Palm Beach, West Palm Beach, FL 33417
Property Type
Triplex
Central AC
Yes
Year Built
1959
Listing courtesy of Mohammed Ismail of Illustrated Properties.
Excellent Income-Producing Triplex, 10% Cap Rate! Low-maintenance, high-return investment opportunity. This well-maintained triplex features full impact windows throughout, offering durability and insurance savings. The property includes three units: A 2BR/1BA currently rented at $1,900/month (annual lease) A 1BR/1BA rented at $1,400/month The main unit (owner-occupied), previously rented for $2,400/month, with strong potential to rent at the same or higher rate Projected income makes this a true cash-flowing asset for investors. Centrally located just minutes from shopping, dining, the airport, and area beaches—highly desirable for tenants and ensures consistent demand. Don't miss this rare opportunity to own a strong-performing income property!
0.21 Acres
2
2
West Palm Beach
R11147186
1,684 Sqft
Palm Beach
Triplex
1959
Block, Concrete, Stucco
3
One
1959
RH
Palm Beach
florida
Fenced
Yes - Central Air, Ceiling Fan(s), Wall/Window Unit(s)
Tile
Yes - Central, Electric, Wall Furnace
Public
Total$3,145.24/Month
*The values provided are approximate. For more precise information, please contact a BHS agent who can offer further assistance.
| Address | Size | Sold For |
|---|---|---|
| 1800 S Ocean BoulevardPalm Beach | 10 BR / 12.5 BA | $37,375,675 |
Closed sales recorded by Brown Harris Stevens agents.
Information is deemed reliable but is not guaranteed and should be independently verified.