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For sale
  • $679,900

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

    7beds
    4baths
    1,261sqft
    : 
    $4,554/mo
    Get pre-qualified
    Triplex, Multi Family, Multi Family
    Built in 1938
    -- sqft lot
    $639,000 Zestimate®
    $539/sqft
    $-- HOA

    What's special

    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.
    62 days
    |
    286
    |
    19
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Kimberly Joy Castellotti 561-628-4663,

    Choice Plus Real Estate

    Source: BeachesMLS,MLS#: B26045310MLS LogoOriginating 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

        $639,000

        $607,000 - $671,000

        $2,129/mo

        Price history

        DateEventPrice
        6/25/2026Listed for sale$679,900+78.9%$539/sqft
        Source: BeachesMLS #B26045310 Report a problem
        5/7/2021Sold$380,000+1.3%$301/sqft
        Source: BeachesMLS #R10635419 Report a problem
        1/20/2021Listing removed--
        Source: BeachesMLS Report a problem
        1/18/2021Price change$375,000-1.3%$297/sqft
        Source: Intergrated Realty Corp #RX-10635419 Report a problem
        7/2/2020Listed for sale$380,000+58.3%$301/sqft
        Source: Intergrated Realty Corp #RX-10635419 Report a problem
        2/7/2020Sold$240,000-17.2%$190/sqft
        Source: MIAMI #A10639127 Report a problem
        1/6/2020Pending sale$290,000$230/sqft
        Source: Estates Int'l Realty, Inc. #A10639127 Report a problem
        12/23/2019Listed for sale$290,000$230/sqft
        Source: Estates Int'l Realty, Inc. #A10639127 Report a problem
        12/9/2019Pending sale$290,000$230/sqft
        Source: Estates Int'l Realty, Inc. #A10639127 Report a problem
        4/8/2019Price change$290,000-3.3%$230/sqft
        Source: Estates Int'l Realty, Inc. #A10639127 Report a problem
        3/14/2019Listed for sale$300,000+203%$238/sqft
        Source: Estates Int'l Realty, Inc. #A10639127 Report a problem
        10/8/2018Listing removed$1,500$1/sqft
        Source: Estates Int'l Realty, Inc. #A10480355 Report a problem
        6/4/2018Listed for rent$1,500+20%$1/sqft
        Source: Estates Int'l Realty, Inc. #A10480355 Report a problem
        10/20/2015Listing removed$1,250$1/sqft
        Source: J&M Luxury Investments Report a problem
        8/4/2015Listed for rent$1,250$1/sqft
        Source: J&M Luxury Investments Report a problem
        3/25/2015Listing removed$1,250$1/sqft
        Source: J&M Luxury Investments Report a problem
        11/15/2014Listed for rent$1,250$1/sqft
        Source: J&M Luxury Investments Report a problem
        4/29/2009Listing removed$99,000$79/sqft
        Source: Listhub #R2909813 Report a problem
        3/27/2009Price change$99,000-44.4%$79/sqft
        Source: Listhub #R2909813 Report a problem
        2/19/2009Price change$178,000-20.9%$141/sqft
        Source: Listhub #R2909813 Report a problem
        1/26/2009Price change$225,000-2.2%$178/sqft
        Source: Listhub #R2909813 Report a problem
        10/16/2008Price change$230,000-7.2%$182/sqft
        Source: Listhub #R2909813 Report a problem
        9/28/2008Price change$247,900-1%$197/sqft
        Source: Listhub #R2909813 Report a problem
        8/30/2008Price change$250,300-3.9%$198/sqft
        Source: Listhub #R2909813 Report a problem
        8/23/2008Price change$260,500-1.5%$207/sqft
        Source: Listhub #R2909813 Report a problem
        7/24/2008Listed for sale$264,500$210/sqft
        Source: Listhub #R2909813 Report a problem

        Public tax history

        YearProperty taxesTax 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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: North Tamarind

        Getting around

        73 / 100
        Very Walkable
        38 / 100
        Some Transit
        68 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        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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