Premier Brokers International
711 Palm Beach Lakes Boulevard, West Palm Beach, FL 33401
ActiveBeachesMLS
ActiveMLS® B26045310
$645,000

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

Beds
—
Baths
0
Sqft
1,261
Est. payment$4,409/mo
Home type
Triplex
Year built
1938
Lot size
6,970 sqft
Price / sqft
$511
HOA
$0/mo
Community
FRESHWATER 11TH & 12TH AVE ADD

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 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.

Listing activity

Days on market
89
Listed
Jun 24, 2026
MLS listing updated
Sep 21, 2026
Feed last checked
9 minutes ago

Listed by Kimberly Joy Castellotti · Choice Plus Real Estate

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms
0
Bathrooms (decimal)
0

Rooms & features

Flooring
Other
Laundry
Other

Heating & cooling

Heating
Electric
Cooling
Electric
Property

Exterior

Stories
1
Building area
1,297 sqft
Patio & porch
Patio, Patio - Open
Exterior features
Other
Pool
No
Waterfront property
No

Lot

Lot size
6,970 sqft
Lot size (acres)
0.16 acres
Zoning
POR (city)
Construction

Type & style

Home type
Triplex
Structure type
Triplex
Year built
1938
New construction
No

Materials

Construction
Concrete Block - With Stucco, Frame, Stucco
Roof
Shingle
Property condition
Resale
Utilities & green energy

Utilities

Sewer
Public Sewer
Water
Public
Utilities
Cable Available, Electricity Not Available
Community & HOA

Community

Subdivision
FRESHWATER 11TH & 12TH AVE ADD
MLS area
5420
MLS subarea
PB20
Pets allowed
Yes, Call
55+ community
No

Association

Has association
No
Estimated monthly dues
$0
Lease details

Rental information

Tenant pays
Cable TV, Electricity, Insurance, Sewer, Water
Location

Area details

City
West Palm Beach
County
Palm Beach
ZIP code
33401
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
B26045310
Possession
Close Of Escrow, Subject To Tenant Rights
Original list price
$679,900
Parcel number
74434316020290080
Annual property tax
$8,875.56
Tax year
2025
Assessed value
$392,546
Tax legal description
FRESHWATER 11TH & 12TH AVE ADD LT 8 BLK 29
Special listing conditions
Standard
Additional MLS details

Reported by the listing source

Association
No
Bathrooms Total Decimal
0
Bathrooms Total Integer
0
Building Area Total
1297
Construction Materials
Concrete Block - With Stucco, Frame, Stucco
County Or Parish
Palm Beach
Days On Market
89
Elementary School
Pleasant City
High School
Palm Beach Lakes
Laundry Features
Other
List Price
645000
Listing Contract Date
2026-06-24
Living Area
1261
Lot Size Acres
0.16
Lot Size Area
6970
MLSArea Major
5420
MLSArea Minor
PB20
Middle Or Junior School
Roosevelt Community
Mls Status
Active
On Market Date
2026-06-25
Patio And Porch Features
Patio, Patio - Open
Photos Count
17
Postal Code
33401
Price Change Timestamp
2026-08-27T13:26:27Z
Property Sub Type
Triplex
Property Type
Residential Income
Senior Community
No
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2026-06-25T15:37:06Z
Stories Total
1
Subdivision Name
FRESHWATER 11TH & 12TH AVE ADD
Tax Assessed Value
392546
Water Source
Public
Tax Annual Amount
8875.56
Pool Private
No
Waterfront
No

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Jun 24, 2026ListedBeachesMLS$679,900$539/sqft
Aug 27, 2026Price reducedBeachesMLS$645,000$511/sqft

Public tax history

YearProperty taxesAssessment
2025$8,876$392,546

Payment calculator

Estimated monthly payment$4,409/moIllustrative estimate, not a loan offer.
Principal & interest
$3,347
Property taxes
$740
Insurance
$323
Association dues
$0

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

FRESHWATER 11TH & 12TH AVE ADD

West Palm Beach · Palm Beach County · 33401

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Pleasant CityElementary
—
Roosevelt CommunityMiddle
—
Palm Beach LakesHigh
—
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

12 homes

Similar homes

9 homes
BeachesMLS

BeachesMLS · Listing courtesy of Choice Plus Real Estate. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.