parcel number: 74434316020290080
- Zoning: POR (city)
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family, Multi Family
Materials
- Frame, Stucco
- Roof: Shingle
Condition
- Resale
- New construction: No
- Year built: 1938
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Not Available
Community & HOA
Community
- Subdivision: FRESHWATER 11TH & 12TH AVE ADD
HOA
- Has HOA: No
Location
- Region: West Palm Beach
Financial & listing details
- Price per square foot: $539/sqft
- Tax assessed value: $392,546
- Annual tax amount: $8,875
- Date on market: 6/25/2026
- Cumulative days on market: 63 days
- Listing terms: Cash,Conventional,1031 Exchange
- Tenant pays: Cable TV, Electricity, Insurance, Sewer, Water
Estimated market value
Zestimate®
$639,000
Estimated sales range
$607,000 - $671,000
Rent Zestimate®
$2,129/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/25/2026 | Listed for sale | $679,900+78.9%$539/sqft |
Source: | ||
| 5/7/2021 | Sold | $380,000+1.3%$301/sqft |
Source: | ||
| 1/20/2021 | Listing removed | -- |
Source: | ||
| 1/18/2021 | Price change | $375,000-1.3%$297/sqft |
Source: Intergrated Realty Corp #RX-10635419 Report a problem | ||
| 7/2/2020 | Listed for sale | $380,000+58.3%$301/sqft |
Source: Intergrated Realty Corp #RX-10635419 Report a problem | ||
| 2/7/2020 | Sold | $240,000-17.2%$190/sqft |
Source: | ||
| 1/6/2020 | Pending sale | $290,000$230/sqft |
Source: Estates Int'l Realty, Inc. #A10639127 Report a problem | ||
| 12/23/2019 | Listed for sale | $290,000$230/sqft |
Source: Estates Int'l Realty, Inc. #A10639127 Report a problem | ||
| 12/9/2019 | Pending sale | $290,000$230/sqft |
Source: Estates Int'l Realty, Inc. #A10639127 Report a problem | ||
| 4/8/2019 | Price change | $290,000-3.3%$230/sqft |
Source: Estates Int'l Realty, Inc. #A10639127 Report a problem | ||
| 3/14/2019 | Listed for sale | $300,000+203%$238/sqft |
Source: Estates Int'l Realty, Inc. #A10639127 Report a problem | ||
| 10/8/2018 | Listing removed | $1,500$1/sqft |
Source: Estates Int'l Realty, Inc. #A10480355 Report a problem | ||
| 6/4/2018 | Listed for rent | $1,500+20%$1/sqft |
Source: Estates Int'l Realty, Inc. #A10480355 Report a problem | ||
| 10/20/2015 | Listing removed | $1,250$1/sqft |
Source: J&M Luxury Investments Report a problem | ||
| 8/4/2015 | Listed for rent | $1,250$1/sqft |
Source: J&M Luxury Investments Report a problem | ||
| 3/25/2015 | Listing removed | $1,250$1/sqft |
Source: J&M Luxury Investments Report a problem | ||
| 11/15/2014 | Listed for rent | $1,250$1/sqft |
Source: J&M Luxury Investments Report a problem | ||
| 4/29/2009 | Listing removed | $99,000$79/sqft |
Source: Listhub #R2909813 Report a problem | ||
| 3/27/2009 | Price change | $99,000-44.4%$79/sqft |
Source: Listhub #R2909813 Report a problem | ||
| 2/19/2009 | Price change | $178,000-20.9%$141/sqft |
Source: Listhub #R2909813 Report a problem | ||
| 1/26/2009 | Price change | $225,000-2.2%$178/sqft |
Source: Listhub #R2909813 Report a problem | ||
| 10/16/2008 | Price change | $230,000-7.2%$182/sqft |
Source: Listhub #R2909813 Report a problem | ||
| 9/28/2008 | Price change | $247,900-1%$197/sqft |
Source: Listhub #R2909813 Report a problem | ||
| 8/30/2008 | Price change | $250,300-3.9%$198/sqft |
Source: Listhub #R2909813 Report a problem | ||
| 8/23/2008 | Price change | $260,500-1.5%$207/sqft |
Source: Listhub #R2909813 Report a problem | ||
| 7/24/2008 | Listed for sale | $264,500$210/sqft |
Source: Listhub #R2909813 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $8,021 +8.5% | $356,860 +10% |
| 2023 | $7,390 +7.1% | $324,418 +10% |
| 2022 | $6,900 +12.3% | $294,925 +17.1% |
| 2021 | $6,145 -18.3% | $251,785 +69.1% |
| 2020 | $7,518 +88.4% | $148,925 +10% |
| 2019 | $3,991 | $135,386 -19.3% |
| 2018 | $3,991 +14.8% | $167,711 +8.6% |
| 2017 | $3,477 +9.1% | $154,428 +51.8% |
| 2016 | $3,187 +9.4% | $101,717 +10% |
| 2015 | $2,912 +1.2% | $92,470 +10% |
| 2014 | $2,876 +28.8% | $84,064 +10% |
| 2013 | $2,233 -26.4% | $76,422 -29.8% |
| 2011 | $3,035 -11.5% | $108,798 -12.2% |
| 2010 | $3,429 +12.2% | $123,877 +8.7% |
| 2009 | $3,057 -18.3% | $113,956 -28.5% |
| 2008 | $3,741 -2.6% | $159,419 -6.7% |
| 2007 | $3,842 +0.2% | $170,852 +9.4% |
| 2006 | $3,835 | $156,173 +49.8% |
| 2005 | -- | $104,279 +2.9% |
| 2004 | $1,550 +637.9% | $101,357 +21% |
| 2003 | $210 -88.4% | $83,748 +31% |
| 2001 | $1,816 +18.4% | $63,912 +3.9% |
| 1999 | $1,533 | $61,532 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: North Tamarind
Nearby schools
GreatSchools rating
- 2/10Pleasant City Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 5/10Roosevelt Middle SchoolGrades: 6-8Distance: 0.5 mi
- 2/10Palm Beach Lakes High SchoolGrades: 9-12Distance: 3.6 mi
Schools provided by the listing agent
- Elementary: Pleasant City
- Middle: Roosevelt Community
- High: Palm Beach Lakes
Source: BeachesMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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