711 Palm Beach Lakes ,Triplex, Freshwater 11th & 12th Ave for Sale

711 Palm Beach Lakes for Sale

Price $679,900.00

• Lot size 1297
• Year Build 1938
• Waterfront
• Zip 33401
• Style
• Parking Description
• Pool Yes
• Status Active

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

FRESHWATER 11TH & 12TH AVE ADD LT 8 BLK 29

Less Than 1/4 Acre Lot, Less Than 1 Acre

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

City:West Palm Beach,Roof:1:Shingle,Sewer:1:Public Sanitation,2:Sewer,Zoning:POR (city),Country:United States,List A O R:BeachesMLS,Stories:1,Tax Year:2025,Latitude:26.724794,Cooling Y N:1,Heating Y N:1,List Price:679900,Listing Id:B26045310,Longitude:-80.0588261,Mls Status:Active,Utilities:1:Cable Available,Year Built:1938,High School:Palm Beach Lakes,Living Area:1261,Postal Code:33401,Street Name:Palm Beach Lakes,Tenant Pays:1:Water,Coordinates:1:26.724794,Lot Features:1:Less Than 1 Acre,Photos Count:17,Days On Market:1,Listing Terms:1:Conventional,2:Exchange,Lot Size Acres:0.16,Lot Size Units:Square Feet,M I A M I R E_ Area:5420,M L S Area Major:Freshwater 11th & 12th Ave,On Market Date:2026-06-24,Parcel Number:74434316020290080,Property Type:Residential Income,Stories Total:1,Street Number:711,Street Suffix:Boulevard,Public Remarks: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,County Or Parish:Palm Beach County,Documents Count:1,Expiration Date:2026-12-27,List Office Name:Choice Plus Real Estate,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:2837,Property Sub Type:Triplex,State Or Province:FL,Subdivision Name:FRESHWATER 11TH & 12TH AVE,Tax Annual Amount:8875,Unparsed Address:711 Palm Beach Lakes Boulevard, West Palm Beach FL 33401,Elementary School:Pleasant City,Listing Agreement:Exclusive Right To Sell,M I A M I R E_ Blogging:1,Year Built Details:Resale,Building Area Total:1297,Building Area Units:Square Feet,Leasable Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:539.1753,M I A M I R E_ Num Floors:1,Original List Price:679900,I D X Participation Y N:1,Number Of Units Total:3,Syndication Remarks: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,Listing Contract Date:2026-06-24,Originating System I D:miamire,Showing Instructions:24 Hour Notice,Call Listing Agent,Elect Lockbox-Call List Agent,Pet On Premises,Street Number Numeric:711,Tax Legal Description:FRESHWATER 11TH & 12TH AVE ADD LT 8 BLK 29,M I A M I R E_ Current Price:679900,Middle Or Junior School:Roosevelt,Construction Materials:1:Frame With Stucco,2:Stucco,M I A M I R E_ Municipal Code:74,M I A M I R E_ Num Leases Year:12,M I A M I R E_ Total Mortgage:285000,M I A M I R E_ Year Installed:1938,Originating System Name:Miami Association of REALTORS®,M I A M I R E_ Geographic Area:Palm Beach 5420; 5430; 5440,M I A M I R E_ Parcel Number M L X:7443,Contract Status Change Date:2026-06-24,Internet Address Display Y N:1,M I A M I R E_ Cable Available Y N:1,Number Of Units In Community:3,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:Yes - Attribution Required (Agent and Office),M I A M I R E_ Subdivision Number:2,M I A M I R E_ Acreage Description:1/4 Acre Or Less,M I A M I R E_ Environmental Audit:None,M I A M I R E_ Num Times Leased Year:12,M I A M I R E_ Agent Alternate Phone:561-628-4663,M I A M I R E_ Approx Sqft Total Area:6970,Internet Entire Listing Display Y N:1,M I A M I R E_ Dade Market Amt Assessed Amt:392546,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:539.18,Internet Automated Valuation Display Y N:1,